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Promoted item:ASSORTMENT OF 500 COLOR CACHET, U.S. FIRST DAY COVERS LOT #C1

ASSORTMENT OF 500 COLOR CACHET, U.S. FIRST DAY COVERS LOT #C1

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About Fdc

''FDC'' is an acronym used by philatelists to describe ''first day cover'' stamps. A.k.a. ''first day issue,'' a first-day cover is a special-issue stamp designed to ''open'' a new run. Typically, post offices open new stamps in an iconic city. For instance, Canada recently released its most valuable stamp ever, an eight-dollar homage to the grizzly bear, in Banff, Alberta, since northern Alberta is home to a large population of wild grizzlies.Celebratory and commemorative adornments may be added to first-day cover stamps. Stamp collectors should know the distinction between ''first day covers'' and ''earliest known use'' stamps. The earliest known use of a stamp may not coincide with its date of issuance. Stamp buyers may not actually purchase a new stamp until several days after the line has been available at post. (An important aside: some philatelists consider overseas ''covers'' to be yet a third class of stamp.) In times of national disquiet or local catastrophe, first-day issues may not get out to customers for weeks. Perfidious postal officers, as well, have been known to hide stamps from the public in hopes of keeping a few as collector's items. Postal officials have also been known not to notice when new stamps first enter the public arena.As an homage to technology, the United States Postal Service recently started a program to create an FDC for digital postmarks. Once the USPS begins to issue stamps directly over the Internet, philatelists will no doubt once again have to revise their definition of what constitutes an FDC stamp.