Everything you need to know about USPS Forever stamps is right here. I’ll give you an explanation of how they work, a brief history of Forever stamps, and of course their current value.
Current Price of a Forever Stamp:
A Brief History of Forever Stamps
During May of 2006, the United States Postal Service submitted a proposal to the United States Postal Rate Commission to create a Forever stamp beginning in April 2007. The US Postal Rate Commission approved the proposal, and on April 12, 2007 Forever stamps were officially available for purchase.
Here’s a chart showing the historical values of Forever stamps:
|January 21, 2018||$0.50|
|January 22, 2017||$0.49|
|April 10, 2016||$0.47|
|January 26, 2014||$0.49|
|January 27, 2013||$0.46|
|January 22, 2012||$0.45|
|May 11, 2009||$0.44|
How Do Forever Stamps Work?
Forever stamps are non-denominational First Class postage, meaning they can be used to mail First Class letters no matter the rate. Let’s say someone purchased some Forever stamps back in 2009, when they cost $0.44. Those Forever stamps are still valid for sending First Class letters today, even though the current price for Forever stamps is $0.50. No need to add a six-cent stamp to the letter. How cool is that?
A common misconception regarding Forever stamps is that a single Forever stamp can be used to mail any letter, no matter the weight. Unfortunately, this is not true. Forever stamps are First Class stamps, meaning they can only be used to send letters weighing up to one ounce. Additional ounces cost $0.21.
Why The United States Postal Service Issues Forever Stamps
You may be wondering why the USPS would want to issue Forever stamps. Wouldn’t they lose revenue in the long run if everyone stocked up on Forever stamps today? Well, it turns out that the Postal Service is actually saving money because they no longer have to print low denominated stamps whenever a raise in stamp prices occurs. According to the Postal Service, Forever stamps eliminate “the need for customers and the Postal Service to acquire and distribute new denominated stamps in anticipation of price changes affecting these stamp types, each time a price change occurs.”
It’s a win-win situation. The Postal Service saves money, and customers are spared the inconvenience of having to buy stamps worth just a few cents to use with their old stamps when prices rise.
FAQs About Forever Stamps
How can one tell if a stamp is a Forever stamp?
The word “FOREVER” will be printed somewhere on the stamp.
Can one Forever stamp be used to send any piece of mail, no matter the weight?
No, Forever stamps are First Class meaning they can only be used to send mail weighing up to 1 ounce. Additional ounces require an extra $0.21 of postage.
Are Forever stamps valid for use in any country?
No, Forever stamps are only valid for postage sent from or within the United States. Some countries have their own form of Forever stamps though.
Can you use Forever for international mail?
You may use Forever stamps for international mail, but since all international prices are higher than domestic prices, you will need to attach additional postage.
Are Forever stamps a good investment?
They are likely a reliable, long-term investment. However, recently there was a drop in the First Class postage rate from $0.49 to $0.47. On January 21st, 2018 however, the price went up to $0.50.
How long will Forever stamps be sold?
I hope you found this post was useful! If you have any comments or questions regarding Forever stamps, please leave a reply below.