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
Presidents of the United States on U.S. postage stamps postage issues would follow in the following decades. Indeed, in virtually every U.S. definitive stamp series offered between 1851 and 1932, Washington appeared on the normal letter-rate value (the only exception being the short-lived 1869 pictorial issue); other presidents, statesmen and famous Americans were confined to the less commonly used denominations. Since the first U.S. postage stamp was issued by the U.S. Post Office, there have been more examples of George Washington appearing on U.S. postage than all other American presidents combined, including Thomas Jefferson, Andrew Jackson, Abraham Lincoln and even the frequently honored Benjamin Franklin (who was not president).