Auction Update Review
The Season Continues
For the week ending Saturday July
21st 11 auctions were archived to the AED: 2 in British pounds, 4 in US dollars and 5 in
Euros. Three thousand six hundred and
sixteen lots were offered and 2,660 lots sold for a 74% success rate. Turnover was barely a million dollars,
$1,076,683, and not bad at that. This is
a portion of summer that many have thought could not support books, manuscript,
maps and ephemera auctions. Both advocates
and naysayers are probably right but experience is coming down on the side of
those expanding the auction season into, and eventually, through summer,
eventually creating a single uninterrupted market that undulates but never stops.
Simply, there is too much to sell and
not enough time within the traditional 9 month season to sell it.
Three sales reached 100% of their aggregate high estimates:
Ferraton. Antiquarian and Modern Books on June 22nd: 122%
Dominic Winter Book Auctions. Old Master and Modern Prints on July 18th: 107%
Ferraton. Antiquarian and Modern Books, Day 2 on June
23rd: 103%
Given the difficulties of selling
into the deep summer its appropriate to mention the Freeman sale that almost
reached one hundred percent:
Freeman’s. Books on July 17th: 98%
No sales breached the one million
dollar level.
Four sales saw 80% or more of their
lots sell:
Freeman’s. Books on July 17th: 96%
Heritage Auctions. Rare Book internet sale ended July 19th: 94%
Ferraton. Antiquarian and Modern Books, Day 2, on June
23rd: 83%
Ferraton. Antiquarian and Modern Books, Day 1, on June
22nd: 81%
For the week ahead 16 sales are
scheduled:
Tuesday July 24th Heritage Auctions. Music and Entertainment Memorabilia ending
July 26th [7058]. 268 lots
Wed. July 25th Bonhams. The Olympic Games [19618]. 112 lots
Christie’s. Prints and Multiples [2574]. 338 lots
Dominic
Winter. Printed Books, Maps and
Documents [S332]. 625 lots
Heritage
Auctions. Vintage Movie Posters. Online bidding ending July 26th
[7060]. 1,314 lots
Thursday July 26th AntiquarianAuctions.com. Books ending July 26th [20]. 267 lots
Dominic
Winter. Part II: Medical Books, Pamphlets & Manuscript
[S331]. 367 lots
Heritage
Auctions. Vintage Comic and Comic Art
Signature [7063]. 2,637 lots
Heritage
Auctions. Rare Books internet auction
ending July 26th [201230].
405 lots
Keys
Fine Arts. Books [1015]. 649 lots
Leslie
Hindman. Prints [222]. 42 lots
Friday July 27th Heritage Auctions. Vintage Comic and Comic Art Signature
[7063]. 2,637 lots
Keys
Fine Arts. Books [1016]. 161 lots
Saturday July 28th Morton Casa de Subastas. Books, Documents and Prints [638]. 346 lots
Sunday July 29th Bonhams.
Period Art and Design [20031].
167 lots
National
Book Auctions. Books and Ephemera –
Photography, Fortune, Antique,… [07292012].
250 lots
With 16 sales upcoming this is a
busy week.
Bruce McKinney
AE
July 22nd, 2012