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Cancellation refers to the postal markings printed on stamps after they are mailed. Stamps with these marks on them are known as "cancelled" or "used" stamps. Yes, they are worth something to collectors, but their value varies widely, from almost nothing ( say 5 cents per hundred) to thousands of dollars.
That depends a great deal on the stamp. In general, stamps on cover are worth more than those off of the cover. To determine value, you would have to consult a catalog or dealer.

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14y ago
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13y ago

In most cases, yes, canceled stamps are worth less. Some exceptions include stamps on a First Day Cover. In other cases, used stamps can actually be worth more than mint stamps! Tonga is one such instance. Consult a stamp catalog online or at the library for more information.

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10y ago

That will depend a great deal on which stamp it is. There have been stamps issued for over 150 years with values from a few stamps to millions of dollars. Consult a catalog and identify the specific stamp. It will also help you find the value.

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7y ago

Like all collectibles, it depends on supply and demand. One of the most valuable stamps in the world is a used, torn, poor conditioned stamp from British Guiana. But it is the only known copy of 24 that were printed. Common stamps used today are probably low value and hardly worth keeping as an investment, but can still be educational and fun to collect.

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7y ago

Yes.

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Q: What are canceled stamps and are they worth anything?
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