The J. E. Safra Collection of Classic Great Britain Rarities, Including 1840 One Penny Blacks, 14028

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STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

THE J. E. SAFRA COLLECTION OFCLASSIC GREAT BRITAIN RARITIES

15 MAY 2014

LONDON

£25

Including 1840 One Penny Blacks, 1840 Two Penny Blues

and the famous King George V 1d. Tête-Bêche Pair

Spink 14028 Cover:Layout 1 16/4/14 16:02 Page 1

BANKNOTES

15/16/17 April World Banknotes London 1400817/18 June The Numismatic Collector’s Series Sale New York 32015 July World Banknotes London 14009 21 August The Numismatic Collector’s Series Sale Hong Kong CSS1117/18 September The Numismatic Collector’s Series Sale New York 321 30 September World Banknotes London 14013 1/2 October World Banknotes London 14013 15 November The Numismatic Collector’s Series Sale Hong Kong CSS13

SALE CALENDAR 2014

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –

– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

14 April The Drs. Joanne and Edward Dauer Collection of Great Britain London 14020 29/30 April The Philatelic Collector’s Series Sale London 14021 1 May The Philatelic Collector’s Series Sale London 14021 10 May The Philatelic Collector’s Series Sale Hong Kong CSS0814 May Specialised Great Britain Stamps and Postal History London 14022 15 May The J. E. Safra Collection of Classic Great Britain Rarities,

Including 1840 One Penny Blacks, 1840 Two Penny Blues and the famousKing George V 1d. Tete Beche Pair London 14028

21 May The J. E. Safra 24c Inverted Jenny New York 14921-22 May The Philatelic Collector’s Series Sale New York 1487 June The Philatelic Collector’s Series Sale Hong Kong CSS107 June The Philatelic Collector’s Series Sale Lugano SW101318 June The “Garrison” Collection of New Guinea “G.R.I.” Surcharges London 1402319 June The “Lionheart” Collection of Great Britain and British Empire, Part III London 1402710 July The Philatelic Collector’s Series Sale London 1402410 September The Philatelic Collector’s Series Sale London 1402520 September The Philatelic Collector’s Series Sale Hong Kong CSS1220 September Stamps and Covers of South East Asia Singapore 14026

COINS

17/18 June The Numismatic Collector’s Series Sale New York 320 25/26 June Ancient, British & Foreign Coins and Commemorative Medals London 14005 21 August The Numismatic Collector’s Series Sale Hong Kong CSS1117/18 September The Numismatic Collector’s Series Sale New York 32122/23 September Ancient, British & Foreign Coins and Commemorative Medals London 14006 15 November The Numismatic Collector’s Series Sale Hong Kong CSS133/4 December Ancient, British & Foreign Coins and Commemorative Medals London 14007

MEDALS

24 April Orders, Decoration, Campaign Medals & Militaria London 1400124 July Orders, Decoration, Campaign Medals & Militaria London 14002 20 November Orders, Decoration, Campaign Medals & Militaria London 14003

BONDS AND SHARES

30 May Bonds and Share Certificates of the World London 14016 7 June Bonds and Share Certificates of the World Lugano SW101217/18 June The Numismatic Collector’s Series Sale New York 32021 August The Numismatic Collector’s Series Sale Hong Kong CSS1115 November The Numismatic Collector’s Series Sale Hong Kong CSS1328 November Bonds and Share Certificates of the World London 14017

AUTOGRAPHS

17/18 June The Numismatic Collector’s Series Sale New York 32017/18 September The Numismatic Collector’s Series Sale New York 321

WINES

18 April Château le Puy Charity Dinner & Wine Auction Tokyo SFW0619 April Silver Seal and Independent Bottlers Auction Hong Kong SFW0729 May An Evening of Exceptional Wines Hong Kong SFW0831 July An Evening of Exceptional Wines Hong Kong SFW09

GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith Ian Shapiro (Consultant)

USA - George Eveleth Richard DebneyEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna LeeCOINS

UK - Mike Veissid Richard Bishop William MacKay Eleanor Charlotte DixTim Robson Edouard Wyngaard Barbara Mears John Pett

USA - Stephen Goldsmith Greg ColeCHINA - Kin Choi Cheung

BANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew Pattison Monica KruberUSA - Stephen GoldsmithEUROPE - Peter Christen

CHINA - Paul Pei Po Chow Kelvin CheungORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver Pepys John HaywardBOOKS

UK - Philip Skingley Jennifer MulhollandAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee Guillaume Willk-Fabia

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeCharles Blane

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Edward Rivers Luca Borgo Rita Ariete Dora Szigeti John Winchcombe

Kenichiro Imase María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Dennis Muriu Billy Tumelty Dean Dowdall

IT & AdministrationBerdia Qamarauli Leszek Woronowicz Liz Cones Curlene Spencer

Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK)

Auction Administration and Marketing & DesignSonia Alves Luke Mitchell Madison Lang

Finance & AdministrationAleena Nieves

AuctioneerStephen Goldsmith

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAngie Ihlofung Amy Yung Newton Tsang Raymond Tat Gary Tan


THE J. E. SAFRA COLLECTION OF CLASSICGREAT BRITAIN RARITIES INCLUDING 1840 ONE PENNY BLACKS, 1840 TWO PENNY BLUES AND THE FAMOUS KING GEORGE V 1d. TÊTE-BÊCHE PAIR

Front Cover Illustrations: 1091, 1069, 1081 Back Cover Illustration: 1003

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SALE LOCATION

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FOR YOUR QUESTIONS ABOUT THE SALE LOTS

SALE DETAILS

Thursday 15 May 2014 at 2.00 p.m.

In sending commission bids or making enquiries,

this sale should be referred to as SAFRA - 14028

VIEWING OF LOTS

SPINK LONDON

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London WC1B 4ET

Monday 12 May 2014 10.00 a.m. - 5.00 p.m.

Tuesday 13 May 2014 10.00 a.m. - 5.00 p.m.

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15 May 2014 in London and on

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FOR YOUR INTERNET BIDDING

Spink 14028 pages:Layout 1 16/4/14 11:28 Page 1

ExtensionsPlease see important changes to our Terms and Conditions for Buyers in regard to Extensions published at the back of this catalogue.Prospective buyers who wish to obtain an expert opinion on any lot (other than a mixed lot or lot containing undescribed stamps)are requested to notify Spink in writing not less than forty-eight hours before the time fixed for the commencement of the firstsession of the sale. If accepted by Spink, such request shall have the same effect as notice of an intention to question thegenuineness or description of the lot for the purposes of Condition 3.4 of our Terms and Conditions for Buyers.Notice of a request for an expert opinion must give the reason why such is required and specify the identity of the expert whichwill be subject to the agreement of Spink. All lots for which Certificates of Authenticity are desired must be submitted by Spinkto the Expert Committee for choice.

Buyers are reminded that any lot(s) purchased “on extension” are subject to payment in accordance with our normalTerms & Conditions of Business. Settlement of any lots on extension should be made at the time of invoicepayment. Overdue accounts are subject to interest charges.

Extensions requested on account of condition will not be accepted for expert opinions. Any Lot described as having faults ordefects may not be returned should a certificate cite other faults or defects not included in the catalogue description.Should Spink accept a request for an extension under the foregoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the lot.It should be noted that any stamp accompanied by a Certificate of Authenticity is sold on the basis of that Certificate only and noton the basis of any other. No request for an extension will be accepted on such a stamp and the return of such a stamp will not beaccepted.

Notes Concerning DescriptionsGUM: Original gum should be expected on unused stamps where appropriate, unless stated otherwise in the description:mint unused with original gum showing slight disturbance caused by previous hinge, which may be present in part

or entirely removedpart original gum unused with original gum significantly disturbed or heavily hingedunmounted mint original gum as issuedunused without gum

COVERS: Should be expected to have minor nicks and tears usually from opening. Folded letters or covers normally have one ortwo file folds. These are not described unless of an exceptional nature and are not grounds for return.entire letter complete as sent with comments still attached to the outer address portionentire the outer portion of a folded letter but without contentscover an envelope

Symbols and Abbreviations

ReferencesCatalogue values and numbers are those taken from the latest available edition.The use of Gibbons Specialised catalogues in Great Britain sales is clearly indicated. Where other catalogues are used they arementioned by name.

unmounted mint unused used+ block of fourB block larger than four used on cover, entire letter, etc. on piecevar. variety, varietiescat. catalogue, catalogue valuec.d.s. circular datestamp

d.s. datestamph.s. handstampA air mailS specimenC cancelledE essayP proofF forgeryR reprint

Buyers are reminded that payment must be made within seven days from the date of sale (condition 5.4.1), and interest will be added for overdue accounts (condition 5.10.1.1).

Please note charges for credit card payments (condition 5.4.3(iii)).

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THE J. E. SAFRA COLLECTION OF CLASSIC GREAT BRITAIN RARITIES

THE J. E. SAFRA COLLECTION OF STAMPS OF GREAT BRITAIN

The J. E. Safra Collection of stamps of Great Britain is a small but powerful sale of just ninety-one lots. The collection contains many rarities which have not been seen on the openmarket for some twenty-five years. Notable highlights, among the many unique items, includevery fine Treasury Competition essay entries by James Chalmers, John Dickinson and CharlesWhiting; a One Penny Mulready, incredibly uprated with a One Penny Black, used on the firstofficial day of issue, the 6th of May 1840, being one of six recorded examples in “May Dates”; no fewer than two of what are considered among the finest known 1840 One Penny Black ‘FirstDay’ covers of which eighty-six examples are recorded in “May Dates”; a full set of the One PennyBlack imprimaturs offered as single lots; a fantastic matched marginal inscriptional pair of theworld’s first two postage stamps - the 1840 Penny Black and Two Penny Blue, and mint blocksof four of the same in remarkable exhibition quality; and a selection of early May date usages. The sale concludes with the finest of the three known King George V Watermark Simple Cypher1d. scarlet tête-bêche pairs. In all, this is a highly desirable sale for novice and advanced collectorsalike, and especially for the quality-conscious exhibitor.

PLEASE SEE IMPORTANT CHANGES TO OURTERMS AND CONDITIONS FOR BUYERS IN

REGARD TO EXTENSION REQUESTS, OTHERCHARGES, CLEARANCE OF PAYMENTS AND

COLLECTION OF LOTS AFTER THE AUCTION.


TREASURY COMPETITION ESSAYS

5

May 15, 2014 - LONDON

Note: All buyers must read the notes concerning requests for Extensions printed on page 2 of this catalogue.The Terms of that notice must be complied with fully under all circumstances.

Please note that bidders who acquire lots on the-saleroom.com will have a fee of 3% on the hammer price added to their invoice for using this facility. Spink is pleased to continue to offer our brand new on-line bidding platform

Spink Live for no charge through www.spink.com.

THURSDAY 15 MAY 2014

Commencing at 2.00 p.m.

x1001 E James Chalmers Treasury Registration 22799/39: 1839 1d. circular essay in red on whitepaper, affixed to front of envelope, annotated “22799/39”, the essay cancelled by straightline “USED” and with “DUNDEE/Oct. 7, 39” alongside, fine and exceptionally rare £18,000-20,000

PROVENANCE:“Durham”, November 1993

James Chalmers is an important figure in the history of the development of the postage stamp.He was a bookseller and publisher in Dundee and had spent many years campaigning forimprovements to the postal service. It is claimed that he first proposed the idea of an adhesivelabel as early as 1834. For a long time there was a heated debate as to whom should be giventhe accolade of the inventor of the postage stamp, Rowland Hill or James Chalmers. Todaythe development of postage stamps is considered a process of general refinement with no singleperson responsible. However, the idea of a datestamp to cancel the stamps could well haveoriginated from Chalmers ideas. He produced three designs each of 1d. and 2d. adhesivewafers which were affixed to wrappers and cancelled with the straight-line dated postmark.The first proposal was cancelled with a date of “SEPT.24, 39.”. The second, with the two-linepostmark dated “SEPT.30, 39.”. The final group cancelled as the lot above, “used” with theDundee datestamp, “Oct.7, 39.”

1001


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TREASURY COMPETITION ESSAYS

x1002 E George Dickinson Treasury Registration 20415/39: A hand drawn essay in pen and ink,showing “VR” in a Crown with the words “ONE” above and “PENNY” below with “POST”and “OFFICE” at right and left respectively, large margins and with hole at top centrewhich would have had a wax seal placed over it to affix the wafer to an envelope; a fineand most attractive essay of great rarity. £18,000-20,000


x1003 E Charles Whiting: A sheet affixed with five oval essays annotated “6th. May” and“Experiments for the Treasury”, comprising two examples of a flat printing used as anexample for the “POSTAGE ONE PENNY” legend, two examples of an embossed type withoutlettering (one being struck in blue, the other in black), another embossed type but withlettering, struck in blue, the sheet with annotations in the hand of William Wyon,mounted on board. A fine and highly important selection, unique in private hands £25,000-40,000

PROVENANCE:“Tes”, October 1995


1003

7



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1004

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1840 “RAINBOW” COLOUR TRIALS

x1004 P + 1840 “Rainbow” Colour trial 1d. state 2, block of four from the upper left corner of thesheet, printed in red-brown on fully gummed, white wove paper; some surface abrasionson two stamps, as a result of tests, fine and extremely rare. Specialised DP20a £4,000-5,000

These trials are extremely rare on gummed paper, possibly only one sheet was gummed

PROVENANCE:Phillips, Postage Stamps of Great Britain, April 1994


1005

9


1840 MULREADY

One Penny Envelope

x1005 A141, Used on First day of Issue additionally franked 1d. Black, Plate 1a, HG, touchedat top, large margins other sides, tied by red Maltese Cross, addressed to Montrose N.B.and with “T.P/Holloway Rd” handstamp alongside, clear London “C/MY-6/1840” d.s. onreverse flap at side, which opens perfectly for display; fine and highly attractive. A superb exhibition item of great rarity of which only six are recorded in “May Dates” £50,000-70,000

LITERATURE:“May Dates” by Mike Jackson

PROVENANCE:Phillips, Fine Rare and Unusual Stamps & Covers, November 1994

A FINE AND VERY RARE FIRST DAY OF ISSUE USAGE


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1006

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1840 MULREADY

Two Pence Letter Sheets

x1006 a92, addressed to Malta and additionally franked 1840 1d. Penny Plate 1a PB and PC(close to large margins) and 1840 Two Pence blue Plate 1 PC-PF horizontal strip offour (PE and PF touched or cut into at top, PE with wrinkle), to make to 1/- letter sheetrate to Malta, red Maltese Cross and black pen stroke cancellations, on reverse redCharing Cross Maltese Cross datestamp of 9 May 1840. Written inside is the followingnote: “I enclose a few of the new Post Stamps which are to be stuck on letters. They may be aNovelty in Malta”. An outstanding and very important exhibition item combining earlyoverseas use and franking dated only three days after the first official day of usage £80,000-100,000Note: This item is illustrated on page 62 of “Penny Postage Centenary” by Samuel Gravesonand was noted as a new discovery in Godden’s Gazette of March 1936. PROVENANCE:Phillips, Fine Stamps, November 1996

A REMARKABLE EARLY USAGE TO MALTA


1007

11


1840 ONE PENNY BLACK

Postal Notice

x1007 GA-HA vertical pair (GA constant variety), affixed to 1840 (April) Postal Notice “TO ALLPOSTMASTERS” advising of the imminent despatch of the new postage stamps andstationery envelopes, a light bend crosses HA and the notice folded at foot, fine andextremely rare with only a very few in private hands, a superb frontis piece and a must havefor any world class line-engraved exhibit. Specialised PN1, £150,000 £35,000-40,000

PROVENANCE:“Daisy”, October 1996


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1008

1009

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PLATE IA

Imprimaturs

x1008 P TB, Before hardening, large balanced margins, unused without gum as always. Superband very rare. B.P.A. Certificate (1993). Specialised £28,000 £8,000-10,000

Note: Only twenty-four examples were taken from the registration sheet

PROVENANCEHarmers, Important Stamps and Covers of the World, December 1993

x1009 P TJ, Before hardening, unused without gum as always; a superb example. Specialised£28,000 £8,000-10,000

Note: Only twenty-four examples were taken from the registration sheet



1011

1010

13


x1010 P TJ After hardening, large balanced margins, unused without gum as always; superb andrare. Specialised £28,000 £8,000-10,000

Note: Only twenty-five examples were taken from the registration sheet


x1011 P TK (T clearly double and without ray flaw), from the foot of the sheet with inscription“...reful not to remo...” and clear to large margins other sides, usual marginal fold and atrifle soiled. Apparently the only 1d. black imprimatur with a marginal inscription inprivate hands from this plate £8,000-10,000

PROVENANCE:Christies Robson Lowe, Important Stamps and Covers of the World, May 1992


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1012

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PLATE IA

USED ON THE FIRST DAY OF ISSUE

ONE OF THE FINEST KNOWN EXAMPLES

x1012 IL, good to very large even margins all round and showing a portion of the adjoiningstamp at foot, tied by a crisp red Maltese Cross to entire (no side flaps), dated May 61840, addressed to Lothbury with framed “T.P./Gt. Portland St.” alongside, clear redd.s. on reverse, a most attractive example of the rare first day of official usage of which thisis amongst the very few finest of the eighty-six recorded examples in “May Dates”.Specialised from £160,000 £35,000-50,000


PROVENANCE:Robert Cole, September 1986 H. Reck, November 1994


1013

15


x1013 ML, grey-black shade, good to large margins all round, tied by two strikes of the redMaltese Cross to entire letter from London to Hull with a good strike of “B/MY-6/1840”first official day of use datestamp on reverse; a minute surface scuff in the margin only atupper right (described as a crease on the accompanying B.P.A. Certificate 1996). An exceptional and highly attractive example of this great rarity which is amongst the veryfew finest of the eighty-six recorded examples in “May Dates”. Specialised from £160,000 £40,000-60,000


PROVENANCE:A. Clayton, March 1960 “Durham”, November 1994 L. Manzi, May 1997


PLATE IA

USED ON THE FIRST DAY OF ISSUE

AN EXCEPTIONAL EXAMPLE


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1014

1015

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PLATE IA

Mint

x1014 NH, intense black early impression, good to large margins all round, part original gum,fine and rare. R.P.S. Certificate (1994) £3,000-4,000

PROVENANCE:N. Howard, November 1994

x1015 TA-TB horizontal pair in a grey-black shade, from the foot of the sheet with inscription“PRICE 1d. Per Label. 1/- Per Row” and large margins other sides, unused without gum,small natural inclusion at right, fine. A marvellous and highly attractive pair £8,000-10,000

