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Canadian Stamp Auctions

Recent Auction Highlights

27 June, 2007 - Eastern Auctions Ltd.

This mail sale came only four days after Eastern’s outstanding public auction held in Halifax on June 23rd. We found the sale focused less on Canada’s early stamps and more on modern issues. Nevertheless, there were some very nice early examples such as these:

1¢ Large Queen


Lot 623
Scott 23
Catalogue $1,200
Realized $725

While this copy of the 1¢ Large Queen had no gum, it definitely rated high marks for its excellent perforations and near perfect centering.

1¢ Small Queen


Lot 647
Scott 35
Catalogue $40
Realized $80

We suspect that 30 years ago, these 1¢ Small Queens were probably a dime a dozen, but today any well centered stamps from this set in VF NH condition are actively pursued by bidders. The above price of two times catalogue is not uncommon. In 2002, a copy sold for $797. .

1¢ Admiral – Jumbo


Lot 721
Scott 105
Catalogue $15
Realized $31

What a deal! What a bargain! This 1¢ stamp from the Admiral set with its huge borders is such a standout. It was described as VF NH JUMBO. Eastern put an estimate of $50 on it, which we thought was conservative, and some lucky collector picked it up for only 60% of its estimate. Our hat is off to you. This doesn’t happen often, but when it does, it encourages bidders to keep pursuing stamps as special as this with high hopes. Sometimes you can beat the pack and be a winner!

Untagged Stamps


Lot 894
Scott 732 TI
Catalogue $90
Realized $70

This beautiful cougar stamp is a favorite of ours as it is so well designed. This copy is missing its tagging. As we have mentioned previously, the collecting of untagged stamps is is relatively new and was a feature of Unitrade’s most recent catalogue.The price realized above, which is 78 % of catalogue, is stronger than most other recent realizations.

Modern imperforates


Lot 940
Scott 1683a
Catalogue $600
Realized $310

Our modern Canadian imperforates seem to be in the doldrums. Realizations at 50% of catalogue are not uncommon. The supply seems plentiful. Let’s see how they did in this sale:

Lot
Unitrade
Catalogue
Realized
913
1166ii
750
525
916
1172h
1200
650
924
1356i
1000
300
925
1359i
1000
310
926
1362ii
950
375
933
1396a
200
115
942
1705ii
150
75
951
2001c
1250
390
952
2008iv
200
115



Year of the Pig


Lot 3863
Scott 2001var
Estimate $750
Realized $300


Lot 564
Scott 2201var
Estimate $2,000
Realized $1,005


This “Year of the Pig” stamp, with the missing gold inscriptions, is getting off to a rough start. Issued in January, 2007, it is presently not clear how many exist. As a result, the price has been bouncing all over the place from a low of $250 to a high of $675.

Perforation Varieties of Modern Definitive Sets


Lot 1268
Scott 1180c (set of 4 pl. blocks)
Catalogue $150
Realized $105

If ever there was an area of collecting with positive short and long-term prospects, it must surely be the perforation varieties of Canada’s modern definitive sets. This is generally recognized in the Scott and Unitrade catalogue prices and we see it at most auctions. But in this sale, the rare perforation varieties went for bargain prices. We wish we could a snap them up ourselves, because long-term, they will be very much sought after. Besides their value potential, they represent an area of collecting that is available to all collectors, so long as they pay attention to Canada Post’s information on new issues and changes in printers, etc. Here are some of the results from the plate block section of the sale:

Lot
No. of blocks
Unitrade
Catalogue
Realized
1235
1
1172d
150
90
1245
1
1174a
65
28
1247
1
1174i
250
105
1252
4
1176a
280
180
1263
1
1179b
225
110
1270
1
1180c
37
13


Press Sheets

Eastern offered a large number of stamp press sheets. We had a look at the prices realized and found that, for the moment, the demand is definitely soft. We really can’t tell what the future will hold for these press sheets. Not many were issued, so the question is, are collectors going to hang on to them and will they prove to be scarce someday? For the moment, there seems to be only a modest amount of demand. Here are some examples from the sale:

Lot
Unitrade
Catalogue
Realized
1381
1630 - Year of the Ox
200 Est.
250
1385
1708ai - Year of the Tiger
85
39
1388
1767ii - Year of the Rabbit
75
38
1392
1837ii - Year of the Dragon
65
44
1397
1969 - Year of the Ram
75 Est.
44
1398
2084ii - Year of the Rooster
75
42


Remember that the Jubilees, issued in 1897 were selling for not much more than face value in the 1930s. Today they are bringing in record prices. Who knows if this will be the same story for these press sheets? While the present demand is low, so are the numbers of these sheets that were issued. The present values are low, but the long term prospects could be a lot brighter. Let’s check back on this in 2037.

For more details of the sale, please click on the highlights button:

 

Eastern’s next sale will be held on August 15, 2007

 


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