on 02-12-2019 01:30 PM
No.
The value of the P stamp is the current rate for a lettermail item weighing under 30gr.
And that is
92 cents.
The rest of the price is sales tax. On a single stamp you also pay a service charge,.
You could instead of a P stamp use two 46c stamps.
Or an 80c +12c.
Or a 35c+57c
Any of those equals the value (which is lower than the cost) of the P stamp.
And again the value of a P stamp as of January 12,2020 is
92 cents.