Panama, Republic. An Order Of Vasco Nuñez De Balboa, Grand Cross Star, C.1925 GTRexclude The letter carries his signature

The letter carries his signature in blue ink

upper left star point and ball finial bent back slightly

- - Iron Cross

23 mm (w) x 54

Panama, Republic. An Order Of Vasco Nuñez De Balboa, Grand Cross Star, C.1925 GTRexclude The letter carries his signature(Orden de Vasco Nuez de Balboa). Instituted 1937. 1937 Present Issue. A fine eight armed star in silver, composed of multiple rays, obverse centrepiece in bronze gilt consisting of an enamelled white four armed cross, surrounded by a detailed laurel wreath in green enamels, centre depicting a superposed bronze gilded bust of Vasco Nuez de Balboa surrounded by the inscription ORDER OF VASCO NUEZ DE BALBOA on a white enamelled background, the reverse