You can sell Blue Chip stamps through a number of online retailers such as eBay and Mystic Stamp Company. Blue Chip stamps could be collected and redeemed for merchandise at special redemption stores until the 1980s. The value of Blue Chip stamps varies depending on the year of the stamp and its design.
What could you buy with Blue Chip Stamps?
The customer would paste the stamps (which could be moistened like postage stamps) into books. The books could then be taken to a redemption center and redeemed for merchandise, such as lawn furniture, dining tables, tableware, and many other items.
Where do you get the Blue Chip Stamps?
A customer making a purchase at a participating store (typically grocery stores, gasoline stations, and pharmacy chains) would be given stamps in proportion to the dollar amount of the purchase. The stamps were dispensed by machines adjacent to the cash register.
Who are the competitors of Blue Chip Stamps?
S&H Green Stamps – a direct competitor of Blue Chip Stamps. ^ Blue Chip Stamps v. Manor Drug Stores, 421 U.S. 723 (1975).
How can I redeem my green stamps for cash?
Decide if you want to redeem your stamps for greenpoints or cash. The rate of exchange for Green Stamps to greenpoints is 1 to 1. If you prefer cash, S&H will give you $1.20 for every 1200 Green Stamps that you redeem. Register at the greenpoints website. No matter how you want to redeem your stamps, registering with the website is required.
How to redeem S & H stamps for cash?
Steps Visit the S&H greenpoints website to see the merchandise the company offers. Decide if you want to redeem your stamps for greenpoints or cash. Register at the greenpoints website. Affix your stamps to official S&H Stamp Books if you have them.
What can you do with Blue Chip Stamps?
Blue Chip Stamps. The customer would paste the stamps (which could be moistened like postage stamps) into books. The books could then be taken to a redemption center and redeemed for merchandise, such as lawn furniture, dining tables, table ware, and many other items. The redemption centers did not maintain a full inventory of items,…
When did the Blue Chip stamp catalog come out?
The Blue Chip Stamp Catalog for 1973 featured a virtual Toy Store for the average American kid. Check out the additional pages below.
When did the US government Sue Blue Chip Stamps?
In 1963, the US government began an antitrust action against Blue Chip Stamp. In 1967, the parties agreed to a consent decree which led to the creation of a new company “Blue Chip Stamps”. In 1975, a lawsuit filed by Blue Chip Stamps was decided by the Supreme Court in the opinion Blue Chip Stamps v. Manor Drug Stores.
What’s the value of stamps that have been redeemed?
They are no longer redeemable. At best you might be able to sell them to someone who collects ephemera or Cinderella stamps. Currently, you can buy lots of 50 stamps for abt $15 so there isn’t much value in them. If you have the catalogues and books they were put in, the value is slightly more.
Are Blue Chip Stamps worth any money?
Blue Chip stamps are not postage stamps and are sold as collectibles (as opposed to being sold to stamp collectors.) They are an interesting curiosity but frankly not worth much. They are almost never sold in singles, but if they were, the value would be about five cents each.
Do they still have Blue Chip Stamps?
Today, the merchants are down to the hundreds and, in 1985, the last redemption centers closed. (Collectors now get their goods by mail order.) Blue Chip’s still around but, Bird says, “so small you’re not seeing it any more.
Can you still use Blue Chip Stamps?
Blue Chip stamps can no longer be redeemed; however, they are often auctioned off as collectible items. There were many different merchants who offered their merchandise for Blue Chip stamps.
At what price did Warren Buffett buy Apple?
The stake was done at an average price of $27.25 and represented around $1.1 billion. Buffett has since trimmed the stake in Apple, but it remains the largest stock holding in the Berkshire Hathaway portfolio.
What are the best blue chip stocks to buy right now?
Best Blue-Chip Stocks Right Now
- AbbVie Inc. (NYSE: ABBV)
- The Coca-Cola Company (NYSE: KO)
- The Procter & Gamble Company (NYSE: PG)
- Johnson & Johnson (NYSE: JNJ)
- UnitedHealth Group Incorporated (NYSE: UNH)
- Berkshire Hathaway Inc.
- The Walt Disney Company (NYSE: DIS)
Are Blue Chip Stamps still around?