Discounts on Civil War Revenues
In this day
and age, when the government allows
no discount on any kind of its postage or revenue stamps, regardless of
the quantity purchased, it will be surprising to many to learn that a
was allowed on the revenue issues during the late sixties, at least,
possibly even later.
The government allowed a discount of 5% on purchases of $500 or more at one time. This permitted stamp brokers to enter the field.
In an old advertising circular of the period I recently saw, one of these brokers rediscounted the stamps as follows: purchases of $15 would draw a 1% discount, $30, 2%, $50 3%, and $100, 4%. The discounts in all cases were payable only in stamps.
- George B. Sloane
January 18, 1936
Posted August 27, 1999
Note: If the link isn't returned the first try, try again.
Comments? Send me an e-mail