Jay Tell, Americana Stamp and Coin Galleries, Gallery, rare stamp dealer, rare coin dealer, stamp buyer, coin buyer, agent, stamp coin appraiser appraisals, expert witness stamps coins, testimony litigation arbitration mediation, errors EFO's inverts misprints mistakes varieties oddities, currency paper money, buying appraising U.S. world wide foreign mint used, cash paid for postage stamps coins collectibles collections estates lots, inheritance inherited probate, heirs liquidation liquidator insurance, albums accumulations holdings hoards properties, evaluator evaluations investments, consultant adviser, So Southern California downtown E W West Los Angeles L.A., SF Simi Antelope Sun Fountain San Gabriel Fernando the Valley Diego Bernardino Jose Mateo Francisco Dimas Marino Marcos Clemente Luis Obispo Pedro, Encino Van Nuys Sherman Thousand Oaks Palms, West E N No North Hollywood Tujunga Silver Toluca Lake Lynn wood view Terrace Forest Village, S Pasadena Glendale Burbank Altadena, Ontario Pomona, Chino Signal Rolling Shadow West Mission Viego North Granada Woodland Hidden Laguna Anaheim Agoura Beverly Hills, Brent West wood, Tarzana Reseda Northridge, Canoga Monterey Baldwin Newbury Moor Park, Winnetka Chatsworth Porter Ranch Calabasas, Fairfax Wilshire Miracle Mile, Panorama Carson Virginia Temple Cathedral Century Culver National Studio City of Industry, Bel Air Pacific Palisades, Malibu Oxnard, Santa Monica Clarita Ana Paula Barbara Catalina Susana Maria, Orange Ventura Riverside LA County, Arcadia Sierra Madre, Sylmar Montrose Azuza Temecula, W Covina El Monte, Camarillo, Commerce Whittier Bell flower Gardena, Alhambra Hawaiian Gardens Downey Pico Rivera, Montebello, Paramount Hawthorne Torrance Inglewood Compton, Marina Playa Corona Vista Del Rey Mar, Manhattan Redondo Hermosa Seal Huntington Imperial Newport Laguna Niguel Long Beach, Tustin, Rancho Palos Verdes Estates Cucamonga, Irvine Fullerton, Hacienda Rowland Heights, Carpinteria, Upland Lancaster, Palm Lawn Irwin dale Desert Hot Springs, Bakersfield, Sacramento, Diamond Bar, Topanga, Encinitas, Bonita, Coronado Oceanside Chula Vista, La Jolla Puente Verne Crescenta Mesa Canada Flintridge, Catalina, Dana Point Magu Dume, old letters envelopes papers notes post cards, stampless first day crash covers, proofs essays, mint plate number # blocks souvenir sheets, coils booklets panes, double die prints over date, off planchet mis struck, raw un graded PCGS NGC type colonial copper, 20 3 small large cent nickel silver half dime, gold coins, patterns coin age tokens, St Saint- Gaudens Liberty Indian quarter half double eagles, Morgan Peace Trade dollars, proof un circulated mint type sets, 24¢ Curtis Jenny bi plane 1918 inverted center, #C3a invert upside down airplane, world's most famous stamp error, #164 America's rarest stamp, unique one-of-a-kind 1875 24¢ Winfield Scott ribbed paper, Lost Continental Bank Note Co, Nobel Prize medal, missing omitted color, imperforate shifted mis perforations, pre printing paper crazy fold over crease, double print transfer, regular commemorative, air post air mail special delivery, parcel post postage due, revenue duck back of the book BOB, British No So North South Central America, Canada Mexico, W West East E Europe, Israel, Australia, Asia India China Japan, Graf Zeppelin Zepps, Titanic, celebrity film cinema movie TV stars, space sports Olympic pioneer aviation aviator legends press pins, Washington Jefferson Madison Jackson Lincoln, Grant Lee, Edison TR Teddy Franklin D. Roosevelt FDR, Lindbergh Earhart Churchill Einstein JFK Kennedy Johnson LBJ Disney, historical presidential military army navy air force marines, signed documents manuscripts books autographs patents, signatures photos photographs memorabilia mementos posters, antiques artifacts newspapers, pamphlets diaries maps, Civil First Second World War WW One 1 Two 2 II, political buttons ribbons tokens, Territorial Enterprise Mark Twain, PFC PSE PSAG APS authenticated rarities errors classics finds gems treasures showpieces, The History Channel's Pawn Stars stamp coin currency expert [SEARCH WORDS]    

JAY TELL
'Buying and selling since 1958'

AMERICANA

STAMP AND COIN GALLERIES
©



  • Jay has more than 50 years experience as a rare stamp and coin dealer, uniting treasures with collectors and investors since 1958
  • Polished expert witness, buyer, appraiser, consultant, trusted agent
  • Specialist in 19th/20th century classics, rarities, errors, inverted centers
  • Historical and presidential documents, manuscripts, rare autographs, etc.
  • The History Channel's Pawn Stars expert for stamps, coins, currency
  • First dealer to buy and sell America's Rarest Stamp ($397,838 in 1999), still the internet world-record for the most valuable single stamp
  • First dealer in history to buy and sell a coveted Nobel Prize
  • First stamp and coin editor of the Los Angeles Times and creator of the popular Sunday column 'Stamp and Coin Corner' which ran for 30 years
  • First dealer to buy and sell the highest grade gem U.S. $10 Indian Head gold coin (1913S) known to exist
  • Former consultant-contributor to the Scott Stamp Catalogue
  • Owner and operator of five Los Angeles stamp and coin stores from the 1960's to the 1990's; and a bonded auctioneer
  • Perhaps the only dealer to buy/sell three intact 1903 Roosevelt Albums
  • Member: American Philatelic Society since 1963, APS Life Member
  • American Numismatic Association since 1964, ANA Life Member
  • National Stamp Dealers Association, NSDA since 1998
  • United States Stamp Society, USSS since 1983; etc.

 
AMERICANA
STAMP AND COIN GALLERIES©

160
60 Ventura Blvd, PMB 110A, Encino, CA 91436
Phones: 818.905.1111  or  818.515.1222    Fax: 818.905.1114
By appointment only, please.
 
Emails: americanacorp@sbcglobal.net
or jaytell@hotmail.com


This website address: http://www.americanastampcoin.com



               
THE WORLD'S MOST VALUABLE STAMP
           SOLD AT SOTHEBY'S FOR
$9.5 MILLION!

                                                                                           by
Jay Tell ©

The World's Most Valuable Stamp, the unique British Guiana 1¢ magenta, 'the Holy Grail' or 'the Mona Lisa of Philately,' was sold at public auction on June 17, 2014 by Sotheby's (established in 1744) in New York - after viewings in London and Hong Kong - and achieved a new single stamp world-record price of $9.5 million dollars - shattering the previous record of $2.2 million set in 1996 by an 1855 Swedish error of color stamp.

This incomparable icon of the stamp world was discovered by a 12-year old school boy and had sold for $1.50 in 1873, $750 in 1878, $36,000 in 1922, $45,000 in 1940 (private sale), $280,000
in 1970, and for $935,000 in 1980 to John E. du Pont, heir to the du Pont fortune, who died in in prison in 2010 for the 1996 murder of his wrestling partner, Olympic Gold Medalist David Schultz..


This 'stuff of dreams' set its fourth consecutive single-stamp world-record auction price since 1922, realizing more than ten times its $935,000 selling price in 1980. This sea-change event, the first time this legendary prize was offered in 34 years, earned unprecedented worldwide media coverage attracting major buyers and increasing demand for all rare stamps. With today's instant news, lap tops, tablets and smart phones, within hours hundreds of millions of people around the world knew about this historic sale. Since 1878, this timeless treasure's exquisite mystique, allure, romance, excitement and value grows with each new generation.

In 1856, the British Guiana postmaster ran out of stamps; the shipment was delayed. He asked a newspaper to quickly design and print temporary stamps (a 'postmaster provisional') but he was unhappy with the simple design. To make it difficult for forgers, a postal employee signed his initials on every stamp. The rate was often used on newspaper wrappers, then typically discarded, but this lone example survived. It was discovered 17 years later by L. Vernon Vaughn, a sharp-eyed 12-year-old lad, in his parents' attic, to the delight of generations of philatelists. (In 1999, another purported magenta made news but it turned out to be an altered 4¢.)


'Damus Petimus Que Vicissum’ (‘We give and expect in return’)

At just 1 / 300th of an ounce, 1" x 1.25", it is the most valuable object on earth for its size and weight. This tiny but powerful 'solitary grandeur,' since 1878 'the locomotive of the stamp world,' was once owned by Count Philippe la Renotiere von Ferrary who amassed the world's greatest stamp collection - seized by France for WW1 war reparations and sold in 14 landmark auctions 1920-1925. In 1922, King George V, the under-bidder, shocked everyone by failing to buy this 'creme de la creme' - the only British rarity missing from the fabulous Royal Heirloom
Philatelic Collection begun in 1856 by Queen Victoria's son, Prince Alfred.

Rumors abound as to the identity of the 2014 $9.5 million dollar 'mystery buyer' - an anonymous telephone bidder. Perhaps it is PIMCO billionaire Bill Gross? His stamp collection reportedly tops $100 million. Could it be Warren Buffett, Bill Gates,
Sheldon Adelson, Larry Ellison, Ted Turner or Steve Wynn? Perhaps an agent for Great Britain's Royal Family? That would correct the biggest blunder of King George V who allowed the stamp to sell in 1922 for 'only' $36,000 to American textile mogul Arthur Hind. (Some 'insiders' think the buyer is a businessman, a long-time philatelist, who vowed to exhibit his amazing aristocratic acquisition.)

Special Note:
This is not just a stunning event in stamp history; to me it is quite personal. Since age seven, I marveled at stories (The New York Times, Reader's Digest, Life, Look, Time, Newsweek, Coronet) about the famous British Guiana stamp having graced world-renowned collections. Back then, leading stamp dealer H. E. Harris estimated its worth at the 'grand sum of $50,000.' My childhood memories are not unique; since 1878 millions of all ages have swooned over this magical, mystical masterpiece which for more than a century is ingrained in our culture, our heritage, whether or not you are a  stamp collector. It was quite humbling to me as a youth, as it is now, to know that no other stamp that I, or anyone else, will ever own will ever equal its stature, majesty or value.

At
the packed Sotheby's Auction Gallery, cameras whirred from major networks; far more press than for Van Gogh's $110 million 'Irises'. This story was covered by news outlets worldwide, cable and satellite TV, newspapers, radio, magazines,
discussion groups, internet chat rooms, forums, blogs, as no other art or collectibles story in history. Discovered in 1873 by a 12-year-old school boy, this stamp simply transcends philately. Since their childhoods, I have told this story to my three daughters, and to my grandchildren, and it will be passed on to our descendants forever. There was even a murder, and now a mystery; who is the anonymous buyer? ### ©


~ BIO OF JAY TELL ~  ©
Jay
has more than 50 years experience as a rare stamp and coin dealer, uniting treasures with collectors and investors since 1958. He is a skilled buyer and appraiser, polished court-certified expert witness, confidential consultant, trusted agent; and is a lifelong specialist in U.S. and world stamp and coin classics, rarities, showpieces, errors, inverted centers. Jay handles all kinds of collectibles, currency, presidential and historical documents, rare autographs, old photos, books, antiques, jewelry; gold and silver. Born in North Bergen, New Jersey in 1944, Jay is a former newspaper editor, publisher, investigative reporter; and is a lifelong writer.

