Soar­ing costs be­hind sale of reused stamps

The Sunday Post (Dundee) - - NEWS -

The ris­ing cost of postage has fu­elled a mar­ket in reused stamps, al­low­ing shop­pers to buy them for a quar­ter of the price.

A first class stamp now costs 67p. How­ever, un­can­celled stamps, which have been through the postage sys­tem but haven’t been marked as used, are be­ing sold on on­line auc­tion sites for just 16p.

There is now a boom­ing sec­ond­hand mar­ket with ebay alone host­ing more than 2,100 list­ings for re-used first and sec­ond class stamps.

One seller claimed to sell 20,000 reused stamps a month.

The used stamps are thought to be ac­quired by ex­ploit­ing char­i­ties which sell on the en­velopes they have re­ceived in large quan­ti­ties in or­der to sup­ple­ment their in­comes.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.