On Apr 24, 6:42 am, "rodney" <pookiet...@[EMAIL PROTECTED]
> wrote:
> Some several tonnes of Dunes were up for auction in the 1980's
> catalogued at $285,000 or near to it.
> I think they sold for $35,000
> (subject to correction this is just my memory, which may need an
upgrade)
Rodney:
This was the famous Koro "hoard" of Yemen stamps. It was the subject
of
a spectacular seizure by Scotland Yard and a trial that played out in
the
world press. In 1997 it was auctioned off.
Actually, it was 5.5 tons (~14 million stamps) of stamps (Yemen
Kingdom).
It was sold as ONE lot, much to the chagrin of collectors.
The auctioneers' estimated price was 25 thousand to 30 thousand
pounds
sterling (USD $41,500 - $50,000) and sold for USD $41,095. (or
about
3.4 stamps for one cent)
Blair
References:
(1) Didier, J. "Les Surprises D'Une Mission Postale =C0 Obock, Aden
Et Sana'a" in Timbroscopie, No 143, March 1997, pp 22 - 27
(2) Lake, K.: "Five and a half tons of stamps" in International Stamp
and Exhibition News, Summer 1997, pp 1, 2
(3) "Phillips to sell Yemen hoard" in The Philatelic Ex****ter, Vol.
53,
issue 3, July 1997, p. 2
(4) "Mutawakelite clarification" in The Philatelic Ex****ter, Volume
53,
issue 4, August 1997, p. 2
(5) "Stamps by the Ton" in Stamp Magazine, September 1997, p. 107
(6) Hornung O.: "In My View", includes background on the Yemen
hoard' in The Philatelic Ex****ter, Volume 53, issue 5, September
1997,
p. 22. The column discusses the history behind the hoard.
(7) Hornung, O.: "F=FCnf Tonnen Briefmarken aus dem Jemen" in Michel
Rundschau, September 1997, pp 748, 750
(8) "Five Tons of Stamps" in Gibbons Stamp Monthly, October 1997, p.
75
(9) Williams, N.: "Cinderella Corner: Yemen: the Story in Full" in
Stamp Magazine, October 1997, pp 81, 83 - 85. A good presentation
of the court proceedings.
(10) Haeseler, R.: "Yemenite Royalist Issues to Go on Block; Stamp
Hoard Was Seized by Scotland Yard" in Linn's Stamp News, 6 October
1997,
pp 1, 12
(11) "A penny per five stamps" in Linn's Stamp News, 3 November 1997,
p. 8.
The lot of 14 million stamp went for $41,095.
(12) The estimated value of the Royalist Yemen issues, which is
offered by
Phillips in their 16 October 1997 auction as a single lot, is 25000 to
30000
pounds sterling. From the September 1997 bulletin of The Oriental
Philatelic
Association of London, p. 6.
(13) Cox, B.: "Camels, Turks, Revolutions and Diplomacy" in Scott
Stamp
Monthly, February 1998, pp 36 - 37
Lake, K.: "Five and a half tons of stamps"
in International Stamp and Exhibition News, Summer 1997, pp 1, 2
"Stamps by the Ton" in Stamp Magazine, September 1997, p. 107
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