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Petroleum Industry Commemorative Stamp
common1945-1980

Petroleum Industry Commemorative Stamp

United States · 1959 ·

The stamp features a stylized design representing the petroleum industry, including an oil derrick, a tanker ship, and a refinery, set against a backdrop of the globe.

Issued on August 27, 1959, this stamp commemorates the centennial of the American petroleum industry, marking 100 years since the first commercial oil well was drilled in Titusville, Pennsylvania.

Printing Method

Engraved

Image: Bureau of Engraving and Printing. Designed by Robert Foster. · License: Public domain

Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$2
Extremely Fine(XF)

Well centered, fresh colors

$1.04
Very Fine(VF)

Nicely centered, minor flaws

$0.75
Fine(F)

Average centering, acceptable

$0.5
Good(G)

Off-center or visible wear

$0.21

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