Jay is The History Channel's Pawn Stars stamp, coin and currency expert. Pawn Stars is a popular weekly reality show on cable and satellite TV with tens of millions of loyal viewers from coast to coast; and is syndicated in many countries. You are invited to see Jay's Pawn Stars show segments (4/9, 4/23, 5/28/12) which are often re-run. Please left click: http://sharpcut.com/jaytell.html

Jay began his lifelong love-affair with stamps and coins as a boy, and had his first show booth in 1958, at 14, shared with a friend, at the first New York Interpex Stamp Expo. As a teenager, Jay visited old masters on legendary Nassau Street (hundreds of dealers in a few blocks) for his specialty, misprints. As an emerging entrepreneur, he pioneered the tiny error field which he helped grow to unimagined popularity. Jay became trusted by dealers who taught him 'Your word is your bond.' 'High ethics are moral and good business.' 'You are not just selling stamps and coins, you are selling knowledge.' And, 'Everything a dealer buys should be for sale - don't compete with your collector and investor clients.' In the 1960's rents soared on Nassau Street (adjacent to Wall Street) so dealers were forced to move, ending the hobby's Golden Age, the final years of which Jay treasures as an integral part of his values.

Jay owned and operated five Los Angeles retail stamp and coin stores from the 1960's to the 1990's, starting in 1965 at age 21. He has handled more than 100,000 career transactions for perhaps $100 million in store sales, floor and mail auctions, trade shows, mail order, internet - with zero complaints filed in his years as a licensed and bonded California stamp and coin auctioneer.

In 1975, at 31, Jay was the first dealer in history to buy and sell a coveted Nobel Prize, the 23k gold medal awarded in 1956 to (Sir) Cyril N. Hinshelwood for Chemistry. The Prize had been flatly rejected by the world's oldest and largest dealers and auction houses (Sotheby's, Christie's, Spink), as there simply was no price history prior to Jay's daring landmark purchase and sale. It was believed to be the only Nobel Prize heirloom to leave a recipient's family's possession since the first in 1901 -- until 2012 when Neils Bohr's 1922 Nobel medal for Physics sold for about $50,000. That record was resoundingly thrashed in April 2013 when a third Nobel Prize medal, awarded in 1962 to Francis Crick as the co-discoverer in 1953 of DNA, was sold at auction for $2.27 million! 

Registered trademark of the Nobel Foundation. © ® The Nobel Foundation.
The Nobel Prize (physics, chemistry) is inscribed, "For they who bettered life on earth by their newly found mastery."

Jay made
philatelic history when he bought and sold the only UNIQUE United States full-numbered stamp,
the 1875 24¢ Winfield Scott, Scott #164, printed by the Continental Bank Note Company - so Jay dubbed it the Lost Continental. The original discoverer, from San Diego, California, was unable to sell it for 31 frustrating years (1968-1999); in three decades he had just one offer, $2,000. The stamp was rejected, ridiculed and belittled by the world's leading stamp dealers and most prominent auction firms who disparaged its legitimacy, convincing major collectors and world-class investors to 'stay away.' In 1999, Jay was called to see it.

When approached by the disheartened
owner,
Jay soon became convinced the purple adhesive was authentic. He researched its amazing history and launched a major educational, publicity, editorial, promotional and advertising campaign at his own expense. He boldly took on very powerful interests who were determined to protect another stamp, the 1¢ Franklin Z Grill of 1868, Scott #85A, which was widely but 'incorrectly' promoted for 30 years as America’s rarest stamp. Yes, it is a great rarity, but there are two known examples of the Z Grill, so, if Jay’s #164 with only one known to exist was validated with a meaningful sale, the famous Z Grill would drop to second place. Quite simply, one extant is rarer than two. Despite millions spent for decades by industry leaders on countless ads, articles, books and catalogs 'erroneously' claiming the Z Grill to be the rarest U.S. stamp, it was soon to topple off its lofty perch.

Legendary philatelic authors were the pioneer stamp experts
of the late 19th and early 20th century
(Luff, Perry, Ashbrook, Chase, Brookman), but they could only presume or surmise that #164 should exist since no 24¢ Winfield Scott had ever been found on ribbed paper which positively identifies it as a Continental Bank Note Company printing. It features a color not seen before -- 'slate bluish purple' -- and the bold 'six leaf' fancy cancel used during this narrow period. Additionally, the #164 has the partially weak plate impression incredibly predicted in Lester Brookman's 1947 three-volume master work. Undiscovered since 1875, lost to the sands of time until 1968, the Lost Continental was not truly acknowledged for 124 years until Jay's landmark 1999 sale

Jay’s ground-breaking research
was featured in stories, large ads, and his hard-hitting four-page Tell Tales column (12/17/99) in Mekeel's and Stamps Magazine, America's oldest, established in 1891. His media blitz headlined that 'The famous Z Grill was NOT America's rarest stamp' as major auction firms and dealers had widely but incorrectly promoted for decades. Jay made a compelling case for the authenticity of the Winfield Scott ribbed paper classic. The romance and excitement of Jay’s Lost Continental expose earned comprehensive news coverage and full-page editorial support in the three most influential stamp publications. After 31 years of ridicule by so-called ‘experts’ with obvious ulterior motives, in just eight weeks start to finish, in the first-ever one-lot dedicated internet auction (12/21/99), Jay sold the #164 treasure for $397,838 -- which is still the internet world-record for any single stamp.

News of the historic event rocked the stamp world.
It is by far the rarest and most valuable philatelic showpiece ever exclusively marketed on the internet, earning banner news stories in the philatelic press and in daily newspapers, and Jay was interviewed on three TV news programs. In January, 2000, amid armed guards, the only known example of the 24¢ Winfield Scott ribbed paper Lost Continental was the top exhibit at San Diego’s 28th annual SANDICAL Stamp Expo, setting the all-time attendance record.


Scott #164 is now recognized
by the renowned Scott Stamp Catalogue
(established in 1868) as the only unique United States full-numbered postage stamp. It is certified as the only authentic #164 by the prestigious N.Y. Philatelic Foundation (established in 1945) the 'Supreme Court' of philatelic expertise; and #164 is proudly celebrated in the Court of Honor as America's Rarest Stamp by the American Philatelic Society (established in 1886) - the world's oldest, largest, and most respected stamp organization.

No museum has #164
, not even the Smithsonian National Postal Museum.
No one can complete a U.S. stamp collection without the Lost Continental. Even the $8 million Zoellner collection, once the most valuable U.S. collection in history, did not have this key stamp, which now resides in the fabulous Bill Gross collection reportedly valued at more than $100 million. His award-winning 19th century U.S. stamp collection could not be complete without its capstone, its flagship, the UNIQUE #164, the only one in the world.


Jay’s acquisition
of the Lost Continental, and
his landmark auction sale of #164 for nearly $400,000 established the first shot out of the box world record, an unprecedented initial sale never equaled before or since. Plus, #164 holds the world record for the highest price for any single stamp or philatelic item exclusively sold on the internet. The 'singular sweet splendor' Lost Continental today is estimated at perhaps $1.5 million. Being the first dealer in history to buy and sell America's Rarest Stamp is the crowning achievement of Jay’s exciting career begun as a collector since age five, and as a dealer since the age of 14 in his New Jersey attic.

In 1962, an 18-year-old Jay was the first stamp and coin editor of the Las Vegas Sun creating a Sunday magazine editorial and advertising spread. The world’s largest stamp newspaper, Linn's Stamp News (established in 1928), reprinted some of Jay's articles. Jay attended Nevada Southern University (later to become UNLV) serving as Editor-in-Chief of the college newspaper. He also worked nights in 1962 and 1963 as a busboy and waiter at the legendary Sands Hotel, epicenter of the entertainment world during the luminous 'Rat Pack' era of Frank Sinatra, Dean Martin, Sammy Davis Jr, Joey Bishop, Peter Lawford, Don Rickles, etc.

Jay co-managed his first political campaign at age 18,
in 1962, before he could even vote, and the stunning victory of unknown Ted Marshall for Clark County District Attorney remains one of the biggest upsets in Nevada political history.  A decade later, in 1971, Jay’s newspaper, the Las Vegas Free Press, risked everything by running an explosive expose which prevented a 'cinch’ win by the huge favorite in the Las Vegas City Commission race, Paul Price, the powerful but corrupt top columnist for the Las Vegas Sun. After his shocking defeat, Price sued for $500,000 for libel, but the charges were proved and the case was settled totally in Jay's favor.

Jay joined the
American Philatelic Society in 1963, the American Numismatic Association in 1964, and is proud to be a Life Member of each highly respected world organization. Jay is one of a few honored with both APS and ANA 50th Anniversary Medals.

In 1964, at 19, Jay opened his first office
,
in downtown Los Angeles (Stack Building), soon opening a store on Spring Street in the financial district, first of his five Los Angeles retail stamp and coin stores spanning four decades - the 1960's to the 1990's.


Considered one of the most beautiful stamps, this $1 Cattle in the Storm (from a John MacWhirter painting)
is part of the nine-stamp set (1¢ to $2.00) commemorating the 1898 Trans-Mississippi Exposition in Omaha.


In 1965, at 21, Jay became the first stamp and coin editor of the
Los Angeles Times, creating 'Stamp & Coin Corner' a popular Sunday column that ran for 30 years. In 1965, he leased the Lesser Building penthouse on Wilshire Blvd in Beverly Hills, installing the first nationwide coin teletype system - serving clients from all walks of life including film/TV folks. In 1965-69, his Fairfax store (across LA's original Farmers Market) pioneered and helped create the modern stamp, coin, collectible, and bullion business.


His next three retail stores were in LA's
San Fernando Valley
- Sherman Oaks 1973-74, Studio City 1974-83, and Tarzana 1984-92, his largest, a 2,000 sq ft retail showroom and auction gallery featuring rare stamps and coins, classics, errors, historical and presidential documents, rare autographs, paper money, mail and floor auctions, antiques, jewelry, early books, gold and silver. 


Jay Tell’s memberships:

  • American Philatelic Society since 1963, APS Life Member
  • American Numismatic Association since 1964, ANA Life Member
  • National Stamp Dealers Association, NSDA since 1998
  • United States Stamp Society, USSS since 1983; etc.
  • Jay served on the Board of Directors of Sandical Stamp Expo, since 1972 San Diego’s oldest/largest stamp exposition.                                         
Jay is a former newspaper publisher and editor. In 1970, the infamous Howard Hughes proxy trial was an epic battle for control of an empire. Upon request by Hughes' dynamic lawyer, Chester C. Davis, Federal Judge Roger D. Foley admitted Jay's newspaper as evidence, saying from the bench, 'The Las Vegas Free Press may be the only paper in the nation to get the story straight.' Among many other important stories, Jay exposed Las Vegas Sun publisher Hank Greenspun and Hughes-Nevada CEO Robert Maheu who fleeced billionaire Hughes, then perhaps the world's richest mogul, of more than $20 million ($110 million in today's dollars).

Jay's fearless investigative reporting championed civil rights, protecting the environment, a drug-free non-smoking healthy lifestyle and natural foods. He backed stronger health care coverage, equal opportunity and protection for all Americans. Often for the underdog, he supported minimum wage increases, equal pay for equal work for women, the first Fair Housing Law, and the new Public Defender's Office so each accused gets a Constitutionally-required attorney; principles which were then controversial but are now more widely accepted. Jay opposed the Vietnam war but supported our valiant troops and mourned his fiancee's brother and 58,220 brave U.S. military who tragically died there. In the 1970's, Jay owned Nevada's first health restaurant, Food for Thought. 

