December 30, 1946
50th Anniversary of Jose Rizal's Martyrdom
2-Centavos Sepia

Overprinted by the Philippine Bureau of Printing, Manila
Base Stamp Engraved by US Bureau of Engraving and Printing, Washington DC
Printed in Sheets of 400, Separated into Four Post Office Panes of 100 Subjects (10 x 10)
Plate Numbers: 147687 and 147688
Printed on Unwatermarked Paper
Perforation: 11 x 10½
Quantity: 1,500,000

Shifted Overprint in Varying Degrees:
a) Overprint Shifted Right
b) Overprint Shifted Left
c) Overprint Shifted Downward
d) Overprint Shifted Downward and Right
e) Overprint Shifted Downward and Left
f) Overprint Shifted Upward
g) Overprint Shifted Upward and Right
h) Overprint Shifted Upward and Left
(Shifted Overprint, in Pair with Normal, Exists as a Constant Variety in Positions 78 and 100 in Each Pane)

503a - Shifted Right

503b - Shifted Left

503d - Shifted Downward and Right

503g - Shifted Upward and Right

503d
(From the Collection of Dr Ngo)

Partially Imperforate Along Top Margin
Exists on Position One in the Sheet
Known to exist with the odd blind perforation

503i

503e and 503i