1882 US Postage Stamps

1882 5¢ - #205C Special Printing
Printed by the American Bank Note Company


James Garfield
PRINTED BY THE AMERICAN BANK NOTE COMPANY
LARGE BANKNOTE ISSUE
5¢ - Gray brown
Special Printing
2,463 - Soft Porous Paper without gum - Scott #205C - 1882
Only 22 known copies

Value

Unused only available: $55,000-$65,000

WHY IS THIS STAMP CALLED A LARGE BANKNOTE?

This stamp is part of what is known as the 1870-1888 'Large Banknote' issues. Large because a smaller size issue followed
these in 1890. Banknote because the stamps during this period were printed by companies whose primary business was
printing banknotes, a function now taken over by the Federal Government.

WHO WERE THE BANKNOTE COMPANIES?

There were three banknote companies who consecutively printed the large banknote series. The first was the
National Bank Note company and this stamp was printed by them. The second was the Continental Bank Note
Company, and third was the American Bank Note Company. This last company was acquired by the Federal
Government and using their machines took over the job of printing US postage stamps.

THE SPECIAL PRINTING

In 1880 the previous years issues were reprinted in very limited quantities and it was decided in 1882 to continue on this tradition with the stamps issued in 1881.
This was the last issue of special printings. These special printings were handed out to selected dignatories, staff and collectors.

1882 US Postage Stamps