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investing in postage stamps

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Comments

  • InsideInsurance
    InsideInsurance Posts: 22,460 Forumite
    10,000 Posts Combo Breaker
    fwor wrote: »
    they put the price up, and then force you to add extra stamps to make up the difference between old and new price (or surcharge the recipient)?

    No, it changed several years ago when stamps started to be marked as "1st" or "2nd" instead of their price. The only real exception to this was the introduction of "large" stamps where they added an additional restriction to the 1st of dimension (previously it was just weight)
  • heretolearn_2
    heretolearn_2 Posts: 3,565 Forumite
    At our business we are planning on buying a load before end of April to keep us going at the old prices for a few months, but I can't see much scope in buying to resell to be honest, unless you found a business that didn't plan ahead and so could sell them all you had, otherwise you are piddling about trying to sell to loads of people for a few pence profit each time. And of course, most businesses that do a lot of post use franking machines. We did and are just 'between contracts' right now as we shop around for new supplier.
    Cash not ash from January 2nd 2011: £2565.:j

    OU student: A103 , A215 , A316 all done. Currently A230 all leading to an English Literature degree.

    Any advice given is as an individual, not as a representative of my firm.
  • funnyguy
    funnyguy Posts: 2,561 Forumite
    edited 2 April 2012 at 9:22PM
    I did ask this question on another post but not satisfied with answers received.Question if you bought bulk stamps and the Queen died soon afterwards.How long would the stamps be valid for afterwards?
  • lincroft1710
    lincroft1710 Posts: 19,446 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 2 April 2012 at 4:23PM
    Stamps aren't "legal tender".

    But if you mean how long would they be valid for, back in the 1960s/70s I came across a recently posted envelope with a George VI stamp on it. So there may not be a time limit or if there is then Royal Mail would probably make a suitably dignified statement at the right time.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Stamps aren't "legal tender".

    But if you mean how long would they be valid for, back in the 1960s/70s I came across a recently posted envelope with a George VI stamp on it. So there may not be a time limit or if there is then Royal Mail would probably make a suitably dignified statement at the right time.

    bearing in mind RM is on the cusp of privitisation
    so nothing is 100% as to how long stamps will remain valid
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