Stamps of PANAMA
5c Reprint
The reprint of the 5 centavos exist in all of the colors of the originals (Blue Green, Gray Green and Yellow Green ).  These stamps were printed in sheets of 50 stamps 5 rows of 10 columns, just like the originals.

These reprints were never used for postage.

These were printed as follow:
Sheet of 50 Types pattern
Only the last column was not in a regular pattern.
Type I
The last "A" of "PANAMA" has a curved on th left part of the A facing downwards.
Type II
There is spot touching the top of the condors left wing.
Type III
There is a colorless line between the "E" and "O" of "CORREOS" touching both letters.
WYSIWYG Web Builder
I
II
III
I
II
III
I
II
III
III
I
II
III
I
II
III
I
II
III
III
I
II
III
I
II
III
I
II
III
I
I
II
III
I
II
III
I
II
III
II
I
II
III
I
II
III
I
II
III
I
Back
Position 50
Position 40
Position 39
Position 39,  40, 49, 50
Type III and Type II Positions 39,  40
Type III and Type II Positions 39,  40
Type I