Auction Update Review

Nopreview

A Busy Spring becomes a Busy Summer

For the week ending Saturday June 9th, 2012 15 auctions were archived; 4 denominated in US dollars, 1 in British pounds and 10 in euros.  Ten thousand three hundred and thirteen lots were offered and 6,876 sold for a 67% success rate.  Total turnover was $4,553,276, sixty percent of the aggregate high estimate of all lots offered.  The spring marathon continues but there is a sense of shallow breathing.

 

One sale reached 100% of the total of their high lot estimates:

 

Bruun Rasmussen.  Books and Manuscripts on June 6th:  129%

 

No sales breached the one million dollar level.

 

Four sales sold at least 80% of their lots:

 

Heritage Auctions.  Rare Books Internet bidstart May 31st and ended June 7th:  98%

Bruun Rasmussen.  Books and Manuscripts on June2 6th:  93%

Swann Galleries.  Maps & Atlases, Natural History & Historical Prints, and Ephemera on June 7th:  88%

Artcurial Briest-Le Fur-Poulain-F. Tajan.  Prints and Illustrated Books on June 1st:  85%

 

The market is healthy but the mood somewhat somber.  Spain is preparing to step back from the brink of default with a 100 billion euro package from the EU, the Greeks are casting ballots on Tuesday in what is widely viewed as a second referendum on EU participation, and the Chinese government this past week lowered bank rates to stimulate economic activity.  Meanwhile the failure of the recall vote in Wisconsin has people wondering about the benefits of tea.  It turns out that auction sales of books, maps, manuscripts and ephemera are altogether a trailing indicator and they are walking close behind elephants that recently had a hearty meal.

 

For the week ahead 21 sales are scheduled:

 

Monday June 11th Kiefer – Buch- und Kunstauktionen.  Books and Graphics [81].  4,868 lots

 

Tuesday June 12th    Bonhams.  Books, Maps, Manuscripts and Historical Photos [20137].  164 lots

                                    Christie’s.  Masterworks of Italian Photography 1945-1975 from the Collection of Paolo Morello [4225].
  150 lots

                                    Kiefer – Buch- und Kunstauktionen.  Books and Graphics continuing [81].  4,868 lots

 

Wed. June 13th         Christie’s.  Books [5334].  219 lots

                                      Kiefer – Buch- und Kunstauktionen.  Books and Graphics continuing [81].  4,868 lots

                                    Rupert Toovey and Co.  Prints [1047].  9 lots

 

Thurs.  June 14th      Ader.  Letters and Manuscripts, Autographs, Collection of E. H. and diverses [18348].  328 items

                                    AntiquarianAuctions.com.  Books – internet bidstart 6-7 [19].

                                    Bloomsbury Auctions.  Books and Manuscripts [35931].  728 lots

                                    Gonnelli Casa d’ Aste.  Prints [483].                                         

                                    Heritage Auctions.  Rare Books – internet bidstart 6-8 [201224]

                                    Kiefer – Buch- und Kunstauktionen.  Books and Graphics continuing [81].  4,868 lots

                                    Swann Galleries.  American Art / Contemporary Art [2281].  282 items

 

Friday June 15th        Gonnelli Casa d’ Aste.  Photographs [487].

                                    Sotheby’s.  Fine Books and Manuscripts [NO8864].  195 lots

                                    The Romantic Agony.  Books [48a].  593 lots

 

Saturday June 16th   Clars Auction Gallery.  Art and German Literature Books [61612]

                                    The Romantic Agony.  Books [48b]

 

Sunday June 17th     Bonhams.  Period Art and Design [20110]

                                    Clars Auction Gallery.  Art and German Literature Books continuing [61612].

 

Sailing deeper into summer the sales continue unabated.  Every year, for the next ten, the volume of lots will increase.  This summer seems unusual but it simply reflects the new normal.

