Oil Development, Western Canada

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Stamp Info

Name	Value
Date of Issue	March 1, 1950
Year	1950
Quantity	10,500,000
Denomination	50¢
Perforation or Dimension	12
Printer	Canadian Bank Note Company, Limited.
Postal Administration	Canada

Stamp Price Values

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prices in CAD

Condition	Name	Avg Value
M-NH-VF	Mint - Never Hinged - Very Fine	View price
M-NH-F	Mint - Never Hinged - Fine	View price
M-NH-VG	Mint - Never Hinged - Very Good	View price
M-H-VF	Mint - Hinged - Very Fine	View price
M-H-F	Mint - Hinged - Fine	View price
U-VF	Used - Very Fine	View price
U-F	Used - Fine	View price
U-VG	Used - Very Good	View price

* Notes about these prices:

They are not based on catalogue values but on current dealer and auction listings. The reason for this is that catalogues tend to over-value stamps.
They are average prices. The actual value of your stamp may be slightly above or below the listed value, depending on the overall condition of your stamp. Use these prices as a guide to determine the approximate value of your stamps.

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About Stamp

This postage stamp design recognized the significance to the national economy of the development of oil in Western Canada. The new issue replaced the 50-cent denomination (logging operations in British Columbia) of the 1946 pictorial series.

Oil Development

A scene depicting two derricks, a sludge flare, and storage tanks among grain stubble. This scene is typical of oil fields in Alberta. In the background are the foothills of the Rocky Mountains.

Creators

Picture engraved by Silas Robert Allen. Designed by Herman Herbert Schwartz.

Similar Stamps

Reference

Patrick, Douglas and Mary Patrick. Canada's Postage Stamps. Toronto, McClelland and Stewart Limited, 1964, p. 90.

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