June 21-25, 2008 New York City Viewing of the Robert H. Cunliffe Collection of Classic American Revenue Stamps
Pre-sale lot viewing for the Robert H. Cunliffe Collection will be available at Spink Shreves' luxurious New York City auction galleries. Viewing will be held daily from 9:00 a.m. to 6:00 p.m., except Sunday, June 22nd the viewing hours will be 11:00 a.m. to 5:00 p.m.
June 26-27, 2008 The Robert H. Cunliffe Collection of Classic American Revenue Stamps
The Robert H. Cunliffe Collection of Classic American Revenue Stamps is one of the few collections that has reached legendary status. It is, without question, not only one of the most comprehensive collections of U.S. 19th century revenue stamps ever formed, but Mr. Cunliffe also built the collection with impressive taste, perseverance and knowledge - literally over an entire lifetime.
The entire sale, complete with detailed descriptions and high-resolution scans, has now been posted to our website.
We invite you to begin viewing this sale and preparing your bids. All-color printed catalogs will be mailed to our regular Spink Shreves clients on June 5th and will be available for purchase by new clients for $20.00 each ($30.00 to non-U.S. addresses). To order a copy of the catalog simply contact Spink Shreves via telephone (800-556-7826 or 972-788-2100), email (shreves@spink.com) or by filling out an order form on our "Auction Catalog" page and then clicking on the Order Current Catalog button.
FOR IMMEDIATE RELEASE
London, England
7 March 2008 Press Enquiries: Emily Johnston +44 (0)20 7563 4009 (ejohnston@spink.com)
Spink Acquires Smythe, New York's oldest dealer and Auctioneer in coins, paper money, Antique stocks and bonds and autographs
LONDON — Spink, the world's leading auctioneers of Coins, Stamps, Medals and Banknotes, Bonds and Share Certificates, based in London and established 1666, has agreed to acquire R.M. Smythe & Company, specialists in Antique Stocks and Bonds, Banknotes, Coins, and Autographs, based in New York City and established in 1880. Both Spink and Smythe are known around the globe for their illustrious histories, impeccable reputations and unparalleled expertise. The merging of these two companies is the next logical step in line with Spink's strategy for the future and will create the first truly global, fully integrated, collectables house.
Spink is pleased to announce that John Herzog, owner of R.M. Smythe & Company since 1967, will become a shareholder in Spink. Mr. Herzog will act as Chairman Emeritus of Spink USA and will participate in the development of the combined entity which is valued in excess of $100 million by this deal. Mr. Herzog stated, "I could not think of a better company to acquire Smythe. My wife, Diana, and I have been at Smythe's helm for 40 years, and have tremendously enjoyed building the business and working with clients and collectors. I look ahead with great excitement to the opportunities presented by this joining of forces."
Since their founding in 1880, R.M.. Smythe and Company has developed into one of the world's premier auction houses, specializing in Antique Stocks and Bonds, Banknotes, Coins, Autographs and Photographs. In 2007 Smythe hosted six major auctions setting record prices for currency, coins, stocks, bonds and autographs.
To Spink this deal brings with it an even more prominent position in the American market following the recent acquisition of Shreves Philatelic Galleries. In America, as is already the case in Europe, Spink will continue to operate as a strong competitor in the world of collectables with a "boutique" approach to the business. In 2007 Spink was already number one globally for stamp auctions. In 2008, Spink USA will strive for the same prestigious position in all categories in which they deal and auction. The acquisition of Smythe brings them closer to realizing this goal.
Olivier D. Stocker, Chairman and CEO of Spink, stated "This acquisition is really a powerful match. It instantly creates a leadership position for Spink in Banknotes, Bonds and Shares and Worldwide Coins. We believe it is the perfect strategic move to better service our clients and continue to obtain the best results for them."
Accredited media interested in scheduling an interview to discuss this release in more detail are encouraged to contact Emily Johnston +44 (0)20 7563 4009 (ejohnston@spink.com)
About Spink
Spink is the world's leading auctioneer of coins, stamps, medals and banknotes with offices in London, Singapore, New York and Dallas. Since its foundation in 1666, the Spink name has become synonymous with tradition, experience and integrity. Holders of three royal warrants and numerous records for prices achieved at auction, Spink offers an unparalleled range of services to collectors worldwide.
About Smythe
Roland M. Smythe established R.M. Smythe & Company in 1880 for the purpose of providing the financial community, and private individuals, with accurate information concerning obsolete securities and banknotes. Over the years, they have evolved into a dealing and auction house with an outstanding reputation for their high standards of customer service and the quality of their merchandise.
