There hasn’t been a decrease in price since 1919.
If you have a letter to send, you might want to wait until April 10—that’s when postage stamps are expected to decrease in price from 49 cents to 47 cents. It’s the first time in almost 100 years that the price of stamps has gone down; the last time was July 1919 when stamps dropped from 3 cents to 2 cents.
The price cut isn't because the United States Postal Service is suddenly feeling more generous. According to Forbes, the U.S. Postal Service was able to temporarily increase the cost of stamps in 2014 until it collected $4.6 billion in surcharges, and Sunday, April 10 is the day when the organization is expected to reach that total. While the Postal Service isn’t too happy about the decrease given its current financial situation, Congress isn’t likely to allow the current prices to stay in effect.
In addition to the first class stamp price of 47 cents, postcard stamps will drop from 35 cents to 34 cents, and international stamps will decrease from $1.20 to $1.15. And if you’re looking for some beautiful (and cheaper) stamps to grace your envelopes, Minted has just released a collection of stamps created by its community of independent designers to reflect the price change.
Might this be the perfect excuse to revive the practice of letter writing?