PROVENANCE:Phillips, Specialised Great Britain, December 1993


——————————————— 1016 ———————————————

1017

17


Used

x1016 AI grey-black shade, BD and FL, all with large margins and red Maltese Crosscancellations; fine £500-600


x1017 AI, large margins all round, tied by a crisp, light red Maltese Cross cancellation, on entireletter, dated 11 May 1840, with Hastings double-ring c.d.s. across flap on reverse; a fewminor cover faults, fine £500-600



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1018

1019

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x1018 AJ-AK horizontal pair, good to very large margins all round, tied by two upright redMaltese Cross cancellations to entire letter, used within London, dated 7 May 1840 withboxed d.s. and “T.P./Chief Office” on reverse; vertical filing fold well clear of theadhesives, fine. A very rare second day of official usage entire. Specialised £20,000 £6,000-8,000


x1019 FH, a delicate worn impression with large to very large margins all round and showing asmall portion of the adjoining stamp at right, tied by a crisp red Maltese Crosscancellation, on entire letter, dated 31 May 1840 (fourth Sunday), locally addressed andwith Gateshead c.d.s. on reverse; a few minor cover faults. Rare. Specialised £13,000 £4,000-5,000



1021

1020

19


x1020 IJ, good to very large margins all round, tied by red Maltese Cross cancellation in achocolate-brown shade, to envelope, dated 7 May 1840, addressed to Adelphi, boxeddatestamp on reverse, opening well for display and with step type “T.P./Kentish Town”handstamp alongside; a few minor cover faults though a most attractive second day ofofficial use cover. Specialised £20,000 £4,000-5,000


x1021 JE, large margins all round, tied by a light red Maltese Cross cancellation, on entire, dated10 May 1840, addressed to London, red double-ring Liverpool d.s. on reverse; the entirewith spike hole well clear of the adhesive and other minor covers faults. A most attractiveand rare first Official Sunday usage. Specialised £65,000 £10,000-12,000



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1022

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x1022 KH, a wonderfully clear early impression with large and balanced margins on all sides, tiedby red Maltese Cross cancellation, to entire, dated 12 May 1840, addressed to Preston,London datestamp on reverse, fine and rare £1,000-1,200


USED ON THE 12 MAY


1024

1023

21


x1023 OH, good to very large margins all round and showing a portion of the adjoining stampat right, tied by red Maltese Cross cancellation on entire, dated 24 May 1840, addressedto Preston, red Liverpool d.s. on reverse; fine and a rare third Sunday usage. Specialised£14,000 £2,500-3,000


x1024 QI, close though clear at lower left, otherwise good to large margins all round, tied to small piece by Inspector’s “Crutched Cross” and by “SHIP LETTER/(crown)/JU-4/1840/LONDON” both struck in red; quite exceptional. R.P.S. Certificate (1987) £3,000-4,000

Note: It is considered that this was part of an inland bound letter, probably addressed to KingWilliam Street in the City of London

PROVENANCE: N. Howard, November 1994


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1025

1026

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x1025 QI, good to large margins all round, tied by crisp and upright red Maltese Crosscancellation, on entire letter, dated 18 May 1840, addressed to London with clear d.s. onreverse; small cover faults though a most attractive May date cover. Specialised £2,800 £600-800


x1026 TK, large balanced margins all round, tied to piece dated 27 May 1840, by a fine rubyred Maltese Cross cancellation. Most attractive and rare. £400-500



1028

1027

23


PLATE IB

Used

x1027 AL (constant variety scratch through L square), late printing, from the top of the sheetwith inscription “...ve the Cement.” and good to large margins other sides, light redMaltese Cross cancellation in a pink shade, fine. R.P.S. Certificate (1991) £800-1,000


x1028 DJ, good to very large margins all round, tied by an offset Bolton datestamp in red toentire addressed to Chorley, dated 3 June 1840; the entire with some faults and filingcreases, some of which cross the stamp. Rare and attractive. R.P.S. Certificate (1985)which does not mention the faults £1,000-1,200



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—————————— 1029 ——————————

——————————————— 1030 ———————————————

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x1029 FJ-FK, horizontal pair with good to very large margins all round, pale magenta MalteseCross cancellations; very fine. Also Plate 6, MH, large margins, similarly cancelled. Fine £500-600


x1030 QG (recut sidelines), good to very large margins all round, crisp upright and practicallycomplete red Maltese Cross cancellation in an orange vermilion shade, also Plate 2 QI,good to very large margins all round, on entire, dated 29 June 1840, from Gloucester toTruro and Plate 5, JE, good to large margins all round (corner crease at upper left), onentire, dated 7 Oct. 1840 from Cheltenham to Shipston on Stour, each with similarlycoloured Maltese Cross cancellations; fine £800-1,200



1031 1032

1033

25


PLATE II

Imprimaturs

x1031 P SG, from the first registration sheet, good margins all round, unused without gum asalways, fine and rare. Twenty-three stamps removed from the registration sheet. R.P.S.Certificate (1994). Specialised £32,000 £5,000-7,000


x1032 P TJ, taken from the second registration sheet, good to large margins all round, unusedwithout gum as always, fine and rare. Twenty-three stamps removed from the registrationsheet. Specialised £32,000 £8,000-10,000


x1033 P TJ, taken from the first registration sheet, large margins all round and showing a trace ofthe adjoining stamp at top, unused without gum as always, very fine. Twenty-three stampsremoved from the registration sheet. Specialised £32,000 £15,000-20,000



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1034

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Mint

x1034 IK-IL horizontal pair from the right of the sheet with inscription “....the labels ABOVEth....” and record margins other sides, showing trace of adjoining stamp lower right,almost full original gum, some slight natural creasing and small marginal stain. A very rareand highly desirable multiple. R.P.S. Certificate (1985). Specialised £55,000 £15,000-18,000

PROVENANCE:Christies Robson Lowe, Important Stamps and Covers of the World, May 1992

A FINE AND DESIRABLE MULTIPLE


1035

27


x1035 TC-TF, State 2, horizontal strip of four from the foot of the sheet with inscription “.... of 12. £1..... Per Sheet. Place the Labels ABOVE the Addrefs and to....”, slightly cut intoat right but good to very large margins other sides, showing strong burr rubs anddoubling of the inscription, unused with much original gum, TC with small nick at upperleft, some creases, fine and a remarkable multiple of considerable rarity £15,000-18,000


A FINE AND REMARKABLE MULTIPLE


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1036

1037

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PLATE II

USED

x1036 CC, good to large margins allround, tied by black Maltese Crosscancellation to entire, dated 10 Sept.1840, addressed to Carlisle, onreverse boxed Longtown d.s.; lighthorizontal filing fold at foot, fineand unusual experimental use of theMaltese Cross in black, examples onmail outside London are rare £400-500


x1037 ED, good to very large margins allround and showing portions ofadjoining stamps at left and right, tiedby a purple-brown Maltese Crosscancellation of Newton Stewart toentire letter, dated 24 Oct. 1840,addressed to Edinburgh, with matchingboxed Newtonstewart d.s. in the samecolour as the Maltese Cross on reverse;vertical filing fold, well clear of theadhesive and other minor cover faults,otherwise fine and rare £1,200-1,500



1038

1039

1040

29


x1038 JE, slightly close at upper left but large to very large margins all round, tied by a blackMaltese Cross cancellation, which leaves to Queen’s profile clear, on entire, dated 2 Sept.1840, addressed to Euston Place, “T.P./Ebury St.” alongside; a fine and scarceexperimental use of the Maltese Cross in black £400-500PROVENANCE:“Durham”, November 1994

x1039 MH, good to large margins all round, cancelled by a fine and practically complete strikeof the distinctive Stonehaven double-lined Maltese Cross in red; fine and very rare.Specialised A1uf, £4,500 £500-600PROVENANCE:Harmers of London, Important Stamps and Covers of the World, January 1994

x1040 NB, good to very large margins all round, tied by a red Maltese Cross cancellation in anorange-brown shade, to entire letter, dated 3 Nov. 1840, addressed to Leslie, on reverse“KIRCALDY/3 NOV/1840” d.s.; vertical filing fold well clear of the adhesive, fine. Also Plate6, NA, good to very large margins with a similarly coloured Maltese Cross cancellation £100-120PROVENANCE:“Durham”, November 1994


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1041

WWW.SPINK.COM


x1041 NG, good to very large margins all round and showing a portion of the adjoining stampat foot, tied by a crisp and upright red Maltese Cross cancellation on entire letter, dated17 May 1840, addressed to Henley in Arden, on reverse Worcester d.s.; the entire withlight and unobtrusive horizontal filing fold well clear of the adhesive, which has a smallscissor-cut, clear of the design at lower right. A fine example of this rare second officialSunday usage. B.P.A. Certificate (1986). Specialised £15,000 £2,000-2,500


USED ON THE 17 MAY


1042

1043

31


x1042 QJ, large margins all round and showing a trace of the adjoining stamp at right, tied by a“dirty brownish-yellow” Maltese Cross cancellation, to entire letter, dated 5 Dec. 1840,addressed to Dundee, on reverse boxed “ANSTRUTHER” d.s. in the same colour as theMaltese Cross; fine. B.P.A. Certificate (1965) £800-1,000PROVENANCE:“Durham”, November 1994

x1043 RA, good to enormous margins all round, tied by red Maltese Cross cancellation, onenvelope, dated 21 May 1840, addressed to Soho Square; a few minor faults, otherwisefine £300-400PROVENANCE:“Durham”, November 1994


