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Winchester Discounts

1870-71 10¢ Jefferson - U.S. #150

1870-71 10¢ Jefferson - U.S. #150

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U.S. #149
1870-1888 12¢ Jefferson
National Bank Note Printing

Earliest Known Use: May 14, 1870
Quantity issued: 10,166,500 (estimate)
Printed by: National Bank Note Company
Method: Flat plate
Watermark: None
Perforation: 12
Color: Brown

Thomas Jefferson, a pivotal figure in American history, served as a delegate to the Continental Congress and authored the Declaration of Independence. He later became the 3rd President of the United States, passing away on the 50th anniversary of the Declaration of Independence.

Bank Notes 1870-1888

Following the dissatisfaction with the 1869 Pictorial series, the Postmaster General introduced new stamps to address public complaints of small, unattractive, and inferior-quality stamps. The new series featured larger, higher-quality stamps with new designs, showcasing profiles of famous deceased Americans.

Dubbed the "Bank Note" stamps, this series was printed by three prominent Bank Note printing companies – the National, Continental, and American Bank Note Companies – each producing stamps with slight variations as the printing contract shifted.

Despite the intended four-year production of the Pictorial stamps, they were withdrawn from sale after a year. However, the National Bank Note Company still had three years remaining in their contract, producing stamps with and without grills.

In 1873, the contract transitioned to the Continental Bank Note Company, utilizing "secret marks" to distinguish their plates and stamps from previous issues. The American Bank Note Company later acquired Continental, printing stamps on softer paper compared to previous productions.

Color variations, secret marks, and different paper types aid in identifying the different varieties of these classic stamps, making them a truly fascinating area of philately. (Photo is of Actual Product)

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