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FLOAT 100 · Stamps · No. 23

Perot (Hamilton, Bermuda) Postmaster's Provisional

A Bermuda postmaster who would rather have been gardening turned his own postmark into a stamp to stop neighbors from cheating his penny box, and only eleven of his handmade labels are known to survive.

Year
1849
Maker
Bermuda — postmaster William B. Perot, Hamilton
By price in stamps
47 of 100
Realized at auction · Dec 11, 2015$75,000A realized sale: somebody paid it.

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Made by
William Bennet Perot, postmaster of Hamilton, Bermuda, at his post office at Par-la-Ville on Queen Street
Made
Surviving examples are dated from 1848 to 1856; this entry is the 1849 black on bluish-gray paper
How it was made
Struck from Perot's "Hamilton Bermuda" postmark with the month and day plugs removed, leaving only the year; "One Penny" written above and Perot's signature below
Face value
One penny, the local inland letter rate
Known examples
Eleven of Perot's first issue: three dated 1848, two 1849, three 1853, two 1854, one 1856
This type
Only two examples of the 1849 black on bluish-gray paper are recorded
Ink
Black until May 1849, then red; five survivors are black and six are red
Royal Collection
Three of the eleven are in the British Royal Collection
First recorded
1897, nearly fifty years after the first were made
Last public sale of this type
$75,000 at auction in Geneva, December 11, 2015

A penny box and a problem

In the 1840s Bermuda had no postage stamps. Inland letters were prepaid in cash, a penny an ounce under a local act of 1842, and the postmaster of Hamilton was entitled to keep that money. For the first fourteen years of his appointment it was his only pay; from 1843 he also drew a government salary, £50 that year, rising in steps to £100 by 1858, while still keeping the inland postage he collected.

The postmaster was William Bennet Perot, and he spent most of his day in his garden. When a customer came in, his friend James Bell Heyl, an American who ran the apothecary next door, would call him in. For letters posted after hours, Perot set out a box where people could leave their letters along with their pennies. Too often he found more letters than pennies. He could not tell who was shortchanging him, and he still had to forward every letter. A 2022 study of the stamps notes that his inland postage income rose to £52 11s 6d in 1846 and fell to £47 6s 6d in 1847, perhaps reflecting the cheating.

Heyl, who may have seen the stamps issued by postmasters in North America, later claimed to have suggested the fix: sell labels in advance, so that anyone posting a letter after hours could prepay it, and treat any unstamped letter in the box as unpaid. Nothing in Bermuda law required or forbade such a thing, so Perot went ahead.

Official stamps did not reach Bermuda until 1865. Until then, Perot's homemade labels were the island's only postage stamps.

The postmaster in the garden

Perot was born in January 1791, the son of a Bermuda silversmith and shipping agent descended from a French Huguenot family. He married Susanna Stowe in December 1814, and the family made its home at Par-la-Ville, the Georgian house his father had built on Queen Street. When Bermuda's capital moved from St. George's to Hamilton in 1815, the town needed a post office, and Perot became postmaster. Sources differ on the start date: a 2022 society presentation and a Bermuda philatelic writer give 1818, while the Bermuda Biographies project gives January 1819.

He was a familiar sight. He met ships at the Hamilton docks, collected the mailbag, sorted letters in his office and carried them through town arranged in the crown of his hat. Gardening was his real passion: his five-acre garden at Par-la-Ville was described by the historian Henry C. Wilkinson as the best in the colony, and the rubber tree that still towers over the entrance of what is now Queen Elizabeth Park grew from a seedling he planted in 1847, sent by his son from British Guiana.

Perot was also an alderman who helped Hamilton buy its first fire engine, campaigned for years for a poorhouse, and served in the House of Assembly from about 1860. He and Susanna had eleven children, nine of whom reached adulthood. He retired as postmaster on June 7, 1862, after more than four decades, and died on October 13, 1871, aged 80. The annex he used as his post office reopened in 1959 as Perot Post Office.

How to read a Perot

To make the stamps, Perot took the postmarking handstamp sent out to Hamilton from London in November 1841 and removed the plugs for the month and day, leaving only the year. Struck on a sheet of paper, it produced a circle with "Hamilton" curved around the top, "Bermuda" around the bottom, a cross at each side and the four-figure year across the middle. On each impression he wrote "One Penny" above the year and signed his name below it. The sheet was probably gummed, and the stamps were cut apart by hand; surviving examples are described as cut round, cut square or cut in a rough octagon.

No multiple larger than an almost-severed pair is known, so the sheet layout has never been established. The 2022 study says it seems fairly clear there were twelve impressions to a sheet, and the Bermuda Biographies account says Perot sold the stamps singly or in sheets of twelve. A longtime Bermuda collector, Sir Henry Tucker, believed they were struck in two vertical rows of six, but admitted in a 1962 letter that his only basis was something an elderly collector had told him decades earlier.

Perot made stamps in advance and kept them in stock. He did not cancel them when they were used, probably reasoning that a stamp stuck to a letter could not be used again. The Hamilton office used black ink until May 1849 and red afterward. The 2022 study narrows the change to between May 7 and 16, 1849; a Bermuda philatelic writer says around June 1849.

The entry tracked here is the 1849 stamp in black on bluish-gray wove paper. The census in the 2022 study records two examples. One, cut so close that the tops of "HAM" and much of "BERMUD" are missing, is on a piece of the letter bearing part of the addressee's name, "Henry E." The other is cut close on the right so that the "N" and "D" are touched.

Forgotten for half a century

Perot's stamps were unknown to collectors for nearly fifty years. The first was recorded in July 1897: a red stamp dated 1854, still on the back of a letter addressed in the hand of N.T. Butterfield, the banker who was mayor of Hamilton in 1849 and 1850. A collector in Bermuda sent it to an English stamp dealer, who was suspicious because it bore no postmark and was half hidden under the fold of the cover. Accounts of who found it differ. A Bermuda philatelic writer says Louis Mowbray of St. George's discovered the first three examples in 1897; the Bermuda Biographies project says Mowbray, later curator of the Bermuda Aquarium, found three that had belonged to his grandmother, sold one and gave two to a British officer.

Nine months later the second turned up, and it was an 1849 black. A young Englishman newly arrived in Bermuda found a letter with the crude-looking stamp in its lower left corner. No one in the office thought much of it, so he tore off the part with the stamp and put it in his pocket. He refused a local collector's offer of a few shillings and sent it to his father in London instead. By April 1898 it belonged to the philatelist B.W. Warhurst. A Bermuda philatelic writer says it changed hands twelve years later for £150.

Doubt followed. In July 1898 Major E.B. Evans, who had served in Bermuda and had long advertised in the local papers for old stamps of the colony, questioned whether the stamps were genuine, since none had ever been offered to him. The publicity brought letters from people who remembered Perot using them, and further research by Edward Denny Bacon settled the matter.

More surfaced over the next decades. Five came from the family papers of Miss Frances Trott, found in 1918; in October 1922 her nephew, a Hamilton physician, sold four of them to a London dealer for £50 each. In 1934 an army officer, Captain M.D. James, walked into a London auction room with a pair in his pocket. His grandfather, Bermuda's Chief Justice John Harvey Darrell, had bought them from Perot himself in 1853, and they had lain among the judge's papers until a few months earlier. The pair was separated in 1934, and one half is now in the Royal Collection.

Kings, counts and record prices

Perot's stamps passed through the greatest collections of the twentieth century. The 1849 black that surfaced around 1904 was sold in November 1922 from the collection of Count Philipp von Ferrary, then in 1934 from Arthur Hind's collection for £165, in 1957 for $4,200 from Alfred Caspary's collection, in 1977 for £30,000, in May 1986 for $143,000, and in June 2005 for £116,000.

The very first Perot to be found, the 1854 red on cover, sold for $210,000 at auction in April 1980, which the encyclopedist L.N. Williams recorded as the highest price for any stamp of Perot's first issue. It brought $337,810 with premium in June 1991 and $340,000 in April 1996. The 1856 red, the latest Perot known, sold for $75,000 in 1979 and $77,000 in February 1981.

Three of the eleven are in the Royal Collection, presumably acquired by King George V. In April 2012 Bermudians had a rare chance to see seven of the eleven together at the Masterworks Museum of Bermuda Art: three lent from the Queen's collection, two by the former premier Dr. David Saul and two by a collector from Louisiana. Saul's examples were sold at auction in October 2013.

On December 11, 2015, an 1849 black on bluish-gray paper, attached to a fragment of a letter and described as one of just two known of its type, sold for $75,000 at auction in Geneva. In the same sale the only known unused example of Perot's later 1861 crowned-circle stamp brought about $102,000.

Three postmasters and a footnote to history

Postage stamps are normally a government privilege, and the few individuals who have issued their own are a short list. Three of them were Bermuda postmasters. Perot was the first. Around 1860 James Henry Thies of St. George's issued labels struck from his crowned "PAID AT ST GEORGES BERMUDA" handstamp, and Perot himself switched to a similar crowned "PAID AT HAMILTON BERMUDA" design in 1861, a second issue no one knew about until one was found on a letter in 1946. Perot's successor, Robert Ward, is credited with two more.

The 2022 census counts eleven of Perot's first issue, five of the Thies stamps (one unsubstantiated), five of Perot's second issue and two of Ward's. Perot's name lives on in the stamps, in Perot Post Office on Queen Street, and in the rubber tree he planted at Par-la-Ville.

The numbers

Dates on survivors
1848 to 1856 (first issue)
Known examples
11: three 1848, two 1849, three 1853, two 1854, one 1856
Known of this type
2 (1849, black on bluish-gray wove paper)
Colors
Black (to May 1849) and red (from May 1849); five black, six red survive
Paper
Bluish-gray, whitish, bluish and thick whitish papers are recorded
Separation
Imperforate; cut apart by hand
Sheet
Probably 12 impressions; no multiple larger than an almost-severed pair is known
Cancellation
None; Perot did not cancel his first-issue stamps

Timeline

  1. William Bennet Perot is born in Bermuda.

  2. Perot becomes postmaster of Hamilton (one account gives January 1819).

  3. The postmarking handstamp later used to make the stamps is sent out to Hamilton from London.

  4. A local act requires inland postage to be prepaid at a penny an ounce.

  5. Earliest year date on a surviving Perot stamp; the first ones are struck in black.

  6. Between May 7 and 16, the Hamilton office switches from black ink to red. This entry's stamp is one of the 1849 blacks.

