The listing, US STAMP MINT NH SCOTT'S # 1072 Andrew W. Mellon has ended.
US STAMP MINT NH SCOTT'S # 1072
Andrew W. Mellon
Date Issued: 1955-10-20
Postage Value: 3 cents
Commemorative issue
Andrew W. Mellon
Andrew W. Mellon
Andrew Mellow was a native of Pittsburgh. At age 17, in 1872, he left what now is the University of Pittsburgh in his final year to operate his lumber business. In 1882, his father transferred ownership of the Thomas Mellon and Sons family bank to him.
Mellon had the ability to recognize possible growth of certain businesses. He aided them financially and watched them grow into large companies. Among those firms he helped to grow were the Aluminum Company of America (ALCOA), the Carborundum Company, the Gulf Oil Corporation, and the Union Steel Company, which merged with U.S. Steel.
Mellon became secretary of the treasury under President Warren G. Harding and reduced the World War I war debt by nine million dollars. He also served as treasury secretary under Calvin Coolidge and Herbert Hoover. In 1937 he gave his $25 million art collection to the U.S. government and donated $15 million for a museum to house it.
note : all stamps shipped asap and/or with in 7 day close of auction.
all item shipped free
pickup : terre haute ,in 47807
mint stamp gum
: unused - a stamp that is not cancelled (used) , yet has had all the original gum removed. on early u.s. issues this is the condition that the majority of mint stamps exist in , as early collectors often soaked the gum off their stamps to avoid the possibility of gum drying and splitting
original gum (og) - a stamp that still retains the adhesive applied when the stamp was made, yet has been hinged or has had some of gum removed.
never hinged (nh) - a stamp that is in " post office " condition with full gum that has never been hinged .