40 Cents George Washington Inland Exchange Revenue Stamp, Perforated

United States · 1862 · 40 cents

This 40 cents Inland Exchange revenue stamp, a perforated variety from the First Issue of 1862, features a portrait of President George Washington. It is notable for having a handstamp cancellation, which is less common than the typical manuscript cancellations found on revenue stamps of this period.

Issued during the American Civil War, these revenue stamps were crucial for funding the Union's war efforts through taxation on various transactions. They represent a significant period of fiscal policy in U.S. history.