Penny Black print run was 286,700 sheets, containing a total of 68,808,000 stamps. Many were saved, and in used condition they remain readily available to stamp collectors. The only known complete sheets of the Penny Black are owned by the British Postal Museum. In addition to the general issue of the Penny Black, a similar stamp intended for official mail was produced, with the letters "V" and "R" replacing the crosses in the top corners. Because the general public quickly accepted the postage stamps and ridiculed the Mulready stationery produced at the same time, vast supplies of Mulready letter sheets were given
Penny Black known on cover dated 1 May 1840. All London post offices received official supplies of the new stamps but other offices throughout the United Kingdom did not, continuing to accept payments for postage in cash for a period. The Penny Black lasted less than a year. A red cancellation was hard to see on the black design and the red ink was easy to remove; both made it possible to re-use cancelled stamps. In February 1841, the Treasury switched to the Penny Red and began using black ink for cancellations instead, which was more effective and harder to remove. However,