Realizations of the British Postal Museum & Archive philatelic auction at Sotheby's was summed at a disappointing total of £400,920 (including buyer’s premium), with the estimated price for all 191 lot was £5 million in total. Sadly during this auction only 29 lots were sold. These unexpected results have placed the plans for the new museum in jeopardy.
The highest price paid for an item in this acution was £192,000 for the 1918-19 Bradbury Wilkinson 2s 6d, 5s and 10s registration blocks.
The George V registration blocks was also sold, but other than that only small items were purchased by auction participants.
The Philatelic Traders Society had contacted the museum with many dealers objecting to the holding... Read More
