Public Auction 127 Gives Apex Their Best Ever Sale Results
Apex Philatelics held their highest grossing sale of British and world stamps on Sunday 17th November, with a record sale total for the firm of close to £500,000. Over 100 room bidders attended the sale at the popular Lingfield Park Racecourse venue, drawn by a particularly fine range of collections, boxes and single lots on offer.
A rare block of six Württemberg, 1873 70kr stamps was the highlight of the sale and the estimate of £20,000 – 25,000 was achieved with the lot selling for £21,420. One of only two blocks known to exist this item is extremely rare citing a provenance that includes a Heinz Thoma Certificate and an invoice from the 1979 Schneider auction. [Lot 1017]
The opening section comprised 168 all world and Commonwealth collections, general lots and boxes, with only nine lots failing to find a buyer. Of note, the fine used A to Z Commonwealth collection achieved £14,875 [Lot 26] and a dealer's stock of Commonwealth priced up for resale, realised £13,685 [lot 29]. There was considerable demand both in the room and on the book for the one country and GB collections, again with few remaining unsold.
As usual, there was a great deal of interest in the GB section and 1d blacks again sold well with many noteworthy results including £1,785 paid for an 1841 1d red on piece tied the very scarce 'Dereham Cat' cork cancellation [Lot 55], estimate £650-800. £2,260 was realised for a fine u/m £1 green SG 212 [Lot 679], estimate £2,000-2,500, £4,760 for a 1901 2d Jubilee 'Paste up' Ed V11 proof [Lot 684], estimate £4,000-4,800, £3,332 for a lovely u/m Seahorse £1 [Lot 734] , estimate £2,000-2,500 and £1,150 paid for a 1915 De La Rue 10/- Seahorse fine used in the scarce intense bright blue shade, [lot 748], estimate: £600-800.
Continued growth in demand for fine British Commonwealth pieces ensured one of Apex’s strongest sections of sets and singles sold particularly well. From Australia two mint £2 Kangaroos SG 45b [lots 815 and 822], sold for £1368 and £1487 respectively, against estimates of£1,200 – 1,500, £1,400-1,750. A lovely mint block of 4 of Canada 1897 Jubilee $3 achieved £1,487 against an estimate of £1,200-1,500 [Lot 867], and a 1933 Falklands Centenary mint set realised £2,500, estimate £2,000-2,500 [Lot 947]. A Kenya 1922 £3 mint sold for £1,011 [Lot 1081], estimate: £550-650, and 2 scarce Togo Occupation issues, a 1914 1m SG H10 [Lot 1192] and a 1915 3pf SG H29  both fine used on piece, sold for £1,190 each against estimates of £1,000-1,200 and £800-950. There were 2 very scarce used inverted watermarks in this section. The Gibraltar 1967 Ship 5d, believed to be one of only 2 known [Lot 1038], sold for £1,190, estimate: £800-1,000, and a 1938 St. Vincent, a marginal example with cds, [lot 1188] realised £1,900 against an estimate of £1,100-1,300.
Of the foreign stamps in the sale, a French Occupation of Togo SG 8 fine used on piece sold for £1,428, estimate: £1,250-1,500 [lot 959]. A particularly fine German Colonies section included the 1905 o/pt $2 1/2 from Kiaochow SG 33a mint and used on piece, each realising £1,190 [Lots 993 and 994].
Tim Francis, Director of Apex Philatelics said: “We were hopeful of a good result from this sale but the final outcome exceeded our expectations. Particularly gratifying was the strong demand across the board, whether for fine and scarce GB and Commonwealth, foreign, collections or 'glory' boxes, which bodes well for the future.”
Apex are accepting consignments for their next sale, Public Auction 130, which will take place in March next year. Entries close on Wednesday 18th December 2013.
For further information please refer to the Apex website apexstamps.com