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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.
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.
The intent, however, was not that stamps should be a circulating currency. The design of the first issue (postage currency) was directly based on Spinner's original handmade examples. Some varieties even had a perforated stamp-like edge. While not considered a legal tender, postage currency could be exchanged for United States Notes in $5 lots ...
The 5-cent Franklin and the 10-cent Washington postage stamps issued in 1847 were the first postage stamps issued and authorized for nationwide postal duty by the U.S. Post Office. The firm of Rawdon, Wright, Hatch, and Edson of New York City were given a four-year contract to print the first U.S. postage stamps in 1847.
Engraving and printing at the U.S. Treasury. The first series of Federally-issued United States banknotes was authorized by Congressional acts on 17 July 1861 (12 Stat. 259) and 5 August 1861 (12 Stat. 313 ). While the Demand Notes were issued from the United States Treasury, they were engraved and printed elsewhere.
The U.S. Postal Service is planning to raise postage costs for a second time this year on July 14 with the price of a first-class stamp rising to 73 cents from 68 cents.
The 1869 Pictorial Issue is a series of definitive United States postage stamps released during the first weeks of the Grant administration. Ten types of stamp in denominations between one cent and ninety cents were initially offered in the series, with eight of these introduced on March 19 and 20, 1869 and the two greatest values being distributed somewhat later.
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
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