of Jay Tell
AMERICANA STAMP & COIN GALLERIES, INC.
Jay Tell has 46 years experience as a rare stamp and
coin dealer. He has also handled large quantities of gold, silver,
rare autographs, documents, antiques. Hes a
former newspaper editor and publisher and lifelong writer, born
1944, No. Bergen NJ. Jay is President of Americana Stamp &
Coin Galleries Inc, 16060 Ventura Bl, PMB105A Encino, CA 91436
Ph: 818.905.1111, 818.515.1222; Fax 818.905.1114; email@example.com
Since age 21 in 1965 Jay has owned and operated five
LA retail stamp and coin stores. He has handled perhaps
75,000 transactions for $100 million. Same bank, problem-free,
since 1970. A booth holder at major shows since age 14, his
first, in 1958, was also the very first New York Interpex Stamp
Expo. As a licensed, bonded California auctioneer Jay has never
been the subject of a complaint.
1975 at 31 Jay was the first dealer in history
to buy and sell a coveted Nobel Prize. It had been
rejected by major dealers in England, Europe and the U.S. It
is believed the only Nobel treasure to ever leave the recipients
or his familys possession. This Nobel gold medal, awarded
to Sir Cyril N. Hinshelwood for chemistry in 1956, reportedly
is now offered by Tiffany & Co, London for $50,000.
Jay made philatelic history in 1999 when he bought and sold
the ONLY UNIQUE United States stamp, Scott #164,
the 24c 1875 Winfield Scott printed by Continental Bank Note
Co. Jay dubbed it the Lost Continental. The original
discoverer was unable to sell it for 31 frustrating years, 1968-
1999. His highest offer was only $2,000. It was rejected, belittled
and blackballed by the nations top auction houses and
dealers who disparaged its legitimacy, convincing major players
to stay away.
When approached by the disheartened owner in Oct 1999, Jay was
immediately certain the purple adhesive was authentic. He did
extensive research into its amazing history, consulted 20 experts,
and launched a major editorial, PR, advertising campaign at
his own expense. He boldly took on powerful interests protecting
another stamp, the 1c 1868 Z Grill which for 31
years was widely but incorrectly touted as Americas
rarest stamp. There are two known examples of the Z Grill,
#85A. If Jays #164 with only one known to exist was validated
with a meaningful sale, the world-famous Z Grill
would drop to second place. Despite millions spent for thousands
of ads and many articles for three decades erroneously
claiming the Z Grill to be the rarest
U.S. stamp, its lofty perch was about to topple.
Jays ground-breaking #164 research was featured
in stories, ads and a hard-hitting four-page Tell Tales column
Dec 17, 1999 in America's oldest stamp weekly, Mekeels
& Stamps Magazine, est 1891. His media campaign blitz made
an unprecedented, compelling case for authenticity of the 1875
ribbed paper classic. The romance and excitement of Jays
Lost Continental expose earned impressive full-page editorials
and comprehensive news coverage in all three top stamp publications.
After 31years of ridicule by so-called experts
with brazen ulterior motives, in just eight weeks in a special
one-lot Internet auction (Dec 21, 1999), Jay sold #164 for $397,838,
the philatelic Internet world-record.
Early researchers and legendary philatelic authors Luff, Brookman,
Chase, Ashbrook, Perry etc were the pioneer stamp experts of
the late 19th and early 20th century. But they could only surmise
that #164 should exist, since no one had ever found one. Undiscovered
since 1875, lost to the sands of time until 1968, #164 was not
truly acknowledged for 124 years until Jays 1999 landmark
sale. News of the historic event rocked the stamp world. It
is by far the rarest, most valuable philatelic showpiece ever
exclusively marketed on the Internet. It was front-page news
in the philatelic press, banner stories in daily newspapers.
Jay was interviewed on three major TV news shows. In Jan 2000
amid armed guards #164 was the top exhibit for three days at
San Diegos 28th annual SANDICAL Stamp Expo.
Scott #164 is now recognized by the renowned Scott Stamp
Catalogue, est.1868, as the only UNIQUE United States postage
stamp. It is certified as the only authentic #164 by the respected
NY Philatelic Foundation, est.1945. It is celebrated in the
Court of Honor as AMERICAS RAREST STAMP by the American
Philatelic Society, est.1886, the worlds oldest, most
respected and largest stamp organization, 50,000 members. No
museum has one, not even the Smithsonian. No one can complete
a U.S. stamp collection without #164. Even the famous $8 million
Zoellner collection, largest U.S. collection in history, did
not have #164. In 1998, Zoellner was incorrectly advertised
as the only complete U.S. collection. Jays
1999 purchase of the Lost Continental and its
historic sale for nearly $400,000 is the crowning achievement
of Jays career, begun at age 14 in his NJ attic.
In 1962-1963 at age 18-19 Jay was the first stamp editor
of the Las Vegas Sun daily newspaper. He created a
weekly double-page Sunday magazine spread. Some of his columns
were reprinted in Linns Stamp News, worlds largest
stamp newspaper. He attended Nevada Southern University, later
UNLV, and was editor of the college newspaper. He worked nights
as busboy and waiter at the Sands Hotel, during the legendary
Rat Pack era of Frank Sinatra, Dean Martin and
Sammy Davis Jr.
In 1962, Jay helped manage his first political campaign,
the stunning victory of unknown Ted Marshall for District Attorney.
It is still regarded as one of the biggest upsets in Nevada
political history. Only to be topped later when Jays
newspaper the Las Vegas Free Press ran a 10-week expose preventing
a 20-1 cinch favorite, powerful but corrupt columnist
Paul Price from being elected to City Council.
1964 at 19 Jays first LA stamp-coin office was downtown.
He soon opened a store on Spring St, the first of five LA retail
stores generating perhaps $100 million in career sales.
In 1965 at 21 Jay was the first stamp-coin editor of the Los
Angeles Times creating Stamp & Coin Corner
a popular column which ran for 30 years. In 1965 he moved to
the penthouse of the Lesser Bldg on Wilshire Blvd in Beverly
Hills where Jay installed the first nationwide coin teletype
system. In 1965-1969 his Fairfax store near LAs Farmers
Market pioneered the coin bullion business in the U.S.
next three retail stores were in LA's San Fernando Valley:
Sherman Oaks 1973-74, Studio City 1974-83, Tarzana 1984-92 his
largest, a beautiful 2,000 Sq Ft retail showroom and gallery
featuring rare stamps, coins, gold, silver, jewelry, antiques,
supplies, mail order, floor-mail auctions.
complaint-free memberships: Life Member American Philatelic
Society (APS since 1963); American Numismatic Association (ANA
since 1964); National Stamp Dealers Assn NSDA; United States
Stamp Society-Bureau Issues Assn USSS-BIA; American Airmail
Society, AAMS; American First Day Cover Society, AFDCS; American
Topical Assn, ATA etc NY Philatelic Foundation. Jay was on the
Board of Directors of Sandical Stamp Expo, San Diegos
oldest and largest show.
is a former newspaper publisher and editor. In 1971, Federal
Judge Roger Foley admitted Jay's Las Vegas Free Press as evidence
in the famous Howard Hughes proxy case, saying, from the bench,
The Free Press is the only paper in the nation to get
the story straight. Jay exposed Sun publisher Hank Greenspun
and Hughes CEO Robert Maheu who fleeced billionaire Hughes of
$20 million. Jays paper created stunning election upsets.
He opposed the Vietnam War, but supported our valiant troops
and mourned his fiancés brother and 58,000 American
soldiers who tragically died.
the 60s Jays fearless investigative reporting
championed women's rights, civil liberties, labor, Legal Aid
Society, environment, natural foods; Public Defenders Office
so each accused must now get a Constitutionally-required attorney.
He backed stronger Medicare and helped pass Nevadas first
Equal Housing Law. Long before the Supreme Court agreed, Jay
was pro-choice; he backed Alis quest to regain a license.
In the 70s Jay owned Nevadas first health restaurant,
Food For Thought.
Bobby Darin was Jays close friend and business
partner. Bobby recorded 200 songs, Mack the Knife,
Dream Lover, Beyond the Sea etc.
In 13 films, Oscar-nominated in 1964, in 1970 his career was
quiet. Jay negotiated the entertainers highest-ever salary,
$40,000-a-week at three top Las Vegas Strip resorts. This revived
Bobbys career and led to two prime time NBC-TV shows,
before his tragic 1973 passing at 37. In Dec 2003 Jay wrote
the Bobby Darin 30th Anniversary Tribute, on 25 websites.
late father Jack Tell was a New York Times assistant editor.
A relative was stamp editor of the New York Post. Jay
grew up in the journalism and philatelic communities. He attended
University of Nevada Reno. In 61 the Tells owned Mark
Twain's world-famous Virginia City Territorial Enterprise. At
17 Jay cut his journalistic teeth writing, editing, setting
hand-carved wooden headline fonts. He ran a century-old flat-bed
press and historic line-o-type, melting lead pigs
for hot type galley proofs. Since 1965 the Tell family has continuously
published the respected Las Vegas Israelite newspaper.
first major find was in 1958, an 8c Liberty plate
# block of four with only one plate number instead of two. It
was rejected as a fake by major NY stamp dealers.
The owner disagreed since hed bought it at the post office.
Veteran dealers referred him to an error specialist in N.J.
He was shocked, amused when Mr. Tell was only
14, with three attic rooms of elaborate Lionel trains, planes,
soldiers, stamps and coins. The mans asking price was
only $3.75. After inspection Jay purchased the widely scorned
item and was thrilled to get a Philatelic Foundation Certificate
of Authenticity. He soon sold it for $250, a fortune for a ninth
grader in 1958. It was the first of only five 8c Liberty (#1041)
one-number errors ever discovered; Jay has handled three. (Full
story in Tell Tales, gratis via email)
1959 at 15 Jay published a 16-page illustrated price list, the
first-ever solely devoted to stamp errors, now a classic in
the field. A dealer consigned a Jenny invert C3a to
Jay; he sold it for $4,500, a $500 profit. Today Jennys
are the worlds most famous stamps, selling for $100,000-$500,000
each (Tell Tales, gratis). Jay has announced major finds of
rarities and errors, many not in catalogs.
1966 at 22 Jay helped list $1,000 silver dollar bags on the
NY Mercantile Exchange, on which Jay owned a seat which he later
sold for a profit. Silver dollars became Americas
newest commodity. The landmark event earned a big spread in
Fortune Magazine. Jay was interviewed on TV and radio, such
as the Joe Pyne Show on 200 stations nationwide. Jay urged listeners
to invest in choice, rare stamps, coins, un-circulated silver
dollars, which have since appreciated several thousand percent.
In1967 at 23 Jay purchased the famous Whitney-Green
coin and stamp collection for $350,000, a celebrated event.
The landmark acquisition was banner national news. Weekly multi-full-page
color spreads in Coin World, worlds largest numismatic
newspaper, brought 200-400 mail orders a day for a year. Jay
is an advertiser since 1958. In his early 20's his firm of 26
employees grossed millions.
1979 Jay outbid major dealers, purchasing for $15,500 an un-circulated
1913S key date U.S. $10 Indian gold MS64, the highest
grade ever discovered. He soon sold it for $35,000 a $19,500
1983 Jay ran the largest advertisement in philatelic history,
10 pages in Linns Stamp News, the world's largest philatelic
publication. This landmark mail auction was first ever to top
$1 million. It featured 1,639 lots of U.S., worldwide classics,
rarities, errors, gems, showpieces. In this lavishly photographed
sale were four world-famous inverted centers, 15c & 24c
1869 Pictorials, 1901 Pan American, 1959 Canada Seaway, each
a coveted treasure never before sold together in the west.
