5 Balboas (Discoverer of the Pacific) 1985 front 5 Balboas (Discoverer of the Pacific) 1985 back
5 Balboas (Discoverer of the Pacific) 1985 photo
© Heritage Auctions

5 Balboas Discoverer of the Pacific

1985 year
Silver (.500) 23.33 g 39 mm
Description
Issuer
Panama
Period
Republic (1903-date)
Type
Non-circulating coin
Year
1985
Value
5 Balboas 5 PAB = USD 5.00
Currency
Balboa (1904-date)
Composition
Silver (.500)
Weight
23.33 g
Diameter
39 mm
Shape
Round
Technique
Milled
Updated
2024-10-07
References
Numista
N#70884
Rarity index
92%

Reverse

Armoured portrait to the waist with helmet of Vasco Núñez de Balboa facing left holding a folded flag at left hand, right arms extended to the left. Legend around, value in letters below.

Script: Latin

Lettering:
BALBOA DESCUBRIDOR DEL PACÍFICO
CINCO BALBOAS

Translation:
Balboa Discoverer of the Pacific
Five Balboa

Edge

Reeded

Comment

Balboa was a Spaniard, first European who crossed the Isthmus, reached the Pacific by land and discovered the Perlas Archipelago (1513). The design is taken from old images showing Balboa taking possession of the Pacific Ocean on behalf of the king of Spain.
The 9 stars represent the 9 provinces of the country at that time (there are now 10).

Interesting fact

The 5 Balboas coin from Panama, minted in 1985, features a unique design that showcases the country's rich history and culture. One interesting fact about this coin is that it depicts Vasco Nunez de Balboa, a Spanish explorer who was the first European to see the Pacific Ocean from the New World. The coin's design also includes an image of a map, representing Balboa's journey and the discovery of the Pacific. This coin is a valuable collector's item for numismatists and history enthusiasts alike, serving as a symbol of Panama's rich cultural heritage.

Price

Date Mintage VG F VF XF AU UNC
1985 FM 765 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 5 Balboas (Discoverer of the Pacific) 1985 coin.