1950 $20 US Internal Revenue Stamp,watermark, perf 11, carmine

Revenue Stamps- Complete Your Back-of-the-Book Section Today!

Revenue stamps, also called fiscal stamps, have been issued around the world since the 17th century to verify the payment of taxes or fees on everything from alcohol and tobacco to playing cards and hunting licenses. Not used for postage, these stamps often feature detailed, engraved designs, and som...  more

Revenue Stamps- Complete Your Back-of-the-Book Section Today!

Revenue stamps, also called fiscal stamps, have been issued around the world since the 17th century to verify the payment of taxes or fees on everything from alcohol and tobacco to playing cards and hunting licenses. Not used for postage, these stamps often feature detailed, engraved designs, and some even contain anti-counterfeiting devices.

Revenue stamps can generally be divided into two broad categories: documentary and proprietary.

Documentary stamps pay taxes on transactions involving paper such as the issuing of licenses, banking transactions, stock transfers, taxes on sales transactions and legal documents.

Proprietary stamps are used to pay taxes on goods. They are often applied directly to the taxed item. They can be difficult to collect because they are often affixed to the product in such a way that opening or using the product destroys (cancels) the stamp thereby preventing reuse.

These historic pieces will make a great addition to your collection- order yours today.