1932 $1.00 Wayzata Airmail Stamp

# MA1904 - 1932 $1.00 Wayzata Airmail Stamp

$39.00
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1474506
Mint Stamp(s) Very Fine, Never Hinged Ships in 1-3 business days. Ships in 1-3 business days.
$ 39.00
$ 39.00
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Discover the Mystery Behind This Wayzata Airmail Stamp

The Scott Catalogue says of these stamps "The above label was produced in the US by a private company under contract with the Newfoundland authorities.  But the government cancelled the contract and the stamp was not valid for prepayment of postage."  If this statement is true, that would make this a Cinderella stamp, however, there is some disagreement on whether Scott is correct.  This is because there are said to be three known covers bearing the Airmail stamp that were postmarked in late 1932 without any indication of postage due.  We may never know for sure whether the stamp was or was not valid for postage, but its story is a fun one to hear, nonetheless...

This Airmail design was proposed by Aerial World Tours, Australian pilot Patrick McCartney, and Minneapolis stamp dealer Lawrence Clark.  Aerial World Tours wanted to make the first transatlantic airmail and passenger flight, bringing publicity and funds to struggling Newfoundland.  Revenue for the project was to be earned through the sale of the Airmail stamps which were to be printed by the Bureau of Engraving and Printing in Minneapolis, Minnesota.  However, Aerial World Tours would need to completely sell out all 400,000 planned stamps before they were placed on sale at post offices.  Considering $1 was similar to what $100 is worth today, it was a big ask of the local community.  In the end, criticism of the stamp and its high price led the Attorney General to recall all unsold stamps and withdraw government involvement with the project.

While the flight and stamps were cancelled (it's said up to 90% of printed stamps were destroyed by Newfoundland officials), the printing plates in Minnesota are said to have been used to produce more copies to satisfy collector demand.  No one knows for sure what really happened, but it makes a great story you can tell family and friends while showing off your own example of the stamp.  Our supply is limited, so act now to add this stamp to your collection today.

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Discover the Mystery Behind This Wayzata Airmail Stamp

The Scott Catalogue says of these stamps "The above label was produced in the US by a private company under contract with the Newfoundland authorities.  But the government cancelled the contract and the stamp was not valid for prepayment of postage."  If this statement is true, that would make this a Cinderella stamp, however, there is some disagreement on whether Scott is correct.  This is because there are said to be three known covers bearing the Airmail stamp that were postmarked in late 1932 without any indication of postage due.  We may never know for sure whether the stamp was or was not valid for postage, but its story is a fun one to hear, nonetheless...

This Airmail design was proposed by Aerial World Tours, Australian pilot Patrick McCartney, and Minneapolis stamp dealer Lawrence Clark.  Aerial World Tours wanted to make the first transatlantic airmail and passenger flight, bringing publicity and funds to struggling Newfoundland.  Revenue for the project was to be earned through the sale of the Airmail stamps which were to be printed by the Bureau of Engraving and Printing in Minneapolis, Minnesota.  However, Aerial World Tours would need to completely sell out all 400,000 planned stamps before they were placed on sale at post offices.  Considering $1 was similar to what $100 is worth today, it was a big ask of the local community.  In the end, criticism of the stamp and its high price led the Attorney General to recall all unsold stamps and withdraw government involvement with the project.

While the flight and stamps were cancelled (it's said up to 90% of printed stamps were destroyed by Newfoundland officials), the printing plates in Minnesota are said to have been used to produce more copies to satisfy collector demand.  No one knows for sure what really happened, but it makes a great story you can tell family and friends while showing off your own example of the stamp.  Our supply is limited, so act now to add this stamp to your collection today.