Personal Finance 

How To Buy Stamps Under Face Value

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I was in a Costco the other day and bought a 100-set of 37 cent stamps for only $36.75 (or something like that; it was under face value). Never had I thought you could buy a 37-cent stamp for less than thirty-seven cents! Armed with the knowledge that this was even possible and access to the infinite knowledge that is the Google (yes, The Google), I went out in search of a way to buy stamps on the cheap. What I found was that because stamps never “expire” and because stamps are often sold at a discount at estate sales, finding discounted stamps is actually quite easy.

Edward Mann of Thurmont, MD (website down) sells $2.22 worth of stamps for only $2. This what he says about his $2 packages:

Each packet contains 12 stamps of two different denominations. No more than TWO stamps from each packet are required to mail a 37¢ First Class letter. Each packet contains stamps enough for 6 mailings. Each packet is clearly marked so you know which two stamp denominations to use to post your first class mail. You can’t make a mistake! These older stamps are great for dressing up your mail. Add interest to your mail … and save money at the same time!

Honestly, I think it’d be fun to be using stamps people haven’t seen before and at a 11% discount how can you complain? Minimum order is only $10 so I think I’ll be purchasing a few and seeing what happens.

Wondering how he gets them cheaper? He explains:

I spend $1000s for stamp collections and accumulations each year. Quite frankly, I am often amazed at the off-center, low quality stamps some “collectors” will save! I pull these low quality buggers out and set them to one side. I could never, in good conscience resell them to my customers. So I use them as postage. However, I have way more than I could ever use. So I am offering them as discounted postage. Frequently, I pay only 90% of face for large, modern accumulations and so I’m breaking even…although, sometimes I paid more and I’m taking a slight loss. But, my loss is your gain!

{ 6 comments, please add your thoughts now! }

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6 Responses to “How To Buy Stamps Under Face Value”

  1. ~Dawn says:

    My grandma used to use the small denomination stamps, one time I got a letter with almost 3 complete ROWS of stamps! It was so funny, they couldn’t cancel all of them, so at the time, when I wrote her back I included a few that weren’t cancelled…..

    Thanks for that memory

  2. mbhunter says:

    I saw a set of four unused sheets of stamps at an estate auction. The face value of the stamps was $25. I guess that I was the only one who figured that out, because I was highest bidder with $11!

    They probably had some philatelic value, but I sold them to someone at a flea market for face value.

  3. pfadvice says:

    I’m not sure why this isn’t more widely known, but you can actually buy stamps anytime for 3% – 10% off face value (a much better deal than at cosco) from stamp dealers. They buy huge lots and want the valuable stamps, but want to get rid of the stamps that aren’t worth more than their face value asap and therefore discount them. If you send a lot of mail such as packages for online auctions, these places are great!

  4. pfadvice says:

    ooops…sorry about that…saw the first paragraph and missed the following ones before posting…

  5. It is actually illegal to reuse stamps that have gone through the mail, even if they did’t get cancelled.

  6. Stamper says:

    I once used a stamp that was not canceled and it was returned to me.. as requiring postage. I suspect that UV ink is used and may not be visible to the eye .. anyway if your letter is important it’s probably not worth the risk of taking off a stamp that appears to not be canceled.

    My 2 cents worth.

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