1954, 5 Cigar Revenue Tax Stamps,Class B, Series 124

Cigar Revenue Tax Stamps- Missing from Many Collections!

The first Cigar Revenue stamps were issued in 1846, with the tax rate based on the value of the cigars. A short time later, a flat tax per thousand cigars was introduced.

In 1917, cigars were once again taxed according to their value. The cigars were designated Class “A” through “E,” with “E” being the most expensive. Class “F” and “G” were later added to meet the increasing cost of cigars.

In 1932, a numbering system began for the Cigar Revenue Stamps, with the first series designated “102” and valid for one year before it was replaced with “Series 103.”  The practice continued in subsequent years.  As a consequence, “Series 123” Cigar Revenue tax stamps were issued in 1953, and so on. Cigar Revenue tax stamps were discontinued in 1959.