This 1923 surcharged issue from French India belongs to the well-known "Brahma and Kali Temple" series originally introduced in 1914. The base design, typographically printed in grey and black, shows the deity Brahma seated with a swan, set within an ornate temple structure. In 1923, a new currency system was introduced, prompting the need for updated values. This stamp bears a red overprint “1 CASH” applied over the original 1 centime denomination, marking the conversion to the local currency: 1 rupee = 8 fanon, 1 fanon = 24 cash. The surcharge is sharply applied, with the original inscription "ÉTABLISSEMENTS FRANÇAIS DANS L’INDE" still clearly visible below. The stamp is perforated 13½ x 14, measures 24 x 40 mm, and is catalogued as Michel FR-IN 58, Scott FR-IN 54, Yvert 59, and Stanley Gibbons FR-IN 62. A fascinating transitional issue reflecting both colonial administration and monetary shifts.
Estimate "$20 – 30"