The Aegean Islands, or Dodecanese, are a group of islands just to the west of Turkey that were occupied by Italy during the Italo-Turkish War in 1912 until the end of World War II. Although the name means “twelve islands”, there were actually fourteen in the Italian occupation including Rhodes and Castelrosso. Overprinted Italian stamps were used for all of the islands with two stamps (including the one pictured today) released on 22 September 1912. Stamps for each of the individual islands were issued beginning on 1 December 1912. The last Italian stamps for the Dodecanese were released in 1940; following that, there were overprints reflecting German and British occupation before the islands were returned to Greek administration in March 1948. Greek stamps have been used there ever since.
Aegean Islands Scott #2 is an Italian stamp picturing King Victor Emmanuel III which was originally issued in 1909 as Italy’s Scott #105. The violet stamp is denominated 50 centessimi, perforated 14, and printed on paper with a watermark of a crown. The overprint reads EGEO reflecting the Italian name for the islands — Isole Italiane dell’Egeo (Italian Islands of the Aegean).