This web page, published by the Military Postal History Society, contains images of the single frame U. S. Dollar-Value Stamps exhibit pages created by the late Al Kugel. This exhibit was created by, and is the property of the late Al Kugel, and is being supplied by his heirs as a courtesy to the Military Postal History Society.
This exhibit tells the story of the American stamps denominated from two to five dollars from the first -- which were issued for the Columbian Exposition in 1893 -- up to the Presidential series of 1938. Although this high dollar value theme could be continued right up to the present time, the erosion in its purchasing power (especially as regards the particularly rapid increases in inflation during and immediately after World War II and again during the 1965-1980 period) meant that the significance of a dollar declined sharply in recent times. For example, in 1893 five dollars paid the postage on 250 first class letters; today it will not quite pay for fourteen.
To view the text within these images, see: web page containing the text content of the exhibit frame.
Updated 11/8/2024
Introduction ($5 Columbian) -- $2 Columbian -- Dollar Columbians -- Trans-Mississippi Dollar Value -- 1917 $2 Madison -- 1917 $5 Marshall -- 1918 $2 Franklin -- 1920 $2 Franklin -- 1918 $5 Franklin -- 1923 $2 Capitol -- 1923 $5 Freedom -- 1930 Graf Zeppelin -- 1938 Dollar Values -- 1899 U. S, Overprinted Philippines -- 1899 U. S., Overprinted Philippines (Certificate) -- 1903 U. S, Overprinted Philippines -- 1903 U. S., Overprinted Philippines (Certificate) --