Page 32

1044

1045

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x1044 RJ, good to large margins all round, tied by red Maltese Cross cancellation, on entire,dated 14 May 1840, addressed to Leigh, Sevenoaks double-ring d.s. on the front, a fewminor cover faults, otherwise fine £500-600


x1045 SK, good to large margins all roundand showing a portion of theadjoining stamp at left, tied by twostrikes of the red Maltese Cross onentire (no side flaps), dated 26 May1840, addressed to London, double-ring Manchester d.s. on reverse(opening well for display); verticalfiling fold well clear of the adhesive,fine £400-500



1046

1047

33


PLATE III

Imprimatur

x1046 P TJ, good to large margins all round, unused without gum as always, fine and fresh. Only twenty-three stamps removed from the registration sheet. Specialised £42,000 £8,000-10,000PROVENANCE:“Durham”, November 1993

Used

x1047 TE-TH horizontal pair (TE constant variety), large margins all round, tied by redMaltese Cross cancellations, to entire, dated 31 Dec. 1840, addressed to Manchester, onreverse red double-ring d.s.; central filing crease clear of the adhesives, fine £500-600PROVENANCE:N. Howard, November 1994


Page 34

1048

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PLATE IV

Mint

x1048 IA, from the left of the sheet with marginal inscription “....d side of the Letter....” and largemargins other sides, unmounted mint, fresh and fine. A wonderful example of great rarity.B.P.A. Certificate (1987) stating “large part original gum” £8,000-10,000

PROVENANCE:Harmers of London, Important Stamps and Covers of the World, January 1994

A REMARKABLE INSCRIPTION EXAMPLE


1049

1050

35


Used

x1049 AH, good to large margins all round, tied to piece by practically complete and superbstrike of the “CAMELFORD” undated circle in red with additional manuscript red cross inin the centre; fine and extremely rare. R.P.S. Certificate (1965) £1,000-1,200

PROVENANCE:“Wills”, November 1989

x1050 AI, close to large margins all round,tied by red Maltese Crosscancellation to piece with double-ring “OS” in black and red“C/PAID/5 AU 5/1840” tombstonealongside, the piece addressed toLondon and redirected; fine £250-300

Note: It is probable that the extra 1d.charge to redirect the originalenvelope had not been paid and thatthe tombstone datestamp indicatedthat 2d. postage due had beencollected



Page 36

1051

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x1051 LL, part of sheet margin and inscription “side of the letter” at right, large margins othersides, tied by magenta Maltese Cross cancellation on entire, dated 6 Sept. 1840,addressed to Glasgow, on reverse boxed “26” receiving House handstamp in the samecolour as the Maltese Cross and dated markings; fine. R.P.S. Certificate (1974).Specialised £15,000 £3,000-3,500


A MAGENTA MALTESE CROSS


1052

1053

37


x1052 OJ, good to very large margins all round, tied by Atherstone Maltese Cross in deep pink,to entire letter, dated 9 Dec. 1840, addressed to Midhurst, double-ring Atherstone d.s.of the front and with black “Appleby Leicester/Penny Post” alongside; light andunobtrusive vertical filing fold clear of the adhesive and markings, fine and attractive £1,200-1,500


x1053 RC-RE horizontal strip of three, large to very large margins all round, with red MalteseCross cancellations, a fine and an attractive strip £800-1,000



Page 38

1054

1055

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PLATE V

Imprimaturs

x1054 P TB from the first registration sheet, good to very large margins all round, unused withoutgum as always; very fine and rare. Only twenty-three stamps removed from the firstregistration sheet. Specialised £32,000 £8,000-10,000


x1055 P TB from the second registration sheet, close to large margins all round, unused withoutgum as always, fine and rare. Only twenty-five stamps removed from the registration sheet £8,000-10,000



1056

1057

39


Mint

x1056 DH-DL, horizontal strip of five with sheet margin at right and good to large marginsother sides, part toned original gum, some faults, including stains and creases. Wonderfulappearance and an impressive multiple. B.P.A. Certificate (1994) £8,000-10,000


x1057 LI, good to large margins all round, fresh mint, fresh and sharp impression; very fine andrare in this condition. B.P.A. Certificate (1993). Specialised £18,000 £4,000-5,000



Page 40

1058

1059

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Used

x1058 AE, good to very large margins all round, tied to large piece, headed 17th. June 1840, byred Maltese Cross cancellation with black “Fenchurch St.” handstamp alongside and redd.s. (18.6) on reverse; a trifle soiled and with creases clear of the adhesive. The earliestrecorded use of Plate 5 £600-800


x1059 AJ, good to large margins all round and very fine, tied by red Maltese Cross cancellation,to entire letter, dated 15 Oct. 1840, addressed to Bagshot, on reverse double-ringHertfordshire d.s. (across flap), horizontal filing fold clear of the adhesive; fine £500-600



1060

1061

41


x1060 BG (constant variety), good to very large margins all round, tied by crisp red MalteseCross cancellation, on entire, dated 17 June 1840, addressed to Edinburgh; horizontalfiling fold clear of the adhesive, fine and the earliest recorded use of Plate 5. Also a finesingle printed in red £500-600


x1061 DB-DC horizontal pair (State 1), an unlisted slightly worn impression, good to verylarge margins all round, tied by red Maltese Cross cancellations and with black“Knightsbridge” additionally tying the stamps, to entire, addressed to Liverpool, datedmarking of 9 Nov. 1840 on reverse; fine £400-500



Page 42

1062

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PLATE VI

Mint

x1062 HB, close to large margins, large part original gum, wonderfully sharp impression, freshand very fine. B.P.A. Certificate (1991) £4,000-5,000



—————————— 1063 ——————————

43


x1063 LL and 1840 2d. blue, Plate 2, LL, each from the right of the sheet with inscription “...DSIDE of the Letter....” and with good to very large margins other sides, original gum (the2d. with slightly brownish gum), fine and fresh colours and appearance. A very rare andhighly desirable matched pair. Each with R.P.S. Certificate (1985) £25,000-30,000

PROVENANCE:Harmers of London, December 1993

A WONDERFUL MATCHED PAIR OF THE WORLD’S FIRST TWO POSTAGE STAMPS


Page 44

1064

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x1064 QG-QH, horizontal pair, close to very large margins all round, lightly hinged, someminor gum creases, sharp impressions, fresh and fine. B.P.A. Certificate (1990).Specialised £56,000 £10,000-15,000

PROVENANCE:Harmers of London, Important Stamps and Covers of the World, December 1993

A WONDERFULLY FRESH AND FINE PAIR


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45


Used

x1065 FG, good to large margins all round, with red Maltese Cross cancellation, on entire letter,dated 25 Dec. 1840, addressed to Edinburgh, on receipt the entire letter “turned” andsent bearing Plate 6, SL, large margins, red Maltese Cross cancellation, addressed to DukeStreet, dated 29 Dec. 1840; a fine and quite remarkable Christmas Day usage. R.P.S.Certificate (1981) £2,000-3,000


A RARE CHRISTMAS DAY “TURNED” COVER


Page 46

1066

1067 1068

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x1066 NE, good to large margins all round, tied by deep bright red Halesworth Maltese Crosscancellation, on entire, dated 11 Aug. 1840, addressed to Saxmundham, red double-ringHalesworth d.s. on the front, horizontal filing fold clear of the adhesive; fine and mostattractive £600-800


x1067 TD-TE, horizontal pair, red Maltese Cross cancellations, close to large margins, fine andattractive £200-300


x1068 TL, part sheet margin at right and good to very large nicely balanced margins other sides,crisp black Maltese Cross cancellation, a very fine and most attractive marginal example £300-400



1069

47


PLATE VII

Mint

x1069 + MH-NI, block of four, good to large margins all round, full original gum with the lowerpair remaining unmounted mint, sharp impression, fresh and exceptional colour; a superband rare block of exhibition quality. Specialised £140,000. B.P.A. Certificate (1952) £50,000-60,000

PROVENANCE:Phillips, Postage Stamps of Great Britain, February 1994

A SUPERB AND VERY RARE BLOCK OF EXHIBITION QUALITY


Page 48

1070

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Used

x1070 AJ, good to very large margins all round, tied by Preston magenta Maltese Crosscancellation, to entire, dated 31 Dec. 1840, addressed to Bradford, filing fold well clearof the adhesive; a trifle soiled, fine. R.P.S. Certificate (1985). Specialised £15,000 £1,000-1,500


THE PRESTON MAGENTA MALTESE CROSS


1071

1072

49


x1071 FA-FF (FA double letter F) horizontal strip of six, good to large margins all round,black Maltese Cross cancellations, FA just affected by scissor-cut between FA-FB, FF hasa small crease and tear at lower right just touching the frame-line, otherwise fine. A rareand impressive strip £2,000-2,500


x1072 MK, large margins all round, tied by a red Maltese Cross in an orange-brown shade, toentire letter, dated 3 Dec. 1840 (although the letter is datelined 3 Dec.), addressed toEdinburgh, on reverse red boxed “LINLITHGOW” datestamp; vertical filing fold well clearof the adhesive. Also Plate 2, CG, large margins all round with a similarly colouredMaltese Cross cancellation; fine £400-500



Page 50

1073

1074

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PLATE VIII

Imprimatur

x1073 P TB, good to large margins all round, unused without gum as always, fine and rare.Twenty-three stamps removed from the registration sheet. Specialised £42,000 £8,000-10,000


Used

x1074 SK, good to large margins all round, tied by red Maltese Cross to entire letter, dated 14 Feb. 1840, from Sheffield to Johnstone near Paisley, showing two red “MISSENTTO/GREENOCK” handstamps, backstamps of Sheffield, Greenock and Paisley; the entirewith filing crease clear of the stamp and handstamps, slightly soiled £200-250



