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BPMA sale

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Julia Lee11/07/2013 17:11:09
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I'm afraid there were a lot of unsold lots at the sale.

It looked like there was interest 'on the book' (and sometimes in the room/internet) up to about 50-60% of estimate, but they often didn't hit reserve.

I'll have more info (Including hopefully actual figures) and reactions - including ideas of WHY - from various people tomorrow.

Julia Lee12/07/2013 10:42:49
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I know - it's frustrating, isn't it?

Are we all in broad agreement that a proper postal museum is good for the hobby?

I haven't got the figures for Unsolds yet, nor a response about what's next from the BPMA, but if my impressions are right, it's not looking good.

Another setback in the quest for a physical home for the museum. I remember the 'can we have it at Woolwich, no Woolwich is too damp' years, so this at least we're ahead of that, but still...

Julia Lee12/07/2013 14:01:38
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Ok, I've written up the story with lots of reaction and potential reasons.

Regardless of what I wrote, the realisations/lots sold make grim reading.

CNA - at the mo, due to the way the BPMA is set up as RM's designated archive, I'm not sure that's possible.

barry stagg12/07/2013 22:38:04
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Speaking as one of the few people at Sothebys for the BPMA sale I was rather disappointed with the whole event. Sadly I believed the given estimated prices; therefore I had not intended to bid as most items were out of my financial range. How wrong was I! It looked to me as if most items had a reserve of around 2/3rds of the lower estimate and many items appearred to have no bids at all. Had I only known that on Thursday then I now might be the proud owner of some unique Edward VIII items!

A Philatelist13/07/2013 02:32:27
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Very disappointing result. Clearly other funding models are going to have to be used.

Julia Lee15/07/2013 10:04:25
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Yes, I await some sort of BPMA statement about what's next - I must let them know our print deadline.

Julia Lee15/07/2013 16:42:44
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Barry - I meant to ask you two things a) what do you look like? (as I was there too), and b) aren't you the chap with the Parachute display, in which case would you like to do a My Collection?

barry stagg15/07/2013 17:55:08
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Hi Julia

I sat next to my wife two rows from the back near the door. And yes, happy to do a My Collection. Best regards.

Jack15/07/2013 21:06:14
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Why - or is - the various Lottery funds not involved? I would have thought it would be right up their street?

I suspect London will now always be too expensive for a building. My view is they should be looking somewhere which is already a major tourist attraction with good transport links to London - Oxford and Cambridge come to mind.

Julia Lee16/07/2013 09:53:55
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The Heritage Lottery Fund is involved and has been for a long time. You have to bid for it and it's a long and complicated business, but, yes, there is HLF funding in place.

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