Collectibles Still Going Strong

Gretzky card

A Wayne Gretzky rookie card sold for a record $465,000. He is known as the “Great One” and retired as an NHL player in 1999. This shows that the collector’s market seems to be doing well.

Gross Catalogue

Bill Gross, who now co-manages the Janus Global Unconstrained Bond Fund, sold a portion of his stamp collection for $4.5 million. Gross is estimated to have spent more than $100 million on his stamp collection. A stamp gallery is named for him in the Smithsonian National Postal Museum in Washington, DC. Gross sold a block of six of the rare Double Geneva stamps. The so-called Double Geneva (Scott 2L1) of 1843 was a two-part stamp: each half was worth 5 centimes for in-town delivery, while the whole 10c stamp paid for delivery throughout the canton. The small group of Swiss stamps was purchased at a private treaty for $4.5 million by Robert A. Siegel Auction Galleries. Bob was actually an old friend of mine who died back in 1993.

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