Robert A. Siegel Auction Galleries

Stolen Pony Express Letter For Sale

February 26, 2013

If you didn’t know better you’d think the Pony Express was a Hollywood creation, skinny, tough boys riding from Missouri over the Sierra Nevadas to California in 10-days. A stamp for a one-ounce letter cost about $50 in today’s dollars. One stolen in an Indian attack and later recovered is coming to market next month at R.A. Siegel Auction Galleries in New York.

1st Session Of Frelinghuysen Collection Brings $2.96m

March 29, 2012

Since 1792, the Frelinghuysen family of New Jersey has included generations of distinguished politicians. As well as, it emerges, a stamp collector. Former congressman Peter H.B. Frelinghuysen Jr., who died last year at 95, assembled a collection of early American rarities that Robert A. Siegel Auction Galleries is offering in a two-day auction this week. The prize of the collection, to be sold today in New York, is a 1918 Inverted Jenny, one of only 100 that were mistakenly printed upside down. It’s estimated at $450,000.

Recent Results

At Antiquorum's watch auction in Hong Kong, a Patek Philippe ref. 5074, with complications including a minute repeater with carilon, sold to an Asian collector for $574,791, the top price at the sale.
A block and shell mahogany bureau table, dated 1770, by noted colonial cabinet maker John Townsend has sold at Christie's for $2.2m, for than twice its $900,000 low estimate.
The '49 Buick Roadmaster featured in the 1988 "The Rainman" movie sells for $170,000.
The upright piano from the 1942 classic film "Casablanca"--the one on which Sam plays "As Times Goes By"-- sold for $602,500 at Sotheby's in New York.
"The Coachman," the iconic 1923 painting by Boris Kustodiev sold at Christie's Russian Art Auction for a record $7m.
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Eye On: Taxes
U.S. Taxes on art bought abroad
Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.
	Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video

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