Genesis : Page 16


After 1850 the practice rapidly spread throughout thecivilized world. Many collectors have the mistaken im-pression that the older a stamp is the more valuable it is.The stamps and stamped envelopes issued from 1840-1850 are perfect examples of the fact that age has noconnection with the value of a stamp. For example ofthe stamps listed above several can be purchased for lessthan five dollars, one for less than 25^. Of course, onthe other side of the picture a number of those listedabove cost well over $10,000.

ORIGIN OF USE OF POSTAGE STAMPSIN THE UNITED STATES

Strangely enough the use of postage stamps in theUnited States was not inaugurated by the Governmentbut, instead, by a private carrier, one Alexander M.Greig of New York City. Greig established a "City Des-patch Post" on February 1, 1842 which covered NewYork City as far north as 23rd St. (In those days thiswas very nearly the city limits.) Evidences that a similar"city post" existed before this, albeit without the use ofpostage stamps, are noted in Greig's circular announcinghis new post. Greig issued stamps, bearing a portrait ofWashington, printed from line engraved plates.

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