Modern coins of Panama

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(KM#140, Numista number N#51) (Images courtesy of Numista; image copyright of Heritage Auctions)

(KM#195, Numista number N#52) (Images courtesy of Numista, image copyright of Heritage Auctions)

The 1/10 Balboa coin was minted in the same specifications of the United States dime, and circulated alongside two types of dimes to support its dollarized economy, the Winged Liberty ("Mercury") dime and the Roosevelt silver dime.

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(KM#11, Numista number N#5262) (Images courtesy of Numista)

Issued into circulation from 1930 to 1962 was the 1/4 Balboa coin. The obverse side featured the Coat of arms of Panama and the reverse side featured a portrait of Vasco Núñez de Balboa.

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(KM#145, Numista number N#3573) (Images courtesy of Numista; image copyright of Heritage Auctions)

(KM#164, Numista number N#54) (Images courtesy of Numista; image copyright of Heritage Auctions)

The 1/4 Balboa coin was minted in the same specifications of the United States quarter, and circulated alongside two types of quarters to support its dollarized economy, the Standing Liberty quarter and the Washington silver quarter.

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(KM#12, Numista number N#14316) (Images courtesy of Numista)

Issued into circulation from 1930 to 1962 was the 1/2 Balboa coin. The obverse side featured the Coat of arms of Panama and the reverse side featured a portrait of Vasco Núñez de Balboa.

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(KM#142, Numista number N#4455) (Images courtesy of Numista; image copyright of Heritage Auctions)

(KM#199, Numista number N#2835) (Images courtesy of Numista; image copyright of Heritage Auctions)

The 1/2 Balboa coin was produced in the same specifications as the United States half dollar, and circulated alongside two types of half dollars in its dollarized economy, the Walking Liberty half dollar and the Franklin half dollar.

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(KM#13, Numista number N#18304) (Images courtesy of Numista)

Issued into circulation from 1931 to 1947 was the 1 Balboa coin. The obverse side displayed a standing figure of Liberty holding the fasces in one arm and an oak sprig on the other, with that arm supporting the shield of the Coat of arms of Panama and the reverse side displayed a portrait of Vasco Núñez de Balboa.

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(KM#150, Numista number N#5580) (Images courtesy of Numista)

The 1 Balboa coin was minted in the same specifications of the United States silver dollar, and one type circulated in Panama's dollarized economy, the Peace dollar.

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(KM#14, Numista number N#5259) (Images courtesy of Numista)

Issued into circulation in 1935 was the 1 Centésimo coin. The obverse side featured the coin's denomination in Spanish and the reverse side feature a portrait of Urraca.

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(KM#132/KM#A132, Numista number N#908) (Images courtesy of Numista; image copyright of Heritage Auctions)

The 1 Centésimo coin was minted in the same specifications of the United States penny (cent), and one type was circulated in Panama's dollarized economy, the Lincoln Wheat Ears cent.

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(KM#15, Numista number N#12035) (Images courtesy of Numista; image copyright of Heritage Auctions)

Issued into circulation in 1940 was the 1 1/4 Centésimos coin. The obverse side displayed the coin's denomination in Spanish and the reverse side displayed a portrait of Vasco Núñez de Balboa.

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(KM#16, Numista number N#5261) (Images courtesy of Numista)

Issued into circulation in 1940 was a new version of the 2 1/2 Centésimos coin. The obverse side presented a portrait of Vasco Núñez de Balboa and the coin's denomination in Spanish.

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(KM#22, Numista number N#1039) (Images courtesy of Numista)

Issued into circulation from 1961 to 1987 was a new version of the 1 Centésimo coin. The obverse side featured the country's name and denomination in Spanish and the reverse side featured a portrait of Urraca.

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(KM#201, Numista number N#42) (Images courtesy of Numista)

The 1 Centésimo coin was produced in the same specifications of the United States penny (cent), and one type circulated in Panama to support its dollarized economy, the Lincoln Memorial cent.

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(KM#23, Numista number N#1083) (Images courtesy of Numista)

Issued into circulation from 1961 to 1993 was the 5 Centésimos coin. The obverse side displayed the Coat of arms of Panama and the reverse side featured the coin's denomination.

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(KM#192/KM#A192, Numista number N#44) (Images courtesy of Numista)

The 5 Centésimos coin was minted in the same specifications of the United States nickel, and one type circulated in its dollarized economy, the Jefferson nickel (1st portrait).