Auction Update Review
The August Quiet
For the week ending Saturday August 3rd 11 auctions were archived to the AED; 8 in US dollars, 2 in British pounds, and I in euros. In what is supposed to be a quiet week $10,311,004 of material sold. Four thousand four hundred and nine lots were offered and 3,846 sold for an 87% success rate. Heritage had all the million dollar plus sales. The rules are changing.
Three sales saw their totals reach a million dollars:
Heritage [HA.com]. Vintage Comics and Comic Art on August 1st: $6,712,102
Heritage [HA.com]. Movie Posters on July 27th: $1,829,179
Heritage [HA.com]. Illustration Art on July 30th: $1,387,887
Four sales saw the sales totals exceed 100% of the total of the high estimates of all lots offered:
Heritage [HA.com]. Movie Posters on July 27th: 164%
Heritage [HA.com]. Illustration Art on July 30th: 157%
Bonhams. Prints on July 31st: 120%
Alain & Evelyne Morel de Westgaver. Books on June 29th: 114%
Heritage’s Vintage Comics and Comic Art, the biggest reported event this week was sold alfresco, that is, without estimates.
Eight of the reported sales saw at least 80% of their lots sell:
Carlsen Gallery. Prints on May 7th: 100%
Carlsen Gallery. Prints, Photographs on June 2nd: 100%
Heritage Auctions [HA.com]. Vintage Comics and Comic Art on August 1st: 100%
Heritage Auctions [HA.com]. Illustration Art on July 30th: 97%
Bonhams. Prints on July 31st: 96%
Heritage Auctions [HA.com]. Rare Books online bidding ended August 1st: 95%
Heritage Auctions [HA.com], Movie Posters on July 27th: 94%
Bonhams. Prints, Books on July 28th: 83%
For the week ahead 11 sales are scheduled:
Mon. Aug. 5
Bruun Rasmussen. Old Prints [1332a]. 3 lots
Tues. Aug. 6
Bruun Rasmussen. Modern Prints [1332b]. 42 lots
Rupert Toovey and Co. Photographs, Autographs, Printed and Manuscript Ephemera [1141]. 137 lots
Wed, Aug. 7
Leslie Hindman Auctioneers. Fine Books and Manuscripts [253]. 394 lots.
Rupert Toovey and Co. Prints [1147]. 61 lots
Swann Galleries. Vintage Posters [2321]. 438 lots
Thurs. Aug. 8
Heritage Auctions [HA.com]. Rare Books. Internet bidding ending today [201332]. 221 lots
PBA Galleries. Fine Books in all Fields [512]. 557 lots
Sat. Aug. 10
Clars Auction Gallery. Prints, Photographs [81013].
Heritage Auctions [HA.com]. Entertainment and Music Memorabilia [7081]. 326 lots
Sun. Aug. 11
Clars Auction Gallery. Prints, Photographs [81013].
We are in the quiet period of the year but the sales are continuing to be strong. It’s a different world.
AE