Canadian Stamp Auctions
Recent Auction Highlights
26 June, 2008 - Vance Auctions Ltd.
For the past year a remarkable number of new record prices have been realized at the Vance Auction sales. This attests to the excellent material the firm offers and the determination of its bidders.
Last year, Vance led the way with 39 new record prices (NRPs). This year, it has already recorded 30 NRPs. Many of these came as a result of the sale of imperforate stamps. This should not be surprising as most of these types of stamps are found in VF NH condition and, for the most part, their centering is not an issue.
When a regular stamp with perforations is a bit off center, it usually sells at a discount to the catalogue value. If it is well off center, and has a large “wing border”, this usually is a negative. But an imperforate pair with a “wing border” sells at a premium.
Perforated stamps are issued in the 100,000s or1,000,000s, whereas imperforate stamps were only issued in the 100s. For all these reasons, imperforates should command a high price from collectors.
At this sale, there were many imperforate pairs offered and this resulted in many new record prices. Here are some of the winners:
The following imperforate
pairs sold for remarkably strong prices. Three of them set new records:
Not surprisingly, Vance focused its most enthusiastic comments on lot 6512, the imperforate plate block of the 5¢ UPU stamp. It noted that there were believed to be only two such blocks in existence, neither of which has been on the market in years. We can support that statement as we have no other record of a sale of a plate block in our research material.
The sale contained a fair number of re-entries. These stamps, with their minute engraving marks, are so hard for the average collector to identify. We take our hat off to those specialists who know what to look for. Here are a few of the re-entries:
For more details
concerning this sale, please click on the highlights bottom.
This sale had 16 new record prices:
Vance’s next auction will take place on August 27, 2008