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Stamp Market Commentary

Commentary No. 147 - 17 September 2011

Scott 159a - How Much Will It Sell For ?

The upcoming mail sale of Eastern Auctions on October 5th features a beautiful imperforate pair of the $1.00 Parliament. Here is the image:




Lot 3042
Scott 159a
Catalogue $1,050


This pair was described by Eastern as a pristine fresh vertical Imperforate pair VF NH.

The question we would like to ask you, our viewers, is: How much would you bid for it?

Send your answer to us at support@canadianstampauctions.com and we will see who comes closest to the price actually realized at the auction sale in October 5th.

To give you some help, here are a few statistics:
• In the past 10 years, we have recorded the sale of 23 pairs at auction,
• The best price was $932 in 2007,
• The lowest price was $425 at auctions in 2004, 2005 and 2010.
• Unitrade states that there are 250 pairs of this stamp in existence

With a price range like this, we think that your guess will be as good as anybody’s. An expert will be in no better position than a beginner. We will stick our neck out and guess that the price realized will be $1,000.

What’s the point of the exercise? It’s just to do something a little different. It allows you to imagine that you are sending in a bid but, the nice thing is, you’ll never have to pay. Anyone could be the winner. Please join us and send us your guess.

We conducted a contest like this a year ago at our local stamp club in Montreal. It was great fun and certainly got everyone’s attention. The winner got a chocolate bar. Sending a chocolate bar over the internet would be a challenge, but, with the winner’s permission, we will announce the winner and his winning guess for all to see!

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