The Downtown Stamp
Company was founded by Rudolph Nowell in 1926 in Downtown Newark, NJ.
Years earlier he had been building a stock and dealing stamps out of his
mother's house in Newark while he was an accountant on Wall Street. In
1926 Rudy decided to devote all of his time to his own business---stamps.
The close proximity to New York City allowed Mr. Nowell to supplement the
inventory by successfully bidding in philatelic auctions and by buying dealer
stocks. When the famous Nassau Stamp Company of New York was sold, the Downtown purchased the entire stock of foreign stamps.