1867 (Mar. 26) New York, N.Y. to Bremen, Germany, William P. Wright's New York Cotton Circular sent by Kremelberg & Co. of New York at 2¢ circular rate prepaid to destination by 1873, 2¢ black tied by NYCM geometric cancel, New York large "½" (silbergroschen) h.s. credit to Bremen, carried by NGL Line Union departing New York Mar. 28th to Bremerhaven arriving Apr. 9th, blue "America/über Bremen/Franco" transit, Very Fine. Scott No. 73  Estimate $300 - 400. Circular prepaid to destination in Bremen. Large "½" handstamp of New York, known in red and in black, applied as a result of late 1866/early 1867 negotiations with the Germans that established printed matter rates beyond the GAPU and set U.S. credits per item (recent research by Heinrich Conzelmann). $0 (Image)