UniSquare Item ID Number:
Great collectible stamp, the Minuteman US Postal War Savings Stamp in Mint Condition from 1961. 2 Different Stamps available...see scans.
1961 25¢ Postal Savings Mail
Printed by: Bureau of Engraving and Printing
Printing method: Engraved
Color: Dark Blue, Carmine Red
The United States Savings stamps program was created in 1954 to encourage savings and thrift among American schoolchildren.
Stamps were issued in denominations of 10¢, 25¢, 50¢, $1, and $5.The “Minuteman” Savings stamps were accompanied by albums and other materials that appealed to the spirit of patriotism.
U.S. Savings stamps were purchased by school administrators at local post offices and resold to students.An album containing $18.75 in Savings stamps could be exchanged for a U.S. Savings Bond with a face value of $25.00.
In 1958, the 25¢ Savings stamp was reissued with a new design that incorporated a 48-star U.S. flag. In 1961, the 25¢ stamp was updated to include a 50-star U.S. flag in recognition of Alaska and Hawaii’s admission to the Union. The U.S. Savings stamp program was discontinued in 1970.