Panama
Now showing: Panama - Postage stamps (1878 - 2023) - 2 stamps.
1903 -1904
Overprinted "R de Panama." in Violet
10. November WM: None Perforation: 12
![[Overprinted "R de Panama." in Violet, type S]](https://swmedia-4cd6.kxcdn.com/media/catalogue/Panama/Postage-stamps/S-s.jpg)
![[Overprinted "R de Panama." in Violet, type S1]](https://swmedia-4cd6.kxcdn.com/media/catalogue/Panama/Postage-stamps/S1-s.jpg)
![[Overprinted "R de Panama." in Violet, type S2]](https://swmedia-4cd6.kxcdn.com/media/catalogue/Panama/Postage-stamps/S2-s.jpg)
![[Overprinted "R de Panama." in Violet, type S3]](https://swmedia-4cd6.kxcdn.com/media/catalogue/Panama/Postage-stamps/S3-s.jpg)
![[Overprinted "R de Panama." in Violet, type S5]](https://swmedia-4cd6.kxcdn.com/media/catalogue/Panama/Postage-stamps/S5-s.jpg)
| No. | Type | D | Color | Description |
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| 88 | S | 1C | green | No. 12 | - | 21.47 | 12.88 | - | USD |
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| 89 | S1 | 2C | rose | No. 13 | - | 21.47 | 12.88 | - | USD |
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| 90 | S2 | 5C | blue | No. 14 | - | 26.84 | 16.11 | - | USD |
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| 91 | S3 | 10C | orange | No. 15 | - | 16.11 | 8.59 | - | USD |
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| 92 | S4 | 20C | violet | No. 16 | - | 53.68 | 32.21 | - | USD |
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| 93 | S5 | 50C | brown | No. 17 | - | 107 | 64.42 | - | USD |
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| 94 | S6 | 1P | brownish carmine | No. 18 | - | 187 | 134 | - | USD |
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1903 -1904
Overprinted "R de Panama"
10. November WM: None Perforation: 12 or Imperforated
