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measuring 36 mm x 55
composed of an insignia with a centrepiece bearing a star within a crescent moon with four emanating rays
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white pressed reinforcing fabric on the reverse
Panama, Republic, An Order Of Vasco Nuñez De Balboa, Miniature Decoration United Republic of measuring 36 mm x 55(Orden de Vasco Nuez de Balboa). Instituted on January 28, 1933. In silver gilt, a four armed cross with white enamelled arms, featuring a delicate enameled green laurel wreath in each quadrant also in gilt, the obverse with a gilded facing left portrait of Vasco Nuez de Balboa, Spanish explorer and conqueror, on a background of white enamel, along with gilded inscription ORDEN DE VASCO NUEZ DE BALBOA, presenting plain reverse with a central medallion
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