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U.S. Stamp: $5 Black Columbian Scott #245 [171371]

Currency:USD Category:Stamps / United States Start Price:250.00 USD Estimated At:500.00 - 700.00 USD
U.S. Stamp: $5 Black Columbian Scott #245    [171371]

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Key to the set, used, F-VF, Black Columbian Scott #245. First Day of Issue: January 2, 1893. Quantity issued: 27,350 (5,506 destroyed). Printed by: American Bank Note Company. The engraving was done by Alfred Jones and Charles Skinner. The 1893 Columbian Exposition stamp series was like nothing before it. The series was used to advertise the Exposition: the first time postage stamps were used to promote a commercial event. The Columbians were the first U.S. commemorative stamps, and they created a worldwide phenomenon. No Gum. Previously hinged. Cancelled. Poor centering. Perforation touches design on bottom.