Bobby Darin was Jay’s close friend
and business partner, and his death at only 37 in 1973 is still an irreplaceable loss. Bobby wrote and recorded 'Splish Splash' and 'Dream Lover', and sang 'Beyond the Sea', 'If I Were A Carpenter' and the mega-hit 'Mack the Knife' winning two Grammy awards. Bobby recorded more than 300 songs, 30 albums, and outdrew Frank Sinatra at the Copacabana and other famous nightclubs. He co-starred in 13 films, was nominated for an Oscar, and won a Golden Globe. In 1970, with life-threatening health issues and in retrospection rethinking the meaning of fame and fortune, his career was quiet. Jay truly believed in Bobby's amazing talents and negotiated (gratis, as a friend) Bobby's highest-ever salary, $40,000 a week, at top Las Vegas Strip Hotels. A month of main room sold-out performances at the Landmark Tower was followed by two engagements, of one month each, at the famed Desert Inn Resort. Bobby's career took off (again) and in his last year with us, before his 'final curtain,' he starred in his own weekly NBC-TV one-hour prime-time variety show. Since childhood, Bobby had suffered from heart-damaging rheumatic fever and had known, since the tender age of eight, that he would not live a long life -- but boy, did he live a full one!

In 2003, on the
anniversary of his friend's passing,
Jay wrote the 'Bobby Darin 30th Anniversary Tribute'
now published on more than 30 websites (given gratis, upon request) to honor Jay's dear friend. Enjoy Bobby's moving 'Horacio Alger' story at:
http://www.canadafreepress.com/golden-oldies/bobby-darin040407.htm
  ...and...    http://www.bronxbabe.com/Page27.html


Bobby Darin, his son Todd, his wife Sandra Dee
.

Jay's late father,
Jack Tell,
was a St. John's University Law School graduate who joined The New York Times rising to an  assistant editor, the first to see and realize the historical importance of Mussolini's WW2 upside-down death photo. A relative was stamp editor of the New York Post, so Jay grew up within both the journalism and philatelic communities. He attended the University of Nevada, Reno and Las Vegas. In 1960, Jay's parents, Jack and Bea Tell, purchased Mark Twain's world-famous Virginia City Territorial Enterprise newspaper from history and railroad author Lucius Beebe and moved the family West. At 17, Jay cut his journalistic teeth writing, researching, editing, and setting headlines with ornate hand-carved wood fonts. He helped run the same century-old Mealy flat-bed press actually used by Mark Twain and an historic Linotype melting lead ‘pigs’ for hot type galley proofs.

In 1965, the Tell family founded the Las Vegas Israelite - 'Nevada's only English-Jewish newspaper' - well-respected, still going strong in its 50th year of continuous publication - and still family-owned - with Jay's brother, Michael Tell, at the helm. 

In 1958, Jay's first major ‘find’ was an 8¢ Liberty plate # block with only one plate number instead of two (one for each color, blue and carmine). It was rejected as a ‘fake’ by major New York stamp dealers. The owner disagreed, since he’d purchased it at the post office. Veteran dealers referred him to an 'error specialist’ across the Hudson River in New Jersey. He was shocked and amused when the ‘Mr.' Tell turned out to be 14 years old with three attic rooms of Lionel trains, planes, toy soldiers, stamps and coins. The man’s asking price was only $3.75 which included 50¢ for his round trip bus fare. After inspection, Jay purchased the widely scorned item and was thrilled to get a certificate of authenticity from the renowned Philatelic Foundation in New York. He soon sold the error for $250, a fortune for a ninth grader in 1958, and a life-changing confidence builder. It was the first of only five 8¢ Liberty (Scott #1041) one-number errors ever discovered - and Jay has handled three (ask for the full Tell Tales story gratis, via email).


At 14 years old, Jay's first major 'find' with only one plate number instead of two.
Of five of these rarities known to exist, Jay has handled three, including the first.


In 1959, at 15, Jay published a 16-page illustrated price list, the first solely devoted to stamp errors, now a classic in the field.  Jay has announced major finds of rarities and errors not in catalogs. In 1961, Nassau Street dealer Morris Greebel consigned a 1918 Jenny Inverted Center (Scott #C3a) to Jay who sold it for $4,500, turning a tidy $500 profit for the 17-year-old. Today, Jenny Inverts are the world's most famous stamp errors, having sold for $126,500 to $977,500 each (depending on condition). From the only sheet of 100 Jenny Inverts discovered, by William T. Robey in 1918, 98 are known, two are missing (request the Tell Tales story). 
.

The 1918 Jenny Invert unique Plate # Block of Four - the 'stuff of dreams' - sold in 1951 for $18,250, in 1989 for $1.1 million, and in 2005 for $2.97 million, a 16,274% increase. Along with other fabulous philatelic treasures, miniature works of art, the Jenny Invert Plate # Block is displayed in the Smithsonian National Postal Museum's new 12,000 sq ft William H. Gross Gallery.


The 1918 Jenny INVERTED CENTER unique Plate # Block of Four sold for $2.97 million in 2005.

In 1966, at 22, Jay helped list silver dollars on the New York Mercantile Exchange, on which Jay owned a seat which he later sold for a profit. Bank depository receipts for 'Morgan' and 'Peace' U.S. silver dollars (1878/1928) in 1,000-coin bags became America’s newest trading commodity, and the landmark event earned a spread in Fortune Magazine. Jay was interviewed on TV and radio programs, including the nationwide Joe Pyne Show broadcast on hundreds of stations coast to coast. Jay urged the public and his clients to invest in rare stamps and coins with a finite supply and strong demand, which have since greatly appreciated.

In 1967, at 23, Jay purchased the famous Whitney-Green coin and stamp collection for $350,000 ($2.5 million in today's dollars), a celebrated acquisition which was banner national news. His weekly spreads (often in color) in Coin World, the world’s largest numismatic newspaper, brought thousands of store, auction and mail order buyers. Jay has been an innovator and advertiser since 1958, and, in the 1960's, when in his early 20's, his Los Angeles stamp and coin firm with 26 employees grossed millions. 

Jay became the first dealer to buy and sell the highest grade U.S. $10 Indian head gold coin ever discovered (1913S). In 1979, he boldly outbid two lifelong world-class coin dealers, purchased it for $15,500, and soon sold it for $35,000 yielding a $19,500 profit. With this landmark purchase and sale of the finest known gem U. S. $10 Indian Head gold coin (1913S), Jay earned a special place in numismatic history. In 2007, 28 years later, this magnificent coin sold at auction for a record $287,500. ©

In 1983, Jay ran the biggest advertisement in philatelic history - ten pages in Linn's Stamp News (established in 1928), then and now the world's largest and most influential philatelic publication. This record-breaking stamp mail auction, the first-ever to top $1 million, celebrated Jay's career 25th anniversary. It featured 1639 lots of 19th and 20th century classics, rarities, errors, showpieces. In this lavishly photographed sale were four world-famous inverted centers: 1869 Pictorial Issue 15¢ and 24¢ inverts, 1901 Pan- American Exposition 1¢ invert, 1959 Canada Seaway 5¢ invert; each a coveted treasure never before sold together in the West. 


The 15¢ 1869 Pictorial INVERTED CENTER depicts The Landing of Columbus (from a John
Vanderlyn painting).
Of 90 known, Jay has handled perhaps 15. This one brought $120,000
in 2008. The finest known unused example (three known to exist) fetched
$920,000 in 2013.

In 1987, Jay was exclusive stamp buyer for John D. Rockefeller Jr's grandson, handling acquisitions of many fabulous errors, inverted centers, rarities and other treasures. Jay was selected to appraise the legendary grandfather's original stamp collection.


The 4¢ 1901 Pan-American Exposition INVERTED CENTER depicts an early electric car -  the first automobile
on any stamp. Only 35-40 unused examples a
re known to exist. In 2009, this one realized $103,500. The finest
known example sold in 2008 for an amazing $718,000 - more than
ten times
its $70,000 Scott Catalogue value.

Jay's 1992 Elvis Presley driver's license promotion earned priceless TV, radio and print publicity including an entire Liz Smith New York Post column internationally syndicated in many newspapers. Jay has written hundreds of news and feature stories on current events, history, philately, natural foods, the environment, the Bill of Rights, truth is stranger than fiction, book and show reviews.  
Jay has been the author of popular Tell Tales columns featured in America’s oldest stamp weekly, Mekeel’s and Stamps Magazine, established in 1891; and archived in philatelic libraries around the world (ask for Tell Tales columns, gratis, via email). 

Roosevelt Albums were created in 1903 by visionary and progressive President Teddy Roosevelt, a lifelong stamp collector, recipient of the Nobel Peace Prize, builder of the Panama Canal, author of 47 books ('Rough Riders'), and father of the environmental movement to protect enormous forests, wetlands and national parks for our posterity. He was the trust-buster extraordinaire who broke up railroad, oil, and other monopolies lowering prices for ordinary citizens. T.R. expanded the Navy (The Great White Fleet) making America a world power ('Speak softly, but carry a big stick'). His Bully Pulpit pioneered the government's new role ('The Square Deal') in ending child labor, creating standards for safe food and drugs, establishing workers' compensation, truthful product labeling, and ensuring workplace safety. T.R. inspired Franklin D. Roosevelt's grand reforms: Social Security, the eight-hour day, 40-hour week, massive infra-structure building, CCC, NRA, WPA, TVA, FHA, FDIC, SEC, FTC, FDA; the UN, LBJ's Consumer Product Safety Commission, health care as a basic human right, the Environmental Protection Agency; and much more.
 
Each of the original 85 embossed, gilt-edged,
leather-bound Roosevelt Albums (each with 302 U.S. proofs 1847-1903 complete, printed from the original plates) was an incomparable gift from the American people to key statesmen, Supreme Court justices, kings, queens, top cabinet members, and renowned industry moguls Rockefeller, Astor, Vanderbilt, Carnegie, Mellon, J.P. Morgan and other luminaries. Over time, most of the 85 presentation albums were broken up for sets and singles. Today, perhaps only ten albums remain intact outside of those preserved in museums (The Smithsonian, Sagamore Hill, Hyde Park). Each Roosevelt Album is an integral part of our American culture, our legacy, our priceless permanent record of intertwined, inseparable U.S. and philatelic history. Jay may be the only dealer to buy and sell three complete, coveted, intact 1903 Roosevelt Albums.
©

304P2, 5c Blue, small die proof on wove, on original card backing from a Roosevelt album, extremely fine a special printing of small die proofs was produced in 1904 by theRoosevelt administration, only 85 Roosevelt presentation albums were c
One of the 302 small die proofs, 1847-1903 complete, on gray card backing cut from a 1903 Roosevelt Album page.

145P2-55P2, 1870 1c-90c National Bank Notes, small die proofs on India cplt., mounted on complete full page from a Roosevelt presentation album, intensely fresh colors (15c slightly oxidized), bend to card at bottom left corner (resulting in spl
One page from a 1903 Roosevelt Album.  Perhaps only ten complete albums still exist outside
museums. Jay may be the
only dealer to have bought and sold three intact Roosevelt Albums.

In 1990, Jay purchased a mint sheet (100) of the 50¢ 'Iron Betty’ Lamp - 44 stamps with the black color 100% omittedThe seller, who'd purchased the sheet in 1979 at the post office for $50, had offers from four dealers. Jay paid his asking price and later sold this exciting new find to America’s legendary stamp dealer Robert A. Siegel, the world's largest stamp auctioneer, for $20,000, yielding a sizable return. They reminisced about a teenage Jay's visits decades earlier to Mr. Siegel's mid-town Manhattan office searching for errors, and Mr. Siegel offered Jay a 50-50 partnership on a handshake. The stunning error sheet was then consigned back to Jay to break up and widely promote, with the partners later splitting a hefty additional profit. Today, the discovery is listed as a major error in the Scott Stamp Catalogue. The 'Iron Betty' Lamp was used in Plymouth Colony (perhaps at the first Thanksgiving?) and for the next three centuries, burning animal fat, fish or vegetable oil, and cleverly designed to save the oil drippings for re-use.

