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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.
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. There is very little reliable and independent historical information about the performance of stamps as investments. A long-term view is necessary.
By the middle of the twentieth century, hundreds of stamp clubs had formed throughout the United States, often affiliated with large organizations, such as the American Philatelic Society or the American Topical Association. Many published their own scholarly articles or journals, while others advertised in the journals of larger philatelic ...
PCS Stamps & Coins, formerly known as the Postal Commemorative Society, offers a variety of collectible stamps, coins, and other memorabilia. In short, it's the world's largest company dedicated to the collection of stamps, coins, and other related items. [ 1 ]
It has been suggested that John Bourke, Receiver General of Stamp Dues in Ireland, was the first collector.In 1774, he assembled a book of the existing embossed revenue stamps, ranging in value from 6 pounds to half a penny, as well as the hand stamped charge marks that were used with them.
Stamps sell at a considerable premium if they are in this condition. Lightly hinged (LH) is a mint stamp which was hinged but only slightly disturbed. Heavily hinged (HH) is a mint stamp which was hinged and damaged in the process. Hinge remaining (HR) is a mint stamp which has part of a stamp hinge on the back.
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The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself [1] by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value.