Canal Zone, Balance lot. Nine items, #12 large M in PANAMA variety, 14(2) one with Canal Zone omitted, 62(2) one with small red overprint, other with small black overprint, 106a booklet pane of six, O3Xa, CO1 postally used, and J12 with s.e., most with slightly tropical gum, only used as noted, fine lot, interesting. Scott No. 12//J12 $232. $0