Is it legal to resell stamps?

Perhaps you have leftover stamps from a mailing, or your postage stamps are collecting dust in your kitchen drawer. It is legal to resell stamps to convert your postage into cash.

How to legally resell stamps

You can easily resell your stamps to a postage buying service. It’s secure, and 100% legal.

Simply follow the steps on their website. Then, ship your stamps securely to avoid any damage during transit. Be sure to use a mail service that includes a tracking number so that you can confirm that they received your stamps.

Once received, they will process your stamps and provide you with an offer to purchase them. You can either agree to, or decline their purchase offer.

Do you need to charge sales tax?

You do not need to charge sales tax when reselling stamps for use as postage. The federal sales tax law states “Gross receipts from the sale of U.S. Postal Service stamps sold for the purpose of postage are not subject to tax”.

If you are reselling your stamps for other purposes, such as hobby use or for collecting, then your transaction would be subject the sales tax of your state and local district.

What types of stamps can be resold?

It is legal to resell stamps if you are the rightful owner. The type, design, and age of the stamps are not a factor. Whether you have stamps you purchased today, or ones from a stamp collection assembled over the years, they can be resold.

All unused United States postage stamps issued after 1930 are essentially worth face value. That means that they do not have a collector’s premium, and can be used for mailing items today. You just need to add enough stamps to make the rate of what you are shipping.

If your stamps are older than 1930, they may be worth more than face value. Get a stamp appraisal from a reputable dealer to find out what your stamps are worth.

Resell Your Stamps Here

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