The first batch of 40 million Balboa ($1)  coins newly minted to commemorate the World Youth Day (WYD) event in  Panama in January 2019, will be in circulation on Monday, October 8.

The coin popularly referred to as a Martinelli will have on the obverse side the image of the Cathedral Basilica Santa María La Antigua  or the WYD Panama logo, and, on the other side, the National Shield and the denomination “Un Balboa.”

The next image to enter circulation will be the Oratorio San Felipe Neri.

Collector package
The Ministry of Economy and Finance was authorized to mint 2,000 sets of quality coins aimed at collectors. The coins will enter the market with a denomination of 20 balboas, a diameter of 38 millimeters and its presentation is a wooden case with a finish that is in line with the global importance of this event reports La Estrella

This collection of coins has a purity of 99.99% silver, with  24 carat gold band. Each of these cases has the complete set of commemorative coins and will be available from the month of December of this year and will cost a 1,000 balboas ($1,000)

The complete set of commemorative coins will be available at the National Bank of Panama.