  7. Chief Justice John Harvey Darrell buys a pair of Perot stamps directly from the postmaster.

  8. Latest year date on a surviving stamp of Perot's first issue.

  9. Perot's second issue, struck from a crowned "PAID AT HAMILTON" handstamp, appears on letters.

  10. Perot retires as postmaster after more than four decades.

  11. Bermuda receives its first official postage stamps.

  12. Perot dies, aged 80.

  13. The first Perot stamp, a red 1854 on cover, is recorded by collectors.

  14. The second find, an 1849 black, is acquired by the philatelist B.W. Warhurst.

  15. Major E.B. Evans publicly doubts the stamps; research that follows establishes them as genuine.

  16. Five examples are found among the family papers of Miss Frances Trott.

  17. The Darrell pair surfaces in London and is separated; one half later enters the Royal Collection.

  18. The first-found 1854 red on cover sells for $210,000 at auction.

  19. Seven of the eleven known examples are exhibited together in Bermuda, three of them lent from the Queen's collection.

  20. An 1849 black on bluish-gray paper, one of two known of its type, sells for $75,000 at auction in Geneva.

The world in 1849

  • Elizabeth Blackwell receives her M.D. in Geneva, New York, becoming the first woman doctor in the United States.

  • The short-lived Roman Republic is proclaimed; French troops occupy Rome and end it on July 3.

  • The steamship California arrives in San Francisco Bay, beginning regular steamboat service between the east and west coasts of the United States.

  • Congress creates the U.S. Department of the Interior and passes the Gold Coinage Act, authorizing the gold dollar and the double eagle.

  • The German revolutions of 1848-49 fail when the King of Prussia refuses the crown offered by the Frankfurt National Assembly.

  • Harriet Tubman escapes from slavery.

  • Edgar Allan Poe dies; Frederic Chopin dies ten days later.

  • Voters ratify the Constitution of California.

Price record

DatePriceKind
Apr 14, 1957$4,200Sold at auction1849 black on bluish-gray paper, sold from the Alfred Caspary collection.
Apr 21, 1977$51,576Sold at auctionAt auction in London: GBP 30,000 (hammer price), shown in USD at the Federal Reserve rate on the sale date (1 GBP = 1.7192 USD).
Apr 24, 1979$75,000Sold at auction1856 red on bluish paper, sold at auction in New York; not this entry's 1849 type.
Apr 5, 1980$210,000Sold at auction1854 red on cover, the first Perot ever recorded; not this entry's 1849 type.
Feb 18, 1981$46,200Sold at auction1848 black on bluish-gray paper, on cover; not this entry's 1849 type.
Feb 18, 1981$77,000Sold at auction1856 red on bluish paper; not this entry's 1849 type.
May 27, 1986$143,000Sold at auction1849 black on bluish-gray paper, the example first recorded around 1904 (ex-Ferrary, Hind, Caspary).
Jun 13, 1991$337,810Sold at auction1854 red on cover, including buyer's premium; not this entry's 1849 type.
Apr 23, 1996$340,000Sold at auction1854 red on cover; not this entry's 1849 type.
Oct 26, 1999$45,000Sold at auction1848 black on bluish-gray paper, on cover; not this entry's 1849 type.
Oct 29, 2003$71,350Sold at auctionAt auction in London: GBP 42,000 (hammer price), shown in USD at the Federal Reserve rate on the sale date (1 GBP = 1.6988 USD).
Jun 15, 2005$211,340Sold at auctionAt auction in London: GBP 116,000 (hammer price), shown in USD at the Federal Reserve rate on the sale date (1 GBP = 1.8219 USD).
Dec 11, 2015$75,000Sold at auction1849 black on bluish-gray wove paper on a fragment of a letter, one of two known of its type. Sold at auction in Geneva.

A realized auction price is what a buyer actually paid on the date shown, including the buyer's premium where the sale reported it. It is the strongest kind of reference price, and it is a record of one sale of one object on one day, not a promise of what the next example will bring.

By reference price, Perot (Hamilton, Bermuda) Postmaster's Provisional is number 47 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 (23 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • Perot invented his stamp because people kept dropping letters in his after-hours box without the penny to pay for them.
  • He carried the town's mail in the crown of his hat, sorted in delivery order.
  • When the second Perot was found in 1898, the young Englishman who spotted it simply tore it off the letter and put it in his pocket.
  • A pair of Perots lay unnoticed among a Bermuda chief justice's papers for about 80 years; he had bought them from Perot himself in 1853.
  • The giant rubber tree at the entrance of Hamilton's Queen Elizabeth Park grew from a seedling Perot planted in 1847.
  • Perot never canceled his first-issue stamps, apparently trusting that a stamp stuck on a letter would not be reused.
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 1, 2026.
Archive
Oct 5, 2026