Before 1923,
Georgia,
Armenia, and
Azerbaijan each issued their own
postage stamps. The Transcaucasian Federation began issuing its own stamps on September 15, 1923, and superseded the separate republics' issues on October 1. The first issues consisted of some of the stamps of Russia and Armenia
overprinted with a star containing the five-letter acronym of the Federation inside the points. Massive
inflation having set in, this was followed by an issue of the Federation's own designs, four values of a view of
oil fields, and four with a montage of Soviet symbols over mountains and
oil derricks, values ranging from 40,000 to 500,000
Transcaucasian rubles. The 40,000 rubles and 75,000 rubles were then surcharged to 700,000 rubles. On October 24, the stamps were re-issued with values from 1 to 18
gold kopecks. Starting in 1924, the Federation used stamps of the
Soviet Union. Transcaucasia 1923 CPA 2 stamp (Lesser Coat of Arms of Russian Empire. Star with 'ZSFSR' handstamped).jpg|A 1923 stamp overprinted on the stamp of the Russian Empire Transcaucasia 1923 CPA 6 stamp (Lesser Coat of Arms of Russian Empire. Star with 'ZSFSR' handstamped).jpg|A 1923 stamp overprinted on the stamp of the Democratic Republic of Armenia File:Transcaucasia 1923 CPA 8 stamp (Oil derricks, mounts Ararat and Elbrus, rising sun, Soviet symbols - hammer and sickle, red star).jpg|1923 40,000-
rouble stamp File:Transcaucasia 1923 CPA 19 stamp (oil derricks, mounts Ararat and Elbrus, rising sun, Soviet symbols - hammer and sickle, red star, star and crescent).jpg|1923 two-
kopeck stamp Most of the stamps of the Federation are not especially rare today, with 1998 prices in the US$1–2 range, although the overprints on Armenian stamps range up to US$200. As might be expected from a short period of usage, used stamps are less common than unused and
covers are not often seen. == See also ==