Semi-Numismatic

1978 Panama Silver 20 Balboas 75th Anniv Proof

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Struck in 1978 to commemorate three quarters of a century of independence, this impressive silver coin from Panama carries a face value of 20 Balboas. It is a substantial piece of sovereign coinage, containing 3.854 troy ounces of actual silver weight within its sterling purity. The sheer scale of the coin makes it a striking canvas for its historical imagery. On the obverse side, the official coat of arms of Panama is displayed prominently, positioned directly above the denomination of 20 Balboas. The design reflects national pride, underscored by the Latin motto visible in the inscription. The reverse features a dramatic depiction of Vasco Núñez de Balboa standing and facing left. He holds a sword aloft, symbolizing exploration and discovery, with the year 1978 positioned beneath his arm. This proof-finish coin, cataloged as KM-54, serves as a lasting tribute to a major milestone in Panama's national journey.