PANAMA 1945 POSTAL STATIONERY & CANCELLATION

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1c greyish green on yellow 'Arms' postal stationery card (H&G 14) used with added 2 x 1942 2c scarlet and 1945 1c orange TAX issue (SG 407 & 441) tied by multiple strikes of EL VOLCAN cds dated NOV 25 1945. Addressed to SWITZERLAND.