Penny Black NFT
Penny Black NFT

Penny Black NFT

The Penny Black (1840) Phygital NFT is an ERC-1155 digital certificate of provenance linked to a specific, authenticated physical stamp. Owning this NFT grants the exclusive right to redeem the physical asset through a defined verification and settlement process.

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The Penny Black was the world's first adhesive postage stamp, issued on 6 May 1840 in Great Britain. Plate 1, Position NG places this specimen among the earliest impressions ever produced.

The Physical Asset

This is not a conceptual NFT. The physical Penny Black already exists, is authenticated, and is held in custody.

Property
Details
Asset
Penny Black (1840)
Plate / Position
Plate 1, Position NG
Year / Origin
1840 / United Kingdom
Condition
Very Fine Used (VFU)
Certified By
Richard Borek
Price of Physical Item
€2,500
Documentation

What is the Penny Black - NFT

This ERC-1155 token serves as the on-chain provenance layer for the physical stamp. It anchors authenticity context and points to off-chain reference documentation.

The NFT is:

  • ✅ A digital provenance record linked to this specific Penny Black (1840)
  • ✅ An immutable on-chain record anchoring authenticity and documentation
  • ✅ A transferable certificate — when sold, all certificate rights pass to the new holder
  • ✅ A mechanism granting priority access to off-chain discussions about the physical item (by separate agreement)

What Penny Black - NFT is NOT

Automatically ship or transfer the physical stamp on purchase
Constitute a legal title registry in any jurisdiction
Represent a security, investment product, or financial instrument
Grant access to files, downloads, or unlockable digital content
Represent fractional ownership, equity, or profit participation
Guarantee price appreciation

How to Buy the NFT

The Penny Black Phygital NFT is listed on OpenSea on the Polygon network.

Listed price: 0.13 WETH (Polygon)

Buying the NFT does not automatically transfer the physical stamp. Physical delivery is handled through a separate off-chain redemption process.

NFT Transfer , Resale & Continuity

This NFT can be freely traded on supported marketplaces. Certificate rights and redemption eligibility transfer automatically to each new on-chain holder.

  • ✅ Secondary sales transfer full redemption eligibility to the new holder.
  • ✅ Creator royalties apply to resales, subject to marketplace rules.
  • ✅ Collectors should keep the NFT in the same wallet used for redemption requests.

Redemption Process

Physical delivery is handled entirely off-chain. The current NFT holder initiates the process by contacting the issuer directly.

Step-by-step:

  1. Initiate — Contact the issuer with your wallet address and Token ID
  2. Verify — Issuer confirms on-chain ownership of Token ID 1
  3. Settle — Both parties agree on settlement method and logistics
  4. Fulfill — Insured shipping or custody/vaulting option with tracking
  5. Complete — The NFT remains permanently as the provenance certificate

Upon verification, the issuer provides:

  • 📞 Direct contact via phone
  • 📋 Physical proof pack (certificates, scans, authentication documents)

📩 Contact: info@philax.io

On-chain Facts & Verification

Property
Details
NFT Contract
0x4ac0231caa7355b0abdae544614a327debec23e7
Token ID
1
Chain / Standard
Polygon (Chain ID 137) / ERC-1155
Marketplace
OpenSea
Metadata
IPFS
Verification Links
OpenSea Listing
PolygonScan Contract

Collectors Ecosystem - The Guild

The Penny Black NFT is the Genesis Asset of the Philax Project — its first real-world proof of concept and the foundation of the entire phygital framework.

It operates on two levels simultaneously:

  • A standalone collectible asset — valuable and tradeable independently
  • A reference implementation — demonstrating how physical collectibles integrate into the Philax model

Collector Privilege System:

The physical Penny Black (1840) can be acquired through the Philax Collector Privilege System. NFT ownership establishes eligibility — your PHILX Token holdings and on-chain status determine your position in the acquisition queue and price tier.

Contact - Social

X ( Formerly Twitter ) : @NftPennyblack

Contact Us : info@philax.io

Philax NFTs serve as digital provenance references linked to physical collectibles. They do not constitute financial instruments or guarantees of investment performance.