Ditunjukkan sekarang: Panama - Setem-setem bayaran pos (1940 - 1949) - 110 Setem-setem.
15. April WM: Tiada Perforasi: 12½
![[Airmail - The 50th Anniversary of Pan-American Union, jenis EE]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EE-s.jpg)
12. August WM: Tiada Perforasi: 12½
![[Airmail - Issues of 1939 and 1940 Overprinted and Surcharged, jenis EA1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EA1-s.jpg)
![[Airmail - Issues of 1939 and 1940 Overprinted and Surcharged, jenis EB1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EB1-s.jpg)
![[Airmail - Issues of 1939 and 1940 Overprinted and Surcharged, jenis DT1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/DT1-s.jpg)
![[Airmail - Issues of 1939 and 1940 Overprinted and Surcharged, jenis EE1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EE1-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 359 | EA1 | 5/15C | ultramarin | Airmail - Issue of 1939 Overprinted "5-5" and Surcharged | - | 0.29 | 0.29 | - | USD |
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| 360 | EB1 | 7/20C | mawar | Airmail - Issue of 1939 Overprinted "AEREO SIETE" and Surcharged | - | 0.59 | 0.29 | - | USD |
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| 361 | DT1 | 7/15C | ultramarin | Airmail - Issue of 1939 Overprinted "SIETE" and Surcharged | - | 0.59 | 0.29 | - | USD |
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| 362 | EE1 | 8/15C | biru | Airmail - Issue of 1940 Overprinted "8-8" and Surcharged | - | 0.59 | 0.29 | - | USD |
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| 359‑362 | - | 2.06 | 1.16 | - | USD |
2. January WM: Tiada Perforasi: 12
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR13]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR13-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR14]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR14-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR15]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR15-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR16]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR16-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR17]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR17-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR18]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR18-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR19]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR19-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 363 | BR13 | ½C | oren | - | 0.29 | 0.29 | - | USD |
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| 364 | BR14 | 1C | hijau | - | 0.29 | 0.29 | - | USD |
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| 365 | BR15 | 2C | merah tua | - | 0.29 | 0.29 | - | USD |
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| 366 | BR16 | 5C | biru gelap | - | 0.59 | 0.29 | - | USD |
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| 367 | BR17 | 10C | ungu | - | 0.88 | 0.88 | - | USD |
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| 368 | BR18 | 15C | ultramarin | - | 1.77 | 0.88 | - | USD |
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| 369 | BR19 | 50C | oren | - | 7.06 | 4.71 | - | USD |
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| 370 | BR20 | 1B | hitam | - | 17.66 | 9.42 | - | USD |
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| 363‑370 | - | 28.83 | 17.05 | - | USD |
2. January WM: Tiada Perforasi: 12-12½
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BX9]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BX9-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BR21]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR21-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BY6]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BY6-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BZ6]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BZ6-s.jpg)
![[Enactment of New Constitution - Overprinted "CONSTITUCION 1941", jenis BZ7]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BZ7-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 371 | BX9 | 7/10C | oren | Airmail - Overprinted "CONSTITUCION 1941 AEREO" and Surcharged Value in Figures | - | 0.88 | 0.88 | - | USD |
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| 372 | BR21 | 15/24C | coklat muda | Airmail - Overprinted "CONSTITUCION 1941 AEREO" and Surcharged Value in Figures | - | 2.35 | 2.35 | - | USD |
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| 373 | BY6 | 20C | merah tua | Airmail - Overprinted "CONSTITUCION 1941" | - | 1.77 | 1.77 | - | USD |
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| 374 | BZ6 | 50C | merah | Airmail - Overprinted "CONSTITUCION 1941" | - | 5.89 | 3.53 | - | USD |
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| 375 | BZ7 | 1B | hitam | Airmail - Overprinted "CONSTITUCION 1941" | - | 14.13 | 9.42 | - | USD |
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| 371‑375 | - | 25.02 | 17.95 | - | USD |
WM: Tiada Perforasi: 12
![[Airmail - Map of Panama, jenis BY7]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BY7-s.jpg)
![[Airmail - Map of Panama, jenis BY8]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BY8-s.jpg)
![[Airmail - Map of Panama, jenis BT13]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BT13-s.jpg)
![[Airmail - Map of Panama, jenis BT14]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BT14-s.jpg)
19. February WM: Tiada Perforasi: 12
![[Telegraph Stamps - Overprinted or Surcharged, jenis EG]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EG-s.jpg)
![[Telegraph Stamps - Overprinted or Surcharged, jenis XEH]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/XEH-s.jpg)
25. April WM: Tiada Perforasi: 12
![[The 1st Anniversary of Revised Frontier Agreement between Panama and Costa Rica, jenis XEG]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/XEG-s.jpg)
