Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

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Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Browny »

Once Sold for just £240 ............ 45 years on........... Now what would this be worth today? :shock: :shock: 8)

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Post by petercollects0 »

Hi Browny,

Found the following information on the Cairns stamp club site
http://cairnsstampclub.asn.au/articles.html...

"In March 2003 Spink Stamp Auctions of London sold a 1930 2d red KGV side-face Tête-Bêche 2d KGV pair sells for $AU217,898 a record for any Australian philatelic item, this also stirred up interest in the KGV side-face issues."

Haven't found any other references but a 300 - 400 fold increase is pretty good, even over 45 years :)
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Post by admin »

Some Bunny wrote about these several times. Which is where the Cairns club info came from. :)

My personal view has always been these were never bought over a PO counter. :idea:

https://www.glenstephens.com/linnsMay5-03.html - my front page story in Linns Stamp News -

Image


2 Common Australian stamps sell for $A217,898

By Glen Stephens

A mint hinged pair of Australian stamps which would sell for a few dollars if separated fetched a world record price for an Australian stamp item on March 20.

Both the vendor and the purchaser are understood to be Americans

This pair just sold for the second highest price for ANY British Commonwealth stamp item from 20th Century.

The two 1930 King George V 2d red stamps are joined "upside-down" (Tête-Bêche), transforming two otherwise common stamps items into the most costly item in Australian philately.

This pair if separated would become two hinged mint copies of Scott 71, which have a catalogue value of $4 each.

The unique 1930 King George V 2d golden scarlet Tête-Bêche pair realised a record £82,800 ($US130,028) at Spink auction in London against a pre-sale estimate of £20,000 - £25,000.

That figure is way over double the previous record price for an Australian Commonwealth stamp item. (See my page 1 article Linns June 4, 2001 for the previous record holder at $A96,800 - 2/- Kangaroo, imperforate between.)

The record price has attracted mass media coverage in Australia including the "Australian Financial Review" - the local equivalent to the "Wall Street Journal".

This realisation makes this the second most valuable stamp item from the entire twentieth century British Commonwealth from my research today.

Beaten out only by the Great Britain 1902 KEVII 6d purple "I. R. Official" overprint mint, which sold at Stanley Gibbons London for £92,000 in May 2000. That stamp is also believed unique in private hands but 7 other mint copies exist in institutional collections. Used examples also exist.

This Australian pair has a price in the recently published current "KGV" volume of the Australian Commonwealth Specialists Catalogue of $A75,000 ($US44,462) and as Stanley Gibbons 99ac is catalogued £32,000. The Spink auction realisation is nearly triple the new ACSC catalogue value. Scott does not list or price this Tête-Bêche pair.

Bidding was extremely keen, with 8 bidders on the telephone trying to acquire this one item. It eventually went to a private collector believed to be in the USA. A leading Australian dealer told me today he was under-bidder, and simply wanted it for stock. The pair is accompanied by a 1981 BPA Expertising Certificate

This error has always attracted a healthy amount of controversy and discussion in Australia. Leading collector Ray Chapman FRPSL amassed the finest post-war collection of Australian stamps. This top award winning collection was purchased outright by Australia Post in 1986 for a very substantial figure (and for less than a private offer in the 7 figure range) as much of it they did not possess in their own archives.

In addition to being a noted collector, Chapman was editor of the leading "Stamp News" magazine, President of the "Ausipex 84" International and a leading light with the Royal Philatelic Society of Victoria etc .

Chapman told me he always doubted this pair was sold over a Post Office counter, and has expounded this theory in the Australian stamp press. He chose not to bid on this piece when offered at auctions in the 1960s, 1970s and 1980 when his large collection was primarily being formed.

Chapman seemed of the opinion the pair was possibly "printer's waste" of some kind with a murky history, and was not anxious to acquire it.

The definitive single volume handbook on Australian stamps was published by Alec Rosenblum OBE. "The Stamps Of The Commonwealth Of Australia" was issued in updated editions between 1922 to 1968. Rosenblum was also the founding Editor and owner of the mass circulation 'Australian Stamp Monthly' launched in 1930.

Even in the final 1968 edition of that extremely detailed work Rosenblum mentions this pair only in passing. Recording it via this short note rather dismissively in 27 words: "One pair - said to have been obtained from a repaired booklet, exists of this stamp . This obviously comes from the booklet plate. Its history is obscure".

Chapman has chronicled that the pair was first reported in the "Australian Stamp Monthly" of June 1932, where it was claimed they were discovered in a £1 stamp booklet (120 x 2d stamps) "sold at the Melbourne GPO - full particulars next month."

The next mention of these stamp however appears to have been nearly a decade later in July 1941 in the same magazine now stating that the booklet came from "a well known suburban Post Office south of the Yarra (River) in May 1931".

The month, year and location of this "find" are thus contradicted in these two brief and contemporary stamp magazine reports.

This pair eventually found its way into the remarkable Jack Kilfoyle collection which was offered for sale by Harmers London in 1961 and sold for well under the £300 estimate at £240.

My research indicates that the pair was last offered for auction in a Greg Manning Rarity Auction in 1980. It was subsequently sold in 1981 to an American collector by Melbourne dealer Rodney Perry for $A35,000. The recent Spink price converts to $A217,898, or 6.22 times more than that 1981 sale.

Perry purchased the pair on behalf of a client in 1971 for $A4,100. He re-purchased from that client in 1975 for $A12,500, and sold at his auction to an investor in 1977 for $A26,000.

The pair has small pieces of gummed strips with neatly rounded corners adhering to the reverse. This possibly suggests that it had been taken from a master booklet sheet and then used to make up a stamp booklet pane.

Part of one of these pieces of gummed paper can be seen just protruding at top left corner of illustration. Chapman argues that pieces of regular stamp selvage were normally used for this type of rough substitution but "not neatly rounded gum strips" as were reported on the reverse of this pair.

Tim Hirsch, Managing Director of Spink said of the sale: "the price of Australian stamps has climbed enormously over the last two to three years, and generally collectibles as an alternative investment remain incredibly solid, as demonstrated by this remarkable price".

Spink claim the pair came to light by chance when a client brought it to the counter at Spink's premises in Bloomsbury, London, seeking advice on its value. He was reportedly amazed at the estimate which Spink's specialists gave him. Even more amazed one imagines when the client realised Spink under-estimated its eventual market value by some 400%.
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Post by petercollects0 »

That's what I like about this Board - someone always knows :D
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Post by SimonDunkerley »

I have also written in detail about this pair and their history - see it at

https://www.glenstephens.com/simondunkerleytribute.html


The price you mention above of £240 was at the 'Kilfoyle' sale in London in 1961. At the time the ACSC catalogue value was £300.

My article includes all of the known/verified times this pair has changed hands and the prices it sold for.

Simon Dunkerley

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Post by chambo »

The next item down in Browny's resume of prices interests me too - how many imperforated 1928 miniature sheets are around? How does their price compare historically to the tete beche pair?

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Post by SimonDunkerley »

The imperforate miniature sheets make an interesting story - the miniature sheets were only printed at the 1928 Melbourne exhibition and the first sheet printed was not perforated. This sheet, comprising 15 minitature sheets was presented to KGV.

It was too large for the King's album page so it was suggested and enacted that the right-hand column of three be cut off and sold in the market so that collectors could own them.

This was done and so there were three in private hands. Of those one found it's way into the Chapman collection, now owned by Australia Post, the second was owned by a collector in Canberra whose exhibit was stolen just after the 1984 Ausipex international exhibition held in Melbourne. This stolen collection has never surfaced during the ensuing 23 years. It is assumed and probably rightly believed this has now been destroyed. If the latter is so, there is only one remaining in private hands - currently owned by an Australian collector.

The curent catalogue value in ACSC for the imperforate miniature sheet is $200,000 compared to $250,000 for the 2d tete-beche pair and this difference reflects the price history of these items pretty well.
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Post by chambo »

Fascinating. Another story that proves the worth of this board...

As a Canberra resident, I'll look out for that stolen collection...

thanks Simon, cheers Chambo
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Post by SimonDunkerley »

I understand the collection was stolen in Melbourne shortly after the exhibition and to date none of the many fine pieces have come onto the market.

If they were to they would be recognised by those in the know in an instant and would be unsaleable on the open market, just like a rare painting from the National Gallery.

The professional stamp trade has very good communication channels for tracing stolen property that might be offered around and one day I could put many a story into a book! :D

Anyway, good luck in your collecting.

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Post by ozstamps »

I think non dealers severely under-estimate the jungle telegraph we have as dealers in a small industry here.

Gary Watson was fleeced of some 1913 Roo Specimens etc a year or so back. They were vendor material and Gary stood to wear the loss.

He quickly alerted the trade. They were very distinctive of course, and he had scans.

Some guy bought them to me. I argued down the price, paid him by check, and mailed them to Gary, and cancelled the cheque.

The guy later phoned, rather miffed when the 4 figure cheque bounced. I suggested he speak to Sergeant XXXX of the Fraud squad in he wanted more detail. ;)

That's the last I heard of it and Gary kindly shipped me up some French bubbly as a 'thank you'. :D
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Post by SimonDunkerley »

The same guy, or possibly one of his 'co-horts' tried to spend $6,000 on a few kangaroos with me just before that when I was in Sydney - and to pay by credit card on condition the items were sent by courier the same day from my hotel to the suburbs ... when I suggested he come in and show me ID or I get a cab to his place, he back peddled and that was the end of that ...
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Post by admin »

I'm going to highlight the sale of this pair in my current Stamp News piece.

Today's cat is $250,000!

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Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by satsuma »

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I Just received Corinphila's preview 2021-2023.

If you've got a few pennies stashed away this might interest you! ;)

Australia KGV tête-bêche pair
Australia KGV tête-bêche pair


From the Dubois Collection Part 4 - to be offered late 2023
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Re: Australia KGV tête-bêche pair to be auctioned.

Post by David Benson »

Jill Nette was a friend of mine and I remember telling her to be careful with the pair or she could have one with upright watermark and one with inverted watermark,

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Re: Australia KGV tête-bêche pair to be auctioned.

Post by MJ's pet »

Rod Perry once told me he sold this twice. (He was right: 1977 and again in 1981).

Sale of it in 2003: https://www.glenstephens.com/linnsMay5-03.html
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Re: Australia KGV tête-bêche pair to be auctioned.

Post by MJ's pet »

Looks like the KGV won't be sold until Nov-Dec 2023.
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Re: Australia KGV tête-bêche pair to be auctioned.

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Re: Australia KGV tête-bêche pair to be auctioned.

Post by Global Administrator »

.
What a quite APPALLING image from Corinphila -- looks like a modern Ebay Fake printed on cardboard and perforated by a Blind Nun.

My front page article in Linn's in 2003 used an 18 year old image from Spink that was FAR better - even the back cover of the Kilfoyle sale image from EIGHTY years back is superior!

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Kilfoyle BACK cover 1961 sale.jpg
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Re: Australia KGV tête-bêche pair to be auctioned.

Post by Allanswood »

I don't know where they got the image from, but it's not the same pair of stamps to me. Looks like a mock up.

AND who runs a "heads up" sooooo far out from the auction - not even next year!?

KGV tete beche pair.jpg

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Re: Australia KGV tête-bêche pair to be auctioned.

Post by Global Administrator »

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Yes your image - despite being decades old, is far better Greg!

Ken Baker paid the right price - 240 quid!

In his own words -

https://www.stampboards.com/viewtopic.php?f=13&t=34641

Tête-Bêche Pair for £250


I bought other choice pieces for Kilfoyle such as the 1928 Kookaburra mini sheet imperforate. Today this is catalogued by the ACSC at $200,000. However, it fetched only £105 at the Kilfoyle sale in 1961. I bought it.

I also sold on two separate occasions, the unique KGV head 2d tête-bêche pair for £250 each time.

I really should have kept it .... today the ACSC lists it at $A250,000. Who says there is no money in stamps?!

The same comment applies to items such as the 1920 Ross Smith vignette sheets which I have sold for a minute fraction of today's retail levels.

For instance, a Mint block 4 of the First Watermark 1913 £2 Kangaroo sold for only £185 on an estimate of £200 in the 1961 Harmers sale of the Kilfoyle material.

A single MUH example of that stamp sold for $A22,500 at the Arthur Gray auction in 2007.

In the late 1940s I bought a large collection of Kangaroos, exclusively values 5/- and up. There were about 400 of the £2 values alone, many mint, with imprints and monograms.

It cost me £3,000, a great deal of money in the early post war years. Today it easily would fill an entire major auction catalogue broken down into suitable lots.

Jack Kilfoyle purchased it intact off me. When Kilfoyle retired to London his collection comprised some 300 stamp albums.

Kilfoyle's collection was offered by Robson Lowe in early 1961 by private treaty, via a Deluxe colour brochure for £35,000, but did not sell.

Glen has my original copy of that brochure, and the photo highlights of the collection are mind-boggling.

The offered collection was in 130 volumes plus 149 full sheets and 85 panes. 27 volumes were strictly Kangaroos with Essays, Proofs and Blamire Young’s Die Proofs etc.

There were over 500 x £2 Kangaroos alone – many mint and imprint and monograms and blocks.

The KGV heads were in 54 volumes. This included Plate proofs, die proofs, essays and original drawings.

Value today of that unsold £35,000 collection would be very many millions – possibly way over $10 million. Who said there is no money in stamps?

It was then offered at Public Auction on 16/17 October 1961 by Harmers London, lotted up normally, and I was able to buy back many of the items at less than what he paid.

Glen now has my 561 lot sale catalogue, and all original invoices, and prices have certainly increased substantially in 50 years.
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Re: Australia KGV tête-bêche pair to be auctioned.

Post by Global Administrator »

.
Legendary Sydney dealer Ken Baker was a mentor of mine, and good friend, and he kindly left me all the catalogues, correspondence and telegrams and invoices for the Kilfoyle sale etc, to keep for posterity which I have done.

One page of his invoice is below -

As readers can see he paid just £240 for the KGV 2d Tête-bêche pair (not £250 as he recalled 50 years later!) and just £105 for the also unique in private hands imperf Kooka sheet!

As Ken would often say - ''Who says there is no money in stamps?!''

AND remember back then there were zero stamp Auction house "Buyer Fees" - that are often 20%-25% today, PLUS vendor fees of near that sum too.

I bet Harmers got along financially just FINE, with no Buyer Fee. :idea:


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Re: Australia KGV tête-bêche pair to be auctioned.

Post by The Pom »

Allanswood wrote: 15 Oct 2021 17:14 I don't know where they got the image from, but it's not the same pair of stamps to me. Looks like a mock up.

AND who runs a "heads up" sooooo far out from the auction - not even next year!?

Image
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Capture.JPG

Their image is the same stamps in my opinion. However:

They've put a weird filter/effect on it to give it some sort of "3d" appearance.

The stamps are the other way up compared to the scan you show.
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Post by Global Administrator »

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Corinphila are famously clueless re images in many cases, for someone who cheerfully gouges about 40% in fees for the material they sell, but do not think it is the same pair.

NW corner is slightly rounded on original and has a PO paste-up hinge piece there too. No corners on their image are rounded.

Also look at vertical central perfs --- near perfectly centred on Corinphila shot but on original which varies off centre slightly to right on top part.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

There are lot of short perfs on the image and not quite round perfs that are very round on the cleaner pair. So, that raises the question of 'improvements'.

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

I'll await a better scan of the offering but... it raises questions based on a old image.

KGV tete beche pair.jpg

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by MJ's pet »

Very obviously what Corinphila have done on their brochure is image the pair using snipping software - which gives the perfs a very unnatural look - and then back it against a shadow to give it a 3D effect. All done on a computer. Stop panicking and wait for the real image.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

Like I already said: "I'll await a better scan of the image". :roll:

No panic from me. It's obviously an image taken from another printed catalogue at some time. I'd like to find from what time as it's not the image in the ACSC - which shows the pair the other way around. It's a difficult image to find records of.

(Snipping software has nothing to do with altering the way the perfs look.) :geek:

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

.
Assuming they possess the stamp why photoshop an appallingly amateur and ugly image? WEIRD!

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Re: BB #4 : tête-bêche 2d KGV pair sells for £240

Post by Derbyboi2 »

The 2d Tete-Beche pair is for sale again in the November Corinphila auction. It will, however be seen in Australia (the collection is to be viewed in Melbourne and Sydney).

It is a component part of the 'Dubois' collection. The vendor/owner of the collection is an Australian but I don't know whether that information is generally known so I won't name him.

The collection is purportedly one of the best Australian and States to come on the market in recent years and there are so many items it has taken a considerable time to prepare descriptions for the auction.

Dubois.jpg
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Post by Global Administrator »

Hugh Wood owner of H. W. Wood Stamp Insurance Service told me at last Melbourne Exhibition the 2d Tête-Bêche was his, so there is our answer. :lol:

The massive ''Dubois'' collection appears to be all his. Not sure if he was keen to be selling it AT ALL, but it was tied up in a Family Trust as I recall, and his Trustee children voted they wanted it turned into cash.

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Re: The Australian unique Tête-Bêche 2d KGV pair sells for £240

Post by Derbyboi2 »

Glen

Yes, that was the information I had. I am told the quality (as well as the quantity) is outstanding. Deep pockets are called for!!!

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Post by Global Administrator »

If you had paid what I have paid in Wood's insurance premiums you'd know where the deep pockets came from!

The unissued KGV pair also on front cover will get big dough.

I was underbidder at Arthur Gray's KGV sale in Melbourne on them. The bidder was sitting next to me!

