The American Bank Note 90-cent Oliver H. Perry issue was the third version of the stamp issued. The National Bank Note Company created the plate for this 90-cent stamp to print the original 1870-1871 stamps, and Continental Bank Note Company reused the plate for its 1873 Issue. The ABNCo stamp is only distinguishable from these previous printings by its soft porous paper. The stamp was used primarily in combination with other denominations to fulfill expensive rates. American Bank Note Company printed approximately 215,000 of the 90-cent Oliver H. Perry stamp.
Commodore Oliver H. Perry defeated the British naval fleet in the War of 1812 and in so doing preserved the young American nation. His brother Commodore Matthew Perry forced Japan to open itself to trade with the West and negotiated an 1854 treaty to allow American ships to enter two Japanese ports. United States postage stamps have honored both men. Oliver Perry appeared on twelve stamps and Matthew appeared on one stamp.