Well, this was fascinating. I kept an eye on the Maresch & Son auction from earlier this week. I suggested in my post from the 21, the stamps might go for significantly less than the estimate and I was correct. Mind you, it didn’t take a clairvoyant to figure out the prices would be lower. With the current economic crash and pandemic fears, people are being extremely cautious. I was surprised at how low some went for. Makes me wish I had been in a position to bid on them.
The collection of early Canadian airmail proof cachets sold for less than half the estimated $1000 value. Someone snagged them for $425 (cdn). This could be a great centre-piece for pioneer airmail collectors. I have about 20 different cachet covers and love looking at them.
Lot 624a, full sheet of Patricia Airways
Valued at $480 sold for a mere $177 (cdn). Oh what a bargain. This one made my heart skip a bit. I own just one Patricia and coveted this full sheet. Ah the sins of stamp collecting.
Lot 627 – Special Delivery block, sold for $307 (cdn)
The estimate was @ $1500.
And finally lot 708a – early Nova Scotia
It was a big surprise and I’m sure collector of Nova Scotia stamps received a hell of a shock when their $325 (cdn) bid won a lot estimated at $2200.
Not all lots sold for far below the estimates. A few even exceeded the predicted price. But that’s the way auctions go. Some days bargains are to be had and other days, bidders war breaks out. The pandemic certainly had an impact. I’ll be watching a couple of upcoming auctions to see if this was a one off or not.
Check out the prices realised at https://stampauctionnetwork.com/RM/RM557.cfm . Not sure how long it will available so don’t waste time.
The realised price sheet is up for the May 29th-30th, 2018 Sparks Auction #27 so I checked out the WW1 poster I wrote about a few weeks back. #FWS1-4 1918 War Saving poster sold for $625, $125 below the listed estimate. Someone picked up a bit of a bargain. The poster was touted to be nearly as sharp and clean as the day it was produced after being stored in a “non-smoking and archival environment for the past 100 years”. Lucky bidder! I hope they enjoy the poster and take great care of it.
Read the original article here:
Sparks Auction gem – WW1 war saving poster up for grabs
I have a soft spot for John Talman auctions. Any time I’ve visited his offices in the past, John Talman has been a fountain of amazing information. He loves to share his encyclopedic knowledge of stamps and is fun to listen to. An auction is slated for May 20th and there are some interesting finds. You can check on all the items up at his website John H. Talman. Two items of note: For US collectors, Talman has a beautiful 3¢ Washington and 1¢ Franklin cover. The stamp colours are still sharp. It’s in very good shape for a cover that’s 160 years old and the cancels are stand outs.
Image courtesy Talman Auctions, Toronto
Lot 78 – Blue cds “Bardstown Ky./Jul. 23/1858”. Various transit marks on back plus “Madoc Jy 29/1858/U.C.” split two-ring HS. F and very scarce. Est. $500-$1500+
The second cover is the one that revs my stamp motor. I have a preference for Canadian stamps and this one is amazing. A 1906 registered letter from Montreal to Berlin with a nice array of KE VII. The 50c Victoria in Widows weeds + the registration stamp make this cover quite attractive. The estimate is set at $250. The cancels would need a close inspection to see how crisp they are. It’s often difficult to judge via a photo.
Image courtesy John Talman Stamps
Not many airmail stamps this time, just a handful. Still, if you are looking for them, there are a few scattered about the auction. I have picked up some great bargains in the past, so check it out. If you’re in Toronto on the day, you can drop to view the lots the day of the auction. THE EAGLES’ CLUB 17 ELM STREET, DOWNTOWN TORONTO (Two blocks north of Dundas Street west off Yonge Street) SALE No. 325 (MAIL SALE No. 347) IN ONE SESSION STARTING AT 2.15 p.m. SUNDAY, MAY 20, 2018
One of my favourite places for stamp auctions has been AWOL for months and I was getting very worried. John H. Talman stamps, in Toronto, runs numerous auctions throughout the year and I’ve been able to scoop some great lots in the past. No idea where they’ve been, there wasn’t a sign of activity for … well .. months and months. I just checked their website and a new auction is notice is up.
They’ve also posted a note promising more auctions: “After this sale we hope to hold sales more frequently. We have many buyers eager to buy and we hope to provide the material they need. We do appreciate your participation in our sales and look forward to your bids for this sale. John H. Talman”
I’ll cruise through the catalogue and see if I can find a sweet offering to post for you.
Check out the listings here http://talmanstamps.com/
Sunday September 3, 2017 – Public Auction – 2:30pm at THE EAGLES’ CLUB 17 ELM STREET, DOWNTOWN TORONTO (Two blocks north of Dundas Street west off Yonge Street). You can also use their bid form if you can’t attend.
A BBC article passed by my desk yesterday afternoon that raised my eyebrows a bit – World’s oldest stamp business Stanley Gibbons up for sale. SG and/or part of the business may go be sold as the owners look for fresh capital to expand into new markets. As you will see, it’s all a bit of a mystery.
It’s a bit hard to say which part, if any, of the Stanley Gibbons Group will be sold off. There are quite a few businesses under SG umbrella, including coin, wine, antique and book auction houses. It was a direct result of their little buying spree to acquire such diverse holdings plus close to a $39 Million (US) loss last year alone, that led SG to a comprehensive restructuring of the business. So, when the headlines screech Stanley Gibbons up for sale, it might actually mean they might just shed some of their auction houses or the entire business. If the June 12, 2017 Strategic Review is anything to go by, it looks like SG is trying to refocus on it’s core strengths of stamp and coin dealing and are actively looking for a buyer.
The SG Group muddied the waters with talk about a possible buy out offer when they posted online they had been approached by Disruptive Capital Group. However, Disruptive is disputing it made any type of take over bid. In a statement relased on June 9, Disruptive states ” Disruptive Capital Finance LLP (“Disruptive”) confirms that it is not making an offer for Stanley Gibbons Group plc.” Regardless, as of June 13, SG posted the following update on the London Stock Exchange page:
Following the announcements of 12 June 2017, Disruptive Capital Finance LLP (“Disruptive”) has requested that it be allowed to participate in the Formal Sales Process announced by the Company yesterday morning. The Company has agreed to this. Disruptive has also agreed that its participation is conditional on any offer for the Company, which may or may not be eventually made by it, being recommended unanimously by the Board of the Company. This statement is made on behalf of both the Company and Disruptive.
RNS Number : 9503H
Stanley Gibbons Group PLC
13 June 2017
Who knows what is actually going on. We’ll have to wait and see. It’s pretty clear Stanley Gibbons board wants to sell, just what and to whom is the question.