![[The 1st Anniversary of Revised Frontier Agreement between Panama and Costa Rica, jenis XEG1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/XEG1-s.jpg)
WM: Tiada Perforasi: 12
![[Issues of 1939 Overprinted "SEGURO POSTAL" and Surcharged, jenis ED1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ED1-s.jpg)
![[Issues of 1939 Overprinted "SEGURO POSTAL" and Surcharged, jenis DV1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/DV1-s.jpg)
![[Issues of 1939 Overprinted "SEGURO POSTAL" and Surcharged, jenis EC1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EC1-s.jpg)
4. June WM: Tiada Perforasi: 12
![[Local Motives, jenis EH]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EH-s.jpg)
![[Local Motives, jenis EH1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EH1-s.jpg)
![[Local Motives, jenis EI]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EI-s.jpg)
![[Local Motives, jenis EI1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EI1-s.jpg)
![[Local Motives, jenis EJ]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EJ-s.jpg)
![[Local Motives, jenis EJ1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EJ1-s.jpg)
![[Local Motives, jenis EK1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EK1-s.jpg)
![[Local Motives, jenis EL]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EL-s.jpg)
![[Local Motives, jenis EM]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EM-s.jpg)
![[Local Motives, jenis EM1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EM1-s.jpg)
![[Local Motives, jenis EN]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EN-s.jpg)
![[Local Motives, jenis EO]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EO-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 388 | EH | ½C | pelbagai warna | - | 0.29 | 0.29 | - | USD |
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| 389 | EH1 | ½C | pelbagai warna | - | 0.29 | 0.29 | - | USD |
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| 390 | EI | 1C | hijau | - | 0.29 | 0.29 | - | USD |
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| 391 | EI1 | 1C | merah tua | - | 0.29 | 0.29 | - | USD |
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| 392 | EJ | 2C | merah bata | - | 0.29 | 0.29 | - | USD |
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| 393 | EJ1 | 2C | merah/hitam | - | 0.29 | 0.29 | - | USD |
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| 394 | EK | 5C | biru/hitam | - | 0.29 | 0.29 | - | USD |
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| 395 | EK1 | 5C | biru muda | - | 0.29 | 0.29 | - | USD |
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| 396 | EL | 10C | merah/oren | - | 0.59 | 0.29 | - | USD |
|
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| 397 | EL1 | 10C | violet/oren | - | 1.18 | 0.29 | - | USD |
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| 398 | EM | 15C | biru muda/hitam | - | 0.88 | 0.59 | - | USD |
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| 399 | EM1 | 15C | hitam kekelabuan | - | 0.88 | 0.29 | - | USD |
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| 400 | EN | 50C | merah/hitam | - | 2.35 | 0.88 | - | USD |
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| 401 | EO | 1B | hitam | - | 3.53 | 0.88 | - | USD |
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| 388‑401 | - | 11.73 | 5.54 | - | USD |
4. June WM: Tiada Perforasi: 12
![[Airmail - Local Motives, jenis EP]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EP-s.jpg)
![[Airmail - Local Motives, jenis EP1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EP1-s.jpg)
![[Airmail - Local Motives, jenis EQ]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EQ-s.jpg)
![[Airmail - Local Motives, jenis EQ1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EQ1-s.jpg)
![[Airmail - Local Motives, jenis ER]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ER-s.jpg)
![[Airmail - Local Motives, jenis ER1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ER1-s.jpg)
![[Airmail - Local Motives, jenis ES]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ES-s.jpg)
![[Airmail - Local Motives, jenis ES1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ES1-s.jpg)
![[Airmail - Local Motives, jenis ET]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ET-s.jpg)
![[Airmail - Local Motives, jenis ET1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ET1-s.jpg)
![[Airmail - Local Motives, jenis ET2]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/ET2-s.jpg)
![[Airmail - Local Motives, jenis EU]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/EU-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 402 | EP | 2C | merah | Xiphius gladius | - | 0.88 | 0.29 | - | USD |
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| 403 | EP1 | 7C | merah | - | 0.88 | 0.29 | - | USD |
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| 404 | EQ | 8C | coklat zaitun /hitam | - | 0.29 | 0.29 | - | USD |
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| 405 | EQ1 | 10C | biru/hitam | - | 0.29 | 0.29 | - | USD |
|
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| 406 | ER | 15C | violet | - | 0.29 | 0.29 | - | USD |
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| 407 | ER1 | 15C | zaitun kekelabuan | - | 0.29 | 0.29 | - | USD |
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| 408 | ES | 20C | coklat kemerahan | - | 0.59 | 0.29 | - | USD |
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| 409 | ES1 | 20C | hijau | - | 0.29 | 0.29 | - | USD |
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| 410 | ET | 50C | hijau zaitun | - | 0.88 | 0.29 | - | USD |
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| 411 | ET1 | 50C | mawar | - | 7.06 | 3.53 | - | USD |
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| 412 | ET2 | 50C | biru | - | 3.53 | 0.88 | - | USD |
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| 413 | EU | 1B | oren kekuningan | - | 2.94 | 0.88 | - | USD |
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| 402‑413 | - | 18.21 | 7.90 | - | USD |
