Panama

 Under construction 

Panama is the southernmost country in Central America, bordered by Costa Rica and Colombia.

Colombian department
Panama was originally a part of Colombia.  File:Panama 10c map A.jpg|1878 10c map File:Colombia Panama map.jpg|1892 10c map 
 * In 1878-88, stamps inscribed COLOMBIA and showing a map of the department of Panama were issued. All values except the 50c brown were in black on colored papers. In 1892, the 50c was issued on pelure paper. Reprints exist on slightly different colored papers.
 * In 1892-96, previous designs plus a 1 peso value were issued printed in single colors on white paper.
 * In 1894, several values from the previous issue were surcharged in new values and HABILITADO. / 1894. There are many minor and major surcharge errors.

Independent state
The province/department of Panama declared independence from Colombia in November 1903. Both handstamped and printed overprints of 190304 have been forged, including any errors. (to be contiued)  File:Panama r de Panama 2c forged.jpg|forgery, and a bad one at that File:Panama bar on map 20c.jpg|1904 20c overprint File:Panama bar 50c .jpg|1904 50c - genuine? File:Panama bar italic ovpt.jpg|1903-04 1c italic overprint File:Panama 2c Cordoba.jpg|1906 2c Cordoba 
 * In November 1903, a small handstamp overprints reading REPUBLICA DE / PANAMA were made in various colors.





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