I would create a 2nd image, then insert to group. Then position it exactly where the 1st one is.
This 2nd one, as it is inserted after the 1st one, will cover over the 1st one. The 1st one is still there (in the group), just covered by this second one.
If your second image has some transparent areas, the 1st image will show through from under the 2nd one, just in those transparent spots; if that is what you are trying to do.
If you want the 1st image just to be in place under this 2nd image for some reason, and your 2nd image has transparent areas and you don’t want any of the 1st image to show, you should make the 1st image invisible, once you have inserted the 2nd image. So then you have both images in the group, in the same physical location.
I am guessing you are going to flip back and forth showing the images, or maybe you are going to slowly fade out the top image revealing the 1st again, or some other plan; but in any case you can just control the visibility of these 2 images set to true or false.
Hope I understood your question correctly and this is at least somewhat helpful.
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