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Stamp Market Commentary

Commentary No. 181 - 17 August, 2014

Scott 16 - Scott Prices From 1943 to 2015




Since 1943, the Scott values for a mint copy of this stamp have increased from $250 to $22,500. That’s impressive ! Here are the details:

Used
Mint
Used/Mint Ratio
1943
30
250
12%
1947
60
250
24%
1954
75
300
25%
1957
90
400
22%
1960
100
500
20%
1971
400
2,000
16%
1976
600
2,500
24%
1980
1,000
4,000
25%
1985
1,800
6,500
27%
1991
1,800
6,000
30%
1998
2,500
8,000
31%
2005
3,250
8,000
40%
2007
4,250
8,250
51%
2010
5,500
11,500
47%
2012
5,500
11,500
47%
2015
6,500
22,500
28%

Increase in Used Values
Increase in Mint Values
Past 10 years
3,250
14,500
Past 30 years
4,700
16,000
Past 40 years
5,900
20,000

We find it interesting that the increase in the value of a mint Scott 16 in the past 30 years is 245% for a mint copy vs. 260% for a used copy. The ratios are surprisingly similar. As well, the ratio of used to mint back in 1976 of 24% is not very different from the ratio of 28% today.

We don’t envy the task of the Scott editors in producing reasonable credible prices year after year. It is interesting to sit back and review their figures over a 72 year period.


Incidentally, for the stamp historian, in 1900, Scott put a value of $5 on a mint copy of Scott 16 and 45¢ on a used copy. Back then a 12 penny black had a value of $500 and a $5 Jubilee had a $7 value. Those certainly were the good old days !!

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