Philas Auctions

Philas  Auction Update Report

30th March 2024                                                               

Auction #143 on Saturday 25th May

Preparations for this auction of bulk material continue.  More than 800 lots have been prepared, with total estimates in excess of $150,000.  The auction catalogue has been a work in progress for 18 months, updated as material has been received.

In appreciation of the patience of our vendors and club members over that time, the vendor commission and buyer premium have been reduced to 10% for this auction, and the administration fee per lot has been waived.

The auction is to be conducted in a community hall nearby, and lots acquired are to be provided to successful bidders from Egerton Street.

We have ceased to accept new consignments for listing in this auction, and we continue to break down and describe the remaining material on hand.  It is expected that this phase will be completed by 13th April, from which time the catalogue can be completed and lots numbered.

Data entry related to the production of the catalogue and preparation for the auction then is to commence, and will continue until auction day, and the catalogue will be printed and mailed.

We need people to assist with data entry and preparation for the mailout, and then with the recording of absentee bids.

On Saturday 18th May and from Wednesday 22nd May to Friday 24th May, help is needed to supervise viewing.  Evening viewing is to be available on Thursday.

On auction day we need a minimum of 24 people to assist with the recording of room bids, draft of invoices and payments at the auction venue, and the delivery of lots to purchasers at Egerton Street.

A few of our regular staff from Brisbane Street have backed up at Silverwater, assisted by a couple of newcomers, and three members of the Wyong club have made the round trip on six occasions.

If enough people do not step up during the next seven weeks, completion of necessary tasks will be delayed, and the auction inevitably will be postponed.  If you have material for sale in this auction, or if you are a regular bidder and look forward to bidding with us again, I suggest you have a vested interest in the continuation of our auction program, and you more than most others should consider stepping up to assist to ensure the program goes ahead.  We offer the opportunity to learn more about stamps and collecting, the acquisition of new skills especially in data entry tasks, and opportunities for convivial chat over morning tea and lunch, which are provided.

After the auction, assistance will be needed to pack and mail lots to successful purchasers.  If enough people do not offer to help, this phase may take six months.  Obviously, such a lengthy delay in despatch is not desirable.

Pending a decision about the future accommodation needs of PHILAS, unfortunately the Silverwater location, as difficult as it is to reach, and as makeshift a workplace as it is, remains our only option.

 Auction #144 in November

Preparations for a resumption of our ‘business as usual’ auction program in November continue.

It is expected that our new database and online platform will be functional by then, so we will be able to offer ‘live’ online bidding to complement room bidding.

Further consignments of high quality scarcer material are sought.

We can continue to assess collections in the homes of prospective vendors, but difficulties with transit insurance prevent us from accepting consignments off site.  Vendors will have to arrange to transport of material to our office.

Choice material from the Australian Commonwealth Kangaroo and KGV definitive series and British Commonwealth are included.  This is augmented by the balance of the Ron Flower Commonwealth collection unsold at Auction #141.  A large selection of second grade material is to be available for absentee bidding only, and the usual bulk material also is to be offered.

Michael Nibbs

Auction Manager

Mobile: 0466 228 182