This stamp originates from the Philippine Islands under United States administration, featuring a portrait of Dr. José Rizal, the national hero of the Philippines. Issued during the transition period to the Philippine Commonwealth (1935–1946), it carries the bold black overprint “O.B.” (Official Business) and “COMMONWEALTH”, designating it for official government use.

The base design is the 2 centavos red issue, printed by the U.S. Bureau of Engraving and Printing, with the inscription “UNITED STATES OF AMERICA – PHILIPPINE ISLANDS.” These overprinted issues are highly sought after by collectors of both Philippine postal history and U.S. territories philately, as they reflect the unique political status of the islands before full independence in 1946.

Such official overprints add significant historical and philatelic value, representing the bureaucratic and political transition under U.S. sovereignty toward self-government.