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January 23, 2014

Postage stamp prices go up on Sunday

DUNCAN — The price of a postage stamp will increase to 49 cents cents on Sunday

As the date for the 3-cent increase loomed closer, Duncan Postmaster Andi Davis said she has seen an increase in forever stamp purchases.

“I encourage anyone who wants to buy their stamps to do it this week, as long as they buy them between now and Saturday,” Davis said.

The rate increase was prompted by the recession, which resulted in a loss of money made off stamps between 2008 and 2009, according to postal officials. The rate increase was proposed as temporary, not lasting longer than two years.

Davis said the value of forever stamps will increase with the price of stamps. Instead of forever stamps having a set rate, they increase as the price of stamps increase, she said. This is one reason why she recommends people buy their stamps before the price increases.

“Once you buy them at this price, they’re good forever,” Davis said.

Postage stamps aren’t the only rates to increase. Davis said there will also be an increase in postcard stamps. That rate increase will take postcard stamps from 33 cents to 34 cents.

 

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