Panama 5 Centésimos de Balboa Stamp – Justo Arosemena Portrait – American Bank Note Co. – Used

A used stamp from the Republic of Panama featuring an engraved portrait of Justo Arosemena, a prominent Panamanian statesman and lawyer. The stamp is printed in blue and black, with ornate decorative borders and the inscription CORREOS REPÚBLICA DE PANAMÁ, 5 CINCO CENTÉSIMOS DE BALBOA. Printed by the American Bank Note Co., New York.

Denomination: 5 centésimos de Balboa. Country: Republic of Panama. Period: Early 20th century. Printer: American Bank Note Co. NY. Condition: Used, with a purple postmark visible at left. Perforations present on all sides. A classic engraved stamp from early Panamanian postal history, ideal for Latin American or portrait thematic collections.