This striking 5½d green stamp from Australia’s 1945 Peace Issue commemorates the Allied victory and the return to peacetime life after World War II. The design features a radiant winged figure of Peace holding a banner, flanked by allegorical figures representing family and industry—symbols of a nation rebuilding. Issued shortly after the war’s end, it stands as one of Australia’s most iconic post-war commemoratives. The crisp engraving and deep green tone make this a visually powerful and highly collectible classic.