However, both the “postage” and “revenue” stamps have become of primarily importance in the philatelic world. In the later part of 1840’s, several countries used postage stamps as “revenue” stamps but towards the later stages, they were phased out and replaced with special revenue stamps (only to be used in documentary transactions). The quasi-currency status reveals the value included tag that could be used for not only services but also for global trade.
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Since postage stamps act as a prepayment, it is further enhanced as a monetary tool in government activities. Though the functions of postage stamps are many, their use to prepay services like licences, telegrams, contractual obligation, etc cannot be discounted. imaged paper ambassadors, representing the country of origin.brand image of the postal administration.promotional images of the postal services.brand images of the postal administration.Other functions of postage stamps can be listed as: The money function of the postage stamps are: Perhaps it only acts as a itemised rate for individual purposes and the price tag could fluctuate. Though the postage stamps carry a certain value on them, they may not fetch the same value in an open market. Taking into account the three functions, the basic fact of a postage stamp is the value tag levied by the postal authorities for services rendered. The Postal Service mission is to provide a reliable, efficient, trusted and affordable universal delivery service that connects people and helps businesses grow. With nearly 31,000 retail locations, USPS offers the stamps, postage codes to benefit your business and quick delivery. The varied functions of the “postage stamps’’ USPS is a great postal service offered in the USA and other parts of the world too. As a collectible item – basically for philately.it promotes the nation’s ‘heritage’ with more emphasis on bilateral trade with other nations.it acts as receipt of payment for ‘specific performances’ by postal authorities – a receipt with value attached stamp to denote actual cost of transaction.to seal agreements, contracts, property sales, rental, money lending, etc. The United States Postal Service (USPS) is the ultimate authority when it comes to. Over a period of time, the original function of a contract between the customer and post office has been diverted to other functions with additional roles, usually acting for government transactions, eg. See current USPS postage stamps and rates for wedding invitations.
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