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Store credit is a special currency that can only be used to make purchases from a specific retailer. [1] [2] It is often used by retailers when customers return a product in lieu of a cash or credit card refund, or when merchandise cannot be exchanged. [3] [2] The store credit amount is usually equal to the item's last sale price. [2]
The Penny Lilac was the basic penny postage and revenue stamp of the United Kingdom from its first issue on 12 July 1881 until 1901. [1] It superseded the short-lived Penny Venetian Red because the Customs and Inland Revenue Act 1881 necessitated new stamps that were valid for use as both postage and revenue stamps, and so the Penny Lilac was issued in that year, inscribed "POSTAGE AND INLAND ...
The Penny Lilac of 1881, the UK's first dual-purpose stamp. In 1881, the Customs and Inland Revenue Act was passed in the United Kingdom, and it stated that "stamp duties of one penny may be denoted by postage stamps, and vice versa." [4] This led to dual-purpose stamps being issued, starting with the Penny Lilac of 1881 and the Lilac and Green ...
The Penny Venetian Red was a British postage stamp equal to the value of one penny. Issued in 1880, [ 1 ] it was designed and surface-printed by security printing company De La Rue . [ 2 ] It superseded the Penny Red , which had been used in Great Britain since 1841, and was the third one-penny stamp to enter regular usage in the country.
None were struck for circulation in 1877 and 1878, though some proof coins were minted for sale to the public. [1] Although more than a million were minted in 1881, [1] another blow to the three-cent piece occurred on October 1, 1883, when first-class mail rates were lowered from three to two cents for the first 0.5 ounces (14 g). Although the ...
However, the passage of the Customs and Inland Revenue Act 1881 necessitated new stamps valid also as revenue stamps, and so the Penny Lilac was issued in that year, inscribed "POSTAGE AND INLAND REVENUE". This stamp remained the standard letter stamp for the remainder of Victoria's reign, and vast quantities were printed.
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Specimen stamps have been in use since the earliest issues and in 1840 examples of the Penny Black, Two penny blue and the Mulready Letter Sheet were sent to all British postmasters. [4] These stamps were not marked in any way, but when the first British one shilling stamp was produced in 1847, examples sent to postmasters were marked with the ...