Lot
351 
Panama, 1903-04, Registration, 20c blue on blue with First Panama Overprint, rose overprint, blue "7765" handstamp, used with 20c violet vertical pair with First Panama Overprint, tied by blue black "Panama, 10 Nov 1903" duplex on cover to New York City, magenta New York (11.25) arrival backstamps; some edge tears, F.-V.F. and scarce, a very early use after Independence. Scott No. Panama F7 + 55 Estimate $300 - 400.
Realized: $1,250