a collection of stamps very random in nature ... with maybe occasional other great stuff thrown in...Stamps can lead to pleasant hours of research and historical education....and all of this somehow leads me to write about it, and with that, to write about life itself. (click on pic brings stamp to life)
Wednesday, January 16, 2013
Foundry Man
So to make a very long but interesting story about stamps and auctions very short, the stamps above provided great fun this past year. The picture of Foundry Man came from a stamp auction catalog. The catalog is a beauty with rich colors and excellent stamp descriptions. This particular stamp sold for nearly ten times the predicted amount. "It was a seller's dream" said the venerable, senior, Chairman of the Board of the Auction Company, when I met him by accident at a local stamp show recently. At that same show, I bought the stamp above so I could have a real copy of the "dream" stamp. I paid .65 cents for it. Funny thing, the price was written in tiny font (proper use of word-or does that only apply to computers?), with pencil, and me without my glasses thought it said $65. The seller corrected me. I might have paid the $65 just to have the combination above. 1939 Russian stamp honors foundry workers of Russia. There might be more to the story...and if so, and I can find it, I will update later.
So how does a stamp (or any collectible) sell for ten times the predicted value of real experts? As my best friend John always said, "All you need is two people bidding." Two people in the same room each wanted that stamp for personal reasons that I will never know. I got to watch the action (the audio action) live online. How fun was that??
Yuuup....viva Foundry Man!
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