1949 East China Liberated Area 50 Yuan Overprint Postage Stamp

This is a significant philatelic specimen representing the transitional period of Chinese history, featuring a 50 Yuan black overprint on an orange-colored primary design. The stamp depicts the Liuhe Pagoda, an architectural landmark, oriented vertically within an arched frame. The base stamp is printed in a light orange/vermilion ink on off-white, slightly fibrous paper. The black overprint includes Chinese characters '伍拾圓' (50 Yuan) on the left and '中国人民邮政' (Chinese People's Post) on the right, flanking a central '50' numeric denomination within a decorative cartouche and two five-pointed stars at the bottom corners. Physically, the stamp exhibits rough, uneven perforations characteristic of mid-20th-century regional production in East China during the liberation period (circa late 1940s). The piece appears to be in unused, mint condition, though the centering is slightly shifted to the right. There is no visible cancelation mark. The craftsmanship reflects the utilitarian nature of wartime and revolutionary postal issues, where overprinting existing stock was a common practice. The paper shows natural age-related toning/patina but remains intact without significant tears or thinning. Such overprints were used primarily in the East China region before the full standardization of the People's Republic of China postal system.