Download - Prices realised Stamps Auction

Prices RealisedNovember 29 - December 3, 2005

David Feldmanworld leading stamp auctioneers

www.davidfeldman.com

The latest David Feldman SA series of auctions (held November 29 – December 3) brought

spirited bidding from clients present in the room, whether in person, over telephone links, by

agents, or (importantly) over the internet. In a week of auctions that combined specialised

collections (from Persia to Switzerland, Australian States to Greece, Egypt to Classic postal history

worldwide), the trend was clear: material fresh to the marketplace was in high demand, and the

prices reflected this.

Several sections doubled or trebled the pre-sale estimates overall, and individual

lots throughout the sale often soared to astonishing levels.

Next auctions

Washington - May 31, Geneva - June 7-11,

2006

Presently inpreparation

Greece ‘The Collection’ Part VIIGrand Prix Egypt

PersiaRarities

All World & Collections

David Feldman SA w 175, route de Chancy w P.O. Box 81 w 1213 Onex, Geneva w SwitzerlandTel: +41 (0)22 727 07 77 w Fax: +41 (0)22 727 07 78 w [email protected] w www.davidfeldman.com

Doyouknow? - DavidFeldmanhasauctionedmoreGrandPrixand LargeGoldMedalCollectionsthananycompanyinthe historyofphilately? -DavidFeldmanhasachievedmoreWorldRecordsthan anycompanyinthehistoryofphilately? -DavidFeldmanholdsalltheimportantHighestPrices forthegreatestitemsinphilately?

50012 Est. 30’000 Result 42’900

David Feldman - Official Exhibition Auctioneer

Special Auction in Washington D.C. Wednesday, May 31, 2006.Distinguished items and Specialised Collections are eagerly sought

for this auction and the June 2006 General Sale.

If you have a suitable item, please contact us as soon as possible.Special conditions can be considered.

David Feldman SAPHILATEL ISTS w AUCTIONEERS

175, route de Chancy w P.O.Box 81 w 1213 Onex, Geneva w Switzerland w Tel. +41 (0)22 727 07 77 w Fax +41 (0)22 727 07 78 w [email protected]

Rarities & Collections of the World

Autumn2005Auctions:AFirmMarket,StrongResults

The latest David Feldman SA series of auctions (held November 29 – December 3) brought spirited bidding from clients present in the room, whether in person, over telephone links, by agents, or (importantly) over the internet. In a week of auctions that combined specialised collections (from Persia to Switzerland, Australian States to Greece, Egypt to Classic postal history worldwide), the trend was clear: material fresh to the marketplace was in high demand, and the prices reflected this.

Persia (featuring the Hassan Shaida postmarks collection) started things off on Tuesday, and attracted intense com-petition both in the room and over the internet, including numerous lots fought over by bidders in Iran and in the USA (the Iranians usually won), and nearly every lot far exceeded its pre-auction estimate.

The first portion of the famous "Nile" Collection of Egypt postal history saw several outstanding realisations as well, and the same was true of rare and aesthetically pleasing items from throughout the Middle East.

"The Collection VI" of Large Hermes Heads brought together a special sales room in Athens with the auction room in Geneva, and the results continued the strong results of previous portions of this fabulous collection.

Europe & Colonies, offered on Thursday, saw fantastic results for First Issue covers, matched or exceeded by similar material in the Overseas portion of the auction. France & Colonies sold well, as did Italy and particularly Italian States.

Among the Overseas lots, Latin America was one of the strongest portions of the sale (including in the Collections sessions) as important stamps and covers (many of which had not been on the market in 40 years) brought outstanding levels from collectors world-wide. Asian material, including early covers of China, Japan and Korea, was strong (as these Prices Realised will attest).

British Commonwealth, offered Friday, included a strong showing of Australian States postal history, and bids came fast and furious from the internet, the telephone, the mail and from bidders in a linked sales room in Melbourne, where the participants could hear what was going on in Geneva and bid in "real time."

A special session of Switzerland, offered in its own spe-cial catalogue as the last part of the auction on Saturday evening, brought collectors and dealers from both the French and the German speaking parts of the country for a feast of rare stamps and covers.

Friday evening's offer of the "Rarities of the World" portion of the auction included the Richard Shaefer collection of Switzerland Combination Covers with stamps of other countries (which brought some strong bids from collectors of countries other than Switzerland). Among the many highlights of the "Rarities" sale was an important collection of Foreign Offices in Egypt postal history, sold as one lot (see Prices Realised for Lot 60002).

The Collections, Lots & Estates sessions, which comprised the Saturday day-time auction, featured numerous lots rich with nice stamps or interesting covers from several dealer stocks, and brought fierce action in the auction room, as lot after lot soared to multiples of the pre-auction estimates. Even here, the internet was a factor with numerous bidders "logged in" and bidding (and sometimes succeeding against strong floor competition).

In fact, the internet was so much a presence through-out the week that some commented that this ready connection from anywhere in the world would have been sorely missed had it been absent. Well over 200 bidders from nearly 40 countries were able to participate, hear the live audio and take part, and thus win as many lots as if they had been present in the auction room – for indeed they were, in real time!

David Feldman, chairman of the company, commented, "Collectors should take advantage of the strong market for fresh material, choice classics and interesting covers. With every auction, we see an almost insatiable demand, particularly for nice collections offered intact, which often sell for more than they would have if broken down. Of course, 'showpiece' items from every area, which appeal to both connoisseurs and exhibitors, are always strong, as are truly rare items regardless of price levels."

The next David Feldman SA auctions are set for Washington DC in May 2006 (a special auction of Rarities including exceptional collections offered as single lots) and for Geneva in early June. Consignments for these sales close at the end of February 2006, and the staff at David Feldman SA invite anyone who would like to take advantage of their outstanding catalogues, friendly serv-ice and inviting terms to contact the company today (by mail, phone, internet, fax or in person).

Please contact: David Feldman SA, P.O. Box 81, 1213 Onex, Geneva, Switzerland. Telephone: +41 (22) 727 0777; Fax +41 (22) 727 0778; e-mail [email protected] site: www.davidfeldman.com

Dec2005

David Feldman November - December 2005 Auctions - Geneva, Switzerland

PRICES REALISED (CHF)David Feldman SA Geneva,Dec,2005

Lot Result Lot Result Lot Result Lot Result Lot Result Lot Result

� Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bid

Prices may include lots bought back under reserve

GREECE

10000 200010001 8500

10002 30010003 65010004 5510005 7510006 650010007 55010008 70010009 28010010 46010011 60010013 110010015 160010018 650010019 750010020 24010021 85010022 10010023 1100

10024 60010025 38010026 1800

10028 3800010029 140010030 150010031 70010032 1800

10033 36010034 35010035 1700010036 80010037 42010038 2400010039 950010040 440010041 500010043 440010044 12000010045 220010046 1800010047 15010048 200010049 34010050 95010051 480

10052 40010053 60010054 1000

10055 38010056 850010057 36010058 46010059 280010060 200010061 130010062 26010063 85010064 13500010065 20010066 2200010068 14010069 26010070 160010073 320010075 100010076 50010077 55010078 22010080 1100

10081 75010082 50010083 600010084 240010085 440

10086 18010087 30010088 55010089 360010090 85010091 36010093 14010094 380010095 1200010096 90010097 40010098 12010099 2200010101 90010102 180010103 360010104 800010105 95010106 50010107 60010108 350

10109 40010110 65010111 18010112 190010113 1400

10114 22010116 110010118 95010119 500

10120 1200010122 110010123 60010124 6500010125 360

10126 26010127 30010128 140010129 650

10130 46010132 38010133 36010134 30010135 70010136 34010137 300010138 550010139 42010141 34010142 200010144 40010145 28010146 10010147 180010148 60010149 19010150 38010151 55010152 36010153 380010155 44010156 22010157 300010158 180010159 75010160 220010161 120010162 110010163 200010164 2000010165 110010166 40010167 40010168 120010169 65010170 32010171 360

10001 Est. 5’000 Result 10’073

10028 Est. 30’000 Result 45’030

10044 Est. 80’000 Result 142’200

10056 Est. 3’600 Result 10’073

10095 Est. 4’000 Result 14’220



�Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bidPrices may include lots bought back under reserve

10172 150010173 48010174 110010175 600010177 400010178 90010179 110010180 24010181 95010182 700010183 55010184 500010185 750

10187 360010190 440010191 850010192 550010193 180010194 260010195 120010196 180010198 750010199 36010200 190010201 40010202 300

EGYPT

20000 240020001 44020002 32020003 60020005 180020006 85020007 170020009 300020010 150020011 85020012 220020013 280020015 120020016 120020017 340020018 240020019 130020020 75020021 320020022 22020023 280

20024 300020025 180020026 85020027 280020028 1000020029 36020030 220020031 700020032 650020033 1500

20034 220020035 750020036 3600020037 1600020038 1300020039 1400020040 65020041 80020042 140020043 4800

20044 44020045 900020047 80020048 180020049 46020050 220020051 160020052 260020054 1900020056 1200

20057 480020058 80020059 220020060 50020061 70020062 44020063 60020064 1300020065 300020066 9500

20067 750020068 130020069 300020071 3400

10099 Est. 6’000 Result 26’070

10120 Est. 1’500 Result 14’220

10124 Est. 50’000 Result 77’025

20000 Est. 600 Result 2’844

20036 Est. 20'000 Result 42’660

20037 Est. 8'000 Result 18’960

20054 Est. 15'000 Result 22’515

20064 Est. 4'000 Result 15’405





ALL WORLD

30000 160030001 150030002 150030003 120030004 170030005 36030006 38030007 70030008 65030009 80030010 280030011 420030012 85030013 240030014 140030015 22030016 30030018 30030019 50030021 42030022 40030023 32030024 140030026 30030027 75030028 16030029 46030030 110030031 85030032 190030033 280030034 36030035 16030037 13030038 13030040 1500

30041 34030042 85030043 850

30044 32030045 32030046 11030047 13030048 8030049 320030050 34030052 550030053 70030054 34030056 26030057 55030060 28030061 22030062 32030063 28030064 55030066 80030068 20030069 24030070 30030071 24030072 20030074 22030075 11030076 28030078 22030079 30030080 8030082 750030083 500030084 85030085 75030086 46030087 15030088 500

30089 22030090 7530091 440

30092 36030093 750030094 46030096 46030097 200030098 75030099 48030100 70030102 55030104 9030105 34030106 100030109 140030110 100030111 100030112 95030113 32030114 70030115 28030116 380030117 2000030118 140030119 260030120 180030123 140030124 30030125 120030128 30030129 30030131 30030132 11030135 38030136 70030138 180030140 28030142 150

30143 11030144 30030145 34030146 70030147 5030150 140030152 38030154 70030155 65030156 60030158 17030159 19030160 95030161 48030162 60030163 30030165 70030166 50030169 22030170 95030175 32030176 28030177 30030178 32030180 15030182 30030184 70030185 46030186 46030188 20030189 100030191 20030194 22030195 32030196 40030197 42030199 80030201 36030202 100030203 50030204 17030205 48030206 12030207 70030208 22030209 85030210 95030213 26030215 75030218 35030221 95030222 22030224 95030225 26030227 50030228 1000030229 85030230 75

30233 160030234 20030235 17030236 100030238 50030239 20030242 200030243 14030244 95030245 200030246 24030249 140030250 190030251 40030253 32030254 32030255 50030256 42030257 60030258 55030261 60030264 50030269 140030270 34030271 95030272 32030276 13030279 44030281 15030282 28030285 28030286 90030287 44030288 50030290 95030294 75030298 220030302 140030304 8030306 34030307 24030308 36030309 80030310 30030315 34030316 6030320 24030321 38030322 100030323 90030324 20030325 22030326 75030327 20030328 13030330 220

30331 120030333 340030335 220030339 220030340 32030341 100030342 90030343 85030344 200030345 95030347 220030348 190030350 65030351 75030352 30030358 20030360 30030364 55030367 34030369 140030370 150030371 40030372 55030373 36030374 80030376 180030377 22030378 180030379 32030381 220030382 44030383 13030384 18030386 15030387 48030388 48030390 95030391 30030392 55030393 110030394 40030395 22030397 20030398 200030399 15030400 34030401 500

30117 Est. 5’000 Result 23’700

30449 Est. 15'000 Result 18’960




30402 85030403 120030404 19030405 13030406 34030407 32030408 75030409 65030410 9030411 42030412 24030414 16030415 170

30416 9030417 22030420 20030424 36030425 32030427 24030428 30030432 60030438 38030440 36030441 24030443 38030444 20030445 30030446 180030447 80030448 380

