Canadian Stamp Auctions
Recent Auction Highlights
27 June, 2006 - R. Maresch & Son
Bill Maresch and his sons must have been very proud of this sale. The material offered contained so many outstanding stamps. As usual, their early classic Canadian stamps reflected good strength and the prices followed suit. We counted 5 new record prices supporting the comments in the Maresch catalogue “that demand has remained strong for philatelic material of all types and from every area of collecting”.
Jubilees – new record prices
The above 2¢ and 5¢ Jubilees are as good as they come. We particularly admired the 2¢. It seemed to stand out the minute you looked at the images in the catalogue. But it was the 5¢ that achieved the new record price. It sold for $350, up from the previous high of $325 realized in 2000. Only twice in the past 10 years, have we recorded a price of over $300.
The $3.00 jubilee is well centered and without a hinge, a true beauty. It also sold for a new record price, well up from the previous high of $4,500 recorded in 1999. Although the Scott price for the $3.00 is the same as for the $4.00 and $5.00, the number of stamps actually issued by the Post Office for the $3.00 back in 1897 was fewer than for the other two. As things stand today, the catalogue values and record prices for the top value Jubilees are as follows:
Scott 9 – 7½d green
Here is a stamp we truly admire. The image is based on the Chalon portrait of the Queen originally used on the 12d stamp issued by Canada in 1851. The price is a strong one for a stamp with the following description: “large part o.g., tiny corner crease UR in margin only and a couple of negligible toning spots, an extremely fresh and very fine SHOWPIECE with 1967 B.P.A. cert.”
There is no mistaking the auctioneer’s feelings about this beauty:
This is the second best price we have recorded for this rare stamp. It comes from the first set of “perforated stamps” issued in 1858-59. Until this time, Canada had only issued imperforate stamps. They had to be cut from the sheet with a pair of scissors. When the new stamps were issued in 1858 with perforations, some people still using scissors to separate them. Note this on the right margin of the above stamp.
It may be hard to believe, but the above $3750 is a new record price for the stamp. This is so for a number of reasons. First, it’s a bit off center, being centered towards the top of the stamp. Second, it has no gum. Third, the price is only 37% of its catalogue value. How can a stamp with these three minuses attract new record price?
The answer lies in the extreme scarcity of this stamp in mint form. We have only recorded three copies in very fine condition in the past 30 years. The earliest was sold in 1973 at a Sissons auction for $2,400. The second was a copy offered for sale in a Maresch private treaty sale in 1977 for $7,500. It was well centered and, according to Maresch, it was the finest known copy. The copy sold in this sale is the third one we know of and the only one sold since 1977. Interestingly, all three copies were without gum. It may be that the collector who bid on the stamp at this sale knew of its great scarcity and was willing to pay the price. In retrospect, we think the price is quite reasonable knowing that in 1977, a stamp in similar condition, but with better centering, was offered for $7,500.
Here’s a stamp that for serious collectors is like honey to the bees. This one and others like it have attracted amazing bids in recent years. A year ago, a copy sold for $3,000. At that time the catalogue value was $400.This year it jumped $500.
This is another
Maresch sale that warranted far greater coverage than we have space
for. You can access further details by clicking on the highlights button
This sale had five new record prices: