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The U.S. Postal Service is planning to raise postage costs for a second time this year on July 14 with the price of a first-class stamp rising to 73 cents from 68 cents.
The US Postal Service filed a notice with its regulators to increase prices on First-Class “Forever” stamps to 73 cents from 68 cents.
In the middle of the 19th century, rates stabilized at one price regardless of distance. Rates were relatively unchanged until 1968 when the price was increased every few years by a small amount. Comparing the increases with a price index, the cost of a first-class stamp has been steady.
Thankfully, there’s one way you can insulate your budget from stamp price increases: purchasing Forever Stamps. Are they worth the investment? Here’s what you need to know.
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. Philatelic investment was popular during the 1970s but then fell out of favour following a speculative bubble and prices of rare stamps took many years to recover. [1]
The price of a U.S. First-Class Mail stamp is going up again, and the United States Postal Service (USPS) is hinting at more hikes on the way.
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