This 1 Panamanian balboa coin is a commemorative coin issued in 2004 to celebrate the handover of the Panama Canal by the US to Panama. It is a copper-nickel coin that is in mint condition, weighs 22.68 g, and has a diameter of 38.1 mm. Its obverse side shows the bust of President Mireya Moscoso. Its reverse side features the Panamanian flag with a canal scene showing a ship in a lock-in background.