Rare Book Monthly

Articles - March - 2005 Issue

Energy in the Auction Rooms

Feba1

Bidders felt good at this sale. The value of their inventory was confirmed.


By Bruce McKinney

On February 10th, 16th and 18th interesting book auctions were held in New York at Swann, and in San Francisco by Dorothy Sloan and at John's Western Gallery. Both the Swann and Sloan sales did well while the Gilchriese presentation at John's found buying interest to be as narrow as the Gilchriese collecting focus: Wyatt Earp manuscript and memorabilia. At Swann the material was the remainder of a large Americana consignment and at Sloan it was actually two sales. The first was No. 14, Americana with an Emphasis on Borderlands, Texas, California, Mexico & Central America. The second, No. 15, was the Daniel G. Volkmann, Jr. collection of Californiana. In these sales a substantial portion of the lots sold: clear evidence of broad strength in the marketplace.

At Swann the material was mainly mid-market. It was a combination of lesser known items combined with better known material with occasional condition problems. The estimates were relatively low and almost everything sold. Of 358 lots 324 sold. There has been plenty of talk that the market for important, essentially perfect material is almost unlimited while the middle-market is less certain. At Swann's on the 10th there were plenty of buyers to bid and almost everything, at a price, sold. In the mid-market the variable isn't interest. It's price. The total hammer price was $227,460 and the average lot realization an affordable $702.

Susannah Carter's Frugal Housewife, or Complete Woman Cook brought $9,775 against an estimate of $3,000 to $4,000. The engraving on silk of the Declaration of Independence [1818] brought $21,850 against the estimate of $10,000 to $15,000. And for the person who purchased the 1753 Poor Richard's Almanack they won't need to wait for Poor Richard's predictions of book prices. Against an estimate of $7,000 to $10,000 it brought $19,550.

In the first Sloan sale [No. 14] there were 64 lots of which 48 sold at the auction. During the following two days several more were sold at the low estimate plus 15% commission. Several bidders, who left order bids that failed to win, later converted their unspent funds into purchases of unsold lots. Twelve lots sold at the low estimate and another 12 remain unsold but available. The average hammer price was $4,870.

Rare Book Monthly

  • <b>Announcing a new Books for Sale platform hosted by Biblio</b>
    <b>List your books simultaneously on Rare Book Hub and Biblio</b>
  • <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Exodus 10:10 to 16:15. Complete Biblical scroll sheet in Hebrew, a Torah scroll panel. Middle East, ca. 10th or 11th century.
    <b>19th Century Shop:</b> Copernicus Refuted. (Astronomy.). Scientific manuscript of a course of studies at Collège de la Trinité, Lyon. 1660s.
    <b>19th Century Shop:</b> Israel’s War of Independence and the Early Days of the IDF. 58 photographs presented to Israel Ber, IDF officer and later convicted spy.
    <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Early Unpublished Darwin letter on the races of man. Autograph Letter Signed [to Henry Denny]. Down, Kent, June 1, [1844].
    <b>19th Century Shop:</b> Classic Image of American Slavery. Kimball, M. H. <i>Emancipated Slaves</i>. New York: George Hanks, 1863.
    <b>19th Century Shop:</b> (Underground Railroad.) Scaggs, Isaac. Important Runaway Slave Poster: $500 Reward Ran away, or decoyed from the subscriber…
  • <b>Bonhams, inviting consignments for Sep 27:</b> Newton. <i>Philosophiae naturalis principia mathematica</i>. London, 1687.
    <b>Bonhams, inviting consignments for Sep 27:</b> Josephus. <i>De antiquitate Judaica.</i> Lubeck, 1475-76.
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    <b>Bonhams, inviting consignments for Sep 27:</b> Pinder. <i>Der beschlossen gart des rosenkrantz marie</i>. Nuremberg, 1505.
    <b>Bonhams, inviting consignments for Sep 27:</b> Isidorus Hispalensis. <i>Synonyma de Homine</i>. Nuremberg, 1470-71.
    <b>Bonhams, inviting consignments for Sep 27:</b> Durer. Sammelband including <i>Underweysung der messing</i>. Nuremberg, 1525-29.
  • <b>Swann Auction Galleries: Fall 2017 Auction Schedule</b>
    <b>Swann Auction Galleries Sep 19: 19th & 20th Century Prints & Drawings</b>
    <b>Swann Auction Galleries Sep 28: Printed & Manuscript Americana</b>
    <b>Swann Auction Galleries Oct 5: African-American Fine Art</b>
    <b>Swann Auction Galleries: Fall 2017 Auction Schedule</b>
    <b>Swann Auction Galleries Oct 17: Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries Oct 19:<br>Art & Storytelling: Photographs & Photobooks</b>
    <b>Swann Auction Galleries Oct 26: Rare & Important Travel Posters</b>
    <b>Swann Auction Galleries: Fall 2017 Auction Schedule</b>
    <b>Swann Auction Galleries Nov 2:<br>Old Master Through Modern Prints</b>
    <b>Swann Auction Galleries Nov 7: Autographs</b>
    <b>Swann Auction Galleries Nov 14: 19th & 20th Century Literature</b>
    <b>Swann Auction Galleries: Fall 2017 Auction Schedule</b>
    <b>Swann Auction Galleries Nov 16: Contemporary Art</b>
    <b>Swann Auction Galleries Dec 5:<br>Maps & Atlases, Natural History & Color Plate Books</b>
    <b>Swann Auction Galleries Dec 14: Illustration Art</b>

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