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Petroleum, 1858-1958

Stamp Info

Name Value
Date of Issue September 10, 1958
Year 1958
Quantity 24,660,000
Perforation or Dimension 12
Printer Canadian Bank Note Company, Limited.
Postal Administration Canada

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Stamp Values/Prices (Beta Mode*)

Condition Name Avg Price
M-NH-VF Mint - Never Hinged - Very Fine
Mint - Never Hinged - Very Fine $0.25
U-VF Used - Very Fine
Used - Very Fine $0.15
* Notes about these prices:
  • They are currently in beta mode, meaning that they should not be relied upon yet as a source of truth and could change frequently. Please notify PSG if you come across values that do not make sense.
  • 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 and might not be fully accurate. The actual value of your stamp may be slightly above or below the listed value, depending on the overall condition of your stamp.

Interesting Details

The designer's initial can be found to the right of the oil refinery. The initial belongs to Alan L. Pollock.

About Stamp

The release of the Oil Development stamp coincided with the World Power conference that convened from 7th September to 11th September, 1958, in Montreal. Canada was host to some seventeen hundred delegates representing fifty two countries.


In the mid-nineteenth century, two men in Canada made valuable contributions to the development of oil. Dr. Abraham Gesner of Nova Scotia discovered kerosene and established its use for illuminating purposes. This discovery of kerosene, (also called coal oil) preceded the commercial production of crude oil. In 1857, James Miller Williams, a businessman from Hamilton, brought the first commercially successful oil well into production in North America. Mr. Williams found the oil lying on the surface in a hardwood swamp near Oil Springs, about twenty miles southeast of Sarnia. As a result of Canadian enterprise the pioneer work in refining petroleum became the basis for modern world-wide petroleum industry.

A stylized portion of an oil refinery printed in red within a drop of oil; to the left another drop enclosing a kerosene lamp of the last century.


Designed by Alan L. Pollock. Picture and lettering engraved by Donald J. Mitchell.

Similar Stamps


Patrick, Douglas and Mary Patrick. Canada's Postage Stamps. Toronto, McClelland and Stewart Limited, 1964, p. 113.

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