Issued in 1946 to commemorate the Allied victory in World War II, this Australian 5½d “Peace” stamp features a powerful allegory of peace and reconstruction. At the center stands a radiant winged figure holding a scroll inscribed “PEACE,” symbolizing the triumph of harmony after years of conflict. Below, a mother cradling her child and a worker with a cogwheel represent the nation’s rebuilding and return to normal life. Designed by Frank Manley, the deep green engraving captures both serenity and strength in postwar Australia’s spirit.