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The first of August also saw the issuance of the first Vatican stamps (Italian stamps were used previously), in the "Conciliation" definitive series of 15 values. The low values, 5 to 75 centesmi, depicted the heraldic arms, while the higher values (80 centesmi to 10 lira) featured a full-face portrait of the reigning Pope Pius XI.
While Vatican stamps may only be used within the Vatican City State and the quantity of euro coins is limited by treaty with Italy (the total value of all coins minted in 2002 was restricted to €310,400), [2] Vatican coins and stamps serve as an important sign of Vatican sovereignty, and their scarcity and design makes them popular with ...
This is a list of the highest known prices paid for philatelic items, including stamps and covers. The current record price for a single stamp is US$9,480,000 paid for the British Guiana 1c magenta. [1] [2] This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023.
A souvenir shop on the roof of St. Peter's Basilica An ATM in Vatican City with Latin instructions. The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016. [1]
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The Central Office of the Vatican Post after the Gate of St. Anna. The use of stamps was introduced in the Vatican in 1852. [1] Poste Vaticane was created in 1929 following the Lateran Treaty. [1] It started operations on 1 August 1929 [2] (or February 1929). Its yellow mail boxes became iconic in the landscape of the papal city. [1]
The star of the collection is a "Z Grill" stamp from 1868 that has a face value of one cent and is expected to fetch $4 million-$5 million, which also would also mark a new record for a U.S. stamp.
The Vatican City State issued its first stamps in 1929, the same year that it was established under the Lateran Treaties. It released its first joint issue in 1969. [ 8 ] Joint issues of stamps by the Vatican and other countries were uncommon for most of the twentieth century.
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