Now showing: Panama - Postage stamps (1920 - 1929) - 10 stamps.
1924
Coat of Arms
1. May WM: None Perforation: 12
![[Coat of Arms, type BR]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR-s.jpg)
![[Coat of Arms, type BR1]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR1-s.jpg)
![[Coat of Arms, type BR2]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR2-s.jpg)
![[Coat of Arms, type BR3]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR3-s.jpg)
![[Coat of Arms, type BR4]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR4-s.jpg)
![[Coat of Arms, type BR5]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR5-s.jpg)
![[Coat of Arms, type BR6]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR6-s.jpg)
![[Coat of Arms, type BR7]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR7-s.jpg)
![[Coat of Arms, type BR8]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR8-s.jpg)
![[Coat of Arms, type BR9]](https://www.stampworld.com/media/catalogue/Panama/Postage-stamps/BR9-s.jpg)
| No. | Type | D | Color | Description |
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| 194 | BR | ½C | orange | - | 0.26 | 0.26 | - | USD |
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| 195 | BR1 | 1C | green | - | 0.26 | 0.26 | - | USD |
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| 196 | BR2 | 2C | carmine | - | 0.26 | 0.26 | - | USD |
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| 197 | BR3 | 5C | dark blue | - | 0.52 | 0.26 | - | USD |
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| 198 | BR4 | 10C | purple | - | 0.52 | 0.26 | - | USD |
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| 199 | BR5 | 12C | greenish olive | - | 0.78 | 0.52 | - | USD |
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| 200 | BR6 | 15C | ultramarine | - | 0.78 | 0.52 | - | USD |
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| 201 | BR7 | 24C | light brown | - | 1.56 | 0.52 | - | USD |
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| 202 | BR8 | 50C | orange | - | 5.21 | 1.04 | - | USD |
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| 203 | BR9 | 1B | black | - | 8.33 | 2.60 | - | USD |
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| 194‑203 | - | 18.48 | 6.50 | - | USD |
