# 246-63 - Complete Set, 1894 Bureau Issues, unwatermarked
U.S. #246-63
1894-95 Bureau Issues
Unwatermarked
Printed by: Bureau of Engraving and Printing
Watermark: None
Perforation: 12
This complete set includes all of the first regular issue stamps produced by the Bureau of Engraving and Printing. Before the Bureau of Engraving and Printing (BEP) began printing postage stamps, contracts had been awarded to private companies for the production of stamps.
First BEP Postage Stamp
The BEP was established in 1862, following the outbreak of the Civil War. When the firing on Fort Sumter began, the nation was already on the verge of bankruptcy and was in no position to finance a war. This matter, along with other war issues, prompted President Lincoln to call a special session of Congress. During this session, secretary of the Treasury Salmon P. Chase suggested issuing noninterest-bearing notes that would circulate as money and a system of domestic taxation.
Congress adopted the Chase plan, and as a result, the first government-issued paper money came into existence. That same year, the president appointed a commissioner of internal revenue, who was given the authority to assess, levy, and collect taxes. Items such as medicine, perfume, cosmetics, alcohol, and tobacco were taxed, and stamps were provided as proof of collection of the tax. The BEP began by printing only the beer and cigar stamps, but by 1878, nearly all revenue stamps were produced by them.
For about 75 years, the BEP produced nearly all US postage stamps (except for the 1943 Overrun Countries printed by the American Bank Note Company). This began to change in the late 1960s when the US Post Office began issuing contracts to private security printers. BEP stamp production dropped significantly, to less than 50% of all stamps in 1997. The last BEP-produced stamp was #3632, printed for the last time on June 10, 2005.
Click here to view and order the First Bureau Issue singles.
U.S. #246-63
1894-95 Bureau Issues
Unwatermarked
Printed by: Bureau of Engraving and Printing
Watermark: None
Perforation: 12
This complete set includes all of the first regular issue stamps produced by the Bureau of Engraving and Printing. Before the Bureau of Engraving and Printing (BEP) began printing postage stamps, contracts had been awarded to private companies for the production of stamps.
First BEP Postage Stamp
The BEP was established in 1862, following the outbreak of the Civil War. When the firing on Fort Sumter began, the nation was already on the verge of bankruptcy and was in no position to finance a war. This matter, along with other war issues, prompted President Lincoln to call a special session of Congress. During this session, secretary of the Treasury Salmon P. Chase suggested issuing noninterest-bearing notes that would circulate as money and a system of domestic taxation.
Congress adopted the Chase plan, and as a result, the first government-issued paper money came into existence. That same year, the president appointed a commissioner of internal revenue, who was given the authority to assess, levy, and collect taxes. Items such as medicine, perfume, cosmetics, alcohol, and tobacco were taxed, and stamps were provided as proof of collection of the tax. The BEP began by printing only the beer and cigar stamps, but by 1878, nearly all revenue stamps were produced by them.
For about 75 years, the BEP produced nearly all US postage stamps (except for the 1943 Overrun Countries printed by the American Bank Note Company). This began to change in the late 1960s when the US Post Office began issuing contracts to private security printers. BEP stamp production dropped significantly, to less than 50% of all stamps in 1997. The last BEP-produced stamp was #3632, printed for the last time on June 10, 2005.
Click here to view and order the First Bureau Issue singles.