Capital Gains Appraisals  

What's New

April 7th 2011 Auction!    

     Two of the Greatest Names in the Philatelic Auction Industry will join forces at the ASDA Spring Postage Stamp Show in New York.  Our second public auction will precede the Kelleher Auction utilizing the same facilities. 

     This date confidently corresponds with the start of ASDA show in NYC, April 7-10, 2011

     Both viewing and the auction will be held at the New Yorker Hotel. (the same hotel as the show)

   Viewing available April 4th, 5th and 6th in the "Bank Room" at the hotel.

   The auction will commence at 10:00 am on April 7th in the "Bank Room" with afternoon lots available for viewing at Harmer/Kelleher booth on the show floor.                                

   April 7th 10am  - United States and World-wide Forgeries and "Reproductions"..Lots 1 - 277

  April 7th - NOT BEFORE 1:00pm - British Commonwealth ,including British North America...Lots 278 - 394

                                                      General Foreign Issues including Saint Pierre et Miquelon,

                                                     Robert Simon Japan, Peter DuPuy Belgium etc...Lots 395 - 605

                                                     Collections and "Various" of the world....Lots 606 - 695

  

 Remember you must register to bid at least 10 days prior to the auction to avoid disappointment.

   

 

Current News

Catalogue will be on-line soon.

     Our April 7th 2011 Auction catalogue will be on-line soon.  To request a printed version, please contact our offices or complete a New Client Registration form.

    Viewing will be Monday the 4^th,  Tuesday the 5^th, Wednesday the 6^th with limited viewing on the 7^th.  Viewing begins each day at 10am and close at 5pm.  Appointments for before and after hours can be made by contacting our office at 212.532.3700. 

      Both the viewing and the auction will take place at the ASDA show headquarters, The New Yorker Hotel.  The hotel is conveniently located in Midtown Manhattan on 34th Street and the corner of 8th Avenue,  just across from Madison Square Garden and Penn Station.  

Recent Events

Consignments are arriving for our Next Auction in July 2011

     Plans are currently underway for a July 2011 public auction. While we will continue offering private auction and private treaty sales arrangements, with our Kelleher Auctions teaming arrangement, we can increase the frequency of our public auctions without compromising the quality of our material.

     Mr. Keith Harmer has begun accepting consignments for his Summer Auction.  Early consignments are particularly encouraged for large or complex collections.  Please contact our offices for more information or to schedule an appointment.

 

      

      We find nothing more depressing than concluding a successful sale for a client only to have a client ask us to send half of the returns to Uncle Sam because of an unexpected capital gains liability.  While no firm can make guarantees, especially when the government is involved, we can help in situations where a collector’s purchases were not sufficiently documented. 

 

    These “Estimated cost” appraisals can be supplied to Harmers International clients with a Capital Gains Tax liability. These appraisals are in the form of a letter advising the estimated cost based on such information as the client can supply.

 

     Our vast knowledge of philatelic realizations can fairly accurately estimate the purchase price of a items in variety areas. The purchase price of a single item that may have been purchased at auction is simple, but how would one place a cost value of a single item that was purchased as part of a larger collection?  How would one estimate the loss on items that were purchased as “authentic” but after twenty years are found to be forgeries?  These are areas where our knowledge is invaluable.  

        Please contact us if we can be of service.

 

     The cost for an “Estimated Cost” Appraisal is $250 plus 1% of the net realization.