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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 ...
The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
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.
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 ...
1856 British Guiana One-Cent Magenta. $9.48 million. Known to philatelists as the "Mona Lisa of stamps," the British Guiana One-Cent Magenta is the world's most famous rare stamp.
Pennsylvania's paper currency, secured by land, generally maintained its value against gold from 1723 until the revolution broke out in 1775. [9] This depreciation of colonial currency was harmful to creditors in Great Britain when colonists paid their debts with money that had lost value. The British parliament passed several currency acts to ...
[8] [9] Fifteen stamps were embedded into each sheet. [8] For the first eight sheets (1900s to 1970s) of the fifteen stamps, one stamp of each sheet was printed using the intaglio process, [10] while the remaining fourteen were offset printed along with the rest of the sheet. All the sheets were printed by the Ashton-Potter USA printing company.
One dollar will be worth a lot more than that — as a rare 1776 continental dollar coin is set to go to auction next month. Wotton Auction Rooms told CBS News in an email that one of its clients ...