From reading this board , we are seeing no "hot area to collect " just a regular stamp show material. Nobody standing in line to buy . Sure you can see a lot of inverted Jennies but nothing that gets people eager to buy .
The average dealer who is at the show has a tough time trying to figure out what to bring to a show like Boston 2026 . You can't bring the stock that you have for display at the local Holiday Inn stamp show . You have to have the hundred dollar even the thousand dollars stuff to justify the cost of being at Boston 2026 . So with no "hot" material selling at twice your purchase price ,your going to have to carry $500,000 of inventory with the idea you need a least $100,000 in sales to start a profit . Nice to sell 2 or 3 hundred thousand to have a successful week . But anything under $100,000 is a loss or close to a break even .
Quote: I haven't seen any comments related to the auctions. Any skinny to share?
The Hawaii sale Rumsey had went a little nuts. The #1 Hawaii 2c stamp went for 370k hammer and a lot of other material appeared to reach or exceed estimate prices. I also saw the 1c Franklin sale went decently well too. I think so far all four Rumsey sales were busy. I got a Scott 21 on cover from the Franklin sale personally.
The Spellman event hosted on Tuesday was crowded. I met Ken and Ryan (That Stamp Guy) along with a few other social media people who were outside the US on zoom during the 630pm influencer discussion.
I attended three days (Sat, Mon, Wed) and today will likely be my last day. I was able to drive every time from Rhode Island without too much hassle, but it was definitely more crowded on the roads today on a normal commute day.
I had a great time there yesterday (Wednesday) and all my worrying about the Bourse was unnecessary. As people have pointed out there's a wide range of material. Though I did learn that sitting for long periods and digging through boxes is just not my thing.
I did buy some things and each of the dealers I spoke to send they were having a good show.
It was my first show of any kind and so I can't comment on how the attendance compares to other events. When I got there around 10 a.m. it seemed a little sparse. Then I went to two sessions at 11 and noon and when I came back to the main floor it was buzzing. Attendance at the sessions was less than I expected - only three in one I went to and five in the other. I would have been disappointed if I was a presenter but again I'm not sure what's "normal" and it might just have been the ones I went to - although the other sessions on that corridor didn't look to be any better attended than the ones I went to.
I agree with an earlier comment that the layout was hard to navigate due to the absence of signs designating what was in the different "pavilions". These were walled off with attractive barriers decorated with stamp images, but there was no signage I could see telling you which one was which so you kind of had to hunt around and figure it out.
The weather was beautiful and people were taking full advantage of all the nearby venues for shopping, restaurants etc.
Was there on Wednesday, my first big show to visit. Fun to see the inverted Jenny and other rarities. The special societies were all around, amazing how narrow the focus can be. The frames were overwhelming, several thousand, too many to study. I did enjoy the QE-II limo and paraphernalia from the world cruise.
I had a plan what I was looking for, but first contact the endless bourse wrecked that, but I was happy with my finds. And left with 17$ bucks in my wallet which turned into ice cream with my wife when I got home… Tom
Quote: The Buccleuch Block at Siegel did not sell.
I'm not surprised. As impressive as the multiple is, the stamp itself does not have the rarity or history/pedigree of a Treskilling yellow, a British Guiana 1p Magenta, or a Z-Grill, which is the arena those kinds of estimates are in.
That is a rarity for Siegel and must be very uncomfortable. They had to have worked their contacts hard and had an idea that the interest wasn't there. I mean how many bidders were pre approved to bid five million. Evidently zero. Wah, wah.
A big factor to the 1840 two-pence blue , Buccleuch Block not selling at that price is there are a few large unused multiples of that stamp out there .
Something that has not been mentioned but should be are the exhibits. Incredible material of every description. A collector could have spent the entire time here doing nothing else, and felt like they won the lottery. Absolutely incredible.
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