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However, this legislation was set to expire in April 2016. As a result, the Post Office retained one cent of the price change as a previously allotted adjustment for inflation, but the price of a first-class stamp became 47 cents: for the first time in 97 years (and for the fourth time in the agency's history) the price of a stamp decreased. [32]
In 2005, after 111 years of producing American postage stamps, the Bureau of Engraving and Printing ended its involvement with the postal service. On April 12, 2007, the Forever stamp went on sale for 41 cents, and is good for mailing one-ounce First-Class letters anytime in the future—regardless of price changes.
This is a list of the highest known prices paid for philatelic items, including stamps and covers. The current record price for a single stamp is US$ 9,480,000 paid for the British Guiana 1c magenta. [ 1][ 2] This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023. [ note 1 ...
3. Denomination. 4. Country name. A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail). Then the stamp is affixed to the face or address-side of any item of mail —an envelope or other ...
But some stamps beginning in 1988 or earlier, including Forever Stamps (issued from April 2007) and all first-class, first-ounce stamps issued from January 21, 2011, the value is the current value of a first-class-mail first-ounce stamp. The USPS calls these Forever Stamps but the generic name is non-denominated postage.
The 5-cent Franklin and the 10-cent Washington postage stamps issued in 1847 were the first postage stamps issued and authorized for nationwide postal duty by the U.S. Post Office. The firm of Rawdon, Wright, Hatch, and Edson of New York City were given a four-year contract to print the first U.S. postage stamps in 1847.
Cover of the 1868 Scott catalogue covering the first 28 years of stamps; "America and Foreign" Catalogs from the Michel range First original American stamp catalog. A stamp catalog (or stamp catalogue) is a catalog of postage stamp types with descriptions and prices. The stamp catalog is an essential tool of philately and stamp collecting.
Closer to 19th century tradition in the series of 1902 was its pantheon of celebrated Americans. Nine of the values—the 1¢, 2¢, 3¢, 6¢, 10¢, 15¢, 50¢, $2 and $5—depicted the same statesmen who had appeared on the corresponding denominations of the First Bureau Series. Moreover, on the 4¢ and 5¢ stamps, Lincoln and Grant merely ...