FULL history of the unique 1856 1¢ British Guiana stamp

News items. General trends, new issues, new policies etc. **Whatever** you like. WORLDWIDE. Start a new thread on your question. Please do not discuss ebay in THIS forum as we have a separate and popular Forum for that discussion.

Moderator: Volunteer Moderator Team

Post Reply
User avatar
fromdownunder
Founder Member Joined April 2007
Founder Member Joined April 2007
Posts: 35816
Joined: 23 Apr 2007 15:25
Location: Lara, Victoria, Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by fromdownunder »

With much reluctance, I have finally decided that I will not be bidding in this Auction.

Norm
Geelong, VFA Premiers 1878, 1879, 1800, 1882, 1883, 1884, 1886, AFL Premiers 1925, 1931, 1937, 1951, 1952, 1963, 2007, 2009, 2011, .

User avatar
Greaden
I was online for Post Number 6 MILLION!
I was online for Post Number 6 MILLION!
Posts: 393
Joined: 02 Dec 2012 16:02
Location: Philadelphia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by Greaden »

I saw the stamp this afternoon. The photographs are far too kind. The name of the country is barely visible.

One must squint and look sideways to see if there is any trace of lettering on the right margin. It would be easier to see a distant galaxy in an urban sky. The ship is practically invisible. About all one can decipher is the postmark.

The back is much more interesting, with all its mysterious owners' marks.

User avatar
warm
Founder Member Joined April 2007
Founder Member Joined April 2007
Posts: 2344
Joined: 18 Apr 2007 10:11
Location: Sydney, Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by warm »

fromdownunder wrote:With much reluctance, I have finally decided that I will not be bidding in this Auction.

Norm
Well, with all meaningful competition gone -- I also will not bid.
It would not be sport.
Last edited by warm on 17 Jun 2014 13:42, edited 1 time in total.

User avatar
ottawasteve
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 1314
Joined: 24 Dec 2012 13:23
Location: Manotick Canada

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by ottawasteve »

The big guns are pulling out....maybe now I can get it at the opening bid!

User avatar
Allanswood
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 15357
Joined: 02 Dec 2009 11:59
Location: Goulburn NSW Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by Allanswood »

I can't manage an opening bid even if it's in cents.
.
Greg - Looking for Goulburn Australia Cancels and Grangemouth Scotland Cancels and Covers
Member of the S.T.A.M.P Club for Slightly Twisted And Mad Philatelists - Motto: "Bring back the lick!"

User avatar
Lakatoi 4
Founder Member Joined April 2007
Founder Member Joined April 2007
Posts: 21509
Joined: 19 Apr 2007 20:41
Location: First star on the right then straight on till morning ...

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Lakatoi 4 »

There is a live feed apparently but I you have to register with their Bidnow system to see it. Also you need to register 24 hours before the auction, so unless a Board member here has done that they can't get it.

Here is the link:

http://www.sothebys.com/en/auctions/watch-live.html
Tony
"A cancelled stamp tells part of the story, a cover tells it all"

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Sounds just like Sotheby's - make everything simple in life, as difficult as humanly possible! :roll:

As the sale is not accepting live bids why on earth wouldn't they make the live feed accessible to all???? Cost to them near zero. Free global publicity incalculable.

Did anyone here Register before they closed this off?

User avatar
ausfoo
AQUA Shooting Star Board ADDICT!
AQUA Shooting Star Board ADDICT!
Posts: 680
Joined: 02 Jul 2012 13:40
Location: Georgia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by ausfoo »

There is a live stream of the auction. You have to register and log in as a member, and pretend to bid for the stamp, and they will provide you a link to watch the auction live.

And for some reason, the Sotheby's website is very slow now.
Image
Countries: Malaysia, Trucial States Thematics: "Postal Services", "Postmen", "Post Boxes", etc. (anything related)Interested in all Stamp Catalogues (Especially thematic, one-country, and specialized catalogs)

User avatar
bazza4338
100 Thousand Club - Addicted Stamp Poster!
100 Thousand Club - Addicted Stamp Poster!
Posts: 102887
Joined: 12 Dec 2009 16:50
Location: Korumburra Vic. Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 2014

Post by bazza4338 »

Global Administrator wrote: Is there live streaming feed of the sale does anyone know? If so, can someone post the access link to that. :mrgreen:

Glen
This might be it

https://www.sothebys.com/en/auctions/watch-live.html


Image

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Lakatoi 4 wrote:There is a live feed apparently but I you have to register with their Bidnow system to see it. Also you need to register 24 hours before the auction, so unless a Board member here has done that they can't get it.

