Auction Update Review
For the week ending Saturday August 18th, 2012 six auctions were archived to the AED; 1 each in euros and British pounds and 4 in US dollars. One thousand five hundred and sixty-nine lots were offered and 1,283 sold for an 82% success rate. Turnover was $424,184 or 61% of the aggregate of the high estimates of all lots offered - $697,122. The material all summer has been interesting and this week has been no exception.
While the dollar volume has been light the percentage of lots sold has been robust. Of the six sales reported this week 4 reached 80% and the other two were not far behind. I list all six.
Heritage Auctions. Rare Books offered on the Internet ended August 16th: 91%
Clars Auction Gallery. Prints and Photographs Day II on August 12th: 84%
Bruun Rasmussen. Ancient and Modern Prints on August 14th: 84%
Bloomsbury Auctions. Bibliophile Sale on August 16th: 81%
PBA Galleries. Fine Gold Books and Memorabilia on August 16th: 76%
Clars Auction Gallery. Prints and Photographs Day I on August 11th: 72%
For the week ahead 4 sales are scheduled:
Wednesday August 22nd Eldred’s. Japanese Art . 107 lots
Eldred’s. Prints of Paul Jacoulet . 86 lots
Thursday August 23rd Heritage Auctions. Rare Books internet auction ending August 23rd . 401 lots
Sunday August 26th Bonhams. Prints . 24 lots
Enjoy the quiet. The fall will be busy.
August 19th, 2012