Discounts on Civil War Revenues
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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
discount
was allowed on the revenue issues during the late sixties, at least,
and
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
Sloane's Column Stamps January 18, 1936 Posted August 27, 1999 Index of 508 Notes from the Past Note: If the link isn't returned the first try, try again. Comments? Send me an e-mail |