What happens when stamps are no longer valid for use

I’m curious - what’s a Machin stamp & how is it different from a commemorative stamp?

It is (was) the main definitive stamp series in the UK.

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In Spain, from October 2000 to January 2002, stamps were issued with their equivalence in euros = pesetas.
Since 2002, stamps with values only in pesetas ceased to have postal value for mailing.

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Per Royal Mail, the deadline to use non-barcoded Machin stamps has been extended until July 31, 2023. An official statement is expected today.

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In P.R.China, all the stamps from R.O.C is illegal to use

In Russia, postage stamps issued since 2000 can be used for postage. But due to the small denominations of postage stamps from the early 2000s, it is rarely used today.

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