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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
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—Chinese proverb.
“Every new stroke of civilization has cost the lives of countless brave men, who have fallen defeated by the “dragon,” in their efforts to win the apples of the Hesperides, or the fleece of gold. Fallen in their efforts to overcome the old, half sordid savagery of the lower stages of creation, and win the next stage.”
—D.H. (David Herbert)