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Recent Auction Highlights

25 October , 2013 - Eastern Auctions Limited


The quality of stamps offered at auction in recent months has been truly remarkable. This sale had great quality and was one of the largest we have seen offered by Eastern. The report of prices realized arrived just as we were leaving for our annual vacation. We looked forward to reviewing them on our return with great anticipation and now we are back at our desk.

The sale contained many excellent examples of rare Canadian stamps. One lot was graded “GEM 100 ” which is something we cannot recall seeing previously. Have a look at lot 1646 in the Highlights attached. We counted 24 new record prices which is an unusually high number. We also noted some rarities that have a Unitrade number, but for which we have never recorded an example. See lot 1980 below for instance.

We start off with these two interesting outstanding Beavers:



Lot 1401
Scott 4
Catalogue $225
Realized $1,200

Such a beauty, with large margins showing superb and centrally struck concentric ring cancels in green. It is ex-Barclay 1983 where it realized $1200.



Lot 1414
Unitrade 4vii
Catalogue $3,000
Realized $2,900

 

Eastern called the above stamp one of the finest unused examples that exist of the re-entry found in position 47 of Pane A. It shows a prominent doubling in the “EE PEN ” of three pence. You may be able to see it with a good strong magnifying glass.

We have only recorded two copies of this variety in the past 10 years, both were used.

 

15¢ Large Queen - Script Watermark



Lot 1490
Scott 30d
Catalogue $25,000
Realized $22,000


Most copies of this variety that have been offered at auction come with no gum like this one. In the past 10 years we have recorded only two copies that had gum and were very fine. One of them sold for $35,200.

Small Queens

We show hereunder a very small Queen and a very large One.




Lot 1495
Unitrade 34ii
Catalogue $150
Realized $450

 

This is the only copy of this variety we have recorded in the past 10 years. The stamp, printed on thick white paper, had superb centering and, not surprisingly, it commanded an impressive price.




Lot 1520
Scott 40
Catalogue $20,000
Realized $19,000

 

This amazing block of 15 came from the collections of Reford, Jephcott, Simpson and Sir Gawaine Baillie. It doesn’t get much better! The block was described as “the largest remaining Small Queen block of any Montreal printing”. It is definitely noteworthy.

 

Three Outstanding Jubilees



Lot 1567
Scott 58
Catalogue $650
Realized $1,050


Lot 1574
Scott 61
Catalogue $2,900
Realized $3,750

 

These two copies are as good as they get. Both are NH and received strong prices. The $1 came with the following impressive Sismondo rating, XF SUPERB 95-OGnh.



Lot 1580
Scott 65
Catalogue $6,000
Realized $8,500

This block was lightly hinged and unusually well centered for a block. It had a faint trace of disturbance on the gum, but with the full sheet margin on the left, it was cosidered by Eastern to be the finest block of 4 of the $5 jubilee still in existence. The new owner must be very pleased to have it.

 

2¢ Admiral Jumbo



Lot 1350
Scott 106
Catalogue $50
Realized $240

A large selection of Admirals was offered from the “Phillips Collection”. Amongst its treasures we found this attractive copy of the 2¢ carmine with large borders. We note with interest that the best stamps in the Admiral set can sometimes sell at auction for many multiples of catalogue. This 2¢ Admiral sold for almost 5x catalogue. Three years ago, a copy sold for over 8x catalogue.

 

$1.00 Ramsay – Rare Imperforate Pair



Lot 1914
Scott 245a
Catalogue $4,750
Realized $4,750

If our stamps could always sell for their catalogue values like this one, life for the collector would be so simple. But alas, this is seldom the case. We have only recorded the sale of two other copies of this variety and, unlike this one which was XF NH, one of those had minor faults. We particularly liked this copy because, in addition to all its other attributes, it had a portion of the sheet margin at the base.

 

31¢ Christmas – Horizontal Mint Pair



Lot 1980
Unitrade 1151i
Catalogue $3,500
Realized $1,050

What can unusual variety. Only five pairs are known. We checked our records carefully and could find only one previous sale of this variety since the stamp was issued in 1987. Back in December 2005, The Saskatoon Stamp Centre offered a copy in a private treaty sale. Not only is this stamp rare, it is beautifully centered, NH and of a high quality. The buyer made a good purchase at a very reasonable price.

 

War Tax Stamp



Lot 1385
Scott MR3
Catalogue $100
Realized $400

The War Tax stamps were issued during the 1st World War to raise funds to support the cost of the war. It was used to pay a tax of 1¢ on every piece of first class mail. Initially a 1¢ War Tax stamp was issued. But then it was decided to add the 1¢ tax to the regular 2¢ stamp resulting in the above combination.

These MR3 stamps are not that rare, but they are in demand and the prices have been climbing regularly at auction from a high of $128 in 2003, to $325 in 2010, to $350 in 2012 and finally to the above $400 in 2013 which is a new record price.

 

Perforated Officials

We couldn’t help notice the large selection of perfins offered in this sale. Here are two examples that did very well:



Lot 2061
Scott OA129
Catalogue $525
Realized $1,100


Lot 2062
Scott OA135
Catalogue $525
Realized $625

It is noticeable how the interest in perforated stamps like the above seems to be growing lately, auction by auction.

This completes our review of this sale. For further details, please click on the Highlights button.

 


Scott
Description
NRP
Previous NRP
4(u)
3p Beaver
1,500
903
4vii
3p Beaver, major re-entry
2,900
1,792
34ii
1/2¢ SQ on thick white paper
450
-
44d
8¢ SQ imperforate pair
2,100
1,550
46(u)
20¢ SQ used
325
-
55i
6¢ Jubilee, re-entry
700
-
75a
1¢ Numeral, imperforate pair
1,600
1,224
82
8¢ Numeral
1,900
1,512
84a
20¢ Numeral, imperforate pair
3,750
3,600
106as
2¢ Admiral, booklet single
240
-
106xi
2¢ Admiral, experimental coil strip
950
-
106xii
2¢ Admiral, experimental coil strip
7,500
-
139v
2¢ Admiral, overprint variety
3,750
2,200
252i
3¢ War, gutter pair
2,400
2,277
705a
1¢ Flower, printed on gum
1,050
875
935a
$1.50 Waterton, missing black
2,100
2,090
1151c
31¢ Christmas, imperforate between
1,050
-
C3ii
6¢ Airmail overprint
210
-
E1a
10¢ Special Delivery, green
550
425
E7a
10¢ Special Delivery, imperforate pair
1,350
940
MR1
1¢ War Tax
325
150
MR2c
20¢ War Tax overprint
850
728
MR3
2¢ War Tax
400
350
MR7
2¢ War Tax coil
210
200

Eastern will have a mail sale on January 29, 2014 and then a Public Auction starting on February 14, 2014


©2013, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada