Auction Realisations Still Strong
I can only comment on this at a personal level, but philatelic auctions appear to be going strong, despite the financial issues faced by the globe.
I recently consigned 43 items to Grosvenor Auctions in London. The auction was held yesterday, and only four lots were unsold, making a clearance rate of 90%. The total hammer price was a very pleasing 20% above estimate.
It would seem that good quality philatelic material is proving to be resilient.
