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Stamps (Philately)/Federal Use Tax on Motor Vehicles

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Question
I found a large green and white stamp with an image of the liberty bell in the middle.  From top to bottom it states:
FEDERAL USE TAX
ON MOTOR VEHICLES
$2.09
This stamp expires
June 30, 1942
Keep this stamp
posted on vehicle

stamp transferable
with vehicle

United States
Internal Revenue



Does it have any value and what was it used for?  

Answer
Paul,

Your stamp is the first and most common of the Motor Vehicle Use revenue stamps.  There were 53 in all, issued between February, 1942 and June, 1946.  During World War II, there were shortages nationwide of all kinds of commodities, including gasoline.  The government imposed a motor vehicle use tax during the war years to encourage people to use public transportation, and also help finance the war effort.

Your stamp is designated Scott number RV1.  It has a catalog (retail) value of $1.80 in mint condition (with gum on the back), or 40 cents used (no gum).

-Mark
http://www.forwardedge.com/usmints.html
http://stores.ebay.com/Accent-Art-Glass?refid=store

Stamps (Philately)

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Mark Leon

Expertise

I am a collector of United States postage stamps, and also a stamp dealer. I`m a member of the American Philatelic Society (APS). My principle area of interest and expertise is in United States Stamps.

Experience

I've been selling stamps on the internet since early 1996. I maintain a stamp web page that concentrates on mint US stamps issued generally between 1890 and 2009. I'm an active seller on ebay.com since 1996, under the user id "mleon". You can find my web page at http://www.forwardedge.com/usmints.html

Education/Credentials
I have a Bachelor of Science degree in computer science from the University of Nevada at Las Vegas, 1984.

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