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Stock Auction

Press Release May 2003

Rare Price for Rarities at Spink - 8 May 2003

An evening sale of 110 rare stamps of Great Britain and the British Empire from the estate of the late William Frazer realised £657,282 last night and was 98% sold.

The sale of theses rarities, some of which have not been seen by the market for decades, attracted a large number of collectors to Spink’s auction room in Bloomsbury, while many international clients participated via telephone.

Tim Hirsch, Managing Director of Spink, commented: “Collectors and trade alike relished this opportunity to see so many great rarities in one place at one time! This was a very exciting sale which clearly demonstrated the current market’s insatiable demand for rare items. This was only the second sale in our series of auctions of the William Frazer estate, and our fourth of seventeen sales this year. We look forward to more tremendous results such as these throughout 2003."

Spink’s next stamp auction will take place in London on 4 June , when they will offer Australia and Pacific Islands from the William Frazer estate.



Top Ten

Lot 35 British Post Office in Bangkok. 1885 32c. on 2a. yellow, horizontal pair. The only recorded multiple. £71,300
Lot 16 Great Britain Board of Education 1902 1/- dull green and carmine. £43,700
Lot 37 Cayman Islands 1907 1/2D on 5/- salmon & green, interpanneau pair. £36,800
Lot 92 Sierra Leone 1897 Stamp Duty Provisionals 2 ½d. on 2/- dull lilac. £19,550
Lot 5 Great Britain 1867-83 watermark Maltese Cross, £1 brown-lilac. £18,400
Lot 91 Sierra Leone 1897 Stamp Duty Provisionals 2 ½ d on 3d. dull purple & green. £18,400
Lot 105 Turks Islands 1187 CA, perf 12 1d. crimson-lake horizontal pair. £18,400
Lot 110 Zanzibar 1896 2 ½ on 2a. blue, a unique block of six. £18,400
Lot 44 Hong Kong 1874 CC perf. 14 $10 grey-green, superb lower-right. £17,250
Lot 101 Trinidad 1859 pin-perf 13 ½ -14, 6d. bright yellow-green, the remainder shade in a block of forty. £16,100

 

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