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Recent Auction Highlights

10 January, 2007 - Eastern Auctions Ltd.

Welcome to 2007. This Eastern sale represents our first auction review of the New Year. Who knows what this year will bring? Will the strong prices of 2006 continue? Will the strong prices be restricted to the pre-1928 stamps that are very fine and in many cases unhinged? Will the “almost VF” stamps attract active bidding, keeping in mind we saw some of this last year? Will the 1928-sets be sought after? Most importantly, will the same number of outstanding world class Canadian collections appear at auction? There are so many questions as we start 2007! Now on with our review.

Scott 35iv - nicely dated


Lot 748
Unitrade 35iv
Catalogue $40
Realized $38

The real value of this stamp is the beautiful date, a nice SON Stanstead DE 27 1870. The stamp is in that attractive red orange colour that is so different from the usual yellow. The price is not exciting, nor is the centering, but that isn’t everything. There something special about such a nice clear date cancellation.

This one has a hinge mark!


Lot 787
Scott 71
Catalogue $80
Realized $120

Advanced, sophisticated and wealthy collectors – you can pass on this one. It’s hinged!!

But for most collectors, hinged stamps are all they can acquire. So what happens if the stamp is next to perfection in all respects but like 90% of all stamps that were put aside by collectors in 1897, it has a hinge mark? Well, don’t despair! As this stamp shows, there are some collectors still willing to bid on them. What we like about this lot is that the stamp, perfectly centered, with large margins, sold for 150% of catalogue. This is encouraging.

A beauty !


Lot 862
Scott 112a
Catalogue $52
Realized $180


When we see a stamp like this 5¢ Admiral beauty, the word that comes to mind is awesome. It seems perfect. Then why didn’t it go for a higher price? We were a bit stumped on this one; after all it does look beautiful.

But as we checked it out, upside down and right side up, we began to notice a few things. It is centered ever so slightly to the left and the perforations on the left are a bit uneven. It makes one wonder if there is such a thing as a perfect stamp. Despite these reservations which are relatively minor, this one clearly did well. The price of $180 is the third best in the past ten years.

Scott 715b- colour omitted


Lot 1089
Scott 715b
Catalogue $375
Realized $230

 

How do they know that this is Scott 715b? What are the clues when there is nothing on the little piece of paper to see? Maybe when you hold it up to the light you can see something of the original. Perhaps there is some embossing. This stamp is different, no doubt about it!

Canada press sheets

This sale had an unusually large offering of Canada’s press sheets. For those of you are collectors, we thought the following information would be of interest:

Unitrade
Description

Estimate

Realized
1509
1630
1997 Year of the ox
200
165
1510
1594a
1996 Birds
175
80
1511
1605
1996 Vehicles
75
39
1512
1634a
1997 Birds
200
-
1513
1708i
1998 Year of the tiger
85
40
1514
1713i
1998 Birds
100
44
1515
1713i
1998 Birds - Signed
150
55
1516
1737b
1998 RCMP
90
40
1517
1768ii
1999 Year of the rabbit
75
36
1518
1773i
1999 Birds
100
52
1519
1773i
1999 Birds - Signed
150
60
1520
1812ii
1999 Millenium
130
55
1521
1837ii
2000 Year of the dragon
65
36
1522
1842i
2000 Birds
100
55
1523
1842i
2000 Birds - Signed
140
60
1524
1884ii
2001 Year of the snake
60
32
1525
1889i
2001 Birds
110
60
1526
1889ii
2001 Birds - Signed
150
70
1527
1970ii
2003 Year of the ram
75
35
1528
2084ii
2005 Year of the rooster
75
27

These results must be disappointing. We wish we could to fast forward 30 years from now to see the values in 2037. These press sheets were issued in fairly low numbers and this always has an impact on values in the long term, usually on the upside. What it takes is patience and a measure of luck. We’d say to the buyers, hang onto the sheets. You bought them low - our prediction is that you’ll sell them high!

For further details, please click on the highlights button:

 

The next Eastern Auction sale will be held on February 21, 2007

 

 



©2007, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada