tonymacg said:
Quote:
I love that parcel label with £E27 worth of stamps. What were they sending? One of the Pyramids?
You're right! King Fuad was willing to dispose of one of the Pyramids privately! *
JK*
Now, I'll try to brief you about this Parcel Card (or as it should be called:
Bulletins d'expédition in French):
At the time the "
£E1" of King Fuad 1st Issue was released (1924), the exchange rate was equivalent to US$4.95 (around £1 and 6 Pence).
Quantity Issued: 140,000 copies
This raises a question of why was £E1 (1924) issued? And how was it used?
The reason has two parts:1) One can speculate the first one to be honoring the new King Fuad with an impressive value.
2) The other was to provide an easier way to pay the postage on the large, very heavy parcels used by banks to settle accounts.
It was customary apply large sums in the form of gold coins, especially in the Middle East, where there was a certain amount of distrust of paper money. Bank to bank shipments of money, and very heavy registered parcels required high postage, even up to £E25!
Now, if want to analyze this Parcel Card we'll find the following elements:- There were 222 Parcels dispatched (mentioned & combined in
one Bulletins d'expédition)
- Each parcel weighed 5K (mentioned in the Bulletins d'expédition)
- Parcels were dispatched to Sudan in 1928.
The Inland Parcel Postal Rates (1923-1939) from Egypt to Sudan was:
Rate Weight65m Up to 1kg
95m 1-3kg
125m 3-5kg (maximum weight)
m = MilliemeThus, we'll get >>> 222 (
parcels) x 125m (
5K per Parcel) = 27750m = £E27 & 750m (
was omitted).
Hope I could be of a help
Posted 07/07/2011 8:15 pm
