Monday, October 5, 2015

Nice Short-term Gain

click on image to enlarge

The Freunde Historishcher Wertpapiere (F-H-W) auction no. 108 ended  Oct 3, 2015. Among the lots sold was this Litchfield, Carrollton & Western Rail Road. I know a little about this piece since I consigned it in the Archives International Auction of May 7, 2015.This piece sold with buyers premium for $472.00. The buyer of this piece saw more value than other American collectors did since he or she consigned it to F-H-W. Check the auction results in the F-H-W action here. A fellow collector mentioned to me that sending rare pieces to Europe would mean that US collectors won't have access to them possibly for decades. With prices like this I think more piece will be going across the pond.