Canadian Stamp Auctions
Recent Auction Highlights
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.
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.
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
For further details of this sale, click on the Highlights button below:
This sale had 22 new record prices:
prices realized for the Canadian stamps were converted at the rate
of $1 US = $1.146 Cdn.