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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 ...
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
In the United States, the index affects the income of almost 80 million people as a result of statutory action: 47.8 million Social Security beneficiaries, about 4.1 million military and Federal civil service retirees and survivors, and about 22.4 million food stamp recipients. Changes in the CPI also affect the cost of lunches for the 26.7 ...
November 20, 2022 at 10:31 AM. ... USPS says the cost of first-class stamps will increase from 60 cents to 63 cents on Jan. 22. These proposed prices were approved by the Postal Service governors ...
The U.S. Postal Service is seeking to increase the price of stamps this summer, asking that the price for first class stamps jump from 68 cents to 73 cents.. The request for the 5 cent first class ...
Existing definitive stamps issued from 15 February 1971 to 31 January 2022 remain valid until 31 January 2023: since 31 March 2022, they can be indefinitely exchanged for the barcoded series. [18] The 2022 issue was the last release in the Machin series prior to the death of Elizabeth II.
The stamps with flags of European countries were released at intervals from June to December 1943, while the Korea flag stamp was released in November 1944. [48] These stamps were priced at 5 cents, although the standard cost for a first-class stamp was 3 cents.
When all 12 months are considered, the “food at home” category in the CPI showed a total 12% spike in cost. In simple math, that means a $4 carton of eggs in 2021 would now cost $4.48 — or ...