Can you sell stamps back to the post office in UK or USA? No, you cannot! Once you buy stamps from the Post Office, you cannot sell them back. However, there are other options to cash in your stamps.
For instance, you can sell stamps to a Postage Buying Service for a cash payment.
Will the Post Office buy back Stamps?
Because unused postage cannot expire, you can resell stamps and guess what? This is 100% legal, and there are no laws that is against the resale of postage stamps.
Will the Post Office buy back your stamps?
Maybe! There have been reports that the Post Office may be able to collect unused stamps (not over the counter though – you’ll have to mail them in) and do a cash refund if it is bought and returned within 24 hours. However, restrictions and rules may apply.
Where can I Sell my Purchased Stamps?
You can sell to your neighborhood liquor store, Walmart or Costco. In other words, any business that sell stamps, and is not the Post Office, legally resells stamps.
Your local Post Office may be able to take them off your hands (not over the counter though – you’ll have to mail them in) for a 15% fee. You will probably need the original receipt.
No! You cannot buy postal orders with them.
The clerk/postmaster may take pity on you (against the rules) if they are your friends too.
Do you have corner shops that sells stamps? You can sell it to them – they’ll want a cut though.
ALSO SEE: Does Postage Stamps Expire?
How Much Can You Expect to Receive?
Good news! All unused stamps issued after 1930 are worth face value. In other words, a 20$ stamp should be worth $20.
However, the resale market for unused postage is almost a percentage of face value. The case is different for companies that sell them though.
For instance, as an individual, buyers would typically pay 50% face value. So, a $20.00 stamp could be sold for $10.00. Not the best price, I know but that’s a good option if you need money, or don’t see the need for them.
Remember, since postage CAN NEVER EXPIRE, it may be better for you to hold on to them and use them in the future when the need arises.
Good news! If your stamps are older than 1930, they may have a premium collector value. That means they mean be worth more than their face value. I recommend checking with a stamp dealer if you think stamps are older than 1930.
Other Ways to resell unused postage stamps
The quickest means to reselling stamps is by using a stamp buying service. They buy unused stamps from leftover marketing campaigns, stamp collections, and wedding invitations.
They will price your unused stamps at a nice price, and have no end to the limit they can buy. Oh! Turnaround is fast too; it happens within 1 week too.
Even better, since many of these sites display rates on their website, you’ll know exactly how much money you’ll receive.