30450 38030451 90030452 19030453 48030454 75030456 48030457 65030458 260030459 38030460 36030461 75030462 85030463 380

30464 150030465 42030466 30030467 120030468 42030469 55030471 34030472 80030473 10030474 12030475 22030477 12030478 100030479 440030480 60030481 65030482 1000

30483 70030485 300030487 170030488 110030489 360030492 28030493 26030494 200030496 4030497 170030498 380030499 1600030500 800

30502 55030503 44030504 650030505 50030507 150030508 700030509 850030510 340030511 150030512 380030513 1000030514 340030515 180030516 10030517 110030518 32030519 1800

30520 50030521 44030522 240030523 160030524 26030526 20030528 28030529 28030530 60030533 260030534 190030537 26030538 140030539 44030540 85030541 36030542 70030543 70030545 120030547 140030548 100030549 150030551 36030552 30030554 46030555 28030556 400030558 80030560 38030561 30030562 50030563 150030564 130030565 36030567 100030568 170030569 28030570 200030571 120030572 11030573 19030574 55030576 38030578 3030579 22030580 75030581 130030582 22030583 14030584 42030585 32030586 34030587 30030588 46030589 85030590 110030591 55030592 340

30593 24030594 65030595 600030596 80030597 280030598 180030599 140030600 85030601 110030602 28030603 95030604 190030605 480030606 30030607 40030609 220030610 80030611 140030612 150030613 55030614 36030615 130030616 24030617 28030618 55030619 75030620 36030621 36030622 55030623 36030624 150030625 55030627 60030628 70030629 95030631 16030632 75030633 46030634 75030635 50030636 14030637 26030638 85030640 15030642 600030643 75030644 22030646 65030647 85030649 28030650 280030651 60030652 160030653 32030654 70030655 120030656 42030657 240

30658 30030659 19030660 12030661 38030662 22030664 60030665 38030668 240030669 28030674 28030677 200030682 50030683 75030684 130030685 28030690 150030691 46030692 110030693 120030694 120030695 26030698 36030701 65030702 15030703 80030704 26030705 1000030706 32030707 19030708 120030709 65030711 20030712 30030713 22030714 400030715 1200030716 340030717 38030718 280030719 140030721 95030723 240030724 7530725 320030726 32030728 24030729 160030730 10030731 110030732 95030733 15030734 32030735 48030736 28030737 55030740 320030741 50030742 260

30513 Est. 4’600 Result 11'850

30509 Est. 4’000 Result 10’073





30743 34030744 80030745 220030746 130030747 300030748 46030749 60030750 50030751 160030752 34030753 50030754 50030755 48030756 50030757 140030758 22030759 40030760 46030761 95030763 55030765 32030766 80030767 280030768 42030769 20030771 90030772 46030773 34030774 750030775 11030777 130030778 140030779 40030780 48030781 110030782 15030783 130030784 180030785 340030786 75030787 140030788 120030789 42030790 850030791 1400

30793 110030794 95030795 80030796 150030797 65030798 140030799 75030800 80030801 100030802 30030803 24030804 20030805 70030806 20030807 55030808 360030810 55030811 100030812 48030813 150030814 140030815 50030816 500030817 300030818 160030819 42030820 320030821 280030822 150030823 75030825 90030826 120030829 440030831 40030832 240030833 16030834 95030836 140030837 32030838 65030839 26030840 50030841 50030842 220030843 3200

30844 100030845 280030846 32030847 90030848 100030849 1100

30850 15030851 190030852 60030853 120030854 300030855 130030856 200030857 80030858 220030859 90030860 15030861 60030862 28030863 22030864 38030865 65030866 50030867 30030868 70030869 40030870 18030871 20030872 55030874 100030876 120030879 55030880 1000

30883 22030884 400030885 240030886 280030887 420030888 150030891 130030892 550030893 150030894 44030897 110030898 19030899 15030900 55030904 70030905 70030906 16030907 850030908 320

30909 460030910 24030911 140030912 140030913 22030914 120030915 10030916 15030917 75030920 22030921 28030922 17030923 200030924 160030925 85030926 65030927 70030928 42030929 16030931 10030932 32030933 9030934 400030936 24030937 26030938 36030939 550

30940 55030944 30030945 500030949 50030950 140030951 85030952 85030953 55030954 19030955 36030956 20030958 30030959 26030960 85030961 200030962 38030963 80030964 26030965 380

30966 100030967 8530968 100030969 50030970 28030971 28030972 17030973 36030974 220030975 85030977 30030978 70030979 60030980 60030981 70030982 55030983 80030985 100030986 30030990 65030991 130030992 24030993 650030994 32030995 19030996 80030997 280

30998 300030999 42031000 70031002 60031003 46031004 32031005 200031006 380031007 30031008 160031009 150031010 28031011 22031012 70031013 160031014 240031015 220031016 190031017 85031018 15031019 220031020 220031021 20031022 60031023 55031024 200031025 24031027 150031028 75031029 48031030 95031031 280031033 50031036 14031037 110031038 80031039 110031040 110031041 50031042 140031043 55031044 42031045 60031046 80031047 300031049 28031050 48031051 38031052 120031053 280031054 20031055 75031056 40031057 48031058 24031059 480031060 75031061 420

30790 Est. 1’500 Result 10’073

30907 Est. 3’000 Result 10’073




31062 24031063 55031064 80031065 90031067 36031068 32031069 30031070 60031071 36031074 220031075 270031077 1000

31078 95031079 150031080 55031081 48031082 400031084 240031085 260031086 300031087 65031088 110031089 1000031090 2400

31091 46031092 48031093 220031094 150031095 22031096 15031097 24031098 36031099 30031100 48031101 40031102 440

31103 42031104 11031105 15031106 110031107 11031108 55031109 36031110 32031111 120031112 750031114 10031115 550031116 28031117 140031118 650031119 600031120 170031121 50031123 650031124 95031125 50031126 240031127 48031128 50031130 42031131 120031132 32031134 22031136 75031137 200031140 70031141 110031143 44031144 400031145 400031146 55031147 42031148 42031149 38031151 48031152 380

31153 34031154 28031155 65031156 32031157 34031158 46031159 48031160 25031161 50031162 95031163 24031164 28031165 50031166 220031167 300031169 44031172 25031173 19031174 24031175 46031176 48031182 48031183 50031184 90031185 260031186 30031187 46031188 100031189 200031191 22031193 240031194 46031195 42031197 32031198 26031199 8031200 30031201 18031205 100031206 320031209 500031210 220031211 22031212 80031213 460031214 12031215 140031216 150031217 45031218 50031220 40031221 220031222 140031223 110031224 340031225 600031226 46031227 850

