For the first time in almost 100 years the price of stamps will go down

NEW YORK (WABC) -- Here's something most of us have never heard, the post office is lowering the price of postage stamps.

It's the first time that's happened in 97 years! 1919 after the end of World War I was the last time the price of a stamp was lower.

One stamp will drop two cents, from 49 cents to 47 cents starting Sunday, April 10.

A postcard stamp will lower 1 cent and will cost 34 cents. International mail will be five cents lower, $1.20.

Those unfortunate people who had purchased Forever stamps will lose out. The price of Forever stamps will be the current lower value.

The reduction is the result of a postal program ending that allowed the post office to raise stamp prices to make up for losses after mail volume dropped during the recession.