The stamp you have was printed on August 14, 1950. The paper has a multiple Crown and C of A watermark sideways, it is the standard watermark for this issue. 14,640,000 of the thick (regular) stamps were printed. Your stamp is thin paper (0.075mm) opposed to 0.11mm for the regular paper, it is scarce and is valued in used condition at around $50.The Brusden White (ACSC) catalogue number is 259Aa. There are two shades to this stamp, Indigo and Deep Slate, you have the Indigo shade.
Left stamp is thick paper. Right stamp is thin paper.
