To determine the value of an Elvis Presley stamp, first determine its country of origin and age. The collectible value of a stamp also depends on the condition of the stamp. Mint-condition stamps are generally more valuable than those in poor condition.
The American Elvis Presley commemorative stamp was issued in January of 1993. The U.S. Postal Service anticipated that the stamp would be very popular. To prepare for demand, 500 million copies of the stamp were printed, which is about three times the amount in an average commemorative run. Due to the number of these stamps in existence, they remain fairly low in value as of 2015. Other countries have also issued commemorative Elvis stamps over the years. These foreign stamps are more valuable as collectors' items, in some cases.