May, 2012 - Eastern Auctions Limited
This Eastern auction
contained much excellent material. We noticed the sale of a number of
Large Queens without gum, Small Queens with unusually large borders
and some Jubilees that are well centered and with no hinge marks.
Queens - Without Gum
With the emphasis
these days on stamps with full unblemished and unhinged gum, it is interesting
to sometimes look at how stamps like the above, have done at auction.
Each of the above stamps came without gum. Normally stamps like this
will attract little interest. But for these early Canadian stamps, the
bidders came up with what we consider fairly strong prices. Perhaps
it's simply a question of supply and demand and the fact there are just
so few really nice copies like these, gum or no gum.
Some time ago we looked at the prices that collectors have paid in the
past for Canada's early ungummed stamps. See our review of these stamps
in our Commentary No. 56 which appeared on this site on February 17,
2004. While most of the examples in that commentary predate the Large
Queens’ issue, this could be changing. We’ll keep an eye
Queens - Unusually Large Borders
We note that two
of these stamps came with very light cancels while the other one had
a very heavy Toronto “1”numeral cancellation. In early used
stamps, centering and large margins can bring huge premiums like the
above. But so does a special cancellation like the one found a lot 1640.
Eastern put high estimates on each of these stamps with their unusually
large margins, but the bidders came in below these estimates in each
case. But are these stamps really that rare? We think so and agree with
Eastern’s estimates even though they were not met.
Realized $ 75
These Jubilees certainly
deserve to receive prices that are well above catalogue. This is not
surprising, as the Jubilee issue is definitely one of the most popular
of the early sets which consistently receive solid bids. We admire the
beauty of this set and think it is such a shame that Canada Post’s
recent $2 stamp that was issued to honor Queen Elizabeth is not nearly
as attractive. It had a similar design but definitely not a similar
beauty. Pity !
Catalogue $ 275
Most Canadian stamp
auctions these days have a strong offering of modern varieties, so we
thought we'd end up with these two. These varieties appear fairly regularly
at auction and, judging from the prices realized, are not in great demand.
What strikes us about lot 2052 is that some of the more noticeable increases
in the new 2013 Scott catalogue were for stamps printed on gum. As a
result, the successful bidder for lot 2052 may do very well with his
or her purchase in the long run. We certainly hope so!
For more details
of this sale, please click on the highlights button.
has two upcoming sales, a public auction on June 23, 2012 and a mail
sale on July 18, 2012