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Recent Auction Highlights

22 January, 2009 - Vance Auctions Ltd.

We couldn’t wait to see how the Scott 3 stamp did in this sale. This is one of Canada’s most famous stamps. A few years ago, a used copy sold for $ 229,600.But that was a very fine large margined copy with a known pedigree and it was sold at a time when the economy was booming.

In this sale, a presentable used copy of the stamp was offered for sale. It was just cut into the margins in a couple of places and had a minute sealed tear at the top. Here’s the stamp, together with a proof copy, also from the sale, that shows clearly what a new mint copy would look like:



Lot 5793
Scott 3
Catalogue $85,000
Realized $36,000


Lot 5794
Unitrade 3Pi
Catalogue $2,500
Realized $1,535

 

 

Dated Copies

 



Lot 6040
Scott 46
Catalogue $115
Realized $166


Lot 6063
Scott 53 accumulation
Estimate $225
Realized $250


Lot 6096
Scott 59
Catalogue $150
Realized $170

 

What beauties these are! We find it wonderful that collectors in our hobby give such recognition to well dated stamps such as these. Whenever stamps like these appear at a sale, they really stand out and bidders usually chase them. Well they should because, if properly dated at the correct year or years of use, they are far more desirable than a regular cancelled stamp.

 

Numeral Imperforates - bottom sheet copies

 



Lot 6159
Unitrade 75vi
Catalogue $900
Realized $505


Lot 6166
Unitrade 79ii
Catalogue $900
Realized $515

 



L
ot 6171
Unitrade 82ii
Catalogue $900
Realized $525


 


These are exceptionally nice copies of the Numeral imperforates. They are the ones without gum and usually sell for less than those with gum. What’s special about these, of course, is the fact that each one comes from the bottom margin of the sheet. This makes them shine.

The previous owners will probably regret parting with these beauties. The new owners will be delighted to acquire them, especially at such good prices.

These prices may look low when compared to the catalogue values, but are strong when compared to many of the prices realized for these stamps in recent years.

Admiral Imperforates - not quite perfect

 



Lot 6278
Scott 115a
Catalogue $3,600
Realized $2,460

 

The above pair is an unusual presentation for one of these Admiral imperforates. They almost always come as a horizontal pair and indeed there were three other Admiral imperforate in the sale and each one was horizontal.

As Vance noted, this 8¢ pair had huge margins. This is what drew our eyes to the image. But unfortunately, although the pair was NH, it had two light diagonal creases and this is what depressed the price.

Here’s how the four Admiral imperforates did in this sale:

Scott
Description
Catalogue
Realized
115a
8¢ NH diagonal creases
3,600
2,460
118a
8¢ small thin
2,000
1,300
119a
8¢ small thin
2,000
1,050
122a
$1 tiny thin
2,000
1,200


Scott 115a was given a higher catalogue value because it was the only one that was NH. We can only guess how the “thins” on the other stamps might have occurred. It was probably because someone who was not knowledgeable about stamps tried to pull the hinges off. What a shame.

Stamps selling at new record prices



Lot 6397
Scott 176a
Catalogue $1,500
Realized $1,800


Lot 6704
Scott E6a
Catalogue $950
Realized $1,200

 

With all the bad economic news coming at us every day like a steam roller, we were nicely surprised that new record prices are still being realized at our auctions. In the auctions to date in 2009, we have recorded 37 new records, and now with this sale, we have a total of 39. Not a bad start for the year

U.S. Errors

Canada Post’s printers create printing errors quite regularly. These include missing colours, missing tagging, missing inscriptions, stamps printed on gum, the list is lengthy. But we’re not alone in this as the following U.S. examples in this Vance sale will show:

 



Lot 4557
Scott 1125a
Catalogue $1,250
Realized $590


Lot 4562
Scott 1488b
Catalogue $875
Realized $645

 



Lot 4564
Scott 1610a
Catalogue $250
Realized $177


Lot 4565
Scott 1610b
Catalogue $275
Realized $208


Lot 4568
Scott 1841b
Catalogue $400
Realized $272

 

We note that all the prices realized for these U.S. errors are less than catalogue. This is similar to the Canadian experience.


For more details on the sale, please click on the highlights button.

 

This sale had two new record prices:

Scott
Description
NRP
176a
50¢ Grand Pré imperf. pr.
1,800
E6a
20¢ Special Delivery imperf. pr.
1,200



©2009, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada