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Penny Black Stamp Sells For Almost Czk 2m In Prague

 
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Posted 08/26/2013   9:06 pm  Show Profile Bookmark this topic Add bobby131313 to your friends list Get a Link to this Message
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Pillar Of The Community
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Posted 08/26/2013   9:24 pm  Show Profile Bookmark this reply Add Cjd to your friends list  Get a Link to this Reply
Translated into 'English' a block of six penny blacks, plate 11, sold for just under US$99,000, plus buyer's premium of another US$18,000 +/-. (1,900,000 crowns plus premium)

Here is the takeaway line from the article...


Quote:
"The real price is two to five million crowns," said [the auctioneer].


One of two points is being made here...the auctioneer does not understand how and why auctions work; or, you have no business selling a rare-ish piece of GB philately in Prague.
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Pillar Of The Community
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Posted 08/27/2013   08:52 am  Show Profile Bookmark this reply Add jogil to your friends list  Get a Link to this Reply
I have heard that the best place to sell a stamp in is usually in its country of origin.
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