1075

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51


PLATE IX

Mint

x1075 QA, good to large margins all round and showing a trace of the adjoining stamp at lowerright, large part original gum, a few minute portions of gum missing; sharp impression,fine and attractive. R.P.S. Certificate (1946) £5,000-8,000


SET OF PLATES IA TO XI

x1076 Plates Ia HA, Plate Ib SA, Plate II NK, Plate III TA, Plate IV TE, Plate V (2nd. state)OA, Plate VI NB, Plate VII CA, Plate VIII TK, Plate IX DI, Plate X TL and Plate XI GA,all with good to very large margins, crisp black Maltese Cross cancellations, fine to veryfine. A most attractive set of Plates £2,000-2,500



Page 52

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x1077 A superb, mostly used collection of 102 from Plate 1a to 11 and a further seven 1d. redsprinted from “Black” Plates, generally fine to superb and including Plate 1a IH tied oncover by red Maltese Cross and “TP” marking, PK on cover dated 7 May 1840 (secondofficial day of use), Plate 1b GK-GL horizontal pair (GK re-entry), IB matched in red,QL (re-entry) watermark inverted, Plate 2 KE (double letter E) used with LF on entire,Plate 3 LB-LC horizontal pair, Plate 4 EA with part of sheet margin at left, EE on cover,HA with part of marginal inscription on entire, Plate 5 CA part original gum (R.P.S.Certificate, 1979), MI, ND and QC each matched in red, Plate 6 HA-HB and KH-KIhorizontal pairs, PG on cover, Plate 7 FE and NH on covers, Plate 8 IF on cover withblack Maltese Cross cancellation and “Poulton/Penny Post” cancelling the stamp, QA-QD horizontal strip of four, TA (re-entry) on cover, Plate 9 JG on cover, Plate 10BJ on piece with red Maltese Cross cancellation, QH-QI horizontal pair, Plate 11 CBon cover, GF (B.P.A. Certificate, 1981), TB matched in red, etc., chiefly very fine. A wonderful basis for further study and expansion £12,000-15,000

PROVENANCE:Sothebys, Postage Stamps of the World, December 1993

COLLECTION

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1078

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1840 “V.R.” OFFICIAL ONE PENNY BLACK

Postal Notice

x1078 TC-TD horizontal pair, large margins, affixed to top portion of the Post Office Noticedated 7 May 1840, very fresh and fine. B.P.A. Certificate (1996). S.G. V1 £15,000-20,000

PROVENANCE:“Daisy”, October 1996

A VERY RARE “V.R.” MULTIPLE


1079

1080

61


Imprimatur

x1079 P TD, good to very large margins all round, unused without gum as always, sharpimpression, very fine and rare. Thirty-three examples removed from the registration sheet.Specialised £35,000 £12,000-15,000


Mint

x1080 GI, good to large margins, original gum, small handstamp on reverse, very fine and fresh.Rare. S.G. V1, £32,000 £8,000-10,000



Page 62

1081

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1840 TWO PENCE BLUE

PLATE 1

x1081 + MG-NH block of four, good to large margins all round, large part original gum, MGwith a faintly discernable trace of a stain on the neck which barely detracts from thisotherwise wonderfully fresh and highly attractive block in a lovely rich colour. A great lineengraved rarity. R.P.S. Certificate (1988) £60,000-80,000

PROVENANCE:Phillips, Postage Stamps of Great Britain, February 1994

A FRESH AND HIGHLY ATTRACTIVE MINT BLOCK OF FOUR


1082

1083

63


PLATE 1

Used

x1082 CA-CC horizontal strip of three, good to very large margins all round and showing aportion of the adjoining stamp at lower left, crisp red Maltese Cross cancellations; brightcolour, fine and fresh £1,000-1,500

PROVENANCE:“Wills”, November 1989

x1083 B FC-HD block of six (2x3), good to large marginsall round, neat red Maltese Cross cancellations,FC-FD affected by light horizontal crease, HBwith scissor-cut at lower right, otherwise fine. A rare and highly desirable block £4,000-5,000

PROVENANCE:Christies Robson Lowe, Important Stamps andCovers of the World, May 1992


Page 64

1084

1085

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x1084 HH, good to large margins all round, small scissor-cut in margin at right, just touchingthe design, tied by red maltese Cross cancellation, in an orange-vermilion shade, to entiredated 5 Sept. 1840, addressed to Edinburgh, on reverse boxed Dalkeith d.s. in the samecolour as the Maltese Cross; filing folds clear of the adhesive, fine £450-500


x1085 IA, part of sheet margin and inscription “...D SIDE of the Letter....” at left, good to largemargins other sides, neatly cancelled by red Maltese Cross cancellation; fine and mostattractive £500-800



1086

1087

65


x1086 TG-TI horizontal strip of three (TH constant variety), good to very large margins allround, crisp red Maltese Cross cancellations, TI with a small (natural?) thin, neverthelessa fine and most attractive strip £1,000-1,500


PLATE 2

Used

x1087 TE, large to very large margins, tied to piece by complete red Maltese Cross. Outstanding £800-1,000



Page 66

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COLLECTION

x1088 A used collection of fifty-one stamps, generally fine to very fine, comprising Plate 1 AC,AD, AJ (shifted transfer), AK (shifted transfer) (2), BE, BF-BI horizontal strip of four,GH, HB, HH-HI horizontal pair, NA-NE horizontal strip of five (NB constantvariety, NC re-entry) with “754” 1844 type cancellations of Leeds, OJ-OK horizontalpair, OL, PC, PL, QI-QJ horizontal pair, RA-RF horizontal strip of six with LeedsMaltese Cross cancellations, RC-RD horizontal pair with “320” 1844 type cancellations,Plate 2 DA-DD horizontal strip of four used with Plate 1 MA on piece, EK-FL blockof four on piece with black Maltese Cross cancellation and red “Milton/Penny Post”alongside, LA (double letter L), PG-PH horizontal pair. A superb study includingmany exceptional pieces £10,000-15,000

PROVENANCE:Sotheby’s, Postage Stamps of the World, December 1993


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1089

1090

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1841-54 ONE PENNY RED-BROWN

“BLACK” PLATE 10

x1089 + AE-BF block of four (BE-BF without“O” flaw), from the top of the sheet withinscription “Labels ABOVE the Addrefsand tow....” and good to large marginsother sides, unused with traces of somegum. Fine and an exceptional block.Specialised £16,500+ £2,000-2,500

PROVENANCE:Sotheby’s, Postage Stamps of the World,December 1993

x1090 + MI-NK block of four from one of the twoungummed sheets, close to large margins allround, fresh colour, the upper pair withhorizontal crease and minute age spot; fine andrare. Specialised DP22, £30,000+ £2,000-3,000

PROVENANCE:Sotheby’s, Postage Stamps of the World,September 1993

“BLACK” PLATE 11, TRIAL PRINTING ON “DICKINSON” SILK THREAD PAPER


1091

69


KING GEORGE V

1912-24 WATERMARK SIMPLE CYPHER

x1091 1d. scarlet, a well-centred and lightly mounted mint tête-bêche pair, one stamp with smallcorner thin, otherwise fine and of stunning appearance. The finest of the three knownexamples in private hands, with one of the three having a missing corner. A great rarity ofthe reign of George V. S.G. 357b, £75,000 £40,000-50,000

PROVENANCE:Christies, Important Stamps and Covers of the World, May 1992

END OF THE SALE

THE FINEST OF THE THREE RECORDED EXAMPLES

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SALE TITLE DATE CODE NAME SALE NO.

The J. E. Safra Collection of Thursday 15 May 2014 SAFRA 14028Classic Great Britain Rarities at 2.00 p.m.

I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below. I understand that if my bid is successful the Purchase Price will be the sum of the final bid and Buyer’s premium as a percentage of the final bid, any VAT chargeable, also a fee for bidding on the-saleroom.com onlyand surcharge for paying by credit card. The Rate of Premium is 20% of the final hammer price of each lot.

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BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERSPLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)






15 MAY 2014

LONDON



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BIDDING INCREMENTSBidding generally opens below the low estimate and advances in the following orderalthough the auctioneer may vary the bidding increments during the course of theauction. The normal bidding increments are:Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50

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authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the descriptionin the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordancewith the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/orrestoration work of any kind (including re-enamelling);

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3.1 Examination of goodsYou are strongly advised to examine personally any goods in which youare interested, before the auction takes place. Condition reports areusually available on request. We provide no guarantee to you otherthan in relation to Forgeries, as set out in clause 5.13 of these Termsand Conditions.

3.2 Catalogue descriptions

3.2.1 Statements by us in the catalogue or condition report, or madeorally or in writing elsewhere, regarding the authorship, origin,date, age, size, medium, attribution, genuineness, provenance,condition or estimated selling price of any Lot are merelystatements of opinion, and are not to be relied on as statements ofdefinitive fact. Catalogue and web illustrations are for guidanceonly, and should not be relied on either to determine the tone orcolour of any item. No lot shall be rejected on the grounds ofinaccurate reproduction. No lot illustrated in the catalogue andonline shall be rejected on the grounds of cancellation, centring,margins, perforation or other characteristics apparent from theillustration. Estimates of the selling price should not be relied on asa statement that this price is either the price at which the Lot willsell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their beingin perfect condition and some descriptions in the catalogue or givenby way of condition report make reference to damage and/orrestoration. We provide this information for guidance only and theabsence of such a reference does not imply that an item is free fromdefects or restoration nor does a reference to particular defectsimply the absence of any others.

