Oct 01 2010

A 10 cent Savings Stamp, available for purchase until 1970.

When I was a kid we saved in school. Each week, the teacher gave students an opportunity to buy Savings Stamps. Some of you will remember Savings Stamps, and if you do, you know they had engravings of the Minuteman statue, they were licked and then they were collectively placed in paper folders to await redemption.

When the paper folders were full of stamps equaling whatever the proper purchase value was, they were traded in for a $25 United States Savings Bond. The Bond wasn’t worth $25 when you bought it, but with time would accrue interest until it could be cashed in for twenty-five dollars.

This book on war savings bonds might be of interest. Preview this Kindle Book by hovering your mouse over this link:

Factual information, the seven war loans and the victory loan, war savings bonds and stamps



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