Are Green Shield Stamps worth anything?
How much are my Green Shield Stamps worth? Each stamp had a value printed on it. The Green Shield Stamp Company never redeemed them for cash, but the value was for legal reasons. The original stamps had the value of 0.075d making each stamp worth 0.03p today.
Why did Green Shield Stamps stop?
A decision was made to abandon Green Shield stamps, saving £20m a year and helping to finance price reductions. In the context of a price war, and higher prices where the stamps were sold, consumers prices were rising to cover costs – and as inflation was high, the value of the stamps was going down.
How much is Richard Tompkins worth?
Tompkins amassed an estimated $39 million fortune in 15 years.
What did the Green Shield Stamp company become?
So, in 1973, he started rebranding Green Shield Stamps as Argos, named after the Greek city where Tompkins had been inspired and because it would feature high up in alphabetical listings. Just as the Argos brand was being rolled out, Tesco was starting to struggle.
Could you get a car with Green Shield Stamps?
She added: “The shop was where you redeemed your Green Shield Stamps which you received with purchases you made for petrol or other groceries for a large ranger of gifts. “You could even save up for a car if you collected enough.
Where could you spend Green Shield Stamps?
Before the Argos catalogue or Tesco Clubcard, shoppers in the 1960s and 70s earned Green Shield Stamps for purchases in a range of smaller shops like local grocers, butchers, greengrocers, fishmongers, chemists, bakers, tobacconists, confectioners, drapers, ironmongers and petrol stations.
Can you still redeem Green Stamps?
Although S&H Green Stamps can no longer be redeemed for these items, they have some value among collectors of mid-century memorabilia.
Who introduced Green Shield Stamps?
The Green Shield stamp scheme was relatively shortlived. It was introduced into the UK in 1958 by Richard Tompkins, but in 1973 he started rebranding it as Argos. My recollection is that the scheme started petering out sometime after that.
Who sold Green Shield Stamps?
Who had Green Stamps?
S&H Green Stamps were a line of trading stamps popular in the United States from 1896 until the late 1980s. They were distributed as part of a rewards program operated by the Sperry & Hutchinson company (S&H), founded in 1896 by Thomas Sperry and Shelley Byron Hutchinson.
Where could you spend green shield stamps?
Did the coop do green shield stamps?
As far as I know, Green Shield stamps were first loyalty stamps in the UK, although they were not the first loyalty scheme. That was the Co-op’s dividend scheme.
When did the Green Shield Stamp come out?
The Green Shield Stamp scheme was introduced into the UK in 1958 by Richard Tompkins based along the same lines as the successful Sperry & Hutchinson Green Stamps in the US. Essentially a sales promotion or incentive scheme designed to encourage shopping, Green Shield Stamps were given to shoppers with every purchase.
Why did they change the Green Shield stamp to Argos?
So, in 1973, he started rebranding Green Shield Stamps as Argos, named after the Greek city where Tompkins had been inspired and because it would feature high up in alphabetical listings.
When did Sperry and Hutchinson Green Shield Stamps start?
Green Shield Stamps was a British sales promotion scheme that rewarded shoppers with stamps that could be used to buy gifts from a catalogue or from any affiliated retailer. The scheme was introduced in 1958 by Richard Tompkins, who had noticed the success of the long-established Sperry & Hutchinson Green Stamps in America.
Where did the name green shield come from?
When the customer had collected sufficient stamps in collectors’ books, the shopper claimed merchandise from a catalogue or S&H Green Stamps shop. Richard Tompkins purchased the name Green Shield from a luggage manufacturer and founded Green Shield Trading Stamp Co in 1958, along similar lines to S&H Green Stamps.