In the world there are countries that when issuing currencies do so with an enormous precision in time, say the case of Austria. One year in advance they broadcast their program of emissions facilitating in it the exact day that the coins will be issued, something that they then strictly comply with, and then we have some extreme example of the opposite, as it is what we can see today, in the that some coins are announced to commemorate an event that was celebrated in 2017, the coins have just come out in circulation in 2019 and have a date of 2017 and 2018. This we can call taking things slowly.
The coins issued by Panama of which I speak were put into circulation on Friday June 21 and commemorate the Centennial of the Panamanian Red Cross. The four million coins have been minted by the Royal Canadian Mint, as has been usual in recent years.
The first coin represents in color the worldwide known logo of the Red Cross in its central nucleus, and the inscriptions "CENTENARIO DE LA CRUZ ROJA PANAMEÑA" and the year of mintage "2017".
The second piece represents in its core and color a Red Cross volunteer in rescue work. The legends of the ring are «CENTENARIO (1917/2017) OF THE RED CROSS PANAMEÑA» and the year of minting «2018».
The reverse of this bimetallic coin is the same as the current currency of circulation of 1 balboa.
Characteristics first currency of circulation
Face value: 1 Balboa
Metal: Nickel-plated steel
Diameter: 26.5 mm
Weight: 7.2 g
Issue volume: 4,000,000 (2 million each)
Date of issue: June 21, 2019
Characteristics first currency of circulation
Face value: 1 Balboa
Metal: Nickel-plated steel
Diameter: 26.5 mm
Weight: 7.2 g
Issue volume: 4,000,000 (2 million each)
Date of issue: June 21, 2019
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