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PANAMA - CANAL ZONE - 1909 - OVERPRINTS ON PANAMA: 5c black & steel blue 'Arosmena' issue of Panama with 'CANAL ZONE' overprint TYPE 3, a fine used copy with PEDRO MIGUEL cds and type 1 for comparison. Rare stamp. (SG 46) (PAN/6673)

PANAMA - CANAL ZONE 1909 OVERPRINTS ON PANAMA

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5c black & steel blue 'Arosmena' issue of Panama with 'CANAL ZONE' overprint TYPE 3, a fine used copy with PEDRO MIGUEL cds and type 1 for comparison. Rare stamp. (SG 46)