Auction Update Review

Nopreview

The World has just about stopped.

Two auctions archived this past week are BBs in the empty Mayonnaise jar. Rattling the jar their sound fills all the space but the scale is slight - more impression than substance. It is of course always quiet in August, though this August very quiet. This time of year the auction houses, their consignors and bidders, play a game of nerves so this eerie August quiet is familiar if unsettling. What to consign, when to consign, how to reserve, when to sell - these are all questions that are easier to answer when the market is firm or rising. These days the economy slumps and nevertheless auctions have to fill schedules. This makes negotiation tough. The world may avoid a profound slump but not all elements of the economy will fare so well. Works on paper, that feel logical and appealing to older generations, have yet to convince the current forty somethings in sufficient numbers that collecting on a grand scale will bring clarity and purpose to their lives. Great material, and lesser material in intense focus, will resonate with collectors but may take years for its siren calls to be heard. Once started great collectors rarely willingly stop, a sure sign that satisfaction once attained often becomes the very reason for being; the mantra - I live to collect. Certainly most collections begin as assemblages but many become complex models the collector uniquely understands. When these collections later return to the rooms, are sold to dealers or are gifted to institutions, one can only hope for a sympathetic interpretation. When such collections are great and the interpreters skillful such collections are welcomed in the marketplace.

The power of collecting is eternal but the mechanisms changing. The next generation of collectors will invariably be using the AED and other complex tools for historical perspective. In a month or so we'll begin to estimate both current value and probability of reappearance for much of what's listed in the Americana Exchange Database. These numbers will represent probabilities and provide insight into two of the three toughest questions a collector faces - what is it worth and how often is it available? The other question - does it fit into my collection is separately addressed. I believe the next generation will collect uniquely, use more tools, buy more widely and ultimately contribute new ideas. The tools exist. The opportunities are at hand.

So its quiet this week and perhaps just as well. The quiet will soon yield to more data, more complex analysis, more material, more catalogs and sales. The next year will prove to be a watershed and it is almost upon us.

Bruce McKinney
AE

  • <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>
  • <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.
    <b>Bonhams, inviting consignments for Sep 27:</b> Carlerius. <i>Sporta fragmentorum, Sportula fragmentorum</i>. Brussels, 1478-79.
    <b>Bonhams, inviting consignments for Sep 27:</b> Fridolin. <i>Der Schatzbehalter</i>. Nuremberg, 1491.
    <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.