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However, this legislation was set to expire in April 2016. As a result, the Post Office retained one cent of the price change as a previously allotted adjustment for inflation, but the price of a first-class stamp became 47 cents: for the first time in 97 years (and for the fourth time in the agency's history) the price of a stamp decreased. [32]
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 ...
In 2005, after 111 years of producing American postage stamps, the Bureau of Engraving and Printing ended its involvement with the postal service. On April 12, 2007, the Forever stamp went on sale for 41 cents, and is good for mailing one-ounce First-Class letters anytime in the future—regardless of price changes.
They were already selling for more than $1 million by the 1970s and, in 2021, an original series Mauritius became the world's most expensive postage stamp when it sold for $9.6 million.
The National Philatelic Collection is a collection of nearly six million postage stamps, revenue stamps, and related items, owned by the United States Government and managed by the Smithsonian Institution. It is housed within the National Postal Museum and a portion of the collection is on display in the museum's National Stamp Salon.
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.
If you get a thrill out of police auctions or even eBay, these victories from bidding wars and the stories behind them will blow your mind, including art that sold for $450 million.
Philately (/ f ɪ ˈ l æ t əl i /; fih-LAT-ə-lee) is the study of postage stamps and postal history. It also refers to the collection and appreciation of stamps and other philatelic products. [1] While closely associated with stamp collecting and the study of postage, it is possible to be a philatelist without owning any stamps. [2]