Monday, May 6, 2019

Denver exhibition shows New York Stamp Taxes on Bonds

" Bonds bearing New York’s Mortgage Endorsement, Secured Debt and Tax on Investments stamps are arguably the most visually stunning items ever to bear stamps. "

Secured Debt 25¢, 75¢, $3.75 and $7.50 issued in 1916 to enable payment of the 75¢ per $100 tax rate 
courtesy Michael Mahler

Author Michael Mahler is an expert in American fiscal philately : "For a century the stunning bonds and the stamps they bore were unknown to philatelists. Only now, one hundred years later, these stamps and the bonds that bear them, have emerged as a significant subfield of fiscal philately."  

Each type of stamp discovered tells its own chapter in the fiscal history of the State of New York. With a unique exhibit of bonds bearing these stamps, Michael Mahler will participate in the 2019 George Brett Cup Competition

This $50,000 bond from the United States Steel Corporation was issued in 1901 to Andrew Carnegie. The bond is stamped with Secured Debt $100 (x2) and $50 (upper right corner). The stamps were canceled July 23, 1912, but the bond was canceled only a year later. 
courtesy Michael Mahler

The George Brett Cup competition, for best 20th century philatelic exhibit, is organized at the annual ROMPEX show in Denver May 24-26. 

The New York State Stamp Taxes on Bonds, 1910-1920 exhibit features 40 display panels of about 18x24 inch, each one having one to four bonds. Probably about 120 bonds will be on display. 

New York Stamp Taxes on Bonds, 1910-1920 
book by Michael Mahler 

Michael Mahler wrote also a book on this topic. New York Stamp Taxes on Bonds 1910-1920 counts more than 200 pages and is illustrated with hundreds of color images of bonds and stamps. 

The book can be ordered from Amazon here. But, if you know the International Bond & Share Society, you should check out the IBSS site. For Michael Mahler has provided a PDF version of his latest book there.

Good luck to Michael with the exhibit competition !


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