Collectors watching or participating in our live webcast auction were treated to an exciting event, with outstanding realizations including many record prices. In fact, our two March auctions were the most thrilling sales we have ever held.
The first lot in the Brigham auction, the Sir Sandford Fleming 3p Essay, fetched $475,000. This far surpassed the pre-sale estimate of $150,000 and is a record realization for any single Canadian philatelic item. The next lot, a 3p Beaver original die proof, sold for $62,500 against an estimate of $35,000.
And so the auction started, setting the tone for the next two days. The first two lots of the Lundeen sale on Saturday realized $110,000 each, against estimates of $10,000 and $35,000 respectively! When the dust settled, an overwhelming total of over 6,600 bids had been received on the 303 lots sold over the two days, resulting in a total realization of over $4,100,000.
We made a valiant effort from the onset to thoroughly promote these auctions. If the results are a glimpse of what collectors can expect to see in the future, then Canadian philately is finally shining on the international stage. Perusal of the enclosed prices realized will reveal strong realizations on almost every lot, often to unprecedented levels.
It is certainly a great way to start 2023. We believe that anyone who has been debating whether or not it is time to consign, should now be very confident. What better time to bring those cherished items to the market! Please contact Yohann Tanguay or Gary Lyon to discuss details on how we can work together to present and promote your collection to our unparallel client base.
On behalf of all of us here at Eastern Auctions, we thank our consignors and clients for their continued support and enthusiasm.
The Eastern Auctions Team