The "Nobleman" Sales
Wishing to make his unequalled collection accessible to the public, on 30 January 1915 he willed it to the Postmuseum in Berlin, along with funds for maintenance, 30,000 guldens. But as a citizen of Austria living in France, World War I put him at risk. Leaving his several hundred albums in the Austrian embassy, he fled to Switzerland in 1917. He died soon afterwards, and so did not see the dismantling of his life's work after the war. The French government confiscated Ferrary's collection, claiming it as a war reparation. The massive assemblage was auctioned off between 1921 and 1926, in 14 separate sales, realizing some 30 million francs.
These sales enabled several famous collectors at the time to acquire the rarest philatelic items known, which, arguably, contributed to the development of the hobby in the first part of the 20th century. The British Guiana 1c magenta was bought by American collector Arthur Hind, who outbid King George V of the United Kingdom. The Treskilling Yellow error of Sweden, after changing hands a few times, was acquired in 1937 by King Carol II of Romania. The "Bordeaux cover" of Mauritius "Post Office" stamps was acquired, at different time by collectors such as Sir Ernest de Silva, Arthur Hind, Alfred F. Lichtenstein, and Alfred H. Caspary. Caspary (a well known New York collector) also acquired the only unused copy of the 2 cent Hawaiian Missionaries stamp, which had also belonged to Ferrary. The Buenos Aires “Barquitos” (Steamships) horizontal tete-beche pair appeared in the Ferrary sale held on June 13, 1923. It realized FFr 37,600 (US $2,400) (including the 17.5% surcharge), an extraordinary sum for the time. It was acquired by Alfred F. Lichtenstein.
After the dismantling of Ferarry's collection, these stamps have never again been (and are unlikely to ever be) part of the same philatelic collection. In that respect, Ferrary's collection remains unique in the history of philately. Today, many of the rarest stamps extant on the philatelic market proudly bear an "ex-Ferrary" in their provenance, which tends to raise considerably their desirability and value.
Read more about this topic: Philipp Von Ferrary
Famous quotes containing the words nobleman and/or sales:
“In this country, the village should in some respects take the place of the nobleman of Europe. It should be the patron of the fine arts. It is rich enough. It wants only the magnanimity and refinement.”
—Henry David Thoreau (1817–1862)
“The elephant, not only the largest but the most intelligent of animals, provides us with an excellent example. It is faithful and tenderly loving to the female of its choice, mating only every third year and then for no more than five days, and so secretly as never to be seen, until, on the sixth day, it appears and goes at once to wash its whole body in the river, unwilling to return to the herd until thus purified. Such good and modest habits are an example to husband and wife.”
—St. Francis De Sales (1567–1622)