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UN
postal archive sold
for world record
The much sought-after United Nations Postal Administration’s postal
archives sold for $3,068,000 at a David Feldman auction held in Geneva
on Monday, May 12, 2003. A Feldman spokesman explained: ‘This is the
world record high price for a large lot’, and the archive was bought
as a single lot (known as lot 9) by the Champion Stamp Company of the
USA.
In fact, lot 7 of the scheduled eight-lot sale – featuring 12 boxes of
cancellers, dies, and metal hubs dating from 1954 to 1999 – was
withdrawn prior to the auction and a spokesman told STAMP MAGAZINE:
‘It will be returned to the UN and they may destroy it’.
The idea to sell off its archive was first mooted by the UNPA in 2000
and, after a prolonged period of tendering (around 18 months), the
Geneva-based auction house David Feldman SA won the tender in 2002. It
was then a case of shipping 74 boxes – over a tonne of material in
weight – containing the archive from the UNPA headquarters in New York
to Feldman in Geneva for sorting.
To ensure that the UN archive could be properly, and relatively
quickly, lotted the UNPA archive was broken down into eight lots. Lot
1 was all existing artwork (excluding lot 2) from 1951-2000 for now
officially issued stamps from New York (3,991 items), Geneva (733
items), and Vienna (317 items). The differing numbers are due to the
fact that the UNPA’s New York office issued from 1951; Geneva only
issued from 1969 on; and Vienna from as late as 1979 onwards.
Original paintings
Lot 2 featured six original paintings for the 1986 Africa in Crisis
and UN Development Programme issues whilst lot 3 included die proofs,
progressive proofs and imperforates from New York (and die proofs from
Geneva and Vienna offices which exist in combination with the New York
office). Lot 4 was die proofs, progressive proofs and imperforates
from Geneva whilst lot 5 was die proofs, progressive proofs and
imperforates from Vienna. Lot 6 was UN postal stationery (all existing
die proofs, progressive proofs and imperforates) from 1953 to 1998 and
lot 8 was miscellaneous material. All the material (bar lot 7) then
sold for the record price as ‘lot 9’.
In a letter to David Feldman, dated February 4, 2003, UN Director
Andrew Toh stated: ‘I can confirm that having made a comprehensive
search and request for any materials to all printers and producers of
UNPA issues since 1951 that no other items exist’. In fact, this
auction was a little different, as David Feldman explained: ‘This
archive, unlike comparative auctions of printers’ archives, was
offered for sale under the instruction of the UNPA, the issuing
authority itself’.
Speculation has already began as to what exactly the Champion Stamp
Company will do with the archive, although an industry expert told us:
‘It has a fabulous profit potential – perhaps three to four times what
was paid for it, if it is broken up’. That remains to be seen but also
of interest is the fact that the US catalogue publisher Scott will,
for the first time, list the UN proofs in the Scott Specialized
Catalogue of United States Stamps and Covers, which will be published
in October 2003. |
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