Penny Black Penny Black The Penny Black was the world's first adhesive postage stamp used in a public postal system. It was first issued in Great Britain on 1 May 1840, but was not valid for use until 6 May. It features a profile of Queen Victoria. In 1837, British postal rates were high, complex and anomalous. To simplify matters, Sir Rowland Hill proposed an adhesive stamp to indicate pre-payment of postage. At the time it was normal for the recipient to pay postage on delivery, charged by the sheet and on distance travelled. By contrast, the Penny Black allowed letters of
Penny in 1816), among them being the shilling, six-pence of silver, the penny, half-penny, and quarter-penny in copper, were introduced to the Cape. Later two-shilling, four-penny, and three-penny coins were added to the coinage. The size and denomination of the 1816 British coins, with the exception of the four-penny coins, were used in South Africa until 1960. Handling and counting penny coins entail transaction costs that may be higher than a penny. It has been claimed that, for micropayments, the mental arithmetic costs more than the penny. Changes in the price of metal commodity, combined with the continual debasement of paper