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A 1915 stamp of Panama. Panama was formerly a department of Colombia and used overprints of Colombian stamps from 1878 until it gained independence in 1903. However, from 1903 to 1905 sets of stamps with overprints were still used and it was only in 1906 that the first printed stamps by the Panamanian postal administration were produced with República de Panamá.
To this end Panama used their regular 50¢ stamp from their current series of issues. The 8¢ surcharge was made in Panama on Colombian stamps already overprinted with a red colored bar and the word PANAMA and occurs in varying thickness and forms. [16] There are three varieties of the '8' in the surcharge. [17]
Uno y Cuarto Centesimos (1 + 1 ⁄ 4 ¢) (No longer used since 1970) Vasco Núñez de Balboa: Denomination Copper 95% Tin/Zinc 5% Smooth 1940 Dos y Medio Centesimos de Balboa (2 + 1 ⁄ 2 ¢) (No longer used since 1976) Vasco Núñez de Balboa: Panamanian Coat of Arms 1.25 g 90% Silver, 10% copper Smooth 1904 Denomination 18 mm 3.3 g Copper ...
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First flag of Panama Divided rectangle into four quadrants, with the top-left consisting of a blue background, the top-right consisting of a white background with a red five-point star, the bottom-left consisting of a white background with a blue five-point star, and the bottom-right consisting of a red background. (1903–1979)
"The end of the coat of arms also is divided in two quarters: the one of the right-hand side, in blue field, shows a cornucopia, emblem of the wealth; and the one of the left-hand side, in field of silver, the winged wheel, symbol of the progress. Behind the shield and covering it with his opened wings, is the eagle, emblem of the sovereignty ...
Centesimo (Italian: centesimo; pl.: centesimi; Spanish: centésimo; pl.: centésimos) is a currency unit equivalent to cent, derived from the Latin centesimus meaning "hundredth". In Italy it was the 1 ⁄ 100 division of the Italian lira .
In 1501, Rodrigo de Bastidas was the first European to explore the Isthmus of Panama sailing along the eastern coast. A year later Christopher Columbus on his fourth voyage, sailing south and eastward from upper Central America, explored Bocas del Toro, Veragua, the Chagres River and Portobelo (Beautiful Port) which he named.
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