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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 4th,  Tuesday the 5th, Wednesday the 6th with limited viewing on the 7th.  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 are always actively pursing collections, rarities and groupings for purchase. Outright purchase provides immediate payment, and in the case of voluminous properties, removal of the material. When the decision is made to sell, certain parties, most typically the wife is anxious to reclaim the study or the dining room for less philatelic pursuits. We offer fair and competitive prices for material and have resources for immediate payment.

      We understand how difficult selling a collection which took years of love and passion can be. When building a collection, the resale value is not often the primary concern and when the decision is made to sell the collection, attempting to ascertain the value of the collection becomes a source of much anxiety. A quick and complete sale allows the collector or their family to move on with other pursuits.

Who should Sell Outright?

     A seller who is very conversant with both their material and its market value, who enters into the process with a firm idea of the price the wish to achieve will be most satisfied using outright purchase to liquidate the property. In our experience, these are likely to be Philatelic Dealers or specialized collectors; very few of the sellers we see fall into this category.

Factors to Consider

     Most sellers are not certain the true value of their collection and solicit offers from as many companies as possible. While we will be happy to participate in this exercise, we encourage individuals in this position to contact us for a free consultation. Consider that the individuals from whom you are requesting offers are professionals looking to maximize their own profit on your collection; honest advice and council is not in their best interest.

     We will provide you with guidance to help you learn about your material and its value, but we caution you that given the number of variables, this can be daunting and a source of frustration. Misidentification of items and their condition can cause great variations in value.

     One of most common mistakes we see with novice philatelists is confusing the catalog value with the market price. Only on a rare occasion will a stamp realize the catalog value on the open market. Often times with more recent collections, the best use of the material is as postage. This material is called referred to as “face”, and often times a seller will be offered only a small fraction of the value printed on the stamps.

Contact us first, before you start using “Inverted Jennys” to mail in your absentee ballots or looking at that Ferrari you are going to buy when you sell your collection.

Circumstances under which Outright Sale is Preferable

     Settling Estates – The auction process can take several months depending on the material. Sometimes keeping an estate open can be costly and an outright sale allows an estate to be finalized.

     Small Collections – Often collections that have a low value will not perform well in a live auction and any possible difference between the purchase offer we will make and the price you MAY realize at auction does not warrant the effort to auction.

     Collections with Questionable Items – Collections with a large number of lower value of items that may be forgeries, repaired or altered may leave too much variation in the value of the items for any purchaser to make a high offer. The cost and time involved to obtain certificates, especially if a high probability of “bad” certificates exists. Selling this type of collection outright is the most economical.

     Large “Face value” collections – Generally these types of collections will sell for a percentage of the value irrespective of how they are offered. A quick transaction is often best solution for the client.

Balancing Immediate Payment with Maximum Profit

     Often customers are forced to trade off immediate payment with maximum profit. If you find yourself torn between your immediate cash needs and a desire to maximize profits, contact us, we offer creative solutions including advanced payments and partial purchase plans.

 

If you are considering selling your material outright, please contact us for immediate consideration, or include us in your list of potential bidders.