The US Forever Stamp

SS Member Image By drodriguez 09.14.08
The US Forever Stamp
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We’ve been buying stamps forever, well since 1847 when they were introduced and immediately embraced with sales hovering around 3,700,000 for the 5¢ (for distances under 300 miles) and about 865,000 for the 10¢ variety which went the, uh, distance.

Today we pay by weight and time delivery, not distance, and now, the purchase of postage is comparable to a stock market gamble with more reliable returns. With the introduction of the Forever Stamp on May 14th, snail-mail users can hedge their bets against future postal rates by stocking up on Forever Stamps for months, years or forever.

This is how it works. On sale since April 12th, but only valid since Monday, the Forever Stamp price is 41¢, coinciding with the most recent hike in price of a first-class postage stamp from 39¢. If, when the price trickles up again by a cent or two, the Forever Stamp will spare you the cost increase ? and the frustration of hunting down those 2¢ stamps. So ten years from now, when a stamp costs a buck, if you stock piled Forever Stamps today, you’ll save 59¢ on every holiday card you send out. The price of the Forever stamp increases each time the cost of a first class stamp goes up; but the premise stays the same.
Do you care? According to an independent federal agency, the U.S. Postal Service has annual revenues of $73 billion and delivers nearly half the world’s mail. It’s income doesn’t come from taxes and its expenses fluctuate: if the price of gas goes up just one cent, the annual nut for USPS goes up $8 million. Maybe we should keep our own future expenses down by stocking up on the Forever Stamp ? today.

Do you plan to buy the forever stamp? Are there other products you'd like to see with a "forever" version?

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  • TinyCookie By TinyCookie
    05.31.07  

    I bought some of these and put them in the safe, just to keep.

  • gaithergirl By gaithergirl
    05.27.07  

    I will not stock up on these, because of all the technology, I pay for everything on line, send ecards, and do everything on the web. Very rarely do I send anything snail mail. I have so many stamps that are 35, 37, and 39 cents that I just use more than one of them when I do mail. I don't believe that these steps will be forever. I believe that down the line those will have no value and you will have to pay more as well.

  • cvarano By cvarano
    05.24.07  

    I do like the idea and I'm sure the pennies add up but something tells me I won't stock up on these and if I did I'd use them before the prices are really hiked up.

  • lahhough By lahhough
    05.23.07  

    I think it's a good idea. But, I won't be buying the forever stamp as I pay the majority of my bills on line.

  • DOLPHIN75 By DOLPHIN75
    05.23.07  

    THE FOREVER STAMPS IS A GREAT IDEA

  • lindawall By lindawall
    05.23.07  

    The concept of the forever stamp is great. The post office should be doing this with all stamps. It will cut down on printing expense for them. However it will be a while I'm sure before stamps go up again. So the best time to buy them will be right before they go up again. Buying them now and using them now is of no savings to us.

  • malycious By malycious
    05.23.07  

    I think it's a great idea... i just hope this stamp is actually valid for the rest of my life.... I rarely use stamps though since online is so much easier... i still have a sheet of 37cent stamps left that will probably last me the rest of the year...

  • Tina1968 By Tina1968
    05.22.07  

    I like the idea and have some already. Why can't the gas companies do something for us too!

  • ladygtn By ladygtn
    05.22.07  

    I think this is a great idea its about time the postal service cuts us a break !!

  • mccop5196 By mccop5196
    05.22.07  

    I think it is a wonderful idea and I give them a thumbs up as long as they will "always" offer them. Forever means forever, so they should always be available forever.

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