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Topic: Not so fast, Postal Service: Court rules stamps must return to 46 cents

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Subject: Not so fast, Postal Service: Court rules stamps must return to 46 cents
Date Posted: 6/7/2015 11:36 AM ET
Member Since: 11/30/2007
Posts: 4,979
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http://www.msn.com/en-us/news/us/not-so-fast-postal-service-court-rules-stamps-must-return-to-46-cents/ar-BBkL5kc?ocid=mailsignout

 



Last Edited on: 6/8/15 4:18 PM ET - Total times edited: 2
Date Posted: 6/8/2015 11:22 AM ET
Member Since: 5/25/2009
Posts: 600
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Except if media mail prices remain the same, but the value of the Forever stamp drops, I don't see how using stamps over online postage is an advantage? The online postage comes with free tracking now too. 

Cathy A. (Cathy) - ,
Date Posted: 6/8/2015 11:52 AM ET
Member Since: 12/27/2005
Posts: 4,138
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I don't get it either. If you have any Forever stamps you purchased at 49 cents each, they'll only be worth 46 cents once this rollback is implemented; whether you use them on Media Mail or First Class letters. So you just lost 6% on your stamp investment, whereas if you had been buying online postage all along in a pay-as-you-go mode, you would not have lost anything.

On the other hand, if you stocked up on Forever stamps when they last cost 46 cents, and you still have some from that time, then I guess you've been making money all along.

Date Posted: 6/8/2015 2:16 PM ET
Member Since: 3/25/2014
Posts: 2,793
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I use Forever Stamps to mail CD's at the letter rate.  It's not Earth shattering but if they lower the value to 46¢ that will lower the value of the Forever Stamps I already bought.  It's 93¢ (71¢ + .22¢ non-machinable fee) to mail a CD in a birthday card envelope.  I use 2 Forever Stamps and I dont have to worry about penny stamps.  If 2 Forever Stamps are only worth 92¢ I will be back to having to keep penny stamps on hand and will be putting 3 stamps on the envelope.  If they do make this change I hope they will print new Forever Stamps and recognize the old Stamps as being worth 49¢.  

EDITED:  The purpose of Forever Stamps was to always be valid as a First Class stamp no matter the rate.  So if they lower the cost/value of Forever Stamps they would also lower the First Class rate.  This saved the Post Office the time, trouble and money in not having to printing 1¢ stamps and not having a bunch of people standing in line to buy 1¢ stamps.  

EDITED:  USPS Must Lower the Cost of First Class Stamp

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Last Edited on: 6/8/15 7:18 PM ET - Total times edited: 4
Date Posted: 6/10/2015 3:16 PM ET
Member Since: 6/30/2008
Posts: 2,911
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I was at my p o yesterday and nobody there had heard anything about this. If the price of stamps changes I think it will be some time before it happens.