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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.
Scans from Dr. Meng's collection began appearing in volume 4 of the 2002 catalog. Together with generous access by many other collectors, Meng's cooperation has resulted in creation of scanned images of all but about 1300 stamps by Scott as of 2024 catalogue series. About 120 are specialized stamps from the US Specialized Catalogue.
Philatelists and stamp collectors often refer to the entities that no longer issue stamps as dead countries. The dates are the generally agreed-upon dates of first and last stamp issues. "Date of issue" is taken to mean the date when a particular type or variation was first issued but its usage would often continue for many years. For example ...
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 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 ...
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.
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