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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.

 

Record Prices

At this sale, there were many imperforate pairs offered and this resulted in many new record prices. Here are some of the winners:



Lot 5898
Unitrade 3Pi
Catalogue $2,500
Realized $1,940

 



Lot 6216
Unitrade 74ii
Catalogue $165
Realized $158


Lot 6813
Scott C1b
Catalogue $375
Realized $475

 



Lot 6577
Scott 237a
Catalogue $950
Realized $1,000


 


Imperforate Pairs – Remarkable prices

The following imperforate pairs sold for remarkably strong prices. Three of them set new records:

 




Lot 6471
Scott 175a
Catalogue $1,050
Realized $1,370


 



Lot 6512
Scott 202a (plate block No. 1)
Estimate $5,000
Realized $3,275



 

 



Lot 6532
Scott 209a
Catalogue $2,100
Realized $2,550


Lot 6583
Scott 243a
Catalogue $1,350
Realized $1,510

 

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.


Re-entries

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:

 

Re-entries
(in Canada and Penny)
Re-entry
(Position 28)


Lot 5934
Unitrade 8 var.
Catalogue $2,800
Realized $2,385



Lot 5972
Unitrade 15v
Catalogue $750
Realized $485

 

Re-entry
(Position 100)


Lot 5989
Unitrade 19ii
Catalogue $1,500
Realized $1,290



Re-entry
(Upper left stamp)


Lot 6105
Unitrade 47i
Catalogue $3,950
Realized $2,225



None of the above stamps is particularly well centered, nor NH, but each has a value well in excess of a regular stamp due to their rarity.

For more details concerning this sale, please click on the highlights bottom.

 

This sale had 16 new record prices:

Scott
Description
NRP
Previous
NRP
3Pi
12p Black plate proof
1,940
1,872
74ii
1/2¢ Numeral re-entry
158
100
175a
20¢ Harvesting - imperf.
1,370
850
202a
5¢ UPU - imperf. plate
3,275
-
204a
5¢ Royal William - imperf.
1,080
820
209a
10¢ UEL - imperf.
2,550
2,000
210a
2¢ NB - imperf.
1,090
990
237a
3¢ Coronation - imperf.
1,000
800
245b
$1 Ramezay - imperf.
870
860
246a-248a
1¢-3¢ Royal Visit - imperf.
2,125
2,075
841i
35¢ Doll - missing gold
1,285
1,263
1535ii
52¢ & 90¢ - unissued stamps
540
382
1705ii
46¢ Flag - imperf. between
195
115
C1b
5¢ Airmail - imperf.
475
200
C6a
6¢ Airmail - imperf.
755
718
E3b
20¢ Special Delivery - imperf.
365
362

 

Vance’s next auction will take place on August 27, 2008

 


©2008, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada