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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.
The 5-cent stamp paid for a letter weighing less than 1/2 ounce and traveling up to 300 miles, the 10-cent stamp for deliveries to locations greater than 300 miles, or, twice the weight deliverable for the 5-cent stamp. Each stamp was hand engraved in what is believed to be steel, and laid out in sheets of 200 stamps.
In 1863, a new 2¢ Jackson design appeared, engraved in steel by Frederick Halpin (1805–1880) and printed by Archer & Daly in pale red. A second printing appeared in brown red. Line-engraving would be employed in all subsequent Confederate stamps. Also in 1863, a 10-cent stamp was released bearing the profile of Jefferson Davis in blue.
The denominations for coil stamps of these series range only from 1-cent up to 10-cents. 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 ...
The Purple Heart stamp was first issued in 2003 with a 37-cent denomination. It was later reissued in 2006 as a 39-cent stamp, in 2007 as a 41-cent stamp, in 2008 as a 42-cent stamp, and on April 28, 2009, as a 44-cent stamp. Another Purple Heart stamp was issued on May 5, 2011, as a "forever" stamp.
Stamps were issued in denominations of 10, 25, and 50 cents which were purchased at face value and earned no interest. They were intended to be used as a savings mechanism to purchase a war bond eventually; savings books were provided which, when filled, held $18.75 in stamps, which then could be exchanged for a bond. [7]
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