Watch List notes:

(x) Estado Soberano De Panama, 3 Pesos, 10 March 1868, serial number 6577, black on cream and brown underprint, General Herrera at lower left and anchor lower right with allegorical lady holding staff & cap at upper centre, reverse plain with two elaborate ink signatures,(Pick S188), in PMG holder 55 EPQ About Uncirculated, rare in this grade. Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyerís Premium. For more information please view Terms and Conditions for Buyers.
(Estimate: $1200-1400)