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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] Where necessary, the price is first converted to dollars using the exchange rate at the time the item ...
Following the occupation of the Philippines by the United States as a result of the Spanish–American War, the American military government issued regular stamps overprinted with the word "Philippines", for postal purposes. Stamps issued on June 30, 1899, were used up to August 1906, when the American civil government that supplanted the ...
This happened in the 1970s when a speculative bubble was followed by a collapse in prices. [12] Stamps do not generate any interest or dividends. It may be impossible to determine the current market value of the stamps without selling them. Stamps packaged as "investment portfolios" may be charged at prices higher than their normal market value.
Typically stamps will sell at auction for a range of 10–30% of catalogue list price, but if the stamp is of the very top quality then the sell price may exceed the catalogue list price. As with many collectables with no inherent value, sell pricing is set by the market bidding on the item at the time.
Savings interest rates today: Ring in the new year with APYs of up to 5.05% (that's 10x the national average)
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. Starting April 10, stamps for 1-ounce letters will drop in ...
It broke the price record four times, and while Sotheby's expected it to fetch $10 million to $15 million at auction in 2021, it ended up changing hands for $8.31 million.
The Philippines eventually joined the Universal Postal Union, this time as a sovereign entity, on January 1, 1922. 2017 stamp dedicated to the 25th anniversary of the corporation. The Manila Central Post Office building, the headquarters of the Bureau of Posts, was constructed in its present-day Neo-Classical style in 1926.