While the 1-cent stamp of the Pan American Issue salutes America's technological advances in lake navigation, the Issue's 10-cent stamp heralds America's technological advances in ocean navigation. It bears an image of the steamship ‘St. Paul’, owned at the time by the International Navigation Company. Completed in 1895, the ship saw action with the U.S. Navy during the Spanish American War.
The yellow brown and black stamp was the first ten-cent denomination printed in more than one color. Another multicolored ten-cent stamp - the Pan American Gamers Issue - did not appear until 1959.
The 10-cent stamp of the Pan American Issue most often paid the domestic registered mail fee and the domestic first class rate or double the UPU rate. Patrons also used it with other denominations to fulfill large weight and destination rates. The Bureau of Engraving and Printing produced 5,043,700 of these stamps.