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 Replies: 12 / Views: 2,314 |
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Valued Member
United States
5 Posts |
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Just found two copies of #480 $5 Marshall in a lot. Both are punch cancelled FRB NY, which I assume means Federal Reserve Bank. Does this cancellation lower the value of the stamps, and, if so, by how much?
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Pillar Of The Community
United States
576 Posts |
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Pillar Of The Community
United States
8956 Posts |
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I thought punch cancels are usually used on revenue and/or telegraph stamps ?
Peter |
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Pillar Of The Community
United States
6661 Posts |
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Pillar Of The Community
United States
790 Posts |
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it was probably a security measure to prevent theft. most perf initialed stamps were done for that reason weather they
were used for revenue or postage. |
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Moderator
United States
12330 Posts |
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Pillar Of The Community
United States
2544 Posts |
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FRB NY is not a cancel, it was applied by the bank before use. While some of these perfins are scarce and make stamps more valuable, this one is like most and it materially reduces value. |
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Valued Member
United States
5 Posts |
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Pillar Of The Community
United States
901 Posts |
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Valued Member
United States
5 Posts |
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That's the first I've heard of perfins. My stamps look just like those. I was afraid that they might do more harm than good for values. Thank you very much for your help. |
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Pillar Of The Community
Canada
1324 Posts |
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Valued Member
Austria
283 Posts |
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Pillar Of The Community
Canada
1324 Posts |
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tommtomm - good grief - maybe. I just grabbed that scan from my scan files and didn't see the face for those. Thanks!! |
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Replies: 12 / Views: 2,314 |
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Posted 03/04/2020 5:23 pm
