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What is an overprint in stamp collecting?

overprint stamp
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What is an overprint in stamp collecting?

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Overprints are used for many purposes. They can be a precancel. They can change the value of a stamp if there is a shortage or rate change. They can be used to celebrate a special event. They are also used to validate the use of stamps from another country in the local country. The study of overprints adds a new dimension and understanding of history and time to philately.

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