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The eminent
stamp dealer Leo Scarlet once told me "every seven years you'll
have the chance to purchase a stamp collection that can change
your life."
The acquisition that changed
my life occurred in 1982. It was the Arthur G. Bateman holding.
Imagine, if you can, 28
cartons overflowing with all manner of Chinese philately, from
5,000 Large Dragons to hundreds of 19th-century covers to
little-known People's Republic of China Soviet Posts on and off
cover.
Imagine sitting through the
unordered accumulation of a 30-year philatelic love affair with
China, abounding with pieces acquired with affection and then
set aside, many still with original invoices dating as far back
as the Truman era.
Bateman never mounted a stamp
or organized a collection. His careful, precise handwriting on
some of the stock cards was the only personal touch that adorned
this fabulous but jumbled treasure trove.
Bear in mind that the year was
1982. The modest demand for Chinese stamps at that time was
nothing like the dynamic marketplace we know today, as the
prices demonstrate.
Red revenue covers went
begging at $80. Used Large Dragons seldom brought more than $6,
and modern Taiwan Paintings stamps sold for little over their
new issue cost. This lack of demand both caused and resulted
from the very limited availability of relevant reference
material in English, which kept a sluggish market from any
prospect of expanding.
My company is often credited
with anticipating the subsequent price rises in the market for
Chinese stamps. Would that it be so, but that was hardly the
case.
Had I realized that prices for
better Chinese stamps would surge 1,600% between 1982 and 1990,
I surely would not have sold the 1878 Large Dragon sheets for
$6,000 in 1983. (Just six years later, the same set sold for
$100,000.)
I was happy then to sell for
$100 to $125 the same Red Revenue covers that I pay a minimum of
$2,000 for today, on those rare occasions when I can find them.
Nor would I have disposed of all the mint Taiwan sets in one
great fling.
In 1982, I looked over the
competition and realized that I could make my mark in Chinese
philately through original research and the publication of
accessible and affordable monographs, articles and literature.
Since that time, no dealer has had the inventory to do what I
set out to do.
If my company is to be
credited for anything, let it be that we consistently promote
the specialist societies that serve our customers through
membership drives and financial support. It is true that we are
responsible for over 600 new members in the China Stamp Society
over the years. If there is one thing that we have done well, it
is to have acted as the catalyst in creating many new Asia
collectors.
Members of my generation were
substantially shaped by the Vietnam War. Knowing that I would be
drafted after college, I majored in psychology and sociology,
and strove to understand world history and culture. I sincerely
believe that the business success I have enjoyed owes much to
those college studies of people and civilization.
My father and my maternal
grandparents were immigrants to America. They did not "come from
money," but they gave me something far more important: the
wisdom to recognize the importance of hard work in achieving any
goal, which played a pivotal role in the achievements of the
last quarter century.
As fate would have it, an
effectively untreatable allergy spared me from military service,
so I elected to devote my energies and talents to stamps for a
year. I determined that if I could not carve out an acceptable
career in philately within that time, I would return to New York
City to become a medical social worker. But stamps were to prove
both fascinating and profitable for me.
Following my year of
philatelic internship in Atlanta, and a short stint in
Jacksonville, Florida, John W. McDaniel, a famous stamp dealer,
brought me to Winter Park, where I went to work for him for the
next three years.
In 1976, with $600 in savings,
I went out on my own. I rented a desk in a tiny coin company on
commission. I well recall the bitter cold on many a winter
morning, let in by gaping cracks in the building's ramshackle
walls.
David Cunningham, a wonderful
friend, suggested that I open a stamp shop of my own. I was
scared; I had little money and sparse inventory. David told me
not to worry, but to return to his office on Monday. We would
talk, he said.
Over the weekend, he
negotiated a lease on trendy Park Avenue for me, waiving his
customary legal fees. He presented me with the lease on Monday,
thus assuring my future.
I never saw a bill for his
counsel. And from then until the day he died, David never
received a bill for his purchases.
Winter Park Stamp & Coin Shop
Inc. opened in June of 1978. As the name suggests, we briefly
carried coins, but coins and stamps are really incompatible, to
my way of thinking. Besides, we had just 516 square feet to work
with.
The smart money on the avenue
had it that we would last six months or less. After all, there
were three other stamp and coin shops within walking distance.
Now ours is the only hobby shop of the four left in town.
There was no overnight success
story, but plenty of hard work to be done; I could not afford an
employee for the first year of operations. Sam Hodges, who later
specialized in Latin America, helped me for a few months in
1979.
Winter Park Stamp Shop closed
its doors in December 2007 after 29 years. Having a shop means a
committment to six day work weeks. I've transferred WPSS's
Ethiopia, Liberia & Africa + Middle East, Trucial States & Yemen
stock to MRI. No doubt MRI will handle other US/Worldwide on a
pricelist/internet basis.
A few months after purchasing
the Bateman China in 1982, we took over a few rooms in a nearby
building. Early subscribers to our price lists of that time will
recall Joseph Sousa and Robert Womack, both now deceased.
In 1984, purely for accounting
purposes, I separated Winter Park Stamp Shop into two units. The
Asia and US/Worldwide Mail Sale/Public Auction business became
Michael Rogers Inc., and the stamp shop portion of the operation
with considerable US and Worldwide mail order remained Winter
Park Stamp Shop.
Formerly a real estate office
building, our premises at 415 South Orlando Avenue are suitably
appointed. Facilities of over 2300 square feet include a large
describer’s room, library, a mail room, offices and auction
viewing, and two safe rooms.
In truth, we are seven men and
women. I bear the name, but I am also the first to acknowledge
that our company's considerable accomplishments are those of no
single individual, but a highly talented team.
When the John Boksenbom
collection, the best Ethiopian collection ever formed, came on
the market, I bought heavily, essentially for my own collection.
The Boksenbom duplicate material and subsequent purchases
elsewhere have spawned MRI's frequent Ethiopia pricelists.
Ethiopia is fascinating in that there's a wealth of unusual
elusive varieties yet nothing is expensive.
Our Public Auctions are the
company's backbone. I remember well assuring George Alevizos in
1984 that we would never do public auctions because I was too
shy. Yet here we are: we hold monthly auctions. Remarkably,
though every lot is reserved, we routinely sell 85% of all
lots. Auction realizations reflect the market. Readers will be
surprised knowing that my company achieved the highest price for
any Korean stamp sold at Public Auction anywhere (1991, C4 S/S
$31,900) and PRC Regional (1995, Yang NC2 $25,850). Consignors
access all our expertise to achieve the best prices, all for a
modest commission. Our auctions realize the best prices for
material with copious, knowledgeable descriptions and color
photos, our auction catalogues rate as best in our field.
The Company's initial emphasis
was on China/Asia; we have integrated worldwide material since
1999. Our Airpost auctions had expanded to full service U.S. and
Worldwide stamps and postal history sales, postal /Internet,
airpost or not. We are positioned to assist any collector, no
matter what the interest, whether buying or selling.
With Public Auctions held
every three months and Mail Sales held 8 times yearly, we have a
constant appetite for more material, striving for an event every
month. We are uniquely positioned to make a fair, immediate
offer or accept for auction.
I continue the full-time
fascination that spawned Michael Rogers Inc. which has not yet
shown the slightest signs of diminishing. I know that we will
continue to provide the best service around to some of the
finest collectors in the hobby.
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