Canadian Stamp Auctions
Recent Auction Highlights
June, 2009 - Vance Auctions Ltd.
It’s summer time and, with just over 7500 lots for sale representing stamps from all over the world, Vance Carmichael’s firm has been having a busy time.
We just can’t imagine what it would be like to have to lot 7,500 stamps every couple of months and that’s just for starters. Once this is done, Vance’s staff then has to handle the thousands of bids that come in by mail, determine the winning bidders, notify them, send out the stamps and arrange payments. That’s a massive amount of paperwork. Just as it gets this all done, and deals with any mix up’s, cheques that bounce etc. it must begin the arrangements for the next auction. To start with, more stamps must be found. It makes us tired to even think about it.
But in the end, the Vance people get it done and they do a great job!
While we always
like to pour over the entire catalogue, our mandate makes us focus on
the Canadian stamps Vance offers and that are so well presented. Sadly,
in this sale, many of them did not sell. We think it must be the summer
doldrums. But there were some real beauties that did sell and this 6¢
Small Queen was a good example:
What a gorgeous
stamp which includes the sheet imprint at the bottom. As Vance points
out, the perforations at the bottom are not in the normal position,
but are below where they should be, cutting through the imprint. What
an exceptional stamp for a collector. It has a light crease unfortunately,
but for a stamp this unusual, and therefore this rare, this is not a
big drawback. Lucky winning bidder on this one!
We keep pricing records for over 800 stamps on our web site, showing the prices realized at auction for investment quality stamps over the past ten years. 95% of the prices are for mint stamps. If we were ever to keep prices for some of Canada’s used stamps (and this is very theoretical!) it would be for this set, because of the interest it consistently attracts.
Again we salute the discerning winning bidder. You paid a lot for the stamps, well above catalogue, but you acquired stamps to be proud of. Well done!.
When young collectors talk to dealers, auctioneers and experienced collectors, the message they get is always the same. Go for the best. The above two Jubilees are a good example of this.
The two imperforate pairs shown above were lightly hinged and had generous margins all around. They sold for prices near catalogue, which is unusual for imperforates in the Maple Leaf and Numeral sets. Normally they sell for less.
The 20¢ Numeral was a beautiful NH copy. It was centered a bit high. Despite this, we found its appearance highly desirable and could well understand why it received such a strong bid.
Rare Port Hood Provisional
For the record, a mint copy of Scott 88B was offered for sale, showing a catalogue value of $25,000. This unusual variety was issued in 1899 by the Postmaster in Port Hood, Nova Scotia, without official authorization. He took a regular 3¢ Numeral stamp, and cut off a 1/3 portion of it to make a 1¢ stamp. The copy in this Vance auction came with three certificates of authentication. Unfortunately, it did not sell, which is a shame.
The successful bidder snapped it up for just over 50% of catalogue. We suspect that, in the long run, this will prove to be a good investment for that person.
These aren’t the first Admiral imperforates that have been offered with defects. Vance notes that only 50 pairs of each denomination exist. It makes you wonder how many perfect pairs still exist. Interesting!
All in all, this was a wonderful auction and fun to review. It’s been a whole year now since the worldwide financial crisis descended upon us. Things seem to be getting a bit more positive these days and we hope this will be reflected in the stamp market.
This sale had one new record price:
Vance’s next sale will be held on August 26, 2009.