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The multimillion-dollar business of Australian stamp collecting

The Arthur Gray Collection of King George V stamps image www.collectibles-au (1)

The Arthur Gray Collection of King George V stamps.

The Arthur Gray collection of King George V stamps is the most extensive and most valuable of its kind, suggests Gary Watson, Mossgreen’s head of philately and numismatics.

“It’s better than what’s in the Queen’s Royal Collection,” he says.

Watson’s prediction is that, when the Gray collection is sold on October 30 in Melbourne, this will be biggest stamp sale ever held in Australia.

The Arthur Gray Collection of King George V stamps image www.collectibles-au (2)

In February 2007, he sold his massive Kangaroo collection through Shreves auction house in New York. The 849 lots achieved a total of A$7.158 million, setting numerous world records including the highest total ever achieved for a single stamp issue. This record still stands.

Watson expects the KGV collection to sell for a little less...

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