|Value||1/4 of Balboa (0.25 PAB)|
Armoured bust with helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath. The buste touches the rim below.
Lettering: VN CUARTO DE BALBOA
Coat of arms with 9 stars above. Name of the country above, silver content on both sides, date below.
REPUBLICA DE PANAMA
PRO MUNDI BENEFICIO
Balboa was a Spaniard, first European who crossed the Isthmus, reached the Pacific by land and discovered the Perlas Archipelago (1513). The 9 stars represent the 9 provinces of the country at that time (there are now 10).
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|1930||20||KM#11.1 Matte Proof|
|1962||KM#11.2 (low relief, portrait touches rim)|
|1962||25||KM#11.2 (low relief, portrait touches rim) Proof|