Is a stamp collection valuable?

Is a stamp collection valuable?

Nearly all unused U.S. stamps issued after 1930 are worth face value. While 1930 is nearly 100 years ago, stamps issued after this date are considered to be modern in the stamp collecting and stamp dealing community.

Which stamps are used to collect taxes and fees?

Revenue stamps are stamps used to collect taxes and fees. They are issued by governments, national and local, and by official bodies of various kinds.

What is an Internal revenue stamp?

Revenue stamps, also called fiscal stamps, have been issued around the world since the 17th century to verify the payment of taxes or fees on everything from alcohol and tobacco to playing cards and hunting licenses. Not used for postage, these.

How do I know what my stamp collection is worth?

Auction sites, stamp dealer sites, stamp forum sites, and stamp sites put up by stamp collectors and enthusiasts can easily be found online and these can give you an idea of the current market price of a particular stamp. You can easily and quickly find stamp values at

What can I do with an old stamp collection?

Ways to sell your stamps

  • Using a stamp dealer. It is vital to understand that dealers are often also collectors in search of a bargain.
  • Stamp fairs.
  • Stamp Magazine.
  • Selling stamps on eBay.
  • Donating stamps to a charity.
  • Selling stamps at auction.
  • Selling stamps by Private Treaty Sale.

Where can I use revenue stamp?

Revenue stamp has to be affixed when there is a receipt including note, memorandum, or writing such as:

  • Receipt of money, a bill of exchange, cheque, or promissory note.
  • Acknowledgement of movable property received in satisfaction of a debt.

Where do we get revenue stamp?

Revenue Stamps are available at all postal offices. Postal offices have made official comments that the revenue stamps are not available anywhere else, but local shopkeepers buy these stamps and sell them to their customers with a profit margin.

Why revenue stamp is required?

The purpose of revenue stamps (India) is to collect fees or income for the maintenance of courts. The Indian Stamp Act of 1899 is a statute – between 1899 and 2004, it was revised 51 times. If you make a payment of more than Rs.

How do I sell a large stamp collection?

9 ways to sell your stamp collection

  1. Stamp magazines. The reputable publication ‘Stamp Magazine’ (above) is available from larger newsagents and the classified advertising section will help you to locate dealers and collectors who offer a valuation service.
  2. Stamp fairs.
  3. Philatelic Traders Society.
  4. Sell at auction.