Canadian Flag

Canadian Stamp Auctions

Recent Auction Highlights

27 July, 2011 - Eastern Auctions Limited


We show below a very scarce stamp from the large Queen set. As can be seen, it is a beautiful copy of the "cracked plate" variety, unusually well centered and with perfect perfs. If only we could stop there! Unfortunately, the gum is missing and there is light toning on the left side.



Lot 1782
Unitrade 30v
Catalogue $900
Realized $750

 

We cannot decide whether we would want this stamp at any price or not. Visually, it is exceptional and rare. But the faults leave us torn. Fortunately, this is not our problem and we must say we are very pleased a bidder stepped forward to buy it for a decent price. A tip of the hat to the collector.

 

3¢ Small Queen – Imperforate Pair

 



Lot 1787
Unitrade 41b
Catalogue $600
Realized $425

 

A lovely imperforate pair from the bottom of the sheet. These imperforates come both with and without gum. The top price for a pair with gum was $957 in 2002. The top price for one without gum was $475 in 2009. In the past 10 years we have recorded the sale of 25 copies of this pair, of which 15 had gum. Taking this into account, it’s surprising to see such a large divergence in price.


8¢ Numeral - Imperforate Pair without Gum

 



Lot 1840
Unitrade 82ii
Catalogue $900
Realized $390

 

We're sure our viewers have noticed that these early imperforates from the Numeral set appear regularly on auction. Copies without gum, like the one above, do not command memorable prices. It's a shame as they are usually in top condition. Just think… if this pair had been perforated rather than imperforate, if it had gum and was VF NH, the pair might have sold for $2,000 or more. Isn’t it strange that although they are rare and imperforate and the numbers issued were far smaller than for the regular perforated stamps, these imperforate errors still sell for less.


This is clearly a case of collectors’ taste. In today's market, it's easy to acquire a Unitrade 82ii, but very difficult to get a Scott 82 in VF NH condition. Collectors’ taste, in stamps as in art, antiques and other collectibles, rules and determines the prices at auction despite what anyone thinks is correct. It is a good thing? Definitely not, it makes the market quite unpredictable, kind of mysterious, exciting, but hard to control. But it also means the market is definitely not boring.

 

52¢ Christmas - Unissued Stamp

 



Lot 2026
Unitrade 1534ii
Catalogue $800
Realized $346

 

Here is a stamp that is offered regularly at auction. Collectors buy it because it is an unusual variety. There is little trend in the prices. They first appeared for sale in 2001 and many have been sold since. The above block of 4 sold for $346 or about $90 a copy.


Prices for single copies have ranged from a high of $248 in 2005 to a low of $42 in 2009. Prices for a sheet margin block like the above ranged from $925 in 2005 to a low of $200 in 2006.


Despite the lack of excitement for these unusual unissued stamps, there is a market for them which regularly attracts bidders.

 

United States Stamps

Most of the time, we concentrate our attention on Canadian stamps. But from time to time we scan the US offerings to see if there are any early VF NH copies. In our experience, copies of this quality seldom appear in Canadian auctions. When offered by top US auction firms, they can command extraordinarily prices.

When we saw that Eastern was offering a couple of VF NH stamps from the US for sale, we paid attention. Here they are:



Lot 1354
Scott 325
Catalogue $200
Realized $165


Lot 1479
Scott E1
Catalogue $1,250
Realized $410

 

We have to admit we were a bit disappointed with these prices but, not being familiar with US stamp trends, we cannot really appreciate how good or bad these prices might be.


For more details on this sale, please click on the highlights button.

 

 

Eastern's next sale is a mail auction to be held on August 31, 2011.



©2011, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada