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RedThe ink from the stamp doesn't look old. For it to be an understamp then the ink would have to be as old as the T206 and have properties consistent of ink from 1910. It doesn't look like it was printed on. The blotting on the right side looks like excess pressure from a stamp that was pressed down harder to also leave an impression in the recessed area where the paper was removed. The stamp is sharper there due to less pressure. The red ink is going to look it's floating on top of the stamp because the cardboard it's on top of is now stained a different color from the ink from the stamp. The watery stamp ink looks like it isn't the type that's going to adhere to the surface of the printed red ink. The stamp ink looks like it just flowed right through the red, got sucked up by the cardboard like a sponge, and turned the cardboard a different color. When the cardboard is stained a different color it's natural for the red ink to look like it's sitting on top of whatever color cardboard is under it. A T206 stained with something else will look the same way.