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Recent Auction Highlights

14 February , 2014 - Eastern Auctions Limited


If the first three months of this year are an indication of the quality of the philatelic material that is going to be offered at auction in Canada this year, it's going to be a great year. As usual, top grade material attracts all the attention and the top prices. It remains to be seen whether this will spread to more ordinary material as a result of increased demand. This Eastern auction had some outstanding material, as described below. We start off with two early Canadian classics.

Major Re-entry (psn. 61)


Lot 744
Unitrade 12vii
Catalogue $24,000
Realized $7,250

Eastern described the above stamp as “a remarkable mint example of this challenging stamp, reasonably centered for this first perforated issue… still retaining a portion of its original gum, slightly disturbed from hinging." Although listed in Unitrade, no price is provided in the catalogue for either mint or used copies. We checked our records but could find no previous record of a sale of this variety.

 



Lot 751
Scott 16
Catalogue $6,000
Realized $8,500

 

This used copy of the 10¢ black brown Albert, perf. 11¼, was quite well centered with a SON four ring “37” (Quebec) cancel. It attracted the second best price we have recorded in the past 19 years.

 

$4 Jubilee plate bock

 



Lot 786
Scott 64
Estimate $10,000
Realized $8,500

 

This beautiful top margin plate block of the $4 Jubilee is every collector’s dream. As can be seen, it is nicely canceled. The more we look at it, the more features we find to admire. We envy the successful bidder. It came from the well-known Fred Jarrett collection auctioned back in 1960.

Maple Leaf Imperforates

 



Lot 793
Scott 67a
Catalogue $750
Realized $650

 



Lot 798
Scott 70a
Catalogue $750
Realized $750


Lot 806
Scott 72a
Catalogue $1,100
Realized $525

 


We can just imagine a collector using a pair of scissors to cut this imperforate sheet into pairs. He or she must have trimmed these pairs carefully in order to produce such large borders. Big borders on some pairs means, unfortunately, that other pairs not shown here would have narrow borders. All three above pairs were XF NH.


This is the third time the above 1¢ imperforate pair has sold for $650 which is its all time best price. The previous best price for the 5¢ pair was $700, so the above $750 is a new record. The previous best price for a 10¢ pair was $860, so the above price of $525 looks like a real bargain.

 

3¢ Numeral – A Little Gem !



Lot 818
Scott 78
Catalogue $130
Realized $425

 

Surprisingly, in the past 5 years, we have only recorded the sale of 2 NH copies of this stamp. The best price of $450 was realized a year ago. It seems catalogue values are ignored by bidders for this particular stamp. What a beauty!

Edward VII


The quality of the material in this auction continues with these two outstanding stamps:



Lot 841
Unitrade 89ii
Catalogue $245
Realized $400


Lot 845
Scott 90
Catalogue $95
Realized $950

 

Not surprisingly, both the above stamps sold for new record prices. The staff at Eastern had trouble containing themselves when describing these two lots “The 1¢ was ‘a superb stamp’. The 2¢ stamp was “an absolute gem worthy of the finest collection”. Their enthusiasm obviously rubbed off on the bidders who responded strongly.

3¢ Confederation

 



Lot 946
Scott 135
Catalogue $120
Realized $500


Lot 949
Unitrade 135i
Catalogue $240
Realized $350

 

Both stamps were described as XF NH. We were a bit surprised at the divergence in prices and pleased to see that, despite this, both sold for new record prices.

The regular 3¢ stamp is often seen at auctions and a nice VF NH copy recently sold for $75. The previous best price was $350. The 3¢ variety with its distinctive dark rich shade appears very seldom and, in fact, the last sale of this stamp we recorded was in 2006 when a copy sold for $316.

 

2¢ Registered – Rose Carmine Shade



Lot 1078
Scott F1b
Catalogue $625
Realized $1,700

 

Another beauty from this auction selling for a strong price. It had everything a collector could want, a dark rich colour, NH, well centered, and it came with a Greene Foundation certificate. Even though it sold for almost 3 times catalogue, it could not match the $2,600 realized at an Eastern sale back in 2010. Registered stamps of this caliber are in great demand.


This ends our review of this sale and we feel we have hardly scratched the surface.

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

 

This sale had 6 new record prices:

Scott
Description
NRP
Previous NRP
12ii
3¢ Beaver major re-entry, psn. 61
7,250
-
70a
5¢ Maple leaf imperforate pair
750
700
89ii
1¢ Edward VII grey green
400
375
90
2¢ Edward VII
950
458
135
3¢ Confederation brown
500
350
135i
3¢ Confederation dark brown
350
316

Eastern’s next sale will be a public auction of “The Montclair Collection”
on May 29-30, 2014 in Halifax


©2014, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada