American Coin Treasures
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The United States Treasury Department issued its first war savings stamps in late 1917 in order to help pay for the costs incurred through involvement in World War I. The estimated cost of World War I for the United States was approximately $32 billion, and by the end of the war, the United States government had issued a total of $26.4 billion ...
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.
In the United States Postal Savings Stamps were introduced in 1911 and War Savings Stamps were issued during both World Wars. Savings stamps are worth their face amounts; the denominations are $0.10, $0.25, $0.50, $1, and $5.
The smallest denomination war bond cost $18.75, redeemable after ten years for $25. Stamps were issued in denominations of 10, 25, and 50 cents which were purchased at face value and earned no interest.
In July 2022, the price of a Forever stamp was raised to 60 cents, and on Jan. 22, 2023, it was raised to 63 cents . As the U.S. Postal Service continues to find its way out of a $1 billion...
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.