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US war savings stamps  
 

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Valued Member
United States
114 Posts
Posted 03/03/2016   08:10 am  Show Profile Bookmark this reply Add DaveG28 to your friends list  Get a Link to this Reply
Nice! I have two of those books that my grandmother gave me. She'd saved them herself. I didn't' think they had any collector value either, just an interesting piece to add to my collection.
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2 Posts
Posted 03/03/2016   08:25 am  Show Profile Bookmark this reply Add thg to your friends list  Get a Link to this Reply
Yes, the booklet that I "found" came from a family safe deposit box. It was also my grandmother that filled the booklet with stamps.

I don't remember her telling me specifically about these stamps, though she did share some wartime effort stories. The one that stuck in my mind is knitting socks for soldiers during WWI.

As you say, a bit of family history even if it has no collector value.
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United States
2859 Posts
Posted 03/03/2016   08:33 am  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
I have a Real Photo Postcard of my grandfather, pre-WW1, all decked-out in his new suit for his new job.

It doesn't get a place of honor for its collector value :)

I used to buy Savings Stamps as a kid, putting them into an Official USPOD tri-fold.

Cheers,

/s/ ikeyPikey
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Valued Member
86 Posts
Posted 04/01/2016   8:14 pm  Show Profile Bookmark this reply Add soccerfan to your friends list  Get a Link to this Reply
I believe you got a bargain; great piece of history!
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Valued Member
United States
363 Posts
Posted 01/11/2017   4:54 pm  Show Profile Bookmark this reply Add GregAlex to your friends list  Get a Link to this Reply
I spotted this on eBay today -- a savings stamp coupon! I'm not sure how exactly these were issued, maybe as a donation premium? Apparently (at least in Devon, PA) you could exchange five of these for a 10 savings stamp. Which you could then exchange for a savings bond. So how many coupons would it take to get a $10 savings bond...

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Valued Member
United States
321 Posts
Posted 01/11/2017   9:12 pm  Show Profile Bookmark this reply Add paperhistory to your friends list  Get a Link to this Reply
To be pedantic, there was no $10 savings bond in the mid 1960s - lowest denomination was $25 face value, purchase price $18.75. (The $10 savings bond existed during and after WWII but could only be purchased by active duty military, which is why they are comparatively pricey today). A number of merchants used US Savings stamps as premiums or gave them as change in the 1960s. I have an example in my postal savings/war savings exhibit but it's probably coming out in the next revision.
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Valued Member
United States
180 Posts
Posted 01/11/2017   9:19 pm  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
Somewhere I, too, have similar coupons and some of the stamps that were used to attract me to a gas station in Doylestown, PA (not too far from Devon, PA), circa 1965-67. Will try to locate and scan it when it resurfaces.
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Ron Lesher
Valued Member
United States
64 Posts
Posted 01/12/2017   08:17 am  Show Profile Bookmark this reply Add diane to your friends list  Get a Link to this Reply
i love the history on these. too bad the younger generation will have no idea what people did to help out the War. and the sacrifices people took not to long ago. I thinks thats sad.

but great find.
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Valued Member
United States
180 Posts
Posted 01/12/2017   09:54 am  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
Gulf gas stations in the mid-1960's promoted the savings stamps with coupons, five of which could be traded for a 10 savings stamp. Here are two more coupons similar to the ones previously illustrated.



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Ron Lesher
Valued Member
United States
180 Posts
Posted 01/12/2017   10:02 am  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
After the first coupons which were redeemable only at the Gulf station that handed them out, the program was broadened so that the coupons could be pasted into a booklet and redeemed at any participating Gulf station. These new coupons were issued in a coil format.

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Ron Lesher
Valued Member
United States
180 Posts
Posted 01/12/2017   10:06 am  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
Here is the booklet into which the coil stamps could be pasted. The cover states that the Gulf station would get a Savings Bond for 187 of the 10 stamps. Since the bond cost them $18.75, there was an additional 5 dividend. Somewhere I think I also have a booklet for the pasting in of the 10 stamps. If I find it, I will scan and post it.



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Ron Lesher
Valued Member
United States
363 Posts
Posted 01/13/2017   01:16 am  Show Profile Bookmark this reply Add GregAlex to your friends list  Get a Link to this Reply
So they were kind of like trading stamps for savings bonds. Interesting! Thanks for the education. If I'm doing the math right, it would take about 937 of these coupons/stamps (by spending $937) to earn a $25 savings bond. Roughly a 2.5 percent premium -- and you could feel patriotic just by getting a fill-up! Actually, in 1966 that would be a heck of a lot of gas.
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Edited by GregAlex - 01/13/2017 01:22 am
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