BWISC AUCTION 2023
The auction will be held on 29 April May 2023 at The Royal Philatelic Society London
The auction will commence at TBA with viewing from TBA
Contact: Simon Richards: Heathercombe House, Drayton St Leonard, Wallingford, 0X10 7BG Tel: 0771 368 4263 e-mail: email@example.com
Philatelists’ hearts were gladdened when the Coronation was announced for 6 May, that philatelically important day also chosen by King George V. Your Auction Committee were pleased that the previous weekend had been chosen in preference and the 51st Study Circle auction will take place at 15 Abchurch Lane on 29 April 2023.
So far over 400 lots have been described and we expect to have between 600 and 700 in all. There is a good deal of postal history, encompassing most islands from the estate of our late President Graham Booth, some of these items are illustrated on this page. The Booth lots will include items from the French, Dutch and Danish islands in the West Indies, often with a connection to the RMSP.
However, we have only received consignments from 15 members and there is still an opportunity for you to consign. Whilst the auction is in late April, the catalogue needs to be sent with the March Bulletin, which means it has to be ready in time for that printing deadline which goes to the printer on 30 January. So, we need your consignments now! In order to give us a chance to describe adequately it is hugely helpful if we can receive material by mid-December and the absolute deadline is 15 January. Please e-mail me if you have any queries.
As a general rule we endeavour to have an average lot value of £50, though we are quite happy to receive lower value lots along with higher value ones, as long as the average approaches £50. The terms are 10% commission to vendors with no buyer’s premium and realisations have totalled around £20,000 a year for the last few years, enabling a worthwhile contribution from the auction to the Study Circle’s finances. Bidding starts at 80% of estimate, unless vendors have asked for a higher reserve, denoted by an ‘R’ before the estimate. When sending in your material please do send an itemised list and where possible an indication of estimate. The auction team will review, and often develop, the description, lot, scan and inspect for condition.
The ‘book’ for bids will open as soon as the catalogues have been dispatched in early March and we aim to notify postal bidders by e-mail the weekend of the auction and to post out the week following. All lots are sent tracked. We expect payment by return and aim to distribute to vendors about six weeks after the sale, which allows for month or so for unsolds to attract interest.
Generally, there is a good bidding atmosphere in the ‘room’ and room bidders and postal bidders seem to win roughly half the lots each, with an overall sale percentage of 60%. We aim to have something of interest in all the former British territories, so do participate, and if possible, come to the auction, and think about consigning.