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Stamp Market Commentary

Commentary No. 173 - 17 December, 2013

The 2014 Unitrade Catalogue

The latest Unitrade catalogue arrived in Montreal in October this year, a month earlier than usual. The cost remains stable at $43.95 plus tax.

Price changes

For the 6th year in a row, the price increases were few and modest. As usual, many of the increases were for varieties, not for regular stamps. We found it interesting that a good number of the increases were for early used rather than mint stamps and also for stamps on cover. Most increases were for stamps issued before 1925. At the opposite end of the spectrum, there was only one increase for the Back of the Book stamps which we found surprising.

We now turn to some examples from the various sets.

 

Classics (Scott 1 - 20)

Increases for Scott 9iii, 10, 16, 17a and 18iv used.



9iii
2013 $12,000
2014 $15,000


10
2013 $36,000
2014 $40,000


17a
2013 $1,750
2014 $2.000

 

 

Large Queens (Scott 21 - 33)

Changes only for 22a, 25a, 28a and 31 used .

 

Watermarked



22a
2013 $600
2014 $700


25a
2013 $500
2014 $600


28a
2013 $500
2014 $600

 

Laid Paper



31
2013 $9,000
2014 $10,000

 

 

Small Queens (Scott 34 – 47)

Increases only for 39ii, 40, 40a, 40b, 44 and 45 used and 36i mint.



39ii
2013 $150
2014 $250


40
2013 $100
2014 $120


45
2013 $75
2014 $80

 

 

Jubilees (Scott 50 – 65)

Increases only for 63, 64 and 65 used.



63
2013 $1,500
2014 $1,600


64
2013 $1,500
2014 $1,600


65
2013 $1,500
2014 $1,600

 

Maple Leafs ( Scott 66 - 73)

Increases only for 73i and 73ii




73ii
2013 $800
2014 $900

 

Numerals (Scott 74 – 84)

Increases only for 75, 76, 77, 80, 83 and 84 used. Also for 82i mint.



84
2013 $150
2014 $160

 

BROWNISH ORANGE



82i
2013 $450
2014 $600

 

Edward VII (Scott 89-95)

Increases only for 92 and 93 used.


Quebec Tercentenary (Scott 96 – 103)

No changes

 

Admirals ( Scott 104 – 122)

Increases for 105c, 111a, 111iv, 113c and 128.



111a
2013 $450
2014 $500

We have recorded neither a sale nor an image for Scott 105c. It consists of two tête-bêche imperforate booklet panes. One can therefore understand the rarity of this booklet whose value increased from $17,500 to $22,500 in the catalogue.

 

Modern

Increases for 135, 219c, 223ii, 223iv, 459bpii, 1171c, 2263b and 2292ii.



405d
2013 $5,000
2014 $6,000

 

Back of the Book

Increase for MR2D only



MR2D
2013 $450
2014 $500


Conclusion


We can be thankful for those few increases that could be found, but such a small number does little to encourage collectors. Theoretically, stamp values should be secondary to the pleasure of collecting, but we suspect that once one pays a high price for a top stamp, one wants to see its value climb, if only to validate that a smart move was made!!

On the other hand, there were only a handful of decreases. This tells collectors that there is stability in the market which is reassuring. It’s been quite some time since we have seen a move across the board for stamp increases. We will simply have to be patient.

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