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Recent Auction Highlights

5 May, 2010 - Vance Auctions Ltd.

This was another huge Vance auction with over 7800 lots, all described in detail. It boggles our mind to think of the effort this must take, let alone the expertise.

We have only recently begun to notice the difference in the prices being realized for used copies of Scott 2 vs. Scott 5. The two stamps, each featuring a portrait of Prince Albert, look the same, but one was printed on laid paper, the other on wove. A review of the prices realized over the past 10 years does not show a big difference, but we have noticed a difference during the past year, with Scott 2 taking a bit of a lead. This sale had two fairly average examples of Scott 2.

 



Lot 5589
Scott 2
Catalogue $1,850
Realized $1,470


Lot 5591
Unitrade 2b
Catalogue $2,500
Realized $1,565

The first copy came with the usual slate violet colour and the second with the greyish purple shade and a scarce blue cancel. The fact the prices are less than catalogue may reflect the fact each one has a cancel over the face and both have a relatively narrow margin at the bottom.

 

12 Penny Black Plate Proof



Lot 5594
Unitrade 3Pi
Catalogue $2,500
Realized $1,700

 

This stamp came with borders that were just big enough to allow the Vance lotter to describe it as “very nice”. As we look at the prices realized for this stamp in the past, we think the present price supports this. Overprint or no overprint, this is one beautiful stamp.

 

50¢ Small Queen

 



Lot 5819
Scott 47
Estimate $325
Realized $250


This stamp would definitely not win any beauty contest. It was about as off centre as a stamp could get. But its abnormal attributes seem to have made it both rare and collectible. As well, it had a nice 6 September, 1898 duplex cancel.

A normal used copy of this stamp carries a Scott value of $80. This copy sold for just over 3 x that value. So, in this case, the stamp’s rareness won out over its lack of the usual fine qualities one looks for in a stamp. For some reason, this appeals to us!

 

$5 Jubilee



Lot 5906
Scott 65 LH
Catalogue $1,450
Realized $2,000

 

What if this beautiful stamp had been NH? What price might it have attracted? In 2005, an NH copy sold for $5750. In 2007, one went for $8500 and earlier this year, a copy sold for $10,000. That truly makes you wonder!

While we think this is a very nice copy, we found its borders to be a bit on the narrow side. Otherwise, even as is, it might have attracted an even higher price. On the other hand, how many of us have a $5 Jubilee as nice looking as this!!

Modern Imperforates



Lot 6279
Scott 247a
Catalogue $800
Realized $835

 



Lot 6287
Scott 256a
Catalogue $450
Realized $490

 

Both of the above copies were NH and sold for more than their catalogue values. This is something we like to see. On the other hand, there were many other imperforates in this sale that unfortunately did not sell which is unusual for a Vance sale. This is something we will keep an eye on.



Beautiful Original Artwork



Lot 6833
Scott 415
Estimate $350
Realized $550

We must admit, we haven’t paid much attention to this aspect of philately. But when we saw the beautiful image in the Vance catalogue, we knew we couldn’t ignore it. It was signed by the artist, Angus Shortt. The estimated value was $350 and it went for $550. We’re glad to see recognition from bidders for something as special as this.

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

 

Highlights

 

Vance's next auction will be held on June 23, 2010

 

This auction had two new record prices:

Scott No.
Description
NRP
Previous NRP
468Ac
6¢ QE II coil imperforate pair
335
319
591a
6¢ QE II printed on gum
238
215



©2010, Canadian Stamp Auctions Ltd., Montréal, Québec, Canada