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Some of the famous rare postage stamps sold through the Weill brothers include the famous cover bearing two 1-penny Post Office Mauritius stamps from the collection of Louise Boyd Dale. [1] The cover sold through a Harmer auction in 1968 for the sum of $380,000.00, the highest sum ever recorded for the sale of a philatelic item up until that time.
Scott was innovative in business methods, and conducted the first postage stamp auction ever held (May 28, 1870, in New York City). This was a success and he continued to organize and conduct auctions in the United States and in Europe. He also was the first, in 1882, to issue an auction catalog with full color plates of the stamps on sale.
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]
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Heritage Auctions is an American multi-national auction house based in Dallas, Texas. Founded in 1976, Heritage is an auctioneer of numismatic collections, comics , fine art, books, luxury accessories, real estate, and memorabilia from film, music, history, and sports.
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