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common1900-1945

Panama 1c Balboa, First Definitive Issue

Panama · 1906 · 1c (centésimo)

This definitive stamp features a portrait of Vasco Núñez de Balboa, the Spanish explorer and conquistador. He is best known for crossing the Isthmus of Panama to the Pacific Ocean in 1513, becoming the first European to lead an expedition to have seen or reached the Pacific from the New World. The design is framed by ornate scrollwork, typical of the era's security printing.

Issued shortly after Panama's independence from Colombia in 1903, this series helped establish the new republic's national identity and postal system. The choice of Balboa, a key figure in the isthmus's history, was a significant national symbol.

Printing Method

Engraved

Catalog Numbers

scott185

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Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$5
Extremely Fine(XF)

Well centered, fresh colors

$3
Very Fine(VF)

Nicely centered, minor flaws

$1
Fine(F)

Average centering, acceptable

$0.5
Good(G)

Off-center or visible wear

$0.25

Prices are approximate market estimates for educational purposes. Actual values depend on specific factors including cancel type, margins, and provenance.