31228 280031230 280031231 38031232 140031233 180031234 30031235 75031236 90031237 85031238 55031239 50031241 46031242 40031244 90031245 60031248 380031250 40031252 190031255 75031256 38031258 380031259 13031261 19031262 34031263 34031264 16031265 95031266 80031267 28031269 40031270 22031273 16031274 600031275 480031278 7031279 20031280 190031281 180031282 140031283 75031284 65031285 48031286 95031287 95031288 60031289 30031290 130031291 46031292 120031293 70031294 110031295 42031296 42031298 150031301 55031302 32031303 420031305 1300

31112 Est. 2’500 Result 8’888

31118 Est. 1’500 Result 7’703

31123 Est. 3’000 Result 7’703



10 Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bid


31306 17031308 46031309 32031310 60031311 500031313 22031314 32031315 19031316 16031318 20031319 55031320 34031321 28031322 32031323 42031324 44031325 60031326 50031327 28031331 110031333 50031334 55031335 36031336 100031337 380031338 380031339 30031340 28031341 190031342 95031343 500031344 280031345 1000031347 360031348 80031349 440031350 380031351 340031352 90031353 95031355 120031357 2200031358 1800

31359 50031360 90031361 75031362 30031363 300031364 650031365 240031366 24031368 28031369 48031370 400031372 65031374 95031376 60031377 70031378 12031379 40031381 650031382 65031383 1500031384 1700031385 320031386 28031387 24031388 15031389 30031390 40031391 85031392 95031393 180031394 40031395 42031396 30031397 170031398 300031399 70031400 48031401 60031402 70031403 60031404 15031405 90031406 70

31407 240031408 48031409 28031410 46031411 440031412 320031414 95031416 500031417 36031420 650031421 900031422 85031423 110031424 50031425 200031426 1400

31427 130031428 30031429 50031430 36031431 38031432 48031433 30031435 55031436 150031437 65031438 65031439 60031440 240031441 180031443 5500

31444 320031445 600031446 750031448 650031449 32031451 48031452 340031453 60031455 40031456 90031458 85031460 140031461 95031462 300031463 750

31464 70031465 400031467 380031468 420031470 130031474 65031475 30031476 38031480 46031482 26031483 50031484 32031485 240031488 55031489 360

31490 48031491 420031492 28031494 40031495 95031496 160031498 30031499 38031500 65031501 42031502 32031503 30031504 32031505 60031507 42031508 100031509 85031512 80031515 30031516 120031517 50031518 60031519 26031520 80031521 24031522 65031523 65031524 65031525 160031526 500

31528 90031529 100031531 80031532 65031533 50031534 48031535 70031536 70031538 260031541 38031542 60031543 85031548 140031549 55031550 1500

31551 55031552 120031553 100031554 160031557 42031560 65031561 42031562 130031564 40031568 320031569 160031571 80031572 50031574 80031575 80031576 80031577 70031581 260031582 150031586 150031587 220031588 140031589 44031590 22031591 60031592 3000031593 140031594 1000031595 1100031596 2200

31384 Est. 3'000 Result 20’145

31421 Est. 5'000 Result 10’665

31446 Est. 3'000 Result 8'888



11Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bidPrices may include lots bought back under reserve

31597 130031599 140031600 110031601 140031602 300031605 220031606 80031607 1600031608 800031609 600031610 150031612 480031613 100031614 15031616 15031617 650031618 480031620 320031622 220031625 55031627 19031628 700031630 460031632 800031636 70031637 9031640 140031642 100031643 55031644 190031645 22031646 90031647 85031650 11031652 50031654 260031656 12031657 19031658 220031662 55031663 32031664 17031665 2000

31666 11031667 30031668 11031669 380031673 12031674 260031675 100031676 90031677 140031678 90031679 100031680 100031681 300031682 320031683 32031685 150031687 70031689 32031691 32031692 19031693 85031694 85031695 200031696 95031700 280031701 22031702 650031703 170031704 140031705 11031706 50031707 80031708 75031709 24031711 140031713 400031717 32031718 36031719 28031721 110031723 110031724 12031726 190

31727 24031728 34031730 46031731 38031732 65031733 42031734 55031735 44031736 48031738 150031739 140031741 22031743 28031744 140031745 500031747 28031748 28031752 200031753 460031754 800031755 240031756 320031757 750031758 600031759 95031762 75031763 18031764 75031765 14031766 48031767 34031768 42031769 32031770 18031771 120031772 950031773 20031774 19031775 22031776 420031777 22031778 20031779 220

31780 19031781 320031782 16031783 24031784 30031785 18031786 24031787 20031788 20031789 26031790 42031791 17031792 24031793 20031794 40031795 24031796 15031797 20031798 22031799 20031800 20031801 26031802 18031803 28031804 24031805 22031807 20031808 18031809 15031810 42031811 17031812 19031813 18031814 18031815 90031816 22031817 20031819 22031820 18031821 18031822 20031823 14031824 22031825 30031826 19031827 22031828 85031829 15031830 26031832 46031833 13031834 18031835 20031836 15031837 20031838 18031839 18031840 200

31841 42031842 22031843 13031844 20031845 18031846 32031847 16031848 18031849 18031850 22031851 26031852 110031853 42031854 18031855 18031856 13031857 13031858 18031859 15031860 50031861 48031862 20031863 24031864 140031865 120031866 50031867 260031868 60031869 75031870 40031871 200031872 28031873 28031874 180031875 48031877 360031878 85031879 140031880 30031881 36031882 36031882A 2400031883 36031884 46031885 900

31886 18031887 26031888 32031889 17031890 20031891 22031892 32031893 26031894 28031895 22031895A 3600031895B 2200031896 50031897 32031898 16031899 22031900 10031901 9531902 10031903 90031904 700031905 36031906 110031907 20031908 80031909 30031910 36031911 40031912 55031915 24031916 36031917 20031918 24031920 50031922 32031923 1100031924 65031925 30031926 80031927 220031928 60031929 400031930 360031931 22031932 400

31607 Est. 8'000 Result 18’960

31867 Est. 900 Result 3’081





31933 55031934 32031935 32031936 50031937 40031940 420

31942 32031946 30031947 65031948 70031949 20031950 100031952 28031954 26031955 44031956 30031957 30031958 15031959 75031961 550031962 34031963 26031964 22031965 18031967 15031968 40031971 15031972 22031973 90031974 22031975 65031976 360