              #1608a "IRON BETTY" 50¢ BLACK OMITTED MAJOR ERROR BQ5237
              Normal stamp                 Black 100% omitted

In 1991, a major discovery of Jay’s was again news. The 20¢ multicolored 1982 'Love' stamp plate # block of four contained the only two copies known to exist with the purple color 100% omitted -- a unique rarity certified authentic by the esteemed Philatelic Foundation of New York. Jay's publicity and advertising blitz yielded front-page stories and the one-of-a-kind treasure sold for a record $22,000. The singular showpiece is listed as major error
#1951e, without a price, in the Scott Stamp Catalogue.

Jay is a former consultant-contributor to the prestigious Scott Stamp Catalogue, since 1868 the premier annual philatelic reference set essential for millions of collectors, dealers and investors around the world; the indispensable 'standard of the industry.' 

Jay has handled world-class stamp and coin rarities, famous errors, proofs, essays, covers, 19th/20th century classics, unique treasures, one-of-a-kind showpieces. Jay has bought and sold perhaps 300 U.S. inverted centers, probably more than any other dealer except major auction houses. Most collectors and dealers have never owned even one prized inverted center in their lifetime. 












The 24¢ 1869
Pictorial INVERTED CENTER
depicts in just 3/8"x 5/8" 23 Founders (nine with faces) presenting a
draft
of the Declaration of Independence (from John Trumbull's 12' x 18' iconic painting gracing the U.S. Capitol
Rotunda since 1826). 
Of 90 known 24¢ 1869 'topsy-turvy treasures,
' Jay has handled perhaps 12.  This historic,
stirring portrait is the final freeze-frame of the 1972 film
1776. Jay says, "I get chills; the painting, the stamp, and
the movie memorialize the momentous, magnificent, matchless, magical moment -- when America was born."
©

About 50 men, most of them seated, are in a large meeting room. Most are focused on the five men standing in the center of the room. The tallest of the five is laying a document on a table.
John Trumbull's huge 1819 painting shows 42 of the 56 signers of the Declaration of Independence. We forgive the talented micro-engraver of the 24¢ 1869 Pictorial Issue, for depicting 'only' 23 Founders in the stamp's tiny vignette.

Since 1958, Jay has bought and sold rare autographs, letters, signed photos, historical documents such as large, ribbon-bound Presidential Patents (1825,1833,1856) signed by Presidents John Quincy Adams, Andrew Jackson, James Buchanan; and Henry Clay, famed Speaker of the House. Jay sold a signed Albert Einstein hand-written letter and signed photos of Einstein, JFK, FDR; also a Ty Cobb letter; and a 1957 N.Y. Yankee team baseball with 23 signatures including Mickey Mantle, Yogi Berra, Whitey Ford, Don Larson (only World Series Perfect Game), Slaughter, Martin, Skowron, Bauer, Shantz, Carey, Kubek, Terry, etc.


   

In 1992, a four-page 1834 letter by Gov. Jose Figueroa was rejected by the nation's leading autograph dealers and auction houses. With his lifelong love of history and insatiable curiosity, Jay had the letter translated and his original research revealed the document's world-class importance, substantiating a surmised but never-before proven plot against Mexico to return California to Spain. This event, described in the University of California at Berkeley's Bancroft Library's (2.8 million volume) world-renowned History of California master work, was, with this document, finally verified. After a promotion, Jay sold the historic letter for $20,000. 

Jay is a polished stamp and coin expert witness, consultant, and incorruptible strategist - available for advice, mediation, arbitration, depositions, courtroom testimony. His career is a wealth of front line experience in marketing, advertising, auctions, appraisals, purchasing, retail, public relations, promotions, mail order; as a former newspaper editor, publisher, and a lifelong writer.

Jay's most exciting moment as an expert witness: In a wildfire-loss stamp collection evaluation, bitter litigation was frozen for four years. On this case only two weeks, Jay destroyed key arguments of the opposing expert, the PhD Chief Curator of Manuscripts of a world-renowned museum, and attorneys for the defendant (a $10 billion utility) suddenly raised their ‘immovable’ offer by $1.25 million. Just 30 minutes after Jay's presentation, the case was settled for $4.25 million thus giving a nice family, who had been totally wiped out, a fresh start. Amid hugs and tears of joy from his clients, it was Jay's most gratifying moment as an expert witness.

Jay is devoted to his close-knit family and enjoys time with his three daughters, their soul mates and his 'delicious' grandchildren. He lives and works in accord with the examples of high ethics and values his parents set for him when he was a boy. With a passion for the joy of lifelong learning, Jay says, 'History is incandescent - it brightens the soul, illuminates understanding and lights the way.'

Image














From the 1869 Pictorial Issues (1¢ to 90¢)  -  the top
value of the beautiful
steel-engraved set of 11, the very first American commemorative stamps.


Emphasis is always on buying. ‘You make a profit when you buy, collect it when you sell. Jay purchases stamps, coins, currency, documents, autographs, and other collectibles from the sensational to the sublime, rarities to accumulations; one notable hoard was 33 cartons. In any economy, whether markets rise or fall, lucrative profits may be derived from buying and selling based on current market prices. Buying is sometimes 'selling' a hesitant owner to part with his or her material. Southern California and Los Angeles are the west's largest and most lucrative collector market with a huge population and a seasoned, century-old collector base, with thousands of collections and estates ripe for purchase or auction. (Capital funding $1 million partner welcome; call for details.) 

