To the best of my knowledge there was no food rationing during the 1930's depression, at least not in the United States. The only food rationing was during World War 2 in the 1940's.
Although there are rare stamps, in general WWII food ration stamps in a book of stamps (with some missing) are worth $2 to $5. An absolutely new book of stamps (unsigned) might be worth $10 or more. A book of stamps signed by someone famous would, of course, be worth even more. Loose stamps (not in a book) are generally worthless - a few pennies, if that.
World War 2 Ration BooksThe war ration was not very high. The war ration stamps are very common and the demand for them in the collector's circle is not very high. A complete book might get $10, whereas partial books and single stamps are not going to be anywhere near as valuable. The sentimental value is of more value, as it reminds people of the struggles and their contribution to the war effort.I agree completely with the sentimental value when finding out that in 1945+, one had to use these stamps to purchase food. Families also had to do an inventory of what they had in their pantry, and they would have to actually subtract their stamps from the book, based on their inventory.Rationing ended in 1945; ration stamps obviously have no objective economic value. But they are collected by some people, so they have subjective collectible value. The best way to find the current going prices would be to search eBay auctions for stamps like yours.Fewer of the ration stamps were used in Books 2 & 3, making them less valuable. Click on the Related Link for more information.
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