 

Bruce McKinney

AE

June 10th, 2012

  • <b>19th Century Shop:</b> Charles Darwin on sexuality and the transmission of hereditary characteristics: Autograph Letter Signed to Lawson Tait. Down, 17 January [1877].
    <b>19th Century Shop:</b> MILTON, JOHN. <i>Paradise Lost. A Poem written in ten books.</i> London: 1667. A very rare example with the contemporary binding untouched and with a 1667 title page.
    <b>19th Century Shop:</b> Hamilton secures the ratification of the Constitution: <i>The Debates and Proceedings of the Convention of the State of New-York, assembled at Poughkeespsie, on the 17th June, 1788.</i>
    <b>19th Century Shop:</b> The social contract “Man is born free, and everywhere he is in chains”: ROUSSEAU, JEAN-JACQUES. <i>Principes du Droit Politique [Du Contract Social]</i>. Amsterdam: Michel Rey, 1762
    <b>19th Century Shop:</b> “The first English textbook on geometrical land-measurement and surveying”: BENESE, RICHARD. <i>This Boke Sheweth the Maner of Measurynge All Maner of Lande…</i>
  • <b>Swann Auction Galleries Mar 8:<br>Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries Mar 8:</b> Caius Julius Hyginus, <i>Poeticon Astronomicon,</i> first illustrated edition, Venice, 1482. $15,000 to $20,000.
    <b>Swann Auction Galleries Mar 8:</b> Giovanni Botero, <i>Le Relationi Universali... divise in Sette Parti</i>, Venice, 1618. $3,000 to $5,000.
    <b>Swann Auction Galleries Mar 8:</b> <i>L'Escole des Filles</i>, likely third edition of the first work of pornographic fiction in French, 1676. $8,000 to $12,000.
    <b>Swann Auction Galleries Mar 8:<br>Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries Mar 8:</b> Illuminated Book of Hours in Latin on vellum, Flanders, early 16th century. $6,000 to $9,000.
    <b>Swann Auction Galleries Mar 8:</b> Johannes Regiomontanus, <i>Calendarium,</i> Venice, 1485. $8,000 to $12,000.
    <b>Swann Auction Galleries Mar 8:</b> Pedro de Medina, <i>Libro d[e] gra[n]dezas y cosas memorables de España,</i> Alcalá de Henares, 1566. $3,000 to $5,000.
    <b>Swann Auction Galleries Mar 8:<br>Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries Mar 8:</b><br>Luis de Lucena, <i>Arte de Ajedres,</i> Salamanca, circa 1496-97. $10,000 to $15,000.
    <b>Swann Auction Galleries Mar 8:</b> Andrés Serrano, <i>Los Siete Principes de los Ángeles, válidos de Rey del Cielo,</i> Spain, 1707. $800 to $1,200.
    <b>Swann Auction Galleries Mar 8:</b> Johannes de Sacrobosco, <i>Sphaera mundi,</i> first illustrated edition, Venice, 1478. $15,000 to $20,000.
  • <b>Bonhams, Feb. 11:</b> A Rare 3-rotor German Enigma I Enciphering Machine. $70,000 to $90,000
    <b>Bonhams, Feb. 11:</b> Important collection of correspondence between Werner Heisenberg and Bruno Rossi. $40,000 to $60,000
    <b>Bonhams, Feb. 11:</b> Walt Whitman Autograph manuscript containing his thoughts on death. $20,000 to $30,000
    <b>Bonhams, Feb. 11:</b> David Roberts. <i>Holy Land</i>. Six volumes. 1842-1849. First edition. $15,000 to $25,000
    <b>Bonhams, Feb. 11:</b> Extensive collection of Ray Bradbury's primary works, most signed or inscribed. $15,000 to $20,000
    <b>Bonhams, Feb. 11:</b> Peter Force. Declaration of Independence. $12,000 to $18,000
    <b>Bonhams, Feb. 11:</b> Steinbeck. <i>Grapes of Wrath</i>. A fine copy of the first edition. $10,000 to $15,000
    <b>Bonhams, Feb. 11:</b> Lewis & Clark. <i>Travels to the Source of the Missouri River</i>... First English edition, extra-illustrated. 1814. $10,000 to 15,000
    <b>Bonhams, Feb. 11:</b> Manuscript document signed by Nuno de Guzman relating to Hernan Cortes, 1528. $8,000 to $12,000
    <b>Bonhams, Feb. 11:</b> “Nos los inquisidores..." The first book in English printed West of the Mississippi. [1787]. $5,000 to $8,000.