Color: Blue Subject: Zachary Taylor Paper: Yellowish wove hard paper Printing method: line-engraved intaglio on flat plates Printer:Continental Bank Note Co. Perforations: 12 Scott #:179 Quantity issued: 15 million EDU:July 10th, 1875
Value
An unused stamp with perfect gum:$450 An unused stamp with gum and a hinge mark: $25-$35 A used stamp:$4-$10
About the large bank note stamps
A National Bank notes from 1870
Click image to enlarge
"Large Bank Note" stamps refers to a major definitive series of postage stamps issued between 1870 and 1890. They are called "Bank Notes" because they were produced under contract by three private security printing firms—the National, Continental, and American Bank Note Companies—before the Bureau of Engraving and Printing took over production in 1894.
Key Characteristics Size: They are called "Large" to distinguish them from the "Small Bank Notes" (or "Baby Bank Notes") issued from 1890 to 1894, which were reduced in size to cut production costs. Paper and Grills: Early issues (National) often feature "grills" (embossed patterns intended to prevent reuse), while later issues moved from hard paper (National and Continental) to soft porous paper (American). Secret Marks: To identify which company printed which stamp, "secret marks" (tiny design modifications) were often added to the original plates when contracts changed hands.
Historical Timeline National Bank Note Co. (1870–1873): The original printers who introduced the designs. Continental Bank Note Co. (1873–1879): Took over the contract and added secret marks to the 1¢ through 15¢ denominations. American Bank Note Co. (1879–1890): After merging with Continental, they printed the same designs on soft porous paper and later introduced re-engraved versions with slightly modified details.
Usage
#179 on cover to Spain
The 5¢ denomination was issued to satisfy the postal rate to foreign countries in the Universal Postal Union. The new rate went into effect on July 1, 1875. It rendered the 7¢, 12¢ and 24¢ stamps useless and created the need for a new 5¢ issue..
#179a, #179b + Plate crack
Double Paper #179a
Click image to enlarge
Grilled (J grill) #179b
Click image to enlarge
Cracked plate
Plates
#179 was issued with the following plate #'s
243-244, 247-258, 284, 306
The Inspiration for the Design
Mathew Brady’s photograph of Zachary Taylor
The central image features Zachary Taylor, the 12th U.S. President. The portrait was engraved by the Continental Bank Note Company, which held the federal printing contract at the time.
Portrait Source: The design for the 5¢ Zachary Taylor stamp was inspired by a photograph taken by Mathew Brady, which was likely based on a daguerreotype portrait. Design Context: The stamp was produced as part of the "Bank Note" series to meet new international postal rates mandated by the Universal Postal Union, which went into effect on July 1, 1875.