20 Balboas Banded Butterfly Fish

Features

Issuer	Panama
Period	Republic (1903-date)
Type	Non-circulating coins
Year	1983
Value	20 Balboas 20 PAB = USD 20
Currency	Balboa (1904-date)
Composition	Gold (.500)
Weight	2.14 g
Diameter	14 mm
Thickness	1 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Number	N# 297889
References	KM# 92 Standard Catalog of World Coins (86 volumes). , Schön# 93 Battenberg Gietl Verlag (publisher). Weltmünzkatalog. Battenberg Gietl Verlag, Regenstauf, Bavaria, Germany (4 volumes).

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Obverse

Coat of arms of Panama with 9 stars, name of the country above, fineness, mintmark, and denomination below

Script: Latin

Lettering:
REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
LEY 0.500 FM
20 BALBOAS

Translation:
Republic of Panama
For the Benefit of the World
0.500 Purity

Reverse

Banded butterfly fish above date

Script: Latin

Lettering: 1983

Mint

FM	Franklin Mint (The Franklin Mint), Wawa, Pennsylvania, United States (1964-2003)

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Date	Mintage	UNC
Undetermined
1983 FM
1983 FM	1 671	$ 88	Proof
1983 FM			Proof, FDC

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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Numista Rarity index: 93 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 149.24 Search tips

This value is given for information purpose only. It is based on a price of gold at 139 473 USD/kg. Numista does not buy or sell coins or metal.

Actual gold weight: 0.034 oz

Current gold price: 4338.09 USD/oz (see gold price

)

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions 2025 May 5 Spotlight: Latin America World Coins Showcase Auction 61503 Lot 22160	5 May 2025	1983 FM	UNC (NGC PR69 Ultra Cameo)	USD 228.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2016 December 8 - 9 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong 3050 Lot 62323	8 Dec 2016	1983 FM – Proof	UNC (NGC PF-68 Ultra Cameo)	USD 89.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2023 March 26 Modern World Coins Showcase Auction 65163 Lot 98232	26 Mar 2023	Undetermined	UNC (NGC PR69 Ultra Cameo)	USD 288.00 (incl. buyer's premium)
© Heritage Auctions