Noble Investments buys assets of stamp dealer Leo Baresch

Coin and stamp dealer Noble Investments has bought the stamp inventory, reference library and client database of Leo Baresch Ltd for an undisclosed sum, to be funded from its current cash balance.

Noble says Leo Baresch is probably the foremost British dealer in Swiss, Austrian and Liechtenstein stamps. It was formed in the 1990s following the death of founder Leo Baresch, who had been dealing since the 1950s.

Noble MD Ian Goldbart said the assets would be absorbed into the company's stamp division, Apex Philatelics, enhancing its stamp inventory and enlarging its customer database.

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