PANAMA 1940 CANCELLATION

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Cover franked with 1924 5c blue, 1939 1c blue green and pair 2c rose red plus 1939 1c orange TAX stamp (SG 201, 358/359 & 355) tied by fine strikes of ADMON SUB DE CORREOS EL VOLCAN cds's in purple. Addressed to SWITZERLAND with transit cds on reverse.