Well, this was fascinating. I kept an eye on the Maresch & Son auction from earlier this week. I suggested in my post from the 21, the stamps might go for significantly less than the estimate and I was correct. Mind you, it didn’t take a clairvoyant to figure out the prices would be lower. With the current economic crash and pandemic fears, people are being extremely cautious. I was surprised at how low some went for. Makes me wish I had been in a position to bid on them.
The collection of early Canadian airmail proof cachets sold for less than half the estimated $1000 value. Someone snagged them for $425 (cdn). This could be a great centre-piece for pioneer airmail collectors. I have about 20 different cachet covers and love looking at them.
Lot 624a, full sheet of Patricia Airways
Valued at $480 sold for a mere $177 (cdn). Oh what a bargain. This one made my heart skip a bit. I own just one Patricia and coveted this full sheet. Ah the sins of stamp collecting.
Lot 627 – Special Delivery block, sold for $307 (cdn)
The estimate was @ $1500.
And finally lot 708a – early Nova Scotia
Not all lots sold for far below the estimates. A few even exceeded the predicted price. But that’s the way auctions go. Some days bargains are to be had and other days, bidders war breaks out. The pandemic certainly had an impact. I’ll be watching a couple of upcoming auctions to see if this was a one off or not.
Check out the prices realised at https://stampauctionnetwork.com/RM/RM557.cfm . Not sure how long it will available so don’t waste time.