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Scott Number: R24c Collection Reference No. for Communications: 3798 Denomination/Type: 5c Certificate, red, perforated 2025 Scott Catalog Value (for a single stamp): $ 0.50 Estimated Retail Value: $ 150.00 What is this? Cancel Method: Handstamped - Oval Cancel Color: Blue Cancel Date: December 21, 1868 Cancel or Company Type: Express, Carrier, or Delivery Company: American Merchants Union Express Co. City: New York State: New York American Merchants Union Express Company stock certificate issued in 1868. Signed by William G. Fargo as president. After cutthroat competition between the Merchants Union Express Company and American Express for a couple of years, the companies merged in 1868 with William Fargo as president. At this point, Henry Wells retired from the company. In 1873, American Merchants Union Express Company was renamed American Express Company. If you have any information or comments about this cancel or stamp, please email me. |