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PANAMA - 1904 - AR ISSUE: 5c blue MAP issue with 'Fourth Panama' overprint in dark carmine with wide bar (seventh printing), overprinted on the 1902 issue with additional 'A.R. in oval handstamp in rose. A fine mint copy. Scarce and unlisted in Heydon. (SG AR32 variety, Heydon #501 variety) (PAN/42016)

PANAMA 1904 AR ISSUE

£48.00

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5c blue MAP issue with 'Fourth Panama' overprint in dark carmine with wide bar (seventh printing), overprinted on the 1902 issue with additional 'A.R. in oval handstamp in rose. A fine mint copy. Scarce and unlisted in Heydon. (SG AR32 variety, Heydon #501 variety)