Third known 2¢ Large Queen on laid paper sold at auction

Canada stamp #32-Green 2¢ Large Queen on laid paper Image courtesy of Vincent Graves Greene Philatelic Research Foundation
Canada stamp #32-Green 2¢ Large Queen on laid paper

The third known example of the green 2¢ Large Queen on laid paper (Scott #32) discovered on July 16th, 2013 (see our previous article) just sold at Eastern Auctions this past weekend. The winning bid for this rare Canada stamp was $215,000 + 15% buyer’s premium ($247,450)! Even though it brought in less than the last Large Queen sold by Brigham Auctions for $475,000 (see this article about the Brigham auction), you’ll remember that this is the stamp that a collector found in a sales circuit book not too long ago. Some estimate he paid around $5 for it, others say $60; no matter what, that’s a pretty good return on his investment!

Read more