‘Bond King’ Bill Gross is about to make a killing on his stamp collection, but he thinks the market is due for a correction and is getting out
June 9, 2024
Bill Gross Says European Bonds Are Becoming More Attractive
June 10, 2024Bill Gross seeks to set record by selling stamp collection for up to $20mn
By Brooke Masters
June 9, 2024
Investor Bill Gross, once known as the ‘bond king”, is looking to set a different investment record next week when the highlights of his rare stamp collection go under the hammer in New York.
Gross, who built the most complete collection of US stamps in history, is putting it for sale piece by piece on Friday and Saturday at the Robert A Siegel auction house. Presale estimates suggest the sale could bring $15mn to $20mn and set a record for a US stamp collection.
