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PANAMA - CANAL ZONE - 1922 - INDEPENDENCE ISSUE: Colour PPC 'The Ancient Stone Arch. Bridge at Old Panama' franked on message side with 1921 2c carmine 'Independence' issue of Panama with 'CANAL ZONE' overprint (SG 65) tied by BALBOA cds dated JUN 17 1922. Addressed to USA. (PAN/43133)

PANAMA - CANAL ZONE 1922 INDEPENDENCE ISSUE

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Colour PPC 'The Ancient Stone Arch. Bridge at Old Panama' franked on message side with 1921 2c carmine 'Independence' issue of Panama with 'CANAL ZONE' overprint (SG 65) tied by BALBOA cds dated JUN 17 1922. Addressed to USA.