US Postal Stamp Scam
Maybe you have noticed this and maybe you have not? The USPS or the United States Postal Service does not sell stamps at a huge discount. You may get a few bucks off at Costco. It is not going to be 25% or 50% off what they are sold for as shown here:
Lower left-hand corner of the first roll of stamps. Imagine that! The USPS selling 1st class mail stamps for 16.99 cents a stamp? Yeah, right. Facebook allows this advertising scheme of cheap stamps to exist. Spend $40 dollars and get 15% more off also.
SCAM!
I’ve heard of people buying rolls of stamps and selling them at markup ~ they got in trouble for it ~ but this is the first I’ve heard of them sold at markdown. I’m not sure how they’re getting away with that ~ should be getting in trouble
I prefer the forever flag stamp so as to stick it upside-down
For those who understand the significance of that …
Hey! The discount at the Post Office is buying Forever stamps now and not using them until the next rate increase (at least for ordinary letters, or for those bills that you still can’t pay electronically.) Consider them investments & even better – guaranteed to increase in value!
The one at the top left is a 100 stamp roll, dated 2023. It says the PO price was 33.98. Did the PO sell rolls at that big a discount? That would have been 34 cents a stamp. It is shown as originally cheaper than a roll from the year before, 2nd from the right on the bottom row.
Are these supposed to be collectables? Hold for a century and watch the value climb?
Jane:
You are more observant than I to recognize such. I just looked at the cost for a roll and thought BS. At Costco, it may be, maybe $5 off and the prices would be much higher initially. One stamp is 66 cents today. Stamps are good forever. They do not devalue as I am sure you know.