War savings stamps
Anonymous, American, 20th century American
Not on view
World War I poster.
War savings stamps were issued by the United States Treasury Department to help fund participation in the war. In contrast to Liberty Bonds, which were primarily purchased by financial institutions, savings stamps were aimed at individual citizens. From December 3, 1917 and January 31, 1918, stamps were offered at the price of $4.12. After January 1918, the price increased by one cent each month. The interest-earning stamp was to be worth $5 at maturity on January 1, 1923.
The Treasury also issued a set of 25 cent thrift stamps which bore no interest. Aimed at individuals who could not outright purchase the savings stamp, thrift stamps could be accumulated over time and later exchanged for a savings stamp.
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