I am simply amazed at some of the prices being asked for Panamanain stamps and covers. Don't get me wrong, there are some really nice items out there from Panama that are high-catalog items.
And then there are shenanigans such as this:
http://www.ebay.com/itm/Panama-C367...em53ed0230e5
Advertised as an imperf stamp for around $15 Buy It Now.
Yes, the stamp is most certainly imperf, but it is no rarity. It is imperf because it was cut from a minisheet that was issued imperforate. So what you have is not a rarity, but a chunk from a hacked up minisheet.
Here is another one. Different stamp and different seller.
http://www.ebay.com/itm/Panama-454E...em45fafbee92There also seems to be a glut of specimens and proofs on the market. All very highly priced.
Don't get me wrong, there are still some nice deals to be had.
This just isn't one of them:
http://www.ebay.com/itm/PANAMA-1961...em53ed4a167f