Τώρα εμφανίζεται Μάλτα - Γραμματόσημα (1920 - 1929) - 8 Γραμματόσημα.
1921 -1922
King George V - Different Watermark
WM: 4 Το μέγεθος του φύλλου: 240 (¼d-6d) or 60 (2s-10s) Σχέδιο: Sir Bertram MacKennal et Gustave Doré (St-Paul) Σκάλισμα: Aucun Διάτρηση: 14
![[King George V - Different Watermark, τύπος M8]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/M8-s.jpg)
![[King George V - Different Watermark, τύπος M9]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/M9-s.jpg)
![[King George V - Different Watermark, τύπος M10]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/M10-s.jpg)
![[King George V - Different Watermark, τύπος Q]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/Q-s.jpg)
![[King George V - Different Watermark, τύπος M11]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/M11-s.jpg)
![[King George V - Different Watermark, τύπος M12]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/M12-s.jpg)
![[King George V - Different Watermark, τύπος N2]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/N2-s.jpg)
![[King George V - Different Watermark, τύπος O1]](https://www.stampworld.com/media/catalogue/Malta/Postage-stamps/O1-s.jpg)
| Νούμερο | Τύπος | D | Χρώμα | Περιγραφή |
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| 56 | M8 | ¼P | ΚΑΦΕ | - | 0,52 | 31,38 | - | USD |
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| 57 | M9 | ½P | ΠΡΑΣΙΝΟ | - | 1,57 | 20,92 | - | USD |
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| 58 | M10 | 1P | ΚΟΚΚΙΝΟ | - | 0,78 | 1,05 | - | USD |
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| 59 | Q | 2P | ΓΚΡΙ | - | 4,18 | 1,57 | - | USD |
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| 60 | M11 | 2½P | ΚΥΑΝΟ | - | 5,23 | 26,15 | - | USD |
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| 61 | M12 | 6P | ΜΩΒ/ΒΙΟΛΕΤΙ | - | 31,38 | 83,68 | - | USD |
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| 62 | N2 | 2Sh | ΜΩΒ ΜΠΛΕ/ΜΠΛΕ | - | 83,68 | 261 | - | USD |
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| 63 | O1 | 10Sh | ΜΑΥΡΟ | Saint Paul's Shipwreck | - | 418 | 627 | - | USD |
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| 56‑63 | - | 545 | 1 053 | - | USD |
