Watch List notes:

Colombia, Estado Soberana de Panama 1870 P-S187r PMG Extremely Fine 40 2 Pesos (Remainder - Corner Cut Cancelled)For much of the 19th-century, Panama was a part of Gran Colombia, and later, a state within Colombia. This very rare note is a relic from that period of history, and it is one of only a few issues created for what is now Panama. This 2 Pesos is cut cancelled, but it is nevertheless an incredible and special offering. The first we have offered and one of only a small quantity known. PMG mentions "Spindle Holes".

PMG Population In 40: 3 (3 Finer)