Peru 1938 Stamp Overprinted 1948

Peru · 1948 · 70c.

A Peruvian stamp featuring a portrait of a man in profile, originally denominated 55c. It has been overprinted vertically in red with 'HABILITADA' and a new denomination of 70c.

This stamp is an overprint from 1948, indicating a revaluation or change in postal rates in Peru. Overprints like 'Habilitada' were used to validate existing stamp stock with new denominations due to economic adjustments.