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On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase.
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.
The U.S. Parcel Post stamps of 1912–13 were the first such stamps issued by the U.S. Post Office Department and consisted of twelve denominations to pay the postage on parcels weighing 16 ounces and more, with each denomination printed in the same color of "carmine-rose". Their border design was similar while each denomination of stamp bore ...
While the 1–5 cent denominations were issued almost continuously the 10-cent coils were only issued twice, once as a yellow Washington-head stamp first issued in 1908, (See: Coil stamps Table-1) and once as a 10-cent yellow Franklin-head coil that wasn't issued until 1916. (See: Coil stamps Table-2)
The 5-cent Franklin and the 10-cent Washington postage stamps issued in 1847 were the first postage stamps issued and authorized for nationwide postal duty by the U.S. Post Office. The firm of Rawdon, Wright, Hatch, and Edson of New York City were given a four-year contract to print the first U.S. postage stamps in 1847.
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.
In 1845, some postmasters in the United States issued their own stamps, but it was not until 1847 that the first official United States stamps were issued: 5 and 10 cent issues depicting Benjamin Franklin and George Washington. A few other countries issued stamps in the late 1840s.
During World War I, 25-cent Thrift stamps were offered to allow individuals to accumulate enough over time to purchase the standard 5-dollar War Savings Certificate stamp. When the Treasury began issuing war savings stamps during World War II, the lowest denomination was a 10-cent stamp, enabling ordinary citizens to purchase them.
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