1973 Panama Silver Balboa Proof

---

This striking silver coin from Panama, minted in 1973, offers a beautiful example of mid-century Central American coinage. Struck in a proof finish, the piece contains 0.7734 troy ounces of silver with a purity of 0.900. It is cataloged as KM-27 and belongs to a limited mintage of just 30,000 pieces, making it a compelling subject for those who appreciate refined numismatic design. The obverse of the coin displays the official Panamanian coat of arms, complete with an elegant surrounding wreath. The design is split at the bottom by the 1973 date, while the silver purity of 0.900 is clearly marked on the side. This side showcases the formal identity of the nation with balanced, classic heraldry. On the reverse, the coin features a left-facing portrait of the famous explorer Vasco Nunez de Balboa. He is depicted wearing detailed armor, honoring his place in the history of the region. The contrast of the proof finish highlights the intricate textures of the armor and the strong profile of the historical figure.