As far as I can tell this is the last 1/4 Balboa from Panama. Only four years were minted in the series from 1996-2008.
There also several commemorative coins for 2008 but those seem to be more difficult to find.
Here's the stats...
Type/Country: 1/4 Balboa / Panama
Metal: Copper-Nickel Clad Copper
Value: $0.25 in Very-Fine
Do you have a
Panamanian coin and want to know its value? Leave a comment/question and
I will do my best to find out the price and history for you.