Stamp sale

Since the 1930s as a teenager a client has been purchasing stamps as a hobby. Along the way he became an authority on various types of stamps and has written a number of books on the subject.

He has kept no records of the purchase dates or the amounts paid for the stamps which have accumulated over the years into a substantial collection.

He has never (until now) sold any of the stamps and upon reaching a great age has recently sold a section of his collection to a dealer for a lump sum.

Another section has been left with a dealer to sell off piecemeal on behalf of our client in order not to 'flood' the market and to obtain a good price for them. Further sections are to be sold at a later date.

During the whole period our client ran various companies completely unconnected with...