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    Description

    Encased Postage and Fractional Currency Forerunner

    Philadelphia, (PA)- Long's Varieties 1¢ Postage Stamp with Civil War Era Ad Back Very Good.
    This fascinating and rare scrip piece came from the Len Glazer collection originally. As Civil War currency, Len recognized it as a forerunner of Encased Postage Stamps and Fractional Currency. Not all Encased Collectors have embraced this intriguing type, but sophisticated students have. A plated example in comparable condition is seen on page 49 of Fred Reed's, Civil War Encased Stamps The Issuers and Their Times. That example also displays similar foxing observed on this piece. This piece measures approximately 23mm by 28mm as Mr. Long affixed an 1861 1¢ blue Franklin stamp (Scott 63) to a piece of thin cardstock with his name and address printed on the other side. Long's Varieties was a theatre that operated in Philadelphia from 1859-1900 and was located at 756 and 758 South Third Street. It also issued paper scrip notes. Len obtained this directly at the Summit Collection sale held at Siegel Philatelic Auctions in NYC in April 2008 for a low four-figure sum. Missing from the Ford X sale; its rarity is certainly explained by its small and delicate nature. We have sold one other, also foxed along the edges, for $977.50 in 2010. This lot presents a rare opportunity to acquire one of these fascinating pieces of emergency scrip. Uncertified, solid overall, but with foxing as observed on three others we have viewed over the years.


    Auction Info

    Auction Dates
    September, 2019
    24th Tuesday
    Internet/Mail Bids: 11
    Lot Tracking Activity: N/A
    Page Views: 537

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