Panama, Republic. A Medal For The Fiftieth Anniversary Of Republic Of Panama 1903-1953

(Medalla por el Cincuentenario de la Fundación de la Republica de Panama). Instituted in 1953. In bronze gilt, obverse bearing four portraits, each within a circular frame, clockwise from the top: F. Boyd, T. Arias, M. Espinosa and J.A. Arango, with the dates "1903" and "1953" above, inscribed "CINQUENTENARIO DE LA FUNDACION / DE LA / REPUBLICA DE PANAMA" below, reverse with an allegorical scene, a central figure holding a fasces, the symbol of power, in her right hand and a laurel branch in her left hand, a winged figure above blowing a trumpet that she holds in her right hand, her left hand holding a wreath, with two children intertwined with a ribbon banner below the central figure, measuring 50.2 mm (w) x 59.7 mm (h) inclusive of its integral ring, scattered gilt wear, original its original full-length neck ribbon, near extremely fine.

Footnote: The Medal for the Fiftieth Anniversary of the Founding of the Republic of Panama was instituted in 1953, to commemorate the founding of the Republic of Panama fifty years earlier on November 3, 1903. The figures depicted were all active in the struggle for Panamanian independence and prominent in the government of its early years: Federico Augusto Boyd López (1851-1924), Manuel Espinosa Batista (1857-1919), José Agustín Arango Remon (1841–1909) and Tomás Arias (1856-1932)