Here is the link:

http://www.sothebys.com/en/auctions/watch-live.html
Bazza - DO keep up .. we have just discussed all this, and it it clearly is too late to Register.

Unless some spotty face genius there decides to allow all to watch it. Probably requires a Board Meeting in August to ratify that. :lol: :lol: :lol:

User avatar
bazza4338
100 Thousand Club - Addicted Stamp Poster!
100 Thousand Club - Addicted Stamp Poster!
Posts: 102887
Joined: 12 Dec 2009 16:50
Location: Korumburra Vic. Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by bazza4338 »

In error I failed to refresh the topic before posting.

I don't think you have to register. I can't find any reference to registering just to watch. Unless I've missed it.

"To view live video of your selected auction, click the BIDnow or WATCH LIVE button.

Online registration to bid in Sotheby’s Evening sales closes 24 hours prior to the auction."


I presume you can click "Watch Now" prior to 5:00am Wednesday 18th June Melbourne time.

User avatar
GlenStephens
I was online for Post Number 4 MILLION!
I was online for Post Number 4 MILLION!
Posts: 21718
Joined: 06 Sep 2005 19:46
Location: Sunny Sydney .... well Castlecrag to be precise.
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by GlenStephens »

The following posts are from stampboarders watching the live feed, and including one in the auction room on a smartphone, meaning stampboards was the FIRST place on earth where the final result of this sale was published.

We beat Reuters, News Limited, and all other media - as even if they had staffers in the sale room, it takes a half hour to get this kind of stuff posted onto web pages, even as a written outcome summary.

Yes some TV cameras were there to get some footage for the evening news, but again that will take hours to appear.

We had at least 4 stampboards members present at the sale room.

And as photos were permitted IN the room, a few cellphone shots and videos of the general crowd and media before and during the sale, are a great bonus for all readers.

And remember Richard's note above that 20% "Buyer Fee" is added to the hammer price according to the printed cataolgue.

On a $10 million hammer, that is $US2 million to add on to invoice total. (Despite Sothebys NY website stating a sliding scale applies.)

Does that usual USA nonsense of NY state sales tax also need get added, for buyers residing in the Tri-State area still occur .. I imagine it does?

Glen
Image
The unique 1856 1c British Guiana Black on Magenta stamp sold at Sothebys New York, June 17, 2014

And a reminder to those new to this thread - the DETAILED history of this legendary and unique 1856 1c British Guiana Black on Magenta stamp, over the past 100+ years, complete with many photos is here - well worth a detailed read -

https://tinyurl.com/1cHistory

If your local Club has a journal, or if you have local newspaper, please pass this link above on - indeed email it to any stamp friends you have, as the sales result will be added to end of it!

The more the global stamp Community passes on this amazing result, to as many people as possible, the better it is for Philately, and ultimately the value of YOUR stamps - that really is true. :mrgreen:

https://tinyurl.com/1cHistory

Glen
.
Click HERE to see superb, RARE and unusual stamps, at FIXED low nett prices, high rez photos, and NO buyer fees etc!

User avatar
barkway
Green Star Less Than 10 Posts Member
Green Star Less Than 10 Posts Member
Posts: 5
Joined: 18 Jun 2014 03:03
Location: Hollywood, Florida

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by barkway »

Anyone know who the actual owner of the stamp is now given John duPont died in prison about 3 yrs ago? Is it the DE Museum of Natural History? Who put it up for auction?

User avatar
aethelwulf
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 15835
Joined: 13 Jun 2009 01:17
Location: Fragrant Harbour, Hong Kong

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by aethelwulf »

barkway wrote:Anyone know who the actual owner of the stamp is now given John duPont died in prison about 3 yrs ago? Is it the DE Museum of Natural History? Who put it up for auction?
After he died, it was held by his estate, while the family and the Bulgarian wrestler who was to inherit DuPont's fortune fought it out in court.

Sotheby's lists the owner in the catalogue as being "the estate of John DuPont". The proceeds of the sale, assuming it sells, will go to the wrestler AFAIK.
Collecting Mongolia; Thailand; Indo-China; Mourning Covers; OHMS.

User avatar
barkway
Green Star Less Than 10 Posts Member
Green Star Less Than 10 Posts Member
Posts: 5
Joined: 18 Jun 2014 03:03
Location: Hollywood, Florida

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by barkway »

aethelwulf wrote: After he died, it was held by his estate, while the family and the Bulgarian wrestler who was to inherit DuPont's fortune fought it out in court.

Sotheby's lists the owner in the catalogue as being "the estate of John DuPont". The proceeds of the sale, assuming it sells, will go to the wrestler AFAIK.
Grew up in PA/DE area and remember local media reporting the estate had been settled in court. If "Estate" technically no longer exists (now that court has settled), was wondering who had inherited the stamp. Sounds like they're not saying (by using non-existent "estate" as cover). Member of the family says the judge threw out a lot of the wrestler's claims to his estate, and that coin and stamp collections were left to DE Museum of Nat.History.

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Yup,

Assuming my stupid iPhone doesn't die I'll be there and I'll be happy to post on here.

Capetriangles, this is me: (Ugly guy in the middle)

Image

If you see me there say hi!

Bill

User avatar
jrobb
GOLD Star Super Posting Stampboarder!
GOLD Star Super Posting Stampboarder!
Posts: 283
Joined: 03 Aug 2009 07:06
Location: Scotland

Re: DuPont: owner of unique 1856 1¢ British Guiana stamp, di

Post by jrobb »

fromdownunder wrote:
Global Administrator wrote:
GregPaulFraser wrote:
Did you know they are making a film of his life, where he will be played by Steve Carrell? Should be a good watch, if not a tad ridiculous.
Now that movie I HAVE to see! :lol: :lol: :lol:

Any idea when it is released?
Glen, I don't think this is the Movie you are looking for:

Foxcatcher
The story of Olympic Wrestling Champion Mark Schultz and how paranoid schizophrenic John duPont killed his brother, Olympic Champion Dave Schultz.

Starring Steve Carell, Channing Tatum, and Mark Ruffalo


http://www.imdb.com/title/tt1100089/?ref_=nm_flmg_act_2

And Steve Carrell? An excellent reason to avoid this like the plague. the duPont role was originally offered to Gary Oldman, which makes a lot more sense. The release date was pushed back from late 2013 to sometime in 2014. But even now, there is still no official release date.

Norm
The news about today's auction jogged my memory of this news snippet I saw last week:

Foxcatcher's been winning largely rave reviews. It was a nominee for the Palme d'Or in Cannes at the end of May, where it won the Best Director Award. It currently has a "fresh" rating of 88% on Rotten Tomatoes (a film critic review website that aggregates scores), and Carell, Tatum and Ruffalo are all being praised for their performances. No idea whether or not it will feature 1c British
Guiana...

The film is due for wide release this November.
Last edited by jrobb on 18 Jun 2014 09:26, edited 1 time in total.
Interests: collecting worldwide through the 80's and sorting through kiloware!

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

You guys like pics. Well I'm here.

No traffic on the way in to speak of!

Image

And here's Sotheby's!

Image

Shockingly I got a parking spot RIGHT in front of it on York ave. that NEVER EVER happens in Manhattan!

User avatar
Lakatoi 4
Founder Member Joined April 2007
Founder Member Joined April 2007
Posts: 21509
Joined: 19 Apr 2007 20:41
Location: First star on the right then straight on till morning ...

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Lakatoi 4 »

Could be a good omen :idea:

Thanks for sharing and keep those pics coming 8)
Tony
"A cancelled stamp tells part of the story, a cover tells it all"

User avatar
goof
I was online for Post Number 4 MILLION!
I was online for Post Number 4 MILLION!
Posts: 3474
Joined: 29 Nov 2012 10:51
Location: Crewe, UK

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by goof »

Enjoy Bill, might be plenty of seats free :shock: :lol:

Thanks for the updates.

regards
Mick

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Bill great to see you are on the case in person, and we will read the sale price here FIRST in print, anywhere on the globe! :(

Glen

User avatar
Greaden
I was online for Post Number 6 MILLION!
I was online for Post Number 6 MILLION!
Posts: 393
Joined: 02 Dec 2012 16:02
Location: Philadelphia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Greaden »

Finding a parking spot in that area is an especially good omen. Finding a second 1c Magenta in a random pile of kiloware is more likely.

User avatar
MargoZ
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 17346
Joined: 01 Apr 2007 23:53
Location: Sydney Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by MargoZ »

Don't forget there is live streaming available if you want to watch it all happen...just on the countdown to the auction now!

http://www.sothebys.com/en/auctions/watch-live.html
Please click link below to "Like" stampboards on FACEBOOK -
https://www.facebook.com/stampboards/

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Get ready kids :)

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Opening at $4.5 mill

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

At $5.5

User avatar
ausfoo
AQUA Shooting Star Board ADDICT!
AQUA Shooting Star Board ADDICT!
Posts: 680
Joined: 02 Jul 2012 13:40
Location: Georgia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by ausfoo »

$US7,900,000 - plus all the extra on top
Countries: Malaysia, Trucial States Thematics: "Postal Services", "Postmen", "Post Boxes", etc. (anything related)Interested in all Stamp Catalogues (Especially thematic, one-country, and specialized catalogs)

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Sold $7,900,000 plus all commissions.

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Invoice price =$US9.48 Million with the 20% commission added. (Plus any insurances and NY sales tax etc.)
Right now that is over $A10.15 Million.
Image

User avatar
ausfoo
AQUA Shooting Star Board ADDICT!
AQUA Shooting Star Board ADDICT!
Posts: 680
Joined: 02 Jul 2012 13:40
Location: Georgia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by ausfoo »

Anonymous buyer. God knows where the stamp will end up again...
Countries: Malaysia, Trucial States Thematics: "Postal Services", "Postmen", "Post Boxes", etc. (anything related)Interested in all Stamp Catalogues (Especially thematic, one-country, and specialized catalogs)

User avatar
vinobub
BLUE Shooting Star Posting GURU!!
BLUE Shooting Star Posting GURU!!
Posts: 858
Joined: 18 Oct 2007 16:02
Location: Singapore

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by vinobub »

Below low est, but still a world record

User avatar
pookie9121
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 1952
Joined: 28 Jul 2011 06:50
Location: Atlanta, Georgia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by pookie9121 »

I'm showing it on the website at $9,013,000. Maybe someone forgot to add some more numbers?
Enjoy every minute

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Ahhh you guys kept posting so I had to submit like 3 times haha.

Buyer has, per auctioneer, requested anonymity.

Roughly $9.5 mill with premium. World record for a philatelic item.

And yes, it looks badly faded in person as compared to when I last saw it.

User avatar
barkway
Green Star Less Than 10 Posts Member
Green Star Less Than 10 Posts Member
Posts: 5
Joined: 18 Jun 2014 03:03
Location: Hollywood, Florida

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by barkway »

Sold for $US7.9 million plus all add ons: https://twitter.com/TKDanovich/status/479037163343183872

User avatar
ausfoo
AQUA Shooting Star Board ADDICT!
AQUA Shooting Star Board ADDICT!
Posts: 680
Joined: 02 Jul 2012 13:40
Location: Georgia, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by ausfoo »

Big question: Who bought it?!
Countries: Malaysia, Trucial States Thematics: "Postal Services", "Postmen", "Post Boxes", etc. (anything related)Interested in all Stamp Catalogues (Especially thematic, one-country, and specialized catalogs)

User avatar
barkway
Green Star Less Than 10 Posts Member
Green Star Less Than 10 Posts Member
Posts: 5
Joined: 18 Jun 2014 03:03
Location: Hollywood, Florida

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by barkway »

ausfoo wrote:Big question: Who bought it?!
Some eager beaver reporter will find out and leak it.

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Price is over $A10.15 Million.

We were first in the world in print of any form, on the hammer price - well done Bill for being our man live in the sale room! :mrgreen:

Took those dolts at Sothebys a minute or so to find a calculator to work out the final price. Like a Monty Python script! And then their own website figure is half a million wrong - clearly they were using the sliding scale (that their website says is their usual) and not the flat 20%. :roll:

User avatar
kidstamper
AQUA Shooting Star Board ADDICT!
AQUA Shooting Star Board ADDICT!
Posts: 522
Joined: 02 Mar 2014 13:38
Location: BC, Canada

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by kidstamper »

It was an anonymous buyer.

User avatar
MargoZ
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 17346
Joined: 01 Apr 2007 23:53
Location: Sydney Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by MargoZ »

Auction called by David Redden, Sotheby's longest-serving auctioneer who has been with the company since 1974.

He is responsible for a number of record-breaking sales of book collections, as well as for such spectacular individual items as the Magna Carta, sold in 2007 for $21 million.

With a range of expertise and interests , he also orchestrated many of Sotheby's recent creative and innovative sales, including: the private sale of The Forbes Family Collection of Imperial Fabergé; the Tyrannosaurus rex fossil "Sue;" the Estate of Jacqueline Kennedy Onassis; Property from the Duke and Duchess of Windsor; and the celebrated Russian Space History sale.

As Sotheby's longest-serving Auctioneer worldwide, Mr Redden has been at the podium for many of these historic auctions.

In an interview he was asked if he always wanted to be an auctioneer. Apparent he did not:
"After my first few months at Sotheby’s I was asked to do an auction. It was terrifying. My throat went dry and my hand was trembling. I forgot to take notes on who bought what for the first 20 lots. After a few more auctions, the technical parts became automatic".

Image
David Redden holding up the red scrap
Please click link below to "Like" stampboards on FACEBOOK -
https://www.facebook.com/stampboards/

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Ok pics!

The little red thing... Yes, it's faded badly IMO

Image

The best I could do of the back...

Image

The place was packed. Trays of food, champagne and Tullamore Dew whiskey as well. The press was there in force.

Image

The auction

Image

The room.

Image

And the best parking luck I've ever had haha!!!

Image

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

I did record video of it being hammered down, it's a bit big for photobucket I'm sure. When I get home I can upload it to YouTube I suppose.

User avatar
goof
I was online for Post Number 4 MILLION!
I was online for Post Number 4 MILLION!
Posts: 3474
Joined: 29 Nov 2012 10:51
Location: Crewe, UK

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by goof »

Bill

Thanks for the photos and the updates, there are as many in the press as there are in the audience!!

cheers
Mick

User avatar
ingegné
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 92
Joined: 20 May 2014 04:41
Location: Rome, Italy

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by ingegné »

Been waiting for weeks, had to register to Sotheby's, gave them my credit card number (yes, just to watch), stayed awake until 1.00 a.m., expected a thriller and everything was ended in a few minutes.

Disappointed.

Now I wait for MY auction in Buenos Aires at 2.00 a.m.

Until this morning I was the sole bidder for the lot I'm lurking at US$ 45.00 (my maximum offer $ 80.00) and some clever guy bidded against me and raised his offer to US$ 70 bringing me to $ 77.00 Image

And now I have to follow the auction to be sure that he will not bid again at the last minute Image Image

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Brilliant photos Bill -- stampboards was first print media anywhere with photos inside the room as well.

Did you get one of David Redden at the Rostrum?

User avatar
MargoZ
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 17346
Joined: 01 Apr 2007 23:53
Location: Sydney Australia

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by MargoZ »

And who actually cleaned up form this sale ?(other than Sothebys, of course)


https://thetimes-tribune.com/news/millionaire-killer-s-stamp- ... -1.1704687

Under du Pont’s will, 80 percent of the proceeds from the sale will go to former wrestler Valentine Jordanov Dimitrov of Sewickley and his family members. The remainder is designated for the Eurasia Pacific Wildlife Conservation Foundation, based in Paoli, Pa., which du Pont founded.

Dimitrov, 54, won a gold medal at the 1996 Atlanta Olympics representing Bulgaria. He gained notoriety in 2013 when he returned his medal to the International Olympic Committee to protest its decision to drop wrestling from the program.

The will was contested several times by du Pont family members but was most recently upheld in 2012 in local and state appellate courts. Attorneys involved in the appeal have said the last formal deadline to appeal the will expired in November.

Sotheby’s spokesman Rocha would not elaborate on the distribution of proceeds, saying only that the stamp is being sold by du Pont’s estate.

Image
John Du Pont and Valentine Jordanov Dimitrov


Image
Dimitrov in action

According to wikipedia in 1990 Dimitrov emigrated to the United States, but he also continued wrestling for Bulgaria until 1996. He won a bronze medal at the 1992 Barcelona Olympics in the Freestyle Flyweight 52 kg event and a gold medal in the same event at the 1996 Atlanta Olympics He is a seven-time world champion, seven-time European champion, and the only wrestler to hold 10 medals (7 gold, 2 silver and 1 bronze) from World Championships.

He retired from wrestling after the 1996 Olympics. In 1997 he became a member of the Athletes' commission of FILA, and was the President of the Bulgarian Wrestling Federation from 1998 to 2007. He has been a member of the Bureau of the Bulgarian Olympic Committee since 2000. He is married and has two children.

The will of American multi-millionaire John Eleuthère du Pont bequeathed 80% of his estate to Yordanov and his relatives.
Please click link below to "Like" stampboards on FACEBOOK -
https://www.facebook.com/stampboards/

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Bidding started at $US4.5 Million in the room, and quickly rose to the final hammer price of $US7.9 million.

The weight has been estimated to be about the same as the Sweden 3sk “Tre Skilling Yellow” which we know weighs exactly 0.02675 grams (0.0009 ounces).

The Guiana was invoiced for $US9.48 million, so my rough figuring is that gives the stamp the staggering value of some $US350 Billion per kilogram.

Any Math expert reading this that can check that figure please, and post your figure here?

Image

User avatar
Lakatoi 4
Founder Member Joined April 2007
Founder Member Joined April 2007
Posts: 21509
Joined: 19 Apr 2007 20:41
Location: First star on the right then straight on till morning ...

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Lakatoi 4 »

billw2 wrote:Ok pics!

The little red thing... Yes, it's faded badly IMO

Image
Only a signature on a bit of red paper left with no way to restore it back either.

Makes you wonder what it will look like in 10 or 20 years time :idea:
Tony
"A cancelled stamp tells part of the story, a cover tells it all"

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Yes I can ;)

$7,900,000 plus 20% is $9,480,000.

Plus NY Sales tax if you live in New York. (Anywhere between 7 and 8.875 depending on locality)

User avatar
billw2
RED Shooting Star Posting LEGEND!
RED Shooting Star Posting LEGEND!
Posts: 2192
Joined: 02 Nov 2010 08:51
Location: Alpine, New Jersey, USA

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by billw2 »

Global Administrator wrote:Brilliant photos Bill -- stampboards was first print media anywhere with photos inside the room as well.

Did you get one of David Redden at the Rostrum?
Thanks!

I thought I did... I'll look. I do have video saved tho.

User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 57361
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: Unique 1856 1¢ British Guiana stamp Auctioned June 17, 2

Post by Global Administrator »

Global Administrator wrote:Bidding started at $US4.5 Million in the room, and quickly rose to the final hammer price of $US7.9 million.

The weight has been estimated to be about the same as the Sweden 3sk “Tre Skilling Yellow” which we know weighs exactly 0.02675 grams (0.0009 ounces).

The Guiana was invoiced for $US9.48 million, so my rough figuring is that gives the stamp the staggering value of some $US350 Billion per kilogram.

Any Math expert reading this that can check that figure please, and post your figure here?
Any Math whizzes out there?

Image

Post Reply

Return to “Discuss stamps - and *anything* at ALL happening with stamps”

Who is online

Users browsing this forum: No registered users and 16 guests