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60p and 50p postage

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Coldicote | 22:16 Wed 28th Mar 2012 | ChatterBank
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60p and 50p postage stamps! Thinking of greetings cards in particular, I'll probably make do with emails to those who have an email facility, or make phone calls to those who haven't. What do you think will be the effect of the price increases and how will you react?
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There was a thread on this subject Yesterday, I said my bit on there.

jem
I bought 200 first and 200 second in 2010 - we don't use a lot, and have enough left for a couple of years!

WE must have at least doubledour investment.

I think the Post Office will buy back stamps - would it be worth getting a shipload and cashing in?

I'll go Google.
And it isn't Royal Mails fault entirely. The root cause of this goes back years when the EU stipulated it had to be open to competition but did not allow an even competition so rival firms could cherry pick the most profitable customers (which could not include the public). RM have been on a hiding to nothing for many years now through no fault of their own.
It appears not, but someone suggested buying some and hanging on to them for a few months, then selling them to a business user - you could offer quite a good discount and still beat the return on other investments, with no tax and no risk....
Apart from Xmas cards, of which I send only a dozen, I sent one letter last year and one so far this (and that only because the recipient's phone was on the blink) so it won't affect me that much although my mother must be turning in her grave at the thought of 12 shillings for a twopence-halfpenny stamp!
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I don't find it possible to choose a Best Answer here as there are many good and valid points made. Thank you all for your interesting thoughts on the subject.
Will send birthday cards to grandchildren who are living at a distance. That is it!
The best option is certainly to buy them now - I bought a pack of 100 of each a couple of weeks ago, a good investment, IMO.
Used to take great pleasure in tracking down the right Birthday, Christmas or Good Luck cards for my family. Not any more. Handwritten letters to friends and family? No way. Somehow a print out bluetacked to the wall is not really adequate.
Who will suffer? Psychologically me and my family. Fiscally, Those who sell cards, those who design cards, those who print cards, those who deliver to the card shops. Probably others I have not yet thought of. (Please excuse preposition at the end of the sentence). Oh! The Post Office!

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