3.2.3 Other than as set out in clause 5.13, and in the absence of fraud,neither the Seller nor we, nor any of our employees or agents, areresponsible for the correctness of any statement as to theauthorship, origin, date, age, attribution, genuineness orprovenance of any Lot nor for any other errors of description or forany faults or defects in any Lot. Every person interested shouldexercise and rely on his own judgment as to such matters.

3.3 Your ResponsibilityYou are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only3.4.1 If you wish to obtain an expert opinion or Certificate of

Authenticity on any Lot (other than a mixed Lot or Lot containingundescribed stamps) you must notify us in writing not less thanforty-eight hours before the time fixed for the commencement ofthe first session of the sale. If accepted by us, such request shall havethe same effect as notice of an intention to question the

genuineness or description of the Lot for the purposes of clause5.13 (Refund in the case of Forgery) of these Terms andConditions and the provisions of clause 5.13 (Refund in the case ofForgery) shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate ofAuthenticity must give the reason why such opinion is required andspecify the identity of your proposed expert which will be subjectto agreement by us. We reserve the right, at our discretion, torefuse a request for an expert opinion or Certificate of Authenticityincluding (without limitation) where the proposed expert is notknown to us.

3.4.3 If we accept a request for an expert opinion or Certificate ofAuthenticity we will submit the Lot to the Expert Committee. Youacknowledge and accept that the length of time taken by an ExpertCommittee to reach an opinion will vary depending on thecircumstances and in any event is beyond our control.

3.4.4 We will not accept a request for an extension on account ofcondition. Any Lot described in the catalogue as having faults ordefects may not be returned even if an expert opinion or Certificateof Authenticity cites other faults or defects not included in thecatalogue description, other than in the case of a Forgery.

3.4.5 Should Spink accept a request for an extension under theforegoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the Lot.

3.4.6 It should be noted that any stamp accompanied by a Certificateof Authenticity is sold on the basis of that Certificate only and noton the basis of any other description or warranty as to authenticity.No request for an extension will be accepted on such a stamp andthe return of such a stamp will not be accepted.

3.4.7 If you receive any correspondence from the Expert Committeein relation to the Lot, including but not limited to a Certificate ofAuthenticity, you must provide us with copies of suchcorrespondence no later than 7 days after you receive suchcorrespondence.

4 AT THE SALE

4.1 Refusal of admissionOur sales usually take place on our own premises or premises overwhich we have control for the sale, and we have the right, exercisableat our complete discretion, to refuse admission to the premises orattendance at an auction.

4.2 Registration before biddingYou must complete and sign a registration form and provideidentification before making a bid at auction. Please be aware that weusually require buyers to undergo a credit check.If you have not bid successfully with Spink in the past, or you areregistering with us for the first time, we reserve the right to require adeposit of up to 50% of the amount you intend to spend. Such depositwill be deducted from your invoice should you be successful. If you areunsuccessful at auction, your deposit will be returned by the samemeans it was paid to Spink.Some lots may be designated, prior to the auction, as “Premium Lots”,which means a deposit may be required before placing a bid on theitem for sale. Information will be posted on our website in such anevent.


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4.3 Bidding as PrincipalWhen making a bid (whether such bids are made in person or byway of telephone bids operated by Spink, commission or online oremail bids), you will be deemed to be acting as principal and will beaccepting personal liability, unless it has been agreed in writing, at thetime of registration, that you are acting as agent on behalf of a thirdparty buyer acceptable to us.

4.4 Commission BidsIf you give us instructions to bid on your behalf, by using the formprovided in our catalogues or via our website, we shall use reasonableendeavours to do so, provided these instructions are received not laterthan 24 hours before the auction. If we receive commission bids on aparticular Lot for identical amounts, and at auction these bids are thehighest bids for the Lot, it will be sold to the person whose bid wasreceived first. Commission bids are undertaken subject to othercommitments at the time of the sale, and the conduct of the auctionmay be such that we are unable to bid as requested. Since this isundertaken as a free service to prospective buyers on the terms stated,we cannot accept liability for failure to make a commission bid. Youshould therefore always attend personally if you wish to be certain ofbidding.

4.5 On-line BiddingWe offer internet services as a convenience to our clients. We will notbe responsible for errors or failures to execute bids placed on theinternet, including, without limitation, errors or failures caused by (i) aloss of internet connection by either party for whatever reason; (ii) abreakdown or problems with the online bidding software and/or (iii)a breakdown or problems with your internet connection, computer orsystem. Execution of on-line internet bids on www.spink.com andSpink Live is a free service undertaken subject to other commitments atthe time of the auction and we do not accept liability for failing toexecute an online internet bid or for errors or omissions in connectionwith this activity. Buyers who acquire lots on the-saleroom.com willhave a fee of 3% on the hammer price added to their invoice for usingthis facility.

4.6 Telephone BidsIf you make arrangements with us not less than 24 hours before thesale, we shall use reasonable endeavours to contact you to enable youto participate in bidding by telephone, but in no circumstances will webe liable to either the Seller or you as a result of failure to do so.

4.7 Currency ConverterAt some auctions, a currency converter will be operated, based on theone month forward rates of exchange quoted to us by Barclays BankPlc or any other appropriate rate determined by us, at opening on thedate of the auction. Bidding will take place in a currency determined byus, which is usually sterling for auctions held in London. The currencyconverter is not always reliable, and errors may occur beyond ourcontrol either in the accuracy of the Lot number displayed on theconverter, or the foreign currency equivalent of sterling bids. We shallnot be liable to you for any loss suffered as a result of you following thecurrency converter.

4.8 Video imagesAt some auctions there will be a video screen. Mistakes may occur in itsoperation, and we cannot be liable to you regarding either thecorrespondence of the image to the Lot being sold or the quality of theimage as a reproduction of the original.

4.9 Bidding IncrementsBidding generally opens below the low estimate and advances in thefollowing order although the auctioneer may vary the biddingincrements during the course of the auction. The normal biddingincrements are:

Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500£20,000 and up Auctioneer’s discretion

4.10 Bidding by Spink4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to

the amount of the Reserve (if any), which will never be above thelow estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchaseLots as principal.

4.11 The Auctioneer’s DiscretionThe auctioneer has the right at his absolute discretion to refuse any bidto advance the bidding in such manner as he may decide to withdrawor divide any Lot, to combine any two or more Lots and, in the case oferror or dispute, to put an item up for bidding again.

4.12 Successful BidSubject to the auctioneer’s discretion, the striking of his hammer marksthe acceptance of the highest bid, provided always that such bid ishigher than the Reserve (where applicable), and the conclusion of acontract for sale between you and the Seller.

4.13 After Sale Arrangements If you enter into any private sale agreements for any Lot with the Sellerwithin 60 days of the auction, we, as exclusive agents of the Sellerreserve the right to charge you the applicable Buyer’s Premium inaccordance with these Terms and Conditions, and the Seller acommission in accordance with the terms of the Seller’s agreement.

4.14 Return of LotOnce your bid has been accepted for a Lot then you are liable to payfor that Lot in accordance with these Terms and Conditions. If thereare any problems with a Lot then you must notify us within 7 days ofreceipt of the Lot, specifying the nature of the problem. We may thenrequest that the Lot is returned to us for inspection. Save as set out inclause 5.13, the cancellation of the sale of any Lot and the refund ofthe corresponding purchase price is entirely at our sole discretion. Wewill not normally exercise that discretion if the Lot is not received byus in the same condition that it was in at the auction date.

5 AFTER THE AUCTION5.1 Buyer’s Premium and other charges

In addition to the Hammer Price, you must pay us the Buyer’sPremium at a rate of 20% of the final Hammer price of each lot, a feeof 3% on the hammer price total for using the-saleroom.com and asurcharge for paying by credit card.

5.2 Value Added TaxOther than in respect of Zero-rated Lots (o) VAT is chargeable on theHammer price and the Buyer’s premium of daggered (†) and (Ω) lotsat the standard rate (currently 20%), and on lots marked (x) at thereduced rate (currently 5% on the Hammer price and 20% on theBuyer’s premium). VAT on Margin scheme lots (identified by theabsence of any VAT symbol next to the lot number) is payable at 20%on the Buyer’s premium only.

5.3 VAT RefundsGeneral5.3.1 As we remain liable to account for VAT on all Lots unless they

have been exported outside the EU within 3 months of the date ofsale, you will generally be asked to deposit all amounts of VATinvoiced. However, if a Spink nominated shipper is instructed, thenany refundable VAT will not be collected. In all other cases creditswill be made when proof of export is provided. If you export theLot yourself you must obtain shipping documents from theShipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of exportcertificate to us within 3 months of the date of sale. If you fail toreturn the proof of export certificate to us within such period andyou have not already accounted to us for the VAT, you will beliable to us for the full amount of the VAT due on such Lot and weshall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of exportcertificate must be sent to our Shipping Department clearly marked‘VAT Refund’ within 3 months of the date of sale. No payment willbe made where the total amount of VAT refundable is less than £50and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU5.3.4 VAT refunds are available on the Hammer Price and Buyer’s

Premium of Daggered (†) and Investment Gold (g) Lots. You mustcertify that you are registered for VAT in another EU country andthat the Lot is to be removed from the United Kingdom within 3months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT hasbeen charged, no refund of VAT is available from us. It may bepossible to apply directly for a refund on form VAT 65 toHM Revenue & Customs Overeseas Repayment Section,Londonderry.

