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?

Tom’s response

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.

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22 Comments

On July 25th, 2006 Rosie said:

If these stamps are from World War II why is it that my husband was able to buy them when he was in High School in the 60’s He has a $.10 cent album and a $.25 cent album they are not fill. In back of the $.25 cent album is printed a timeline of interest or value of stamps . If you save $1.25 after 1 year it worth $65.20 and after 5 years $341.25 and after 9 years $ 710.55. So what is the truth ?

On July 25th, 2006 Tom Adams said:

Rosie - according to the US Treasury’s Stephen Meyerhardt, the last U.S. Savings Stamps were sold in June 1970, so it looks like your husband is telling the truth.

The timeline, on the other hand, is problematic. To get from $1.25 to $62.50 in one year requires an interest rate of 1,214%. From there to $341.25 in four additional years requires an interest rate of 47.3%. From there to $710.55 in the last four years requires 19.2%. These rates aren’t true.

On July 23rd, 2008 linda said:

where can we cash these US Defense saving Bonds,?
series war E bonds……..
derect obligation of the US government,
full faith credit of US Gov for payment
is what they say do i submit to Pres. Bush?

On July 24th, 2008 Tom Adams said:

Linda - the information you’re looking for is here.

On August 31st, 2008 Elaine said:

I found a us defense savings bond stamp book in a box at grandmas house what is it and are they worth anything? It is from 1942.

On September 2nd, 2008 Tom Adams said:

Elaine - the information you’re asking for is in the article at the top of this page.

Tom Adams

On October 31st, 2008 Julie Pittman said:

Hi Tom: I found a 25 cent savings stamp album that my mom started for me, but it’s not full. It has $6.00 worth of stamps. Can this also be redeemed using the address you mentioned, or does the book have to be full.
Thanks,
Julie

On November 3rd, 2008 Tom Adams said:

Julie - you can send it in as is. It doesn’t have to be full.

Tom Adams

On August 26th, 2009 Mark said:

I bought a savings bond on ebay. Can I cash it in?

On August 26th, 2009 Tom Adams said:

Mark - no, you can’t cash it unless it has your name on it. There’s more info at Possession is 0% of the law.

Tom Adams

On September 3rd, 2009 Preston said:

Are all of the Postal Savings Plan stamps the same? Mine are 10 cent, red, with a picture of a militia man.

On September 16th, 2009 sue said:

I would like to clarify some confusion Rosie had. On the back of this album, it explains how, if you save X amount each week, you will have Y amount in 1 yr., 5 yrs., and in 9 yrs, 8 mos. It does not mention interest rates. AND, you have to fill the album and trade them in for savings bonds before they begin to mature. It says,”take this filled album …to exchange for a U.S. Savings Bond. This was just a method for school age kids to acquire savings bonds, that’s all!

On September 16th, 2009 Tom Adams said:

Sue - thanks for clarifying. So if you save $1.25 a week, after a year you have 52 x $1.25 or $65.

Tom Adams

On September 23rd, 2009 shanda said:

my mom and i found a $2.00 postal bond baught by her gramdmother in 1938. how would we go about cashing it, or finding out how much it would be worth?

On September 24th, 2009 Tom Adams said:

Shanda - Sorry, I don’t know the answer to your question.

Tom Adams

On November 8th, 2009 Heather Cripe said:

Tom,
We inherited a couple WWI War Bond LP’s and I was wondering if you would know how we would find information on their value. Thank you for your time!
Heather

On November 9th, 2009 Tom Adams said:

Heather - Sorry, I don’t even know what a WW I War Bond LP is.

Tom Adams

On February 19th, 2010 ian woods said:

I HAVE A UNITED STATES DEFENSE SAVINGS BONDS FROM WW2 WITH 3 STAMP’S IN THE BOOK DOES IT HAVE ANY VALUE$$$

On March 9th, 2010 Lorraine Russell said:

I have United States savings stamps @25 cents each I, also have books of them. I purchased them in the West End of Boston Post Office. I also have some from my sister who passed. I bought them in or around the 50’s. I am interested in the value and who I can contact to turn them in. Thank You for your information.

On March 9th, 2010 Tom Adams said:

Ian and Lorraine - the article at the top of this page has the information you’re looking for. The stamps are worth their face value and you can cash them in using the address above.

Tom Adams

On April 21st, 2010 Veronica K said:

I HAVE A UNITED STATES DEFENSE SAVINGS BONDS FROM WW2 filled wiht 10 cents stamps to 13.00. THe last two stamps dont have a date on them at the top like the others in the book. would this make them more valuable?

On April 22nd, 2010 Tom Adams said:

Veronica - My impression is that there are a lot more of these available than there are people interested in collecting them, but I have no real knowledge in this area.

Tom Adams

Comments Closed

June 1, 2010

After six years, over 400 posts, 3,680 real comments, and over 90,000 spam comments (thank you, Akismet, for making managing a blog with comments possible), I am closing public comments on Savings-Bond-Advisor.com. I will contine to update the main articles on this site, but not the comments.

Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for. If you have a copy of Savings Bond Advisor, you can ask me a question here.

Tom Adams

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