Peter Rapp AG to Auction Lost Stamps Collection

From 1 to 4 June 2010, a stamp auction at the Peter Rapp AG auction house in Wil, St. Gallen, Switzerland, will certainly be causing a stir. In addition to the lost “Ticino” stamp collection that dates back more than 100 years and is one of the most valuable in history, stamps and coins are due to be auctioned for an estimated 13 million Swiss francs.

Investors and collectors from more than twenty-four countries will be bidding in the room, and several thousand by telephone or online. The auction is generating this amount of interest largely because stamps have once again been rediscovered as an investment option, given the economic problems currently being experienced. It is already the case that several billion francs are exchanged for stamps every year throughout the world. All the relevant price curves are rising sharply. Only a few stamps from the 19th century have survived into the 21st with a level of quality that is actually high enough for trading or investment. This makes them especially valuable, and record-breaking prices are anticipated.

The auctioning of the “Ticino” collection on 1st June will be an historic “once-in-a-century event” for philatelists because it was previously believed to be lost. It is one of the most valuable and legendary stamp collections from the period between 1843 and 1854. This is why it has already caused a sensation amongst experts, globally, ahead of the auction. One of the pièces de résistance is a fantastically beautiful cover bearing three “Neuenburg” stamps dating back to 1852. It is thought that this cover, alone, will realize more than a quarter of a million francs – it was last sold in New York in 1956. The collection also includes several spectacular Swiss postal history covers, that are each expected to achieve more than 150,000 francs at auction. Amongst them is a complete cover with a 4-cent “Waadt” stamp, which is very rare since there are only four such registered letters in existence that can boast this degree of preservation.

In addition to the “Ticino” collection, certain other collections and individual objects from all over the world will be going under the hammer. The Weinsee collection contains rarities from many countries, and a range of general collections will cover entire eras or regions of the world. The one owned by the movie actress, Beatrice Bachmann, is regarded as the largest and best astro-space collection ever; it has traveled round the universe, and even some highly renowned space agencies have expressed an interest in it.

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

Peter Rapp AG
Marianne Rapp
Telephone +41 71 923 77 44,
[email protected]
www.rapp-auktionen.ch

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