The Cayman Islands’ 1932 Centenary stamp issue stands as a historical commemoration marking the centenary of the Assembly of Justices and Vestry. These iconic stamps are a collector’s treasure, not only for their visual appeal but also for their historical significance and rare varieties.
Historical Background
In 1932, the Cayman Islands issued a special series of stamps to celebrate the 100th anniversary of the Assembly of Justices and Vestry. This assembly was crucial in shaping the administrative and legislative framework of the islands, playing a significant role in local governance and justice.
The Stamp Series Design
The series was designed by Waterlow & Sons using the recess printing method. The stamps prominently feature dual portraits of King William IV and King George V, symbolizing the historical lineage of British rule and governance over the Cayman Islands.
The background showcases iconic elements relevant to the islands, enhancing the cultural significance of the issue.
Key Details of the Issue
- Date of Issue: 5 December 1932
- Watermark: Multiple Script CA
- Perforation: 12½
- Printing Process: Recess by Waterlow & Sons
Catalogue Details and Valuations
This remarkable stamp issue consisted of 12 distinct values, ranging from fractional penny denominations to higher values representing the significant currency of the era.
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¼d. brown – Standard design
- Catalogue Price: £1.50 (mint and used)
- Variety: ‘A’ of ‘CA’ missing from watermark – £1,500 (mint) / £1,800 (used)
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½d. green – Common but valued design
- Catalogue Price: £2.75 (mint) / £8.50 (used)
- Variety: ‘A’ of ‘CA’ reversed in watermark – £1,600 (mint)
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1d. scarlet – Rich color and common issue
- Catalogue Price: £2.75 (mint) / £10.00 (used)
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1½d. red-orange – Distinct for its vibrant tone
- Catalogue Price: £2.75 (mint) / £2.50 (used)
- Variety: ‘A’ of ‘CA’ missing from watermark – £1,800 (mint)
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2d. grey – Notable for its neutral hue
- Catalogue Price: £2.75 (mint) / £3.50 (used)
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2½d. ultramarine – Popular for its blue shade
- Catalogue Price: £2.75 (mint) / £1.50 (used)
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3d. olive-green – Earthy tone and balanced design
- Catalogue Price: £8.50 (mint) / £7.00 (used)
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6d. purple – A regal shade making it a collector’s favorite
- Catalogue Price: £14.00 (mint) / £25.00 (used)
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1s. black and brown – Contrasting tones and significant value
- Catalogue Price: £17.00 (mint) / £38.00 (used)
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2s. black and ultramarine – High denomination with distinct design
- Catalogue Price: £35.00 (mint) / £45.00 (used)
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5s. black and green – Sought after for its unique coloration
- Catalogue Price: £100.00 (mint) / £180.00 (used)
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10s. black and scarlet – The highest value in the set
- Catalogue Price: £350.00 (mint) / £450.00 (used)
Collectors’ Insights: Varieties and Errors
This set is particularly notable for its rare watermark varieties:
- ‘A’ of ‘CA’ Missing: Some stamps were printed with a missing ‘A’ in the ‘CA’ watermark, leading to rare varieties highly prized by collectors.
- ‘A’ of ‘CA’ Reversed: Another exceptional variety is where one ‘A’ in the watermark is reversed.
- Forgery Warning: There are known forgeries, especially concerning postmarks dated ‘DE 31 1932’. Authenticating postmarks is crucial for serious collectors.
Full Set Collectors’ Value
- Standard Set of 12: £500 (mint) / £750 (used)
- ‘Specimen’ Overprinted Set: £600
Philatelic Significance
This series is not only significant due to its historical commemoration but also for its stunning artistry and complex printing processes. The dual portraits and the classic design make it a staple for British colonial and Caribbean stamp collections.
Conclusion
The 1932 Cayman Islands Centenary stamp issue remains an essential reference for philatelists and historians alike. Each stamp reflects the colonial era’s heritage and carries rich historical importance.
Collectors who possess or seek these stamps are advised to verify watermarks and postmarks carefully due to known forgeries and valuable varieties.

Auction: 22021
- Cayman Islands
1932 Centenary of the Assembly of Justices and Vestry Die Proof
10/- in black and purple on gummed wove paper (46x32mm.), fine. An extremely rare proof of this ever-popular issue. Photo provenance: Howard Green, Richard Maisel, February 2007
Sold for £1,500