HYDERABAD STATE "VICTORY COMMEMORATION" stamp issued in 1945 or 1946 celebrated the Allied victory in World War II.
Face value was a 1 Anna revenue or postage stamp depicting a soldier returning home to a rural setting.
The text featured English ("VICTORY COMMEMORATION", "POST & RECEIPT") alongside Urdu script indicating it was for the Nizam of Hyderabad's government ("Sarkar-e-Aasifia").
It was issued by the Princely State of Hyderabad, which maintained its own postal system during the British Raj.

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