SELLING BY AUCTION
Why sell by auction | Presenting your collection | Fees and Charges | Does the whole process take long? | What if I need money now? | What if my stamps don't sell? | How do I get my stamps to you?
Why sell by auction? Simply because this is the best way to realise top price for your stamps and coins, whether a lifetime collection, a few better items or a deceased relative's estate.
With our international mailing list, we can easily reach collectors all over the world - almost half of the material we sell at each auction is sent overseas. Buyers all over Australia and overseas have learnt to trust our descriptions and estimates as to the value of what we sell.
If you have any questions don't hesitate to contact:
Melbourne: Ivan Knox
Phone: (03) 9670 0086
Fax: (03) 9600 0501
E-mail: mowbraysaustralia@ozemail.com.au
Sydney: Danny Jurd
(02) 9299 1300
Fax: (02) 9290 1999
E-mail: mowbraysaustralia@bigpond.com
Return to Top
How do I present my collection?
Simply bring your collection to us (or we can arrange to collect your material if travel is difficult). We will quickly assess your collection, obligation and cost-free, to determine if it's worth offering at auction - this is not a valuation, only a preliminary examination.
It is best left up to us to determine if the collection should be broken down into several/many lots or is best offered intact. We naturally photograph better single items and covers, all in colour - all part of ensuring your material sells at the best possible price.
Return to Top
What are your fees and charges?
We charge commission of 17½% (plus 10% GST on the commission) – a total of 19.25% on the selling price of your lots that we sell.
There are no other charges, and your cheque follows normally four weeks after the auction.
Return to Top
Does the whole process take long?
Not really, if you consider that it takes us about two months to prepare each auction catalogue, and about 2 weeks for the catalogue to be printed.
We like to send the catalogue to our potential buyers 4 weeks before the sale to give them time to decide on their bids.
Return to Top
What if I need money now?
No problem, we can advance you up to 50% of the total estimate of your material to you almost straightaway. However, there is a 1½% interest charge per month on any money you are advanced.
Return to Top
What if my stamps don't sell?
We sell near 90% or more of material in each sale. If any of your consignment does not sell we normally re-offer them in the next available sale at a reduced estimate.
If you want your unsold material back, we will post them back to you at our expense, or you can collect them from our office.
Return to Top
How do I get my stamps to you?
If you live in Melbourne...
Naturally, it is best for us if you can bring them in. We are located in Little Collins Street, near the corner of Queen Street.
We have a trolley to carry the big lots; alternatively, our manager can come to you to collect large consignments.
If you are out of Melbourne....
We make regular trips to Adelaide, Hobart, Launceston and Perth.
If you live in Sydney…
Naturally, it is best for us if you can bring them in. We are conveniently located behind Wynyard Train Station. We are located in Clarence Street, near Erskine Street.
We have a trolley to carry the big lots; alternatively, our manager can come to you to collect large consignments.
If you are out of Sydney…
We make regular trips to Canberra, Brisbane and the Gold Coast.
Return to Top