Posted on Monday 07 April 2008 at 10:36:16 Four Great Rarities Reach 3’824’000 Euros (US$ 6 million):
Our latest “Rarities of the World” auction included four great world rarities which sold at record high levels. The first on offer was the British Guiana 1851 "Cotton Reel" issue "2 cents" error on pale blue paper, on a cover formerly in the Ferrary and Burrus collections. It opened at 360'000 Euro and sold for 597'500 Euro to a telephone bidder.
Reflecting the continuing strong market for rare stamps and postal history, and with dealers and exhibitors looking towards the major international exhibitions coming up, culminating with London 2010, our latest series of auctions, held April 1-5, 2008, totalled nearly 10 million Euro, averaging 30% over the estimates and with a very high percentage of lots sold.
Managing Director Marcus Orsi estimated that the internet added at least 35% to the total realisation, and stated, "This has been one of our most successful auction series, and demonstrates our ability to generate strong results for every area of philately and for every kind of lot, from a modest accumulation to a world-class rarity. Our company continues its tradition of leadership in the auction business for world-wide stamps, covers, and collections, and our results prove it, time after time." [READ MORE]
Why sell through David Feldman? Your results really matter to us. We have sold more Grand Prix and Large Gold collections, and set more world records for prices achieved, than any other auction company, ever!
Our Autumn 2008 Auctions will be October 2-6, 2008 - consignments are invited and must reach us by June 30, 2008 in order to allow for inteligent presentation and promotion.