1958 $10,000 US Internal Revenue Stamp,no gum, perf 12, carmine

# R723 - 1958 $10,000 US Internal Revenue Stamp - no gum, perf 12, carmine

$1,200.00
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$ 1,200.00
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This Series 1958 Documentary Internal Revenue stamp has a face value of $10,000!  It was issued without gum and perforated 12.  The used variety sold here is a “perfin”, which is a stamp perforated on its face with a design, initials, or numbers, for security purposes. 

Starting in 1940, Documentary stamps were given an overprint to designate the year in which they were printed.  (The stamps featured the same designs as the 1917 Documentaries.)  The overprint, in this case “Series 1958”, was added after it was discovered some people had been illegally reusing old Documentary stamps.  The overprint system was used for all Documentary stamps from 1940 onward.  This meant all unsold stamps had to be returned to the US Treasury Department before the month of January two years later.  Customers who were still in possession of old Documentary stamps could return them for a refund or exchange them for new stamps.  stamps from 1940 onward. 

Pictured on the #R723 stamp is Walter Q. Gresham, who was the 35th Secretary of the US Treasury.  He was also the Postmaster General during the administration of President Chester A. Arthur.  Gresham served as Secretary of State under Grover Cleveland. 

Revenue stamps are an interesting area for specialized collecting.  They also make a nice “Back- of-the-Book” companion to your US stamp collection. 

Some collectors enjoy collecting perfins as well.  Perfins may be perforated by a private company or by a governmental department to prevent theft.  The word “perfin” is a shorted form of “perforated insignia”.

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This Series 1958 Documentary Internal Revenue stamp has a face value of $10,000!  It was issued without gum and perforated 12.  The used variety sold here is a “perfin”, which is a stamp perforated on its face with a design, initials, or numbers, for security purposes. 

Starting in 1940, Documentary stamps were given an overprint to designate the year in which they were printed.  (The stamps featured the same designs as the 1917 Documentaries.)  The overprint, in this case “Series 1958”, was added after it was discovered some people had been illegally reusing old Documentary stamps.  The overprint system was used for all Documentary stamps from 1940 onward.  This meant all unsold stamps had to be returned to the US Treasury Department before the month of January two years later.  Customers who were still in possession of old Documentary stamps could return them for a refund or exchange them for new stamps.  stamps from 1940 onward. 

Pictured on the #R723 stamp is Walter Q. Gresham, who was the 35th Secretary of the US Treasury.  He was also the Postmaster General during the administration of President Chester A. Arthur.  Gresham served as Secretary of State under Grover Cleveland. 

Revenue stamps are an interesting area for specialized collecting.  They also make a nice “Back- of-the-Book” companion to your US stamp collection. 

Some collectors enjoy collecting perfins as well.  Perfins may be perforated by a private company or by a governmental department to prevent theft.  The word “perfin” is a shorted form of “perforated insignia”.