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Scott Number: RG79 Collection Reference No. for Communications: 5687

Denomination/Type: Silver Tax, $60 gray, overprint SERIES 1941, watermark 191R, perf. 12

2023 Scott Catalog Value: $ 892.75

Estimated Retail Value: $ 500.00 What is this?

Cancel Method: Handstamped - Multiple Line

Cancel Color: Magenta/Purple

Cancel Date: March 06, 1958

Cancel or Company Type: Law firm or Federal, State, or Local Government Entity

Company: District Director Internal Revenue

City: New York

State: New York

1958 memorandum of transfer of an interest in silver bullion with numerous silver tax stamps (RG63, RG65, RG67, RG70, RG124, and RG79) paying the 50% tax on profits. Quite scarce, not just for the RG79 ($60 denomination which constitutes $750 catalog value) but also the RG63 (8c denomination) which is not valued used in Scott. Because the tax rate was so high, low-denomination values are not frequently found on document.

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