StampNews.com hurries to share the latest news from the philatelic world. This one will tell you about a US 1851 1c blue Franklin stamp that will auction at Daniel F Kelleher Auctions in New York in December. The stamp was introduced following a drop in the cost of postal rates in 1851.
The cost of delivery anywhere in the US, regardless of distance, was changed to 1c. Although pre-payment was optional, collection costs were increased.
This was a powerful incentive for most people to switch to pre-payment, which became mandatory in 1855. This stamp is graded VF-80, placing it among the very best of the 90 survivors. Only two are graded higher.
It’s expected to make US$100,000-150,000.
Sourced by paulfrasercollectibles.com