In North America, specifically.
2006-08-10 03:02:36 · 8 answers · asked by ? 6 in Business & Finance ➔ Other - Business & Finance
Yes. Being in the direct mail industry.... stamps of the correct denomination are able to be transferred "bartered" between clients. The problem is using the correct value and having them in the required manner.
If I were to use a high speed machine I would want rolled stamps. If you are giving me sheets of stamps it would take longer for me to load a machine and the stamps would be worth less. Therefore I would need to discount them. ( I do not want any, just answering your question)
Lastly, stamps never lose their face value and can always be used so they are not a bad investment. After awhile even the "regular" first class stamps that are unused increse in value - but it's not as good as putting your money in the bank at 5% as they wont appreciate that quickly.
2006-08-10 05:09:07 · answer #1 · answered by Anonymous · 0⤊ 0⤋
NO.
Currency is defined as:
cur·ren·cy ( P ) Pronunciation Key (kûrn-s, kr-)
n. pl. cur·ren·cies
Money in any form when in actual use as a medium of exchange, especially circulating paper money.
Transmission from person to person as a medium of exchange; circulation: coins now in currency.
General acceptance or use; prevalence: the currency of a slang term.
The state of being current; up-to-dateness: Can you check the currency of this address?
Stamps do not fit in any of the definitions.
2006-08-10 03:10:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No, you can think of them more as a reciept showing the postal service that you paid for postage.
2006-08-10 03:06:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Basically it is a receipt for future services. Like paying your light bill in advance.
You are paying for something that will be done for you in the future.
2006-08-10 03:12:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
it is a form of tax....the stamp tax act.
2006-08-10 03:09:09 · answer #5 · answered by dutchfam7 4 · 0⤊ 0⤋
Technically, no.
2006-08-10 03:07:03 · answer #6 · answered by TheOnlyBeldin 7 · 0⤊ 0⤋
can't barter them
2006-08-10 03:08:11 · answer #7 · answered by Anonymous · 0⤊ 0⤋
No, not at all.
2006-08-10 03:08:00 · answer #8 · answered by miketorse 5 · 0⤊ 0⤋