Now showing: Panama - Postage stamps (1900 - 1909) - 26 stamps.
January WM: None Perforation: 12
![["PANAMA" Reeds Upwards Left and Downwards Right, type U9]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U9-s.jpg)
![["PANAMA" Reeds Upwards Left and Downwards Right, type U10]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U10-s.jpg)
![["PANAMA" Reeds Upwards Left and Downwards Right, type U12]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U12-s.jpg)
![["PANAMA" Reeds Upwards Left and Downwards Right, type U13]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U13-s.jpg)
![["PANAMA" Reeds Upwards Left and Downwards Right, type U14]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U14-s.jpg)
![["PANAMA" Reeds Upwards Left and Downwards Right, type U15]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U15-s.jpg)
| No. | Type | D | Color | Description |
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| 113 | U9 | 1C | green | - | 0.26 | 0.26 | - | USD |
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| 114 | U10 | 2C | rose | - | 0.26 | 0.26 | - | USD |
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| 115 | U11 | 5C | blue | - | 0.26 | 0.26 | - | USD |
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| 116 | U12 | 10C | orange | - | 0.26 | 0.26 | - | USD |
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| 117 | U13 | 20C | violet | - | 2.08 | 1.04 | - | USD |
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| 118 | U14 | 50C | brown | - | 2.08 | 1.56 | - | USD |
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| 119 | U15 | 1P | brownish carmine | - | 6.25 | 6.25 | - | USD |
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| 113‑119 | - | 11.45 | 9.89 | - | USD |
January WM: None Perforation: 12
![["PANAMA" Reeds Upwards Left and Downwards Right, type U16]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U16-s.jpg)
February WM: None Perforation: 12
![["PANAMA" Reeds Upwards, type U19]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U19-s.jpg)
![["PANAMA" Reeds Upwards, type U21]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U21-s.jpg)
![["PANAMA" Reeds Upwards, type U23]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U23-s.jpg)
![["PANAMA" Reeds Upwards, type U24]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U24-s.jpg)
| No. | Type | D | Color | Description |
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| 122 | U18 | 1C | green | - | 1.56 | 1.56 | - | USD |
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| 123 | U19 | 2C | rose | - | 2.60 | 2.60 | - | USD |
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| 124 | U20 | 5C | blue | - | 3.13 | 3.13 | - | USD |
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| 125 | U21 | 10C | orange | - | 6.25 | 6.25 | - | USD |
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| 126 | U22 | 20C | violet | - | 6.25 | 6.25 | - | USD |
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| 127 | U23 | 50C | brown | - | 12.50 | 12.50 | - | USD |
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| 128 | U24 | 1P | brownish carmine | - | 15.63 | 15.63 | - | USD |
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| 122‑128 | - | 47.92 | 47.92 | - | USD |
February WM: None Perforation: 12
![["PANAMA" Reeds Downwards, type U25]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U25-s.jpg)
![["PANAMA" Reeds Downwards, type U26]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/U26-s.jpg)
| No. | Type | D | Color | Description |
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| 129 | U25 | 1C | green | - | 2.60 | 2.60 | - | USD |
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| 130 | U26 | 2C | rose | - | 2.60 | 2.60 | - | USD |
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| 131 | U27 | 5C | blue | - | 5.21 | 5.21 | - | USD |
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| 132 | U28 | 10C | orange | - | 5.21 | 5.21 | - | USD |
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| 133 | U29 | 20C | violet | - | 10.42 | 10.42 | - | USD |
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| 134 | U30 | 50C | brown | - | 10.42 | 10.42 | - | USD |
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| 135 | U31 | 1P | brownish carmine | - | 12.50 | 12.50 | - | USD |
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| 129‑135 | - | 48.96 | 48.96 | - | USD |
August WM: None Perforation: 12
![[Semi Postage Stamps, type V]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/V-s.jpg)
![[Semi Postage Stamps, type W]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/W-s.jpg)
![[Semi Postage Stamps, type X]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/X-s.jpg)
