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An old one but a good one, the letterpress style never seems to truly die. Today’s freebie is a letterpress Photoshop layer style (.asl file) and PSD – whoop!
The style is ultra easy to use, type your text and then apply the style from the styles palette. That’s it. As usual if you find this resource useful enough to use in the wild, free free to show it off. Font used in the PSD: Ballpark