#987 – 1950 3c American Bankers Association

U.S. #987
1950 3¢ American Bankers Association
 
Issue Date: January 3, 1950
City: Saratoga Springs, New York
Quantity: 130,960,000
Printed By: Bureau of Engraving and Printing
Printing Method: Rotary Press
Perforations:  11 x 10 ½
Color: Yellow green
 
U.S. #987 honors the American Bankers Association. Issued on the 75th anniversary of its founding, the stamp pictures a coin that surrounds scenes showing where banks give service, such as farms, railroads, and manufacturing. 
 
American Bankers Form National Organization
James Howenstein, a cashier at Valley National Bank, invited bankers to meet at the Barnum Hotel in New York City to plan a national association. In two months, 349 bankers from 31 states met in Saratoga Springs for the first meeting. Today, this organization is based in Washington, D.C. The ABA represents banks of all sizes in issues of national importance, and seeks to protect bank customers. Within a year, the Association had established its credibility, as it testified before Congress.
 
 
 
Read More - Click Here


  • Confederate Stamp Club Introductory Offer Join Mystic's Confederate Stamp Club and Save 30%

    Collect stamps over 155 years old issued by the short-lived Confederate States of America.  When the Union shut down the mail service to the South, the Confederate States had no choice but to print their own postage stamps.  The resulting stamps are full of interesting philatelic history!

    $13.95
    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. #987
1950 3¢ American Bankers Association
 
Issue Date: January 3, 1950
City: Saratoga Springs, New York
Quantity: 130,960,000
Printed By: Bureau of Engraving and Printing
Printing Method: Rotary Press
Perforations:  11 x 10 ½
Color: Yellow green
 
U.S. #987 honors the American Bankers Association. Issued on the 75th anniversary of its founding, the stamp pictures a coin that surrounds scenes showing where banks give service, such as farms, railroads, and manufacturing. 
 
American Bankers Form National Organization
James Howenstein, a cashier at Valley National Bank, invited bankers to meet at the Barnum Hotel in New York City to plan a national association. In two months, 349 bankers from 31 states met in Saratoga Springs for the first meeting. Today, this organization is based in Washington, D.C. The ABA represents banks of all sizes in issues of national importance, and seeks to protect bank customers. Within a year, the Association had established its credibility, as it testified before Congress.