Jun 23, 20 wwii war bonds war bond stamp book, first page stay safe and healthy. The concept was continued in other oklahoma cities and throughout the. Rare 39x30 wwi 1918 poster victory liberty loan, navy sinking uboat. World war ii remembered usps commemorative boxed set. Other nations used postage stamps as a medium to deliver war messages and imagery. The stamps didnt pay interest, so nowadays, theyre still worth their face value. War bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. Despite the war s hardships, 4 million americans were asked to purchase war bonds to help fund the war. The world war ii poster collection is comprised of propaganda posters generated by united states government agencies, civilian service organizations, and foreign agencies between 1941 and 1945. War bond stamp book from world war ii museum of american. Stamp album used for buying and storing war savings bonds. War bond drives the encyclopedia of oklahoma history and. War ration stamps were a common item, and they are not in high demand as a collectible item, making their value fairly low.
Pricing depends on rarity, and they get more value, the more provenance you can document tying it to particular families, particular persons, and so on. Wwii war bonds war bond stamp book, first page wwii. Each stamp was issued at a discount and had a duration of five years, giving the stamps the properties of a zerocoupon security. Each week a stamp was purchased for a small amount, like 10 cents. The gold bond stamp company started during the great depression as a way for grocery store owners to draw in customers by offering a special incentive. Unfortunately it has had to be postponed until 2022 because of the coronavirus. What is the value of 1940s war bond stamps answers. World war ii savings bond stamp books were issued by the united states treasury department in 1942. The war ration stamps are very common and the demand for them in the collectors circle is not very high. World war ii remembered usps commemorative boxed set united states postal service on. World war ii united states savings bonds and stamps. The war savings stamps of world war ii were redeemable in the form of u. Ron leith auctions sale 48 page 53 stamp auction network.
Treasury war certificates, defense bonds, or war bonds. Fires of war by larry bond, jim defelice and a great selection of related books, art and collectibles available now at. War bond stamp book from world war ii prev next during both world wars, treasury realized that selling bonds to the poorest americans was good for the war effort because it helped to reduce inflation and tie the interests of a wide swath of the public to that of the national government. Series e savings bonds were initially sold by the u. These are relics of the world war ii era of savings bond marketing. When you accumulated enough stamps and your booklet was full, you received a bond. This canadian 50cent stamp depicts the manufacture of artillery. Most history books that cover the wwii war bond system do not include pictures of the bonds in question. Stamps also could be purchased, starting at 10 cents each, to save toward the bond. Mint us stamps are worth their face value to use as postage, so you can use yours that way, if you need.
So that buying bonds wouldnt be such a burden, stamp books were created. Each fivedollar series had a corresponding booklet to affix the stamps within. Art of the market by bob tamarkin, les krantz in the days before advertising and annual reports, the stock certificate projected a companys image of quality to the world through artwork and embellishments that epitomized the times. Richard carhart, chair of the oklahoma county war bond campaign, originated the idea. During both world wars, treasury realized that selling bonds to the poorest americans was good for the war effort because it helped to reduce inflation and tie the interests of a wide swath of the public to that of the national government. The defense and later war savings stamps of wwii were different. If you had war bonds that were issued in 1940, they were worth about 3. This is an original united states defense savings bond album from world war ii.
London 2020 exhibition 6 x 1st class stamp book royal mail. As the stamps filled little gold books, customers could exchange them for free merchandise. Postal savings and war savings stamps herbstmancollection. The sentimental value is of more value, as it reminds people of the struggles and their contribution to the war effort. In an effort to support the war, the government issued war bonds, savings bonds whose purchase went to the war effort.
A war bond is basically a bet, on who is going to win a war. Vintage my victory book 10 cent war bond stamp by papertales. Communities joined together to hold scrapiron drives, and schoolchildren pasted saving stamps into bond books. Buy 1st and 2nd class stamp books x 4, x 6 and x 12 from royal mail. Apparently, oklahoma built the nations first war savings stamp bank. One stamp company official dumped weighted sacks of redeemed books into the sea, only to find divers following him and retrieving the sacks. These stamps could ultimately be redeemed for treasury certificates or war bonds. The end of the second world war prestige stamp book. This book analyzes more than 200 certificates that collectively render americas social and economic history through wars and peace, panics and prosperity.
War bonds, or series e saving bonds as they were subsequently called, accrued interest until june 30, 1980, when they were replaced by series ee saving bonds. Roosevelt announced the new series e defense savings bond known informally as defense bonds to finance the war on april 30. Stamps, postal history, and ephemera paul petersen for the reading stamp collectors club 04th august 2014. Stamps for the war effort america in wwii magazine. The army, navy, marines and coast guard were all honored with stamps during the war. How to cash in a series e war savings bond the motley fool. Individuals accumulated their war savings stamps in various collection booklets provided with the purchase of a stamp.
The collection contains numerous posters addressing u. War gardens victorious wwi national war garden commission color poster 1919. War bonds and stamps were sold to provide war funds, and the american people also united through volunteerism. We are still accepting telephone orders but please note our lines are very busy at the moment. This retail stamp book of six first class stamps was launched on 10 th march to celebrate the london 2020 international stamp exhibition which was due to take place at the business design centre in islington between 2 nd and 9 th may inclusive. During both world wars, treasury realized that selling bonds to the poorest americans was good for the war effort because it helped to reduce inflation and tie.
If you bought this one ready for the korean war, it would have won. You save more than money with united states savings bonds. If you do not take your winnings, the stake and the winnings paid to the stake remain. Filled collection booklets could later be used to purchase series e war bonds. Interesting question, since i have some as family heirlooms, meaning they are not for sale. What was 1950s school savings bond stamp program answers. The merchant marine, which served gallantly at the cost of thousands of lives, got its recognition in february 1946. If your war ration book one was issued to you on application by a member of your family, the number of stamps torn from the books of the family was based on the amount of sugar owned by the family, and was divided as equally as possible among all the books. The postal savings system and united state savings stamps from. The great war 19141918 is probably the worlds alltime second major event. Add to your current themed stamp book collection with our wide range of prestige stamp books based on a variety of subjects and fascinating themes. Ws8 war savings 25c dark blue green minute man plate block mh see photos j453.
You could buy stamps at the post office, put them in a book, then trade the book for a savings bond when it was full. Take a look behind the scenes with this stunning james bond prestige stamp book. Stamp album for the purchase of united states war savings bonds. Please practice handwashing and social distancing, and check out our resources for adapting to these times. Dedicated on march 11, 1918, it was located east of broadway street in the center of main street in oklahoma city. In practice, modern governments finance war by putting additional money into circulation, and the function of the bonds is to remove money from circulation and help to control inflation. Stamp album for the purchase of united states war savings bonds with 44 stamps. Presented here are the war savings stamp issues of 1918 1921, the rare interwar treasury savings issue of 1921.
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