Canadian Stamp Auctions
Recent Auction Highlights
14 June, 2008 - Eastern Auctions Ltd.
This was a very strong sale. As we reviewed the report from Eastern on the prices realized, we were struck by the way they had illustrated some of the finest stamps that had been offered in the sale. It was wonderful to see. It was clear that the sale contained some very rare stamps in unusually fine quality.
Scott 4 – A couple of beauties
Almost all auctions
contain a number of Canada’s early beaver stamps, but here are
two that we thought merited particular attention:
Mint copies of Scott 4 are not that rare, but not many come with such nice borders and such a clear impression. This copy had no gum, but then the copy that has attracted the highest price that sold in 1997 had no gum. That copy sold for $4,750. This just shows that the buyer in this case did very well.
The second copy is featured simply because it has such beautiful borders and such a light cancellation. The bidders obviously recognized this wonderful combination.
What a lovely copy of this attractive stamp. Very few copies of this stamp survive in perfect condition. As we look over the list that have sold over the past ten years, we note over and over the imperfections that each one has. This particular one, while beautiful to look at and unusually well centered, had a minute thin spot and a trivial perforation flaw on top. Still, a price of $17,000 is not insignificant and says a lot about how rare it is to find a Scott 13 so well centered and in such nice condition.
Large Queen – On laid paper
Wow!! As we look at the quality of these three Small Queens with the rare 11½ x 12 perforations, we find ourselves at a loss for words. All three attracted new record prices and this came as no surprise. The new record prices for the first two are noticeably above the previous record prices. We can’t say the same for the third copy, i.e. the Unitrade 37ii, because we do not have any record of the sale of this stamp in investment quality since 1986.
There is a very subtle difference between a Type I and Type II 2 ¢ Edward VII. The Scott catalogue doesn’t even bother to list Type II. Unitrade not only lists both types, but gives an illustration which our viewers would have to look at to see the difference as it’s very subtle. But if one looks at the prices realized for Scott 90 vs. 90vii, the Scott 90vii comes out the clear winner with much higher prices. Despite this, the highest price realized for either of them came in auction a year ago when a Scott 90 Type I sold for $458.
We have a record of only one other copy of this variety with the imperforate margin being sold previously. In 2004, a copy sold at a Hennok sale for $55. It was not of the same quality as this one, but for something this rare, this should not be that significant. We remember being so surprised at the low price at the time. It just didn’t make sense for anything so rare.
This sale had 22 new record prices:
Eastern’s next mail sale will take place on July 16, 2008