31977 80031978 40031979 120031980 280031981 28031982 850

31983 150031984 70031985 85031988 120031989 10031991 55031993 10031994 44031995 550031997 240031998 65031999 550032000 320032001 220032002 65032003 50032004 42032005 55032006 42032007 17032008 36032009 28032010 20032011 22032012 60032013 950

32014 22032015 55032016 26032017 80032018 30032019 1500

32020 32032021 22032022 44032023 180032024 180032025 200032026 30032027 19032028 40032030 60032031 65032032 38032036 10032037 380032038 24032039 48032040 15032041 11032042 60032048 24032049 36032050 70032051 22032052 40032054 48032055 550

32056 42032057 10032060 40032061 32032063 22032064 65032065 220032066 95032068 140032069 120032071 55032072 48032073 38032074 28032075 55032076 38032077 38032078 10032080 190032081 65032082 50032083 44032084 30032085 13032086 40032087 95032088 46032089 100032090 70032091 40032092 260032093 280032094 300

32095 120032096 40032097 40032098 10032099 240032100 22032103 48032104 30032106 170032107 120032108 55032109 130032110 18032111 15032114 75032115 55032116 260032119 22032120 280032124 850032126 750032127 70032128 300032129 550032130 420032132 65032133 180032134 130032135 55032136 60032137 95032138 22032139 80032140 70032141 50032144 80032145 100032146 20032147 22032148 32032149 300032150 130032151 140032153 1300

32154 650032155 150032156 100032157 90032159 50032160 15032161 30032163 34032164 44032165 17032166 150032167 95032169 460032171 75032172 46032173 28032174 16032175 55032176 48032177 48032178 42032180 140032181 50032182 16032183 20032184 15032185 30032186 110032187 130032188 30032189 260032190 95032191 300032192 90032193 120032194 85032195 60032196 180032197 40032198 95032199 300032200 75032201 130032202 7000

31895B Est. 12'000 Result 26’070

31923 Est. 7'500 Result 13’035

32169 Est. 500 Result 5’451



13Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bidPrices may include lots bought back under reserve

32203 120032204 130032205 180032206 60032208 240032209 90032210 900032211 15032212 75032213 15032214 42032215 75032216 22032217 30032218 80032219 28032220 420032221 46032222 55032223 85032224 26032225 44032226 1000032227 280032228 24032229 260032230 90032231 65032232 170032233 280032234 700

32235 5032237 22032238 110032240 140032242 9532243 42032244 12032245 28032246 38032247 38032248 22032252 14032253 14032254 36032255 19032256 60032258 48032259 24032264 32032265 100032266 9032267 65032268 65032271 75032272 80032274 18032275 18032276 28032277 18032278 32032279 600

32280 19032281 65032282 22032283 36032286 50032287 50032288 65032289 13032292 80032293 110032294 85032295 48032296 26032297 30032298 28032300 140032301 26032302 36032303 38032305 95032306 60032307 20032308 42032309 46032310 15032312 220032313 50032315 60032316 60032317 55032318 60032319 60032321 34032322 55032323 26032324 140032325 34032327 80032328 60032329 100032330 85032331 60032332 320

32334 65032335 120032336 20032340 380032341 50032343 40032344 170032345 42032349 260032350 480032351 3000032352 600032354 48032355 38032356 22032357 22032358 48032359 650032360 420032361 60032363 28032364 65032365 30032366 30032367 40032368 65032369 50032370 70032371 32032372 48032373 42032374 55032375 26032376 50032377 60032378 48032379 55032380 40032381 300032383 80032384 48032385 32032386 32032387 100032389 42032391 26032392 190032393 600032394 150032395 220032396 280032397 150032398 480032399 90032400 1000032401 75032402 190032403 600

32404 380032405 38032406 65032407 50032408 380032409 120032410 100032411 42032414 42032415 340032418 65032419 40032420 60032421 100032422 65032423 70032425 40032428 320032429 140032430 65032431 180032432 190032433 150032434 300032436 240032439 140032440 120032443 40032444 60032445 32032446 48032447 38032448 65032449 150032450 55032451 220032452 22032454 17032455 42032458 80032459 190032460 11032461 150032463 65032464 90032465 65032466 650

32467 95032468 32032469 28032470 46032471 80032472 180032473 110040000 8000040000A 12500040001 65040002 160040003 80040005 90040006 65040007 48040008 65040009 440040011 95040012 95040013 85040014 20040015 160040016 240040017 60040018 80040019 140040020 70040021 15040022 30040023 42040024 110040025 280040026 100040027 600040028 60040029 70040030 120040031 120040032 90040033 70040034 320040035 55040036 100040037 75040038 95040039 65040040 4200

32191 Est. 1'500 Result 3’555

32202 Est. 4'000 Result 8’295

32226 Est. 2'000 Result 11’850



1� Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bid


40041 480040042 850040043 80040044 180040045 75040046 260040047 140040048 150040049 340040050 60040051 40040051A 600040052 130040053 95040054 280040054A 440040055 300040056 130040057 500040058 140040059 85040060 65040061 85040062 100040063 120040064 75040065 22040066 150040067 360040068 700040069 140040070 65040071 48040072 50040073 36040074 240040075 95040076 32040077 150040078 1000040079 85040080 95040081 280040082 40040083 75040084 30040085 85040086 32040087 42040089 850040090 55040091 85040092 44040093 550040094 140040095 60040096 38040097 700

40098 28040099 28040100 80040101 48040102 48040103 380040104 75040105 60040106 60040108 28040109 34040110 75040111 300040112 50040114 32040115 160040116 42040117 60040118 24040118A 1000040119 1000040120 65040121 95040123 32040124 14040125 85040126 200040127 3400040128 600040129 70040130 60040131 48040132 32040133 75040134 90040135 120040136 80040137 16040138 48040139 18040140 38040141 55040142 28040143 28040144 80040145 14040146 60040147 38040148 11040149 60040150 170040151 1600040152 1400040153 360040154 850040155 70040156 75040157 600

