Tuesday, February 12, 2008

Last Sunday evening 77 lots closed with a little over 70% selling for a gross sales amount of $5,482.37.

The remaining lots will be rerun March 6th with any additional unsold lots that occur between now and then. The biggest total for a single cover was $275 for a stampless letter from Hudson NY to Clermont NY rated 6 cents. I have no idea why this cover brought more than some of the others that I would have valued higher.

The next best price went for one of the Civil War patriotic covers showing Uncle Sam Spinning Rope to Hang the Traitors which got $270. In contrast, the unused civil war patriotics brought prices between $10-20 each grouped in lots of 3-5.
I am happy with the results, and confident most of the unsold items will eventually sell. I'll bet several will sell at more than the minimum set the first time around. Time will tell.
Currently, I have the balance of the domestic stampless covers, the Free Franks including the presidential and the Wisconsin Postal History live on eBay. That's a total of 230 lots. I have adjusted my listing policy for this auction having lots close 1 minute apart instead of them all closing at the same time. Several bidders suggested this, and I think it will result in higher bids. With any luck it will help stir up some last minute bidding ferocity.
Later this week, the Fancy cancel collection will be offered. They are all queued and ready to go. I may add additional material, or hold everything else for the 21st. At that point everything from the Haertel estate should be up. Each auction is 10 days so I will probably rerun all the unsolds on March 6th.
I will eventually prepare a prices realized report, but may require people to join my newsletter to access it. Why not just join now, and enjoy my reports from the tundra. That way you can get the prices realized when it's published.
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