Can postage stamps be used to invest?

cepheus

Answer finally recieved, what do you make of this? What is 'said service?'

Whilst stamps with a service denoted on the front will retain valid for said service irrespective of age, it is not possible for me to advise on any changes that may or may not be put in place in the event of Royal Mail being privatised/part-privatised at a later date - this would be at the discretion of the owner(s) and any regulations the new company may be subject to.

Should you have any further questions please do not hesitate to contact our primary Customer Services team via the Royal Mail website (link in the footer).

Regards

Pete Heffernan

Customer Service
Advisor

lisyloo

What is 'said service?'

If it says 1st then it's 1st.
If it says 2nd then it's 2nd.
If it's says 1st Large Letter then that's what is it.
So whatever is "said" on the stamp.

System

lisyloo wrote: »

If it says 1st then it's 1st.
If it says 2nd then it's 2nd.
If it's says 1st Large Letter then that's what is it.
So whatever is "said" on the stamp.

But you can use combinations of 1st and 2nd stamps to make up larger amounts (UK only) and it doesn't say that on the stamps. But are the make-up values whatever is the current price of the stamp, or the original price of the particular stamp? And can they tell - hidden UV stripe etc?

JohnRo

skelrigg wrote: »

In total we will make about £1,200.:beer:

No, you'll save that, less inflation.

MiserlyMartin

Yep you've not saved it until you've used them all either.

grey_gym_sock

"said service" ...?

i think they mean: after privatization, they may announce the end of 1st class & 2nd class mail, to be replaced by "Business Mail" and "Discount Mail", which would be entirely new services, with no resemblance at all to the old 1st and 2nd class, and therefore the old stamps would cease to be valid.

i expect they'd give fairly long notice of that, perhaps a year or so. and i imagine privatization is at least a few years off. but it does suggest that longer term investment in stamps is a bad plan.