Spectacular Results from the Egypt Online Auction

The Egypt specialised sale, held online last Friday, exceeded our expectations to achieve EUR 375’000, with 85% of the lots sold. The hammer prices average of the 151 lots sold had successfully reached 280% of the estimates.

This exciting auction of Egypt presented 180 lots showing much of the very popular issues from the Royal period of Fouad & Farouk, with unique proofs, essays, control blocks from the Royal collection, commemoratives, definitives, airmails etc., plus a unique and never before offered array of imperforate errors showing printers coloured streaks.

These fantastic results demonstrated once again the strength of David Feldman Auctions to achieve for their clients the leading prices of the market.

See the prices realised, here.

Below is an overview of some of the highlights that drove these outstanding results.

1938 King Farouk’s Birthday £E1
Estimated at EUR 6’000
Sold at EUR 43’200 

1951 Royal Wedding, 10m green and red-brown
Estimated at EUR 4’000
Sold at EUR 14’400

1955 Anniversary of Rotary International
Estimated at EUR 180
Sold at EUR 3’840 

1958 Proclamation of the United Arab Republic
Estimated at EUR 200
Sold at EUR 3’000

1944-51 King Farouk “Military” Issue 50pi
Estimated at EUR 800
Sold at EUR 6’600

1914 De La Rue 1m to 200m complete set of ten values
Estimated at EUR 300
Sold at EUR 3’840