Posted 1 year ago
I found a partial answer to why at least one of these checks has a postage stamp - apparently it was used to pay a revenue tax - that supported the Spanish-American War. The revenue stamps were slow in being issued - so banks and businesses just substitued a regular postage stamp. Of course the revenue went to the Postal Service and not the Tax service.
Here is a link that explains it better.
However it does not explain the use of the stamps decades earlier - but will assume it is to pay some type of processing fee or tax.
ANTIQUE CHECKS -
Does anyone know why these checks - sans any envelope - have a stamp on them ?
I found these to be pretty interesting little reminders of banking as it use to be.
Hope you enjoy them