July 4, 1947
First Anniversary of the Republic - Roxas Oathtaking
16-Centavos Purple

Typographed by the Philippine Bureau of Printing, Manila
Printed in Sheets of 25 Subjects (5 x 5)
No Plate Number
Printed on Unwatermarked Paper
Perforation: 12
Quantity: 200,000

Malformed 'V' in 'CENTAVOS'
Constant Variety (Stamp Position 6)

514a

Malformed 'A' in 'CENTAVOS'
Constant Variety (Stamp Position 11)

514b

Malformed 'S' in 'CENTAVOS'
Constant Variety (Stamp Position 18)

514c

Malformed 'O' in 'ROXAS'
Constant Variety (Stamp Position 15)
Right Stamp Affected

514d