Saturday, May 16, 2009

Express Cancels: Wells Fargo



Wells Fargo ran banking and express services in the west after the company was started by two founders of American Express, Henry Wells and William Fargo. The company split its express and banking operations into two firms in 1905.
In a series of future posts I will highlight express cancels by American Express. Interesting that the early express companies Amex and Wells Fargo have become the major financial institutions they are today.

Friday, May 15, 2009

Express Cancels: C. Express

C. Ex. on 2 cent and 4 cent documentary stamps.


Express Cancels: NP, R, and So. Express

So. Ex.



R. Ex.



NP Ex.

Express Cancels: United States Express


The stamp below has an AMEX printed cancel, but a US Express handstamp cancel.
Top guideline on one cent roulette.

The form below documents express transactions and corresponding one cent documentary tax payments for five transactions for the United States Express Company.


The United States Express Company operated the eastern terminus of the Pony Express for a period.

Express Cancels: Merchants Co-op Express


Blois, Andover and Lawrence Express' Lawrence, Mass. office was at the Merchants Co-op Express offiice in Lawrence. Merchants Co-op cancelled the stamp below:

From the 1897-98 Andover, Massachusetts directory comes the first image of this post and a reference to the Merchants Co-op Express. Not sure how the Blois, Andover, and Lawrence Express relates the Merchants other than the use of an office.

Express Cancels: US and Pacific Express

The web is not providing much information on this company. I will keep looking.


Express Cancels: Wheeler Express


Wheeler Express appears to have run between Marlborough and Boston, Massachusetts.

From 1901 through 1903 the mayor of Marlborough Mass. was Walter Morse. Mr. Morse was the owner of the Wheeler Express Company. Mayor Morse formed a City Hall Commission to plan and build a new City Hall after the original City Hall burned down on Christmas night, 1902. He also obtained a cash gift from the Andrew Carnegie fortune for construction of the town's public library.

Thursday, May 14, 2009

Express Cancels: Adams Express

Child messengers, Norfolk, Virginia in 1911. Photograph in the public demain. In four of the five cancels shown below the Adams Express herald or logo is identical to that shown in the picture above.

Adams Express was one of the largest express companies in the United States at the time of the issue of these stamps. The company continues to exist today as a close-ended equity fund and trades on the NYSE.

I am still learning about this company, but it appears that Mr. Adams turned his substantial positive cash-flow into major equity positions and eventually the company became less of an express than an equity holding firm. In 1910 it was the second largest stockholder in the Pennsylvania Railroad and it held a substantial position in American Express.

Right arrow and guideline at bottom of this stamp. I should have waited 5 days and posted this stamp on May 19.

I am not completely sure about this cancel. It reads "Adam Ex. Co." and there is sufficient space to accomodate the missing S after Adam; nevertheless it does not say Adams. Also, all the other cancels here use the Adams Express Company logo as their cancel. This is a simple straight line. The other cancels, even with missing letters, would not doubt be those of Adams Ex. due to their design.



1898 Revenues: Documentary Taxes Valued at One Cent

According to the Revenue Act of 1898, the following taxes were levied at a rate of one cent and demanded documentary tax stamps:

1. Upon each sale, agreement of sale, or agreement to sell, any products or merchandise at any exchange,or board of trade, or other similar place, either for present or future delivery, for each $100 in value or fraction thereof;

The 1 cent block of four cancelled by JP Morgan in a previous post is likely example of payment of this tax requirement.

2. Bills of lading, manifests, or other memorandum of shipment for goods shipped by railroad or steamboat company, carrier, express company, or corporation;

The Chicago, Burlington and Quincy printed cancel on a previous post is a likely example of stamp removed from on of these types of railroad documents. The AMEX cancel probably represents a stamp used for this tax as well.

3. Sworn statements to be filed within the first 15 days of each month by persons, firms, corporations owning or operating any telephone line or lines for which there was a charge imposed of 15 cents or more for the previous month;

4. Any telegraphic dispatch or message.

Wednesday, May 13, 2009

One Cent Documentary Railroad Cancels

Chicago, Burlington and Quincy RR printed cancel.

The 1898 tax act designated multiple taxes requiring stamps. The following documentary transactions were taxed at a rate of one cent: bills of lading, manifests, or other memorandum of shipment for goods shipped by railroad, steamboat company, carrier, express company, or corporation. All of these stamps were likely used by the railroads to cover one of these tax liabilities.

