These are the types of stamps I hunt for. Not high in value all the time. so even us with a limited budget can find them. A portrait of British royalty, whether the Queen or one of the former Kings aside a nice picture stamp.
Basutoland was a British Crown colony until 1966. It's a bit peculiar, in the sense that it is an Island in the nation of South Africa. It's only resource is water, which might not seem like much, but water can be very valuable when there is a lack of it surrounding you. These stamps are overprinted Lesotho because when they were issued, Britain had given Basutoland independence and it was renamed Lesotho. Lesotho issued an independence stamp with 2 portraits on it first, then issued a set of these overprinted stamps from what I'm guessing was an excess stock of these preexisting stamps, before continuing on issuing there own designs of stamps.
I wonder how it was, that Basutoland remained independant of South Africa? That's a bit too much delving into history for the time I have to devote to the thought.
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