Money, investing, mutuals etc
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pihilp
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by pihilp » Fri Feb 18 2022 9:33pm
I have loads of saved unfranked stamps, particularly from the Christmas period.
Will I trade them in ?
I'll certainly try, if they remain unused
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Richard Frost
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by Richard Frost » Tue Feb 22 2022 9:02am
More news on this.
Barcoded stamps are being phased in this year; the non-barcoded stamps phased out. You will still be able to use non-barcoded stamps until 31st January, 2023.
Because the new stamps are bigger, the number of stamps in a book will be changing from 12s and 6s to 8s and 4s
Royal Mail will exchange non-barcoded stamps for barcoded stamps. Royal Mail is launching a ‘Swap Out’ scheme at the end of March where you’ll be able to exchange unused non-barcoded stamps for the new barcoded variety via a Freepost address
https://r1.dotdigital-pages.com/p/2MCT- ... tal-panels
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Sarah
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by Sarah » Tue Feb 22 2022 10:08am
Are you on the TNS postal panel? I am, which is one of the reasons why I have so many unused stamps (they "pay" us in stamps for some of the activities)!
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Richard Frost
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by Richard Frost » Tue Feb 22 2022 10:16am
Sarah wrote: ↑Tue Feb 22 2022 10:08am
Are you on the TNS postal panel? I am, which is one of the reasons why I have so many unused stamps (they "pay" us in stamps for some of the activities)!
Yes, although currently resting. I have plenty of stamps although I do tend to use them to send out stuff I sell on Ebay. As there is over a year before they will not be valid. I personally do not see a problem using them.
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Sarah
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by Sarah » Tue Feb 22 2022 10:25am
I likewise use stamps for items sold on ebay, but don't sell very much. Just experimented selling some stamps however the prices are rubbish - sale price only about 60% of face value, dropping to around 40% after fees and other costs (no promo on this occasion, unfortunately). So definitely want to be swapping as many as possible!
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Richard Frost
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by Richard Frost » Tue Feb 22 2022 10:29am
Yes, Stamps are plentiful on Ebay so not worth selling there at all. I suspect prices will plummet in the short term because of the Post Office announcement.
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blythburgh
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by blythburgh » Wed Feb 23 2022 8:38am
Richard Frost wrote: ↑Tue Feb 22 2022 10:29am
Yes, Stamps are plentiful on Ebay so not worth selling there at all. I suspect prices will plummet in the short term because of the Post Office announcement.
Worth buying them and exchanging them for the new stamps then
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler
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Richard Frost
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by Richard Frost » Wed Feb 23 2022 8:39am
I do not want to buy them. If anything I would have a surplus rather than a deficit. I want to get a reasonable return on them if I decided to sell them.
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xrppzi
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by xrppzi » Wed Feb 23 2022 8:54am
expressman33 wrote: ↑Thu Feb 10 2022 8:34pm
Royal Mail will let you 'swap out' these stamps for free
You will, however, be able to exchange current stamps for barcoded ones for free under Royal Mail's new 'Swap Out' scheme, which opens on 31 March 2022 and will run until 31 March 2023.
To do this, you just need to fill in a 'Swap Out' form from its website (the page isn't live yet), or call it, or get one from a local delivery office (not a post office though). You'll then have to post back the stamps you want to swap to a Freepost address.
There is a problem with this - we have sent stamps in the post before and they got lost. When we contacted Royal Mail and tried to claim for the loss, we were told they count as cash which is not reclaimable.
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fanny15
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by fanny15 » Wed Feb 23 2022 1:05pm
xrppzi wrote: ↑Wed Feb 23 2022 8:54am
There is a problem with this - we have sent stamps in the post before and they got lost. When we contacted Royal Mail and tried to claim for the loss, we were told they count as cash which is not reclaimable.
If it was a sizeable amount, wouldn't using Special Delivery have this covered up to £500 ?
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