FLOAT

FLOAT 100 · Stamps · No. 75

Moldavia 'Bull's Head' (Cap de Bour)

Moldavia printed its first stamps on a hand press in Iasi in 1858, with an aurochs head as their emblem; most of the unsold stock later burned in Bucharest, and in 2009 the national museum found hundreds of its own Bull's Heads had been swapped for fakes.

Year
1858
Maker
Principality of Moldavia
By price in stamps
52 of 100
Market asking price, not a sale · May 26, 2014$55,000This is not a sale. It is an asking price, and no transaction is recorded at this figure.

Create a free account to see every recorded price and every grade.

Create a free account
What it is
The 'Cap de bour' (aurochs head) stamps of the Principality of Moldavia, Romania's first stamps
First issue
27, 54, 81 and 108 parale, printed July 15, 1858, on sale until October 1858
Second issue
5, 40 and 80 parale, from November 1, 1858, to May 1, 1862
Printing
Hand press at the stamp workshop in Iasi, imperforate, sheets of 32
First-issue printing
24,064 stamps; only 709 of the 81 parale were sold
Known first-issue stamps
687 recorded in collections in a 1994 study
80 parale
Second-issue value printed in blue on bluish paper; 60,072 printed
The greenish-blue copy
An 80 parale on an unrecorded greenish-blue paper was offered at auction in Geneva in May 2014 at $55,000

A principality's first act of statehood

Postal reform in Moldavia followed the Treaty of Paris of 1856, and the principality issued stamps immediately upon gaining autonomy in 1858. Its first postage stamps, known in Romanian as 'cap de bour,' or aurochs head, were printed on July 15, 1858, and put into circulation on July 22, 1858. They have been described as Moldavia's first exercise of autonomous statehood, and they came before the first stamps of the Ottoman Empire (1863), Greece (1861), Serbia (1866) and Bulgaria (1879).

The first issue had four values: 27, 54, 81 and 108 parale. The values matched French postal tariffs, at an exchange rate of 108 parale to the French franc. The design is round and shows the aurochs head from Moldavia's coat of arms with a five-pointed star between the horns, a post horn, the value, and the inscription 'PORTO SCRISORI' in Romanian Cyrillic letters.

The first issue lasted only a few months and was withdrawn at the end of October 1858. A second issue of 5, 40 and 80 parale came in with a single postal tariff on November 1, 1858, and was withdrawn on May 1, 1862. Its design put the head and horn inside a rectangle with rounded corners, with a six-pointed star and the inscription in Latin letters; the 5 parale reads 'PORTO GAZETEI' for newspapers and the 40 and 80 parale 'PORTO SCRISOREI' for letters. After Moldavia and Wallachia united, a new design showed the emblems of both principalities side by side.

Printed by hand in Iasi

The stamps were printed at the stamp workshop in Iasi on a press bought in Vienna in 1857. Four steel dies, costing 389 lei, were ready by July 1, 1858; the engraver is unknown. The paper was imported from Bath, in England. Each sheet held 32 stamps in four rows of eight, with tete-beche pairs, stamps printed upside down relative to each other, in the center. The stamps were imperforate, and post offices cut them apart with scissors.

Each value of the first issue had its own ink and paper: the 27 parale black on rose-tinted paper, the 54 parale blue on greenish paper, the 81 parale blue on bluish paper and the 108 parale blue on light rose paper. In the second issue the 5 parale was printed on rose-tinted paper, the 40 parale on greenish paper and the 80 parale on bluish paper.

The first issue was tiny. 24,064 stamps were printed: 6,016 of the 27 parale, 10,016 of the 54, 2,016 of the 81 and 6,016 of the 108. Sales were 3,691 of the 27 parale, 4,772 of the 54, just 709 of the 81 and 2,574 of the 108. The second issue was much larger, with 23,040 of the 5 parale, 106,032 of the 40 parale and 60,072 of the 80 parale.

Fire, collectors and forgers

What did not sell was stored. Some 12,308 stamps were deposited at postal headquarters, then moved to the old central post office on Strada Doamnei in Bucharest, where the stock was destroyed by fire in 1874. A 1994 study counted 687 first-issue stamps in collections: 176 of the 27 parale, 262 of the 54, 62 of the 81 and 187 of the 108.

The great collectors chased them. Philipp von Ferrary owned 13 at one point, and his posthumous sales offered 32. William Beilby Avery owned at least 21 first-issue stamps. King Carol II of Romania bought a unique 27 parale tete-beche pair in 1935 for £1,000, and Fritz Heimbuchler owned 45 first-issue stamps before his collection was sold in 2010. Some examples went to the British Museum; others were seized by Soviet troops during World War II and disappeared.

