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In 1855 the postal rate for mail bound for destinations over 3,000 miles was increased from 6 cents to 10 cents, a change that prompted the issue of the 1855 10-cent Washington stamp. This 10-cent green issue was printed by Toppan, Carpenter, Casilear & Co. who reused the engraving of Washington (the vignette) of the 12-cent Washington 1851 ...
The new stamps were printed in several colors and depicted a portrait of George Washington on all thirty denominations from one-cent to $200. [6] The engraved image of Washington was modeled after a painting by Gilbert Stuart. [7] The first issues were printed on hard brittle paper and later printed on soft woven paper of varying thicknesses.
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]
1856 British Guiana One-Cent Magenta. $9.48 million. Known to philatelists as the "Mona Lisa of stamps," the British Guiana One-Cent Magenta is the world's most famous rare stamp.
Savings interest rates today: Ring in the new year with APYs of up to 5.05% (that's 10x the national average)
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.
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.
Postage (or postal) currency was the first of five issues of US Post Office fractional paper money printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations and issued from August 21, 1862, through May 27, 1863. [16] Spinner proposed using postage stamps, affixed to Treasury paper, [17] with