The Philax Project
The Philax Project
Penny Black (1840) - Reference Document
Penny Black (1840) - Reference Document

Penny Black (1840) - Reference Document

Physical Collectible & NFT Digital Provenance Reference

Executive Overview

This page serves as a reference document for an original Penny Black (1840) postage stamp and its associated NFT used as a digital provenance reference.

The NFT functions as a verifiable on-chain record linking authenticity context, provenance reference, and priority access to private, off-chain discussions regarding the physical collectible.

Ownership of the physical stamp is not automatically transferred through the NFT and may only be executed through separate private agreement.

Historical Context: Penny Black (1840)

  • First adhesive postage stamp issued worldwide
  • Released by the United Kingdom in 1840
  • Foundational artifact in global postal and communication history
  • Recognized as a cornerstone collectible in philately

This specific specimen is not just any Penny Black; it originates from Plate 1, the very first printing plate used at the dawn of the postal revolution.

The Physical Collectible

Physical Asset Description

  • Item: Penny Black postage stamp
  • Year of Issue: 1840
  • Origin: United Kingdom
  • Condition: Fine Used
  • Documentation: Accompanied by verifiable third-party certificates of authenticity issued by Richard Borek.
  • Custody Status: Securely held by the issuer at the time of publication
  • Certification: Accompanied by an official Certificate of Authenticity from Richard Borek, the world’s leading name in philatelic heritage. Why this Asset? The combination of Plate 1 and the Borek Guarantee makes this a "Blue Chip" investment for both philatelists and digital collectors. While many Penny Blacks exist, few carry the pedigree of the first plate and the verification of a century-old German auction house.

The Digital Provenance Reference (NFT)

The associated NFT functions exclusively as a digital provenance reference and on-chain authenticity context record.

The NFT provides:

  • On-chain verification reference
  • Provenance linkage to the described physical collectible
  • Priority access to initiate private, off-chain discussions

The NFT does not:

  • Automatically transfer ownership of the physical collectible
  • Represent a claim, title, or legal right to the physical asset

On-Chain & Technical Reference

Reference Acquisition Value (Physical Collectible)

Reference Value: EUR 2.500

This amount represents a non-binding reference settlement value for the physical collectible.

Final terms, payment method, and logistics are agreed privately and executed exclusively off-chain following mutual agreement between the involved parties.

This reference value is provided for transparency and informational purposes only and does not constitute a public offer, marketplace listing, market valuation, liquidity indication, or expected resale price.

How the Process Works

  1. The NFT digital provenance reference is acquired or transferred on-chain.
  2. The current NFT holder may request initiation of a private discussion regarding the physical collectible.
  3. Upon mutual agreement, off-chain settlement is executed using a mutually accepted payment method.
  4. The physical item is delivered via insured courier service or retained in secure custody upon request.

Custody & Storage

The physical Penny Black is currently stored in a secure, insured private storage facility.

The issuer may continue to provide secure custody of the physical item for a limited period following NFT acquisition, subject to availability and mutually agreed terms and conditions.

What This NFT Is NOT

  • The NFT does not automatically transfer ownership of the physical collectible
  • Ownership of the NFT grants priority access only, not a binding purchase obligation
  • The NFT is not an investment product
  • The NFT does not represent equity, profit participation, or financial returns
  • No fractional ownership, financial instrument, or security is created or implied
  • Any transfer of the physical collectible is executed exclusively off-chain through a private agreement

Living Reference

This page functions as a living reference document and may be updated with additional historical, technical, or custodial information over time.

It does not constitute a roadmap, solicitation, investment advice, or public offering.

Collector Privilege Framework

The acquisition structure of the physical Penny Black is designed around a privilege-based collector model.

NFT ownership establishes the primary acquisition right.

Philax Token holdings, function as a participation layer that may influence preferential acquisition conditions for the physical asset.

This framework is intended to reward long-term collector involvement within the Philax Ecosystem.

Acquisition Positioning

The final acquisition structure of the physical Penny Black may be influenced by verified collector positioning.

Positioning is determined through: – Ownership of the Penny Black NFT – PHILAX token holdings – Status within the PHILAX Collector Privilege System (Guild-verified)

This framework allows structured acquisition advantages for committed participants in the ecosystem.

Contact

Email: pennyblacknft@gmail.com

X ( Former Twitter ) : @NftPennyblack