StampWatch™
Chart of top grossing philatelic items from past year
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The Greg Manning's sale on 16 June produced
a few of the top grossing items this year.
The Baden #4b, 9kr Black on blue green instead of lilac rose,
described as unusually large margins all around with original gum
except in two small areas was knocked down at US$500,000 against an
estimate of US$300,000 upwards.
The "NYSE Invert" was sold intact as a full sheet. The sheet
was first offered provisionally in singles, pairs and multiples, and
realized $427,800. Then the still intact complete sheet was offered as
one lot at a premium to the individual prices, and it was purchased by
a New York City investor for $488,750. The New York City resident was
not available for comment, as he is currently traveling in China on
the Yangtze River. The winning bid was executed by the auction house
on his behalf. |
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Corinphila Auktionen AG sale of 6 - 9 June
2002 produced many high prices espacially the one country collections.
A collection of Spain with stamps and covers described as with several
thousand stamps realised CHF60,000 against an estimate of CHF12,500.
Lot number 2511, a Hong Kong collection from 1862/1994 with 275 stamps
sold for a whopping CHF75,000 against an estimate of CHF3,500.
A collection of several hundred used and unused USA stamps in six
albums was knocked down at CHF95,000 (estimate CHF10,000).
The highest fetched for a single item was a Canada
(SG4) 1851 12d black on vertical laid paper in a very deep fresh
shade and large to huge margins all round. It was knocked down
at CHF55,000 (estimate CHF50,000) |
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Canada SG4 |
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Siegel Galleries, Inc reported total realisations of
US$3.2m for their Rarities of the World auction on May 18 .
The top price paid was US$95,000 for a Scott 596.
Its pre-sale estimate was US$55,000.
The second highest grossing item was a pair of Scott 2. It went
for US$65,000.
The sale of US stamps continued on May 20-21 and the total
realisation was US$993K.
With such amounts changing hands, who says the philatelic market
is dwindling? |
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Scott 596 |
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One of philately's rare classics changed hands for a staggering US$525,000 in March. It was sold through the auction house of Matthew Bennet Inc.
The cover, described as the only U.S./Canada mixed franking with both stamps cancelled in Canada, was originally estimated at a value of between US$400,000 to US$500,000. |
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A copy of the much conveted USA "Inverted Jenny"
went under the hammer for US$135,000. It was offered by Robert A. Siegel auction house in their sale of the William C. Mack collection of US and Foreign Air Post stamps.
Although described as "EXTREMELY FINE. ONE OF THE BEST-CENTERED AND FRESHEST STAMPS FROM THE ORIGINAL SHEET OF 100. FOR THE COLLECTOR SEEKING THE FINEST QUALITY ATTAINABLE, THIS STAMP IS THE IDEAL INVERTED JENNY. ", the realised price was 21% below its pre-sale estimate of US$170,000. |
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| Forthcoming events |
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| Its Triangulars galore in June. Harmers of London is offering for sale The John Tolbutt collections of Cape of Good Hope Triangulars and Rhodesia "Double Heads". There will be 250 lots of the Cape and 190 lots of Rhodesia. The auction will be held on June 11. |
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