Ghana 1989 Revalued 1 Cedi on 20 Pesewa Hare Stamp on Cover

Ghana · 1989 · 1 Cedi on 20 Pesewas

This stamp features a revaluation of a definitive issue depicting a hare (Lepus capensis). The original 20 Pesewa stamp from 1988 was overprinted with a new value of 1 Cedi in 1989. The listing highlights a cover sent to India bearing three of these stamps, including thick and thin overprint varieties.

In the late 1980s, Ghana faced high inflation, necessitating the frequent revaluation of existing postage stamp stocks with surcharges to meet new postal rates. This overprinting was a common and economical practice for postal administrations during periods of economic change.