Panama Paper Money

**PRESIDENTS**
Martin E.Espino Torrijos 1.9.2004 - present	Arnulfo Arias Madrid 1.10.1941 - 9.10.1941

**ISSUED NOTES**
SEE SPECIMEN SET BELOW
P.22a 1 Balboa 1941 Serial 003175 Image Courtesy: Carl Clegg	Back Low Serial Image Courtesy: Carl Clegg
P.22a 1 Balboa 1941 Serial 015018	Back This Note For Sale by a Collector
P.22a 1 Balboa 1941 Serial 594371	Back High Serial
SEE SPECIMEN SET BELOW
P.23a 5 Balboas 1941 Image Courtesy: L Knight Currency Auctions	Back Image Courtesy: L Knight Currency Auctions
SEE SPECIMEN SET BELOW
P.24a 10 Balboas 1941 Image Courtesy: L Knight Currency Auctions	Back Image Courtesy: L Knight Currency Auctions
SEE SPECIMEN SET BELOW
P.25a 20 Balboas 1941 Image Courtesy: L Knight Currency Auctions	Back Image Courtesy: L Knight Currency Auctions

P.22s 1 Balboa 1941	Back
P.23s 5 Balboas 1941	Back
P.24s 10 Balboas 1941	Back
P.25s 20 Balboas 1941	Back
The above SPECIMEN set sold on eBay on 4.10.2006 for $8,500 USD

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