| X | 1c | grn | map of Panama | |||
| X | 2c | red | map of Panama |
| - | 10c | multi | ||||
| - | 10c | multi | Airmail |
| - | 0.10b | multi | Airmail | — | — | |
| - | 0.21b | multi | Airmail | — | — | |
| - | 0.31b | multi | Airmail | — | — |
| - | 5c | multi | — | — |
| - | 7c | |||||
| - | 8c | |||||
| - | 15c | — | — | |||
| - | 20c | — | — | |||
| - | 50c | — | — | |||
| - | 1b | — | — |
| - | 5c | blk | The population modern building | |||
| - | 10c | brn |
| - | 5+5c | brnred | ||||
| - | 10c | brnred | w. star & RP multiple | |||
| - | 10+10c | orgyel | ||||
| - | 31+15c | bl |