Stamp sale had Far East, China bidding action


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Shown here is the popular 1980 Year of the Monkey 8f (SG 2968) stamp that made $2,092. Photo courtesy Stanley Gibbons

LONDON – Stanley Gibbons’ new auction room at 399 Strand was packed out for its Foreign, British Commonwealth and Great Britain Public Auction on June 23 even though it had to compete with the England vs. Slovenia World Cup match.

With many offers outstanding still to be finalized the company is confident of selling approximately 90 percent of the 931 lots offered at the auction, realizing in excess of $750,000, excluding buyer’s premium. Realizations include 15 percent buyer’s premium.

A 1929 silk covered presentation booklet containing a range of unused but stuck down sets, sold for $ 1,743 against an estimate of $750. The Commonwealth section was extremely busy, especially on the strong sections of “Far East” material, which was sought after by both room and telephone bidders alike:

The highlight from the 35-plus “mixed” collections on offer was a “Superb collection of used KGV, in nine albums, which realized $33,121.

An 1858 Feb. 3 cover to Wales, franked with 1d red, tied by the Pearson Hill Experimental Machine London code M cancel, realized $2,266 against a presale estimate of $450.

Another sought-after item was a complete collection of USA Duck Stamps for 1934-99 which realized $4,880 against an estimate of $3,000.

For more visit www.stanleygibbons.com. ?

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