In 1987 Jay was philatelic consultant and exclusive
buyer for John D. Rockefellers grandson, handling
all of his acquisitions of fabulous philatelic rarities. (Recounted
in Tell Tales, gratis via email)
1991 Elvis Presley driver's license promotion earned priceless
newspaper, TV, radio publicity plus an entire Liz Smith column
internationally syndicated in 600 papers. He has written
hundreds of stories on current events, philately, politics,
show reviews etc. His Open Letter to Osama bin Ladin two days
after the 9/11attacks was published in two newspapers and on
20 web sites. (gratis via email)
has been the author of popular Tell Tales columns featured
in Americas oldest stamp weekly, Mekeels and Stamps
Magazine, est. 1891, permanently archived in philatelic libraries
gilt-edged Roosevelt Albums (complete US proofs, 1847-1903)
were made in 1904 by Pres. Teddy Roosevelt, a lifelong stamp
collector. The original 85 embossed albums were gifts to statesmen,
Supreme Court justices, kings, queens, renowned industry icons
Astor, Mellon, Vanderbilt, JP Morgan and other luminaries. In
time most were broken up for sets or singles. Perhaps 10 remain
intact outside museums (Smithsonian, Sagamore Hill, Hyde Park
etc), Jay may be the only dealer in 101 years to buy and sell
two complete, coveted Roosevelt Albums, for a record $75,000
March 1999 a major discovery of Jays was again banner
news. The 20c 1982 Love stamp plate #
block of four with the only two copies known to exist with purple
100% omitted, a unique treasure. His major publicity promotion
yielded front page news stories. The one-of-a-kind showpiece
sold for a record $22,000, and is now listed in the Scott Catalogue
as a major error.
Jay is a former consultant-contributor to the prestigious
Scott Postage Stamp Catalogue, est. 1868, the stamp
collectors bible. Scott is the standard
found in nearly every library in 180 nations, the premier annual
philatelic reference source for virtually all stamp collectors
and dealers worldwide.
Hes handled some of the most valuable stamps,
world-class rarities, 19th and 20th century classics, famous
errors, proofs, essays, covers etc. A unique 1968 Disney
error, a one-of-a-kind showpiece, is available for a fortunate
investor. Jay has bought / sold perhaps 300 inverted centers,
probably more than any other dealer. Most collectors and dealers
never see even one invert in their entire lifetime.
1958 Jay has bought/sold valuable autographs/documents such
as US Presidential Patents, ribbon-bound 1825-1833-1846 signed
Henry Clay, John Quincy Adams, Andrew Jackson, James Buchanan;
signed Einstein handwritten letter, signed 1932 Einstein photo;
JFK, FDR, Ty Cobb letters etc An investor-grade official baseball
is in inventory, signed by the 57 NY Yankee team, Ford,
Mantle, Berra etc A four-page 1834 Jose Figueroa (Mexico Calif
Governor) letter was rejected by top autograph dealers. Jays
research revealed historical importance, substantiating a surmised
but never proven plot to return California to Spain as described
in the UC-Berkeley Bancroft Library (2.8 million volume) world-renowned
History of California master work. Jay sold the letter for a
is a polished expert witness, consultant, incorruptible strategist,
available for advice, preparation, and courtroom testimony.
His entire career is a wealth of front line experience in sales,
purchasing, marketing, writing, publishing, editing, public
relations, advertising, mail order, retail stores, auctions.
has always been a devoted family man, an example of high ethics
and values for his children. His close-knit family includes
three daughters who live in LA. Robyn (b.1970), a UCSB
grad with a CSUN Masters, is married to Will Reinhart, UCLA
grad with Pepperdine Masters, both dedicated educators. Jay
is a proud first-time grandfather. Jennifer (b.1976), a UC Berkeley
graduate, manages a dynamic law firm, attends law school, is
a gymnastics, certified yoga instructor. Jackie (b.1982) is
Emphasis is always on buying. You make a profit when
you buy, collect it when you sell. Jay prefers rarities
but also buys hoards; one acquisition was 33 cartons! Buying
is sometimes selling a hesitant owner to part
with material. LA and Southern California is the west's largest
and most lucrative collector market with a huge population and
seasoned, century-old collector base. A daily, never-ending
stream of people needs to sell for cash. Liquidity equals buying
power, assuring profitable purchases, sales and profits in ANY
economy. This recession-proof business also thrives during inflation
or any crisis. Our proven Evaluation Agreement has pre-agreed
fee payable only if the offer is not accepted, so most evaluated
collections and lots are purchased. Resale options are quick-turn,
internet, auctions, shows, mail order etc. After five LA stores
since 1965, Jay is a veteran buyer, marketing pro and polished
deal-maker. Impressive documentation is available. More than
four decades of solid accomplishments await the sagas
next chapter, the best is yet to come. ###
Stamp & Coin Galleries Inc, 16060 Ventura Bl, PMB105A
Encino, CA 91436 Ph: 818.905.1111, 818.515.1222; Fax 818.905.1114;
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