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Recent Auction Highlights

27 October, 2012 - Eastern Auctions Limited


In the last week of October, Eastern held 3 public auctions. This is a review of the 3rd sale which included a broad range of Canadian stamps, from the classics to modern. The quality was very high. We noted many strong prices throughout with an impressive 22 new record prices.


We start off with these two 15¢ Large Queens, so beautifully centered.



Lot 1807
Scott 29a
Catalogue $375
Realized $900


Lot 1808
Scott 30c
Catalogue $1,350
Realized $1,450

 

The Large Queen set is generally perf 12. The above Scott 29a has the 11 ½ x12 perf, which is a variety. It has a catalogue value of $375, compared to a value of $50 for the regular stamp. We have only recorded the sale of 2 mint copies of this variety in the past 10 years, which shows how rare they are. So the price realized is not surprising.


We noticed a fair number of the above 15¢ Large Queen (Scott 30c) appearing at auction lately. It is the variety printed on very thick paper. The above copy was quite special with its large well centered borders. We envy the new owner!

1¢ Small Queen Bisect

 



Lot 1820
Scott 35c
Catalogue $4,000
Realized $4,000

It's not often a stamp sells for its exact catalogue value. This one was the 1¢ yellow Small Queen bisect on an envelope with an unusually clear circular date cancel. It was ex Carnegie (1981) and came with a 1993 Greene Foundation certificate.


Only one other cover like this has been sold in the past 10 years and it realized $2,600 at auction. So the above $4,000 price is a major increase and a new record.

2¢ Small Queen - Double Impression

 



Lot 1835
Scott 36f
Estimate $2,000
Realized $5,500

Scott lists this variety which has a double impression at the bottom of the stamp. But it does not provide a price. Unitrade provides a price of $7,500, but that is for a stamp with a double impression over the entire design.


Apart from its unusual feature, this copy is special just for being so well centered and for having such large borders. The $5,500 price realized easily beat the $2,000 estimate.

3¢ Small Queen - Double Impression



Lot 1843
Unitrade37iv
Catalogue $5,000
Realized $5,750

 

Another rare stamp with a double impression! Eastern notes that only one other example has been documented and that this one is superior.


It is truly wonderful that so much attention can be paid in a stamp like this which is off center, badly cancelled and is poorly printed. No wonder people sometimes worry about us collectors!

 

2¢ Numeral - An Amazing Copy



Lot 1925
Scott 77 (GEM 100J)
Catalogue $70
Realized $800

 

What can one say about a stamp like this which receives the rare "100" grading. It is truly amazing. It is not every day a stamp sells for more than 10 times catalogue, but this one clearly deserved it. It is not rare like some of the earlier ones described in this report since more than 600 million copies were originally issued. At the same time, there are few of those issued stamps and that have the qualities of this one.

 

Admirals of Quality

 



Lot 1982
Scott 107e(GEM 100)
Catalogue $90
Realized $400


Lot 1987
Scott 116 (Superb 98J)
Catalogue $650
Realized $1,800

These two margin copy stamps came highly graded and received the recognition they deserved. The first one set a new record price, up from the previous $230 set back in 2001.

 

Stamps from the 1928-1934 period – All Graded 100!



Lot 1998
Scott 156 (GEM 100)
Catalogue $85
Realized $105


Lot 2004
Scott 190(GEM 100)
Catalogue $30
Realized $130

 



Lot 2008
Scott 200(GEM 100)
Catalogue $90
Realized $170


Lot 2009
Scott 201(GEM 100)
Catalogue $85
Realized $200

 

It is unusual for a stamp to be graded 100 but here we four of them. What is significant to us, apart from their obvious quality, is it they all come from the 1928 – 1934 period for which bidders are showing increasing interest these days. As a result, we are not surprised by the strength of the prices. Keep an eye on the stamps of this period (Scott 149 -210)

War Tax Overprint



Lot 2042
Unitrade MR2B
Catalogue $1,600
Realized $2,415

The final stamp in our review has exceptional quality and received the strong price it deserved. The price is a new record, up from the previous $1800, set back in 2000.

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

 

This sale had 22 new record prices:

Scott
Description
NRP
Previous NRP
29a
15¢ LQ 11 1/2 x 12
900
-
30c
15¢ LQ thick paper
1,450
-
35ix
1¢ SQ thick soft paper
950

-

36iv
2¢ SQ re-entry
1,800
-
37iv
3¢ SQ double impression
5,750
4,020
38iv
5¢ SQ feather in hair
2,600
2,400
39ii
6¢ SQ major re-entry
1,700
270
44i
8¢ SQ imperforate pair
1,350
1,260
44ii
8¢ SQ major re-entry
1,600
147
47(U)
50¢ SQ used
400
-
77
2¢ Numeral
800
476
107e
2¢ Admiral
400
230
156
12¢ Quebec Bridge
105
95
173
10¢ Parliament
375

-

190
10¢ Cartier
130
90
200
8¢ Medallion
170
130
201
13¢ Quebec Citadel
200
180
202
5¢ Parliament
105
-
245b
$1 Ramsay, imperforate pair
1,050
960
261
50¢ War
150
-
C4
6¢ Airmail
230
85
MR2B
5¢ War Tax
2,415
1,800

 

 

Eastern’s next sale will be a public sale, taking place in Halifax on February 23, 2013


©2012, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada