Canadian Stamp Auctions
Stamp Market Commentary
The Scott catalogue arrived late this year in Montreal coming in June, rather than May. But it may have been just as well as there wasn't much to get excited about. In last year's edition, we saw only a few increases which was hard to take after getting used to 10 years of regular increases. The news is about the same this year as last, with even fewer changes.
Here are some quotes on the state of the market from James E. Kloetzell, the Scott’s editor:
Here are our specific comments on the various sets:
Early Canada (Scott 1-13) - There were numerous increases, none of them major. Scott 1 mint increased from $27,500 to 30,000. Scott 3 mint increased from $110,000 to $125,000
Cents Issue (Scott 14-20) - No changes
Large Queens (Scott 21-33) - Just a few increases in the mint section. Scott 29d, the 15¢ imperforate increased from $1,250 to $1,500.
Small Queens (Scott 34-47) - No Changes.
Jubilees (Scott 50-65) - Increases in Scott 61 and62.
Maple Leafs, Numerals, Edward VII, Quebec Tercentenary (Scott 66-103) - No Changes
Admirals (Scott 104-134) - Some minor declines
Scroll, Arch, Pictorials, War (Scott 149-262) - No changes
1940’s – 2000’s – just a few changes especially amongst the definitive sets in 1982, 1987 & 1991. In these sets the increases are found in many of the booklets and some of the varieties such as stamps with die cutting omitted, inscriptions omitted or inverted. The most numerous increases are those found amongst the booklets.
Back of the Book
Airmail & Special Delivery - Increases in E3 and E5 only
Registration - Increase in F2d and F3 only
Postage Due & Official - Increases in J1-5 and 047a only.
Stamp Prices in General
We have to agree with Mr. Kloetzell's remarks at the beginning of our commentary. There were, in fact, few increases with the exception of some of the early unused stamps of Canada. We would generally be a bit more positive than him. For example, we were surprised at the declines in the values of the Admiral set. A quick look at our list of new record prices in 2010 shows an impressive number of Admiral record prices. We also note the strength of some of the Back of the Book stamps. Both Scott E3 and F3 were on this year's list of notable increases as well as last years. We expect stamp prices to improve moderately over the next year as the economy improves. Making predictions can be dangerous though!