Key Fact
Description
This is a 15-cent United States postage stamp featuring a profile portrait of James Buchanan, the 15th U.S. President. The stamp is gray and has the text "UNITED STATES POSTAGE" and "15 CENTS" printed on it. It appears to be a commemorative stamp from the Presidential series, issued in 1946. The stamp has a perforation type of 11. Some minor signs of wear are visible, consistent with age and handling.
History
James Buchanan served as the 15th President of the United States from 1857 to 1861, a period marked by increasing sectional tensions leading up to the Civil War. He was a lawyer and politician who held various offices, including U.S. Representative, Senator, and Secretary of State. This stamp, issued in 1946, is part of a series commemorating U.S. Presidents, highlighting their historical significance and contributions to the nation's development. The printing method used was the rotary press.
Facts
The 15-cent denomination of this stamp was significant as it reflected postal rates at the time. Stamps featuring former presidents are common in philately, but Buchanan's presidency is often debated due to his perceived inaction in preventing the secession of Southern states. Its inclusion in the Presidential series makes it a piece of American postal history and a collectible item for those interested in U.S. presidents and postal commemoration.
Value Fact
The market value of this 15-cent James Buchanan stamp (Scott 939) can vary based on its condition and any grading. Unused stamps in fine condition typically command modest prices, often in the range of $0.50 to $2.00. Used examples might be slightly less. Collectors seeking mint condition or exceptionally well-preserved specimens may find them priced higher. Demand is steady within the general U.S. commemorative stamp collecting community.

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