Canadian Stamp Auctions
Recent Auction Highlights
15 August, 2007 - Eastern Auctions Ltd.
This was one of the few Canadian stamp auctions that took place in the month of August. We noticed the large group of plate blocks that were offered. Here’s how some of them did at auction.
This plate block, issued in January 2007, is not representative of our plate block values because the prices paid for it and single copies of the stamp have been all over the place this year. To date, inscription blocks of The Year of the Pig have sold for prices ranging from $925 to $1,005. The above price of $510 is an indication that the demand for this variety with its missing gold colour will likely continue to vary considerably before settling down.
Other plate blocks
from the 1930 – 1950 period did as follows:
It is discouraging to see prices such as these which are well below catalogue. But at least they are well above their face values, if this is any consolation. This is probably because they are higher value stamps. Note the large markdowns for the three blocks that are less than perfect. Our conclusion is that these prices reflect the fact that there is a great supply and only moderate demand for most modern plate blocks.
40 Canadian Sheets
Those of us who
are advising new collectors might suggest they stay away from stamp
sheets and focus instead on very fine copies of individual stamps. These
take up less space and will likely have greater chances of appreciation.
There aren’t many collectors of sheets, but there are many collectors
of very fine individual stamps. That is where the real market is.
Here’s a stamp that catches the eye. Its two key features are its unusually wide margins and its fair centering. We found that by holding the stamp upside down, we could clearly spot that it was a bit centered to the right. To bad!! But even worse (in today’s market) was the fact that it was not described as “never hinged”. We, of course, wondered how it would do with all these pluses and minuses.
The price ultimately paid of $130 reflects how hard our markets are on stamps that are less than perfect, even a little bit less. It seems the minuses prevailed. Nevertheless, this is a rare stamp in this condition. We feel the new owner should be happy to have it in his or her collection.
Collectors are fortunate that Eastern has been offering so much philatelic literature in its recent mail sales. We were able to buy 2 important lots of auction catalogues last spring in Eastern’s June mail sale. These contained the Dr. Lewis Reford collection sold in 1950 and the Dale-Lichtenstein collection sold in 1970. In all, there were seven auction catalogues, crammed with some of the greatest treasures of Canadian philately.
This sale offered more of the same. It included the “Hicks” Small Queen Collection (Estim. $20 – Real. $16)…….the “Hinde” name sale of 1958 (didn’t sell) and the “Robert Laird” sale of 1981 (didn’t sell). Also included was Daman’s “Victoria” sale of 1981 with 440 lots of Large & Small Queens (Estim.$50 – Real. $38)…Eastern was practically giving them away.
Still interested, then just call Eastern. If they didn’t sell the old auction catalogues, they may still be available at a fairly low price. That is how we obtained our catalogues.
For further details, please click on the Highlights button.
Eastern’s next sale will be held on September 26, 2007