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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. [ note 1 ...
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847.[ 20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
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 Washington–Franklin Issues are a series of definitive U.S. Postage stamps depicting George Washington and Benjamin Franklin, issued by the U.S. Post Office between 1908 and 1922. The distinctive feature of this issue is that it employs only two engraved heads set in ovals—Washington and Franklin in full profile—and replicates one or ...
They were already selling for more than $1 million by the 1970s and, in 2021, an original series Mauritius became the world's most expensive postage stamp when it sold for $9.6 million.
Sold in June 2014 at Sotheby's for $9.48 million. Philatelic investment is investment in collectible postage stamps for the purpose of realizing a profit. Philatelic investment was popular during the 1970s but then fell out of favour following a speculative bubble and prices of rare stamps took many years to recover.
Philately (/ f ɪ ˈ l æ t əl i /; fih-LAT-ə-lee) is the study of postage stamps and postal history. It also refers to the collection and appreciation of stamps and other philatelic products. [1] While closely associated with stamp collecting and the study of postage, it is possible to be a philatelist without owning any stamps. [2]
Stamp collecting is the collecting of postage stamps and related objects. It is an area of philately, which is the study (or combined study and collection) of stamps. It has been one of the world's most popular hobbies since the late nineteenth century with the rapid growth of the postal service, [ 1] as a stream of new stamps was produced by ...
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