May 29, 2020

Press Release: Chinese Red Revenue Stamp Collection

By:
Art Dailiy

A rare Chinese Red Revenue Stamp Collection hammers $170,195 on iGavelauctions.com

1897 Red Revenue Figure Surcharge

NEW YORK, NY.- For International stamp lovers, rare postage stamps are always their target, and Chinese stamps are among some of the most famous, valuable and sought-after items in the world. Thus, it comes as no surprise that the recent sale of a Chinese Red Revenue Stamp Collection–the first presented by the Dallas Auction Gallery on iGavelauctions.com, was a resounding success.

With a 97% sell-through of 269 lots, the sale achieved $170,195 including buyer’s premium. The top lots achieved strong prices with an 1897 Red Revenue small figure surcharge selling for more than $12,000; 1967-68 People’s Republic of China, Poems of Mao Ze Dong sold $10,945, and a 1962 People’s Republic of China Mei Lan-fang hammered $10,000, more than 3 times its estimate.

Says Lark Mason III, vice-president of iGavel, “The results of this sale illustrate what can happen when discerning and eager bidders are brought to the table no matter how turbulent the selling environment appears to be.”

iGavel, founded in 2002 by Lark Mason, is an online platform dedicated solely to the sale of fine arts, antiques and collectibles offered by a network of independently owned auction houses, dealers, appraisers and other arts professionals. Sales are held in a traditional auction-catalog format entirely online.

Founded by the Shuford family in 2002, the Dallas Auction Gallery has developed a world-wide reputation for auctioning the best in antiques, fine art, and Asian antiquities.

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