President José Raúl Mulino signed Law 499 of November 17, 2025, which adds a transitional article to the Fiscal Code to allow for the minting of commemorative coins between 2025 and 2029. And the best part: all that money will go to the Association for Charitable Works, an entity dedicated to supporting social programs.
Coins with history and purpose
According to the law, the designs will feature the Palace of the Herons and the First Lady's Office on the obverse, and the National Shield on the reverse, with all the formality that represents. These coins will be of "proof quality", but beware: they will have the same legal value as any national currency. It's not just for collectors; they can be used as regular money.
Where does the money go?
The law clearly states that the royalties from the sale of these coins (2025-2029) will be for the Association for Charitable Works, but first, the expenses incurred by the National Bank of Panama, covered by the Ministry of the Presidency, will be deducted. The idea is to strengthen social and cultural programs and to remember events, figures, and moments that are part of the DNA of this country.
The coins to be minted ➡ Coins alluding to the Palace of the Herons Colored nickel, B/.1.00 — Up to 2,000 pieces Silver, B/.20.00 — Up to 600 pieces Gold, B/.50.00 — Up to 200 pieces ➡ Coins alluding to the First Lady's Office Colored nickel, B/.1.00 — Up to 2,000 pieces Silver, B/.20.00 — Up to 600 pieces Gold, B/.50.00 — Up to 200 pieces
A final presentation, as the occasion demands
The law requires that all coins come in high-strength transparent capsules, kept in special collector's cases, with a presentation that befits what they represent. The company minting these pieces must guarantee that the finish is of proof quality, while the Ministry of Economy and Finance (MEF) will take the lead in deciding on designs and artistic details.
The National Bank of Panama will be the custodian and will be responsible for putting the coins at the disposal of those who wish to purchase the sets.
