Introduction
Hey there, readers! Welcome to our comprehensive guide on revenue stamps NC. Whether you’re a seasoned collector or just getting started, you’ll find everything you need to know about these fascinating pieces of history.
Revenue stamps NC, also known as Documentary Revenue Stamps, were used in North Carolina from 1868 to 1959. They were affixed to various documents to indicate that the appropriate tax had been paid.
Section 1: History of Revenue Stamps NC
Origins and Purpose
The Revenue Act of 1862 authorized the federal government to issue revenue stamps. States like North Carolina followed suit, implementing their own revenue stamp laws. These stamps were used to tax a wide range of items, including tobacco, liquor, and legal documents.
Evolution and Decline
Over the years, the design and application of revenue stamps NC evolved. The early stamps were simple in design, featuring the state seal or a portrait of George Washington. Later stamps incorporated more elaborate artwork and security features. The use of revenue stamps declined in the 20th century due to the rise of electronic tax collection systems.
Section 2: Types of Revenue Stamps NC
Documentary Stamps
Documentary stamps were the most common type of revenue stamps NC. They were affixed to legal documents such as deeds, mortgages, and contracts to indicate that the tax had been paid.
Proprietary Stamps
Proprietary stamps were used to tax specific industries. For example, liquor stamps were required on all bottles of alcoholic beverages sold in North Carolina.
Playing Card Stamps
Playing card stamps were affixed to decks of playing cards to indicate that the tax had been paid. These stamps often featured colorful designs and were popular among collectors.
Section 3: Collecting Revenue Stamps NC
Acquisition and Identification
Revenue stamps NC can be found in various places, such as antique stores, flea markets, and online auctions. Collectors can use stamp catalogs and reference books to identify and value their stamps.
Storage and Preservation
Proper storage and preservation are essential to maintain the value and condition of revenue stamps NC. Stamps should be kept in acid-free albums or envelopes and stored in a cool, dry place.
Table: Revenue Stamps NC Characteristics
| Type | Purpose | Design |
|---|---|---|
| Documentary | Legal documents | State seal or George Washington |
| Proprietary | Specific industries (e.g., liquor) | Industry-related motifs |
| Playing Card | Dec |
FAQ about Revenue Stamps NC
What are revenue stamps?
Revenue stamps are adhesive labels that were affixed to documents to indicate that a tax had been paid. They were used on a variety of documents, including legal documents, stock certificates, and tobacco products.
When were revenue stamps used in North Carolina?
Revenue stamps were used in North Carolina from 1865 to 1959. The first revenue stamps issued in North Carolina were the "Internal Revenue" stamps, which were used to tax tobacco products.
What do revenue stamps look like?
Revenue stamps come in a variety of designs and colors. They typically feature the state’s coat of arms or other state symbols. Revenue stamps also include the denomination of the stamp and the date of issue.
How can I tell if a revenue stamp is genuine?
Genuine revenue stamps are printed on high-quality paper and have a sharp, clear design. They also have a gummed backing that allows them to be affixed to documents.
Where can I find revenue stamps?
Revenue stamps can be found in a variety of places, including stamp collecting stores, antique shops, and online auction sites.
How much are revenue stamps worth?
The value of a revenue stamp depends on its age, rarity, and condition. Some revenue stamps can be worth hundreds of dollars, while others may be worth only a few cents.
How do I use revenue stamps?
Revenue stamps are no longer used to pay taxes. However, they can be used for decorative purposes or as part of a stamp collection.
Are revenue stamps illegal to use?
It is not illegal to use revenue stamps for decorative purposes or as part of a stamp collection. However, it is illegal to use revenue stamps to pay taxes.
Where can I learn more about revenue stamps?
There are a number of resources available online and in libraries that can provide more information about revenue stamps.
