Watch List notes:

PANAMA, Republic. 1903-pres. Proof AV 100 Balboas (26mm, 7.45 g, 12h). Franklin mint. Dated 1984 FM. Coat-of-arms before flags; above, eagle facing, head right, wings spread / Pre-Columbian art (Turtle god) with date in central panel. KM 100; Friedberg 19. Proof.

From the Norman Frank Collection.