
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.
Printing Method
Engraved
Catalog Numbers
Estimated Values by Condition
Perfectly centered, fresh, no faults
Well centered, fresh colors
Nicely centered, minor flaws
Average centering, acceptable
Off-center or visible wear
Prices are approximate market estimates for educational purposes. Actual values depend on specific factors including cancel type, margins, and provenance.



