Nice Series 1917 8 cents Franklin Green Stamp, nice oval bullseye cancellation for Los Angeles, CA. Number pencilled on rear.
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In 1916, the Bureau of Engraving and Printing began producing stamps on unwatermarked paper. With the United States already close to a wartime economy as World War I raged in Europe, the lower costs from single mark paper added up to big savings for the Bureau. However, single watermarks on previous stamps were often quite hard to identify, and collectors were slow to recognize that a new type of paper was being used.
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