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Term of the day

Seebeck

The nickname for various Latin American issues produced 1890-99 in contract with Nicholas Frederick Seebeck, the agent for the Hamilton Bank Note Company of New York. Seebeck agreed to provide new issues of stamps and stationery each year at no charge, in return for the right to sell remainders and reprints to collectors. The resulting furor destroyed Seebeck and blackened the philatelic reputations of the countries involved.

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