Worldwide Stamp Collection Sells For $96,000 .

I was going to ask if you'd viewed it in person.

Sounds like the describer did a poor job. And condition is everything on a big old collection like this.

Stanley J Richmond bought it.

In all WW collections, the vast majority of stamps are common. The value of the collection, aside from breadth of countries represented, is in the depth of the material where more mid to high denomination stamps are represented.

However, if many of the more common stamps have visible flaws- short perfs, rounded corners, small tears, and visible stains or toning, the auction house will quickly develop skepticism as to the overall quality and value of the collection. The only safety valve they have is to push the collector or family to accept a lower start bid or other compromise to reduce the likelihood of a no-bid lot.

Rare items are an exception, and many of us have engaged in a lengthy and spirited discussion here recently about collections of extremely rare stamps and the expectations around condition for these collections. All that said, I have seen this process play out many times at bourses and other philatelic venues. As the dealer reviews a few countries, if they see consistent representation of basic stamps with the flaws I mentioned above, they quickly assume the collection is full of weeds which greatly affects their level of interest in the collection. The assumption is if the collector didn't take care to collect quality in the basic stamps, the medium to high-priced stamps will have the same problems.

Knowing how many $100+ stamps or $1,000 stamps are in the collection is a guide, but that info does not speak to the quality of material and thus the true value of the collection.




This could be true, but what if the live bidders/buyers including agents had carefully examined this collection to learn it was of higher overall quality than a typical WW collection? It actually may have been a great deal.

The quality was there and Stanley ended up with a nice property.

Isn't Mr. Richmond an owner of Kelleher's?

Former owner

Stanley Richmond still maintain a office outside of Boston. He has a vast range of knowledge of stamps and knowing who has the better collections.

I for one is pleased to see a sale at $96,000.Because I easily can match that collection on 99 % of content .

As ROGDCAM said above, one of the key things and my pet peeves is to have quality and organized collection where every perf.,watermark and difference in shades is identified .

As Shermae said above "In all WW collections the vast majority of stamps are common,True ,but very few have the depth of material for the mid to high demomination stamps. " That is where a better explanations is needed and a review in person would help.

There were things written in that description that is now on my hit list .Those Canadian JUBILEE'S are on the list ,but there are sections which I know I can blow away that collection ,even Stanley Richmond can attest to that because he is the guy who sold me my two pages of SWISS CANTONALS .

Still working to have a decent WORLDWIDE COLLECTION ,now that I know people are still in the market and willing to pay for them and willing to pay up .HIGHLY MOTIVATED TO CONTINUE .

Should of inculued in the above post is what ROGDCAM said on the first page "ABSOLUTELY PACKED WITH POPULAR PREMIUM ITEMS " that is my goal for the next year- PREMIUM ITEMS .

floortrader: "I can easily match that collection on 99% of content....." Indeed, hard work does pay off.

I may have already mentioned this. In its May auction, Rasdale had a general collection of Portuguese colonies and a specific collection of Port. India. After reading the descriptions, I realized my collections are better.

Congratulations Steve on your work on the Portuguese Col. ,we long time collector always are looking for some way to measure our success and match what we are working on to others . That is why I kept posting about the above WW collection ,something of a measuring stick ,were some will see it as bragging but where else and who else can you judge your own material too.

If Stanley Richmond bought it he was an agent or had a lot of it (or all of it) sold beforehand. He is at the point in life where that is the only reason to buy this. He is certainly past 80 by some years.

Amen, brother. My Classic Era Scott Reproduction albums have been calling (howling) me ever since I watched this collection get hammered down !

Before people get too giddy, it should be pointed out that the collection brought 11.5% of cat. After the tip. Only 7.5% before. Which leaves a dealer plenty of room even for the "leftovers", let alone the quality material. A knowledgeable dealer with a strong clientele can certainly at least triple his money over time.

It is a great point Rev and I am starting to really kick myself for not going after that lot.