The bill stamps of Canada are the first revenues to be listed by Van Dam and also provide a fine field for the philatelist who is looking to collect beautiful stamps, while having the chance to form large studies of varieties.
There were three issues of bill stamps all shown below:
They were each printed by a different firm, with the Canadian Bank Note Company (CBN) printing the first issue shown in the middle, the American Bank Note Company (ABN) printing the second issue, shown on the right and finally the British American Bank Note Company (BABN) printing the third issue, shown at left. All stamps were printed in sheets of 100. The first issue was in use from 1864-1865, the second from 1865-1868 and the third from 1868 until the 1890's.
The purpose of the bill stamps was to evidence payment of stamp duties on monetary instruments like promissory notes and cheques. The amount of tax required to be paid would, of course vary with the face amount of the instrument. Chequ…