When American Bank Note Company (ABNCo) received the federal contract to print postage stamps in 1879, Continental Bank Note (CBNCo) relinquished all designs and property to ABNCo. Most of the printing plates had originated with the National Bank Note Company. CBNCo had only created one original stamp design—the 5-cent Zachary Taylor. Because the stamp and its plate were original to CBNCo, the company’s secret, distinguishing mark that was always engraved on the National Bank Note plates was not necessary.
The only difference between the original CBNCo stamp and the new ABNCo issue was the paper. CBNCo used a yellowish wove paper for its 1875 Issue, and ABNCo printed its 1879 issue on a soft porous paper.
The U.P.U. international rate had been in effect for four years when ABNCo released its 5-cent Taylor stamp, which was typically used for this purpose. Approximately forty-two million of the 5-cent Taylor were printed by American Bank Note Company.