I still have the unique die proof I bought of the 2d.
KGV 1d Black Die Proof 3-  7-18.jpg
KGV 1d Black Die Proof 1 7-18.jpg
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Re: The Australian unique Tête-Bêche 2d KGV pair sells for £240

Post by Derbyboi2 »

Glen

I shall await my delivery of the catalogue with interest. I am lucky enough to get the deluxe hardbound copies from Corinphila so will at least have that as a reference.

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by The Pom »

The Corinphila auction with the 2d tete-beche pair is now online, along with a host of other Australian rarities.

https://stampauctionnetwork.com/CO/co2917.cfm

tete1.jpg
tete2.jpg
tete3.jpg
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by fchd »

Estimate is 100,000CHF = approx 160,000AUD, or 90,000GBP

(plus of course the buyer will have to pay the addons)
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

ce89e202f3f138d6fd5ff33194433aae258cf268.jpg
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Despite the 1981 BPA Cert, I'd bet this piece has a bad thin or thins plural, top left (and it appears, a smaller thin lower right as well) where some genius has attempted to peel off the selvedge repair pieces. Gummed stamp paper licked to gummed stamp paper, will NOT peel off like a stamp hinge, and it WILL thin at places - proof positive. LEAVE IT ALONE. :roll: :roll:

Was this dopiness done before or after the September 1981 Cert - who knows, but might be a reason Corimphila did not bother to get a new Certificate after 41 years? :roll:

A gum thin certainly SHOULD be mentioned in their description on a 6 figure piece, whether the cert mentions it or not. :roll:

Let's guess at where the damage was done -

'My research indicates that the pair was last offered for auction in a Greg Manning Rarity Auction on May 10, 1980. It was subsequently sold in 1981 to an American collector by Melbourne dealer Rodney Perry for $A35,000.

The recent Spink price converts to $A217,898, or 6.22 times more than that 1981 sale.

Perry purchased the pair on behalf of a client in 1971 for $A4,100. He re-purchased from that client in 1975 for $A12,500, and sold at his auction to an investor in 1977 for $A26,000.'


The BPA Certificate as we can see was dated September 1981. We will never know if the vandalism and apparent gum thinning took place AFTER the BPA cert was issued to the 'American collector' - presumably so. Either way, odd that the BPA did not mention the 3 pieces of selvedge repairs.

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by David Benson »

I remember being in the room when Jill Nette bought the pair in 1971 at Harmers, Sydney. David Graham was the Auctioneer,

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

KGV tete beche pair corin nov22 sales.jpg
Largest image that will fit on SB.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

The guru of this era Alec Rosenblum, editor of the ASM and ACSC and his own highly regarded detailed Commonwealth handbook published at and after this time, barely mentions it and sniffly declared its history as 'obscure' even up to latter 1960s.

Ray Chapman never liked this pair, and he had MANY chances to buy it in 3 seperate decades. He told me at length one day of his thoughts, and was VERY convinced the facts of its 'discovery' just did not stack up.

1n 1941 it was stated in 'ASM' (published in Melbourne) the stamps were purchased at "a well known suburban Post Office south of the Yarra (River) in May 1931". ACSC even today also confirms this report.


The Stat Dec (from a postal staffer at suburban MALVERN!) oddy states it was purchased at Elizabeth Street City Post office which is of course well NORTH of the Yarra River.

Arthur Gray never liked them either, and had chances to buy them and did not. The 2 very finest Australia collections ever formed post WW2, shunned it.

I had Geoff Kellow here a few weeks back who was aware of both thoughts. At that time he had never inspected the pair, and hopefully now has, as the lots were in Australia for inspection. It looks very clear to me on scans above that the pair is thinned.


'Chapman has chronicled that the pair was first reported in the "Australian Stamp Monthly" of June 1932, where it was claimed they were discovered in a £1 stamp booklet (120 x 2d stamps) "sold at the Melbourne GPO - full particulars next month."

The next mention of these stamp however appears to have been nearly a decade later in July 1941 in the same magazine now stating that the booklet came from "a well known suburban Post Office south of the Yarra (River) in May 1931".

The month, year and location of this "find" are thus contradicted in these two brief and contemporary stamp magazine reports.'
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by satsuma »

Global Administrator wrote: 12 Nov 2022 09:58
The guru of this era Alec Rosenblum, editor of the ASM and ACSC and his own highly regarded detailed Commonwealth handbook published at and after this time, barely mentions it.

Ray Chapman never liked this pair, and he had MANY chances to buy it. He told me at length one day of his thoughts, and was VERY convinced the facts of its 'discovery' just did not stack up.

Arthur Gray never liked them either, and had chances to buy them. The 2 very finest Australia collections ever formed post WW2, shunned it.

So what implication can we take from these opinions?

The pair is either genuine or not, and if they were discovered in a haystack it wouldn't matter a damn to either option.

Current condition affects potential realisation, of course, but at least there is no line outline of a shoe in vivid marker on the back. :roll:
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

Genuine, yes.

'Postally acquired' through normal channels over the counter at a PO, thus requiring a stat dec to 'prove' it? Open to uncertainty.

Why only one pair ever?

Very popular and famous item? Yes.

Pocketed printers waste? Hmmm.

Don't know, just that there is always more than one side to a story (often 3 sides), of a rare, never meant to be item.

Not that it matters, it is such a famous item.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

d476209fc8118262cf4e628d66c8b77cf4ac0a4e.jpg
5028c5712822c3d655094288834586acc2fd8076.jpg
ce89e202f3f138d6fd5ff33194433aae258cf268.jpg
KGV tete beche pair corin nov22 sales.jpg
8288831286f0f35671c9b74f7c8ab69159591595.jpg

stat dec 1.jpg
stat dec 2.jpg
stat dec 3.jpg

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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

Great scans you managed to get Greg .. one look like the code was not all there? I can add whatever image was missed if you like?

The reverse CLEARLY shows it is thinned, that Corinphila cheerfully do not bother to mention on a 6 figure piece. These Swiss auctions keep about FORTY PER CENT from each item sold - you'd imagine they might notice a thin or two? :roll: :roll: :roll:

An admitted Postal Employee from MALVERN PO, (SOUTH of the Yarra, coff - as stated in the ASM and ACSC as the origin PO location) is popping up declaring he magically bought them NORTH of the Yarra. Why would a Malvern PO staffer be buying a £1 book of stamps (a week or more wages in The Great Depression) in the CITY - indeed why would he buy ANY stamps there retail at any time?

the HUGE booklets were sold nearly exclusively to businesses, who used the inside covers to track who in each office used how many stamps - see attached. All PO's had endless sheets of normal 2d sheet stamps. Malvern was and is a large PO.

Inside cover of pre-war £1 Australia stamp booklet, showing accounting type columns widely used by small business offices to track stamp usage
Inside cover of pre-war £1 Australia stamp booklet, showing accounting type columns widely used by small business offices to track stamp usage

As Ray Chapman told me 'the story behind these has more holes in it than a block of Swiss Cheese.'

Generously ASSUMING that somehow an uncut master booklet sheet of 2d stamps was being ripped up to repair defective booklets there were clearly MANY other tête-bêche pairs from that same sheet used - WHERE did they go?
Last edited by Global Administrator on 12 Nov 2022 15:29, edited 1 time in total.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Allanswood »

I think the mucked up code is the front of the pair.

The actuals scans I grabbed are even bigger than the board can show for the 'paperwork' images.

But I think its the first time we've ever seen the backs of the stamps.

I'm drooling over the other Australian items up for auction, many of them very rare... so I'm looking for good scans!

And it seems, if you know where to look Corinphila does some nice scans now. Wish other auctions would follow suit.
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Lakatoi 4 »

A couple of things that I don’t think have been mentioned yet.

Stanley William George’s stat dec. is strange. Firstly, why write in pencil rather than an ink pen on this sort of document :?: Secondly, although he has signed it, the last typed word states “Before me” but it hasn’t the signature of a JP, solicitor, etc.

So basically this stat dec. is worthless. No wonder the likes of Chapman, Gray, etc. shunned it :!:
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

Good point Tony, had not noticed that. :lol: :lol:

JP's typically, then and now, had a rubber stamp with their name clearly printed on that and often some contact details, and at least showing their official JP number. To be used near the SIGNATURE for verification.

And yes a pencil filled Stat. Dec smells to high heaven.

Not worth the paper it is written on, not being witnessed - we could all write the same thing today. :!: :roll:

Ray Chapman railed on about it 30 or 40 years ago to me - he had done a great deal of research into the background and history on these and simply did not believe they'd ever been sold by a PO.

Ray was a VERY wealthy man and money was not the issue. He owned most ozzie mega rarities. Anything major he saw, and did not have, he bought. He was Chairman of the super Mega 'Ausipex 84' International etc.

Capture.JPG
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Kaygeevee »

These are the two ASM articles mentioned above
The Australian Stamp Monthly 1 June 1931 page 216
The Australian Stamp Monthly 1 June 1931 page 216
The Australian Stamp Monthly 1 July 1941
The Australian Stamp Monthly 1 July 1941
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Kaygeevee »

Well I've mucked the above post up SORRY.

Best regards David :x :x
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Re: Australia unique 2d KGV tête-bêche stamp pair to be auctioned.

Post by Global Administrator »

David .. it looks perfect to me - unless there was more than 2 scans to add?

Great info. :)

It makes the fairy tale and clearly fake Statutory Declaration offered with it, from a member of the Malvern PO Staff ever weirder, after reading your actual articles.

PO Staffers have ALWAYS had an obligation to be vigilant for obvious printing errors and were SUPPOSED to remove them from sale when detected and turn them in to HQ - not profit handsomely from them. WHY did 'postal officer' Stanley George not do just that? :roll: :roll:

Capture.JPG

Again I repeat, a 'non collector' PO staffer at a large suburban Melbourne Post Office did not need to venture 'into the city' in order to secure 120 x letter rate stamps as the initial 1931 report had in the version of facts! There were always 1000s of 2d sheet stamps on hand at large POs. So that part of the story is clearly arrant nonsense.

Suburban Malvern PO is SOUTH of the Yarra, (NOT the Melbourne GPO!) and the Stat Dec above tells us the postal officer who was selling these worked there.

Panes in the KGV £1 booklet of this era were of 20 stamps - 5 x 4.

If anyone saw this error in a booklet they'd simply have torn out and removed the relevant PANE, so as to take no possible chance of damaging the rare stamps, by tearing off all adjoining units - remembering there were THREE (possibly four) adjoining stamps here that had pieces of selvedge glued to the error pair of stamps. So separating out just the pair would be HARD.

That part is obvious. So another reason to be highly dubious of this claim. A tête-bêche stamp in a pane would be screamingly obvious to anyone at a glance. AND the finder would retain the full booklet as proof of how it was found - or at very least the intact pane, thus showing the ADJOINING stamps with the selvedge repair pieces on their edges. Vital corroborating EVIDENCE.

More puzzling - there is no mention of the alleged 'tender' for this pair, somewhere between 1931 and 1941. WHY is there no mention in the mass circulating stamp magazines of the time of this alleged 'tender' where someone supposedly bid 'X' GUINEAS, and hence outbid someone else bidding the same 'X' POUNDS?

If someone legally owned an apparent UNIQUE stamp piece they'd clearly have at least pre-advertised this alleged 'tender' in the stamp press to get the highest price from a GLOBAL market. Bog obvious. Clearly that never occurred. Smells very suss.

It was allegedly found in 1931 -- the height of The Great Depression.

What YEAR did it first appear listed in the ACSC? I'll ask member Tommy to chime in as he owns a full set of these ACSC books. Clearly, if no mention of it occurs before 1941, an even smellier story.

Now let's get back to my very favourite phrase re philately. 'Knowledge Is Power.' Research always wins. :lol:

The 1941 'ASM' article states this pair was bought in 1931 *in a £1 Booklet* as the buyer simply wanted 120 letter rate stamps. Back in this era there was near ZERO interest in stamp booklets from collectors of the time, and little data was known or was published. MANY KGV era Booklets clearly existed, that we have no examples of today, and no records.

For instance, the ACSC notes that PO records show a £1 stamp Booklet was created by Harrison in 1922/1923 with 15 x 4d Blue KGV, and 90 x 2d values. No copies have been seen, none are in archives, and Geoff Kellow does not even know if the 2d stamps inside were the red or orange issue! However, archive records show 6,600 were made, showing how little collector interest there was in booklets. It would be easily a $50,000 type piece if one ever surfaced.

The only £1 Booklet that had the Die 3, 2d Red Small Multi in them was ACSC B45.

The similar looking ACSC B44 had the 2d Red Die 2 inside. Re the Die 3 stamps, the ACSC notes state that 'this booklet contained 6 blocks of 20 (5 x 4) with selvedge taken from ordinary sheet stock, affixed sideways to covers by twin staples'

ACSC also clearly says tellingly, in note 2 - 'All stamps were derived from ordinary sheet stock. Stamps from the special booklet plates were not used' - See ACSC scan below.

KGV 1PD Booklet page scan Tete.jpg

So dear readers - how did BOOKLET PLATE 'TETE BECHE' stamps allegedly get into a £1 Booklet??? 'Knowledge Is Power.' The fairies might have assisted?

ACSC also states 'due to decreasing sales the stamp printer was advised in January 1931 to prepare no further stocks of £1 Booklets'

A lot of modern research from Geoff Kellow into archive records and using Arthur Gray's stellar collection as a further guide has allowed the current ACSC 'Booklets' Volume to be a leading world reference. Arthur owned more £1 Australia stamp Booklets than the rest of the world collectors combined (I still own most of them!) and much of the real background to these elusive pieces has only emerged in recent decades.

In 2022 we now know no booklet plate stamps were used to make these particular booklets up based on archival records. Whomever made up the fairy tale in the 1931-1941 period clearly did NOT have that data on hand!

As posted, Ray Chapman was most vocal, based on all his decades of detailed research, that these were never sold over a post office counter, in a £1 booklet, as the original seller claimed. Ray stated they were 'printers waste' or similar status in his view. If so, they should NEVER be listed in SG or any serious catalogue.

The only 'proof' these were sold is a pencil filled 'Statutory Declaration' from an alleged PO Employee, never signed, or dated by a Justice Of The Peace' as required by law for it to be valid.

Based on the above, I'd agree with Ray Chapman, AM, MBE, RDP, FRPSL.

The pair clearly appears thinned - NOT mentioned by auction seller Corinphila, and the 41 year old BPA cert clearly was written before some cretin attempted to peel off the 3 pieces of repair patches, and thinned the reverse in 2 places it seems in that dopey process.

Hopefully any buyer is smart enough to buy it 'on Extension' so that an accurate Certificate can be given re the current condition. And if found to be thinned, then seek a chunky price adjustment.

Thoughts?

Glen


As I reported in Linn's front page feature article in 2003 - when it was NOT Scott listed - oddly since that article it finally is!

https://www.glenstephens.com/linnsMay5-03.html

'In addition to being a noted collector, Chapman was editor of the leading "Stamp News" magazine, President of the "Ausipex 84" International and a leading light with the Royal Philatelic Society of Victoria etc .

Chapman told me he always doubted this pair was sold over a Post Office counter, and has expounded this theory in the Australian stamp press. He chose not to bid on this piece when offered at auctions in the 1960s, 1970s and 1980 when his large collection was primarily being formed.

Chapman seemed of the opinion the pair was possibly "printer's waste" of some kind with a murky history, and was not anxious to acquire it. '


And to add to this ongoing fairy tale sale of $A218,000 -

Tim Hirsch, Managing Director of Spink said of the sale: "the price of Australian stamps has climbed enormously over the last two to three years, and generally collectibles as an alternative investment remain incredibly solid, as demonstrated by this remarkable price”.

Spink claim the pair came to light by chance when a client brought it to the counter at Spink's premises in Bloomsbury, London, seeking advice on its value. He was reportedly amazed at the estimate which Spink's specialists gave him. Even more amazed one imagines when the client realised Spink under-estimated its eventual market value by some 400%.
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The 1931 2d Red KGV Téte -béche Pair and the Australian Commonwealth Specialist’s Catalogue

Post by Tommy218 »

The 1931 2d Red KGV Téte -béche Pair and the Australian Commonwealth Specialist’s Catalogue

Glen has asked me to provide information on the 1931 2d Red KGV Téte-béche pair; specifically when it first appeared in the ACSC, together with any relevant notes, comments, etc.. The catalogues are show as the year of issue with catalogue edition number in brackets, eg: 1935 (4).

In 1934 (4) it first appeared as G321 (no variety number) with the “price by negation” note.
In 1943 (7) it was listed as G321c, still with price by negation.
In 1953 (15) when it was priced as £300 with a note “Only one known”.
In 1955 (16) it was changed to F161c, with the price and note unchanged.
In 1958 (19) it was again changed to F41c, with the price and note unchanged.
In 1959 (20) it was again renumbered to F42b, still priced at £300, but the note changed to “Booklet Plate. Only one known.”
In 1966 (27) the price remained unchanged but (due to the introduction of decimal currency) was converted to $600.
In 1967, (28) the price was increased to $700.
In 1971 (32) the price was removed.
In 1974, (34) the price was reinstated, and the note changed to “Téte-béche pair, booklet plate”
In 1980 (41), it was renumbered to V97.
In 1983 (42), it was renumbered to V97b.
In 1988 (BWLL), it was renumbered to V97QQ Tete Beche pair (one known) and priced at $40,000.
In 1994 (BW1), it was renumbered to 102Acb and priced at $50,000 with a Note 4 (see below).
In 2001 (BW2), the price was increased to $75,000.
In 2007 (BW3), the price was increased to $250,000.
In 2018 (BW5), the price was decreased to $225,000.
As of 2022 (BW6) the price remains unchanged.
BW note 4.jpg
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