The philanthropic philatelist is at it again. Wall Street money manager, Bill Gross is selling off another portion of his extensive stamp collection in a public auction estimated to bring over $1.25 million. All proceeds from the sale of his British Empire stamps will be donated by Sue and Bill Gross to the Millennium Villages Project at the Earth Institute at Columbia University. Spink Shreves Galleries is holding the sale in New York City on October 3, 2008 and pre-auction displays of the historic stamps are planned in London and New York.

This is the third time Gross has offered portions of his collection to raise millions of dollars for charity, and the second time the Millennium Villages Project has been selected as the recipient of the proceeds. This part of the collection has 138 items; rare and one-of-a-kind stamps and covers (envelopes with canceled stamps) from across the globe of the 19th and early 20th century British Empire. There are rarities from such places as Australia, the British West Indies, the Cape of Good Hope, Cyprus, Gibraltar, India, Malta, and Mauritius. Shown above is a trial printing "square pair" of 1863 Cape of Good Hope triangular-shaped, carmine red, mint condition, one-penny denomination stamps with a pre-sale estimate of $80,000 or more. The auction has its own website with more details here.

Our latest Big Giver is Wall Street bond manager, Bill Gross, or as I like to fondly call him, the Philanthropic Philatelist, will offer the Scandinavia portion of his extensive, international stamp collection in a public auction which is conservatively estimated to bring over $1 million. Proceeds from the collection's sale will be donated by Sue and Bill Gross to the Millennium Villages Project at the Earth Institute at Columbia University. The Spink Shreves Galleries of New York City and Dallas will conduct the sale in New York City on May 16, 2008.

The collection has 110 rare and even several one-of-a-kind 19th and early 20th century Scandinavian stamps including an unusual printing 152 years ago of Finland's first postage stamps that shows adjoining images that are upside down to each other, a peculiar placement known as tête-bêche. Charles Shreve of Spink Shreves Galleries says that the piece, a mint condition block of four stamps containing two pair of 10 kopek denomination stamps, the first stamps of Finland from 1856, is one of only three known and estimated to sell for $100,000 to $150,000; however, Shreve expects the winning bid will be even higher.

This isn't the Gross's first shot at stamp philanthropy, the Great Britain portion of his stamp collection was sold through Spink Shreves Galleries in June 2007, and he and his wife, Sue, donated the entire $9.1 million auction proceeds to charity.

The Millennium Villages Project is working to create health, education, agriculture and infrastructure programs to help some of the poorest people throughout the African continent through simple concrete means such as bed nets to fight malaria, seeds and fertilizer to increase food production, the building of schools and clinics, and safe water. The stamps will be displayed for potential bidders at the Spink Galleries in London, England, May 5 – 7, and at the New York City offices of the auction house, May 9 – 12 and May 15.