Canadian Stamp Auctions
Stamp Market Commentary
We were curious, of course, about the extent, if any, of this year's price changes. In view of the softening of the global markets in the past year, including the stamp market, we wondered what increases or decreases we would see.
Unitrade has wisely decided to stay the course. There are a few increases, but they are mostly limited to some of Canada's rare varieties. On the other hand, there are almost no decreases. We think that, once again, Unitrade has this right as we think the soft market of the past year is stabilizing.
turn to the price changes in the latest Unitrade. Once again, while
we illustrate some of them just to make things interesting, we caution
that these are not representative of the prices generally which were
Classics Scott 1 - 20
Increases for Scott 1 and 10
Large Queens Scott 21 - 33
Increases for Scott 25viii only, the 3¢ on Bothwell paper.
Small Queens Scott 34 – 47
in Scott 34, 35ix, 38 (used), 41 and in a number of precancelled stamps.
is a summary of the price increases for the early sets:
An area that stood out was the substantial increases in the first day covers in the Scroll and Arch sets. Here is an outstanding example:
Very few increases were noted after the 1930’s
Some Outstanding copies
For those lucky collectors who own the following stamps, there were some nice increases:
A year ago, we noted that the market outlook for this year would be uncertain and that it remained to be seen what would happen. Well, the strong markets of the early part of 2008 have not returned but, as mentioned above, the shaky stamp market of the past year does seem to be stabilizing. Unlike this time last year, we have more optimism about where things will be a year from now
One of the biggest changes we have seen in the past year is the huge expansion of the global money supply. This could eventually lead to instability and possible inflation. Some think that holding high-quality valuable stamps could offer some protection in this environment. This may make sense in theory, but unfortunately the stamp market is a thin one, making values unpredictable and therefore risky. To succeed with stamps as an investment, one must be knowledgeable, sophisticated and patient.
We have prepared summaries of the noticeable price increases and new listings in this year's catalogue. To see them, please click on the following buttons: