A value selection system for a postage meter includes a plurality of print wheels rotatably mounted within a print drum. The print drum is coupled to be driven to rotate such that selected print elements on each of the print wheels are moved to imprint a postage value on a mail piece or other postage imprint receiving surface. The print wheels are selectively positioned by a print wheel value selection mechanism which is operable to set the print wheels during any time within a printing cycle except when the actual imprint is being impressed. The mechanism is operable to move the print wheels when the print drum is at rest and when the print drum is in motion. The position of the print wheels and the print drum may be monitored to account for the printing of postage by the meter.