Stanley Gibbons Group

The new management of Stanley Gibbons has launched a scathing attack on the way the firm had been run after the collectables and auction group posted losses of £29m.

Auction group Dreweatts & Bloomsbury will close their Maddox Street premises next year to focus on a new London location in Pall Mall.

Collectables and auction business Stanley Gibbons has posted a £28.9m full-year loss after writing down the value of its assets.

Ian Goldbart, lifelong coin collector and former managing director of AH Baldwin & Sons, is launching a new numismatic dealership and auction firm in Mayfair.

Major changes have been announced to the management and board of Stanley Gibbons after the chief executive and chief financial officer were made redundant.

Rupert Powell has resigned as deputy chairman of Bloomsbury Auctions where he has worked for 31 years. He will work out a notice period.

The auditors for Stanley Gibbons, the venerable collectables dealership and parent company of Dreweatts Bloomsbury, Mallett and AH Baldwin, have resigned because they believe the firm is exposed to excessive risk.

The upheaval at venerable Mayfair and Manhattan dealership Mallett continued at the end of 2015 with the departure of two senior executives.

The Stanley Gibbons Group has bought online wine trading platform Bid for Wine.

Stamp specialists Stanley Gibbons and coin specialists AH Baldwin and Sons are both exhibiting at this year’s ‘Masterpiece London’ fair for the first time.

The Stanley Gibbons Group has won the Deal of the Year at the 2015 Quoted Company Awards for its acquisition of Noble Investments.

Dreweatts & Bloomsbury have announced two new alliances as they reshape the wider business as part of the Stanley Gibbons Group.

Stanley Gibbons have launched their online collectables marketplace dealing in low-value stamps, coins, postcards and memorabilia.

The Fine Art Auction Group’s (TFAAG) acquisition of Mallett on behalf of the Stanley Gibbons Group has been confirmed following the acceptance of its cash offer by more than 95% of Mallett PLC’s shareholders.

Stanley Gibbons are to acquire Mayfair dealers Mallett in a deal said to be worth £8.6m. The deal, just announced, caps almost a year of the stamp and coin specialists spreading their influence through the wider art and antiques world following their acquisition of Noble Investments last November.

The Stanley Gibbons Group have successfully completed their acquisition of Noble Investments (UK) PLC.

Noble Investments (NBL) have confirmed that their board have recommended acceptance of the proposed acquisition by Stanley Gibbons (SGI) in a cash and shares deal worth 255p a share, 192.5p of which will be paid in cash.

Stanley Gibbons have approached Noble Investments to explore the possibility of a takeover.

COLLECTABLES specialists Stanley Gibbons have opened a new office in Hong Kong in a bid to stake a claim in the Asian market for coins, military medals, stamps and historical documents.