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:
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—Molière [Jean Baptiste Poquelin] (1622–1673)
“Now that is the wisdom of a man, in every instance of his labor, to hitch his wagon to a star, and see his chore done by the gods themselves. That is the way we are strong, by borrowing the might of the elements. The forces of steam, gravity, galvanism, light, magnets, wind, fire, serve us day by day and cost us nothing.”
—Ralph Waldo Emerson (1803–1882)
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—Adrienne Rich (b. 1929)