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Kelleher June Collections Auction Is Up

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Posted 06/09/2019   7:35 pm  Show Profile Bookmark this reply Add codehappy to your friends list  Get a Link to this Reply

Quote:
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 .


It's even easier to rack up the catalog value with Great Britain, Germany, France, Japan, etc.; they are priced in catalogs at even higher multiples of wholesale value. General world collections often sell for single-digit percentages of CV, at least if they are the typical sort with few or no "key" items.

I keep a full inventory of everything in my WW collection; $800K is a quite realistic CV total for a large all-eras WW collection in the 150K-200K different range, or a pre-1940 "classic" collection in the 55K-60K different range. If they aren't all different, if there's a lot of duplication, it's quite easy to get that total.

There's also the question of whether faulty stamps, early Persia, Romanian occupation of Hungary, etc. are counted in the total -- these areas will almost always be full of reprints or forgeries.

Obviously, collections this large need inspection (or, at least, a whole bunch of scans) to properly assess.
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Edited by codehappy - 06/09/2019 7:36 pm
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Posted 06/11/2019   07:56 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Still got a few plastic tubs from that monster lot that was purchased two Kelleher Auctions ago .The good news is I already got my money back from the lot ,so this stuff will end up first into 102 Black dealer cards then checked with my "working" set of Scott Internationals.

Looking at the coming collection auction ,will maybe buy one or two country lots , this auction seems thin for more advance country collections ,so plans are to go North to a major auction in the fall .Just ordered 12 more red boxes and some cards from Subway .
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Posted 06/11/2019   08:52 am  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
How can you pass up lot 1631?



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Posted 06/11/2019   10:22 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Shipping cost would kill me and if not my wife would kill me because I would be filling the trash dumpster every few days . I won that 16 or 18 carton lot about 2 auctions ago and had to take most of it to my friend Art's house so he had something to sell . He sold most of it in large priority boxes as mixtures .Then on some he made country lots on stock pages ,lots of work but fun I just put stuff on the side in plastic tubs for myself .

We make up lots and list them for 3 hours then break for lunch and then go back and sort and list for 4 more hours in the afternoon . We split the profits and cover the cost of the lot {my profit was stamps }. He wants to do it again soon, maybe in the Fall
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Posted 06/20/2019   8:29 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
I will be going to Danbury during the upcoming week to look at a handful of lots and bidding on SAN.

Ken - I will not be bidding on any album lots.
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Posted 06/20/2019   9:11 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
I talked to Siegel about the collection lot #1333, they were lukewarm about it and I thought maybe I could get it at a reasonable price. It went for $32500 more than double high estimate. All their collection lots sold high.

I'm looking forward to next weekend in Danbury.
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Posted 06/20/2019   9:32 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Yup. Two Siegel balance lots went for four times high estimate and the large Gandhi lot went for 6.5 times high estimate. Another four doubled or better the high estimate. I rarely get to play for long at Siegel and their location makes it a pain in the butt for me to view. I like Kelleher. Danbury is a nice drive for me and the location is good as far as parking and so forth. I would like to attend the auction but I just cannot sit there for so many hours waiting for my few lots to come up.

I did just realize that there is one album lot I might bid on if my review is positive.
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