#C70 – 1967 8c Alaska Purchase

Condition
Price
Qty
- Mint Stamp(s)
Ships in 1-2 business days.i$0.60FREE with 150 points!
$0.60
- Used Single Stamp(s)
Ships in 1-2 business days.i$0.30
$0.30
- Unused Stamp (small flaws)
Ships in 1-2 business days.i$0.40
$0.40
- Used Stamp (small flaws)
Ships in 1-2 business days.i$0.20
$0.20
4 More - Click Here
Mounts - Click Here
Condition
Price
Qty
- MM50230x45mm 50 Vertical Black Split-Back Mounts
Ships in 1-2 business days.i
$3.50
$3.50
- MM420330x45mm 50 Vertical Clear Bottom-Weld Mounts
Ships in 1-2 business days.i
$3.50
$3.50
 
U.S. #C70
1967 8¢ Tlingit Totem
Alaska Purchase Issue

Issue Date: March 30, 1967
City: Sitka, AK
Quantity: 55,710,000
Printed By: Bureau of Engraving and Printing
Printing Method: Giori press printing
Perforations:
11
Color: Brown
 
This stamp celebrates the 100th anniversary of the U.S. purchase of Alaska from Russia for $7,200,000.00. Then-Secretary of State William Henry Seward made the purchase and earned Alaska the title of “Seward’s Folly.”
 

U.S. Purchases Alaska

On March 30, 1867, US Secretary of State William Seward purchased Alaska from Russia in what many at the time called “Seward’s Folly.”

The Russians first explored Alaska in the 1600s and first settled there in 1784.  In 1824 and 1825, Russia signed treaties with the United States and Great Britain recognizing proper boundaries in America.  The treaties gave these nations trading rights along Alaska’s extensive coastline.

Russia attempted to build several industries in Alaska, including coal mining, shipbuilding, and whaling.  However, once the fur trade became less profitable, interest in the area declined.  Russia’s economy was then damaged by the costly Crimean War (1853-56).

After that war ended, Russia’s emperor Alexander II grew concerned that if war broke out with England, Alaska might be a major target that could be easily taken.  He then decided it best to sell the land.  As early as 1857, the Russians attempted to sell Alaska to America.  They also approached England with offers, possibly hoping to start a bidding war between the two nations, but the British weren’t interested in Alaska.

 

 

 

 

In 1859 and 1860, Russian and American officials met informally to discuss a possible sale.  President James Buchanan was interested and his men offered $5 million.  But the Russians didn’t think that was enough, so talks continued.  However, as America steamed toward the Civil War, the talks were stalled for several years.

After the war ended in 1865, US Secretary of State William Seward strongly supported expanding America’s territorial holdings and focused on Alaska.  In March 1867, the Russian minister began negotiations with Seward.  At the time, the American government was busy with Reconstruction and believed that such a purchase could draw public attention away from the domestic issues of the day.  On the evening of March 29, Seward began an all-night negotiation session that concluded at 4:00 the next morning with the signing of the treaty.

Seward agreed to buy Alaska for $7,200,000 – a cost of about 2¢ per acre. While the terms “Seward’s Folly” and “Seward’s Icebox” were used to describe the deal, not all public opinion was against the purchase.  Many believed that Alaska would ultimately prove economically beneficial.  Additionally, the deal would improve relations with Russia and possibly lead to the acquisition of British Columbia.

The Senate approved the purchase days later, on April 9.  However, the House of Representatives opposed the deal and didn’t approve the funds for the purchase for over a year.  In the meantime, on October 18, 1867, US troops raised the American flag at Sitka, formally taking possession of the new territory.  It would be over 90 years before Alaska was admitted as America’s 49th state.

Click here to view the check used to purchase Alaska.

Read More - Click Here


  • 2020 First-Class Forever Stamps - Bugs Bunny 2020 First-Class Forever Stamps - Bugs Bunny

    In 2020, the United States Postal Service issued a set of 10 new Forever stamps picturing some of Bugs' most iconic costumes.  Add these popular stamps to your collection now!

    $10.95- $21.50
    BUY NOW
  • 2019 Complete Year Set of U.S. Commemoratives and Regular Issues - 116 Stamps 2019 Complete Year Set Stamps

    Save time and money with this year-set. You'll receive every major Scott number issued in 2019 – including the Priority and Express Mail stamps – in one order. It's the easy way to keep your collection up to date. 

    $126.00- $171.00
    BUY NOW
  • 1/2 lb. US Mixture, on/off paper US 1/2 Pound Stamp Mixture

    This fun mixture of U.S. stamps is made up of completely random years, and will contain both used stamps on and off paper. It is packaged by weight, and you will get a full 1/2 lb of stamps to sort through and identify- hours of fun at your kitchen table!

    $19.95
    BUY NOW

 

U.S. #C70
1967 8¢ Tlingit Totem
Alaska Purchase Issue

Issue Date: March 30, 1967
City: Sitka, AK
Quantity: 55,710,000
Printed By: Bureau of Engraving and Printing
Printing Method: Giori press printing
Perforations:
11
Color: Brown
 
This stamp celebrates the 100th anniversary of the U.S. purchase of Alaska from Russia for $7,200,000.00. Then-Secretary of State William Henry Seward made the purchase and earned Alaska the title of “Seward’s Folly.”
 

U.S. Purchases Alaska

On March 30, 1867, US Secretary of State William Seward purchased Alaska from Russia in what many at the time called “Seward’s Folly.”

The Russians first explored Alaska in the 1600s and first settled there in 1784.  In 1824 and 1825, Russia signed treaties with the United States and Great Britain recognizing proper boundaries in America.  The treaties gave these nations trading rights along Alaska’s extensive coastline.

Russia attempted to build several industries in Alaska, including coal mining, shipbuilding, and whaling.  However, once the fur trade became less profitable, interest in the area declined.  Russia’s economy was then damaged by the costly Crimean War (1853-56).

After that war ended, Russia’s emperor Alexander II grew concerned that if war broke out with England, Alaska might be a major target that could be easily taken.  He then decided it best to sell the land.  As early as 1857, the Russians attempted to sell Alaska to America.  They also approached England with offers, possibly hoping to start a bidding war between the two nations, but the British weren’t interested in Alaska.

 

 

 

 

In 1859 and 1860, Russian and American officials met informally to discuss a possible sale.  President James Buchanan was interested and his men offered $5 million.  But the Russians didn’t think that was enough, so talks continued.  However, as America steamed toward the Civil War, the talks were stalled for several years.

After the war ended in 1865, US Secretary of State William Seward strongly supported expanding America’s territorial holdings and focused on Alaska.  In March 1867, the Russian minister began negotiations with Seward.  At the time, the American government was busy with Reconstruction and believed that such a purchase could draw public attention away from the domestic issues of the day.  On the evening of March 29, Seward began an all-night negotiation session that concluded at 4:00 the next morning with the signing of the treaty.

Seward agreed to buy Alaska for $7,200,000 – a cost of about 2¢ per acre. While the terms “Seward’s Folly” and “Seward’s Icebox” were used to describe the deal, not all public opinion was against the purchase.  Many believed that Alaska would ultimately prove economically beneficial.  Additionally, the deal would improve relations with Russia and possibly lead to the acquisition of British Columbia.

The Senate approved the purchase days later, on April 9.  However, the House of Representatives opposed the deal and didn’t approve the funds for the purchase for over a year.  In the meantime, on October 18, 1867, US troops raised the American flag at Sitka, formally taking possession of the new territory.  It would be over 90 years before Alaska was admitted as America’s 49th state.

Click here to view the check used to purchase Alaska.