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Canadian Stamp Auctions

Recent Auction Highlights

7 June, 2007 - Spink and Son - The "JURA" Collection

Since the beginning of 2007, Spink and Son in the UK has had 22 auctions of things people collect, including stamps, coins, banknotes and medallions. Spink is a company that has been around for a long time. Founded in 1666, it has a long history of dealing in collectibles. In recent years it went public, then was taken private and now is controlled in Singapore.

In 2002 we first came across this company when it sold one of the most beautiful Canadian 12 Penny Blacks we had ever seen for £55,000. You can see a copy of this stamp in our Commentary No. 88.

On June 7, 2007, Spink offered the “JURA” collection at auction, containing a number of outstanding early Canadian stamps. We present some of these in the highlights below. They contain 7 new record prices. But more significantly, they also contain 6 Canadian stamps for which we have had no recorded sales at auction in the past 10 years in investment quality. We do not know who “JURA” is, but whoever you are, we salute you. Your collection was most impressive!

In the schedule below, we have used a conversion rate of £1 = $2.10 Cdn.

HIGHLIGHTS OF THE SALE

 

Large Queens

 


Lot 2010
Scott 21b
Catalogue $7,200
Realized $8,820

Watermarked used copy on Bothwell paper. New record price


Lot 2025
Scott 31
Catalogue $5,000
Realized $3,570

On rare laid paper, nicely centered copy


Lot 2026
Scott 22a
Catalogue $1,200
Realized $3,780

A rare multiple, watermarked on Bothwell paper


Lot 2064
Scott 33
Catalogue $1,500
Realized $1785

L


On laid paper, perfectly centered, 2nd best price on record


Lot 2067
Unitrade 25iv
Catalogue $2,500
Realized $1,218

L


“Goatee” plate variety, 2nd best price on record


Lot 2093
Scott 27c
Catalogue $1,575
Realized $1,470


“Thin Paper” variety with part o.g. New record price. The last time a copy sold was in 1995.


Lot 2094
Scott 27
Catalogue $1,500
Realized $1,890


Well centered copy, large part o.g.


Lot 2103
Unitrade 27ii
Catalogue $1,250
Realized $735

Used copy on soft white blotting paper


Lot 2173
Unitrade 29iv
Catalogue $900
Realized $945


“Cracked plate” variety. No previous record of a sale of this stamp in the past ten years


Lot 2175
Scott 29d
Catalogue $3,000
Realized $10,920


Imperforate block with “pawnbroker” variety. A very rare positional block of four with only 4 examples possible

 

 

Small Queens

 


Lot 2183
Scott 34b
Estimate $2,100
Realized $5,460

Part imperforate with inscription. Illustrated in Boggs. Sold in the Dale Lichtenstein auction and subsequently by Maresch in September 30, 1981 for $1550.


Lot 2234
Unitrade 36viii
Catalogue $840
Realized $546


Pair with right hand stamp showing latent re-entry. Believed to be the only mint a copy recorded. This stamp will be offered as lot 277 in the upcoming August 22nd Brigham sale

 


Lot 2235
Scott 36f
Estimate $3,150
Realized $6,720


Double impression, sole example recorded to date according to Spink. Unrecorded in Stanley Gibbons. Listed but unpriced in Unitrade.


Lot 2289
Scott 38iv
Catalogue $1,250 U
Realized $840


“Straw in hair” variety, new record price, This is the first copy sold since 2001.


Lot 2320
Scott 39var
Estimate $1,680
Realized $3,780


Yellowish brown, rare 12½ x 12 perforation. Unlisted in Scott


Lot 2359
Scott 44i
Unitrade $650
Realized $1,260


Slate purple pair, issued without gum, a new record price.


Lot 2360
Unitrade 44ii
Catalogue $200
Realized $147


Major re-entry, short perforation at top, only one other copy recorded by us.


Lot 2423
Scott 46a
Catalogue $1,100
Realized $1,995


Top margin pair, unmounted, new record price

 

OTHERS

 


Lot 2435
Scott 51 bisect
Estimate $3,780
Realized $6,300

A very rare bisect on cover, dated November 4, 1897.Comes with certificate. We record only one other copy of this bisect, sold at a Hennok sale on October 26, 2002 for $850.

 

 


Lot 2478
Unitrade 90viii
Catalogue $2,520
Realized $2,100


Only two of these are believed to exist. The pair came with a Sisson’s letter of 1971 stating “There is no question in my mind that it is perfectly genuine”.91


Lot 2491
Unitrade 103i
Catalogue $500
Realized $735

Major re-entry in lower stamp (psn. 21). We have recorded only one other copy in the past ten years


Lot 2496
Unitrade 111ii
Estimate $315
Realized $357

Major re-entry. It has a thin. This is one of only two copies recorded.


Lot 2501
Unitrade 106xiv
Catalogue $1,500
Realized $2,520

Experimental Coil. There is no previous record of the sale of this stamp in the past ten years.n 1991


Lot 2514
Scott 139a
Catalogue $300
Realized $672


One stamp missing a surcharge. This is a new record price.


Lot 2555
Unitrade 343i
Estimate $400
Realized $840

This last stamp is another one we have not previously seen. There is no record of a sale of the stamp in the past ten years. Because of this, we wonder why the estimated value was so low?
The “Samos” Collection 1991

Now let’s look at some statistics, dealing first with the stamps we have not seen at auction in the past ten years and then with the new record prices.

 

Stamps not previously seen at auction

According to our records, none of these 7 stamps have sold at auction in the past 10 years:

Scott No.
Description
27c
6¢ Small Queen - thin paper
29iv
15¢ Small Queen -"cracked plate" variety
38iv
5¢ Small Queen -"feather in hair" variety
39var
6¢ Small Queen - perf. 121/2 x 12 (unlisted in Scott, S.G. 86b)
111ii
5¢ Admiral - major re-entry
106xiv
2¢ Admiral - strip of 4, backstamp Type D
343i
15¢ Gannet - imperforate at right margin


This sale had 6 new record prices:

Scott No.
Description

NRPs
$
Previous NRPs
$
21b(u)
1/2¢ Large Queen - watermarked
8821
5000
27c
6¢ Large Queen - thin paper
1470
-
36f
2¢ Sm. Queen - double impression
6720
3420
44i
8¢ Sm. Queen - imperf. violet black
1260
675
46a
15¢ Sm. Queen - imperf pair
1995
1350
139a
2¢ Adm. Pair, one without surcharge
672
551

 

Conclusion

All in all, this was a remarkable sale. But then, in the last two years we have seen a surprisingly large number of remarkable sales. We suspect that as we look back at this period in future years, we will remember it as being very special. There must be something in the air that is encouraging the owners of outstanding Canadian collections to put them up for sale at this time. Most likely, this is happening because of the huge amount of liquidity that exists around the world in a small number of hands.


©2007, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada