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United States/BOB & Other : United States #S2 SAVINGS STAMPS MH

 

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1938324
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17 Jan 2021
11:58:18am
I've come across a #S2 SAVINGS STAMPS booklet containing 40 MH stamps. Does anyone have any experience with these? If I go to my 2016 Scott Cat. it's 40 x $7.50 = $300.00. Can these still be traded in for a U. S. Savings Bond, Series E - or would it be like when I go to our local Post Office and ask to buy an IRC - I get a look like I'm from another planet. What is the best course of action with these?? Thank you very much.
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musicman
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APS #213005

17 Jan 2021
02:37:52pm
re: United States #S2 SAVINGS STAMPS MH

Hi Bob,

A few notes:

1. If they are hinged, the value is not $7.50 per stamp; the catalog states immediately following the heading SAVINGS STAMPS, "Catalogue values for unused stamps in this section are for Never Hinged items."

2. In my experience, savings stamps can be purchased well below catalogue value, except for the most uncommon ones; I have purchased many in the past - with and without the booklets, and in conditions ranging from MNH to used.

3. S1, S2, S3, S6 & S7 can all be purchased for around a buck or 2 each; S4 can be had for $5-6 and S5 for about 20 bucks. These are all MNH price estimates, of course.


All that being said, these are, of course, estimates. And a booklet if near mint condition certainly adds to the value somewhat.



One question;

Are the stamps an attached sheet of 40? Or are they individual stamps?

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1938324
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17 Jan 2021
02:56:41pm
re: United States #S2 SAVINGS STAMPS MH

Thanks Randall!

The stamps are stuck in as a child would do, in rows of 7 stamps. Based upon everything said, it looks like we're talking about less than $20.00. Again, thank you.

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musicman
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APS #213005

17 Jan 2021
08:04:06pm
re: United States #S2 SAVINGS STAMPS MH

Bob,

Forgot to respond to your other question;

No - these cannot be traded in for Savings Bond...that program is long defunct.




The books with stamps in them are a nice addition to someone's military/wartime history collection....ephemera, if you will.

Many collectors are happy to include them.


Happy

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Author/Postings
Members Picture
1938324

17 Jan 2021
11:58:18am

I've come across a #S2 SAVINGS STAMPS booklet containing 40 MH stamps. Does anyone have any experience with these? If I go to my 2016 Scott Cat. it's 40 x $7.50 = $300.00. Can these still be traded in for a U. S. Savings Bond, Series E - or would it be like when I go to our local Post Office and ask to buy an IRC - I get a look like I'm from another planet. What is the best course of action with these?? Thank you very much.

Like
Login to Like
this post
Members Picture
musicman

APS #213005
17 Jan 2021
02:37:52pm

re: United States #S2 SAVINGS STAMPS MH

Hi Bob,

A few notes:

1. If they are hinged, the value is not $7.50 per stamp; the catalog states immediately following the heading SAVINGS STAMPS, "Catalogue values for unused stamps in this section are for Never Hinged items."

2. In my experience, savings stamps can be purchased well below catalogue value, except for the most uncommon ones; I have purchased many in the past - with and without the booklets, and in conditions ranging from MNH to used.

3. S1, S2, S3, S6 & S7 can all be purchased for around a buck or 2 each; S4 can be had for $5-6 and S5 for about 20 bucks. These are all MNH price estimates, of course.


All that being said, these are, of course, estimates. And a booklet if near mint condition certainly adds to the value somewhat.



One question;

Are the stamps an attached sheet of 40? Or are they individual stamps?

Like 
2 Members
like this post.
Login to Like.
Members Picture
1938324

17 Jan 2021
02:56:41pm

re: United States #S2 SAVINGS STAMPS MH

Thanks Randall!

The stamps are stuck in as a child would do, in rows of 7 stamps. Based upon everything said, it looks like we're talking about less than $20.00. Again, thank you.

Like
Login to Like
this post
Members Picture
musicman

APS #213005
17 Jan 2021
08:04:06pm

re: United States #S2 SAVINGS STAMPS MH

Bob,

Forgot to respond to your other question;

No - these cannot be traded in for Savings Bond...that program is long defunct.




The books with stamps in them are a nice addition to someone's military/wartime history collection....ephemera, if you will.

Many collectors are happy to include them.


Happy

Like
Login to Like
this post
        

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