The Greater Philadelphia Chapter discusses License and Royalty Stamps
2013-NOV-16…The fourth meeting of the Greater Philadelphia chapter of the USPCS was held. Members met at the Community Room at Hershey’s Mill in West Chester (thanks to Bill Schultz). Eric Jackson, the new Regional VP for Pennsylvania and Delaware, spoke to all about License and Royalty stamps, something akin to Revenues. These were colorful and fascinating stamps, issued not by the U.S. government, but by one business to another, to show that the license fee or royalty for a patented item had been paid. Eric showed not only a wide variety of “off-item” stamps, but in some cases the stamps were still on the item patented, such as linen shirt collars or shoes (reflecting a patent on a manufacturing procedure). A very enjoyable presentation, where we saw items that most of us had never seen, and possibly didn’t even know existed.
