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BellaOnline Editor Chipmunk
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BellaOnline Editor Chipmunk
Joined: May 2010
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Lisa what an incredible photo! It looks great. Do you think you can keep it this organised?
Also query for me (difficulties in translation between US and UK) - what are FOREVER STAMPS?
Last edited by Asha - Scottish Culture; 03/03/11 05:53 PM.
Asha Sahni Dreams Editor
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Chipmunk
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Chipmunk
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Yes I want to know the same question, what are forever stamps?
Well done on cleaning the draw!
Linda Heywood
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OP
BellaOnline Editor Highest Posting Power Known to Humanity
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Asha -
My hope is that now all the random junk is out of there that I'll have little opportunity to put new stuff into there. I guess we'll see!
In the US, regular correspondence-type letters in regular envelopes cost 44 cents right now. So if I wanted to mail letters to friends I'd have to get 44 cent stamps to stick on those envelopes. However let's say in 3 years the post office raises their rates to 45 cents a letter. Now I have all these 44 cent stamps lying around and have to buy 1 cent stamps to add on to my letters. It is a nightmare and it's why my drawer has all sorts of random stamps in it.
So what they did starting in 2007 is issue (in addition to other stamps) a new Forever stamp. This stamp is bought at the current rate. So if I buy it now it costs 44 cents each. But it is ALWAYS good for a regular letter. So in 3 years if the rates go up to 45 cents those stamps are now good for the 45 cents for a letter. I never have to worry about what the current rate is! I can just use a forever stamp and be done with it!
It makes my life so much easier, but I still have to do something with all these old stamps. It's such a hassle to piece them together on envelopes.
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BellaOnline Editor Chipmunk
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BellaOnline Editor Chipmunk
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Lisa is this an investment opportunity? buy loads of stamps and sell them on in ten years time - could make your fortune! (that's presuming you haven't made it already...). We have first and second class stamps in the UK and I've never had a problem if I've used old ones. The problem only comes if you uee a stamp that has a particular amount on it (in the UK it would normally be down to pence).
Asha Sahni Dreams Editor
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Chipmunk
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Chipmunk
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That is a brilliant idea, must inform the Post Office about this. They are always putting up the price of stamps in the UK with very little warning.
It's funny but I rarely use stamps any more, yet when I was younger I was always queuing up in the Post Office for stamps!
Maybe those that say 1st class and 2nd class are like forever stamps in the UK Asha?
Linda Heywood
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BellaOnline Editor Highest Posting Power Known to Humanity
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BellaOnline Editor Highest Posting Power Known to Humanity
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Asha, I have considered that for a possible investment, but i never went so far as to actually buy enough stamps to do it.
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I think the stamp price increase is slower than what you could get with a checking account interest rate, although I suppose it'd be worth investigating Asha - when we buy a stamp it always has a value on it - with the exception of the new forever stamps. So before if the letter rate was 42 cents you would buy a stamp that said "42 cents" on it and use it for first class mail. Then when they raised the rate to 44 cents now you'd have to buy additional 2 cent stamps and on your letters put one 42 cent stamp plus one 2 cent stamp to add up to the new 44 cent total, to use up your remaining 42 cent stamps.
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BellaOnline Editor Highest Posting Power Known to Humanity
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BellaOnline Editor Highest Posting Power Known to Humanity
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Lisa, i actually have a few old stamps that do not have a cent value on them. For those I have to actually take them to the post office and ask what they are worth. The postal people then have to go look it up - they don't remember either.
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BellaOnline Editor Highest Posting Power Known to Humanity
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Oh right one or two christmas stamps were like that. They have specific values but its like a guessing game.
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Parakeet
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Parakeet
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You can find out the value of those old stamps on the USPS website.
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