40158 950040159 19040160 28040161 110040162 130040163 300040164 44040165 180040166 220040167 70040168 55040169 200040170 90040171 900040172 750040174 440040175 19040176 130040177 160040178 600040179 44040180 170040181 240040182 260040183 200040184 220040185 380040186 300040187 240040188 140040189 200040190 440040191 170040193 150040194 280040195 80040196 320040197 400040198 85040199 80040200 60040201 320040202 140040203 220040204 150040205 550040206 90040207 220040208 130040209 180040210 220040211 650040212 55040213 75040214 380040215 40040216 360040217 15000

40218 380040219 220040220 55040221 65040222 44040223 22040224 360040225 500040226 3000040227 180040228 240040229 260040230 110040231 240040232 700040233 44040234 130040235 60040236 48040237 26040238 140040239 30040240 30040241 70040242 17040243 22040244 15040245 75040246 16040247 60040248 1300040249 75040250 85040251 40040252 240040253 120040254 150040255 850040256 30040257 42040258 80040259 85040260 120040260A 240040261 26040262 70040263 240040264 24040265 160040266 280040267 60040268 120040269 130040270 120040271 120040272 80040273 50040274 1700

40275 130040276 12040277 480040278 300040279 170040280 75040281 75040282 550040283 28040284 70040285 140040286 55040287 80040288 130040289 75040290 900040291 40040292 24040293 22040294 75040295 500040296 260040297 12000040298 460040299 1000040300 1400040301 1200040302 120040303 650040304 75040305 320040306 190040307 190040308 42040309 140040310 320040311 220040312 160040313 300040314 400040315 1200040316 40040317 46040318 38040319 220040320 140040321 20040322 130040323 220040324 340040325 50040326 150040328 60040329 75040330 700040331 340040332 110040333 700

40334 60040335 90040336 600040337 60040339 170040340 110040341 32040342 260040343 6040344 20040345 50040346 75040347 42040349 55040350 500040352 150040354 300040357 40040358 42040359 240040360 180040361 300040362 420040363 60040364 320040365 20040366 160040367 100040368 150040369 130040370 350040371 48040372 32040373 55040374 100040375 260040377 150040378 400040379 420040380 440040381 80040382 38040383 120040384 30040385 40040386 42040387 140040388 30040389 120040390 30040391 40040392 440040393 200040394 260040395 80040396 16040397 220040398 750



1�Prices do not include buyers’ premium and chargesLots not included in this list were either withdrawn or did not bring a bidPrices may include lots bought back under reserve

40399 32040400 340040401 80040403 300040404 160040405 260040406 180040408 180040409 60040410 500040411 26040412 800040413 50040414 40040415 900040416 26040417 300040418 26040419 140040420 60040421 1500040422 190040423 500040424 170040425 42040426 36040427 220040428 2700040429 140040430 320040430A 700040431 150040432 300040433 440040434 420040435 30040436 280040437 320040438 160040439 46040440 180040441 95040442 110040443 95040444 75040445 65040446 100040447 85040448 170040449 140040450 110040451 65040452 280040453 380040454 360040455 42040456 46040457 16000

40458 200040459 600040460 95040461 380040462 260040463 60040464 65040465 300040466 18040467 440040468 44040469 140040470 24040471 130040473 75040474 150040475 150040476 90040477 1400040478 220040479 55040480 75040481 22040482 340040483 180040484 36040485 20040486 120040487 140040488 55040489 70040490 9040491 1500040492 20040493 380040494 220040495 190040496 100040497 650040498 24040499 60040500 95040501 100040503 70040504 380040505 950040506 110040507 140040508 36040509 160040510 440040511 5040513 950040514 36040515 750040516 480040517 220040518 1000

40519 1700040520 130040521 150040522 55040523 60040524 65040525 120040526 48040527 40040528 400040529 95040530 170040531 190040532 26040533 500040534 550040535 110040536 110040537 120040538 36040539 120040540 60040542 48040543 40040544 320040545 320040546 130040547 500040548 85040549 180040550 240040551 180040552 360040553 28040554 50040555 15040556 65040557 28040558 95040559 10040560 13040561 100040562 170040563 40040564 48040565 160040566 55040567 30040569 440040571 140040572 110040573 42040574 1000040575 34040576 120040577 110040578 160040579 700

40580 280040581 750040582 360040583 70040584 42040585 65040586 55040587 220040588 75040589 1600

40590 440040591 220040592 30040593 65040594 850

40595 80040596 75040597 36040598 65040599 75040600 85040601 300

40602 19040603 24040604 440040605 100040606 70040607 95040608 120040609 34040610 120040611 1000

40612 85040613 480040614 36040615 22040616 220

40616A 1000040617 44040618 1000

SWITZERLAND

50000 110050001 65050002 85050004 18050005 28050006 1300

50007 2200050008 950050009 220050010 65050011 3200

50012 3400050013 950050014 1100050015 65050016 70050017 150050018 6500

50007 Est. 15'000 Result 26’070

50012 Est. 30'000 Result 40’290





50019 70050020 2600050021 420050022 800050023 220050024 700050025 140050026 120050027 44050028 38050029 75050030 300050031 700050032 38050033 65050034 160050035 300050036 280050037 190050038 55050039 95050040 90050041 13050042 80050043 28050044 26050045 11050046 13050047 16050048 130050049 65050050 18050051 7050052 28050053 60050054 2000

50055 48050056 40050057 12050058 48050059 70050060 150050061 200050062 10050063 13050064 14050065 75050066 40050067 300050068 46050069 65050070 100050071 42050072 340050073 11050074 16050075 130050076 42050078 28050079 32050080 20050081 20050082 32050083 140050084 70050085 30050086 170050087 90050088 13050089 320050090 170050091 170050092 140050093 75050094 60050095 22050096 36050097 70050098 190050099 100050100 95050101 120050102 90050103 42050104 140050105 90050106 55050107 19050108 12050109 48050110 70050111 280050112 140050113 220

50114 15050115 340050116 130050117 420050118 420050119 60050120 120050121 16050122 85050123 85050124 85050125 7050126 70050127 24050128 120050129 19050130 22050131 380050132 300050133 85050134 10050135 240050136 28050137 600050138 50050139 44050140 15050141 180050142 240050143 80050144 85050145 32050146 70050147 170050148 12050149 70050150 160050151 160050152 19050153 38050154 1200050155 380050156 160050157 10050158 46050159 80050160 90050161 14050162 19050163 18050164 13050167 46050168 36050169 32050170 34050171 22050172 380050173 480