VAT Refunds – Buyers from outside the EU5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme

and evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT on Buyer’s Premium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold(g) Lot the VAT charged on the Hammer Price may be refundedwhere evidence of export from the EU is produced within 3months of the date of sale. A refund of VAT charged on the Buyer’sPremium can also be made on receipt of proof of business as acollectibles dealer.

5.3.8 Where the Lot is marked as an Omega (Ω) Lot or an ImportVAT (x) Lot and evidence of export from the EU is producedwithin 3 months of the date of sale, the VAT charged on both theHammer Price and Buyer’s Premium may be refunded. Whererequired, we can advise you on how to export such Lots as a specificform of export evidence is required. Where we advise you on theexport of the Lots, please be aware that the ultimate responsibilityin respect of obtaining a valid proof of export certificate will lie withyou and we will not be responsible for your failure to obtain suchcertificate.


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5.4 Payment5.4.1 You must provide us with your full name and permanent address

and, if so requested, details of the bank from which any paymentsto us will be made. You must pay the full amount due (comprisingthe Hammer Price, the Buyer’s Premium and any applicable VAT)within seven days after the date of the sale. This applies even if youwish to export the Lot and an export licence is (or may be)required.

5.4.2 You will not acquire title to the Lot until all amounts due have been paid in full. This includes instances where specialarrangements were made for release of Lot prior to full settlement.

5.4.3 Payment should be made in sterling by one of the followingmethods:II(i) Direct bank transfer to our account details of which are set

out on the invoice. All bank charges shall be met by you.Please ensure that your client number is noted on thetransfer.

i(ii) By cheque or bank draft made payable to Spink and Son Ltdand sent to Spink at 69 Southampton Row, Bloomsbury,London WC1B 4ET. Please note that the processing chargesfor payments made by cheques or bank drafts drawn on anon-U.K bank shall be met by you. Please ensure that theremittance slip printed at the bottom of the invoice isenclosed with your payment.

(iii) By Visa or Mastercard. A charge of 2% will be applied.Payments exceeding £5,000 can normally only be made bythe card holder in person whilst on our premises.

5.4.4 Payments should be made by the registered buyer and not bythird parties, unless it has been agreed at the time of registrationthat you are acting as an agent on behalf of a third party.

5.5 InvoicesInvoices may consist of one or more pages and will show: Zero ratedLots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;Lots marked (g) special scheme Investment Gold; Daggered Lots (†),imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammerfor EU VAT registered buyers.

5.6 Collection of Purchases5.6.1 Unless specifically agreed to the contrary, we shall retain lots

purchased until all amounts due to us, or to the Spink Group, havebeen paid in full. Buyers will be required to pay for their lots whenthey wish to take possession of the same, which must be within 7days of the date of the sale, unless prior arrangements have beenmade with Spink. Without prior agreement, lots will not be releaseduntil cleared funds are received with regard to payments made bycheque.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available forinspection at our offices from the date of sale for a period of sevendays or until the time of collection, whichever is sooner. After sevendays or from the time of collection, whichever is the earlier, the Lotwill be entirely at your risk.

5.6.3 Our policy will not cover and we are unable to acceptresponsibility for damage caused by woodworm, changes inatmospheric conditions or acts of terrorism.

5.7 NotificationWe are not able to notify successful bidders by telephone. WhileInvoices are sent out by mail after the auction we do not acceptresponsibility for notifying you of the result of your bid. You arerequested to contact us by telephone or in person as soon as possibleafter the auction to obtain details of the outcome of your bids to avoidincurring charges for late payment.

5.8 Packing and handling5.8.1 We shall use all reasonable endeavours to take care when

handling and packing a purchased Lot but remind you that afterseven days or from the time of collection, whichever is sooner, theLot is entirely at your risk. Our postage charges are set out at theback of the catalogue.

5.8.2 It is the responsibility of the Buyer to be aware of any ImportDuties that may be incurred upon importation to the finaldestination. Spink will not accept return of any package in order toavoid these duties. The onus is also on the Buyer to be aware of anyCustoms import restrictions that prohibit the importation ofcertain collectibles. Spink will not accept return of the Lot(s) underthese circumstances. Spink will not accept responsibility for Lot(s)seized or destroyed by Customs.

5.8.3 If the Buyer requires delivery of the Lot to an address other thanthe invoice address this will be carried out at the discretion ofSpink.

5.9 Recommended packers and shippersIf required our shipping department may arrange shipment as youragent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whomwe have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases5.10.1 If you fail to make payment within seven days of your stipulated

payment date set out in your invoice, we shall be entitled to exerciseone or more of the following rights or remedies:

5.10.1.1 to charge interest at the rate of 2% per month compoundinterest, calculated on a daily basis, from the date the fullamount is due;

5.10.1.2 to set off against any amounts which the Spink Group mayowe you in any other transaction the outstanding amountremaining unpaid by you;

5.10.1.3 we may keep hold of all or some of your Lots or otherproperty in the possession of the Spink Group until you havepaid all the amounts you owe us or the Spink Group, even if theunpaid amounts do not relate to those Lots or other property.Following fourteen days’ notice to you of the amountoutstanding and remaining unpaid, the Spink Group shall havethe right to arrange the sale of such Lots or other property. Weshall apply the proceeds in discharge of the amount outstandingto us or the Spink Group, and pay any balance to you;

5.10.1.4 where several amounts are owed by you to the SpinkGroup in respect of different transactions, to apply any amountpaid to discharge any amount owed in respect of any particulartransaction, whether or not you so direct;

5.10.1.5 to reject at any future auction any bids made by you or onyour behalf or obtain a deposit from you before accepting anybids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:

5.10.2.1 to cancel the sale of the Lot or any other item sold to youat the same or any other auction;

5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, ifthis results in a lower price being obtained, claim the balancefrom you together with all reasonable costs including a 20%seller’s commission, expenses, damages, legal fees, commissionsand premiums of whatever kind associated with both sales orotherwise, incurred in connection with your failure to makepayment; or

5.10.2.3 take any other appropriate action as we deem fit.5.11 Failure to collect

Where purchases are not collected within seven days after the sale,whether or not payment has been made, you will be required to pay astorage charge of £2 per item per day plus any additional handling costthat may apply. You will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all otheramounts due to us.

5.12 Export Licence5.12.1 If required we can, at our discretion, advise you on the detailed

provisions of the export licensing regulations. Where we advise youin relation to export licensing regulations the ultimate responsibilityin respect of any export will lie with you and we will not beresponsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may berequired to produce a valid export licence to us or sign a waiverdocument stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within twoor three weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wishto apply for an export licence does not affect your obligation tomake payment within seven days nor our right to charge interest onlate payment.

5.12.5 If you request that we apply for an export licence on yourbehalf, we shall be entitled to recover from you our disbursementsand out of pocket expenses in relation to such application, togetherwith any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund anyinterest or other expenses incurred by you where payment is madeby you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery5.13.1 A sale will be cancelled, and the amount paid refunded to you

if a Lot (other than a miscellaneous item not described in thecatalogue) sold by us proves to have been a Forgery. We shall nothowever be obliged to refund any amounts if either (a) thecatalogue description or saleroom notice at the auction datecorresponded to the generally accepted opinion of scholars orexperts at that time, or fairly indicated that there was a conflict ofopinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after publication of the catalogue or a process which atthe date of the auction was unreasonably expensive or impracticableor likely to have caused damage to the Lot. Furthermore, youshould note that this refund can be obtained only if the followingconditions are met:5.13.1.1 you must notify us in writing, within seven days of the

receipt of the Lot(s), that in your view the Lot concerned is aForgery;

5.13.1.2 you must then return the item to us within fourteen daysfrom receipt of the Lot(s), in the same condition as at theauction date; and


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5.13.1.3 as soon as possible following return of the Lot, you mustproduce evidence satisfactory to us that the Lot is a Forgery andthat you are able to transfer good title to us, free from any thirdparty claims.

5.13.1.4 you must provide to us all evidence obtained by you thata Lot is a Forgery no later than 7 days after you receive suchevidence.

5.13.2 In no circumstances shall we be required to pay you any morethan the amount paid by you for the Lot concerned and you shallhave no claim for interest.

5.13.3 The benefit of this guarantee is not capable of beingtransferred, and is solely for the benefit of the person to whom theoriginal invoice was made out by us in respect of the Lot when soldand who, since the sale, has remained the owner of the Lot withoutdisposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such processwas used or in use at the date of the auction.

6 LIABILITY Nothing in these Terms and Conditions limits or excludes our liability for:6.1 death or personal injury resulting from negligence; or 6.2 any damage or liability incurred by you as a result of our fraud or

fraudulent misrepresentation.7 COPYRIGHT

7.1 We shall have the right (on a non-exclusive basis) to photograph, videoor otherwise produce an image of the Lot. All rights in such an imagewill belong to us, and we shall have the right to use it in whatever waywe see fit.

7.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall havethe right to use it in whatever way we see fit. You shall not use or allowanyone else to use such images, illustrations or written material withoutour prior written consent.

8 VATYou shall give us all relevant information about your VAT status and that ofthe Lot to ensure that the correct information is printed in the catalogues.Once printed, the information cannot be changed. If we incur any unforeseencost or expense as a result of the information being incorrect, you willreimburse to us on demand the full amount incurred.

9 NOTICESAll notices given under these Terms and Conditions may be served personally,sent by 1st class post, or faxed to the address given to the sender by the otherparty. Any notice sent by post will be deemed to have been received on thesecond working day after posting or, if the addressee is overseas, on the fifthworking day after posting. Any notice sent by fax or served personally will bedeemed to be delivered on the first working day following despatch.

