Spink and Son

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wikicollecting

2015-06-26 10:49:30

Spink and Son is a company specialising in the dealing and auctioning of coins, medals, stamps, banknotes, books and stock certificates. Spink is primarily based in London, with its head office in Bloomsbury.

Spink also hold regular auctions in New York, Lugano, Hong Kong and Singapore and are present at many major shows and trade fairs worldwide.

History

Founded by John Spink in 1666, the company principally dealt as a goldsmith’s/pawnbrokers. Since then, the company has seen many majority shareholders including Andrew Weir & Co Ltd and Christie’s.

In 2002, Spink was acquired by an investment capital firm based in Singapore who continue to have a controlling interest to this day.

The Numismatic Circular

Spink has published the Spink Numismatic Circular since 1892. This periodical, now published four times a year, offers coins and numismatic books for sale at fixed prices and features articles of diverse numismatic interest.

It is believed to be the oldest such publication in existence today.

List of Departments

Spink Stamps

The Spink Stamp Department has historical links to the name of Robson Lowe, one of the great 20th Century philatelists, whose business was bought by Christie’s in 1980 and integrated into Spink in 1995.

Spink’s Stamp Department is run by a team of 6 experts: David Parsons, Nick Startup, Neil Granger, Paul Matthews, Guy Croton and Dominic Savastano.

Spink Medals

Spink began to sell collector’s medals in the late 19th century. In 1897 they produced the medal for Queen Victoria's Diamond Jubilee.

Only fourteen of these medals were ever made in 1990. Spink received their first Royal Warrant for medals services to Queen Victoria.

They now hold three royal warrants for medal services to HM Queen Elizabeth, HRH the Duke of Edinburgh, and HRH the Prince of Wales; in addition to a recently awarded warrant for philatelic services to HM Queen Elizabeth.

Spink’s Medal Department is headed by associate director of medals, Mark Quayle.

Spink Coins

A founder member of both the International Association of Professional Numismatists (established 1951) and of the British Numismatic Trade Association (est. 1973); Spink specialise in numismatic dealing, valuations and auctions of coins.

Spink’s Coin Department in run by a team of 6 people: Richard Bishop, Paul Dawson, Julie-Morgane Lecoindre, John Pett and William MacKay.

World Records

Spink hold several world records for prices held at auction.

The Chartwell Collection sale

The Chartwell Collection of Great Britain and British Empire stamps took place on June 28 and 29, 2011 and featured world record prices. These included:

• An 1867 One Shilling Missing Virgin stamp with its image of the Virgin Mary missing, which sold for a record price for a British Virgin Islands stamp of £144,000.

• A Mauritius 1847 Post Office 2d Blue, which doubled its high-end estimate of £500,000 to sell for £1.08 million, making it the most expensive stamp ever sold at a British auction.

Other records of note

On May 15th 2003, Spink held the historic auction of the Slaney Collection of English Coins. During this auction all 285 lots were sold, raising over £1million in total.

During this auction, a new record for the highest price achieved for an English silver coin – the famous Petition Crown coin of 1663, which sold for £138,000. Additionally, the Charles I Exeter Mint Half Crown sold for £40,250.

Spink’s entry into the French auction world resulted in one of the most significant and successful stamp auctions Europe has ever seen.

The sale of the world-famous La Fayette Collection in 2003 - arguably France’s most important stamp collection ever assembled - produced a series of landmark world records, including most expensive French stamp, and an overall sale total of 5.75 million Euros.

Spink’s medal department have continued to set and re-set world records since it started to sell collector’s medals in the 1890s.

In 2009, a Victoria Cross medal awarded to Flight Lieutenant Bill Reid was bought for £348,000 at a Spink auction, setting a new world record for the highest price paid for a Victoria Cross awarded to a Briton.

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