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Some Recent Stamps And Meters I Sorted This Morning

 
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Rest in Peace
United States
7097 Posts
Posted 07/17/2012   07:12 am  Show Profile Bookmark this topic Add I_Love_Stamps to your friends list Get a Link to this Message
Here some of my recent stuff. I may sell/trade these for stuff I need.

stamps & C.D.S.'s with killer & some older metered postage:


Postage due lot:


classic era lot #1:


classic era lot #2:

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Pillar Of The Community
Guatemala
1500 Posts
Posted 07/17/2012   08:38 am  Show Profile Bookmark this reply Add quigngt to your friends list  Get a Link to this Reply
I may be interested in the metered postage and the cent Washington coil if you decide to let them go. The coil might be a Scott 412.
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Bedrock Of The Community
Australia
38679 Posts
Posted 07/18/2012   08:37 am  Show Profile Bookmark this reply Add rod222 to your friends list  Get a Link to this Reply
I'd be interested in the registered mail advert on meter.
advise price or trade if available.
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Rest in Peace
United States
7097 Posts
Posted 07/20/2012   04:27 am  Show Profile Bookmark this reply Add I_Love_Stamps to your friends list  Get a Link to this Reply
Sorry Rod I just seen this post again. I'm not positive what I'm doing with these yet honestly? I'm not very good at ID-ing the meters. I would like to at least find out a little more about them before I pass them along. I'll be sure to give you first crack at them OK? Thank you Rod.
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Bedrock Of The Community
Australia
38679 Posts
Posted 07/20/2012   08:18 am  Show Profile Bookmark this reply Add rod222 to your friends list  Get a Link to this Reply
Yes, that's fine ILS,
thanks for responding,
just didn't want the little fellow to be left, lost and lonely
in the back of book somewhere..... :)

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Pillar Of The Community
United States
6661 Posts
Posted 07/23/2012   10:36 pm  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
The Pitney Bowes F3 / F4 registered mail Meter could be worth good money depending on the meter number. Is it on a full cover or is it loose tape ? loose tape could be from $5 - $100 and some of these on cover are listed as "Extremely rare, value unknown". Unfortunately the Postage meter catalog only shows about 5 of the Meter numbers, the rarest I assume.
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Bedrock Of The Community
United States
12128 Posts
Posted 07/23/2012   11:15 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
There's an interesting study of that Registered Meter Tape at this link. Refer to pages 21-24. Note that it is the VERY SAME meter (Pitney Bowes No. 90122) as you have scanned, only dated a few days earlier (April 14, 1936). The user of that Registered Mail Meter is clearly identified as the CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO (Whew! That was a long name for a bank!)

http://www.machinecancel.org/forum/...el_forum.pdf
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Rest in Peace
United States
7097 Posts
Posted 07/24/2012   06:40 am  Show Profile Bookmark this reply Add I_Love_Stamps to your friends list  Get a Link to this Reply
Here is a better scan. stallzer it's not on cover sadly. It does have those ovoid watermarks too although hard to make out on the scans. wt1 Thank you for the link but admittedly I don't really understand what it's saying. Can you dummy it down for me please? Although I don' really care about value I do care about if special care for it and it's relative "rareness". (How rare is it and how should I store it?)



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Edited by I_Love_Stamps - 07/24/2012 07:09 am
Bedrock Of The Community
United States
12128 Posts
Posted 07/24/2012   11:05 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply

Quote:
wt1 Thank you for the link but admittedly I don't really understand what it's saying. Can you dummy it down for me please?


I'm not sure how to explain it any clearer than shown in the link, but to summarize:

1. The link provides confirmation that Meter No. 90122 was assigned to the CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO. (That alone is crucial information that you just can't get anywhere.)

2. The link provides confirmation that the Registered Mail imprint on your label was only used in label form, in other words, no imprints directly onto covers exist.

3. The link provides confirmation that the user of that Registered Mail label had to put the "Registered Mail" portion of the label on the face of the cover and the postage paid indicia was folded over and adhered to the back of the cover. An unusual usage, but apparently required due to the "Registered Mail" status of the cover. (This is further evidenced by the scan of you example of that meter, showing the same fold-over.)

4. The link provides confirmation that the post office had to use a postmark (more likely a roller-type cancellation device) on the rear of the cover to show the payment of proper postage. (Remember, it is quite rare to see a postmark of any kind on a meter label, but in this case it was required.)

5. The link provided shows that the meter label used for this Registered Mail imprint was also used for a variety of other postage meter services, including fractional postage (as evidenced by the colon (:) following the denomination.) Keep in mind that back in the day (1936) many meters had only one usage and/or one imprint that could be made; this is evidence of an early use of a meter type that offered the flexibility to use many denominations of postage value.

All in all, I'd say you got quite a bit of information about your postage meter label by just referring to the various details provided in that link.

The rarity/scarcity and/or value of that meter label is a matter that was not addressed within the link and due to the limited collector population that would be interested in meters, the value may or may not be significant (remember, supply and demand is at work so even if it was "catalog valued" at a high amount, the market for such an item is limited which would have to be factored into any valuation quote.) Also keep in mind that the usage of that meter by a bank is probably the most common business that would have had need for the use of "Registered Mail" so that, too, would need to be considered.

As for storage, I'd keep the item in a Vario page within a looseleaf binder or else in a stamp stockbook of some type. You can put it away until you either have an interested buyer or until you are able to gain further information on the true value of the item ... but as we stamp collectors all know ... "value" is a relative thing.
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Rest in Peace
United States
7097 Posts
Posted 07/25/2012   07:20 am  Show Profile Bookmark this reply Add I_Love_Stamps to your friends list  Get a Link to this Reply
Why thank you. I understood most of it but didn't understand why it was scarce that's all. I owe you one for all your hard work and effort helping me out all these years. -Jeff
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Bedrock Of The Community
United States
12128 Posts
Posted 07/25/2012   08:51 am  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
One additional piece of information if you're not familiar with the demise of the user of that postage meter label, the Continental Illinois National Bank and Trust Company of Chicago:


Quote:
The Continental Illinois National Bank and Trust Company was at one time the seventh-largest bank in the United States as measured by deposits with approximately $40 billion in assets. In 1984, Continental Illinois became the largest ever bank failure in U.S. history, when a run on the bank led to its seizure by the Federal Deposit Insurance Corporation (FDIC). Continental Illinois retained this dubious distinction until the failure of Washington Mutual in 2008 during the financial crisis of 2008, which ended up being over seven times larger than the failure of Continental Illinois.
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Edited by wt1 - 07/25/2012 08:52 am
Rest in Peace
United States
7097 Posts
Posted 07/25/2012   2:59 pm  Show Profile Bookmark this reply Add I_Love_Stamps to your friends list  Get a Link to this Reply
Wow! That's a colossal loss of funds right there!
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