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The United States Postal Service proposed a price increase for Forever stamps in July 2024, raising the cost from 68 to 73 cents. This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed ...
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.
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847. [20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
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.
Philatelic investment. The British Guiana 1c magenta is one of the rarest, and most valuable, stamps in the world. Sold in June 2014 at Sotheby's for $9.48 million. Philatelic investment is investment in collectible postage stamps for the purpose of realizing a profit.
The war savings stamps introduced during World War II were released in five different denominations – 10 cents, 25 cents, 50 cents, one dollar, and five dollars, all featuring a Minuteman statue. These stamps were purchased at face value and earned no interest.
The first series of revenue stamps have two distinctive design types with each stamp designating the tax 'duty'. Designs for denominations 1-cent through 20-cents were simple, bearing a portrait of George Washington, while stamps with denominations 25-cents through 1-dollar are larger and have a more elaborate design and also designate the tax duty in a lower banner.
The postage had a value equivalent to $4.86 in 2023. The Post Office decided to issue a new stamp just for this rate, patriotically printed in red and blue, and depicting a Curtiss Jenny JN-4HM, the biplane especially modified for shuttling the mail.
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 exchanged their previous roles.
The five cents John Kennedy is the first United States postage stamp to pay tribute to United States President John Fitzgerald Kennedy. It was issued May 29, 1964 for his 47th birthday, with a first day of issue cancellation in his hometown of Boston, Massachusetts . The overall shape of the stamp is a horizontal rectangle, of a size standard ...