Issued during Bavaria’s transition from monarchy to republic after World War I, this 3 Pfennig definitive features the portrait of King Ludwig III with the bold “Freistaat Bayern” overprint marking the new Free State government. Printed in a rich brown tone, the stamp reflects the historic political shift of 1919. The strong Gothic lettering and classic engraved portrait give it striking period character. Popular with German States collectors, overprint issues like this are valued for their short usage and historical context. A key transitional piece for any Bavaria or Germany pre-Weimar collection.