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Oil Development, Western Canada

Stamp Info

Name Value
Date of Issue March 1, 1950
Year 1950
Quantity 10,500,000
Perforation or Dimension 12
Printer Canadian Bank Note Company, Limited.
Postal Administration Canada

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Stamp Values/Prices (Beta Mode*)

Condition Name Avg Price
M-NH-VF Mint - Never Hinged - Very Fine
Mint - Never Hinged - Very Fine $8.55
M-NH-F Mint - Never Hinged - Fine
Mint - Never Hinged - Fine $5.55
M-NH-VG Mint - Never Hinged - Very Good
Mint - Never Hinged - Very Good $2.25
M-H-VF Mint - Hinged - Very Fine
Mint - Hinged - Very Fine $4.05
M-H-F Mint - Hinged - Fine
Mint - Hinged - Fine $1.80
U-VF Used - Very Fine
Used - Very Fine $1.05
U-F Used - Fine
Used - Fine $1.05
U-VG Used - Very Good
Used - Very Good $0.80
* Notes about these prices:
  • They are currently in beta mode, meaning that they should not be relied upon yet as a source of truth and could change frequently. Please notify PSG if you come across values that do not make sense.
  • They are not based on catalogue values but on current dealer and auction listings. The reason for this is that catalogues tend to over-value stamps.
  • They are average prices and might not be fully accurate. The actual value of your stamp may be slightly above or below the listed value, depending on the overall condition of your stamp.

About Stamp

This postage stamp design recognized the significance to the national economy of the development of oil in Western Canada. The new issue replaced the 50-cent denomination (logging operations in British Columbia) of the 1946 pictorial series.

Oil Development

A scene depicting two derricks, a sludge flare, and storage tanks among grain stubble. This scene is typical of oil fields in Alberta. In the background are the foothills of the Rocky Mountains.


Picture engraved by Silas Robert Allen. Designed by Herman Herbert Schwartz.

Similar Stamps


Patrick, Douglas and Mary Patrick. Canada's Postage Stamps. Toronto, McClelland and Stewart Limited, 1964, p. 90.

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