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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.
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. This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023.
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.
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.
However, you shouldn't throw your old stamps away just yet -- they may be worth a lot of money. You may not be aware, but stamp collecting is an extremely popular hobby, and some collectors are ...
Postal note stamps. This was a series of 18 stamps available at U.S. post offices from 1945 to 1951. They were used for sending small amounts of money. Printed in grey and black with a simple uniform design, they ranged in value from 1 to 90 cents. Their Scott catalogue designations are PN 1 to 18. [8]
Treasurer of the United States Francis E. Spinner has been credited with finding the solution to the shortage of coinage: he created postage currency (which led into the use of fractional currency). Postage (or postal) currency was the first of five issues of US Post Office fractional paper money printed in 5-cent, 10-cent, 25-cent, and 50-cent ...
The first series of revenue stamps have two distinctive design types with each stamp designating the tax 'duty'. Designs for denominations 1-cent through 20-cents were simple, bearing a portrait of George Washington, while stamps with denominations 25-cents through 1-dollar are larger and have a more elaborate design and also designate the tax duty in a lower banner.
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