Encased Postage Stamp - Dupont-Merklin 5 Centimes

France · 1900 · 5 centimes

A circular encased postage stamp featuring a 5 centimes French stamp, surrounded by an advertising message for 'Caves Dupont-Merklin' at 35 Rue de l'Annonciation, Paris.

Encased postage stamps like this were used in the early 20th century, often during periods of coin scarcity, serving as both small change and a durable advertising medium for businesses like Dupont-Merklin.