It is: 1.73
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Scott #1734 can be purchased mint condition for 65 cents and used for 15 cents. Dealers will seldom be interested in buying a single stamp and certainly not a used one of minimal value. Fifteen cents usually means that the cost of marketing the stamp is the only value involved.
This year is 2013 Therefore 2013-1734= 279 They would be 279 sometime this year.
0.0311
You can always find a common denominator by multiplying the denominators together.
34 = 2*1734 = 10*3.4