Color: Blue Subject: Benjamin Franklin Printing method: line-engraved intaglio on flat plates Printer:The National Bank Note Company Perforations: 12 Watermark: none Type of Grill: E Scott #: 86 Plates: 9-10, 22, 25, 27 Quantity issued: 3,000,000 Issued: First week of March, 1868
Value
An unused stamp with perfect gum:$2,400-$3,250 An unused stamp with gum and a hinge mark: $900-$1,300 A used stamp:$100-$150
E Grill Detail
Over 95% of grills are either E or F grills. The A, B, C, and D grills had proved to be unsatisfactory, mostly due to their presence on the stamp making the stamp difficult to separate. The Z grill did not have that problem but for whatever reason it was printed in very limited quantities. The E grill is often confused with the Z grill as the size of the grill is similar and they are on the same values. Close examination of the E grill will reveal the grills have a vertical orientation as shown above. Whilst the Z grills have a horizontal orientation. Both the E and Z grills have their grill points facing down Points: 15 x 17 points. Size: 11 x 13mm
Usage
Earliest known use of #86, March 9th, 1868 (arrived Ill, 3/11/68)
#86 was primarily used for prepaying the 1-cent postage rate for "drop letters" (delivered within the same post office), circulars, and newspapers during the early Civil War era. It was the standard adhesive for low-weight, local mail and printed matter.
Drop Letters: 1¢ per 1/2 ounce for letters delivered in the same city or town where mailed. Printed Matter: Used for newspapers, circulars, and other printed items. Carrier Fee: Used to pay the fee for local delivery by mail carriers
The Inspiration for the Design
The design of the 1861 US 1¢ stamp (#63) was inspired by a sculpture of Benjamin Franklin, which is currently located in the Pennsylvania Academy of Fine Arts in Philadelphia.
The portrait was modeled after a bust (sculpture) of Franklin, not a painting, contrasting with many other 1861 issues that were modeled after paintings.