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Panama 1915 2½c on 5c Vasco Núñez de Balboa Overprint
common1900-1945

Panama 1915 2½c on 5c Vasco Núñez de Balboa Overprint

Panama · 1915 · 2½c on 5c

This 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 in 1513. The original 5 centésimos stamp was overprinted with a new value of 2½ centésimos to meet updated postal rate requirements.

Issued in 1915, this overprint reflects a common practice of the era to adapt existing stamp stocks for new postal needs, often due to economic changes or rate adjustments.

Catalog Numbers

scott210

Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$2
Extremely Fine(XF)

Well centered, fresh colors

$1
Very Fine(VF)

Nicely centered, minor flaws

$0.5
Fine(F)

Average centering, acceptable

$0.25
Good(G)

Off-center or visible wear

$0.2

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