January, 2013 - Eastern Auctions Limited
One thing we noticed about this sale was the strength of the prices
for the finer stamps. While no new records were set, in many cases the
prices realized were close to previous records. The sale continued Eastern's
recent offering of both "Pre-Cancelled stamps" and "Canada
We start off with this beautiful 8¢ Maple leaf:
It was described
as VF NH. In the past 10 years, we have recorded the sale of 26 copies
of this stamp and of these, only 4 have sold for prices exceeding the
These ungummed imperforates
appear regularly at auction and, for some reason, don’t sell for
anywhere near their catalogue values. If they were the gummed variety,
they would sell for a great deal more and, not surprisingly, there seem
to be far fewer of these. Nonetheless, ungummed imperforates are beautiful
and collectors seem happy to bid on them.
Edward VII - A Remarkable Used Copy
For a stamp with
a $50 Scott catalogue value, this stamp certainly justified Eastern's
description as "a spectacular used single with large margins
and a CDS postmark."
We have noticed some noticeably high prices for outstanding "used
stamps" in recent years, especially in the period from 1897
to 1908. We are happy this is happening, as well centered, nicely cancelled
stamps from this period are not only rare, but they are pleasing to
look at and deserve recognition.
Wildflower - Printed on Gum
The above price
may not seem too exciting, but it is the second best per our records.
Since 2008, we have only noted two other copies coming to auction. One
sold for $450 and the other for $625. Eastern noted, “Less
than 150 of this major error are known".
Timber Wolf - Perforate Variety
The regular 61¢
timber wolf, perf 14½ x 14, has a catalogue value of $1.25. This
variety, per 13, has a catalogue value of $85. Quite a difference! But
it sold for well less than catalogue and this deserves comment.
This stamp comes from the set that was used during the 1987 –
91 period. It has a good number of perf varieties. We noted that a large
number of these appear regularly at auction as singles and blocks, but
the market does not recognize their rarity as yet. But, we believe their
day will come and encourage collectors to acquire them while the prices
are low and they are readily available.
Here are a few of
the many stamps with pre-cancels that appeared in the sale.
For more details
on this sale, please click on the highlights button.
will feature an outstanding mint copy of the 12 Penny Black)
next sale will be a public auction taking place in Halifax on February