This article reveals a consignment kerfuffle in the stamp world. There must have been disputes like this in the world of coins - can anyone tell us about one?
-Editor
A Floridian widow is demanding that a Manhattan auction house return her husband"s stamp collection, which is reportedly worth up to $2 million.
Shelley Entner wants the collection back because she claims some stamps are missing.
Her late husband, Stanley Marks, started collecting stamps in 1937, when he was just 16 years old, the New York Post reports. He continued amassing the stamps until his death in 2016 at the age of 89. The collection was then turned over to Robert A. Siegel Auction Galleries, which describes itself as the "world"s leading auctioneer of US and worldwide stamps" on its website.
The collection was divided into US and international stamps, and the auction house sold the latter portion in 2016 for $750,000, Entner said in court papers filed by the Stanley A. Marks Revocable Trust. However, when Entner and her son William went to check up on the stamps in New York in April, they said some were missing.
"At an on-site visit, Ms. Entner came to believe that some of the stamps that had been in the US collection at the time of consignment were no longer there," court papers cited by the Post read.
As a result, the family demanded that the auction house returns the stamps, but said it refused to do so. Entner then claimed Robert A. Siegel Auction Galleries told her to reimburse it to the tune of $56,000 for insuring the collection—and release it from liability against any claims.
Her lawyer, Wendy Linstrom, told ARTnews: "Without legal basis, Siegel Auctions is refusing to release our client"s valuable American stamp collection unless she pays them a hefty sum. It is unconscionable that they are now holding the stamps for ransom!"
To read the complete article, see:
Widow Sues New York Auction House for $2 M. over ‘Missing Stamps"
(https://www.artnews.com/art-news/news/widow-sues-new-york-auction-house-stamp-collection-1234756753/)
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization
promoting numismatic literature. See our web site at coinbooks.org.
To submit items for publication in The E-Sylum, write to the Editor
at this address: whomren@gmail.com
To subscribe go to: Subscribe
Copyright © 1998 - 2025 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster
|