The company has a long corporate history, having started as a
sole trader business owned by
Edward Stanley Gibbons in 1856 and now being a quoted company with a number of subsidiaries.
Before 1900 The business started when, employed as an assistant in his father's pharmacy shop in
Plymouth, Gibbons set up a counter selling stamps. In 1863 he was fortunate enough to purchase from two sailors a sackful of rare
Cape of Good Hope triangular stamps. In 1956 the company celebrated its centenary with an exhibition at the Waldorf Hotel opened by
Sir John Wilson. In the same year, Queen Elizabeth II granted her royal warrant to Stanley Gibbons Ltd as her philatelist.
1960s In 1967 the firm expanded into the United States in a joint venture with
Whitman Publishing. A magazine and catalogues were produced. In 1968 the previously privately company was floated on the stock market through a tender arranged by
S.G. Warburg. The offer was a huge success and was oversubscribed five times. The shares were sold at 20 shillings rather than the minimum tender price of 12 shillings and six pence. It was estimated that there were 30 to 35 shareholders before the offer and they still owned 66% of the equity after the offer, worth at least £1.8 million before trading began. Prices subsequently slipped back, however, later in the year.
1970s In 1970
The Crown Agents acquired a 20% stake in the company and appointed two Directors to the Gibbons board. The stake was sold in 1976 by which time it had grown to 25% of the company. In 1977 Stanley Gibbons acquired the stock of the firm
Chas Nissen, once run by the eminent stamp dealer and philatelist
Charles Nissen. In 1979 Gibbons was bought by
Letraset for £19 million in an attempt to diversify away from their dry-lettering business, but the acquisition did not go smoothly and, like
Flying Flowers later, Letraset found it difficult to integrate Gibbons into its core business. The chairman of Letraset blamed "indiscriminate expansion" and "imprudent" investment decisions for the problems at Gibbons and was quoted in
The Times as saying "We significantly overpaid for what we got." The US$10 million paid by Gibbons for the Marc Haas collection was also questioned.
1980s In 1981 Letraset was acquired by
Esselte after a takeover battle with
Mills & Allen International. Letraset had been fatally weakened by its lossmaking Stanley Gibbons subsidiary. Later that year Gibbons was put up for sale by Esselte as they said it did not form a logical part of their long-term development. In 1981 Gibbons bought the stock of the late
H.F. Johnson. In 1982
Clive Feigenbaum staged a management buy-out followed by an application in 1984 for a listing on the UK's
Unlisted Securities Market in order to raise funds for new acquisitions. Following the buy-out, Feigenbaum, the chairman, had owned over 50% of the shares with the others owned by the rest of the board. The listing went ahead but the shares were suspended within moments of their debut even before trading had begun, following concerns about Feigenbaum's background highlighted in an article in the
Sunday Times. The suspension was said to be the fastest on record at that time. The concerns had surrounded Feigenbaum's expulsion from the
Philatelic Traders Society for breaching their code of ethics and his sale of "23 carat gold" stamps of no postal validity from the island of
Staffa. U.S. government tests had shown the stamps, sold at £10 each, to have a gold value of about 5c each. The debacle was said to have caused considerable embarrassment, not just to the company but also to its USM brokers
Simon & Coates. Shortly afterwards, Feigenbaum resigned as chairman and was bought out by a consortium of institutions and individuals for £3 million. A further attempt at a listing was planned for 1985 but did not go ahead. In 1989
Paul Fraser began to invest in the firm, and he purchased a further 30% stake in the company from New Zealand businessman
Sir Ron Brierley who is a stamp collector.
1990s Paul Fraser was appointed Executive Chairman in 1990. By 1995 Fraser had acquired 76.83% of Gibbons shares and he purchased the rest of the shares in December 1995. The merger was not a success and in 2000 the two companies were demerged again after a series of profits warnings and trading problems. Paul Fraser's stake was reduced in value from £13.5 million to £4 million. The de-merged Stanley Gibbons became
communitie.com and was listed on
AIM. The chairman of Flying Flowers was quoted as saying the deal "...was at the wrong price and at the wrong time."
Since 2000 In August 2007, Paul Fraser resigned as Executive Chairman and in April 2008 he sold his remaining shares to focus on Paul Fraser Collectibles. On 20 September 2010 the company announced it had acquired the trade and assets of the Benham first day cover and collectibles business from Flying Brands Limited. On 21 November 2013, Stanley Gibbons successfully completed its acquisition of Noble Investments, bringing Apex, Baldwin's, and Dreweatts & Bloomsbury Auctions into the group. In 2014, two further acquisitions followed: On 31 January the company acquired Murray Payne, the world's leading dealer in British Commonwealth
King George VI stamps and on 23 October The Fine Art Auction Group, holding company of the Group's subsidiary, Dreweatts and Bloomsbury, announced that it had acquired
Mallett Antiques - a dealer in antiques and decorative arts with retail premises on London's
Dover St and New York's
Madison Avenue. On 28 January 2015 the company was awarded 'Deal of the Year' at the 2015 Quoted Company Awards for its acquisition of Noble Investments. In July 2015 the company announced that The Fine Art Auction Group had acquired Bid for Wine, a specialist online wine auctioneer founded in 2008 by barrister Spenser Hilliard and ex-management consultant Lionel Nierop. Later in 2015 the group's share value started to fall significantly, dropping from 240p in August 2015 to 15.75p in April 2016. This general decline continued, with lows of 1.5p being recorded in March 2020. Stanley Gibbons (Guernsey) Limited, the group's subsidiary which handled investment portfolios, was placed under administration on 21 November 2017, with Nick Vermeulen and Zelf Hussain as joint administrators. On 8 June 2021, Stanley Gibbons purchased the
British Guiana 1c magenta at auction for $8,307,000. The company has since offered shares in the stamp to collectors using the showpiece platform. On 22 December 2023, Stanley Gibbons announced the company's insolvency. In a "pre-pack administration process" the business was bought back by a new company called Strand Collectibles Group. In 2025, Stanley Gibbons launched its Comics Division with key issues
Marvel and
DC as a way to diversify its business. ==Stamp catalogues==