Canadian Stamp Auctions
Stamp Market Commentary
The latest Unitrade catalogue arrived in November and we really didn’t know what to expect. After all, our economy isn’t exactly robust. At the same time, auction material at the high end continues to produce new record prices.
The Canadian section of the catalogue contains close to 600 pages and 2,500 catalogue numbers. A very rough guess is that, with all the varieties, there may be close to 7,000 prices to review for the mint stamps and another 7,000 for the used. Add the covers and that could add up to 15,000+ potential prices to look at. After going through all that material, we found a total of only 60 price increases and maybe 8 decreases. Undoubtedly there were others that we didn’t spot as we moved through the catalogue.
Clearly, the editors were being cautious and selective. It’s a tricky market and probably the only place where one might expect to see price increases would be in the finer material amongst a few of the earlier sets.
We now turn to a review of the price changes, once again warning our readers that these increases are not representative of the market which shows little change.
Queens (Scott 21-33)
First Day Covers
of the Book
We find ourselves in much the same position as last year, but with a little less enthusiasm. There is just too much uncertainty about the future of the economy going into 2012. There is a mix of political uncertainty in the U.S. and economic uncertainty in Europe. As collectors, we will have to be patient once again and keep seeking the bargains, keeping in mind that buying stamps of the highest quality is usually the best way to form a superior collection.
To help you understand the changes in this year’s catalogue, we have prepared summaries of the Noticeable Price Increases and New Listings. To review them, please click on the following links: