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Collectibles Still Going Strong

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Lobo
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Collectibles Still Going Strong

Post by Lobo on Sun Aug 07, 2016 9:11 pm


Well a sports playing rookie card of  Wayne Gretzky sold for a record $465,000. He is known as the “Great One”, who retired as an NHL player in 1999. This shows the collector’s market seems to be doing well.


Bill Gross, who now co-manages the Janus Global Unconstrained Bond Fund, sold a portion of his stamp collection for $4.5 million. Gross is estimated to have spent more than $100 million on his stamp collection. A stamp gallery is named for him in the Smithsonian National Postal Museum in Washington, D.C.. Gross sold a block of six of the rare Double Geneva stamp. The so-called Double Geneva (Scott 2L1) of 1843 was a two-part stamp: each half was worth 5 centimes, for in-town delivery, while the whole 10c stamp paid for delivery throughout the canton. The small group of Swiss stamps was sold at private treaty for $4.5 million by Robert A. Siegel Auction Galleries. Bob was actually an old friend of mine who died back in 1993.
https://www.armstrongeconomics.com/markets-by-sector/collectibles/collectibles-still-going-strong/

    Current date/time is Sun Feb 26, 2017 7:23 pm