Canadian Stamp Auctions
Recent Auction Highlights
21 February, 2007 - Matthew Bennett International
Once again, this U.S. auction house has produced a strong Canadian section with seven new record prices. One of the lots that really stood out was this a rare block of Canada’s first stamp. Please note that we have used a conversion rate of $1 US = $1.16 Cdn. throughout this report.
1 - Block of 4
According to Bennett, this is the only recorded unused block of four containing two examples of the stitch watermark. We checked our research files and could find no other sale of a block of four with a stitch watermark, either mint or used, which supports Bennett’s comments.
Bennett describes this as a gem of the highest attainable quality, outstanding, near perfect centering, large margins. Whew !! That’s quite the superlative description. How could anything get better? The mind boggles.
All kidding aside,
it is a very fine copy of Scott 16. The bidders evidently thought so,
driving the price to a new record high. It’s the first used copy
of this stamp we have recorded in the past four years, which perhaps
explains why the bidders were so anxious to obtain it.
Large Queen on Watermarked Paper
Here is a lovely stamp, nicely centered, with deep rich colour and a portion of three letters of the papermaker’s watermark. But it had some negatives. It was unused, i.e. no gum and had traces of thinning and a minute picked out inclusion at the upper right. This variety of the 12½¢ stamp is so rare however, that the price was bid up to $1450, a new record price. How could anyone pay such a price for a less than perfect stamp. Remember, it had traces of thinning and no gum. The answer is that it is an otherwise very fine copy and we have recorded only one copy at auction since 1986! This variety simply isn’t available because it is so rare.
Admiral – Major re-entry
Here’s a stamp that consistently commands a strong price. Six copies of this variety sold in the past six years at prices ranging from $1552 to $1900 with one exception. In 2005, a copy sold for only $600. We went back to check and found it was not of the same quality of the others as the corner perforations were a bit crunched. Accordingly, the above price of $2436 was a strong new record price, well above the previous range of prices.
It is interesting that all the copies we have recorded in the past were used, none were mint including this one.
Outstanding 8¢ Registered Stamp
This is a stamp that really impressed us. We have seen hundreds in auction catalogues over the years, but only a few of them with this excellent centering, and only a handful with no hinge mark. This copy has everything and bidders responded with a top bid of $2552.
In the past seven years, we have only recorded six very fine copies of this stamp, that’s less than one a year. Pretty tough on anyone trying to complete their registration set with the finest copies.
more details of the sale, please click on the highlights button.
This sale had 7 new record prices: