Philatelic auction

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A philatelic auction, or stamp auction is a sale of stamps, covers and other philatelic material usually run by stamp dealers or specialist collectibles auctioneers, such as, David Feldman, Christie's and Sotheby's, where prospective purchasers place bids in an attempt to obtain the desired items.

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The highest bidder for each lot (described item or items) makes the purchase. Auctions are generally divided into mail sales, where bids are accepted by mail, and public sales, where mail bids are combined with live bidding from individuals present at the auction or participating by telephone.

Auctions usually allow prospective purchasers to view the items beforehand, either in a catalogue, in the auction house, or both. [1]

See also

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Philately Study of stamps and postal history and other related items

Philately is the study of postage stamps and postal history. It also refers to the collection, appreciation and research activities on stamps and other philatelic products. Philately involves more than just stamp collecting or the study of postage; it is possible to be a philatelist without owning any stamps. For instance, the stamps being studied may be very rare or reside only in museums.

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Stamp collecting The collecting of postage stamps and related objects

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Postmark Marking indicating the date and time that a mailed item was delivered into the care of the postal service

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A first day of issue cover or first day cover (FDC) is a postage stamp on a cover, postal card or stamped envelope franked on the first day the issue is authorized for use within the country or territory of the stamp-issuing authority. Sometimes the issue is made from a temporary or permanent foreign or overseas office. Covers that are postmarked at sea or their next port of call will carry a Paquebot postmark. There will usually be a first day of issue postmark, frequently a pictorial cancellation, indicating the city and date where the item was first issued, and "first day of issue" is often used to refer to this postmark. Depending on the policy of the nation issuing the stamp, official first day postmarks may sometimes be applied to covers weeks or months after the date indicated.

Cancellation (mail) Postal marking to deface a stamp and prevent its re-use

A cancellation is a postal marking applied on a postage stamp or postal stationery to deface the stamp and to prevent its reuse. Cancellations come in a huge variety of designs, shapes, sizes, and colors. Modern cancellations commonly include the date and post office location where the stamps were mailed, in addition to lines or bars designed to cover the stamp itself. The term "postal marking" sometimes is used to refer specifically to the part that contains the date and posting location, but the term is often used interchangeably with "cancellation." The portion of a cancellation that is designed to deface the stamp and does not contain writing is also called the "obliteration" or killer. Some stamps are issued pre-cancelled with a printed or stamped cancellation and do not need to have a cancellation added. Cancellations can affect the value of stamps to collectors, positively or negatively. Cancellations of some countries have been extensively studied by philatelists, and many stamp collectors and postal history collectors collect cancellations in addition to the stamps themselves.

Inverted Jenny American postage stamp with design error

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Philipp von Ferrary

Philip Ferrari de La Renotière was a noted stamp collector, assembling probably the most complete worldwide collection that ever existed, or is likely to exist. Amongst his extremely rare stamps were the unique Treskilling Yellow of Sweden and the 1856 one-cent "Black on Magenta" of British Guiana.

Postal stationery Stationery item with imprinted stamp

A piece of postal stationery is a stationery item, such as a stamped envelope, letter sheet, postal card, lettercard, aerogram or wrapper, with an imprinted stamp or inscription indicating that a specific rate of postage or related service has been prepaid. It does not, however, include any postcard without a pre-printed stamp.

Philatelic investment

Philatelic investment is investment in collectible postage stamps for the purpose of realizing a profit. Philatelic investment was popular during the 1970s but then fell out of favour following a speculative bubble and prices of rare stamps took many years to recover.

Linn's Stamp News is an American weekly magazine for stamp collectors. It is published by Amos Media Co., which also publishes the Scott Standard Postage Stamp Catalogue, the Scott Specialized Catalogue of United States Stamps and Covers, and the Scott Classic Specialized Catalogue of Stamps and Covers 1840-1940. Linn's was founded in 1928 by George W. Linn as Linn's Weekly Stamp News.

This is a list of philatelic topics.

Cover (philately)

In philately, the term cover pertains to the outside of an envelope or package with an address, typically with postage stamps that have been cancelled and is a term generally used among stamp and postal history collectors. The term does not include the contents of the letter or package, although they may add interest to the item if still present. Cover collecting plays an important role in postal history as many covers bear stamps, postmarks and other markings along with names and addresses all of which help to place a cover at a given time and place in history.

Philatelic cover

A philatelic cover is an envelope prepared with a stamp(s) and address and sent through the mail delivery system for the purpose of creating a collectible item. Stamp collectors began to send mail to each other and to themselves early on, and philatelic mail is known from the late 19th century onward. While some collectors specialize in philatelic covers, especially first day covers and cacheted covers, others regard them as contrived objects that are not reflective of real-world usage, and often will pay a higher price for a cover that represents genuine commercial use. However, mail sent by stamp collectors is no less a genuine article of postage than is mail sent with no concern of seeing the mailed item again. Philatelic covers include mail from first airmail flight and first day of stamp issues ceremonies. Over the years there have been numerous Expositions where special postmarks are made and where a post office is set up where mail can be sent from on the given date of the Expo'. Like any other genuine item of mail these covers include postage stamps and postmarks of the time period and were processed and delivered by an official postal system. Often a philatelic cover will have more historical significance than randomly mailed covers as philatelic covers are also often mailed from the location on the date of an important or noteworthy event, like an inauguration or a space launch.

Canada 2c Large Queen on laid paper

The 2¢ Large Queen on laid paper is the rarest postage stamp of Canada. Printed in 1868, it was not discovered until 1925, and so far only three have been found, all used. Many more could exist as at least one sheet must have been printed, and possibly many sheets; however, they may all have been destroyed, or lie unrecognised in stamp collections or on cover.

Mauritius "Post Office" stamps

The Mauritius "Post Office" stamps were issued by the British Colony Mauritius in September 1847, in two denominations: an orange-red one penny (1d) and a deep blue two pence (2d). Their name comes from the wording on the stamps reading "Post Office", which was soon changed in the next issue to "Post Paid". They are among the rarest postage stamps in the world.

Hawaiian Missionaries (stamps) First postage stamps of the Kingdom of Hawaii

The Hawaiian Missionaries are the first postage stamps of the Kingdom of Hawaii, issued in 1851. They came to be known as the "Missionaries" because they were primarily found on the correspondence of missionaries working in the Hawaiian Islands. Only a handful of these stamps have survived to the present day, and so they are amongst the great rarities of philately.

Stamp dealer

A stamp dealer is a company or an individual who deals in stamps and philatelic products. It also includes individuals who sell postage stamps for day to day use or revenue stamps for use on court documents. Stamp dealers who sell to stamp collectors and philatelists are of many kinds and their businesses range from small home operations to large international companies.

David Feldman (philatelist)

David Feldman BA, BBS, RDP(I) is a professional philatelist, auctioneer and author. He held his first stamp auction in 1967. Feldman is Honorary Chairman of David Feldman SA, a Geneva-based auction company, through which he attained record prices for some of the world's most famous postage stamps. In 1993, Feldman auctioned the "Bordeaux Cover", which comprised the 1847 1d Orange-red and the 2d Deep Blue Mauritius "Post Office" stamps, which brought 6,175,000 Swiss francs including all commissions, at that time the highest price ever paid for any philatelic item. He also sold the unique 1855 Sweden Treskilling Yellow stamp at auction in 1996, which at the time was the highest price ever paid for a single stamp, eclipsed in 2014 by the sale of the British Guiana 1c magenta.

Imprinted stamp Stamp printed onto a piece of postal stationery

In philately, an imprinted stamp is a stamp printed onto a piece of postal stationery such as a stamped envelope, postal card, letter sheet, letter card, aerogram or wrapper. The printing may be flat upon the surface of the paper, or embossed with a raised relief. An imprinted stamp is also known as unadhesive stamp or indicium.

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