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VERY FINE. THIS IS AMONG THE FINEST OF THE FEWER THAN FIVE REPORTED SURVIVING EXAMPLES OF THIS 30-CENT DRAKE'S PLANTATION BITTERS ENCASED POSTAGE STAMP.
Col. Patrick H. Drake and Demas Barnes formed a partnership sometime around 1862 to manufacture and market Drake’s Plantation Bitters. Their partnership ended in 1867, and Plantation Bitters was sold thereafter by P.H. Drake & Co. The digestive aid — made with 38% alcohol — was sold in a distinctive log cabin-shaped bottle. This bottle design was patented in 1862, and Plantation Bitters was one of more than 40 cabin-shaped bitters bottles produced by various makers.
Ex Ford (where the stamp color was described as "typically faded," an opinion with which we disagree) and Summit (Image)
EXTREMELY FINE. A CHOICE EXAMPLE OF THE 24-CENT GAULT ENCASED POSTAGE STAMP.
During the Civil War, in response to speculation and hoarding, all forms of coins — silver, gold and even copper-nickel — disappeared from circulation, making transactions of one or two dollars difficult. Postage stamps, with a face value good for a government service, helped fill the void, but the use of stamps as currency was impractical, because the paper and gum made handling difficult. Postage envelopes were printed to hold stamps, but these paper envelopes were also problematic. John Gault, seeing opportunity, filed his patent for a Postage Stamp Case” on July 24, 1862. A few weeks later, on August 12, he was granted patent No. 1627. Gault’s New Metallic Currency” was promoted through Horace Greeley’s Tribune and other newspapers, and they soon became not only a form of currency, but an advertising medium for merchants, hotels and other businesses.
With 2000 A.N.A. certificate (Image)
VERY FINE. ONLY TWO OR THREE OF THE 12-CENT IRVING HOUSE RIBBED-FRAME ENCASED POSTAGE STAMPS ARE KNOWN.
The Irving House was the only New York City hotel to order Gault’s encased postage. The new” Irving House hotel, located on the corner of Broadway and 12th Street, advertised its European Plan,” which allowed guests to pay a flat rate for the room, with additional charges for meals and other services. George W. Hunt took over as proprietor in 1862, and he brought in restaurateur Charles W. Nash to manage the food and catering services. Nash left in 1863 to open his own restaurant. The Irving House encasements have Hunt & Nash” as the proprietors. Examples are known with ribbing and non-standard postage, indicating they were made very early in Gault’s production.
The Ford sale catalogue (Stack's 6/23/2004, lot 528) reports "two or three known" of the 12c Irving House with ribbed frame.
Ex Summit (Image)