Canal Zone 1904 2c rose variety (#1 variety), Both PANAMA's 15mm Long & Displaced Overprint with both PANAMA's at left. Unused, F-VF+. Striking dual variety! Only 260 of the 15mm varieties issued & probably only 5 or 10 of those have the displaced overprint. A truly Scarce & Attractive item! Philatelic Foundation certificate for strip of 4.

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