This first denomination of the Huguenot-Walloon Issue has as its subject the ship ‘Nieu Nederland’ that brought the Walloons to their new settlement in 1624. The settlement, now in the state of New York, was called 'New Netherland'.
As a single, the 1-cent stamp typically paid the one-cent card rate. It was also commonly used with other denominations to fulfill large-weight and foreign destination rates. An estimated total of over to 51 million stamps of the one-cent issue were printed by the Bureau of Engraving and Printing and issued to the public.