Description

For sale nice collectible hard to find VERY RARE 1 Cent George Washington Green Stamp (Looking Right) with M holes perfin mark you can see on the pictures. in good vintage condition you can see on the pictures from the perfins web site - Perfins used mainly from 1908 until the 1950's , perfins were commonly used in an attempt to discourage theft of stamps by company employees. Perfins originated in England where, unlike the U.S. , one could take unused postage back to the post office and redeem it for cash, In 1968, when they where first allowed use on postage, a penny stamp was a fairly significant amount to a company junior clerk making perhaps 5-10 pence per week. A stamp with a perfin in it could not be redeemed. The use of perfins at least moderated theft from the company because, at least in theory the post office would not accept perfin mail from anyone but the firm that had ownership, But of course there were always ways around the system and letters did get sent. At Minimum it prevented and employee from reselling discounted postage., The wide spread use of postage meters beginning in the 1940's and permit indicia virtually ended the practice of using perfins. thank you for looking and good luck ship with signature on delivery confirmation