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 The Twenty-four Cent U.S. Bank Note Identification Guide

Scott 164 Proof - 24c Bank Note


Twenty-four Cent Winfield Scott 
Bank Notes of 1870
Perforated 12 

Scott Number Date of Issue Earliest Known Usage Paper Type Printer Secret Mark Grill
142 1870 7/11/1872 Hard White National No Yes
153 April 1870 11/18/1870 Hard White National No No
164
see below
1875 not known Hard White
Ribbed
Continental No No
175 1875 Special Printing Hard White Continental No No
200 1880 Special Printing Soft Porous American No No

Follow these steps in the identification of your twenty-four cent Bank Note:

There is no need to check the paper type on this stamp, all regularly issued 24¢ Bank Notes were printed on the "hard white" paper. In fact, there is little need to check for anything at all, the stamp is Scott 153

In the very unlikely event that the stamp has a grill, it might be the exceptionally rare Scott 142. Care must be taken when authenticating the grill. Many fake grills have been added over the years in an attempt to increase the value of the stamp, although this stamp is so rare that purchasing this stamp without certification is sheer folly.

Only one copy has been certified as being the Continental printing, Scott 164, and this certification is merely an opinion and not held by all. There is no way to tell the National from the Continental printings by examination of the printing, however it is thought that if a 24c is found printed on a paper that National did not use, for example a "ribbed" paper, the stamp must be a Continental Scott 164. Such is the case for the one known example.

Watch for re-perforation (to fake a more well-centered stamp), for re-gumming (a major problem with the Bank Notes), and even for bleaching of the cancellation (to remove the cancel). Unused copies carry a substantial premium over the used stamp.

We include the "Special" printings in this identification guide merely for completeness. Only 286 copies total of Scott 175 and 200 were sold, and they were never issued for postal use. We occasionally see uncertified copies of these stamps offered for sale at ridiculously low prices. You can rest assured that the stamp being offered is not genuine. These stamps are so rare, only 165 are known, they rarely come up for sale, except in the sale of a major U.S. Collection. 




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