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Canadian Stamp Auctions

Stamp Market Commentary


Commentary No. 70 - 17 April, 2005

Outstanding Canadian Stamp Prices
In Early 2005!

If you thought last year started off with a bang in the Canadian stamp auction market, have a good look at the results so far this year. They look equally impressive. What really stands out about the stamps shown below is that the prices the determined buyers are willing to pay for them are so much higher than the previous best prices. These aren’t modest increases, but jumps! Here are the standouts:
     

Scott 28
Catalogue $625
Realised $4500
(previous record $2100)

Scott 43
Catalogue $85
Realised $1050
(previous record $750)

Scott 76a
Catalogue $275
Realised $1100
(previous record $400 )

Scott 94
Catalogue $1000
Realised $3750
(previous record $1950)

Scott 112i
Catalogue $99
Realised $250
(previous record $170)

Scott 118
Catalogue $75
Realised $365
(previous record $230 )

Scott 118a
Catalogue $2000
Realised $4450
(previous record $1950)

Scott 119a
Catalogue $2000
Realised $4400
(previous record $1100)

Scott 120b
Catalogue $2250
Realised $4850
(previous record $975)

Scott 922a
Catalogue $300
Realised $490
(previous record $300)

Scott 981a
Catalogue $600
Realised $675
(previous record $500)

Scott 468Bd
Catalogue $1250
Realised $2312
(previous record $2027)

While these impressive prices are found from the Large Queens to the Modern Varieties, a few things stand out.

First, in the early stamps, outstanding copies that are well presented at auction will always attract remarkable prices. But there are very few copies available...

Second, the Admiral set continues to be the engine of growth. Note that five of the twelve stamps shown above are from this set.

Finally, Canada’s imperforates are highly in favor. In a market like this, the imperforates are bound to shine. Most are VF NH, there are very few of them and they almost always attract strong bidding. In a word, they are very good buys because collectors can usually count on being able to easily sell them when they choose to do so for a price that is fairly predictable.

In order that the auction houses, the sellers and the buyers of the above stamps can identify their stamps, we provide details of where the stamps came from in the chart below.

Sources of information
Scott
Auction
2005
Lot
28
Eastern
February 26
390
43
Eastern
February 26
416
76a
Maresch
February 22
1307
94
Maresch
February 22
1429
112i
Eastern
February 26
450
118
Firby
March 25
124
118a
Vance
March 16
4662
119a
Vance
January 19
4768
120b
Vance
January 19
4775
922a
Vance
March 16
4849
981a
Maresch
February 22
1684
468Bd
Firby
March 25
1913

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©2005, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada