The image is a collection of four postage stamps from the United States in 1932. The stamps are arranged in a grid-like pattern on a white background. 

The first stamp on the top left is a purple postage stamp with the words "Bonds" written on it. The second stamp is a 6c deep orange stamp with an image of a man's face on it, and the third stamp is an orange stamp. The fourth stamp is from the bottom left corner of the image, with the text "William Penn Issue" and "Daniel Webster Issue" written above it.

Below the first stamp, there is a text that reads "Coil Stamps Perforated 10 Vertically" and below it, there are two smaller stamps - one is a black and white image of William Penn Issue and the other is a George Washington issue. The text below the stamps reads "1932-33" and the text below it reads "George Washington Issue".