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Waterman Pen Encased Stamp, 5 Centimes
uncommon1900-1945

Waterman Pen Encased Stamp, 5 Centimes

France · 1920 · 5 centimes

A circular metal casing encasing a French 5 centimes Sower stamp, featuring an advertisement for Waterman Ideal Pens by Kirby, Beard & Co Ld of Paris.

This 'timbre-monnaie' served as emergency currency during coin shortages in the early 20th century, while also functioning as a promotional item for Waterman pens.

Image: Unknown · License: CC0

Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$300
Extremely Fine(XF)

Well centered, fresh colors

$180
Very Fine(VF)

Nicely centered, minor flaws

$100
Fine(F)

Average centering, acceptable

$50
Good(G)

Off-center or visible wear

$20

Prices are approximate market estimates for educational purposes. Actual values depend on specific factors including cancel type, margins, and provenance.