Auction Update Review
For the week ending Saturday August 10th five auctions were archived, 4 in US dollars and 1 in euros. As weeks go this was a quiet one. Total sales were $533,548 but the material was appealing. The Leslie Hindman sale in particular offered a primer in interesting collecting opportunities and managed, even in the high heat to sell 84% of their 452 lots for $430,528.
Of the five auctions only Bruun Rasmussen exceeded their total high estimate with their sale of Modern Prints on August 7th: 120%.
Three of the week’s sales sold at least 80% of their lots:
Heritage Auctions. Rare Books ending August 9th: 91%
Bruun Rasmussen. Modern Prints on August 7th: 85%
Leslie Hindman. Fine Books and Manuscripts on August 8th: 84%
The world is moving toward transparency and auctions are at the forefront of this information revolution.
For the week ahead 6 sales are scheduled:
Tuesday Aug. 14th Bruun Rasmussen: Ancient and Modern Prints . 61 lots
Rupert Toovey and Co. Photographs, Autographs, Ephemera . 69 lots
Wed. Aug. 15th Rupert Toovey and Co. Photographs, Autographs, Prints . 30 lots
Thurs. Aug. 16th Bloomsbury Auctions. Bibliophile . 477 lots
Heritage Auctions. Rare Books online bidding . 427 lots
PBA Galleries. Fine Golf Books and Memorabilia . 388 lots.
Auction history and the fresh flow of material at auction are converging and it makes for compelling reading.
August 11th, 2012