1906 Italy 10 Centesimi King Victor Emmanuel III Overprinted Postage Stamp

This is a definitive postage stamp from the Kingdom of Italy, featuring the profile portrait of King Victor Emmanuel III. The stamp is printed in olive-green or dark grey-green ink on paper with visible perforations on all four sides. It features a central medallion of the monarch facing left, surrounded by an ornate rectangular frame with 'POSTE ITALIANE' arching above and 'CENTESIMI' at the base. Most notably, the stamp bears a black literal overprint that reads 'DIECI' (Ten) across the center, indicating a revaluation of the original face value. The stamp shows evidence of being used, with a partial black circular date stamp (CDS) visible on the left side and bottom edge. The perforations appear relatively intact, though slightly irregular on the bottom right corner, suggesting common age-related wear. The paper exhibits mild toning or yellowing consistent with an artifact from the early 20th century. The engraving is sharp, showcasing the fine craftsmanship characteristic of state-run postal printing during this period. The overprint is clean but slightly misaligned with the horizontal axis, which is typical for secondary printing processes of that era.