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Scott Number: R26c Collection Reference No. for Communications: 2774
Denomination/Type: 5c Foreign Exchange, red, perforated
2020 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
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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