Quantcast In Commemoration of the Inauguration of the United States Postal Service Commemorative Medal and Cachet (Franklin Mint, 1971) Current Market Value.

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In Commemoration of the Inauguration of the United States Postal Service Commemorative Medal and Cachet (Franklin Mint, 1971)


NOTES

39mm. The set included a postal cachet and medal enclosed in a special leatherette display wallet. Certified July 1, 1971. On this date, the Post Office reached a historic landmark when it ceased operation as a governmental function and became a service industry. President Richard Nixon appointed Winton M. Blount as the first Postmaster General of the U. S. Postal Service and Chairman of its Board of Governors.

To commemorate the inauguration of the new United States Postal Service, the National Association of Postmasters of the United States and the National League of Postmasters issued a commemorative medal in combination with a pair of historic stamp cancellations.

The Proof-quality medal, struck by the Franklin Mint in solid sterling silver, features the portraits of both Benjamin Franklin and Winton M. Blount. The reverse of the medal bears the seals of both the U.S. Post Office Department and the U.S. Postal Service together with the signatures of Messrs. Franklin and Blount.

The stamp in the left-hand window of the desk-top display depicts the Grand Union flag flown in 1776 when Benjamin Franklin was our first Postmaster General. This stamp was individually hand-cancelled at Philadelphia, the original headquarters of the U.S. Post Office Department, on the last day of that department's existence---June 30, 1971.

The stamp on the right illustrates today's 50-star flag, under which Winton M. Blount became the first Postmaster General of the hew U.S. Postal Service. This stamp was individually hand-cancelled at Washington, D.C., the headquarters of the new U.S. Postal Service, on the first day of its existence---July 1, 1971.

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