Auction Update Review
For the week ending Saturday January 5th, 2013 5 auctions were archived; I priced in euros and 4 priced in US dollars. One thousand three hundred and eighty-nine lots were offered and 1,291 sold for a 93% success rate. The dollar volume was light. In one respect these sales did excel, in percentage of lots sold. The number was 93%, a great performance for any single auction, a rare feat for five. Auctions exist to connect sellers and buyers at market determined prices. The focus for most consignors is on expensive material but the auctions’ other role is to clear stock. These sales cleared some shelves.
Total turnover was $139,760 or $108 a lot.
For the week ahead 8 sales are scheduled:
Monday Jan. 7th Bruun Rasmussen. Old Prints [1302a]. 4 lots
Tuesday Jan. 8th Bruun Rasmussen. Old Prints [1302b]. 52 lots
Thursday Jan. 10th PBA Galleries. Architecture . 183 lots
Heritage Auctions. Rare Books internet bidding ends today . 259 lots
Saturday Jan. 12th Hauff and Auvermann. Rare Books, Photography, and Art . 637 lots
Clars Auction Gallery. Fine Art Prints, Photographs and Works on Paper . 50 items
Sunday Jan. 13th Bonhams. Books and Prints . 80 lots
Auction Gallery. Fine Art Prints,
Photographs and Works on Paper . 50 lots
To review these archived sales click here.