Who Says August is a Quiet Month?

The Stamp Man

The Stamp Man

2018-09-03 12:29:08

Market Update

August is the month when sales slump. 

Everyone is off on holiday, basking in the sunshine and putting off any buying decisions to a later date.

Most businesses expect a seasonal lull in August.

At least that’s what they tell us…

Instead, we have experienced one of our busiest sales months of the year this August.

Here are some of the sales completed by us this month…

Sales Highlights

1. Historical Documents

The highest value sale of the month was a large historical document signed by one of the most charismatic rulers to sit on the throne of England, Henry VIII:

Henry VIII signed document – Price: £90,000 (SOLD)

This exceptionally large document in pristine condition dating from 1542 was signed "Henry" by the king, indicating that it was signed following the Reformation. Prior to this, he signed documents "Henri".

The signature is followed by a large R signifying the words, Rex Omnibus, meaning "king of all" in Latin.

Normally, historical documents like this are held in institutions such as the British Library, the National Archives and the British Museum, leaving very few in private hands.

It is one of the finest Henry VIII pieces we have ever handled and will soon be with its new owner in the Far East.

2. Rare Coins

We are currently working with another new client of ours who is looking to build a collection of the “Twelve Caesars” gold coins.

I have always felt this a fantastic collection to build. Interest is unlikely to ever diminish in the history of the Roman Empire. The stories of the Caesars are all captivating. From narcissistic to sadistic, from humble to kind, their legacies live on.

Our challenge is in finding the fine quality examples our client demands. However, we managed to find two fantastic coins this month for our client’s collection…

We were delighted to find this coin for our client, which we rarely ever see - especially in this grade of quality.

Claudius AD 41-54, very fine to nearly extremely fine – PRICE: £24,000 (SOLD)

RICE: £24,Our client was also excited about the prospect of owning what is one of the top 10 graded pieces in the world (below):

Vespasian AD 69-79, Almost or About Uncirculated with near-perfect strike – PRICE: £27,500 (SOLD)

3. Rare Stamps

Interest in Chinese and British Empire stamps remains high and most stamps we offered in these areas sold very quickly over the past month.

We also sold an absolutely perfect example of the most iconic error of colour in GB Philately, the “Prussian Blue”:

Great Britain 1935 ‘Silver Jubilee’ 2½d Prussian Blue, SG456a. A superb unmounted mint example: PRICE - £18,500 (SOLD)

This beautiful stamp travelled all the way to the United States to be with its new and proud owner.

Strong International Market

The above only represent a sample of sales completed this month. I feel very encouraged by the number of new clients we continue to recruit from all the corners of the world, illustrating the sheer size of the global market for collectibles.

Many of our clients buy purely for emotional value and are what we call “thoroughbred collectors”.

Some clients buy purely as an investment. There can be all sorts of motivations for this, such as: 

  1. Wealth diversification from traditional asset classes
  2. Protection against an economic “Armageddon event”
  3. Means of beating inflation by getting a better return on cash than the pitiful rates of interest offered by banks
  4. Tax planning
  5. Inheritance planning 

However, the future of the market, in my opinion, belongs to those people purchasing for emotional value whilst also viewing their collection as a long term store of wealth.

In my view, these people have it sussed, of which I am one. We get the best of both worlds. We protect and grow our wealth doing something from which we derive great pleasure and satisfaction, not to mention intellectual stimulation.

Let’s Finish August with a Bang!

It would be great if you could help me finish this record month with a bang. I present to you below something very special:

Great Britain 1935 Silver Jubilee 2½d Prussian Blue, SG456a. An exceptional and very rare block of four of the unissued colour - the most iconic error of colour in GB philately. (Very lightly hinged on the top pair). An exceptional rarity and the first block of four of this famous stamp I have ever seen. SG Catalogue price for unmounted mint single stamps is £18,500 ($24,329). Accompanied by a certificate of authenticity from the British Philatelic Association (BPA). 

PRICE: £70,000 ($92,057)

The famous “King's Error” stamp takes pride of place in a select few quality collections and investment portfolios. The block of four above takes you into the world of philatelic honours. It is representative of the absolute pinnacle of the hobby.

It is the only block of four of this famous stamp I have ever seen. I am informed there are two others out there, but this one is the best quality example of the three in existence.

The Stanley Gibbons catalogue price in 2001 for a single unmounted mint example was £6,000 for this stamp. In the most recent catalogue published in May 2018, it was listed at a price of £18,500 ($24,329). That is growth of 208% in the past 17 years (12.3% pa).

It is a beauty to behold, with a strong historic record of price appreciation satisfying the needs of both the collector and the investor.

How to purchase my TOP philatelic item

If you want to get your hands on this stunning exhibition piece, you will need to email me at mike@paulfrasercollectibles.com to secure the stamp.

Alternatively, you can call us on +44(0)1534 639998. 

I look forward to welcoming you to the premier league of philately.

Kind regards

 

Mike Hall

CEO, Just Collecting Limited

PS. If this stamp is over your budget, put me to the test. Let me know your budget (not less than £100/$131) and I will send you details of the best stamp I think you could buy right now for both emotional pleasure and as a long term investment, with my reasons why. 

Come and join us on JustCollecting - the community for collectors

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