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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.
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 ...
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.
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 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.
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.