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Stamp Market Commentary

Commentary No. 180 - 17 July, 2014

The 2015 Scott Catalogue

This year's Scott was a bit more exciting than other recent issues. The price for the catalogue in Montreal was $136, compared to $130 last year.

Charles Snee, the Scott editor, noted:

“Upward trends in values for classic-era stamps of Canada and Canadian Provinces that the Scott editors observed last year continue in Vol. 2 of the 2015 edition of the Scott Standard Postage Stamp Catalogue which lists countries of the world, C to E.
Canada comes in with almost 1,300 value changes. The Canadian market remains vibrant in two main areas: classic stamps in very fine or better grades and truly superior quality stamps from the classics to the 1930s. Most of the major changes in values are in the classics where excellent auction results this past year have confirmed the trends outlined here. As of this writing, the U.S. dollar is roughly 10 percent stronger than the Canadian dollar. Because of this, many of the value changes for recent stamps are simply currency adjustments.”

All in all, these changes do not surprise us and generally seem consistent with what we are seeing at auction.


Early Canada (Scott 1 – 20)

Increases for Scott 7, 8, 16, 17, 17a, 17b & 20.



Scott 7
2015 $11,000
2014 $9,000


Scott 16
2015 $22,500
2014 $15,000

 

Large Queens (Scott 21 – 33)
Only 2 increases this year, Scott 26b & 31 used.



Scott 26b
2015 $17,500
2014 $16,000
2013 $13,000

 



Scott 31 used
2015 $800
2014 $750

 

Small Queens (Scott 34 – 47)
Many imperforates increased, including Scott 39c, 41b, 42a, 43b, 44d and 45c. Otherwise, only the used 40 increased.



Scott 39c
2015 $4,500
2014 $2,750


Scott 44d
2015 $1,000
2014 $900

 

Jubilees (Scott 50 – 65)
There were 4 increases in the lower values - Scott 52, 53, 54 and 58.



Scott 52
2015 $87
2014 $62


Scott 53
2015 $57
2014 $45

 

Maple Leafs (Scott 66 – 73)
Only one increase was noted - Scott 73 hinged.



Scott 73
2015 $600
2014 $550

Numerals (Scott 74 – 88)
Increases for Scott 75, 75a, 78 and 80.



Scott 78
2015 $180
2014 $130


Scott 75a
2015 $2,500
2014 $1,900

 

Edward VII (Scott 89 – 95)
No increases.

Quebec Tercentenary (Scott 96 – 103)
No increases.

Admirals (Scott 104 – 134)
Increases for Scott 105, 107, 107a, 107b, 112, 120b, 127, 128, 132 and 140b.



Scott 105
2015 $60
2014 $42


Scott 120b
2015 $5,250
2014 $4,250

 



Scott 128
2015 $50
2014 $32



Scott 132
2015 $80
2014 $55

 


Scroll, Arch, Pictorial and War sets (Scott 149 – 267)

Only one change:

Printed on gum


Scott 219c
2015 $600
2014 $475

Modern (Scott 268 – 2701)
Increases for 434q, 451q, 454f, 586d and 2467b.



Scott 454f
2015 $1,350
2014 $1,200


Scott 2467b
2015 $60
2014 $22

 

Back of the Book
Increases only for Scott E7a and MR4C
.




Scott E7a
2015 $1,250
2014 $950


Scott MR4c
2015 $2,250
2014 $1,600

 

New listings
We only noted six new listings this year - Scott 523b, 718a, 1151b, 1817b, 1856a and 1882f.



Scott 718a
2015 $800
Black inscription
omitted

 

Conclusion

As the world economy improves, so it seems does the confidence and interest of collectors. Despite this, we find that the price changes in this year's catalogue were relatively limited. After reviewing these changes, we offer the following conclusions:

  • The trends are generally positive. This is a good sign.
  • Price increases are concentrated in early Canada, Scott 1-140.
  • From 1935 to 1991 we spotted only 5 price increases, and these were all for Canadian varieties, not regular stamps. We also spotted 18 decreases for modern varieties, about the same number as last year.
  • From 2006 to 2012, there were a great number of small increases and decreases for all types and categories of stamps. We assume these reflected the changes in the value of the Canadian dollar as mentioned above in the comments from the Scott editor.

The past year has been an unusual one, with the surprising discovery of the 3rd known 2 cent Large Queen on laid paper in Canada and the sale of the world’s most famous stamp, the 1 cent magenta from British Guiana. We look forward with anticipation to another interesting year ahead.

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