I had been looking for this "rare" 1950 stamp to add to my collection. It, recently, came up at an auction that had to be postponed. This gave me an opportunity to, succesfully, bid for it.

The stamp on the left is Edifil 1048, printed in chestnut lilac issued in 1949. The stamp on the right is Edifil 1048A, a special printing in dark lilac and issued in 1950 as part of the Spanish stamp centenary set that had a face value of 74.75 pesetas. The set with Edifil 1048A, subsequently, was sold at the "round" face value of 75 pesetas.
Note that the "rare" 1048A is not discernable by having a more reddish appearance. That is the chestnut lilac. It has a less reddish appearance.
The Edifil (2023) listing:
