Domestic Letter rates were increased
heavily on January 4 in Australia - by about 40% for the cheapest speed domestic
letter. The new price was $1 so you need an extra 30¢ to mail legally.
This created a stamp shortage, and
one State printed their own 30¢ values. The price of these “Emergency” issues is
totally going through the roof in Australia, as only about 200 mint sets 6 are
estimated to exist in collector hands globally.
A single stamp, along with a normal
70¢ stamp, both on piece torn off an envelope, just sold for over $2,025 -
tinyurl.com/CPS2025 – and attracted 36 frantic bids. Full story here -
tinyurl.com/2016set
Kiloware piece just sold for
$A2,025!
I’d suggest that is a WORLD
record price for 2 letter rate stamps on a kiloware snipping from
ANYWHERE in the world, Post War - can you think of another?! Probably
for the past Century, now I think on it.
The huge prices for these
have created stories across all mainstream Australian media, as many
used copies are in kiloware etc. Commercial covers with single
"Emergency" stamps are already selling for up to $1,700 to keen postal
history collectors, before the new high $2,025 was reached for a piece.
A domestic First Class
Australia letter increased over 100%, to $A1.50 from 70¢. A new
service, “standard letter” (Second Class delivery time frame) was
introduced, costing $A1 - a hike from the 70¢ First Class rate of 2015.
And up from just 60¢ in 2014.
Australia Post CEO Mr Ahmed
Fahour has overseen regular and massive rate hikes in recent years, at
all levels, yet the Corporation has slid solidly into the red for the
first time. Mr Fahour is paid about $A4½ million - about TEN times
what the USA Postmaster General receives.
In Australia nearly the
entire country takes summer holiday from mid-December until mid-January,
and this much delayed and debated price rise was finally approved late
2015, and deemed to take effect almost immediately on Monday January 4.
When the country was basically closed, business wise!
Bureaucratic incompetence reigns.
The national supply of the
30¢ Crocodile Definitive “make-up” stamps was not beefed up in the
regional distribution centers, as an orderly price rise usually ensured
occurred. Due to the frantic pace the rise was implemented. They knew
for 6 months this rise was imminent.
Face value $1.80 –
retail $4,000!
The Adelaide South Australia,
Distributor of Stamps Office for Australia Post, totally ran out of 30¢
stamps the first day of the week the letter rate increased to $1 - on
Monday, 4 January 2016. To alleviate the shortfall, the Adelaide GPO
hastily printed up a very small “Emergency” issue of 30¢ Counter-Printed
peel and stick Stamps. (“CPS”)
They used a slow, clunky, 22
year old “CPS” (Counter Printed Stamps) machine that was only used once
or twice a year for stamp show souvenir stamps etc. Adelaide is the
only state GPO to have retained one. (All states received these machines
in 1994.)
Distribution of these
“Emergency” 30¢ issues began on afternoon of January 5 to a wide range
of suburban Adelaide PO's urgently needing 30¢ make-up values. The
earliest potential sale date was 6th January as offices received them,
and started selling their stock.
Stamps needed for just 3
days.
The Emergency lasted only 2
or 3 days. I know of 3 commercial used “FDC” with clear
January 6 machine cancel dates, and retail of those is about $3,000
apiece as I type this, but all are in good homes. More details here
-
tinyurl.com/2016set
Supplies of 30¢ Crocodile
stamps were back in the stocks of the Adelaide Distributor of Stamps
from Melbourne, by Friday January 8, and NO more 30¢ counter-printed
stamps were produced - and this was confirmed by Australia Post on
January 27.
At no time in history has any
CPS machine been used for other than current letter rate I understand.
And NEVER for a postal “Emergency” issue. This was a “First” in very
many ways. Many collectors and dealers VERY strongly and loudly
urged a reprint of these sets, but Australia Post declined.
There was zero advance notice
given of these 30¢ Emergency issues, and no philatelic stocks were put
aside, or sold to collector outlets or standing orders. A sharp eyed
Adelaide collector noticed them on sale in his Post Office, and “the
hunt was on”.
LUMO Envelope gets near $1,700.
stampboards.com the large
postage stamp chat board and Stamp Bulletin Board Forum, broke the story
of these emergency issues to the stamp world on January 18. That was a
day or so AFTER the copy deadline for last month’s magazine column,
hence this lag.
These six 30¢ Emergency
produced stamps - three depicting Kangaroos, three Koala Bears, all in
different designs, and all inscribed at base "30¢ Adelaide 2016"
are peel and stick, on waxed backing paper, with die cut perforations.
This is the very first time
since Federation in 1901 that the Australian Post Office has printed an
“Emergency” postage stamp issue of any kind. Most unusual, and highly
collectible, hence the global wave of interest. I’ve mailed these to
collectors in 5 continents already.
100% Official PO Issue.
It was 100% official,
authorised by the Manager of a main State GPO in an operational
Emergency. They were sold for face value at many large POs for a couple
of days, and they were widely used on commercial mail. Many genuine
covers, and kiloware used copies exist already.
They will doubtless be listed
and priced thus, mint and used, in many catalogues globally as their
background meets listing requirements. The 1994 PNG items of exactly the
same background to this day gets VERY high prices, despite a huge 45,000
sets being produced.
Rodney Perry, well known, and
50 year in the stamp trade experienced Australian dealer veteran,
described this Australian 30¢ issue of 6 “Emergency” stamps on
stampboards several times as a “Modern Rarity”.
National mainstream
Australian Fairfax and News Limited Media picked up on it late January,
with this story being the most viewed news item on the leading Melbourne
daily newspaper "The Age" website,
tinyurl.com/TheAgeMel
and the "Sydney Morning Herald"
etc. It was the most viewed news story that day on The Age
website.
National radio networks
followed, with stamp dealer interviews nationally on the issue. I was
interviewed for over 10 minutes on the highest rated radio station in
the country –
tinyurl.com/2GB30c
Seldom does a new stamp issue make the wide palate of mainstream media,
and this is clearly great for the hobby.
One
senior medico buying many of the covers and specialist pieces etc, has
not collected stamps for decades but the media focus on this caught his
eye, and got him “hooked” again on the hobby.
The Australia Post
Collectibles Facebook page added a link to these major news stories,
tinyurl.com/OzpostFB adding to their official endorsement of the set
- very curious for a stamp new issue that they were unable
to ever sell to collectors!
Most read story on Linn’s website.
The story has made the UK
Stamp magazines, and was a lead story in the mass American magazine
“Linn’s Stamp News” - and the Linn’s website reports it was their #1
most read article. American buyers seem very active in this issue.
The very first ebay sale of a
set of 6 of these was completed January 24 -
tinyurl.com/SA30c
which sold after 49 bids, for $A1,051. To
the great surprise of many - me especially, as I was still mailing out
sets clients had ordered at $125 off my email offer that week!
Sold for ~1000 times face
value.
A parade of sets then each
reached well over that 4 figure price on ebay, with the highest I
personally saw early on, being a “Buy It Now” offer being grabbed
on Jan 31 at $A2,800 - tinyurl.com/Strip2800 - cost price at a Post office 3 weeks
earlier $A3 - so that figure was near 1,000 times face value.
A set closed at auction
February 4, also about 1000 times face value - tinyurl.com/Set30c
reaching $A1,875 after 27 bids setting a new high water level - for a
short time. At the time of all these many sales in the 4 figure region
of stamps and covers outlined above, the “Emergency” set had not even
been printed for one month.
Most sellers mentioned they’d
bought the stamps at various Adelaide POs to add as “make ups” to their
existing 70¢ values, and had seen the mass media reports of these, and
decided to cash in on their lucky purchase.
Prices keep hopping along!
Most of that kind of “Lucky
Break” material has appeared and sold already, and real collectors with
them are hanging on tight it seems, so the ride from here on will be
pretty interesting I imagine as stock dries up.
The highest “Buy It Now”
offer on ebay I have seen up to mid-February for a set of 6 is $A4,000 -
tinyurl.com/4000CPS - face value $1.80 - so more than 2,200 times
face value. A mint £2 Kangaroo only costs that!
Limited issues of some
British Commonwealth QE2 sets do get very high prices. The
Anguilla 1967 set is listed in Stanley Gibbons at £24,000
mint, and £4,000 used. Scott lists them at similar prices - $US26,935
mint and $US4285 used.
The Postmaster there
distributed these sets to a selected few, the SG note indicates, yet the
prices stay high, and the set is pricey and popular, despite no
domestic Anguilla collector market to speak of.
Range of Registered sent.
Via a helpful Adelaide
friend, I was able to arrange for many clients to get real mailed
Registered covers bearing sets and singles of these stamps mailed to
them in January, for a very modest cost, as prices were only just rising
then. One such cover with a single sold for over $1,025 on February 7,
with a January 11 philatelic cancel.
Totally philatelic cover gets $1,880
A cover with a set of 6,
handed back over the counter at Adelaide GPO got $1,880 after 37 bids -
tinyurl.com/1880CPS
to the amazement of the sender and the
seller. And to me - I’d sold 4 identical covers that week for a small
fraction of that!
A genuine $1 commercial cover
bearing an Emergency 30¢ stamp issue, to the Lumo Energy utility company
in Victoria, with January 11 machine cancel, was sold on ebay after 67
bids reaching $A1,694 on January 31 -
tinyurl.com/30cCPS - certainly a world record price for any modern
issue stamp on cover, anywhere, with no variety.
That cover was found in a bag
of business mail by the Uniting Church “Sammys stamp charity” by a
stampboards.com member, and the monies it raised went to that charity,
less ebay fees. An unattractive window faced cover was found the same
day there, and also got a huge 4 figure price - $1,413 on February 7.
I had an order for a set of 6
covers bearing these stamps, to be airmailed to Russia, to the Commander
of the orbiting “ISS” MIR Space Station, who is a keen stamp collector
and Exhibitor. QUITE a story. One went to South Africa with the ozzie
Nelson Mandela stamp on it, the owner now loves.
CHECK your kiloware
sources!
Readers are urged to check recent
kiloware and inward mail from Adelaide for these January issued stamps, as even
postally used pieces are routinely obtaining massive sums in Auction and from
dealers - $2,025 is the highest price so far, for a torn off envelope corner.
The stampboards detailed photo
discussion has identified 2 different designs (CPS Paper Types 3 and 4) among
the sets printed, which added to the few specialist error pieces being
identified has made this into a true fertile area for serious philatelic study.
I heard about these sets very early
in the piece luckily, and sold them at ever increasing prices, as new stocks
were sourced. Starting at $50 a set, my price as I type this is $1,950 a set of
6. Stampboards as usual broke the news globally - 600+ posts on it here -
tinyurl.com/2016set
Someone WON this in
February.
One client in
Cairns bought a set 6 from me for a few $100, and noticed there was a
strange sort of albino invert look to the CPS print. As I typed this,
it was ebay bid up to $4,500 with days to go although he now
greedily wants much more, despite his modest cost only 2 weeks earlier -
tinyurl.com/varCPS
A Registered postal cover
bearing this issue, from Adelaide to Mildura Victoria, clearly cancelled
Jan. 24, was offered free to any collector who wished to enter, on
stampboards -
tinyurl.com/WINcoverto celebrate their reaching 15,000
global members this month. Even those are getting 4 figures, and as I
type this, it had 50,000 entries!
Who says that “Modern” stamp
issues are BORING?!
Half Century of Decimal
Currency
Australian readers will be
aware that on February 14, we celebrated a Half Century of adopting a
Decimal currency. In February, Australia Post issued the $1 stamp shown
nearby to mark this occasion.
Fifty Years of DOLLARS!
A great and wonderfully
simplified system I must say, as someone who grew up the era where
wrestling with ridiculous figures like £36/7/11½d ($72.80 to younger
readers!) was encountered in all walks of life, and many can well
remember that era.
Many stamp collectors do not
realise that all pre-decimal stamps were legally valid on mail for a
further 2 years - until February 14, 1968. This of course
included ANY stamps from the “Australian States” era, even 150 year old
issues. No gum or creased versions of many of these were common in
dealer stocks, and they were sometimes used on letter mail.
So, when we went Decimal on
February 14 1966, the public were given 2 years to use up any
pre-decimal stamps they still had in their possession, i.e. until
February 14 1968. This was little known, and even by stamp
collectors, little used.
They were to be accepted at
the slightly complicated MANDATED changeover rate where 1d = 1¢ for
single stamps. (But a 5d stamp was accepted at only 4¢ – see, I said it
was complicated!) In practice this concession was rarely used by the
public, and was little publicised. And further, very rarely done in
conjunction with the Decimal issue stamps.
Any pre-decimal franking
usage I have seen, was mostly early 1966 where folks used up "old"
stamps still in wallets and purses, and from postage folders in small
offices and businesses etc. This one illustrated is near 2 years on.
Decimal AND pre-decimal
franking.
Shown nearby is a commercial
cover from Queensland, addressed to Parramatta in Sydney, and dropped
into a pillar box at the GPO after closing time. Has a clear Brisbane
GPO roller cancel of “November 10, 1967” with 5.30pm time-slug.
The domestic letter rate had
increased on October 30 1967 from 4¢ to 5¢, so this is the correct rate,
used a fortnight or so after it had been raised. The 3¢ COIL
was seldom used on any mail as it never represented any rate, however
vending machines for this value oddly, stood alongside the 4¢ or 5¢ coil
machines at GPO’s.
As the 3¢ COIL is seldom seen
on any kind of mail item, the ACSC rates it (14 years back) at minimum
$18 on any kind of cover, and its value is a great deal more today. Used
as a valid make-up value, on this dual currency combo cover, it
is especially desirable.
I sold it on stampboards for
$A40, and really think it was a nice piece of apparent non-philatelic
mail in this changeover period, allowing a generous 2 year “Grace
Period” to use up the old sterling currency denominated stamps.
“ILLEGAL” cover cachet!
A curious way of proving how
seriously the Post Office took this rule was when large Sydney stamp
dealer A.C. Campe produced a cacheted FDC design for the 1937
Sesquicentenary issue in 1937. As you can see, he used, as part of the
cover design, the NSW 1d red Sydney View “no clouds” stamp.
That was NSW 1d Red, 1850 SG
#1, and of course was the first stamp ever issued on this continent -
just beating the Victoria “Half Lengths” issued in the same year, 1850.
And was a very logical design element for the 1937 150th
Anniversary series.
The Post Office did not agree
it was legal use, and came down like a ton of bricks on the hapless
Campe, as they argued the 1d red stamp on the left could be cut out and
used to pay legal 1d postage! As the “Sydney Views” were only
issued imperforate, and as this was a very clearly printed reproduction,
I suppose the argument had some merit.
Some will say “but who
would bother to defraud, to save just a penny?” Well in the happier
days before Mr Ahmed Fahour’s new $1.50 for a domestic First Class
letter, a mere 2d (two pence) sufficed to the entire British
Commonwealth - Canada in this case. So one mere penny actually had some
decent value, as can be seen then.
The covers were all printed,
and rather than reprint them all, I understand Campe gave an undertaking
to the Post Office that covers he used after his warning would have an
indelible pen or pencil “X” defacing the NSW 1d “Sydney View” and
that did happen, as I have seen several such covers.
100%
legal rate and frankings.
Stampboards.com had a
Melbourne member show a couple of neat envelopes to Indiana USA
postmarked February 14, 1968 the LAST day the “old” stamps were
valid. They had a fun mix of “State” stamps, pre-decimal Australia, and
Decimal Australia.
There is a grand total of
1/7d franking on the first cover - 4d + 1d + 2d + 2d + 2d + 1d + 6½d
+½d, a total of 16¢ when legally converted. Add 4¢ decimal and we get to
20¢ - the correct airmail letter rate to the USA at that time.
The second cover has ½d + 1d + 1d + 2½d + 6d + 2d + 1d = 1/2d = 12¢
legally converted, plus 8¢ in decimal stamps = 20 cents total. Again
the exact correct 20¢ airpost rate to the USA.
A RIGHT “ROYAL” MESS
Most will not be aware, but
instead of the perfectly sensible original currency unit the "DOLLAR",
the mega arch Royalist Toadie Prime Minister we had at the time, Sir
Robert Menzies, was determined that our new Decimal currency was to be
called THE ROYAL. Due of course to his lifelong crush on the
Queen, and all things Royal.
"I did but see her passing
by, and yet I love her til I die" (Menzies
speech 1963, at a function at Parliament House Canberra, attended by Her
Majesty.) Menzies described himself as being "British To The
Bootstraps".
Robert Menzies was so right
wing, John Howard looks like Stalin or Mao Tse Tung in comparison! He
was commonly known by the population as “Pig Iron Bob” - for many
decades after the reason he got that nickname - for an Export order he
approved. Selling steel scrap to Japan JUST before WW2.
On November 15th 1938, 180
men on the Port Kembla wharves stopped loading scrap iron on one ship,
the “Dalfram”. They believed the “pig iron” destined for Japan, was to
be used for armaments in the invasion of China, where vast numbers of
innocent people were being killed.
These workers also held the
superbly accurate belief that very soon this same “pig iron” would
return as weapons against Australia, in Japan’s advance south.
A truly ROYAL Joke!
Menzies seems to have
personally approved the laughably named “ROYAL” currency, and new
banknote dies were designed and engraved, all the complex and expensive
steel engraved intaglio recess metal plates were made, and completed
banknotes were even PRINTED.
5 "Royals" for a beer!
Until the Cabinet and/or a
wave of common sense thankfully beat some sense into his silly old
Monarchist head - or we'd still be the laughing stock of the world, for
introducing such a wacko and bizarre sounding monetary unit, in the
latter half of the Twentieth Century.
We got THAT close to that
quite absurd name for our new currency being inflicted on us. Fully
finished printed banknotes were prepared, as can be seen in the photos
nearby. Imagine paying 5 "Royals" for a beer!
These images shown here were
sent to me by the Reserve Bank of Australia, and had never appeared on
the web anywhere until I used them. Took me a week of paperwork to
obtain them - you have NO idea the red tape it involved.
R.I.P. - Max Stern, AM.
Just as this column is being
typed I heard the sad news that Max Stern had died at home February 12
from a heart attack, following a heavy fall the previous day - just
short of his 95th Birthday.
Fred Diamond, Max’s multi
decade office manager posted on stampboards that Max had spent a day in
the office the day of his passing, and that is exactly how Max would
have wanted to go - no suffering or pain, and still working hard.
Max Stern, Ken Baker and Kevin Duffy.
I doubt there is a collector
in this country who had not dealt with Max in some capacity, and two
generations of dealers and collectors overseas also had dealt with Max
Stern and Company.
He was a dynamo of a man,
with endless energy and ideas and enthusiasm, and was truly one of those
folks you really imagined would be with us forever. He was still playing
competitive soccer each week, until he was about 90!
A man of boundless energy.
I sat next to Max at fellow
legendary dealer Ken Baker’s 100th Birthday Lunch only a 3
years back, in Moss Vale NSW, and was amazed at how a man well into his
90s could be so ENERGETIC. He was like a coiled up steel spring.
Max was visiting China
several times a year even then, and other foreign countries, doing deals
and moving and shaking, which is was what he had always done for his 80
years or so in the stamp business.
The nearby photo I took
there, of Max and lifelong dealer friends Ken Baker and Kevin Duffy
really does prove that stamps are good for our health - stamp dealers
and collectors reaching ages of 90 or ever 100 are commonplace. Must be
the gum!
Same shop location for 60 years
This massive 9 shop complex
of stamp and coin shops in the Melbourne Port Philip Arcade (with
offices upstairs too as I recall) had been a haunt for collectors for 60
years. (Postcard courtesy Rod Perry.) Sadly, underground rail lines
planned in Melbourne means these legendary shops will likely be
demolished soon.
Max had a sad and graphic
personal tale of the WW2 era, being Jewish and living in Nazi occupied
Europe. Hiding in cinema roof spaces, even whilst the cinema was being
bombed, and later found by the Gestapo etc.
The murder of most of his
immediate family, and his VERY near misses personally from the same
fate, via his fake Argentinian passport etc, are all recounted in his
well-known book of his life - a highly recommended read. “The Max
Factor - My Life as a Stamp Dealer”.
tinyurl.com/MaxStern is the
stampboards tribute discussion to Max, and all who knew him or dealt
with him, are invited to leave a personal comment, and it already has
input from all over the globe, as he was so well known and liked.
R.I.P. Max Stern
- one of the true legends of the global stamp business, and a wonderful
guy to have ever had contact with. You will be missed, and there will
never be another Max.
New ACSC QE2 1953-1966
I have typed this before, but
it is true and bears repeating. Australia has THE best and most
detailed stamp catalogues of any country on earth in my view. No-one
else comes close.
The 10 Volume “Australian
Commonwealth Specialists' Catalogue” (ACSC) edited by Dr. Geoff Kellow
leads the world. Germany, the UK and the USA produce nothing even
remotely as detailed. That would surprise many readers I am sure, but it
is totally true.
The “Stanley Gibbons GB
Specialised” multi volume set is a very sick joke in comparison.
They lack any kind of notes whatever as to numbers extant of errors and
varieties, or numbers sold or produced of the basic stamp in most
cases. Much other essential detail and constant varieties are
also totally lacking, and that is a terrible shame.
Even worse is the Scott
“Specialised” USA which is a quite pathetic single volume that
purports to cover all USA issues from 1847 in specialised form. Like
the SG Great Britain “Specialised” virtually no detail whatever
is given by Scott as to numbers known of key pieces, and details about
them etc.
And even the Michel German
“Specialised” for Germany is nowhere remotely near as detailed as the
ACSC. And what detailed info there is written in technical German. I
once asked fellow Sydney dealer Manfred Junge to translate a footnote in
Michel for me. Manfred was born and raised in Germany until an adult,
and obviously speaks fluent German.
Manfred simply did not have a
clue what much of it said, as it was using technical language and
terminology that he simply could not translate. So for the rest of us
non German speakers, reading Michel Specialised is a non-starter.
First Edition for TEN
years.
The last edition was in 2006
- TEN long years back. At $A105 the value is there - finding just ONE
half decent stamp - a scarcer type Specimen overprint, watermark
variations, printing errors, or re-cut or re-entry etc will readily
repay that outlay many times.
All leading dealers should
have stock of this new catalogue as you read this. I had a lot of
pre-orders. Go and peruse one - you’ll be glad you did. Having these new
editions as fast as you can source one is wise as often stamp bargains
are a begging in dealer stock!
First Edition for 10 years.
This volume is completely
revised, with new details of numbers printed, new shades and varieties,
and many dramatic upward price adjustments, based on actual market
realisations. On the first few stamps I looked at, many prices were up
about FIVE times the old edition. That general trend continues through
the volume.
Even the very pricey material
often increases a lot. The front cover Block of 4 of 7½d violet, Double
Print at base goes from $15,000 to $25,000 for instance. There are many
other examples of key pieces experience massive price updates.
This edition has a very handy
new section in the front listing all the postage rates relevant for this
era. Most useful, and very difficult data to find published in print
elsewhere.
This volume also lists flaws
on the relevant Australian Antarctic territory stamps and the Cocos
Keeling Island stamps, proofs, plate varieties, and Base cancel fdcs
etc.
A meaty 360 pages, so
excellent value at $A105. All leading dealers should have stock of this
new catalogue as you read this. Go and peruse one - you’ll be glad you
did
If you have an earlier
edition of the “QE2” Catalogue - just toss it away or give it to
someone as a reference - the often massive 500% price rises and new
information in here makes the old one totally redundant.
Kudos to publishers
Dr. Geoff Kellow is an editor
without par for this series of catalogues. Meticulous and scholarly
original research is evident in all volumes.
The resultant 10 volume ACSC
set is something all parties involved should be enormously proud of. NO
other country can boast such a complete set of catalogues. Or indeed
anything even close to them.
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