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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]
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 ...
The 1-cent drop-letter rate was also restored, and Post Office plans did not at first include a stamp for it; later, however, an essay for a 6-cent Franklin double-weight stamp was converted into a drop-letter value. Along with this 1¢ stamp, the post office initially issued only two additional denominations in the series of 1851: 3¢ and 12 ...
On April 25, 1938, the Post Office issued a green 1-cent George Washington stamp. It was the first stamp of the Presidential Issue of 1938, an issue that placed all of the deceased presidents in numerical order and thus represented a break with the long-standing tradition of reserving the normal letter-rate definitive stamp for Washington ...
The Regular Issues of 1922–1931 were a series of 27 U.S. postage stamps issued for general everyday use by the U.S. Post Office. Unlike the definitives previously in use, which presented only a Washington or Franklin image, each of these definitive stamps depicted a different president or other subject, with Washington and Franklin each confined to a single denomination.
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 ...
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No. in existence. 1. Face value. 1c. Estimated value. US$8,307,000 (last sale, 8 June 2021, including buyer's premium) [ 1][ 2] The British Guiana 1c magenta is regarded by many philatelists as the world's most famous rare stamp. [ 3][ 4] It was issued in limited numbers in British Guiana (now Guyana) in 1856, and only one specimen is now known ...