The stamp and coin business thrives during any economy, recession or inflation. Liquidity equals strong buying power, assuring profits whether prices go up or down. A daily stream of people needs to sell for immediate cash. For certain sellers, Jay's evaluation form has an agreed fee payable only if his cash offer is not accepted. The fee is 100% waived if there is a sale - so most collections are sold. Buying is the key to all profits. When you buy anything 'right' there is virtually no risk. If funds must be replaced quickly to prepare for the next deal, the purchase can be sold immediately for a modest profit. If 'flush,' however, and if time is not of the essence, profits can be greatly increased through retail, internet sales, floor and online auctions, trade shows, mail order.  With live online bidding (PC, Lap Top, Smart Phone, iPad, Tablet), plus listening to live calling of auction lots now widely enjoyed by eager collectors and investors around the world during the actual auctions, the future of the exciting auction business is unlimited.

Future inflation is virtually guaranteed, in Jay's opinion, as trillions of new dollars have been printed (or electronically created) to support the economy. To protect against the ravages of coming inflation, shrewd collectors and investors are quietly buying rare stamps and coins which have performed much better than gold and silver. According to Forbes, there are 1,645 billionaires in the world - as contrasted to only 14 in 1985 -- plus 304,000 U.S. millionaires and countless more across the globe. Yet, not a single original 19th or 20th century rare stamp or coin will ever be produced again. This combination of a declining dollar, a world awash with money, and fierce competition for a finite or diminishing supply of rare stamps and coins, may cause even bigger price rises. Past performance cannot guarantee future value, but potentially inflationary conditions exist today -- as never before in history.

Jay is a veteran buyer, appraiser, expert witness, trusted consultant, agent, marketing pro, and skilled deal-maker. With lifelong expertise and credentials, he advises buyers on selected acquisitions for their legacy collections. Jay is proud and thrilled as rare stamps, coins and other collectibles he has sold to his clients have risen greatly in value. Jay says, 'Collectors enjoy priceless pride of ownership and seek future price appreciation but they also love the knowledge, the beauty, and the rich history behind each item purchased. Profits are important, but this business is also great fun - handling so many fascinating treasures, each with its own unique story or provenance.' Decades of solid accomplishments await the saga's next chapter -- the best is yet to come! ### ©


  'I have the simplest of tastes. I am always satisfied with the best.' - Oscar Wilde, playwright, journalist
      'The greatest risk of all is taking no risk.' - Mark Zuckerberg, founder of Facebook  
'...Two roads diverged in a wood, and I -- I took the one less traveled by;
And that has made all the difference.' - Robert Frost, poet, recipient of four Pulitzer Prizes, the Congressional Gold Medal
'Bankers know that history is inflationary and that money is the last thing a wise man will hoard.'
- Will and Ariel Durant, historians, authors, recipients of the Pulitzer Prize and the Presidential Medal of Freedom

 
'Inflation is determined by money supply growth.'
- Roger Bootle, economist, author
'Inflation is one form of taxation which can be imposed without legislation.' - Milton Friedman, economist, author
'Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man.'
- Ronald Reagan
'Rest satisfied with doing well, and leave others to talk of you as they please.'
- Pythagoras, philosopher
'Those who do not remember the past are condemned to repeat it.' - George Santayana, poet, philosopher, novelist 'History is a vast early warning system.' - Norman Cousins, journalist, professor, author


JAY TELL
'Buying and selling since 1958'


AMERICANA
STAMP AND COIN GALLERIES
©

160
60 Ventura Blvd, PMB 110A, Encino, CA 91436

  • Jay has more than 50 years experience as a rare stamp and coin dealer, uniting treasures with collectors and investors since 1958
  • Polished expert witness, buyer, appraiser, consultant, trusted agent
  • Specialist in 19th/20th century classics, rarities, errors, inverted centers
  • Historical and presidential documents, manuscripts, rare autographs, etc.
  • The History Channel's Pawn Stars expert for stamps, coins, currency
  • First dealer to buy and sell America's Rarest Stamp ($397,838 in 1999), still the internet world-record for the most valuable single stamp
  • First dealer in history to buy and sell a coveted Nobel Prize
  • First stamp and coin editor of the Los Angeles Times and creator of the popular Sunday column 'Stamp and Coin Corner' which ran for 30 years
  • First dealer to buy and sell the highest grade gem U.S. $10 Indian Head gold coin (1913S) known to exist
  • Former consultant-contributor to the Scott Stamp Catalogue
  • Owner and operator of five Los Angeles stamp and coin stores from the 1960's to the 1990's; and a bonded auctioneer
  • Perhaps the only dealer to buy/sell three intact 1903 Roosevelt Albums
  • Member: American Philatelic Society since 1963, APS Life Member
  • American Numismatic Association since 1964, ANA Life Member
  • National Stamp Dealers Association, NSDA since 1998
  • United States Stamp Society, USSS since 1983; etc.

Phones: 818.905.1111  or  818.515.1222  Fax: 818.905.1114

By appointment only, please.
Emails:  americanacorp@sbcglobal.net   or   jaytell@hotmail.com

Jay's 'Bobby Darin Tribute':
http://www.canadafreepress.com/golden-oldies/bobby-darin040407.htm
and
http://www.bronxbabe.com/Page27.html

Michele Tell-Woodrow, Las Vegas, Jay's niece, top PR and media expert:
http://www.preferredpublicrelations.com/company_ind_michele.html

 
Sean Astin, Jay's nephew, actor/director/producer, call-in radio host:

http://www.voxpopuliradio.com/

Melissa Davis, Jay's friend, author, book publisher, Beatles legacy authority:
http://www.thebeatleworksltd.com/#!about-melissa-davis/cdr9

Jay's Linked-In profile:  https://www.linkedin.com/profile/view?id=103263951&trk=nav_responsive_tab_profile_pic

Jay's Facebook page: https://www.facebook.com/jay.tell.180

Photo: A Happy Hanukkah!

This website address: 
http://www.americanastampcoin.com

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