Lot
1054 
(Cancels) "Old Stamps / Not Recognized", two-line handstamp ties 3¢ dull red (26) with bottom selvage, on yellow cover to Detroit Mich., matching "Philadelphia Pa. Sep 13 1861" cds, cover extensively restored, Very Fine appearance, A rare example of the "Old Stamps Not Recognized" handstamp tying the stamp. Estimate $1,500 - 2,000.
Philadelphia was one of the first post offices to receive the new 1861 stamps, and so the 1857 Issue and old-style embossed envelopes. As a result they were demonetized by Philadelphia earlier than at many others. The new 1861 Issue embossed envelopes were announced as available on August 8, with a five-day exchange period expiring on August 13. The new 1861 Issue adhesive stamps were announced as available on August 19, with a six-day exchange period expiring on August 25. After this date, the 1857 Issue stamps and old-style stationery were no longer valid for postage.
Realized: $950