Obverse: National coat of arms.
Note: struck at The Franklin Mint, U.S.A.
Lettering: VASCO NUÑEZ DE BALBOA 1977 Reverse: 3/4-length standing armored figure facing left, raised right arm holding sword, left arm a flag
Lettering: · REPUBLICA DE PANAMA · LEY 0.925F ·20 BALBOAS·
