1995 Canada invert stamp expected to bring $22,000

paulfrasercollectibles

2015-06-26 12:54:44

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1995 Canada invert stamp expected to bring $22,000

A rare 1995 $2 Canada invert stamp will highlight a June 18-19 New York auction

A rare $2 invert stamp from 1995 will highlight the Canada modern proofs and errors section of a July 18-19 sale.

Canada $2 Provincial Normal School invertThe stamp will auction with a high estimate given past auction results

The error was originally discovered in 1996 when a few panes of the 2 Truro Provincial Normal School stamp were reported to have been printed with a centre invert. However, they have now been renamed as inverted inscriptions after it was revealed that the main design of the stamp was printed first and that instead the error lay with the surrounding text. In total, four sheets of 25were identified -two in Moncton, NB and two in Hamilton, ON.A sharp-eyed dealer in New Brunswick then purchased the four panes from three different individuals for an undisclosed sum, before selling the entire group to a US dealer. Since then, the sheets have been broken up and sold as individual or block lots.The example at auction is a left sheet-margin single with the brown cutting guide gutter at the top. It represents one of just 10 extant examples from the Hamilton, ONfind and isexpected by the auction houseto realisethe Unitrade catalogue valuation of $22,000.However, this could be arather hopeful estimate, as a similar example sold for just $9,500 in 2005, although admittedly it did not share the same sheet-margin position as the current stamp. Also featuring in the auction is a magnificent 50c Year of the Rooster stamp from 2005, of which only a single pane of 25 was discovered. Sold complete with a 2006 guarantee, it is estimated at $1,600. British Commonwealth collectors will want to take a look at our latest extraordinary addition, which is undoubtedly the rarest and finest stamp in Canadian philately. View our complete collection here.

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