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Bedrock Of The Community
United States
10632 Posts |
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And the reason for a name such as "The Gatsby Collection" is simply to keep the real name of the collector private. Perhaps the collector loved the book. |
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Pillar Of The Community
United States
8436 Posts |
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Rev ----Thanks for the tip ,I'll pass it on to my wife . Because I made money twice in the stock market on one particler stock and spend those profits on stamps .
So after I die ,if you see a auction lot described as " the Waste Management Collection " that will be my stuff . |
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Bedrock Of The Community
United States
10632 Posts |
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Quote:
So after I die ,if you see a auction lot described as " the Waste Management Collection " that will be my stuff .  That works as well as any other..... |
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Bedrock Of The Community
12569 Posts |
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Quote:
Why is it not being broken down? Over and above those possibilities already mentioned? The time element, just to begin with. To do so might well require several months of work on the part of the auction house. Which might mean disregarding all other work in the meantime. Just going through and cataloging a single album collection properly can take several hours work. It is much more labor intensive then simply viewing a collection at an auction; actually writing a description means checking almost every stamp with any modest value if one wants to be accurate. But I do agree that a collection of this magnitude would have to be looked at with something of a jaundiced eye; it really is not a lot for "amateurs". An astute analysis and a reason why I predict that the collection lacks certs and fault free and well centered stamps. If a collection walked in the door of an auction house that had name sale million-dollar realizations written all over it and with certs for all the right material as well as top quality it would be a no-brainer to invest the $20,000 in labor to describe it properly and pick up great $$$$$. If on the other hand everything would need to be submitted for certs and it would still be a slog because of misidentifications, centering or faults/condition issues it makes complete sense to list it intact albeit with far fewer potential bidders. Many questions to be answered. We await the unveiling.  |
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Bedrock Of The Community
United States
10632 Posts |
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a reason why I predict that the collection lacks certs and fault free and well centered stamps I agree that this seems a fairly high probability. Plus, if the certs, centering, etc were all there, I am not sure that this is where such a collection would wind up. |
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Pillar Of The Community
United States
4094 Posts |
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"Why is it not being broken down? Over and above those possibilities already mentioned? The time element, just to begin with"
It boils down to will the house make more or less if broken down. Profit = commission - costs. Saying break down is nebulous. Break down how far? The more you break it down the more your costs increase. Obviously you could go too far and break it down into every individual stamp and you would lose your shorts, but it seems likely that if you broke it down some that the commission would go up more than the cost. |
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Bedrock Of The Community
12569 Posts |
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"...an entire volume of the famous Waterbury's" would seem like a logical candidate to be broken out. |
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Bedrock Of The Community
United States
10632 Posts |
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it seems likely that if you broke it down some that the commission would go up more than the cost. It well might, or possibly not. The more the collection is broken down, then there are more items which are easy to look at. Which may or may not be better. Which goes back to waiting for the images to be posted. |
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Bedrock Of The Community
United States
10632 Posts |
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.an entire volume of the famous Waterbury's" would seem like a logical candidate to be broken out. Depending on how many are genuine. Lots of fakes out there, so certs are needed on a lot of them. If they are not there........ |
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Bedrock Of The Community
12569 Posts |
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Pillar Of The Community
United States
1773 Posts |
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There could also be many many volumes with nothing but face value material. I wouldn't be surprised if there were 100 volumes of modern stamps and maybe even some FDCs. These would obviously bring the final bid down.
Selling this as 1 lot is certainly faster than breaking it down and spreading it over several "Collections Auctions". The only legitimate reason I can see for selling as one lot is if the owners were in a hurry for the $, ie. estate taxes or some other need. I can't imagine Kelleher telling the owner it is too much work to break down, even though the final value would be much higher.
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Pillar Of The Community
United States
4094 Posts |
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Bedrock Of The Community
United States
10632 Posts |
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Probably both; many volumes of postage (with a few decent items mixed in) and probably several of common used material as well. |
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Bedrock Of The Community
12569 Posts |
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Pillar Of The Community
United States
4094 Posts |
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Replies: 138 / Views: 10,467 |
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Posted 08/31/2022 11:14 am
