Cost
The annual federal duck stamp had a face value of $1 in 1934, jumped to $2 in 1949, and to $3 in 1959. In 1972 the price increased to $5, then up to $7.50 in 1979, $10 in 1987, $12.50 in 1989 and to $15 in 1991. For every $15 stamp sold, the federal government retains $14.70 for wetlands acquisition and conservation, so very little gets lost in the system for overhead. Most state conservation stamps have a face value of $5. New Hampshire has the lowest price at $4, Louisiana non-resident is the highest at $25. Funds generated from state stamps are designated for wetlands restoration and preservation, much like the federal funds, but with a more localized purpose. Most state agencies sell their stamps at face value. However, some also charge a premium to collectors buying single stamps, to help cover overhead costs. Some states also produce special limited editions for collectors.
Read more about this topic: Federal Duck Stamp
Famous quotes containing the word cost:
“The true reformer does not want time, nor money, nor coöperation, nor advice. What is time but the stuff delay is made of? And depend upon it, our virtue will not live on the interest of our money. He expects no income, but outgoes; so soon as we begin to count the cost, the cost begins. And as for advice, the information floating in the atmosphere of society is as evanescent and unserviceable to him as gossamer for clubs of Hercules.”
—Henry David Thoreau (1817–1862)
“[M]y conception of liberty does not permit an individual citizen or a group of citizens to commit acts of depredation against nature in such a way as to harm their neighbors and especially to harm the future generations of Americans. If many years ago we had had the necessary knowledge, and especially the necessary willingness on the part of the Federal Government, we would have saved a sum, a sum of money which has cost the taxpayers of America two billion dollars.”
—Franklin D. Roosevelt (1882–1945)
“I knew that the wall was the main thing in Quebec, and had cost a great deal of money.... In fact, these are the only remarkable walls we have in North America, though we have a good deal of Virginia fence, it is true.”
—Henry David Thoreau (1817–1862)