1649

UNITED STATES: 1 cent encased postage, ND (1862-3), VF-EF

Currency:USD Category:Coins & Paper Money / US Coins Start Price:170.00 USD Estimated At:200.00 - 300.00 USD
UNITED STATES: 1 cent encased postage, ND (1862-3), VF-EF
SOLD
260.00USD+ (52.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Sep 16 @ 18:54UTC-7 : PDT/MST
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UNITED STATES: 1 cent encased postage, ND (1862-3), HB-28, EP-4A, Scott-63 blue Franklin stamp in case advertising Ayer's Sarsaparilla, variety with medium AYER"S (lettering) and plain frame, stamp is bright, mica has a crazed area at left, case still has some of its original silvering, VF-EF, ex Joseph A. Hinton Collection, ex Raymond M. Waltz Collection. Encased postage stamps were first used in the United States as an emergency issue to relieve the extreme coin shortage of that period. The idea was later picked up by other countries, mainly right after World War I, again to relieve a coin shortage.