Color: Dark Brown Subject: Abraham Lincoln Watermark: Watermarked double-lined USPS Paper: Soft porous paper Printing method: line-engraved intaglio on flat plates Printer:The Bureau of Engraving and Printing Perforations: 12 Scott #: 269 Quantity issued: 76,167,836 Issued: June 5th, 1895
Value
An unused stamp with perfect gum:$75-$150 An unused stamp with gum and a hinge mark: $12.50-$22.50 A used stamp: $1-$2
About the First Bureau stamps
Essay #254E1
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The 1894 Series, known as the "First Bureau Issue," marked the first time the U.S. government printed its own postage stamps, ending the 47-year monopoly of private contractors. Produced by the Bureau of Engraving and Printing (BEP), this series used existing designs but introduced small, unique "triangles" in the corners of the stamps to distinguish them from earlier American Bank Note Company issues.
The BEP, which had been established in 1862, successfully bid for the contract to print postage stamps, overcoming intense opposition from private firms that claimed the government was incapable of the work. The BEP reused the 1890–1893 stamp dies. The most defining feature of this series is the addition of small triangles in the upper corners of the designs.
The Bureau of Engraving and Printing introduced the watermarked paper—which featured the letters "USPS" (United States Postage Stamp) in double-lined letters—shortly after discovering counterfeits of the 2-cent stamp. The counterfeits were lithographed and as such were easily identified, however the appearance of counterfeits must have spooked the Bureau.
Usage
A bisected #269 on cover
The 4¢ stamp was commonly used to pay the double rate for 1 ounce rate and was used in combination with other stamps to pay a higher rate. IT was often used as a pair to pay the 8¢ registration rate before the 8¢ stamp was issued in 1893.
Between 1895 and 1916 the U.S. government used two different watermarks, double line and single line with the letters "USPS".
By placing the watermark face down on a dark surface or holding it up to bright light you might be able to see the watermark. If you cannot see the watermark it might be a good idea to invest in watermark fluid and a watermark tray. Ronsons lighter fluid works just as well as watermark fluid. Both fluids evaporate quickly.
Pour a little fluid in the tray, lay the stamp face down. In a few seconds the stamp will absorb the fluid and reveal the watermark to you.
As you will see from the illustrations the letters can span several stamps, so on the watermark, for instance, you can see only part of the letter S in one corner and only part the letter P in the other corner.
The Inspiration for the Design
Photo of Abraham Lincoln by Mathew Brady
The vignette on the original is based on a photograph of Abraham Lincoln taken by Mathew B. Brady. This is different from the Brady photograph used in previous Lincoln stamps.