“Saw you yesterday morning,” Michael said. “If I remember correctly, you were in the room when that big block got away from me.”
“Quite a price it brought.”
“Way more than my maximum, so I wisely sat back and let it go. And guess what?”
“You’ve been kicking yourself ever since.”
“Around the block and back again. Oh, I know I was right to let it go, but when am I gonna get a shot at a piece like that again? Not until they auction off the collection of the sonofabitch who bought it, and by then it’ll probably go for three times what it brought yesterday. Nick, I’ve bought some things I shouldn’t have over the years, and I’ve paid too much for some of them, but that sort of thing never bothers me for more than a minute or two. It’s the ones that get away that drive you crazy.”
Obock J1, Keller thought.
He worked on his breakfast while Michael told him about the afternoon session, where he’d made up for the loss of the block by picking up all the covers he’d had his eye on, most of them at good prices. “But I wanted that block,” he told Keller, “and I still want it. How about yourself? What are you looking to buy today?”
Keller had a seat in the auction room and was studying his catalog when he realized he’d forgotten to call Dot. He hadn’t called Julia, either, to wish her a good morning. Should he duck out and make the calls? He thought about it, and then they started the sale and called the first lot, and he decided to stay where he was.
By the time they got to France and French Colonies, Keller had bid on ten lots and acquired six of them, letting the others go when the bidding climbed out of his range. As Michael had observed, a general collector always has plenty of things to buy, and Keller spent a few dollars and added a few stamps to his collection, issues from Albania and the Dominican Republic and Eastern Rumelia and Ecuador, none of them bringing more than a few hundred dollars. Then they got to the French section, where Keller’s collection was strongest and where the lots he needed were higher in price, and harder to find. He sat calmly in his chair, but he felt anticipation and excitement coursing through him like an electric current.
The Obock stamp was valued at $7500 in Keller’s Scott catalog, while his Yvert et Tellier specialized catalog of France and its colonies listed the stamp at €12,000, or almost double the price in Scott.
Both Scott and Y&T mentioned the reprint, Scott pegging it at $200, Y&T at €350. Keller couldn’t remember what he’d paid, but thought it was around $150. Now he’d have the chance to bid on the original, and had a feeling it was going to bring a high price.
Back in New Orleans, before Dot’s phone call, Keller had already had his eye on the stamp. At the time he’d decided the stamp was worth $10,000 to him, but wasn’t sure he could rationalize spending that much money. Now, with his business on Caruth Boulevard successfully concluded, the money was there to be spent. He picked up a couple of lots—an early stamp from Diego-Suárez, an inverted overprint from Martinique—and when Obock J1 came up, he was ready.
Moments later, the stamp was his.
There were other lots that he’d marked in his catalog, but he was no longer interested in bidding on them. He felt as though he’d just fought a prizefight, or run a marathon, and all he’d done was raise a forefinger and keep it raised until he was the only bidder left.
The hammer price was $16,500, and he’d have to pay a 15 percent bidder’s premium on top of that, plus whatever sales tax the state of Texas felt it deserved. Close to $20,000 for a homely little square of paper, but it was his to have and to hold, his to protect in a black-backed plastic mount, his to place in his album alongside the $200 reprint to which it looked essentially identical.
In the elevator he felt a twinge of buyer’s remorse, but by the time he was in his room it had dissipated, leaving him with a warm glow of accomplishment. He’d had to hang in there, had to keep his finger in the air while other bidders in the room gave up and dropped out, then had to hold on until the phone bidder finally gave up and let go. It was a rare stamp, and other people wanted it, but the whole point of an auction was to see who wanted something the most, and this time around it was Keller.
He called Julia from his room. “I got the stamp I wanted, and it’s a beauty. But I had to spend more than I expected, so I’m going to skip the afternoon session and hit the road early. I’ll break the trip somewhere, and I should be home some time tomorrow afternoon.”
She told him the latest cute thing Jenny had said, and a little gossip about the young couple who’d moved into the old Beaulieu house, and when the conversation ended he switched phones and called Dot, and this time she answered.
“I tried you yesterday,” he said, “and then I was going to call first thing this morning but it slipped my mind, and I was all caught up in the drama of a stamp auction.”
“With all the pulse-pounding excitement thereof.”
“What I wanted to tell you,” he said, “is it’s all taken care of, and it couldn’t have gone better.”
“Is that so.”
“Double bonus,” he said.
“Oh?”
They were using a pair of untraceable phones, but even so he felt it best to be cryptic. “The primary is down,” he said, “and the secondary objective is fully implicated.”
“Do tell.”
He frowned. “Is something wrong?”
“From a dollars-and-cents standpoint,” she said, “I’d have to say there is. There’s not going to be a bonus, let alone a double bonus.”
“But—”
“As a matter of fact, we can forget about the second half of the basic fee. You know, the portion due upon completion of the assignment?”
“But the assignment was completed.”
“I’ll say.”
“Dot, what’s the matter?”