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Security Engravers Presentation - BEP Taxpaids and Special Tax Stamps
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<p>[QUOTE="gsalexan, post: 1049344, member: 24274"]Used versions of these stamps are often very rare, due to the fact that they received harsh treatment in being attached to casks and various products and summarily cancelled in ways that seriously reduce their visual appeal as you can see in the issued stamp below. Special Tax Stamps, because they were of no use at the end of the year, were just tossed out. Collectors of this little known field owe a huge debt to a pair of entreprenuers who salvaged a vast amount of remnant material destined to be destroyed.</p><p><br /></p><p>In 1890, Hiram Sterling and Edmund Deats, probably the two foremost U.S. revenue stamp collectors at the time, together purchased seven boxcars full of surplus paperwork from the U.S. Treasury. The 213 tons of material turned out to contain a massive assortment of revenue stamps, many unused. Eventually the Treasury Dept. realized its mistake, demanded the material be returned, and Deats and Sterling complied. Mostly...[/QUOTE]</p><p><br /></p>
[QUOTE="gsalexan, post: 1049344, member: 24274"]Used versions of these stamps are often very rare, due to the fact that they received harsh treatment in being attached to casks and various products and summarily cancelled in ways that seriously reduce their visual appeal as you can see in the issued stamp below. Special Tax Stamps, because they were of no use at the end of the year, were just tossed out. Collectors of this little known field owe a huge debt to a pair of entreprenuers who salvaged a vast amount of remnant material destined to be destroyed. In 1890, Hiram Sterling and Edmund Deats, probably the two foremost U.S. revenue stamp collectors at the time, together purchased seven boxcars full of surplus paperwork from the U.S. Treasury. The 213 tons of material turned out to contain a massive assortment of revenue stamps, many unused. Eventually the Treasury Dept. realized its mistake, demanded the material be returned, and Deats and Sterling complied. Mostly...[/QUOTE]
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Security Engravers Presentation - BEP Taxpaids and Special Tax Stamps
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