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PANAMA - 1925 - REVENUE & PROOF: 1c green 'Timbre Nacional' REVENUE issue inscribed 'Ley 22' and dated '1925', a fine IMPERF PLATE PROOF block of four. Ex Waterlow Archive. (PAN/28786)

PANAMA 1925 REVENUE & PROOF

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1c green 'Timbre Nacional' REVENUE issue inscribed 'Ley 22' and dated '1925', a fine IMPERF PLATE PROOF block of four. Ex Waterlow Archive.