Canadian Stamp Auctions

12 April, 2007 - Shreves Philatelic Galleries Inc.

We have to take our hats off to the people at Shreve’s. Once again they have presented some outstanding Canadian stamps. Such quality and such prices! Looking at the results of the sale makes us wonder if we may be seeing another year like 2006 when large numbers of new record prices were set throughout the year.

What impressed us most about last year, besides the prices, was the quality of the early Canadian stamps that collectors had a chance to bid on. Why is it that stamps of outstanding quality began to appear in such large numbers? Was it the high prices? Was it the belief that prices were about to peak? Was it that a number of estates were being settled? It might have been a mix of all of these. Whatever it was, this Shreve’s sale makes us wonder how 2007 will play out. We are definitely optimistic.

But to make these wonderful results happen, we need to have buyers at auction. It is they who have the resources to bid the record prices. Why do they, or how can they bid so high? Is it because they have old money or new money? Old money goes on buying, year after year. New money comes and goes. Right now there’s a lot of new money around.

Enough speculating! Let’s have a look at the wonderful stamps that sold at this auction. At the end, we will show a few of the very special U.S. examples that stood out in the sale and also details of the 22 new record prices that were realized for the Canadian stamps.

Early Classics

Lot 1619 Scott 8 Catalogue $650 Realized $1,203

Lot 1622 Scott 15 Catalogue $350 Realized $917

Large Queens

Lot 1626 Scott 29 NH Catalogue $75 Realized $1,661

Lot 1630 Unitrade 30i NH Catalogue $150 Realized $2,063

Small Queens

Lot 1633 Scott 34 Catalogue $12 Realized $487

Lot 1645 Scott 38 Catalogue $500 Realized $4,011

Jubilees

Lot 1689 Scott 65 Catalogue $3,400 Realized $4,011

Maple Leafs

Lot 1690 Scott 66 Catalogue $20 Realized $183

Numerals

Lot 1697 Scott 75 Catalogue $45 Realized $458

Edward VII

Lot 1725 Scott 94 Catalogue $1,200 Realized $1,547

Quebec Tercentenary

Lot 1737 Scott 102 Catalogue $375 Realized $802

Admirals

Lot 1763 Scott 116 Catalogue $575 Realized $2,177

US Stamps Shine As Well!

If you think the prices for the Canadian stamps are impressive, have a look at these results for a few of the U.S. stamps:

All prices for the U.S stamps are in U.S. dollars

Lot 23 Scott 3 Catalogue $800 Realized $1,200

Lot 54 Scott 17 Catalogue $350 Realized $3,750

Lot 72 Scott 27 Catalogue $1,700 Realized $12,500

Lot 93 Scott 38 Catalogue $500 Realized $4,750

Lot 127 Scott 78a Catalogue $2,500 Realized $5,250

Lot 200 Scott 128 Catalogue $3,250 Realized $16,000

Lot 242 Scott 163 Catalogue $3,000 Realized $12,000

Lot 302 Scott 231var Catalogue $160 Realized $2,500

For further details of this sale, click on the Highlights button below: