Think stamps are only worth the paper they’re printed on? Philatelists will tell you to think again. The tiny One-Cent Magenta stamp, now on display at the National Postal Museum, recently sold for $9.5 million. 

Of course, that sole-surviving stamp of the British Guiana penny issues is the rarest stamp in the world. Other stamps deemed collectible by the philatelic community are also worth a pretty penny. 

Take the 1918 Inverted Jenny 24-cent airmail stamp. It is one of the world’s most collectible stamps because a sheet of 100 misprinted stamps showing an upside-down biplane was accidently sold to a customer. In today’s market, an Inverted Jenny stamp could fetch close to $1 million. 

Yes, collectors are passionate about their stamps. Indeed, stamp collecting even has a month – October – designated to recognize an activity that can range from a hobby to an obsession. Two years ago to celebrate National Stamp Collecting Month, the U.S. Postal Service reissued 2.2 million Inverted Jenny souvenir stamp sheets. The souvenir stamp sheets feature six $2 stamps and sells for $12. Collectors could buy the stamps at select postal retail counters and through USPS.com, eBay.com, and by ordering via a toll free phone number. The Postal Service’s goal was to sell all 2.2 million stamp sheets in the first 60 days for $26.4 million in revenue. As of March 31, total stamp sales were about $13 million.

To generate interest in stamp collecting and engage new generations of stamp collectors, the Postmaster General requested that the Postal Service create 100 additional stamp sheets that showed the biplane upright. Seventy of these Un-Inverted Jenny stamp sheets were distributed to be sold in the top 50 markets along with 1.2 million Inverted Jenny stamp sheets. The remaining 30 Un-Inverted Jenny stamp sheets were to be randomly distributed in the first 60 days of release.

While an innovative idea, this action had the unintended consequence of creating and improperly distributing a philatelic rarity, our recent management advisory noted. The Postal Service strongly and inappropriately influenced the secondary market by creating a rarity, the report said. In 2014, at least two Un-Inverted Jenny stamp sheets sold for more than $50,000 each. Our report recommended the Postal Service develop a formal process for philatelic promotions. 

What reaction did you have to the issuance of the upright Jenny stamp? What types of activities do you think would enhance support of the philatelic program? 

Comments (383)

  • anon

    Some people in the USPS need to go to jail for fraud. To begin, intentional creation of errors has been adjudicated to be wrong after the Hammarskjöld and Thatcher Bridge issues, yet this issue deliberately flaunted the findings of the court. Next, there was a fraudulent announcement that the errors would be randomly distributed among the normal product, but this was a deliberate lie, as there was no intention to conform with this promise, and, although about half of the normal product has been sold, the bulk of the errors have been withheld. This is fraud known as "salting the mine" to sell the product to a credulous public. Either the liar or the parties who conspired to withhold the distribution (or both) should be prosecuted.

    Aug 31, 2015
  • anon

    This blog is in response to the OIG's Office of Audit's report on philatelic initiatives. The Office of Investigations handles any misconduct, legal or otherwise, as appropriate. Thank you for your comments.

    Sep 11, 2015
  • anon

    I and all the other stamp collectors I know were led to believe the USPS was going to randomly distribute all 100 right side up Jenny souvenir sheets throughout the US post offices. Any US post office, small or large had a equal chance of receiving one of these panes. Now we find out that larger post offices were given preference and smaller post offices never had a chance. In addition we learn that the USPS selected people from their mailing list to receive panes free. I have been a US stamp collector for almost 60 yrs. This process excluded me from a chance to receive a pane. I purchase hundreds of dollars worth of postage stamps a year from my local Post Office; most of which I collect and are never used for postage. The unfairness of the distribution of these upright Jenny Souvenir sheets has really soured my on collecting new US postage stamps. I don't get what they were thinking.

    Aug 31, 2015
  • anon

    Thank you for taking the time to respond to our blog, Steven. Page 4 of our report did report on the unfair advantage to customers. We sincerely hope our recommendations result in a stronger process for the philatelic community and its collectors.

    Sep 11, 2015
  • anon

    After reading thru the comments it seems the majority of collectors are not happy with the way the inverted jenny was distributed. I don't understand why the postal service is all of a sudden concerned with how their cash cow is operating. If their was any genuine concern, the stamp would have been issued as a "forever" or current postal rate, so that it was affordable and would be used for postage. There has been several of these "reissues" of older stamps, but always at a higher then needed value and too many on the sheet. We need more collector in decision making positions.

    Aug 30, 2015
  • anon

    Hi Tom, just to clarify, the Office of Inspector General is operating and responding to this blog, not the Postal Service. We are an oversight agency that is independent from the Postal Service. As such, we are interested in the opinions and viewpoints of collectors and customers. Several other comments have addressed the face value of the stamp, as well as the practical use of collector stamp issuances.

    Sep 03, 2015
  • anon

    The basic design shows little artistic skill or imagination; the only well-executed part of the sheet is the stamps copied from the original issue. The rest of the sheet is poorly drawn and amateurish. Also, the whole idea of producing and distributing these sheets is nothing but an obvious appeal to greed and an attempt to sell as many normal sheets as possible to gullible novice collectors.

    Aug 29, 2015
  • anon

    Remember the Farley Issues? Same thing really in regards to this made for collector "error". It was promoted wrongly and because several were "given away" it is unfair to collectors who did not get one. Many spent a lot trying to obtain one. You should reprint a limited number for all collectors to obtain it should they wish to just as the Farley issues were done because of collector and public outrage. I am a stamp research specialist who has been studying a British stamp printing company called the Format International Security Printers Ltd. Part of the research involves the production of varieties and made for collectors errors produced during the 1980's. Many would call it a scandal but in reality they were produced to promote stamp collecting of many other countries. These varieties were only available through the philatelic agents outlets at the time and the majority were not sold "over the counter" just as the imperforate press sheets have and are offered only through mail order here. Even though there are some I call out dated collectors and dealers out there that are fervently against this, if the varieties are produced in quantities that satisfy collector demand yet do create a semi rarity and are sold at fair value, there is no reason not to. Errors in themselves should be obvious as in inverted frames, missing color and so forth just like the "right side up" Jenny with strict documentation that indeed they are made for collectors intentionally in limited quantities. The same goes for the imperforates, Specimen overprints and progressive color proofs. Some do not realize this but genuine errors can and will be found even among the varieties. Therefore interest will automatically happen if they are produced and made available not only through the mail but some can be offered over the counter as well. These are modern times now and many other countries already offer varieties of issued stamps and therefore to remain competitive the USPS should follow suite and of course other major countries will follow us as they have with uncut press sheets and other varieties already. If certain collectors and dealers don't like them, don't buy them. There are millions who will and they will help the USPS financially which in turn could cause costs to mail letters and packages to drop.

    Aug 28, 2015
  • anon

    John, thank you for the information. We did not review other country's philatelic initiatives when preparing this audit report. However, this idea is trending and we may consider this for future audit work. Thanks again for taking the time to share your experiences with the OIG.

    Sep 11, 2015
  • anon

    This might have been a good idea--had the stamp been issued as a stamp people would have actually used. It should have been a "forever" stamp, or perhaps an international-rate "global forever" at absolute most. By issuing this stamp in a high denomination, and then artificially creating a rarity, USPS is giving the impression that it is just trying to milk the collecting community. It is absolutely no surprise that this stamp's sales are so low. No one likes to feel cheated.

    Aug 28, 2015
  • anon

    Another big trend in these comments relates to the stamp denomination. Thanks for taking the time to express your viewpoint, Gannon.

    Sep 11, 2015
  • anon

    First and foremost, I would like to say "thank you, thank you, thank you" to the Postmaster General for even considering the philatelic community and giving us a boost in importance. We definitely feel like the "neglected step-child" and ANY attempt to generate interest and involve our hobby should be roundly applauded, whatever the outcome. Could this have been handled differently...of course. Did it have to be a $2 value? Was the distribution equitable? Were federal rules broken? I don't have answers to these. But did it give our hobby a shot of caffeine, you bet!!! My initial reaction was and remains extremely positive. I've bought about 10 sheets and have a running joke with the USPS employee where I do business: when I get to the counter, I ask for a $12 lottery ticket. She laughs, asks me how many sheets have been discovered (she knows I subscribe to Linns), and hands me a package of Jennys. I'm sure the naysayers will outnumber me 25 to 1. Get over it stamp collectors. I still contend that whatever gets our dying hobby into the news and creates some interest is OK with me, and I think the USPS did a very positive service to the community. In hindsight, EVERYTHING could have been done better, but that is not really the point. The USPS actually considered the stamp collector and I think that is the real issue at hand.

    Aug 28, 2015
  • anon

    Thank you for that refreshing, alternative viewpoint. What an interesting way to put a positive vibe on the situation!

    Sep 11, 2015
  • anon

    This was an interesting idea, which if were executed as advertised might have been pretty good. Instead it was more of a fiasco. The real question now is what to do with the 80 or so sheets that have not been sold? I do not think they should be destroyed - that would make the 20 or so out there even rarer. My suggestion, assuming the Post Office still has control of some or all of the remaining unsold sheets is to do something similar to what was done with the incorrect cowboy sheets. Raffle them off - one entry per address. Money order for the face value of the stamps. Draw the number of entries corresponding to the number of sheets remaining. That way everyone has what is essentially a fair opportunity to get one. Continue the numbered card from the PMG to account for each. Any sheets that are in the distribution system should remain there and they will hopefully be purchased by someone at some point. Finally, the post office should continue selling the regular sheets until all or most of the error sheets have been accounted for.

    Aug 28, 2015
  • anon

    Bill, thanks for taking the time to respond to this blog. The Postal Service is working with the OIG to identify a plan to address the unsold Jenny stamp sheets. A final determination has yet to be made. We hope to have final resolution for all outstanding recommendations by December 31, 2015.

    Sep 11, 2015
  • anon

    The "upright Jenny" sheetlet was a scam to pick the pockets of collectors, and it also purposely violated USPS regulations. It was the final scheme that prompted my quitting stamp collecting. I'm pleased the Inspector General is taking action - better very late never.

    Aug 28, 2015
  • anon

    It was a lottery scheme that seemed attractive but not great for the honesty and integrity that we should expect from our postal service. Perhaps reissuing the non-inverted Jenny in amounts similar to the inverted panes would discourage the public from participating in any future postal lottery schemes. Those violating postal regulations should be held accountable through the legal system.

    Aug 28, 2015
  • anon

    When the limited printing right side up sheet was originally announced I was in favor of the idea. I knew it went against Postal Service regulations, but regulations are just guidelines, not laws. When the boat is sinking, you don’t ask permission to begin distribution of the life jackets, you do what you think is right. The Postmaster General was making a bold move and I liked it. The special sheets were to be randomly distributed along with all the regular upside down sheets. This meant the more sheets someone bought the better the chance of getting one of the special ones. So I started buying Jenny sheets. I made several small purchases but my largest purchase was an order for over 100 sheets. I was trying to get the odds on my side and get one of the “randomly distributed” special sheets. When I read in the philatelic press about how the special sheets were not really randomly distributed at all, but rather most were sent to big cities and the rest saved at the USPS cave Philatelic Distribution Center and forgotten about, I was very disappointed. It seems very little was actually random about it after all. That means very little about it was fair at all. This was a wonderful opportunity to give stamp collecting a big boost. There were great news stories about the sheet and collectors lucky enough to have gotten one. The more stories I heard about them being found gave me more reason to keep trying to get my own. But that all ended when the real story came out. Please figure out a fair way to distribute the remainder of the right side up sheets. It will not be the big success story it could have been, but at least you can do the right thing and make the entire 100 special sheets available to collectors as was planned from the beginning.

    Aug 28, 2015
  • anon

    I strongly believe that, although the creation of the reverse, reverse Jenny could have been handled much better, it was a valiant attempt to increase interest in stamp collecting. I support this effort. Returning to philately after many years away from it I have been shocked by the overwhelming numbers of new issues and varieties of stamps. I think this is one of the most significant reasons that new collectors are not entering the hobby.

    Aug 28, 2015
  • anon

    Hi Louis. Thanks for sharing your opinion. Some comments are definitely trending, such as those regarding the number of different stamps issued each year. We appreciate your viewpoint on reasons why it's difficult to inspire new collectors.

    Sep 11, 2015
  • anon

    I was disappointed when I learned of the USPS creating 100 Jenny Sheets as rarities. I remember an incident by a prior Postmaster General trying to do the same thing. Farley's Follies were required to be produced in sufficient quantities that they were no longer rarities to correct the inappropriate action of James Farley. When the USPS doesn't follow their own rules for printing of stamps, corrective action should be required. I think an additional printing should be required of the inappropriately printed Jenny sheets.

    Aug 28, 2015
  • anon

    Corrie, thanks for taking the time to express your thoughts. Many collectors remember the James Farley incident and have commented on it.

    Sep 11, 2015
  • anon

    As far as stamps and postage is concerned, the management of USPS should focus on the creation of postage that will meet the legitimate needs of the mailing public. Those responsible for philatelic sales in particular should aim to meet philatelists’ needs to acquire quality examples of those legitimate postal products. The creation of revenue through the production of ancillary material marketed solely or even primarily to philatelists should not be a consideration. A First Class forever stamp reproducing the classic 24-cent Jenny airmail would have been fine. Producing se-tenant pairs of an upside-down airplane next to the properly-oriented design would have been okay, too. But going to a $2 denomination, and deliberately producing “errors,” were steps too far. [I won’t even go into the absence of production values as evidenced by ink bleeds and bad centering.] Unfortunately, this was more the norm than the exception. The saga of the upright Jennies is a manifestation of how the USPS has moved to “milk” collectors exponentially over the past decade or so. Exacerbating this problem is that the organization is not only producing increasing numbers of needless products, but has failed to effectively manage the production and distribution system for philatelists. Two other examples of greed and mismanagement from 2013: • The imperforate Eid press sheet was released in August. It was listed as sold out after a few months. Then it mysteriously reappeared on sale at the USPS website in early 2014 and remained on sale for as much as a year or more thereafter. Production was said to be 500 press sheets. Was that the final number, and how was it that the product was sold out but resurrected for a long run thereafter? • The Jenny Collectors’ Edition contained so-called production samples from the Jenny printing. It was sold for $200, a huge premium over the face value of its contents. Initially, USPS reported that the stamps contained in the package were valid for postage; later, this position was reversed. So what were they selling and who approved it? I agree with Barry Moss and others who believe they were defrauded by the USPS regarding the Jennies. We ordered copies of the Jenny sheet from Kansas City, in the belief that we stood a chance (however small) of receiving a rare rightside-up version of the sheet, based on what the USPS stated in its marketing materials. Now we find that, for much of the period of mail-order purchases, NO “error” panes were distributed. Is it time for a class-action grievance? In addition to greed and mismanagement, the USPS has a credibility problem. Thank heaven the old USPO was privatized!

    Aug 28, 2015
  • anon

    As a stamp collector for 40+ years, I felt it was not an appropriate action by the United States Postal Service, to willingly create an "error" with the effect of creating a lottery. Instead of buying multiple Jenny Invert sheets, I have purchased older stamps missing from my collection. To enhance the philatelic program, the USPS should take a page from Canada Post. Canada Post issues circular, hockey-puck shaped stamps of National Hockey League (NHL) stars each year, in a limited quantity (no extras to destroy). In addition, they annual feature stamps with flower gardens; their issue of the Canadian Football League (CFL) logos in a coil form was incredible! The Saskatchewan Rough Riders, CFL, stamp sold out within days. How about National Football League (NFL) logos on stamps?? National Basketball Association (NBA) logos on stamps?? The United States Mint has been flooding the nation with National Parks quarters . . . . how about revisiting the National Park series from the 1930s? ? Please don't try and balance the United States Postal Service budget on the backs of collectors. As Peter Sellers character, prime minister Count Montjoy remarked about the Grand Duchy of Fenwick, "we've issued so many stamps the collectors are getting suspicious .. . ", [The Mouse That Roared], Columbia Pictures, 1959.

    Aug 28, 2015
  • anon

    Hi Mark and thanks for taking the time to share your opinions. Our audit did not include benchmarking with other nations; however, the Office of Audit often uses benchmarking as an effective tool when presenting alternative solutions. We may consider this for a follow-on review or audit.

    Sep 11, 2015
  • anon

    Nice movie, but the book (by Leonard Wibberley) was better.

    Sep 08, 2015
  • anon

    How about concentrating on moving the mail and leave the lottery stuff to the people in Las Vegas? The larger a government agency gets, the more dumb ideas it has. Turning stamps into a lottery is not good for democracy or stamp collectors. It is just another meritless gimmick, and violates its own rules.

    Aug 28, 2015
  • anon

    I was already buying very few new US stamp issues; my policy since around 2005 was to avoid cheaply produced stickers issued only to generate revenue from collectors. This issue intrigued me because I incorrectly thought that average post office patrons may have a chance at finding one of these panes. I wanted to buy 5 panes, but my post office only had 2 to sell. Both were the inverted, "regular" issue. Since then I've not bought any new US issues for collecting. I'm really very disappointed with the entire US stamp program when it comes to collectible issues. I used to buy examples of every US stamp, souvenir sheet, postal stationery, format -- you name it. But I could no longer justify the high cost of keeping up with USPS's output, when virtually all the stamps issued are only seen/used by the collecting community and have no possibility of having any real value in the future. I should mention that I have a major stamp collection; far better than most (according to dealers who are familiar with it) and I still remain active in collecting other countries as well as classic US issues where I still have a need. It's too bad that the USPS decided to do something as artificial and harmful to stamp collecting as this pane. Unless things turn around as far as stamp issues are concerned (look back a few decades to see what collectors wanted then), I don't see myself returning to collect new US issues.

    Aug 28, 2015
  • anon

    The issuance of 100 'misprinted' sheets was a huckster-type gimmick, but the distribution and manipulation that followed were fraudulent. USPS has sullied its name by this whole sorry episode. If a state lottery employed the same techniques it would be a scandal, everyone fired. Why is USPS in the lottery business anyway? Incompetence.

    Aug 28, 2015
  • anon

    Thanks for the attention given to this issue. Certainly, actions which are inappropriate are, well, inappropriate by definition. Therefore, this program was - inappropriate! However, I actually applaud the Postal Service for being exactly what it needs to be to remain relevant - creative and willing to take a risk. With a bit more of such creativity in services being offered that are competitive, perhaps the Postal Service will be able to survive moving forward? Specifically regarding my opinion of the Jenny program, I really enjoyed it and it got me to take several trips to my post office that I wouldn't have otherwise made. I think it was a great idea and a lot of fun. Kudos to the Postmaster General for having the guts to try something different and to take a chance on being successful. Even if "only" 13 million in revenue was generated, its a whole lot better than further deficits.

    Aug 28, 2015
  • anon

    Mike, thanks for your comments. It’s interesting to compare and contrast the varied responses by collectors.

    Sep 03, 2015
  • anon

    This reminds me of the 1935 Farley fiasco when he produced and gave sheets of imperforated stamps to select few friends & politicians including the President. This is no different. In this case how many were friends and who were they, how many were sold on a random basis? With Farley he was eventually ordered to have enough if the imperfs printed to satisfy public demand. It is not the role of USPS to deliberately create rarities, give them to a select few and then justify it by distributing a few on a random basis and call it good. Whoever has oversight must take action severe enough to stop this practice and see it doesn't happen again. Print enough to satisfy public demand. The Hammarskjöld invert was an actual error and USPS printed millions deliberately to negate this collectable error. This is not an error and was a deliberate act to create a rarity. Did anyone at USPS get a sheet?

    Aug 28, 2015
  • anon

    Thanks for your comments, Fred. During our audit, we did not find that the stamps given away were Postal employees or relatives of Postal employees. As our report states, the OIG also took issue with giving away stamps.

    Sep 03, 2015
  • anon

    I feel cheated. As a semi-casual collector, I spent over $200.00 on the jenny stamps for the off chance of being lucky enough to get the "upright" version. To find out that some were given away and others were sent to top markets makes me a little upset too find out I had zero chance of getting the "upright" jenny at the PO where I purchased stamps. Overall as a collector.the hobby has been harnered, not just by this but the self adhesive stamps, stamps that fall apart in water, and the over abundance of new stamps that hve to be collected in whole sheets.

    Aug 28, 2015
  • anon

    Soakable stamps and the frequent issuance of stamps are common themes from collectors who’ve responded to the blog. Thanks for taking the time to share your opinion, P.B.

    Sep 03, 2015
  • anon

    I believe the USPS should refrain from any action that interferes with the actual production of postage stamp "errors". It is a short step to intentionally producing an "error" and then printing them for general consumption. It detracts from the mystique of collecting when the government actively participates in manipulation of what is a genuine error and what is produced intentionally.

    Aug 28, 2015
  • anon

    This was a good idea that flopped. It flopped for a number of reasons. First, the stamps were not randomly distributed as advertised. Once you tell a lie, it is hard to regain trust. More importantly, the USPS does not support stamp collecting. If it did so, stamps would be soakable. It is never too late to partner with collectors. Other nations support stamp collecting in a variety of ways such as selling packets of stamps at tourist locations. Better advertising also would not hurt. Produce beautiful, collectible stamps, reflective of our diversity, our culture and heritage and collecting might make a come-back.

    Aug 28, 2015
  • anon

    Michael, thanks for your comments. Another outcry for the soakable stamps. It’s nice to know so many collectors have united thoughts on this subject matter.

    Sep 03, 2015
  • anon

    I have very mixed emotions about the Upright Jenny stamp. As a collector, I am always "on the hunt" for things like that which may have significant value. And I have bought a number of the Jenny sheets, hoping to "strike it rich." (I also used a significant number of these stamps on packages that I have sent out, so it has balanced out for me.) I am upset by the fact that a number of these sheets were given away by postal service employees as gifts, when that was NOT how the announcement of these read. They were supposed to be distributed "at random", and obviously, they were not. Frankly, I feel that there are some postal service employees that should lose their jobs over this, and if the law allows it, they should probably be prosecuted. With the sums that folks are getting for these panes, this is not an insignificant thing. All that said, I do not believe that the Postal Service should deliberately create rarities. If they begin doing this, the emptation to get the secondary market price, and thus improve Postal Service revenues, will be too great, and there will be no end to this type thing, thus cheapening the velue or real, legitimate errors, and doing damage to the hobby. Eventually, the Postal Service will kill the goose that laid the golden egg.

    Aug 28, 2015
  • anon

    Thanks for taking the time to share your viewpoints, Joseph. The blog responses have been as varied as your mixed emotions indicate.

    Sep 03, 2015
  • anon

    In my opinion, the USPS should correct the limited issue using the same plates and same everything to provide additional inverted and upright Jenny stamps. In addition, no secret marks or any differences should be allowed to distinguish the limited original issue from the additional issue so all collectors get a fair chance to purchase. I also believe if the I.G. should look at the sales of the limited sheets to determine if some individuals or large philatelic companies (via name and/or address) were able to obtain multiple sheets, further limiting distribution to all collectors....All stamp issues, in original form, should be available for issue for a reasonable amount of time as would any commemorative stamp... Bottom line: The USPS creating rarities intentionally is wrong.

    Aug 28, 2015
  • anon

    BAD IDEA - I gave up stamp collecting because of the manipulation of 'stamp collecting' by the USPS. For years they have issued too many 'junk' stamps. They create stamps with the sole intention of selling to collectors for maximum profit because they won't be used as postage. Shameful.

    Aug 28, 2015
  • anon

    The USPS committed fraud. It engaged in deceptive advertising. It misled consumers. It conducted an illegal lottery. It committed mail fraud. Rather than promoting stamp sales, it destroyed goodwill. If this was a private business, a class action lawsuit would have been filed. The USPS should be forced to stop all sales, reissue the upright pane and sell to all collectors. Those who did win the lottery should be paid a cash priz equal to the current market value. This entire scam is just wrong.

    Aug 28, 2015
  • anon

    I am a collector. It would be nice if the local post office could actually have the new stamps for sale. The local postmaster is constantly saying that he got some in but they were sold out in two days. Then the colorful brochure they have on display would actually be an indicator of whats on sale instead of what may be available at the fulfillment center. Back in '97, when the Bugs Bunny stamp was issued, I actually stopped collecting USA for a time. This was because I thought it was too commercial. When, in the last few years, I joined a stamp club, all of the other members seemed to collect only USA, so I started up again. The USPS should follow their own rules about NOT creating rarities. They should be less hostile toward employees and more nurturing. Perhaps, there could be a educational programs for employees about which stamps are for sale and which are not available. For instance, how long are they for sale after the issuing date? Once, about three years ago, I actually went into my local post office, and when asked about new stamps for sale, the clerk showed me some stamps. I said, "Oh, I'll take that one and that one." But then, when the clerk scanned the stamps into the computer, they were rejected! I was told that I since they were not in the computer, I could not buy them. Now when was the last time that you went into a store, were shown product, agreed to buy the product, but were then told: "OH, YOU CAN'T BUY THAT!" Thanks.

    Aug 28, 2015
  • anon

    Hi Ken. Thanks for sharing your experiences. Several collectors have written about similar issues regarding stamp availability at the Post Office retail counter. We retain blog comments for potential future audits or reviews.

    Sep 03, 2015
  • anon

    It is my opinion that if you have a rule in place, not to issue a rarity purposefully, then you should abide by it. Integrity at the very least is lost. It looks as if this is another situation like Farley's from the 1930's. I do not believe that I will ever own this issue.

    Aug 28, 2015
  • anon

    I was introduced to collecting US postage stamps by my mom when I was a kid back in the early 1950's. She collected stamps back in the 1930's. I sent in 25 cents and a Cheerios box top for an assortment of stamps. I'm now 68 and all but given up collecting US stamps. I've become burned out trying to keep up on all the commemorative issues, most of which are nothing more than money makers for the USPS. I rarely see any on mail I received, although I make sure I use them on outgoing mail. Then came along, "The Jenny." Yes, I bought some sheets because I can use them on packages. As a collectible, it "stinks." The "Jenny" is a manufactured collectible, which probably belongs on QVC or the HSN. This is not what collecting should be about. Also, throw in that "circus" stamp which is a circus unto itself. The last really interesting philatelic item I found, and, truly found in someone's garbage is a piece of World War II censored mail; envelope and microfilm contents address from a soldier to his mother. That's the most interest piece of US mail I have encountered for a long time. Scrap the Jenny and any further bright idea you may have.

    Aug 28, 2015
  • anon

    Thank you for sharing your concerns, Steve. We’ve received several comments on the Circus stamps.

    Sep 03, 2015
  • anon

    At this point the most logical course of action is to send all Jenny panes to the cave and open them up to find the upright issues. Then offer Jenny panes for sale from the cave as a one-time offer that will include all of the upright panes. Let buyers place orders for as many as they want. When all of the orders are in, add enough inverted panes to fill all of the orders. Use random number software to assign which pane goes with which order. Once you are finished, DON'T EVER DO THAT AGAIN! And stop issuing so many commemoratives and imperforate press sheets! I am an active collector and finally gave up and stopped collecting after 12-31-14. I can't get my kids interested in collecting because they are likely to see fewer than 10% of issued stamps on items in our mailbox.

    Aug 28, 2015
  • anon

    Thanks for your suggestions, Bill. The Postal Service is currently developing a plan to address the remaining Un-Inverted Jenny stamp sheets held in inventory. It may be costly to return all the stamp inventory in the retail units, since the Un-Inverted is comingled with the Inverted.

    Sep 03, 2015

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