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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.
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]
In the United States Postal Savings Stamps were introduced in 1911 [2] and War Savings Stamps were issued during both World Wars. Savings stamps are worth their face amounts; the denominations are $0.10, $0.25, $0.50, $1, and $5. The sale of savings stamps was discontinued on June 30, 1970. [6]
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.
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.
For those who found it difficult to purchase an entire bond at once, 10-cent savings stamps could be purchased and collected in Treasury-approved stamp albums until the recipient had accumulated enough stamps for a bond purchase. [42]
Starting April 10, stamps for 1-ounce letters will drop in price from 49 cents to 47 cents after the expiration of a 2-year agreement.
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 ...
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