Colors:Green Subject:George Washington Printing Method: Flat Plate Paper: Hard white wove paper Printer:National Bank Note Co. Perforations: 12 Watermark: none Scott #:147 Quantity Issued: 1 Billion Issued: March 1, 1870
Value
An unused stamp with full gum:$250 - $450 An unused stamp with hinge mark on the gum:$25-$35 A used stamp:$1-$3
Usage
#147 canceled by bold 5-bar grid, with "Nagasaki, Japan cancel
Usage In 1870, the 3¢ George Washington green stamp was primarily used to pay the standard domestic first-class letter rate.
Domestic Letters: It paid the single-weight rate for a first-class letter weighing up to one-half ounce.
Uniform Rate: Following postal reforms in 1863, this 3-cent rate applied to all domestic letters regardless of the distance they travelled.
Combination Rate:The stamp was frequently used in multiples or combined with other denominations to fulfill higher costs, such as the 6¢ double rate or international mail to foreign destinations with more expensive rates.
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.
The Inspiration for the Design
George Washington bust by Jean-Antoine Houdon
Created in 1785 by French sculptor Jean-Antoine Houdon, the bust of George Washington is considered the most accurate likeness of the first U.S. president. Based on a life mask and clay model made at Mount Vernon, it captures Washington at age 53 with precise facial details, blending a Roman, toga-style aesthetic with realistic aging. It is considered one of the most accurate representations of Washington.