.... in the philatelic
world .... BREAKING NEWS : 30 June 2003
Stolen stamps - Warning to our readers: At the time of a recent burgling (in April) at the Stamp Printing Works of the Belgian Post Office in Malines (B), gangsters succeeded in concealing e.a. an important batch of not yet issued Luxembourg postage stamps. They are three stamps of the series "Bridges and Viaducts of Luxembourg" reproducing "Nei Bréck" (Bridge Adolphe - 0,45 EUR), the bridge of "Stierchen" (0,59 EUR and the Bridge Victor Bodson (Viaduct of Hesperange - 0,89 EUR). P&T
Luxembourg
requests its customers, or just any philatelist, if a batch of the
aforesaid In order to be distinguished clearly from the stolen stamps, the series of stamps issued officially on 20 May 2003 will be covered with a mark reproducing the postal logo using a practically invisible fluorescent ink to the eye, but easily detectable eye using a UV lamp. Sweden Starts printing the East India Man stamps Now the print of the coming autum's stamp issue "The East India Man" has started. After the approval of the artist Marc Grieves and the Swedish East India Company, Sweden Posts stamp-printing machines started up today, 24 June. Sweden Post will issue the stamps on October 4, the National Stamp Day, which is a tradition since 40 years back. - We are very happy for this stamp issue as it is a messenger for The East India Man, looking both from a historical and a future perspective. With The East India Man, the past times will meet the current times - and vice versa. The same as with stamps, a pleased Jöregen Gabrielsson, president for the Swedish East India Company, says. - This stamp booklet will have a completely new design and outlook, which will depict The East India Man and it's voyages between Sweden and China. We hop this stamp issue will be appreciated as a collector's item, a souvenir and as beautiful postage for domesic and international letters, Britt-Inger Hahne, president for Sweden Post Stamps said. With an autograph, Marc Grieves, the artist behind this stamp issue, approved the stamps, together with Jörgen Gabrielsson and Britt-Inger Hahne, after a strict first study of the print. Then, the printing equipment started up and the stamps were printed in a speed of approx 100 thousand per hour. They are printed in combination of offset and recess(steel-print). All the stamps for this issue were engraved by Martin Mörck, who lives in the island of Grötö, just off the city of Göteborg (Gothenburg). The four stamps depict the new East India Man, the original ship from 1745, and different details from the same. A hand-made map depicting the archipelago off Canton in China, and some of the merchandise that were shipped to Sweden in those days will be shown on the booklet. East India Man as a
copy
Classic Israel Stamp Collection Acquired New York, N.Y. (June 18, 2003) - Mr. Sam Malamud, president of the Ideal Stamp Company has announced that his New York firm has made a major purchase of an important holding of Israeli stamps. A highlight of this outstanding collection is the inclusion of the Doar Ivri issue (Scott #1-9) in complete sheets both perf and imperf that are noteworthy for their excellent condition. This recent acquisition also boasts complete sheets of 300 stamps each of the 1948 Moadim LiSimcha "Jewish Holiday" stamps (Scott #10-14) in very fine condition, an unusual find more than fifty years after the issue's release. Mr. Malamud also noted that the collection included a beautiful set of complete sheets of the first Israeli postage dues (Scott #J1-5), along with a breathtaking assortment of almost all varieties of the Doar Ivri issues, as well an an extensive collection of official first day covers with tabs of almost all the classic Israel stamp issues. "In my more than fifty years experience in dealing with classic Israeli philatelic material, I have rarely seen such important items as in this acquisition in such excellent and outstanding condition. They are sure to electrify advanced collectors around the world," Mr. Malamud declared. Ideal Stamp Company, a leading philatelic firm has specialized in better grade stamps of Israel, U.S., British Empire and worldwide classic issues, is located in the heart of Midtown Manhattan. Collectors with specific want lists for better grade Israeli stamps are invited to contact Mr. Malamud at the Ideal Stamp Company, 460 West 34th Street, New York, NY 10001, telephone (212) 629-7979 or fax (212) 629-3350. ` Greg manning Collection Auction Realizes $ 2.75 Million West Caldwell, New Jersey, June 23, 2003 - A spokesperson for Greg Manning Auctions, Inc. (NASDAQ-GMAI) announced today that the GMAI specialized public auction sale of collections and dealers stocks, held in West Caldwell, New Jersey on Saturday, June 21, realized $2.75 million, which was 37½% over its presale estimate of $2,000,000. A total of 88% of the lots were sold by both value and lot numbers. The auction garnered several hundred participants from around the world, who participated via fax, telephone, email, online and live bidding, all of which created a competitive sale with extremely strong presale activity including over $3,250,000 in total absentee bids received before the auction. Greg Manning, CEO and President stated, "The United States section of the auction was extraordinarily competitive with 48 out of 50 lots selling for an averaae of almost $11,000 per lot"! The highlight of this section was the sale of the Henry Lyman collection of Hawaii, which was sold to a telephone bidder for $149,500 and estimated at $100,000 to $125,000. A "Substantial Mint United States Collection from an "Estate" was estimated at $22,000 to $26,000 and finally was knocked down to a determined floor buyer for $34,500. The next important section of the auction included 432 lots by country. A major collection of the 1843 issue of Brazil was estimated to bring $12,000 and $15,000 and sold to an agent for $23,000. A "Valuable Mint and Used Canada Collection, 1851-1948," carried a presale valuation of $18,000 to $20,000 and sold to a telephone buyer for $23,000. A high quality collection of Cape of Good Hope Triangles, both stamps and covers, soldfor $23,000 just over its high estimate of $18,000 to $22,000. A valuable collection of France sold within its estimated range of $18,000 to $25,000, when it was hammered down to an absentee bidder for $23,000. Another lot of Early France Classics, estimated at $3,500 to $4,000 realized $7,762, well above its presale valuation. A massive German States Collection, housed in five bulging Lindner albums was the subject of several overseas bidders and sold for $32,200, well over the estimate of $25,000 to $30,000. A "German Occupation Collection" went to a floor buyer for $11,500 and its estimate was $8,000 to $10,000. A comprehensive, mainly mint collection of Great Britain estimated at $3,000 to $4,000 sold for $6,325 to a determined floor bidder. An extensive mint and used collection of Hungary was the subject of strong bidding and sold over its top estimate of $6,000 when it hammered down for $7,187. The Italian States section included one the finest collections of Sicily ever sold by Greg Manning Auctions, Inc. and many of the rare stamps and covers came with certificates of authenticity. This extraordinary collection went over its estimate of $20,000 to $25,000, when it sold to an overseas buyer for $27,600. An important collection of Luxembourg sold to a telephone bidder for $31,050, just over the presale valuation of $25,000 to $30,000. One of the most sought after collections in the auction, a highly specialized New Zealand mint collection containing positional blocks, varieties and booklets valued at $4,500 to $6,000 and selling to a telephone bidder from New Zealand for $10,925. A "Fantastic Mint Collection of Saudi Arabia", sold to another telephone bidder for $24,150, against the estimate of $12,000 to $18,000. A mint Sweden Collection 1855-1958 sold for $10,380, or just over the top estimate of $9,000. The back of the catalogue contained 159 lots by area and received much bidder attention. The "Powerful Used British Commonwealth Collection to 1936 ", was sold to a floor bidder for $21,850 or slightly over the high end of the $15,000 to $20,000 estimate. A group of British Commonwealth retired APS sales books was estimated at $7,000 to $9,000 and sold for $12,075. An exciting, worldwide assortment sold for $10,925 and greatly exceeded the $5,000 for $7,000 estimate. All of the realizations listed above include the 15% buyer's premium. Greg Manning continued, "This auction again demonstrated exactly how strong the worldwide stamp market is. Whenever, and wherever an important auction is held, good material brings excellent prices when presented properly. This auction contained an unusual number of collections valued over $10,000 and virtually every lot was sold. This is further testimony to the high demand for stamps today and the ability of our cliental to purchase almost any type of specialized collection". The next Greg Manning Auction, Inc. auction of collections will be held on September 20, 2003. Any interested parties who wish to consign of receive a catalogue, please contact David Graham at GMAI,\par 775 Passaic Avenue, West Caldwell, New Jersey or review the company's website at\par www.gregmanning.com for further information. 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