A Stock Transfer Cancel On A Documentary Stamp?

I didn't think that users were allowed to do this.

Jim

nice

Jim,

What regulation might have forbid this sort of thing? I have always assumed that the regulations beginning with the Civil War era stamps required the identity of the user or at least the initials and the date. If that flowed off the stamp onto the document that was okay. But I do not recall any regulation that said that anything else was forbidden.

The bigger question is why would someone bother to make up a handstamp like this? Stock Transfer stamps were discontinued in 1952; why would someone do this in 1962????

This is the only thread I can find about these cancels. RDs were certainly available at the time these were used...

These are not canceled. They are "overprints of dubious origin. To my knowledge they have never been seen used, let alone on a document. Th original post stamp is canceled; apparently someone wanted to make sure everyone knew what it was used for.

True, my apologies for using the wrong term. The only "cancelled" one among the group is the R229. I have about twelve of the boxed dated handstamps, with dates from July 1929 to November 1931.

I was looking from my phone earlier, so I did not see them as clearly as now. Still, they are just rubber stamps which anyone could make any time they wanted to. There would still have to be some used on document seen in order to authenticate them.

Let us remember that stock transfer stamps were only available for transactions that took place on a Stock Exchange. Not all transfers of ownership of a stock took place on a stock exchange! Estates were often settled with legal counsel and a stock exchange was unnecessary! When my father's estate was settled some bank stock in a local bank where he lived were transferred to one of his younger sisters (whose daughter happened to work for that local bank). Up to 1952 stock exchange stamps could not have been used on such transfers of ownership.

I am less skeptical than Bart about these stamps with 'cancels' that have the words Stock Exchange in them.

Then why after 71 plus years are there no known on a certificate? Surely they can't have ALL been soaked off. Uncounted millions of shares traded outside of exchange's over 5 decades and not one single example. It's not as if no one was looking, there were plenty of serious revenue collectors out there.

No one has really picked up on it yet, but the third stamp in the same style reads stock issue. It's one of half a dozen I have of those.