Obverse Design The legend along the rim says "VASCO NUNEZ" on the left and "DE BALBOA" on the right, the full name of the Spanish explorer who settled in Panama and discovered the Pacific Ocean. The center of the coin has the bust of Balboa wearing a morion helmet and corselet armor (typical equipment for a Spanish foot soldier of the time of Balboa). Along the bottom under the bust is the date "1940". The coin has a smooth plain raised rim with dentures along the edge. Reverse Design The legend along the top says "REPÚBLICA DE PANAMÁ" which means "REPUBLIC OF PANAMA". The center of the coin says "UNO Y CUARTO CENTÉSIMOS" in four lines, one word per line. It is Spanish for "ONE AND A FOURTH CENTS". Note that the word "CENTÉSIMOS" is in a slightly smaller font in order to fit in the space allocated. The coin has a smooth plain raised rim with dentures along the edge. Edge Design The coin edge is plain and smooth. Metal Bronze alloy (95% copper 5% zinc and tin). Weight 3.11 grams. Size and Shape Round, 20 mm in diameter. Dates Issued and Mintage Date Issued Regular Mintage Proof Mintage 1940 1,600,000 None. Grading Link to Grading Page. Mint United States Mint (at Philadelphia). Other Catalog Numbers Asociación Numismático's M-8, Contre Porras page 74, Grigore's #33, Stickney's P-5. Varieties None known. Availability The Uno y Cuarto Centésimos of 1940 is common both in circulated and uncirculated grades. Notes The Uno y Cuarto Centésimos of 1940 was authorized by Law No. 69 of December 29, 1938 and Decree No. 71 of June 9, 1939.