This is the first real set of stamps Republicans (ie issued after the end of the monarchy), and could be defined, simultaneously, both celebrative, that commemorative.
Celebrative because it was issued in the same year in which the event occurred, just to remember the proclamation of the republic.
Commemorative because, in the realization of the stamps, were chosen subjects related to the most famous maritime republics of Italian history.
The stamps were issued October 31, 1946 and remained in progress up to December 31, 1947.
They have thus remained in progress for a 427-day period, in which, due to a very high rate of inflation, there were two tariff changes for the inside and one for the foreigner.
Italy - info
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