Michigan Central RR handstamp cancel.

Pennsylvania Railroad manuscript cancel with partially handstamped date.

Tuesday, May 12, 2009

Railroad Cancels: Missouri Pacific Railway Printed Cancel



Controlled by Jay Gould at the time of the use of this stamp, the Missouri Pacific Railway is today part of the Union Pacific.

One Cent Documentary: Uses - Handstamp Cancels


I know nothing about HTH Co., but I like the rosettes that run vertically down the sides of this cancel.



Jay Pierpoint Morgan was running the business that held his name in 1902..

Monday, May 11, 2009

Cancel of the Day: May 11

Lake Shore and Michigan Southern Railway cancel for May 11

Sunday, May 10, 2009

One Cent Documentary: Uses -- Printed Cancels

I started this blog with a series of railroad hand stamped cancels on the 2 cent documentary. Below is a set of three printed cancels placed on the one cent documentary. Printed cancels were made by high-volume users of revenue stamps like railroads and banks. This makes the stamp immediately below all the more unusual.

Just why would the Windsor County Clerk's Office in Woodstock, Vermont need so many one cent documentary stamps that they would order sheet(s?) of stamps with this printed cancellation? If you google J. R. Pember and Windsor County you can find out that his full name was Jay Read Pember.

The Chicago and North Western Railway used this stamp in 1900.

American Express issued its first travellers checks in 1891. This stamp is interesting as it has a printed cancel, a handstamp from the AMEX office in Racine, Wisconsin, and a solid right-side guideline.

One Cent Documentary: No Rouletting

A no roulette, imperf, or imroulette pair of the one cent documentary. Rare to the point of having an italicized value in the 2008 Scott catalogue, unlike the part roulettes, the true imperf is quite scarce and merits a reasonably high valuation.

I acquired this pair and the accompanying certificate from the Henry Tolman sale. Its pedigree can be established prior to Mr. Tolman, as the pair was sold in the Morton Dean Joyce Sale nearly 15 years earlier. Mr. Joyce put together the single greatest collection of US revenues.

Battleship Revenues: 1 Cent Documentary Part Roulette

Examples of part roulettes. The one cent documentary part roulettes are fairly common and consequently cheap. In both the pair and block of four, as with all the part roulettes, the lack of rouletting runs horizontally.
A part rouletted pair of the one cent documentary.

A part rouletted block of four of the once cent documentary. Arrow and guideline runs across the top of the block.

Saturday, May 9, 2009

Battleship Revenues: 1 Cent Documentary

The one and two cent documentary stamps were the workhorses of the 1898 documentary series. Hundreds of millions wre printed, both in the roulette and hyphen hole formats. Below are posted singles and blocks of four for the roulette and hyphen hole types.


Unused roulette single.

Unused roulette block of four.

Unused hyphen-hole single. I need to touch up the frame around this stamp. The single is torqued a bit in the orginal Vario page and I rotated it a couple of degrees digitally, leaving the white wedges surrounding the frame.

Unused hyphen-hole block of four.
I've already done one entry on the roulette and hyphen-hole issue. I never brought up one source of confusion regarding these stamps and the stamp-business that left me confused about the battleships for years.
Like many collectors of my vintage and before (I was born in the early 60s) I was given a beginners stamp album soon after I expressed an interest in stamp collecting. As I recall, mine was titled "My First Stamp Album." It was hard-bound, yellow, and had a drawing of a boy scout, a girl and other prospective collector types. Whatever the case, I quickly advanced to a Scott National Album and eventually I acquired the revenue pages for collecting US revenue stamps.
I learned much from those pages and from the Scott catalog. From the first series I moved the perfs (all the "c's") to the beginning, the imperfs or a's right behind the perfs, and placed the part perfs after them. I did this just because I had more perfs and I liked being able to open the album to a more filled out page. But then I had to set up a bunch of blank pages for the silk papers. And I wondered why Scott would have pages for major perf varieties but not a major paper variety.
Whatever the case, it was the 1898 issue that caused me the most confusion. Forget the silk papers. The album only held spaces for one perf variety of the battleships and the dollar value 1898s. And the type to display wasn't even designated. If I had to guess I would say that the typical revenue page collector would have a mish-mash of HH and roulette stamps for their 1898s. With no space for the two types of stamps. I had to put blank pages in to mount the hyphen holes and left the designated spaces for the rouletted stamps.
This lack of space gave me the impression for years that the distinction between the types was largely unimportant to philately, since the first issue perf, part perf, and imperf stamps all had their own spaces in the album. Why weren't the 1898s given the same respect.
I don't use an album anymore. And the hyphen hole and roulette distinction is one of the most important distinctions in 1898 collecting. The difference certainly affects values. Those differences I will explore in later posts.

