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MSE News: Stamp prices likely to rise as cap confirmed

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Comments

  • cepheus
    cepheus Posts: 20,053 Forumite
    edited 27 March 2012 at 5:30PM
    I think the US postal service guaranteed their stamps indefinitely, but yes the privatisation is a risk to a pre-April buying strategy. I can see this hike being a big cash boost as people rush in, with the risk that new stamps will be issued in a few years time!
  • tifo
    tifo Posts: 2,156 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    my two local post offices are not happy as well ... post is now delivered and collected when they want, unlike before when it was regular. I'm told some days they don't even turn up to collect !!! that's modernisation.
  • MikeR371
    MikeR371 Posts: 55 Forumite
    I was wondering if I could make a quick profit by buying these in bulk, so I had a look what sort of prices stamps go for on ebay. I was expecting a small discount to retail price, but to my surprise they actually seem to be selling for more.

    For example, current for sale are:

    12x2nd class for £4.99 - retail price £4.32
    12x1st class for £6.39 - retail price £5.52
    6 x1st class for £3.99 - retail price £2.76

    ... what is going on???
  • vekma
    vekma Posts: 9,838 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    30% increase has my pay gone up 30%, no didn't think so
  • cepheus
    cepheus Posts: 20,053 Forumite
    MikeR371 wrote: »
    I was wondering if I could make a quick profit by buying these in bulk, so I had a look what sort of prices stamps go for on ebay. I was expecting a small discount to retail price, but to my surprise they actually seem to be selling for more.

    For example, current for sale are:

    12x2nd class for £4.99 - retail price £4.32
    12x1st class for £6.39 - retail price £5.52
    6 x1st class for £3.99 - retail price £2.76

    ... what is going on???

    Can you send me the link, is it free postage? (bizarrely) why anyone should wan't to buy expensive stamps goodness knows! I suppose it assumes people can't divide and calculate the cost!
  • cepheus
    cepheus Posts: 20,053 Forumite
    Derivative wrote: »
    Does anyone have a chart of historical stamp prices?
    Mainly interested in the last 20 years or so.

    It does seem to be rocketing in recent years, I think First Class were at 20-30p within my lifetime.
    Price-of-a-first-class-st-001.png
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    cepheus wrote: »
    Can you send me the link, is it free postage? (bizarrely) why anyone should wan't to buy above cost stamps goodness knows!

    using up paypal money most likely
    saves it going through the bank
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    cepheus wrote: »
    Price-of-a-first-class-st-001.png

    look where the rises start to increase
    DSA time
  • anjak-j
    anjak-j Posts: 45 Forumite
    brewerdave wrote: »
    ..and the charities will suffer because people won't buy cards!!

    I'd just as soon as give the money I'd spend on postage and cards to the charities directly - at least they get the full amount that way - and tell friends and family that a donation was given to that charity in lieu of cards via a nice e-card.

    The Royal Mail is expensive, poorly managed and inefficient, and all three will be its downfall.
  • anjak-j
    anjak-j Posts: 45 Forumite
    cepheus wrote: »
    Price-of-a-first-class-st-001.png

    The price increase over the past decade is ridiculous. I actually remember a second-class stamp being just [single-number]-pence. (I was born in the early 80s, for disclosure's sake.)
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