10 ADDITIONAL PROVISIONSThe following provisions of this clause 10 shall apply only if you are acting forthe purposes of your business. 10.1 Limitation of Liability

Subject to clause 6, we shall not be liable, whether in tort (includingfor negligence) or breach of statutory duty, contract, misrepresentationor otherwise for any:10.1.1 loss of profits, loss of business, depletion of goodwill and/or

similar losses, loss of anticipated savings, loss of goods, loss ofcontract, loss of use, loss of corruption of data or information; or

10.1.2 any special, indirect, consequential or pure economic loss,costs, damages, charges or expenses.

10.2 SeverabilityIf any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and therest of the conditions shall continue to be valid and enforceable to thefullest extent permitted by law.

10.3 Force majeureWe shall have no liability to you if we are prevented from, or delayedin performing, our obligations under these Terms and Conditions orfrom carrying on our business by acts, events, omissions or accidentsbeyond our reasonable control, including (without limitation) strikes,lock-outs or other industrial disputes (whether involving our workforceor the workforce of any other party), failure of a utility service ortransport network, act of God, war, riot, civil commotion, maliciousdamage, compliance with any law or governmental order, rule,regulation or direction, accident, breakdown of plant or machinery,fire, flood, storm or default of suppliers or subcontractors.

10.4 Waiver10.4.1 A waiver of any right under these Terms and Conditions is only

effective if it is in writing and it applies only to the circumstancesfor which it is given. No failure or delay by a party in exercising anyright or remedy under these Terms and Conditions or by law shallconstitute a waiver of that (or any other) right or remedy, norpreclude or restrict its further exercise. No single or partial exerciseof such right or remedy shall preclude or restrict the further exerciseof that (or any other) right or remedy.

10.4.2 Unless specifically provided otherwise, rights arising underthese Terms and Conditions are cumulative and do not excluderights provided by law.

10.5 Law and Jurisdiction

10.5.1 These Terms and Conditions and any dispute or claim arisingout of or in connection with them or their subject matter, shall begoverned by, and construed in accordance with, the law of Englandand Wales.

10.5.2 The parties irrevocably agree that the courts of England andWales shall have exclusive jurisdiction to settle any dispute orclaim that arises out of, or in connection with, Terms andConditions or their subject matter.

Postal Charges

Prices for books(items sent by this method are not covered by insurance)

Prices for all other items including postage and packaging

Shipments of more than 2kg or volumetric measurement of more than 2kg have tobe sent by courier. Certain countries may incur extra charge when courier servicesare required by our insurance policy. For lots sent by courier please [email protected] for calculation of any further relevant cost in addition tothe above charges.

Value Added Tax (VAT)

Charging of (VAT) at Auction

The information shown on this page sets out the way in which Spink intends toaccount for VAT.

i. Auctioneers’ Margin Scheme

1. Where possible, we will offer Lots for sale under the Auctioneers’Margin Scheme. Such Lots can be identified by the absence of anyVAT symbol next to the Lot number in the catalogue and will not besubject to VAT on the Hammer Price.

2. Where Lots are sold using the Auctioneers’ Margin Scheme to UKVAT–registered businesses, the VAT on Buyers’ Premium is notrecoverable as input tax. Upon request on sale day, we will issueinvoices that show VAT separately on both the Hammer Price andthe Buyer’s Premium. This will enable VAT-registered businesses torecover the VAT charged as input tax, subject to the normal rules forrecovering input tax.

ii. Zero-Rated Lots

Limited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT will be added to the Buyer’spremium.

iii. Daggered Lots

Lots which are Daggered (†) in the catalogue are subject to VAT at 20%on both the Hammer Price and the Buyer’s Premium.

iv. Imported and Omega Lots

Lots which are marked (x) in the catalogue are subject to VAT at 5% onthe Hammer price plus 20% on the Buyer’s premium. Lots which bear theOmega symbol (Ω) are subject to VAT at 20% on the Hammer Price andon the Buyer’s Premium. This VAT is payable on items imported fromoutside the EU. In these cases we have used a temporary importationprocedure, which in effect means that the point of importation is deferreduntil the Lot has been sold. At this point the Buyer is treated as theimporter and is liable to pay the import VAT due. We will collect the VATfrom you and pay it to HM Customs and Excise on your behalf.

v. Investment Gold Lots

Lots marked (g) in the catalogue are exempt from VAT on the HammerPrice and are subject to VAT at 20% on the Buyer’s Premium. A refund ofVAT charged on the Buyer’s Premium can also be made on receipt of proofof business as a collectibles dealer outside of the EU.

Invoice Value UK EU Rest of the WorldUp to £1,500 £10 £15 £20

Up to £10,000 £20 £30 £40

Above £10,001 £20 £50 £60

Weight UK EU Rest of the WorldUp to 1kg £8 for any weight £12 £15

Up to 2kg £8 for any weight £18 £25


BANKNOTES

15/16/17 April World Banknotes London 1400817/18 June The Numismatic Collector’s Series Sale New York 32015 July World Banknotes London 14009 21 August The Numismatic Collector’s Series Sale Hong Kong CSS1117/18 September The Numismatic Collector’s Series Sale New York 321 30 September World Banknotes London 14013 1/2 October World Banknotes London 14013 15 November The Numismatic Collector’s Series Sale Hong Kong CSS13

SALE CALENDAR 2014

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –

– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

14 April The Drs. Joanne and Edward Dauer Collection of Great Britain London 14020 29/30 April The Philatelic Collector’s Series Sale London 14021 1 May The Philatelic Collector’s Series Sale London 14021 10 May The Philatelic Collector’s Series Sale Hong Kong CSS0814 May Specialised Great Britain Stamps and Postal History London 14022 15 May The J. E. Safra Collection of Classic Great Britain Rarities,

Including 1840 One Penny Blacks, 1840 Two Penny Blues and the famousKing George V 1d. Tete Beche Pair London 14028

21 May The J. E. Safra 24c Inverted Jenny New York 14921-22 May The Philatelic Collector’s Series Sale New York 1487 June The Philatelic Collector’s Series Sale Hong Kong CSS107 June The Philatelic Collector’s Series Sale Lugano SW101318 June The “Garrison” Collection of New Guinea “G.R.I.” Surcharges London 1402319 June The “Lionheart” Collection of Great Britain and British Empire, Part III London 1402710 July The Philatelic Collector’s Series Sale London 1402410 September The Philatelic Collector’s Series Sale London 1402520 September The Philatelic Collector’s Series Sale Hong Kong CSS1220 September Stamps and Covers of South East Asia Singapore 14026

COINS

17/18 June The Numismatic Collector’s Series Sale New York 320 25/26 June Ancient, British & Foreign Coins and Commemorative Medals London 14005 21 August The Numismatic Collector’s Series Sale Hong Kong CSS1117/18 September The Numismatic Collector’s Series Sale New York 32122/23 September Ancient, British & Foreign Coins and Commemorative Medals London 14006 15 November The Numismatic Collector’s Series Sale Hong Kong CSS133/4 December Ancient, British & Foreign Coins and Commemorative Medals London 14007

MEDALS

24 April Orders, Decoration, Campaign Medals & Militaria London 1400124 July Orders, Decoration, Campaign Medals & Militaria London 14002 20 November Orders, Decoration, Campaign Medals & Militaria London 14003

BONDS AND SHARES

30 May Bonds and Share Certificates of the World London 14016 7 June Bonds and Share Certificates of the World Lugano SW101217/18 June The Numismatic Collector’s Series Sale New York 32021 August The Numismatic Collector’s Series Sale Hong Kong CSS1115 November The Numismatic Collector’s Series Sale Hong Kong CSS1328 November Bonds and Share Certificates of the World London 14017

AUTOGRAPHS

17/18 June The Numismatic Collector’s Series Sale New York 32017/18 September The Numismatic Collector’s Series Sale New York 321

WINES

18 April Château le Puy Charity Dinner & Wine Auction Tokyo SFW0619 April Silver Seal and Independent Bottlers Auction Hong Kong SFW0729 May An Evening of Exceptional Wines Hong Kong SFW0831 July An Evening of Exceptional Wines Hong Kong SFW09

GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith Ian Shapiro (Consultant)

USA - George Eveleth Richard DebneyEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna LeeCOINS

UK - Mike Veissid Richard Bishop William MacKay Eleanor Charlotte DixTim Robson Edouard Wyngaard Barbara Mears John Pett

USA - Stephen Goldsmith Greg ColeCHINA - Kin Choi Cheung

BANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew Pattison Monica KruberUSA - Stephen GoldsmithEUROPE - Peter Christen

CHINA - Paul Pei Po Chow Kelvin CheungORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver Pepys John HaywardBOOKS

UK - Philip Skingley Jennifer MulhollandAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee Guillaume Willk-Fabia

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeCharles Blane

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Edward Rivers Luca Borgo Rita Ariete Dora Szigeti John Winchcombe

Kenichiro Imase María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Dennis Muriu Billy Tumelty Dean Dowdall

IT & AdministrationBerdia Qamarauli Leszek Woronowicz Liz Cones Curlene Spencer

Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK)

Auction Administration and Marketing & DesignSonia Alves Luke Mitchell Madison Lang

Finance & AdministrationAleena Nieves

AuctioneerStephen Goldsmith

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAngie Ihlofung Amy Yung Newton Tsang Raymond Tat Gary Tan


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69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com


15 MAY 2014

LONDON

£25




Documents

The J. E. Safra Collection of Classic Great Britain Rarities, Including 1840 One Penny Blacks, 14028