how to add on sale stamp image on a product

<?php $specialprice = Mage::getModel('catalog/product')->load($_product->getId())->getSpecialPrice();  
  if ($specialprice){?> <img src="<?php echo $this->getSkinUrl('images/onsale-img.png') ?>
width="68" height="68" class="onsaleicon" />  
            <?php } ?> 

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