CHICAGO ---UPDATE This is a summary of this past weekend .There was both a major stamp auction and the CHICAGOPEX stamp show . First the stamp show was a big success ,there was lots of people {all ages},the exhibits were very interesting with lots of Czech,Hungary,Polish and Russian exhibits also a awards literature section {even the TONGA PROV. ISSUES {2002-04} by Steven Zirinsky won a medal for his research report },looks like a lot of good research papers are being published ,the list is too long to post here but its a broad range of subjects . The dealers at the show did a good amount of sales and many were happy. I spent time helping a dealer friend {he lost his way to the bathroom and stopped to visit friends } my sales numbers for the 45 minutes was impressive sold lots of annual album pages and stockbooks {blank new books of 8,16,32 pages }lots of little philatelic items were selling well like black trays,hinges and tongs .Over all was surprised how much of that stuff sells to older collectors . Sat a while over by another friend who sells individual sets and stamps on black 102 cards out of red boxes and was interesting how many people came by with want list to go thru his red dealer boxes .It stuck me that he has to add hundreds of new cards and new material to his inventory each show because he sells hundreds of them each day . My purchases were what I showed early with some item for my collection in the area of Austo-Hungarian Parcel Cards of the monarchy period 1867-1914 with transit markings to foreign offices {offices in the turkish empire}. The stamp auction was mostly for collections and box lots and that type of material,nothing of interest for me but guess who was the biggest buyer ,it was Jay's favorite dealer ----N.Y.STAMPS, yes they were a huge buyer tons of boxes the more boxes the higher he bid ,he must of purchase a truck full of cartons .There were a lot of E-BAY sellers at this auction ,to sum it up the stuff sells and it sells well .Prices much higher than years past and much higher than the old days when you could buy boxes of material because no one else was buying it . The old time collectors cry about the junk and wallpaper but it sells well in bulk and reselling it is profitable from what this weekend tells me ,only shame ,im still a buyer not interested in selling yet .......paul
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