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Most of the encased postage stamps were sold in denominations of 5 and 10 cents. However, Gault also produced his currency in all the other U. S. postal values then in production: 1, 3, 12, 24, 30, and 90 cents. A few 2 cent encased stamps were produced after the post office began issuing that denomination in 1863. [2]
The 5-cent stamp paid for a letter weighing less than 1/2 ounce and traveling up to 300 miles, the 10-cent stamp for deliveries to locations greater than 300 miles, or, twice the weight deliverable for the 5-cent stamp. Each stamp was hand engraved in what is believed to be steel, and laid out in sheets of 200 stamps.
Postage (or postal) currency was the first of five issues of US Post Office fractional paper money printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations and issued from August 21, 1862, through May 27, 1863. [16] Spinner proposed using postage stamps, affixed to Treasury paper, [17] with
1856 British Guiana One-Cent Magenta. $9.48 million. Known to philatelists as the "Mona Lisa of stamps," the British Guiana One-Cent Magenta is the world's most famous rare stamp.
However, you shouldn't throw your old stamps away just yet -- they may be worth a lot of money. You may not be aware, but stamp collecting is an extremely popular hobby, and some collectors are ...
In 1855 the postal rate for mail bound for destinations over 3,000 miles was increased from 6 cents to 10 cents, a change that prompted the issue of the 1855 10-cent Washington stamp. This 10-cent green issue was printed by Toppan, Carpenter, Casilear & Co. who reused the engraving of Washington (the vignette) of the 12-cent Washington 1851 ...