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2c Large Queen, Laid Paper Sold       Jan 28/98

29k

Canada #32 — the 2¢ Green Large Queen on Laid Paper has a new home. John Jamieson of Saskatoon Stamp Centre has announced that a sale has been negotiated between his client and an anonymous buyer.

Jamieson purchased the stamp in February 1993. It had been controlled by K. Bileski since he purchased it in the Reford sale in October 1950 for the then princely sum of $3,800. It was part of the Kanee collection during those 4 decades but was again in Bileski’s hands when it was sold as part of a huge collection to Vancouver dealers F.E. Eaton & Sons. Jamieson purchased it from Eaton shortly after, and a few months later sold it to a US collector for $187,500, where it has remained until now.

The exact price was not disclosed but Jamieson confirmed that it was over $200,000.

This is by far the finer of the 2 known copies. The other, Ex Firth & Foxbridge, sold in 1986, is reportedly in a very important British Commonwealth collection in California.

Will either of these stamps ever find their way back to Canada? [illustrated at right is the "other" 2c Laid Paper]. Only time will tell. Jamieson stated that the market for exceptional Canadian stamps has never been better. Strong economies in both Canada and the USA are benefiting many collectors. “The continuing weakness of our Canadian dollar is resulting in a growing portion of our sales going to foreign collectors in the USA and abroad. Well over half of all the stamps we sell are going out of the country to collectors with stronger currencies. The stamp we offer at C$1000 is only US$720 to a collector south of the border and that collector earns his US$720 at least as easily as the Canadian earns his C$1000. As well, most European and Asian collectors think in US$ (not Canadian dollars).” Jamieson personally estimates that there are close to twice as many serious collectors of Canada and BNA outside Canada as within ... and that group is growing faster. Canadian Collectors Beware!


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