Canadian Stamp Auctions
Recent Auction Highlights
24 November, 2010 - Eastern Auctions Limited
Every so often, Eastern holds a contest for its bidders. It gives the winners small awards to be used against future purchases. There are individual first, second and third prizes. These are followed by 25 fourth prizes. It is interesting to see where these 28 winners come from as this tells us how wide the interest is in Eastern’s auctions. The results were as follows:
The top 3 prizes
went to collectors in the USA.
We found one other bit of information provided by Eastern to be particularly interesting and that is that 84% of their bidders were successful on at least one lot. That’s a much higher % than we would have thought and, of course, encourages bidders to keep coming back for more.
1¢ Numeral – Imperforate pair with re-entries
There have been many of these 1¢ imperforate pairs sold in the past 10 years. The above pair is the more common variety without gum. In our records, we counted a total of 40 pairs with prices ranging from $180 to $720, a huge spread.
But this pair was different in that it had re-entries at the bottom of each stamp. We have recorded 4 other pairs with such re-entries.
This booklet was VF NH. A careful inspection reveals the usual staple holes on the left margin where the covers were attached. It looks to be in very good shape but, as it is so common with booklets, two of the stamps are a bit off-center, in this case the bottom pair which are centered high. This may have accounted for the fairly low price. Another possibility is that there doesn’t seem to be a whole lot of demand for booklets these days which puzzles us, especially when considering how much in demand the Admiral set is.
What are the differences between these two varieties? We gave this some thought:
Taking all these factors into account, it is not surprising that the first stamp sold for close to its estimate while the second one, for only half its catalogue value.
Makes you think collectors are picky when they bid. You bet they are!
The above block was described as “25¢ slate green, W2B, HB paper, DEX gum. “ We have a feeling this is one of the less complicated descriptions. We’ve heard of HB paper, that’s “hibrite” right! DEX is one of the types of gum, but is it meant to be shiny or dull. You have to know. What does W2B mean? Yes, we know, we could look it up in Unitrade, but already, you’ve lost us!
According to Scott, the regular 465p is worth $7. A block of four would then be $28. The above block, with its special attributes making it more valuable, sold for $155 which is obviously much higher. Maybe we’ll get out to our ultra violet lamp and have another look at our Centennial stamps.
For more details on this sale, please click on the Highlights button.
next sale is a Mail Sale to be held