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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 introduction of postage stamps in the UK in May 1840 was received with great interest in the United States (and around the world). Later that year, Daniel Webster rose in the U.S. Senate to recommend that the recent English postal reforms—standardized rates and the use of postage stamps—be adopted in America. [13]
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 $9.48 million. Philatelic investment is investment in collectible postage stamps for the purpose of realizing a profit. Philatelic investment was popular during the 1970s but then fell out of favour following a ...
This is a list of the highest known prices paid for philatelic items, including stamps and covers. The current record price for a single stamp is US$ 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 ...
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 ...
Stamp collecting is the collecting of postage stamps and related objects. It is an area of philately, which is the study (or combined study and collection) of stamps. It has been one of the world's most popular hobbies since the late nineteenth century with the rapid growth of the postal service, [ 1 ] as a stream of new stamps was produced by ...
The catalogue value of a Christmas seal, as with postage stamps and coins, usually increases over time. For example, in 1935 the Scott Catalogue [f] value for a Christmas seal issued in 1915 was 25-cents. [41] In 1983 its catalogue value increased to $4. By 2014 the Scott Catalogue Value was fixed at $9.00. [42]
3. Denomination. 4. Country name. A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail). Then the stamp is affixed to the face or address-side of any item of mail —an envelope or other ...