Stanley Gibbons

paulfrasercollectibles

2015-06-26 13:36:54

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Stanley Gibbons

Information on Stanley Gibbons Limited, including history, management and ownership, and offices

stanley gibbonsFounder Stanley Gibbons

Overview

Stanley Gibbons is the world's oldest rare stamp merchant, with a history that dates back to 1856. It continues to provide top quality opportunities for its customers, which include the Royal Philatelic Collection.

The Stanley Gibbons group nowincorporates Fraser's Autographs, Dreweatts & Bloomsbury Auctions, and AH Baldwin's, expanding its interests to antiques, art, autographs, books and coins.

History

Edward Stanley Gibbons (1840-1913), born in the same year as the Penny Black was issued, began collecting while at school and soonestablished a book of stamps for exchange. Joining his father's business in a chemist shop, he was allowed to set up a stamp desk to sell his surplus stamps.

In 1863, Gibbons purchased a sack of the distinctive Cape of Good Hope stamps (now a collector favourite) from two sailors.

When his father died in 1867, Gibbons sold the chemist business and later moved to London tofurther develop his stamp business, setting up shopin Clapham Common. Retiring in 1890, he sold the business to Charles Phillips, a respected philatelist, and in 1891, a new premises was established in The Strand, which remains the company's head offices.

In 1914, the Stanley Gibbons company received a Royal Warrant from avid collector George V.

Stanley Gibbons Limited was floated on the stock market and was a huge success in 1968. In 1989, Paul Fraser acquired a 30% stake in the firm from stamp collector Sir Ron Brierley and, by 1990, was appointed executive chairman.

In 1998, Fraser sold the company for 13.5m to Flying Flowers, but retained a 8% stake in the company. In 2007, he resigned to focus on other projects.

In 2013, the company followed its acquisition of bidStart by acquiring Noble Investments, which added Apex, Baldwin's and Dreweatts & Bloomsbury Auctions to its stable.

Ownership and management

David Bralsford is the current chairman of Stanley Gibbons, while Mike Hall serves as CEO.

Offices

Stanley Gibbons has several offices in the UK, with its head offices at 399 Strand, as well as locations in the Channel Islands of Jersey and Guernsey, and Hong Kong.

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