Auctions
A rather unusual item highlighted Stanley Gibbons auction in London
By Matthew Healey, New York Correspondent
Stanley Gibbons held a sale of worldwide stamps and postal history on Nov. 24 in London. Bidding took place live, by mail and online.
Among the more unusual items was a printed invitation to the ceremonial opening of Egypt’s Port Fouad in 1926.
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Port Fouad was built by King Fouad I, the father of Farouk, at the northern end of the Suez Canal to relieve congestion at Port Said, which lies opposite. A set of four stamps overprinted “Port Fouad” was issued to mark the occasion (Scott 121-124).
The ornate, French-language invitation, with the four stamps tied by Port Fouad postmarks dated Dec. 21, 1926, sold for about $7,250, including the firm’s 18 percent buyer’s premium.
King Fouad (now typically spelled Fuad) died in 1936. The port remains an important military facility and residential area to this day.
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