50174 42050175 60050176 22050177 46050178 100050179 22050180 150050181 150050182 95050183 44050184 22050185 55050187 9050188 140050189 13050190 17050191 50050192 13050193 42050194 40050195 55050196 85050197 140050198 55050199 120050200 300050201 110050202 140050203 85050204 55050205 55050206 65050207 34050208 34050209 19050210 90050211 24050212 85050213 65050214 32050215 22050216 48050217 18050218 19050219 90050220 55050221 22050222 40050223 75050224 42050225 44050226 380050228 60050229 65050230 70050231 110050232 80050233 750

50236 60050237 30050238 42050239 320050240 260050241 360050242 30050243 30050244 160050245 120050246 120050247 30050248 340050249 22050250 22050251 850050252 850050253 28050254 70050255 22050256 200050257 160050258 220050259 70050260 13050262 42050263 10050264 90050265 60050266 48050267 20050268 26050269 10050271 48050272 10050273 130050274 38050275 130050277 300050280 70050281 14050283 13050284 380050285 360050286 17050287 140050288 1300

50289 120050290 110050291 260050292 32050293 50050294 42050295 48050296 55050297 50050298 1200050299 320050300 150050301 30050308 40050309 220050310 160050311 60050312 80050313 44050314 75050315 170050316 34050317 30050318 48050319 60050320 150050321 95050323 8050324 26050325 22050326 65050327 60050328 160050329 110050330 200050331 32050332 30050333 30050334 14050335 42050336 20050337 12050338 40050339 46050340 75050341 750050342 380

50086 Est. 800 Result 2’015

50089 Est. 1'000 Result 3’792

50154 Est. 8'000 Result 14’220




50343 130050344 190050345 40050346 1400050347 80050348 40050349 240050350 700050351 34050352 850050353 240050354 1300050355 320050356 260050357 48050358 36050359 75050360 130050361 140050362 30050363 200050364 800050365 38050366 130050367 120050368 95050369 650050370 150050371 24050372 65050373 28050374 40050375 80050376 190050377 42050378 20050379 75050380 240050381 15050382 90050383 24050384 34050385 180050386 110050387 40050388 120050389 2000

50390 85050391 75050392 340050393 48050394 36050395 240050396 160050397 10050398 34050399 22050403 24050404 32050405 90050406 420

RARITIES

60000 5500060001 1900060002 26000060003 3200060004 800060005 1100060006 750060007 650060008 1500060009 550060010 480060011 3000060013 1800060014 600060015 1800060016 500060017 3800060019 3200060021 2600060022 14000

60025 200060026 1000060027 380060028 3200060029 9000060030 2000060032 4800060033 2800060034 800060035 5000060037 1200060038 600060039 170060040 1300060041 1200060042 12000060043 1300060044 1400060046 9500

60047 2800060048 1900060051 900060052 1500060053 11000

60055 480060056 380060057 240060058 1000

60059 80060060 350060062 440060063 180060064 1700

60065 500060066 320060067 110060068 240060069 80060070 60060071 160060072 60060073 240060074 40060077 60060079 90060080 300060081 80060082 85060083 120060084 140060085 110060086 75060088 1500

60089 60060090 1600060091 350060092 340060093 2400

60094 160060095 80060096 85060097 60060098 80060099 130060100 80060101 95060104 800060106 600060107 600060111 180060112 100060113 170060114 1000

60003 Est. 8'000 Result 37’920

60028 Est. 15'000 Result 37’920

60090 Est. 10'000 Result 18’960

50298 Est. 15'000 Result 14’220





PERSIA &

MIDDLE EAST

70000 380070001 100070002 300070003 46070004 26070005 190070006 190070007 32070008 16070009 150070010 65070011 20070012 160070013 34070014 24070015 50070016 32070017 150070018 36070019 110070020 260070021 55070022 180070023 200070024 42070025 65070026 85070028 19070029 46070030 65070031 130070032 70070033 48070034 44070035 48070036 60070037 15070038 300070039 75070040 38070041 400

70042 75070043 20070044 70070045 90070046 100070047 100070048 110070049 85070050 100070051 100070052 200070053 55070054 90070055 750070056 440070057 220070058 85070059 320070060 42070061 24070062 34070063 24070064 30070065 65070067 200070069 40070070 40070071 44070072 38070073 420070074 300

70075 60070076 150070077 42070078 20070080 60070081 300070082 44070083 20070084 60070086 40070087 170070088 170070089 170070090 20070092 40070093 80070094 46070095 44070096 65070097 34070098 60070099 32070101 340070102 300070103 130070104 48070105 65070106 130070108 55070109 65070110 38070111 80070112 46070113 75070115 20070116 14070117 80070118 70070119 120070120 55070121 75070122 60070123 46070124 300

70125 28070126 34070127 26070128 60070129 600070130 19070132 32070133 20070135 28070136 55070137 55070138 40070139 44070140 85070141 26070142 30070143 60070144 28070145 80070146 38070147 60070148 100070149 800

70150 26070151 40070152 140070154 2600

70155 420070156 50070157 50070158 40070160 50070161 325

70162 600070163 30070164 70070165 480

70166 170070167 42070168 150070169 36070170 95070171 1800

70172 65070173 360070174 95070175 360

70059 Est. 400 Result 3’792

70056 Est. 400 Result 5’214

70073 Est. 600 Result 4'977

70101 Est. 600 Result 4'029

70155 Est. 600 Result 4'977




70176 120070177 20070178 65070179 60070180 55070182 36070183 55070185 220070186 40070187 75070188 240070189 90070191 10070192 65070193 15070194 32070195 36070196 240070197 65070198 85070199 120070202 50070203 15070204 26070205 75070206 32070207 100070208 150070209 36070216 40070217 15070218 40070220 40070222 16070223 15070225 70070226 40070228 28070229 42070231 15070232 65070233 80070234 55070235 16070236 55070237 240070238 170070239 26070240 46070242 32070243 190070244 240070245 38070246 100070247 22070248 38070249 32070250 440

70251 75070252 28070254 11070255 28070260 11070261 16070262 24070263 28070266 16070267 46070268 32070271 28070272 32070273 11070274 100070276 36070277 8070279 10070280 10070281 24070282 10070284 10070285 8070289 65070290 85070292 40070293 120070294 120070295 110070296 65070297 60070299 42070301 16070310 40070311 22070319 12570320 12570321 12570322 160070323 200070324 65070331 220070332 110070333 160070334 240070335 55070336 48070337 42070338 170070339 38070340 40070341 60070342 70070343 8070344 650070345 550070346 180070347 900

