Stamps of PANAMA
1878 COAT OF ARMS FIRST ISSUE 10c
Dark Blue, Medium to thick paper. No dot or line under the `TA' of CENTAVOS except positions 42 and 50 that have it. You go by color or feeling, or plating. This printing can be plated.
A very interesting example of pin perforated 10c 1st printing; some believe a sewing machine was used in these type of perforations.
Clear Blue, Thin paper. Dot under `TA' of CENTAVOS, outside of border.
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Dark Blue, Thick paper. Strong line under `TA' of CENTAVOS and outside of borders.