50 Centesimi with black typography overprint "Deutsche Besetzung in Zara", all four different propaganda fields. The overprint on Mi number 20. 4 comes from fields 13-14 and is on the left in Type IV and on the right in Type I with the overprint error V "open D at the bottom in Deutsche". The remaining values have overprint type I, mint never hinged original gum, flawless, signed E Ludin, expertise Robert Brunel VP (2025) "The condition is flawless", Michel 900.- +