Note to the File

I just ordered a 2009 Scott Specialized catalogue and West's Revenue Stamps of the United States. At least I'll have some printed material to work with. If anybody out there has access to back issues of the American Revenuer and can send me scans of whatever 1898 series articles you can find I would like to correspond. I can be contacted at 1898revenues@gmail.com.

Cancel for May 9, 2009

Goodmorning from Lake Shore and Michigan Southern Railroad South Chicago Freight Office for May 9. The LS&MS ran from Chicago to the east, and connected with the New York Central. It was controlled by the NYC and Vanderbilt. By 1900 the quantity of freight shipped by this railroad along the Chicago-New York corridor was enormous.

Graded Stamps: Graded Revenues

1898 Revenues is pleased to announce its new stamp grading program. After careful consideration and a survey of the revenue stamp market, it is clear that this type of service, so popular with postage stamps, is now suitable for the revenue stamp market. Demand is high for graded postage stamps, even in the current economy. We believe that in only a short period of time that we will enable the full erosion of revenue stamp collecting and can hand the high end of the hobby to speculators, just has been done to US postage stamps!


Above is our first graded revenue stamp. The 1 1/4 cent proprietary has been graded at 100BJQ, the highest grade possible for a revenue stamp. Our team of grading experts, using strict and formal criteria, have combined their skilled judgment with a process that includes high-cost electron microscopy techniques and x-rays at zero-gravity to insure that the stamp, even on the inside, is true to the grade for which it is assigned. Margins are well balanced and wide. The color is bright and nearly fluorescent. The impression is sharp and clear. You are unlikely to find a battleship revenue of this quality in a lifetime (of a fruit fly).
This is a very important stamp. It is important because we say it is. Isn't contrived scarcity, manipulated right in everybody's faces great? We figure the public will get suckered by this nonsense for years, about the same amount of time it took before the stamp market boom of the late 70s collapsed in the early 80s.
But we digress. Back to this very important stamp.

Catalogue value: $00.2
We are pleased to make this stamp available for $11,500.

Cripes, how long can this charade go on?

Friday, May 8, 2009

Half Cent Documentary Gray: Uses





Not too exciting here. I've got a bunch of G. Rosenblatt cancels on other values. All of these cancels are from companies that can be googled and for which information can be readily found. Old insurance company legal proceedings and news clippings may be interesting to some though. What was Concordia's liability from the Great Chicago Fire?
Like I've written before, cancels don't show nearly as well on the gray version of this stamp. These are dated 1899 or 1901. You should never find one dated 1898. The gray colored stamp was not issued until 1899.
The second and third stamps are scans from a stock page, which explains the lines through the center of each stamp.

Sunday, May 3, 2009

Half Cent Orange Documentary: Usage

I don't have a Scott Catalogue out here in Kenya with me. One is on its way. Meanwhile, I'm working from memory here. And I recall that the used value for the 1/2 cent orange documentary was $20 in the 2008 specialized catalog and that for 2008, as in previous catalogs, the value has been intalicized. Scott uses italics when market activity is usually too low to be able to determine a likely accurate value even though there is some sort of pricing history, like a 4 year old auction result.

Well there isn't likely to be much auction activity for 1/2 cent orange stamps. But somebody must buy and sell these stamps somewhere. Whatever the case, I've got a few of these italicized stamps and three are posted below. The half center was mostly used for paying the tax on low budget insurance policies. Without doing too much research you can tell the above stamp was used by an insurance company. The stamp also has a nice clear guideline running across the bottom of the stamp.


Birckhead & Son and Hall & Henshaw were insurance companies.

All of these stamps were cancelled in the first year of use of the 1898 series, more than a year before the half cent gray stamp became available. The relative scarcity of the orange stamp in used condition must be a function in part of complete withdrawal from use of the orange stamps as soon as the gray version became available.
As in a previous post, all the half cent documentaries were printed before hyphen-hole replaced the roulette. All oranges and grays appear only with roulettes.