Q:

How much was a postage stamp in 1963?

A:

Quick Answer

The cost of a first-class postage stamp was $0.05 in 1963. Adjusting for inflation, this price would equal $0.38 in 2012 dollars, which was 7.5 cents cheaper than the actual price of a stamp purchased in 2012.

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Full Answer

The 1963 rate of $0.05 marked a one-cent increase over the stamp price from the previous year. The rate change went into effect on January 7, so stamps were $0.04 from January 1 through January 7. The rate remained $0.05 through the end of 1967 before it increased to $0.06 per stamp in 1968. Postcard rates went from $0.03 to $0.04 on January 7, 1963.

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