In philately, the denomination is the "inscribed value of a stamp". For instance, if you visit the post office to buy a stamp to pay $1's worth of postage you will receive a stamp that has the value "$1" printed on it in words or numbers.
The denomination is not the same as the value of a stamp on the philatelic market, which is usually different, and the denominations of a country's stamps and money do not necessarily match. For instance, there might be a 47c stamp to pay a particular postal rate but there is unlikely to be a 47c coin.
Where no denomination is shown, it may be because the stamp is deliberately non-denominated to pay the cost of a particular service, or because the stamp is not a postage stamp. It might be a cinderella stamp of some kind such as a poster stamp or charity label.
Sometimes a stamp may have its denomination changed by the post office due to local circumstances. For instance, stocks of one value may be overprinted to show a different value due to stock shortages. In cases of hyper-inflation stamps have had their denomination changed by overprinting as existing denominations became worthless. In other cases, changes to the local currency have led to changes in denomination. For instance, when the Ryukyu Islands (at the time a United States protectorate) changed its currency from Yen to Dollars, a number of airmail stamps originally printed with Yen values were overprinted and re-denominated to cents in 1959–1960.
During periods of hyperinflation, non-overprinted postage stamps of extraordinary denominations have been issued. As one example, in Hungary, on 15 July 1946 a AP40,000 (Hungarian adópengő) stamp featuring a diesel locomotive was issued. This was the equivalent of 80 quadrillion pengő (P80,000,000,000,000,000,000,000,000)
These values should be multiplied by 2 trillion for having the value in Pengő. Exemple[sic]: 10,000 Ap = 20,000,000,000,000,000,000,000,000 = 20 quadrillion Pengő (20 followed by 24 zeros).
Denomination may refer to:
Religious denomination, such as a:
Denomination (postage stamp)
Protected designation of origin, a protected product name, usually by region of productionDenomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. For example, five euros is the denomination of a five euro note.Face value
The face value is the value of a coin, stamp or paper money, as printed on the coin, stamp or bill itself by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value. For example, some rare coins or stamps may be traded at prices considerably above their face value.Non-denominated postage
Non-denominated postage is postage intended to meet a certain postage rate that retains full validity for that intended postage rate even after the rate is increased. It does not show a monetary value, or denomination, on the face. In many English-speaking countries, it is called non-value indicator (NVI) postage. Invented to reduce the cost of printing large issues of low-value stamps to "top-up" old issues, NVI stamps are used worldwide, including in the United States and some European countries.Postage stamps and postal history of the Philippines
This is a survey of the postage stamps and postal history of The Philippines.
In 1767, the first post office was established in the city of Manila, which was later organized under a new postal district of Spain, encompassing Manila and the entire Philippine archipelago, in 1779. The postal district was reestablished on December 5, 1837. A year later, Manila became known as a leading center of postal services within Asia. Spain joined the Universal Postal Union in 1875, which was announced in the Philippines two years later.
During the Philippine Revolution, President Emilio Aguinaldo ordered the establishment of a postal service to provide postal services to Filipinos during that time. It was later organized as a bureau under today's Department of Trade and Industry, then known as the Department of Trade, on September 5, 1902, by virtue of Act No. 426, which was passed by the Philippine Commission. The Philippines eventually joined the Universal Postal Union as a sovereign entity, on January 1, 1922.