Panama, Republic. An Order Of Vasco Nuñez De Balboa, Iv Class Commander Auction a Sweetheart Photograph (black and

a Sweetheart Photograph (black and white

variation 1 with a slightly concave reverse

Grand Cross: silver gilt and enamels

SPORRONG & Co SWEDEN" (C

measuring 23 mm (w) x 35 mm (h)

Panama, Republic. An Order Of Vasco Nuñez De Balboa, Iv Class Commander Auction a Sweetheart Photograph (black and(Orden de Vasco Nuez de Balboa). Instituted in 1941. Four piece construction, in bronze gilt with white, red and green enamels, unmarked, measuring 58 mm (w) x 61. 8 mm (h) inclusive of its laterally pierced ball suspension, chipping and loss evident in the green enamels on the wreath at the upper left, the remaining enamels intact, on its full length original neck ribbon, better than very fine. In its hardshelled case of issue, brown pebbled