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People began to use postage stamps instead, encasing them in metal for better protection. The U.S. government decided to substitute paper currency of denominations under a dollar for coins in order to solve the problem. The denominations issued were 3¢, 5¢, 10¢, 15¢, 25¢ and 50¢. There were five issues of fractional currency.
As a result, of the most expensive stamps, especially the dollar values, only a small number were sold. Unsold stamps were destroyed after the Columbian Issue was removed from sale on April 12, 1894. In all, the American Banknote Company printed more than 2 billion Columbian stamps with a total face value exceeding $40 million.
This was a series of 18 stamps available at U.S. post offices from 1945 to 1951. They were used for sending small amounts of money. Printed in grey and black with a simple uniform design, they ranged in value from 1 to 90 cents. Their Scott catalogue designations are PN 1 to 18. [9] In used condition collectors can purchase all of them at very ...
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.
Some varieties even had a perforated stamp-like edge. While not considered a legal tender, postage currency could be exchanged for United States Notes in $5 lots [19] and were receivable in payment of all dues to the United States, up to $5. [nb 2] Subsequent issues would no longer include images of stamps and were referred to as Fractional ...
In clear contrast, the Americana series strictly followed a uniform plan that dictated the appearance both of individual stamps and of stamps grouped together in blocks of four. Each denomination is framed on two adjacent sides by text (generally relating to American history or freedoms) which curves around one corner of the stamp.
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It is one stamp from the Americana series that were produced between 1975 and 1981. The $1 colonial rushlight holder stamp was first issued on July 2, 1979, and one pane of 100 stamps was issued with the dark brown (the last color printed, though it covers much of the stamp) inverted. The lamp candle holder, candle outline and text are inverted ...
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