Canadian Stamp Auctions
Stamp Market Commentary
In our last commentary, we looked at the increases in the value of Canada’s early classic stamps. We recognized that these were stamps few people could afford. Now we turn our attention to the Jubilee set, one of the most popular of Canada’s early stamp sets.
We look first at how the value of the individual stamps in the set has increased in the past 10 years between 2003 and 2013 and pick the winners. Then we compare the 2013 Scott values to the most recent record prices realized at auction. These two exercises help show which stamps have attracted the most demand and best prices. Was it the highest value stamps or the lowest? Was it the stamps with the lowest number issued? The results will interest you.
winner is the 8¢ Jubilee. It was the only stamp to increase by
over 100% in the 10 year period. It is interesting that none of these
% increases for the Jubilee set are anyway near the increases shown
in the previous commentary (Comm. No. 158)
for Canada’s early classics. The two other top ranking stamps
were the $1 and the 5¢. Otherwise the Scott value increases are
relatively similar across the set. We find this surprising as they do
not reflect the differences in the number issued, shown in the chart
But in relative terms, it was the 3¢ Jubilee, shown above, that won the best record price title with a premium over the Scott value of 944%. We like it when the lower value stamps shine. It’s these stamps that the average collector can obtain and it’s nice to know that there’s something extra special about owning such a stamp.
We hope you have enjoyed this review of the Jubilee set which is one of Canada’s most beautiful and definitely a favorite with collectors.