For a final price of £117, this must be one of the best bargain in ebay. The catalogue value for mint stamp in SG is approx. £450. With the Basel certificate of authenticity, I would expect this one to reach at least half the catalogue value but it didn't. The perforation is 12, easily counted from the horizontal perforations which is roughly about 2cm in length. The feet of H are joined together as are all genuine examples.

In 1886, the governor of North Borneo W.H. Treacher realised that the company was losing money by the avoidance of Revenue duties by bussinesses, merchants and traders. The receipts under the Revenue Stamp Ordinance were close to naught. In view of this, several North Borneo stamps were overprinted with various 2-lines or 3-lines "Revenue" overprints. There are five types of such overprints.

The magenta 1/2 cent and the blue 10 cents stamps of 1886 issue were overprinted with "and Revenue" overprints in 2 lines - the arrangements were such that the letter "d" in "and" is either  above the "n" or "nu" of the "revenue". In general 4 out of 5 has the letter "d" above "n" making it the commoner variety.

Three stamps were overprinted with the three-lines revenue overprints that read "(value)/Cents/Revenue". Note that all initial letters of each line is in capital. The position of stop correspond to the varieties. This can either be after the "Cents" or after the "Revenue".

Four of the stamps pictured above were listed in ebay several days/weeks ago and reach (not suprisingly) high final prices.

This stamp reached a final price of AU $172.50 on 25.07.11. What's intriguing about this stamp is that it has two marks, one black Kudat cds and another, faint circular violet mark on top right corner. So what is this then? A fiscally used stamp, a postally used stamp or a forgery? The black-ink cds has an uncommon format for D2. The time code (i.e. A) is followed by the month (i.e. MY) rather than the day. The year is unclear but probably "95" i.e 1895. If the date of 23 May 1895 is correct, then there are several anomalies with regard to this postmark. Proud mentions that for D2, the time code is nearly always omitted from 9.6.95 and that from 10.3.94 to 9.6.95, the cancel is usually strucked in blue ink. To add to that confusion is the violet mark on the background. Hopefully, someone with an explanation can elaborate.

The first stamp on the lot is cancelled with Kudat fiscal cancellation, possibly representing D5 of Proud. Of note, it is only seen on high value stamps off cover. This cancel is similar to Sandakan fiscal cancel but the letters and cross are rather heavier and the year is a full four-figured number. In this example, the cds is strucked in blue ink with black pen cancel. Another interesting mark is the one on the $2 stamp, it shows part of a large double-ring cancel with the Arms of the Company. This is strucked in blue ink but the inscription is not legible for me, I'm guessing that this could be the Government of British North Borneo seal...

On July 14, 2011, Spink London held an important philatelic auction of Walter Bickly's Labuan and North Borneo collection. Of the 722 lots auctioned, 475 were North Borneo lots and 247 were Labuan. There was a wide array of lots ranging from a single stamp to important covers and specimen stamps. Of note was the De Saumarez cover, one of the earliest known covers from Labuan. But this didn't even come close to the most expensive item sold during the auction.

Of the 722 lots auctioned, only 47 lots (6.5%) remained unsold at the conclusion of the auction. Cumulative price realisation excluding buyer's premium was £508,025. The most expensive lot in the whole auction was the 1904 $10 Labuan stamp (SG142) which managed to topped the list with an eye popping figure of £32,000. The cheapest lots sold in the auction was £40 (several lots).

Description: Officially the rarest and most expensive Labuan stamp known. This fine unused stamp comes without gum as usual. The stamp also comes with RPS certificate no: 18,949 - perhaps the reason why the stamp sold for £7,000 more than the catalogue value in Stanley Gibbons. This one piece of paper, being the most coveted material in the auction, would need an average middle class worker to work for at least 3-5 years before being able to afford for such a gem. At £32,000 this piece of stamp can buy 1 kg of pure gold at a current market price! It also tripled the estimated price of £10,000 at the start of the auction.

Description: Described by the auctioneer as being extremely rare. This strip of three stamps with provisional surcharge of 3c. on the pink 4c. stamps shows a small "3" in the middle stamp, being neatly cancelled by oval of bars and part of the red circular date stamp. Auctioneer estimated the price to be between £4,000-5,000 but this rare gem managed to eventually push the hammer price to a staggering £10K. Although the perforations look dodgy and the fact that the stamps are cancelled with the 'hated' oval of bars, this strip of stamps reached an amazing final price nonetheless.

Description: This one shares the second place with the strip of three stamps above. Although £2,000 below the minimum estimated price, this lot reiterates the tenet of stamps collecting - "To err is Divine". The more obvious and major the error is, the more expensive the stamp becomes. In fact, the most expensive stamp in the world also follows the same basic rule. This lot consists of a block of six postage due stamps. The middle row however has the overprint ommited making it one of the rarest North Borneo philatelic collection. It is also great for a showpiece and perhaps should be displayed in a major philatelic museum!

For the complete list of items auctioned, click here.

North Borneo stamps in Rome? That doesn't sound right at all. I don't recall many Italian sellers selling British Borneo materials, neither in ebay nor elsewhere. So my main target to Rome was simply to eat authentic Italian spaghetti, attending the Pope's mass and to admire the artistic masterpieces of the likes of Michaelangelo, Raphael, Bernini etc. Stamps came tenth in my to-do list.

Nevertheless I did manage to find a philatelic shop in the middle of the bustling city of Rome. Who would have tought that the shop was just a stone throw away from the hotel where I stayed. I went inside the shop, trying to pick up any hint suggesting the presence of rare philatelic gems hidden somewhere in the mountainous stamp albums. I was duly greeted by the shopkeeper with "buongiorno", an Italian formal way of saying hello. I wanted to ask him about North Borneo or even Malaya stamps, but because there wasn't anything in the shop suggesting non-Italian items, I started with a very broad question - "Do you have stamps from the British Commonwealth?" He gave me a blunt "No". "What about British stamps?" I asked again "No, we don't have that either...".

So yeah, no luck in Rome. I went to several other smaller shops but the answers were practically the same. "No!". I didn't stay long in Rome, perhaps if I had a longer stay I might, with luck, find  some stamps r covers from British Borneo. I remember buying two covers of North Borneo BMA stamps from an Italian seller long time ago but that was it..

Because Vatican City is the smallest country in the world, everyhing you expect a country should possess can be found without difficulty in this 0.44 km² area. This includes its two post offices; and the philatelic museum located in the bigger museo vaticani. I knew nothing about the Vatican philately but a visit there was quite interesting because you get to see the Pope's picture everywhere in the coins and in the stamps and the tendency to depict religious-related design (Angels, cross, Saints etc). Many of the older Vatican stamps are engraved which give that nice classical feeling and high aesthetical value.

Many pre-1900 covers were also shown but because I don't have the knowledge of the Papal states philately I didn't get to appreciate their values and beauties. Perhaps they are as rare as the older cover we have in North Borneo such as those with Gantian postmark, Silam, the early entire and the early Labuan covers. Here are some of the exhibited items in the museum:

I saw this cover/document listed in  ebay several days back. It thought it's a very nice historical document pertaining to the change of status of North Borneo from British Protectorate to a Crown Colony. Along with the declaration of His Majesty King George is a black and white portrait of their Majesties. Apart from the main issue of status change, his majesty also acknowleged the post-war effects (which was essentially the primary factor for the change in status), and finally an announcement about Labuan island as being part of North Borneo.

So what does it mean to be a Crown Colony rather than a British Protectorate? Well, after the WWII, the British North Borneo Company became virtually paralysed financially. The destruction of the towns and infrastucture was so great that the Chartered Company was unable to reconstruct North Borneo. Sandakan as a capital was totally wiped out such that Jesselton was chosen as the new capital. That's when the Company decided to sell its interests to the British government, and in doing so, afforded North Borneo a Crown status on July 15, 1946. Protectorate simply means that the British government is protecting North Borneo both diplomatically and militarily, but the administration remained entirely in the hands of the Chartered Company. So when North Borneo became the Crown Colony, the British government not only controlled the administration but also safeguard North Borneo interests.

The cover/document ended with an expected final price of US$355.50. It is franked with various North Borneo and Sarawak BMA stamps and tied with Jesselton cds dated 15 JY 46. There are also translations of the proclamation in Malay and Chinese according to the seller.

Silamstar noticed this lot in ebay and everyone starts asking why would these common CTO stamps ended with a very high final price? About a year ago, I sold the exact same copies of stamps (CTOs) and I got US$18 for both. I thought that was pretty ok until I see this one. Perhaps Anthony was right, while North Borneo stamps are getting more expensive in the current market, those who have started collecting long time ago will be rich if they start selling their stamps now. Are North Borneo stamps on the rise?