70348 16070349 380070350 100070351 150070352 360070353 70070354 90070355 40070356 65070357 150070358 120070359 180070360 440070361 1100070362 150070363 130070364 140070365 120070366 55070367 120070368 60070369 16070370 500070371 50070372 38070373 30070374 120070375 14070376 48070377 34070378 55070379 20070381 32070382 19070383 19070384 24070385 10070388 30070389 340070390 19070391 40070393 42070394 160070396 65070397 46070398 110070399 10070400 40070401 95070402 32070406 24070407 20070409 110070410 50070411 50070412 44070413 15070414 1900

70415 100070416 50070418 30070420 1500070421 7070422 95070423 14070424 46070425 10070426 65070427 30070428 30070429 24070430 65070431 75070432 20070433 28070434 46070435 40070436 32070438 34070439 60070440 40070441 180070442 75070443 14070446 32070447 18070449 50070450 44070451 34070452 15070453 10070454 32070455 75070456 50070457 60070458 60070459 60070460 19070461 180070462 95070463 150070464 95070465 22070466 28070467 32070468 42070470 50070471 90070472 42070473 130070474 42070475 95070476 28070477 65070478 95070480 300

70481 13070482 80070483 120070485 24070486 18070489 36070490 32070491 17070492 42070493 1000070496 55070497 24070498 65070501 20070502 30070503 75070504 34070505 46070506 800070507 70070508 48070509 70070510 55070511 62070512 85070513 260070514 70070515 24070516 10070517 15070518 55070519 420070520 170070521 12070522 110070523 60070525 14070526 85070528 42070529 15070530 11070531 20070532 46070533 46070534 44070535 55070537 48070538 30070539 28070540 46070541 60070542 60070543 11070544 75070545 50070546 110070547 55070548 200

70550 11070551 55070552 60070555 38070557 50070558 7570559 18070561 110070563 50070564 75070565 14070568 44070569 180070570 140070571 160070572 90070573 95070576 5570577 32070578 48070579 46070580 38070581 40070582 13070584 26070585 32070586 26070587 80070588 16070590 19070591 19070592 14070593 280070595 55070596 110070598 100070599 10070600 30070601 22070603 20070604 14070608 14070609 26070610 22070611 260070612 11070614 48070615 50070616 60070617 14070618 38070619 38070620 20070621 28070622 48070624 22070625 18070626 340





70628 44070629 8070630 48070632 17070633 42070634 14070635 18070636 26070637 26070638 26070639 12070640 12070641 12070642 30070643 150070644 15070645 65070646 50070647 55070648 55070649 100070650 36070652 400070653 130070654 26070655 42070657 30070659 46070660 40070661 44070662 26070663 32070665 40070666 20070667 40070668 30070671 15070673 18070674 60070676 32070677 34070679 22070680 20070681 26070682 36070683 26070684 32070685 34070686 60070687 70070689 50070691 75070692 36070694 20070695 10070698 30070699 55070701 850

70703 14070704 10070705 34070706 85070707 10070709 44070710 26070711 16070712 85070713 20070714 110070715 60070718 19070719 520070720 320070721 320070722 70070723 19070724 80070726 40070728 32070729 65070732 28070733 30070736 28070737 40070739 30070741 50070743 34070746 13070747 65070749 80070751 30070753 32070758 70070760 22070761 30070764 20070765 12070775 120070776 220070777 320070778 30070779 75070781 22070785 36070786 120070789 40070790 10070796 50070799 40070800 12070801 55070802 22070804 30070806 24070807 85070808 850

70809 90070810 90070814 22070819 30070820 40070822 26070825 36070826 20070830 15070833 90070834 30070835 44070836 40070840 70070841 85070845 130070846 70070848 32070849 26070850 300

70361 Est. 2'000 Result 13'035

70196 Est. 500 Result 2'844

70224 Est. 300 Result 2'844 70349 Est. 300 Result 4'503

21

David Feldman - Official Exhibition Auctioneer

Special Auction in Washington D.C. Wednesday, May 31, 2006.Distinguished items are eagerly sought

for this auction and the June 2006 General Sale.

If you have a suitable item, please contact us as soon as possible.Special conditions can be considered.

David Feldman SAPHILATEL ISTS w AUCTIONEERS

175, route de Chancy w P.O.Box 81 w 1213 Onex, Geneva w Switzerland w Tel. +41 (0)22 727 07 77 w Fax +41 (0)22 727 07 78 w [email protected]

Rarities of the World

22

David Feldmanworld leading stamp auctioneers

nextauctionseriesFeldman Galleries, Geneva

Washington,May31,2006

Geneva,June7-11,2006

Please consign

as soon as possible to ensure

optimalpresentation and results.

........................................

............................

David Feldman S.A.

175, route de Chancy,

P.O. Box 81,

1213 Onex, Geneva,

Switzerland.

Tel.: +41 (0)22 727 07 77

Fax: +41 (0)22 727 07 78

Email: [email protected]

Website: www.davidfeldman.com

DF presents the global auction

David Feldman the only live multi-city auction

LONDON

GENEVA

NEW YORKBRUSSELS

PARIS

HONG KONG

VIENNA STOCKHOLM

A new era in the history of auctions has arrived. DavidFeldmanCompany has the unique facility to hold an auction in several places “live” at the same time. Noothercompanyintheworldhasyetdevelopedorcanoffersuchanadvantageforbothbuyersandsellers.

Wecannowauctionyourcollectionwhereitsellsbestandifthisincludesseveralplaces,wecanincludethemall,aswellastakingadvantageofSwitzerland'sfinancial,fiscal,andimport/exportstructureasthebasecountryoftheoffer.

Or participate at home "LIVE" by logging onto www.davidfeldman.com and bidding direct realtime during the next auction series.

a client said

“...my collection should be sold in USA or England for the best result

but I prefer dealing with a Swiss Company like David Feldman

as you have given me such good service over the years.

Thank you for explaining and offering that my collection can be auctioned in New York,

London and Geneva at the same time. It will be delivered to you at the

appropriate time...”

DavidFeldmanSA w 175, route de Chancy w P.O. Box 81 w 1213 Onex, Geneva w SwitzerlandTel: +41 (0)22 727 07 77 w Fax: +41 (0)22 727 07 78 w [email protected] w www.davidfeldman.com

BOSTON

MOSCOW

Sold as one Lot 60002, 60020, 60023,60024, 60036, 60054

Est. 212’000 Result 308’100