1858-61 $12.50 on $50,000, California Insurance Stamp, No Controller's Hand-Stamp
# MA1931 - 1858-61 $12.50 on $50,000, California Insurance Stamp, No Controller's Hand-Stamp
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MA1931 - 1858-61 $12.50 on $50,000, California Insurance Stamp, No Controller's Hand-Stamp
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Mint Strip of 4
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Mounts - Click Here
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They're Back! – Rare 1858-61 California Revenue Stamps
Years ago, we made a startling find and were able to offer you rare 1858-61 California Revenue stamps. They proved so popular that they sold out and we were unable to find more... Until today! This is your chance to get them in your collection if you weren't able to last time. But don't wait, they're sure to sell out fast again.
Here's a little bit about the history of these fascinating stamps...
The 1858-61 California Revenue stamps were one of history's biggest mysteries – until a "spectacular" discovery was announced in 1941. It proved the very existence of many denominations – stamps rumored to have been issued but never seen by collectors.
Direct Connection to California's Gold Rush
Hoping to profit from the Gold Rush, California levied a tax on shipments of gold and silver in 1858. Bill of Lading and Insurance Revenue stamps were issued to satisfy the complicated tax structure. Printed in strips of four, the Insurance stamps indicated the coverage term, limit and rate. The Bill of Lading stamps indicated the limit and rate.
The state revenue tax was declared unconstitutional by the US Supreme Court three years later and remaining stamps were destroyed. However, a small number reached collectors. Nearly all of these "remainders" lacked the controller's hand-stamp, indicating they were unissued.
Additional denominations were throught to have existed – yet none were known in any condition. The passage of time and massive destruction caused by the 1906 San Francisco earthquake seemed to dash all hope of finding the phantom Revenue stamps.
In A Private Collection For Decades
Around 1940, famous collector George Grinnell purchased 123 California Revenue stamps from a deealer. The lot contained a stunning number of varieties – including five new denominations – all with the controller's handstamp.
While the news was published in the February 1, 1941, issue of Weekly Philatelic Gossip, the stamps remained in Grinnell's private collection for decades. Mystic was lucky enough to get our hands on a small quantity years ago, but they sold out quickly. But now, lightning has struck twice and we're able to offer them to you again. Hurry – they won't be in stock for long!
They're Back! – Rare 1858-61 California Revenue Stamps
Years ago, we made a startling find and were able to offer you rare 1858-61 California Revenue stamps. They proved so popular that they sold out and we were unable to find more... Until today! This is your chance to get them in your collection if you weren't able to last time. But don't wait, they're sure to sell out fast again.
Here's a little bit about the history of these fascinating stamps...
The 1858-61 California Revenue stamps were one of history's biggest mysteries – until a "spectacular" discovery was announced in 1941. It proved the very existence of many denominations – stamps rumored to have been issued but never seen by collectors.
Direct Connection to California's Gold Rush
Hoping to profit from the Gold Rush, California levied a tax on shipments of gold and silver in 1858. Bill of Lading and Insurance Revenue stamps were issued to satisfy the complicated tax structure. Printed in strips of four, the Insurance stamps indicated the coverage term, limit and rate. The Bill of Lading stamps indicated the limit and rate.
The state revenue tax was declared unconstitutional by the US Supreme Court three years later and remaining stamps were destroyed. However, a small number reached collectors. Nearly all of these "remainders" lacked the controller's hand-stamp, indicating they were unissued.
Additional denominations were throught to have existed – yet none were known in any condition. The passage of time and massive destruction caused by the 1906 San Francisco earthquake seemed to dash all hope of finding the phantom Revenue stamps.
In A Private Collection For Decades
Around 1940, famous collector George Grinnell purchased 123 California Revenue stamps from a deealer. The lot contained a stunning number of varieties – including five new denominations – all with the controller's handstamp.
While the news was published in the February 1, 1941, issue of Weekly Philatelic Gossip, the stamps remained in Grinnell's private collection for decades. Mystic was lucky enough to get our hands on a small quantity years ago, but they sold out quickly. But now, lightning has struck twice and we're able to offer them to you again. Hurry – they won't be in stock for long!