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Recent Auction Highlights

21 January, 2009 - H.R. Harmer Inc.

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

Part III of the ”Mount Royal” collection was, like the first two Parts, quite extraordinary. Part I took place last spring at the height of the market. It produced 67 new record prices. Part II, held last October, produced only 23 and Part III, just held, produced 7.

These figures are very representative of the prices realized in these sales and of the stamp auction market in general. Since September, stamp auction prices have been on the decline. This is true for rare old classics, but also for modern varieties. What shocked us particularly were the large number of valuable stamps than didn’t even sell.

Apart from the prices, the quality and abundance of old and modern rare stamps in these sales can only be described as extraordinary. We can see why Harmers split the sale up into three parts. The market can only take so much. It’s just too bad the international economic meltdown had to occur during the last two parts of the sale. It is seldom one sees so many plate blocks and sheets of such rare material, particularly the modern varieties. It’s almost hard to believe such material exists.

Well, enough comments! Let’s have a look at some of the highlights. The prices realized have been converted at the rate of $1 US = $1.27 Cdn.

 



Lot 2007
Scott 2
Catalogue $1,850
Realized $1,714


Lot 2025
Scott 5d
Catalogue $3,000
Realized $3,810

 



Lot 2017
Unitrade 3Pi
Catalogue $5,000
Realized $5,080

 



Lot 2039
Unitrade 14v
Estimate $3,000-4,000
Realized $2,032


Lot 2040
Scott 18b
Catalogue $10,000
Realized $5,080

 



Lot 2044
Scott 19a
Catalogue $2,200
Realized $1,206

 




Lot 2050
Unitrade 26 iv
Catalogue $250
Realized $1,270


Lot 2053
Scott 30e
Catalogue $1,650
Realized $2,159

 

 



Lot 2057
Unitrade 35a NH
Estimate $1,000-1,500
Realized $1,333

 

 



Lot 2059
Unitrade 37iv
Catalogue $4,000
Realized $2,286


Lot 2065
Scott 45
Catalogue $625
Realized $1,016




Lot 2075
Scott 61
Catalogue $2,400
Realized $4,127

 



Lot 2106
Scott 79
Catalogue $440
Realized $603

 



Lot 2131
Scott 92a
Catalogue $800
Realized $540


Lot 2134
Scott 93a
Catalogue $1,200
Realized $730

 



Lot 2153
Scott 118a
Catalogue $3,600
Realized $3,683


Lot 2165
Scott 122a
Catalogue $3,600
Realized $4,445

 



Lot 2186
Unitrade 149ciii
Catalogue $1,500
Realized $572

 



Lot 2205
Scott 176 NH
Catalogue $400
Realized $254

 



Lot 2231
Unitrade 213i
Catalogue $3,500
Realized $3,175

 



Lot 2473
Unitrade 1516i
Catalogue $3,000
Realized $1,397

 

 



Lot 2476
Scott 1521a
Estimate $5,000-7,500
Realized $5,397

 

We must admit we did not have high expectations for this sale. But, we have to be impressed by some of the realizations shown above. It is clear there are still bidders out there determined to chase material that is either rare or of exceptional quality. It is also clear that the softening of the market continues. Many of the bids in this sale were well below the recent year’s record prices. As a result, many of the patterns or trends that developed over the last few years no longer exist and it will be very hard to guess how the stamp auction market will develop over the next year. We will watch carefully and with great interest and keep our viewers advised.

This sale had 7 new record prices:

Scott
Description
NRPs
30e
15¢ Large Queen, deep blue
2,159
114
7¢ Admiral, red brown
1,080
122a
$1 Admiral, imperforate pair
4,445
210ii
2¢ NB, imperf. block, closed frameline
3,429
1932a
48¢ Golden Jubilee, imperf. inscr. block
1,270
C6a
6¢ Airmail, imperforate pair
794
CE1a
16¢ Airmail, imperforate pair
857



©2009, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada