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Recent Auction Highlights

8 October, 2008 - H.R. Harmer Inc.

The "Mount Royal" Collection
of Canada
(Part II)

When we reviewed Part I of this collection last May, we were more than impressed by the extraordinary depth of quality that was presented.

Part II is also impressive, but didn’t go as smoothly. We list below our impressions:

  • The sale had many outstanding Canadian stamps. But a surprising number received no bids.
  • It had many very fine unhinged stamps. But it also had a noticeable number of stamps of that were described as hinged, re-perforated, re-gummed, having short perforations, tears, creases etc.
  • It received many strong bids, but had only 23 new record prices. By contrast, Part I had 67 new record prices.

In other words, the stamps offered in Part I last May had depth, quality and strong bids throughout and the results must have pleased the owner greatly. This one had a mixed reception and would have been disappointing. It could be that, coming in the middle of a global financial crisis, the bidders pulled back and restricted their bidding to only the finest material.

What a shame! Most of us could spend a lifetime to get this material. We hope that when the unsold stamps are re-offered at auction, our economy will have rebounded so that the stamps will get the reception they deserve, which is a whole lot better.


The Auction’s Highlights

With such a large sale is this, we can only show a small part of the material, but we hope that what follows will give you a taste of the quality of the material in the second part of the collection:

 



Lot 28
Scott 8 NG
Catalogue $1,000
Realized $1,120


Lot 40
Unitrade 9a VLH
Catalogue $12,500
Realized $14,000

 



Lot 45
Scott 15 NH
Catalogue $525
Realized $896

 

This is the only record we have of the 5¢ Beaver stamp being offered in no hinged condition in the past ten years. Any bidder would have factored this against the fact the stamp was off center

 



Lot 81
Scott 36c
Catalogue $2,000
Realized $1,680

 



Lot 86
Scott 37iv
Catalogue $4,000
Realized - No sale

While the above stamp didn’t sell, we show it here because it is so rare and we thought our viewers would like to see it. Harmer described it as follows:

“1870 3c rose, double impression ( kiss print), sound used example of this rarity, being only the second copy to have been discovered, the other one was faulty…. with 1997 Greene Foundation certificate.”



Lot 125
Scott 61
Catalogue $2,400
Realized $3,640


Lot 135
Scott 64
Catalogue $4,000
Realized $9,520

 

 



Lot 158
Scott 77e
Catalogue $15,000
Realized $13,440

 

No more than twelve tête-bèche panes exist. No wonder bidders were so interested.

 

"Port Hood Surcharges"


Lot 189
Scott 88B & 88C
Catalogue $15,500
Realized $8,960

 

Last month a 2¢ Port Hood surcharge cover sold for $5,130, a new record price. We haven’t recorded a sale of the 1¢ surcharge since 1986. We have never recorded the sale of the 1¢ and 2¢ together as a pair. You can imagine our surprise then when we saw these two being presented together in the sale. The resulting price of $8,960 amazes us.

To be honest, we cannot actually see the 1¢ surcharge in the above image. Harmer states however there is “only a slight trace of the hand stamp”. Fortunately, each stamp comes with a Stanley Gibbons certificate.

 



Lot 213
Scott114a
Catalogue $3,600
Realized $4,760


Lot 228
Scott 118a
Catalogue $3,600
Realized $3,640




Lot 248
Scott 122a
Catalogue $ 3,600
Realized $3,920

 

All three of the above pairs are unhinged.

 



Lot 396
Scott 339a
Catalogue $1,500
Realized $1,400


Lot 397
Scott 341v
Catalogue $500
Realized $672

 

According to Harmers, there are a mere six copies known of the above 5¢ stamp with its imperforate border, plus a plate block. As with all known examples, the copy in this sale had no gum. We have no previous record of a sale of this variety at auction.

 



Lot 480
Scott 1343i
Catalogue $2,750
Realized $2,352

 

The center stamp in this strip of five has no blue background color. This is another variety we have not previously seen.

Conclusion

What an extraordinary collection. With all its disappointments, Part II of the sale was nearly as memorable as Part I. Once again, we compliment Harmers for presenting the collection so well.

We don’t know the identity of the seller, but we can say without any doubt that he or she put together a collection that is up there with the very best that have been assembled over the decades.

This sale had 23 new record prices:

Scott
Description
NRPs
Previous NRPs
34iii
1/2¢ SQ gutter pair
1,288
569
36c
2¢ SQ half on cover
1,680
1,520
37c
3¢ SQ orange red
784
716
38i
5¢ SQ deep olive green
952
426
64
$4 Jubilee
9,520
7,945
73i
10¢ Maple Leaf imperf.
1,568
1,300
88b&88c
1¢&2¢ Port Hood surcharges
8,960
-
89a
1¢ Edward VII imperf. pair
650
600
114a
7¢ Admiral imperf. pair
4,760
2,200
122a
$1 Admiral imperf. pair
3,920
2,450
139i
2¢ Overprint, slated surcharge
246
170
139i
2¢ Overprint, slated surcharge
269
170
140c
2¢ Overprint, 1 inverted
644
-
201a
13¢ Citadel imperf. pair
1,008
940
216i
13¢ Shilling mark variety
700
675
241b-245a
10¢-$1 Imperf. pairs
3,248
3,217
249d-262a
1¢-$1 Imperf. pairs
5,880
5,750
693d
8¢ RMC - double print
3,360
3,345
953a
36¢ Parliament imperf. pair
336
262
981i
32¢ Games - printed on gum
896
725
1343i
40¢ Basketball - blue omitted
2,352
-
C1b
5 ¢ Airmail imperf. pair
476
475
E3b
2 Special delivery imperf. pair
420
365

 

The prices in this sale were converted at the rate of $1US = $1.12 Cdn.

 


©2008, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada