Monday, January 16, 2017
Transportation Series Coil Stamp 16.9.1988
Although elevators are restricted in their range of travel, during the past century and a half they have greatly improved the way we live and work. As Lawrence J. Gavrich of Otis Elevator Company pointed out, "...Without the elevator...cities would not have been able to grow up as well as out...and structures like the Eiffel Tower and Empire State Building would be the stuff of science fiction.
The Transportation Series. A ground-breaking stamp was quietly issued on May 18, 1981. For the first time in U.S. history, a coil stamp featured its own unique design rather than simply copying that of the current definitive stamp. Fifty more coil stamps would be issued over the course of the next 15 years, each picturing a different mode of transportation.
The various denominations provided face values to exactly match the rates for several categories of Third Class mail (bulk rate and quanity-discounted mail). As the rates changed, new stamps with new values were added. Never before had a stamp series included so many fractional cent values.