Paris sale of rare French stamp errors

17th November 2003, Comments 0 comments

PARIS, Nov 17 (AFP) - The renowned La Fayette collection of classic French stamp errors, estimated at around EUR 7 million, goes under the hammer on Monday in the most important stamp sale held in France in 70 years.

PARIS, Nov 17 (AFP) - The renowned La Fayette collection of classic French stamp errors, estimated at around EUR 7 million, goes under the hammer on Monday in the most important stamp sale held in France in 70 years.

Sold off by a private unnamed US collector, the biggest auction of French stamps and postal history since 1924 has been organised by British auction house Spink and French expert and dealer Pascal Behr.

The collection, containing 129 lots, has been valued at between EUR 5.75 million and EUR 8 million due to the rarity of some of its pieces.

These include tete-beche (head-to-tail or inverted impression) blocks such as a French 1-franc vermilion - where one of four heads is inverted - said to be the most famous philatelic item of France and estimated at between EUR 600,000 and EUR 800,000.

"The Lafayette collection is simply incomparable", said Behr. "It includes unique items once owned by the world's most prestigious collectors, such as Ferrari, Champion and Burrus."

The auction starting late Monday will be Spink's first foray on the French market, only recently opened to foreign auctioneers and where Sotheby's and Christie's are the other non-native players on the scene.

© AFP


Subject: French news




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