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Because of the large auction market and the greatnumber of professionals eager and financially able toacquire worth-while collections to almost any value, thecollector can realize this salvage value rather quickly,just as quickly, in fact, as he could sell his stocks orbonds. This situation gives the collector a sense ofsecurity that might well be lacking were not such excel-lent facilities at his command. *An exception would be the collection of the late President Frank-lin D. Roosevelt. Collectors and friends paid enormous prices whenthis collection was sold at auction. In fact, the collection brought morethan twice its appraised valuation. However, this was not the philatelicvalue of the stamps going under the hammer; this was an abnormalpersonal value which the buyers attached to anything once owned by |
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