Friday, April 12, 2024
Today's News
Friday, April 12, 2024
Today's News

Rare Canadian stamp sells for just under $300K

Rare Canadian stamp sells for just under $300K

Peter Macdonald claims buyer got a good deal, collector has more ahead.

A rare Canadian stamp cost $292,500 at an Ottawa auction last weekend break.

Issued more than 170 years earlier in 1851, the auctioned 12-Penny Black stamp was considered to be in beautiful condition– as well as stated to be one of only two of its kind in such a state– and includes the picture of Queen Victoria.

Just about 1,450 were sold at the moment so it’s a rare gem, claimed Peter MacDonald, the general supervisor of Triggers Public auctions.

While its selling price really did not damage any type of world or Canadian documents, MacDonald stated the customer got a good deal last Saturday.

” It’s a great price for this stamp. It’s a terrific rate for a Canadian stamp,” he claimed.

” We are very proud of having been offered the opportunity to offer it for the collection agency. And we more than happy to make sure the new buyer gets it right into her or his hands.”.

MacDonald stated numerous prospective buyers joined the sale on Jan. 21, online and also from all over the world. An “passionate group of bidders” can be found in person to the Ottawa workplace, also, he included.

” Advancement bidding brought the stamp to an opening of $150,000 and it climbed really swiftly. In a jiffy, it was over,” MacDonald said.

He stated in 2017, the auction residence marketed a similar stamp that was at one time, attached to this 12-Penny Black stamp on a sheet, sold for $327,000.

According to a 2009 record, one more 12-penny stamp sold for $260,000 US in New York.

MacDonald said the 12-penny stamp was expensive for its time. He claimed at today’s prices, it would establish you back about $16.40.

MacDonald claimed the collector that sold this particular stamp will certainly hold one more “extremely high-grade collection” sale from the Triggers Public auctions office on Feb. 11.

Last Updated:  30 January 2023

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