Lot 3019
Rare! 1883 1 Cent Golden Postal Note. #115 Punched Sep. 1883 001 cent. Postal Notes were privately produced by three different firms in six design types during three four-year contracts. Developed under Postmaster General Walter Q. Gresham, they were first issued at the nation's post offices on Monday, September 3, 1883. Numerous "first day" souvenir notes have survived. Government officials, wary of the continuing problem of postal theft, initially mandated that the notes could be cashable only in the city named by the purchaser. Engraved and printed by the Homer Lee Bank Note Company, the first two designs (Types I and II) had a space for the postal clerk to indicate where the note was being sent. If stolen en route, the note had no value, as it could not be cashed in any other city. All Postal Notes were printed on a watermarked security paper produced by Crane & Co. that features a unique watermark. Type I notes were printed on a yellow security paper blank that was about 10% larger than all subsequent issues. Type II and later notes were printed on a creamy white security paper. In January 1887, Congress changed the applicable law. Rather than being cashable at only one named post office, it decided that newly issued Postal Notes could be cashable at any money order office ? the system's larger and busier offices. To comply with the new law, "Any Money Order Office" was rubber-stamped or hand written in place of a specific paying city on the Type II forms. These notes are called Type II-A. To comply with the law, Homer Lee's engravers added the words "ANY MONEY ORDER OFFICE" in a level line into the second design's printing plates. Due to the short period of time between the passage of the new law and the start of the second production contract (which Homer Lee did not receive), few post offices ordered and issued Type III Postal Notes. The American Bank Note Company of New York was the winning bidder for the second Postal Note engraving and printing contract. Thomas F. Morris, creator of the acclaimed designs for U.S. currency and stamps, as well as stock and bond certificates, etc., was assigned to design and engrave the new Postal Note (Type IV). No major changes were required during American's four-year contract. The only change noted during ABNCo's contract was the decade change on the date line from "188___" to "189___." All Postal Notes issued with the American Bank Note Company logotype are Type IV. The third and final Postal Note engraving and printing contract extended from September 1891 to June 30, 1894. Dunlap & Clarke of Philadelphia won the competition. Their design, unchanged during the length of their contract, is catalogued as Type V. Between 1883 and 1894, some 70.8 million Postal Notes were issued, used as intended, then destroyed. Approximately 1,500 have survived for modern collectors and historians. Thanks to the government's publicity, the first and final designs are the most "common" notes. No publicity was produced for the other design changes. Type III notes are the design rarities of the series. Keywords: Money, Currency, Stamps; Ref: BD2021
- Medium: Paper
- Circa: 1883
- Condition: This note is in circulated condition. Please see photos for details.
Accepted Forms of Payment:
American Express, COD (cash on delivery), Discover, MasterCard, Money Order / Cashiers Check, Other, Visa, Wire Transfer
Shipping
PAYMENT TERMS:
Credit Cards will be accepted for orders less than $2,000: American Express, Discover, MasterCard and Visa for qualified bidders. For orders that exceed $2,000 or any bidder who has a lack of transaction history or negative feedback we will we require Bank Check, Wire Transfer or Cash unless customers have successful transaction history with Bradford's. If we accept a Credit Card for payment we may require a copy of your ID to validate your account as well as shipping address. Please contact us directly for Bank Wire Instructions.
OUT OF TOWN SHIPPING US BUYERS ONLY:
TO PROTECT YOUR SHIPMENT WE REQUIRE A FULLY INSURED ORDER WITH DIRECT SIGNATURE. Shipping is added to your invoice. Once paid in full we will mail your shipment to the address on your invoice by USPS or FedEX. ALL out of town orders Must be Fully Insured and any order that exceeds $100 will be shipped via a service that requires Direct Signature by the name on the invoice.
INTERNATIONAL BUYERS SHIPPING: Once we have received your payment in-full your purchase will be turned over to Westside Mail Center. They offer FedEx, DHL, UPS and USPS services. They will proactively reach out to arrange packing, shipping and insurance. For questions related to shipping please contact them directly.
LOCAL PICK-UP INFORMATION:
Monday to Wednesday 10:00 AM to 4:00 PM
LOCATION: 15210 N 99th Ave Sun City, AZ 85351
CROSS STREET: (Located at the NW Corner of 99th Ave and Greenway Rd)
All fees and costs associated with shipping are separate from the hammer price (winning bid), buyer's premium and sales taxes. The winning bidder / buyer is solely responsible for the shipping. Bradford's can assist the winning bidder / buyer by arranging shipping and insurance through our preferred shipper. The winning bidder / buyer has the right to arrange their own shipping with a 3rd party shipper at their own expense. Bradford's Auction Gallery reserves the right to ship parcels via our own in-house shipping methods, based on actual weight or dimensional weight (whichever is greater).
The designated 3rd party shipper will ship to the address provided on the winning bidder / buyers invoice. It is the winning bidder / buyers responsibility to communicate with the shipper and provide any specific shipping requirements, address information or details that will ensure proper delivery.
The winning bidder is responsible for understanding the import fees and import laws of their respective province/state/country. It is also the bidder's responsibility to obtain any and all import documentation (import/export licenses, certificates or other documentation) prior to bidding.
Bradford's
You agree to pay a buyer's premium of 25% and any applicable taxes and shipping.
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| From: | To: | Increments: |
|---|---|---|
| $0 | $99 | $1 |
| $100 | $199 | $2 |
| $200 | $999 | $5 |
| $1,000 + | $10 |