Monday, December 16, 2013

Happy 240th


December 16, 1773

Anyone interested in a repeat performance?

I know you aren't looking at the stamps but tear your eyes for a moment and then ponder the reality of an EIGHT CENT stamp from 1973. Then look lower. No, not her curves, the stamp price curve even further down.

This is an historical graph of stamp prices. Just in case you forgot 1971 is when Nixon stopped convertibility of the dollar to gold.

Anybody ready to toss some tea yet?

This is a repost from 2007.   And yes, the price of a first class stamp has continued on that slope. 

1 comment:

Cinco-X said...

RD:...an historical graph of stamp prices. Just in case you forgot 1971 is when Nixon stopped convertibility of the dollar to gold.

1971 was also when the USPO began operations as an independent organization...Also a major postal strike in 1970...