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Scott Number: R26c Collection Reference No. for Communications: 2774

Denomination/Type: 5c Foreign Exchange, red, perforated

2023 Scott Catalog Value (for a single stamp): $ 0.50

Estimated Retail Value: $ 350.00 What is this?

Cancel Method: Printed

Cancel Color: Black

Cancel Date: April 02, 1866

Cancel or Company Type: Other/Miscellaneous

Company: United States Stamp Company

City: Lowell

State: Massachusetts

Ex-Steven Belasco. From his exhibit: 'Edgar H. Judkins, a Lowell Mass. stamp dealer, began using the name United States Stamp Company in 1865. E.T. Gage was a clerk in Lowell. In 1866 they sold shares in the United States Stamp Company in what may have been the first syndication of a stamp business. At least 100 shares were sold to several different investors. The 5-cent revenue rate applied to shares in an unincorporated company.'

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