Commemorative stamp of Queen Victoria, although there are no special inscriptions on the stamps, and they were intended as regular stamps. In 1870 Peru issued a 5¢ scarlet Locomotive and Arms stamp and is regarded as the first commemorative postage stamp, issued to commemorate the 20th anniversary of the first railway in South America. Though the United Kingdom often set the precedent for postage stamps and their designs, they were the late runners with the issue of their first commemorative stamp, not issuing one until 1924 when it printed and released the British Empire Exhibition issue of 1924. Other premier commemorative stamps
Postage stamp design and aiding clerks in quick recognition of appropriate postage, postal customers simply expect stamps to carry a design. The fundamental purpose of a stamp is to indicate the prepayment of postage. Since different kinds and sizes of mail normally pay different amounts of postage, the stamps need to carry a value. In a very few cases, the denomination has been omitted; for instance, during the tumults of 1949 China, undenominated stamps were issued, so as to allow the price of a stamp to fluctuate on a daily basis depending on the value of the gold yuan. The usual form of