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common1900-1945

Panama Canal Zone, 1928, 1c Balboa, Overprinted 'CANAL ZONE'

Panama Canal Zone · 1928 · 1c

This definitive stamp features a portrait of Vasco Núñez de Balboa, the Spanish explorer credited as the first European to reach the Pacific Ocean from the New World. The original Panamanian stamp (Scott 239) is overprinted in black with 'CANAL ZONE' in two lines.

Issued for use in the Panama Canal Zone, this stamp is part of a series of overprinted Panamanian definitives used following the transfer of postal administration.

Printing Method

Engraved

Catalog Numbers

scott105

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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.