“Collectibles - Investing, Collecting, Dealing, News, Auctions and much more”

The Internet's Most Popular Collectibles Newsletter

FREE REPORT: Sign up for your free newsletter for exclusive news and expert opinion and receive your free report as seen on MSN Money: "The Secret Index" +14.84% increase per annum

Sign up for your FREE newsletter

Current location: News | MEDALS & MILITARIA | 2011 News Archive

Paul McGinness DFC DCM medal group

QANTAS-founder Paul McGinness's medals soar to AU$252,000

Paul McGinness's unique combination of medals, won before he co-founded QANTAS, impressed bidders



Earlier this month, Leonard Joel auctions held a unique medals auction based around just one lot:

This was the WW1 DFC, DCM group of eight awarded to flying ace and Qantas Co-Founder Lieutenant Paul Joseph McGinness.

Ahead of the auction, Head of Collectables & Books at Leonard Joel Giles Moon explained how delighted they were to have the opportunity of offering the medals:

"Leonard Joel has sold important medal groups in the past though none quite as significant as the McGinness Collection. We are particularly excited to be offering this group as it is being offered with a remarkable archive associated with the formation of QANTAS which was co-founded by McGinness in 1920.

Paul McGinness DFC DCM medal group
Paul McGinness's DFC and DCM medal group

"The collection includes photographs of some of the first QANTAS flights piloted by McGinness in the company’s first aircraft, an Avro 504K."

It is believed to be unique as no other Australian serviceman is known to have received both the Distinguished Flying Cross and Distinguished Conduct Medal during WWI or WWII.

McGinness was one of the few survivors to take part in the ill-fated charge at the Nek at Gallipoli and was later awarded the Distinguished Conduct Medal (DCM) for action against the Turkish Army at Jifjafa in 1916.

He later flew Bristol Fighters in the Middle East, gaining seven victories and recognition as a flying ace - five victories was considered the qualification. He was awarded the DFC for action on 24 August, 1918.

Having lost the funding to take part himself, McGinness undertook surveying for the Great Air Race. He and his partner mad painfully slow progress on the roads, inspiring them to found the Queensland And Northern Territory Aerial Service (QANTAS)

Rambahadur Limbu's signature
Rambahadur Limbu's signature on a list of Victoria Cross winners
(Click to find out more....)

The collection was expected to sell for AU$160,000-200,000 (up to US$205,000) in Melbourne or online on November 20. However, the uniqueness of the occasion was not lost on bidders, and the final sale price was an impressive AU$252,000.

Collectibles such as medals associated with heroic actions will always be treasured by collectors. For example, we're currently proud to own a list of recipients of the Victoria Cross which has been signed by VC winner Rambahadur Limbu.


Recent and related articles

Rolf Jager militaria collection triumphs at Hermann Historica | 7 November 2011

Antique pirate blunderbusses star at Bonhams' London arms sale | 31 October 2011

Ottoman khanjar blade raised high at Hermann Historica's militaria auction | 30 October 2011


Your collecting

View our stock items for sale  |  How to start a collection


Guides and analysis

Investing in Gallantry Medals  |  10 reasons to invest in collectibles  |  Market information & demographics


www.paulfrasercollectibles.com

Images: Leonard Joel

Last updated: 30 November 2011