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:
“In the early days of the world, the Almighty said to the first of our race In the sweat of thy face shalt thou eat bread; and since then, if we except the light and the air of heaven, no good thing has been, or can be enjoyed by us, without having first cost labour.”
—Abraham Lincoln (18091865)
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—Melinda M. Marshall (20th century)
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