In 2009 Romania's National Philatelic Museum found that many of its own Bull's Heads had been replaced with suspected forgeries: 215 stamps of the first series and 660 of the later ones. In 2007 a copy of the November 11, 1858, issue of the newspaper 'Zimbrul si Vulturul' franked with eight 5 parale stamps of the second series sold for 750,000 euros.

The 80 parale on greenish-blue paper

This entry is the 80 parale in a rare paper variety. The 80 parale belongs to the second issue of November 1858, not the first round issue of July 1858. Its normal paper is bluish, described in a 2014 auction report as lilac-bluish and itself exceptionally rare.

In May 2014 an 80 parale on an unrecorded greenish-blue paper led a sale in Geneva, offered at $55,000. The auction house suggested the shade was 'possibly a rare shade between' the usual papers, which arose when the printing office bought and used different papers. The same report said only 95 unused examples are known; it does not make clear whether that count refers to this value or to the Bull's Heads in general.

Genuine Bull's Heads are imperforate and were printed on a hand press. Forgeries exist in quantity, as the national museum's discovery showed. One 2010 estimate put an authentic Bull's Head at between 5,000 and 100,000 euros.

The numbers

First issue date
Printed July 15, 1858; in circulation July 22, 1858
80 parale issue
Second issue, November 1, 1858, to May 1, 1862
80 parale printing
60,072
First-issue printing
24,064 (27p 6,016; 54p 10,016; 81p 2,016; 108p 6,016)
Sheet
32 stamps, four rows of eight, tete-beche pairs in the center
Paper
Tinted paper imported from Bath, England; 80 parale normally on bluish paper
Separation
Imperforate
Known first-issue stamps
687 (1994 study)

Timeline

  1. The Treaty of Paris is signed, followed by postal reform in Moldavia.

  2. Moldavia buys a printing press in Vienna.

  3. Four steel dies are ready.

  4. The first Bull's Head stamps are printed in Iasi.

  5. The stamps are put into circulation.

  6. The first issue is withdrawn.

  7. The second issue, including the 80 parale, arrives with a single postal tariff.

  8. The second issue is withdrawn.

  9. Unsold stock burns in a fire at the old central post office in Bucharest.

  10. King Carol II buys the unique 27 parale tete-beche pair for £1,000.

  11. A study counts 687 first-issue stamps in collections.

  12. A newspaper franked with eight 5 parale stamps sells for 750,000 euros.

  13. The National Philatelic Museum finds hundreds of its Bull's Heads replaced by forgeries.

  14. Fritz Heimbuchler's 45 first-issue stamps are sold.

  15. An 80 parale on greenish-blue paper is offered at auction in Geneva.

The world in 1858

  • Bernadette Soubirous reports her first vision at Lourdes.

  • Minnesota becomes the 32nd U.S. state.

  • The Treaty of Tientsin ends the first phase of the Second Opium War.

  • The Government of India Act transfers the East India Company's territories to the Crown.

  • London approves a modern sewer system after the 'Great Stink.'

  • The first transatlantic telegraph cable is completed.

  • The first Lincoln-Douglas debate is held in Illinois.

Price record

DatePriceKind
May 2014$55,000Asking price, not a sale80 parale on an unrecorded greenish-blue paper, offered as the lead lot of a May 26-30, 2014, sale in Geneva. Reported before the sale; no realized price found.

This is an asking price, not a sale. It is what a seller wanted on the date shown. Asking prices often sit above what buyers pay, but an ask is not a ceiling: a sale can land on either side of it. It is not a value.

By reference price, Moldavia 'Bull's Head' (Cap de Bour) is number 52 of 100 in the stamps entries of the FLOAT 100. 82 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (75 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • Only 709 of the 81 parale were ever sold.
  • The paper for Romania's first stamps came from Bath, England.
  • Unsold Bull's Heads were lost in an 1874 fire in Bucharest.
  • In 2009 Romania's own philatelic museum found more than 800 of its Bull's Heads had been replaced with suspected fakes.
  • Moldavia issued stamps before the Ottoman Empire, Greece, Serbia or Bulgaria.
  • King Carol II paid £1,000 in 1935 for the only known 27 parale tete-beche pair.
  • A single newspaper franked with eight Bull's Heads sold for 750,000 euros in 2007.
How this page is made
The figure
One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
The story
Researched from published records and checked fact by fact. Updated Oct 3, 2026.
Archive
Oct 5, 2026