A Christmas Error

Your chance to profit from a market pricing anomaly

You can’t beat a good Christmas stamp error.

The Christmas stamp issues of Queen Elizabeth II’s reign are probably the most popular of all British stamp errors. 

With such a diverse range of interesting errors to hunt for, they have always attracted a large philatelic following.

It is an area of collecting accessible to everyone.

What makes them so appealing is the fact they should never have existed in the first place.

You would expect modern automated printing processes to prevent errors occurring.

Not so…

Despite an abundance of rigorous control checks in the printing process, no system is perfect. A small number of mistakes slip through the net.

Their extreme rarity, coupled with a large demand, makes them one of the scarcest assets you could own.

Some collectors focus entirely on building a collection of errors. Others purchase errors as showpiece items within their collection.

What’s particularly appealing right now is that modern British stamp errors are the cheapest they have been in 15 years.

I can’t see this inexplicable pricing anomaly lasting long.

That’s why, today, I am recommending you treat yourself to an early Christmas present…

For pleasure, pride and profit.

The Christmas errors collection

I have assembled a collection for you of Christmas stamp errors.

The errors include missing colours and missing perforations, providing great visual appeal.

They are all extremely scarce.

Where possible, I have also included blocks of stamps with errors, which are the scarcest of all.

The collection is available to purchase today for the price of £36,425.


These are all the Christmas stamp errors I have. Once this is gone, I’m sold out.

It would take me years and a huge amount of time and effort to build another collection like this again.

Study of historic price data

Studying the price history of the stamps in the collection throws up a big shock…

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NOTE: Prices quoted are listed values from Stanley Gibbons GB Concise catalogues.

Being such a strongly contested area of the market, in total, the stamps in the collection increased in value by 227% in the 10 years between 2002 and 2012.

After a strong run, it was then not entirely unexpected to see prices enter a cooldown period between 2012 to 2017.

The big shock, however, is to see such a massive reduction in prices in the last five years. Prices hardly ever fall to this extent in the stamp market.

Remarkably, the prices these stamps are available for today are very close to the prices they were selling for in 2007!

How unusual this situation is can be demonstrated further when comparing the price changes in the past 20 years compared to the GB rare stamp market as a whole…

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NOTE: GB30 Rarities index is the recognised market barometer for GB rare stamp market.

As you can see, the prices of QEII stamp errors broadly followed the market trend for GB rare stamps between 2002 and 2017.

Yet, between 2017 and 2022, the QEII stamp errors collection fell in value by 43% compared to just 14% for the broader GB rare stamp market.

In my view this is a clear pricing anomaly and QEII stamp errors are currently completely mispriced.

Why did prices of QEII stamp errors fall?

As stated above, the prices are taken from the Stanley Gibbons GB Concise catalogues.

For reasons specific to Stanley Gibbons, they consistently reduced the prices of QEII stamp errors in their published catalogues between 2017 and 2021.

In their latest 2022 catalogue, prices remained unchanged from 2021.

Unfortunately, Stanley Gibbons catalogues are broadly recognised as the authority in the pricing of British and British Commonwealth stamps.

When they reduce prices, the market reacts accordingly, regardless of the true underlying market dynamics in play.

In my view, the current catalogue values of QEII stamp errors do not reflect their true market values…

5 reasons QEII stamp errors appear undervalued

As I said, the market dynamics do not always follow Stanley Gibbons catalogue values.

And when this happens, we have an imperfect market and a clear buying opportunity.

There are five highly visible reasons why QEII stamp errors look set for an upward market correction over the next five years…

1. Basic laws of economics

There is a healthy and growing number of collectors interested in purchasing British stamp errors at the moment. By nature, these errors are extremely scarce. The basic laws of economics dictate demand exceeding supply causes prices to rise.

2. We are experiencing strong demand

Over the past five years, we have experienced a healthy level of demand for QEII stamp errors from our own client base. Most collectors are more than willing to pay listed catalogue values… and that was the case before the recent 43% price cuts.

3. The most prestigious dealers disagree with current catalogue values

We can see that the most prestigious stamp dealers in QEII stamp errors are frequently listing stamps for sale at prices above Stanley Gibbons catalogue values. Furthermore, we know the largest dealer in this area of the market is the biggest buyer in the market right now.

4. Strong auction realisations

We are seeing strong demand for QEII errors when they appear for sale at auction. Almost all are selling and, in some cases, they are selling for prices considerably above catalogue values. Auctions provide the most visible evidence of market prices.

5. Cheap on a fair value basis

On a fair value basis, compared to their peers, British QEII stamp errors look decidedly good value at current catalogue values. For example, we are currently offering this modern stamp error from Canada…

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Canada 1969 Christmas 6c, 'Children of the World in Prayer', error Black (inscription, value and frame) omitted, SG645a – Price: £1,700


There are a maximum of 196 examples of this error. This equates to a total market capitalisation of £333,200. Most of the GB QEII errors in my collection have a market capitalisation of under £50,000.

This is just plain wrong.

Buying British QEII stamp errors is probably the most obvious buying opportunity in the market right now.

My collection also includes one of the greatest stamp error rarities of Great Britain…

The biggest prize in the collection

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Great Britain 1974 3½p Christmas error, SG966a.

Superb unmounted mint with full original gum vertical strip of three with light stone (background shading) completely omitted from the top stamp and partially omitted from the middle stamp.

A great rarity and quintessential Queen Elizabeth II error with only three examples recorded.

The stamp depicts "The Adoration of the Magi", taken from the roof boss (the centre of the vaulting ribs) in the nave of York Minster. The boss is dated about 1355. The colours used on the stamp were stone, light grey, blue, gold, brown and black.

It is no longer listed in the Stanley Gibbons catalogue, due to their change in policy regarding not listing prices of stamps of the most extreme rarity, but was previously listed at a value of £45,000.

The potential for very strong growth in value for major rarities such as this was evidenced between 2002 and 2012, when it shot up in value by four times from £10,000 to £40,000.

At its current value of £25,000, it looks exceptional value.


Own the Christmas QEII stamp errors collection today

Let’s recap:

  • A collection comprising 9 rare British Christmas stamp errors from the reign of Queen Elizabeth II in the finest condition grade
  • Available at almost half the value the collection was worth 5 years ago
  • With very clear and tangible market indicators suggesting prices could rise again in the next five years
  • A hugely popular and growing area of stamp collecting, providing further stimulus and pressure on prices to rise

You can purchase the entire collection from me for the price of £36,425.

You will need to contact me quickly to secure the collection intact.

I know some items in the collection will be picked up quickly by collectors.

They will purchase directly from our website soon after reading this e-mail.

To secure the entire collection before it is broken up, please e-mail me at mike@paulfrasercollectibles.com.

I’m having a quiet night in tonight as I am at a Christmas party tomorrow night, so I will monitor my e-mails all evening.

Remember, these stamps almost doubled in value between 2002 and 2007. Current market indicators suggest this could happen again.

Have a good weekend.

Kind regards


Mike Hall

CEO Just Collecting Limited

PS. Just to remind you of the additional benefits you enjoy when you buy from us:

  1. Lifetime moneyback guarantee of authenticity
  2. FREE fully-insured delivery to anywhere in the world
  3. FREE secure storage and specialist insurance cover in the Channel Islands, if required
  4. Dedicated support when you come to sell your collection in the future and to help you realise the best price in the market at that time

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