Balboa Pubblico Deposited
The unit of the gold standard of Panama, divided into one hundred Centesimos and of the same value as the money of the United States. It is named after the explorer, but up to the present time has not been struck, the largest coin of Panama being the Peso, or half Balboa.
- Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)