The arms of Panama with 9 stars above representing the nine provinces at the time (there are now ten) with the name of the country above, silver content on both sides, date below
Transcription
REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
LEY GR
0.900 6.25
1962
Translation
Republic of Panama
For the Benefit of the World
Silver Grams
0.900 6.25
1962
Reverse
Description
An armored bust with the helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath with the bust touching the rim below