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Kelleher June Collections Auction Is Up

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Posted 06/08/2019   4:05 pm  Show Profile Check KRelyea's eBay Listings Bookmark this topic Add KRelyea to your friends list Get a Link to this Message
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Posted 06/08/2019   4:19 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Wow! I will be viewing that one. Probably out of my range but I want to see it. 1630 looks interesting as well and more affordable. I have a huge lot at Kellehers for their September sale with a cv of in excess of $750,000. Keep an eye out for it in the Fall.
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Posted 06/08/2019   6:08 pm  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Thanks for the heads up ......awful lot of collections with many runs of Internationals .The country lots if you take out all the postal history stuff is much weaker . Overall a auction that will bring out a lot of worldwide resellers and collectors .
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Posted 06/08/2019   6:09 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
What kind of lot did you consign in case I don't get 1629.

It always happens. Last week I got tired of waiting for the Kelleher auction and I bought a 55 Vol Scott. Now I'm wondering if I messed up but if 1629 goes out of sight then I'm good. What a game!!
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Posted 06/08/2019   8:46 pm  Show Profile Bookmark this reply Add rlsny to your friends list  Get a Link to this Reply
I love the titles of the worldwide collections. From "Philatelic Back Breaker" to "Philatelic Master Disaster" - they got very creative on this one. A few more: "Philatelic Conflagration", "Philatelic Kerfuffle", "Topsy-Turvy Topical Tumbler"
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Posted 06/09/2019   09:25 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Spend last night looking at the whole catalog online . Found a few collection lots that hold my interest . No more of those big bulk lots for me for a while .Will stick with the two or three collection lots hoping to fill in spaces in areas I am weak in .

Looked at that large lot mentioned above , I would like to ask someone what they are reading and what I am reading from the description of that listing .
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Posted 06/09/2019   2:11 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
The first thing I thought is that I'd better drive over to Danbury and see this collection.

I've sold 4 Scott Vol 1 collections that were over 90% complete and I would guesstimate that the catalog value for these collections was about $150K, obviously the ratio of mint to used and condition makes a big difference but any way you look at it it's a long ways to $800K.

This collection is described as;


Quote:
1840-1955 and beyond
which raises more questions. A strong Vol I is usually 3 or 4 volumes and Vol II is 2 volumes and 1950-55 is 2 or 3 volumesmore. So if there were 9 volumes it would leave 6 more for "extras" which must be very strong. If these "extras" are for later years that's not so good.

In Columbus OH Harmer Shau had a Vol I in 10 volumes but this included many stock pages that take up a lot of room, but it was a strong collection and sold for $35K.

With these questions the only answer is to go see it. I do wish they'd shown some pictures.
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Posted 06/09/2019   2:23 pm  Show Profile Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply

Quote:
...I do wish they'd shown some pictures.


I do not understand why anyone would try to sell something in that price range without more images. I only have purchased cars in the price range but I would not drive across town based upon a single image and a short description. Classic car auctions do a much better job is showing the higher end material. It would be nice to see stamp auction companies put on this kind of online presentation (upcoming Monterey 2019 car auction)
https://www.mecum.com/auctions/monterey-2019/lots/
(click on any of the 'main attractions)
Don
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Posted 06/09/2019   2:42 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
I wonder how Kelleher would respond to an email request for a bunch of scans. I have asked Siegel for scans of album collection lots in the past and received a PDF with hundreds of images within a day. I might give it a try even though I will be looking at the Kelleher lots in person.
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Posted 06/09/2019   2:45 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Ken - It just dawned on me that you are an album guy. My September consignment is dealer cards etc..

Perhaps I will see you at the June sale.
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Posted 06/09/2019   3:12 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
I'll arrive around noon on Friday and view all afternoon and then be at the auction on Saturday. If we meet we better not talk politics or ebay!
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Posted 06/09/2019   3:20 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
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Posted 06/09/2019   4:53 pm  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Don says he can't understand how this lot 1629 is being sold . I can explain it .Let me break it down for some of our newer collectors and newer readers .

First let me explain what is a problem for me ,you may disagree or see things different .

First it is missing two words ===All "different" and "complete" ,that tells me a lot .

Second the catalog totals mean nothing words like "owner estimate" and "likely exceeds" has no legal standing to the buyer on a claim .


Third ;$800,000 is not hard to achieve with countries like those listed above especially if you can include huge runs of stamps from ----Hungary,Italy,Monaco,Philippines,Poland,Spain and Yugoslavia these country collections and inventory often sell for much less than 1/10 catalog .

Fourth , paying over $60,000 for only $66,161.00 worth of pre-1940 is going to be a hard sell to recover your money on a resell ,remember this is a volume I with lots of broken sets and broken meaning the lower values of a set .

Fifth as mention above if 66,000 is in the early stamps ,what in the world is $735,000 in later issues surely my 1941 to 1970 Scott Internationals don't even come close to that number ,there has to be something even later that can make that number ,maybe all the recent new issues that you see at Kelleher Auctions that they have a hard time to move .


That is the way I read the above ad .....tell me what I am missing .
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Posted 06/09/2019   5:26 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
If the BC is mint sets and highly complete and the 1930-50's sets in general are pretty well full it can easily be done. Heck, I have been disposing of my WW on 102 cards for a couple of years and have sold over one million in CV. Was it all cream? No Was there lots of really good stuff? Yes If I mounted it (I never got to it) it would be a million dollar plus collection without breaking a sweat. I agree that cv means not too much depending on what is there. Lots of bogus Iran and Albanian overprints can skew it quickly. I have to ask in this case why it was not cherry picked. Or was it? Have to see it. No other way.
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Posted 06/09/2019   5:45 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
I read it to mean $66,161 was the cat $ of the 1st album of 15 not the cat $ of the Part I stamps. I'm presuming the collection is organized alphabetically with each album containing 1840-1955 stamps.

I find it very difficult to evaluate a collection from the description. I'm talking about all auction houses not specifically Kelleher.
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Edited by KRelyea - 06/09/2019 6:21 pm
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Posted 06/09/2019   6:22 pm  Show Profile Check gmot's eBay Listings Bookmark this reply Add gmot to your friends list  Get a Link to this Reply
Find it odd they wouldn't put up a couple dozen scans or so, would be in their best interest you would think. This way only those able to view in person would feel comfortable bidding at that level. Find this for many auctioneers, not very many pictures of the country/worldwide lots.
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