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On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
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.
Most notably, two coil stamps—the 2 cent Thomas Jefferson and the 25 cent Paul Revere—were repeatedly reprinted, continuing on sale well into the 1980s. Remaining stocks of the 12 cent Benjamin Harrison stamp were sold at some post offices in 1981 to meet the new postal card rate as the United States Postal Service was not able to issue a ...
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
Filled collection booklets could later be used to purchase Series E war bonds. For example, a full 25-cent booklet contained 75 stamps and was worth $18.75, which was the initial price of a $25 war bond. Thus, a full 25-cent booklet would be exchanged for a $25 war bond with a time to maturity of ten years. [8]
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.