#73 – 1863 2c Jackson, black

Condition
Price
Qty
- Mint Stamp(s)
Ships in 1 business day. i$280.00
$280.00
- Used Single Stamp(s)
Ships in 1 business day. i$57.50
$57.50
- Unused Stamp (small flaws)
Ships in 1 business day. i$160.00
$160.00
- Used Stamp (small flaws)
Ships in 1 business day. i$33.00FREE with 14,910 points!
$33.00
5 More - Click Here
Mounts - Click Here
Condition
Price
Qty
- MM638215x33mm 25 Horizontal Black Split-Back Mounts
Ships in 30 days. i
$7.75
$7.75
- MM216829x33mm 50 Vertical Black Split-Back Mounts
Ships in 1 business day. i
$3.50
$3.50
- MM420129x33mm 50 Vertical Clear Bottom-Weld Mounts
Ships in 1 business day. i
$3.50
$3.50
U.S. #73
Series of 1861-66 2¢ Jackson

Earliest Known Use: July 1, 1863
Quantity issued:
 256,566,000 (estimate)
Printed by: National Bank Note Company
Method: Flat plate
Watermark: None
Perforation: 12
Color: Black
 
In 1863, when Congress established a prepaid rate of two cents for drop letters, this stamp, picturing our 7th President, was put into use. Nicknamed “Black Jack,” this stamp is one of the most popular U.S. issues. The design is unusual in that a full face portrait takes up all but a small portion of the stamp. For this reason, collectors also refer to it as “Big Head.” Interestingly, the 1863 Confederate 2¢ stamp uses the same portrait, which is attributed to a painting by Miner Kilbourne Kellogg.
 
The Series of 1861-66
In 1861, the United States began printing paper notes to finance its Civil War operations. Since the back of the notes were printed in green, they were commonly referred to as “greenbacks.” At first, the notes were redeemable in coins, but as the war raged on, they became merely promises of the U.S. government to pay. Since the notes had no metal money behind them as security, people began to hoard their gold and silver coins.
 
By 1862, greenbacks were being used more frequently, as coins disappeared from circulation. Eventually, small change vanished completely, and greenbacks were the only currency being used. Since much of what people needed cost less than a dollar, they found themselves faced with an unusual dilemma: how to pay for things without using their precious coins. Soon people were buying a dollar’s worth of stamps and using them as change instead.
 
As stamps became an accepted form of currency, several new ideas developed. In 1862, John Gault patented the idea of encasing postage stamps in circular metal frames behind a transparent shield of mica. Stores and manufacturing companies such as Ayer’s Pills, Burnett’s Cooking Extracts, and Lord & Taylor began impressing their name and product on the back of the metal frame and began using them for advertising. Known as encased postage, this form of change was widely used during the war.
 
Another new development was the idea of postage currency, which was approved by Congress on July 17, 1862. As a substitute for small change, U.S. Treasurer Francis Spinner began affixing stamps, singly and in multiples, to Treasury Paper. Although this was not considered actual money, it made stamps negotiable as currency. Eventually, the Treasury began printing the stamp designs on the paper, rather than using the stamps themselves. Postage currency remained in use until 1876, when Congress authorized the minting of silver coins.
Read More - Click Here


  • Imperforate Stamp Club Introductory Offer - 2015 49c A Charlie Brown Christmas Join Mystic's Imperforate Stamp Club and Save 30%

    Collect some of the scarcest US stamps issued in the last decade.  From 2012 to 2016, the USPS issued extremely limited quantities of imperforate stamps (as few as 10,000 in some cases).  On sale for just four years, it can be difficult to find them anywhere today.

    $18.95
    BUY NOW
  • 450 Black Mounts, Split-back, containing one pack each of MM501 through MM509 450 Archival-Quality Mystic Mounts

    Mystic mounts are the best way to keep your stamps safe and looking great for years to come.  Stamps are held securely in place against a black background – making the colors "pop" and adding definition to perforations.  With this mount package you'll get 50 split-back mounts of each size collectors most commonly use.

    $29.50
    BUY NOW
  • US Stamp Starter Kit Give Your Grandchildren the Gift of Stamp Collecting

    This is a great album to start with because it pictures U.S. stamps that are easy to find and buy.  As a bonus, we’ll include 100 used U.S. stamps, 1,000 hinges for attaching stamps in their album, and Mystic’s Guide to Stamp Collecting – all for FREE.  It’s a terrific value.

    $14.95
    BUY NOW

U.S. #73
Series of 1861-66 2¢ Jackson

Earliest Known Use: July 1, 1863
Quantity issued:
 256,566,000 (estimate)
Printed by: National Bank Note Company
Method: Flat plate
Watermark: None
Perforation: 12
Color: Black
 
In 1863, when Congress established a prepaid rate of two cents for drop letters, this stamp, picturing our 7th President, was put into use. Nicknamed “Black Jack,” this stamp is one of the most popular U.S. issues. The design is unusual in that a full face portrait takes up all but a small portion of the stamp. For this reason, collectors also refer to it as “Big Head.” Interestingly, the 1863 Confederate 2¢ stamp uses the same portrait, which is attributed to a painting by Miner Kilbourne Kellogg.
 
The Series of 1861-66
In 1861, the United States began printing paper notes to finance its Civil War operations. Since the back of the notes were printed in green, they were commonly referred to as “greenbacks.” At first, the notes were redeemable in coins, but as the war raged on, they became merely promises of the U.S. government to pay. Since the notes had no metal money behind them as security, people began to hoard their gold and silver coins.
 
By 1862, greenbacks were being used more frequently, as coins disappeared from circulation. Eventually, small change vanished completely, and greenbacks were the only currency being used. Since much of what people needed cost less than a dollar, they found themselves faced with an unusual dilemma: how to pay for things without using their precious coins. Soon people were buying a dollar’s worth of stamps and using them as change instead.
 
As stamps became an accepted form of currency, several new ideas developed. In 1862, John Gault patented the idea of encasing postage stamps in circular metal frames behind a transparent shield of mica. Stores and manufacturing companies such as Ayer’s Pills, Burnett’s Cooking Extracts, and Lord & Taylor began impressing their name and product on the back of the metal frame and began using them for advertising. Known as encased postage, this form of change was widely used during the war.
 
Another new development was the idea of postage currency, which was approved by Congress on July 17, 1862. As a substitute for small change, U.S. Treasurer Francis Spinner began affixing stamps, singly and in multiples, to Treasury Paper. Although this was not considered actual money, it made stamps negotiable as currency. Eventually, the Treasury began printing the stamp designs on the paper, rather than using the stamps themselves. Postage currency remained in use until 1876, when Congress authorized the minting of silver coins.