Value of Postal Savings Defense Savings Bond stamp albums
Friday, April 1st, 2005
Categorized as: Savings Bond history
I have found several stamp albums that have Postal Savings Plan for the Purchase of US Defense Savings Bonds printed on the cover. Is there any value to these?
These are relics of the World War II era of Savings Bond marketing. 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.
The stamps didn't pay interest, so nowadays, they're still worth their face value. They can be redeemed by sending them to:
Bureau of the Public Debt
200 Third Street
Parkersburg, VA 26106-1328
They can be redeemed for cash or used to the extent of their value in partial payment for a Savings Bond.
You could also look and see what they're going for on eBay or other sites that auction off collectibles. Given how often I'm asked about these stamp albums, however, I suspect the supply is greater than the demand.