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The Forever stamp cost 41 cents in 2007 when USPS introduced it. The price of first-class Forever stamps increased from 68 cents to 73 cents July 14, an increase of more than 7%.
This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
The cost of postal insurance when mailing items will go down 10%. The price increases are due to the change in mailing and shipping marketplace, according to the U.S. Postal Service.
The USPS has raised postage rates twice in 2024, with a two-cent per stamp increase in January and a second boost in July, which raised the cost of a Forever stamp to 73 cents.
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.
Rises since have prompted F for Flower, G for Old Glory and H for Hat stamps, all appropriately illustrated. The F stamp in 1991 was accompanied by an undenominated "make-up" stamp with no pictorial design beyond a frame, which enclosed the words "This U. S. stamp, along with 25¢ of additional U. S. postage, is equivalent to the 'F' stamp rate."
A new stamp price increase went into effect on Sunday, July 10, and includes a price hike for forever stamps. and prices at the post office.
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