Millbury postmaster provisional stamp to auction for $50,000 in Canada
Rare 1846 Millbury postmaster provisional stamp is expected to bring $50,000 at auction this week
Paul Fraser Collectibles, Tuesday 20 March 2012
An 1846 Millbury postmaster provisional stamp will feature at auction in Ontario, Canada tomorrow (March 21) with a pre-sale estimate of $50,000.
The Millbury, which is seldom offered at auction and is one of the most sought-after provisionals, is sure to attract attention from collectors who will be delighted by this rare opportunity to get their hands on the stamp.
The example, which is accompanied by a 1985 Philatelic Foundation Certificate, is a fine used copy with light red circular cancel. A light crease and some thin spots are not expected to affect the $50,000 estimate.
Other notable lots include a scarce 90¢ Perry which is expected to bring $5,000, and a rare top margin mint block of the 2¢ Black Jack which carries a pre-sale estimate of $4,000. The auction will feature over 7,300 lots, with a large selection of worldwide singles, sets, varieties, errors and cancels.
The ever strong stamp market is booming at the moment. This is reflected in the 5.16% growth in the value of the world's 100 most commonly traded stamps between January 2011 and January 2012, according to Stanley Gibbons' SG 100 Rare Stamp Index.
Those interested in investment grade stamps may wish to take a look at our stamps for sale, including an exceptionally rare 2d Tyrian Plum, 2½d Prussian Blue, and a selection of trial plates from the 1840 Rainbow trials.
Watch this space for more news on postage stamp auctions and results.
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