Canadian Stamp Auctions
Recent Auction Highlights
28 February, 2008 - Spink Shreves Galleries Inc.
We watched with fascination the process used by this firm to report the prices being bid on the Internet day by day for their stamps. This took place during the weeks leading up to the actual date of the auction. Most of the heavy bidders did not show their hand until the last couple of days. Despite this, the best stamps in the auction were clearly identified early in the bidding process, and as will be shown below, there were some real beauties.
of the Canadian stamps
This is the finest 8¢ violet black Small Queen we have seen. It was described by Spink in glowing terms. We will just note that it was XF NH. You can see that the left hand margin has been separated by scissors, adding to the apparent perfection of the stamp. Clearly the original owner recognized that he or she possessed a gem and wanted to be extra careful in separating it from the block or sheet to which it was attached in order to get this wonderful single copy.
The above price
of $1,568 ($ 1600 U.S.) should have been a new record, but in Canadian
dollars it was beaten by a similar quality stamp that sold in 2004 for
$1,572 ($1,200 U.S.). The above price was a new record in U.S. dollars
but not in Canadian dollars. Still the relative U.S. dollar prices do
reflect how much nicer the above Scott 44 is, compared to the one that
sold earlier. Hope this is all clear!
Here are a few more beauties
The 2¢ Maple Leaf overprint (lot 972) is one of the most remarkable stamps we have seen in some time. We watched the prices being bid for it over the internet each day. In the end, the $255 price it sold for handily beat the previous record of $208.
On the date of the sale, the Canadian dollar was slightly ahead. The conversion rate used was $1 U.S. = $0.98 Cdn
This sale had 6 new record prices: