Auction Update Review

A1365e3b-4078-4748-8555-2bb2b457b02b

Americana Exchange: The tide is coming in


For the week ended Saturday January 25th 15 auctions were archived to the AED; 3 in euros, 4 in British pounds, and 8 in US dollars.  Turnover was $2,988,780 as 4,773 lots were offered and 3,619 sold for a 76% success rate. 

<- Sold for $912,500 today at Keno Auctions.  Manuscript document unsigned, Draft of "The Twelve Colonies by their Delegates in Congress to the Inhabitants of Great Britain" - July 1775 Philadelphia [not included in today's report as just past the deadline.  Will be included next week.] 

2 auctions saw total sales exceed 100% of the high estimates of all lots offered in the sale:

Christies. Michael Inchbald: A Legacy of Design - Prints on January 22nd: 204.44%
Artcurial. Aeronautics on January 19th: 100.72%


10 sales saw at least 80% of their lots sell:

Christies. Michael Inchbald: A Legacy of Design - Prints on January 22nd: 100.00%
Heritage Auctions. Comics - Internet bidstart 1/12 on January 19th: 99.64%
Dirk Soulis Auctions. Signed Prints on December 22nd: 96.08%
Heritage Auctions. Movie Posters - Internet Bidstart 1/12 on January 19th: 93.36%
OSENAT. Archeology: Gantner Museum Collection - Antiquarian Books on January 19th: 90.91%
Paige Auction. Prints on January 14th: 88.89%
Artcurial. Aeronautics on January 19th: 85.00%
Bruun Rasmussen. Modern and Contemporary Prints on January 21st: 83.33%
Christies. The Ski Sale - Posters on January 22nd: 82.97%
Christies. Christies Interiors - Prints on January 21st: 80.00%

For the week ahead 20 sales are scheduled:

Mon. Jan. 27th
Bruun Rasmussen. Copenhagen. Old Prints. 5 lots

Tue. Jan. 28th
Christies. New York. FRANCISCO JOSÉ DE GOYA Y LUCIENTES: GRAPHIC MASTERPIECES FROM A PRIVATE COLLECTION. 34 lots
Bruun Rasmussen. Copenhagen. Books and Manuscripts. 237 lots
Rossini. Paris. Prints, Photographs. 188 lots
Bearnes Hampton and Littlewood. Exeter. Antiques and Collectables -Books and Prints. 25 lots
Bruun Rasmussen. Copenhagen. Modern and Contemporary Prints. 57 lots

Wed. Jan. 29th
Dominic Winter Book Auctions. Gloucestershire. Printed Books, Maps and Historical Documents. 627 lots
Rupert Toovey and Co. West Sussex. Prints. 41 lots
Christies. New York. Renaissance - Durer Print. 2 lots
Doyle New York. New York. Prints. 14 lots
Bloomsbury Auctions. London. Interiors - Prints. 4 lots

Thu. Jan. 30th
AntiquarianAuctions.com. Laguna Beach. Rare Books - Internet bidstart 1/23. 386 lots
De Baecque and Associes. Lyon. Autographs and Documents. 204 lots
Heritage Auctions. Dallas. Rare Books - Internet bidstart 1/23. 311 lots
PBA Galleries. San Francisco. Beats and the Counterculture with other Fine Literature - Part 2. 387 lots
Keys Fine Arts Auctioneers. Norwich. Books - Day 1. 815 lots
Bloomsbury Auctions. London. Collectors Sale - Ephemera. 6 lots

Fri. Jan. 31st
Cowans Auctions. Cincinnati. William F. "Buffalo" Bill. 196 lots
Keys Fine Arts Auctioneers. Norwich. Books - Day 2. 202 lots

Sun. Feb. 2nd
Carlsen Gallery. Greenville, NY. Winter Sale - Prints. 8 lots

It's January but already it feels like April.

A few hours ago Leigh Keno, best known for antiques and the Antiques Road Show held a single lot sale of a letter attempting to forestall hostilities between the American colonies and England.  The letter, an important antifact was estimated $100,000 to $400,000, a smart way to say the reserve was low but the value high.  It was effective and the new owner agreed to pay $730,000 plus 25% hammer for an all-in cost of $912,500.  This is part of a trend that is seeing more auction houses confident to sell the very best material.  I believe that specialist auctions do better over all but the Keno outcome was pretty good.  If the buyer is a dealer or a dealer group that will tell us that they believe the actual value is much higher.

 

Bruce McKinney

The Americana Exchange 

 

 

  • <b>19th Century Shop.</b> KEY, FRANCIS SCOTT. <i>A Celebrated Patriotic Song, the Star Spangled Banner.</i> 1814.
    <b>19th Century Shop.</b> [COLUMBUS, CHRISTOPHER, Amerigo Vespucci ..] Bernardus Albingaunensis .. Dialogo nuperrime edito Genue in 1512.
    <b>19th Century Shop.</b> SHAKESPEARE, WILLIAM. <i>Comedies, Histories, and Tragedies. Published according to the true originall copies,</i> 1632.
    <b>19th Century Shop.</b> (WATKINS, TABER &c.). <i>An album of 32 photographs of the Yosemite and American West Various places</i>, c. 1890s
    <b>19th Century Shop.</b> (BATTLE OF CONCORD.) <i>Powder horn used by Minuteman Oliver Buttrick at the Battle of Concord</i>, April 19, 1775.
    <b>19th Century Shop.</b> (CIVIL WAR.) <i>An Extraordinary Confederate Photograph and Autograph Album of Dr. R. L. C. White</i>, 125 original mounted salt prints. 1859-61.
  • 20 Jul 2016, starts at 1pm EDT, NY
    <b>Bonhams Jul 20: </b> Full scale vintage <i>Sputnik-1</i> EMC/EMI Lab Model, with live transmitter. US$ 10,000-15,000
    <b>Bonhams Jul 20: </b> Flown SOYUZ-3 space navigation indicator with unflown on-ground transformer. <br>US$ 30,000-40,000
    <b>Bonhams Jul 20: </b> Flown on SOYUZ 9<br>An exhaustive manuscript on life in space. [Trans: On-Board Flight Journal for Spacecraft Soyuz-9, 1970]. US$ 6,000-9,000
    <b>Bonhams Jul 20: </b> SOYUZ 18? Flown Navigation Celestial Globe. Soyuz 18 lasted from May 24-July 26, 1975. US$ 30,000-40,000
    20 Jul 2016, starts at 1pm EDT, NY
    <b>Bonhams Jul 20: </b> Flown Space Suit from ISS Expidition 6. Worn by Flight Engineer Don Pettit on his dramitic return to earth. US$ 25,000-35,000
    <b>Bonhams Jul 20: </b> Original Gemini 133P Trainer Assembly Five Part Electrical System & Attitude Maneuver ... US$ 60,000-90,000
    <b>Bonhams Jul 20: </b> Lunar Rover Development. Collection of 11 vintage gelatin silver prints and 4 vintage NASA lithographs. <br>US$ 2,000-3,000.
    <b>Bonhams Jul 20: </b> Lunar Orbiter I. The first image of the earth as seen from the moon. Gelatin silver print. August 23, 1966. US$ 2,500-3,500
    20 Jul 2016, starts at 1pm EDT, NY
    <b>Bonhams Jul 20: </b> Michael Collins' Flown Crew-Signed Apollo 11 Emblem. One of the very few Armstrong signed mission artifacts. US$ 50,000-70,000
    <b>Bonhams Jul 20: </b> Flown Apollo 11 Navigational Chart. Taken to Lunar surface mapping the start of the <br>first manned lunar descent. <br>US$ 25,000-35,000
    <b>Bonhams Jul 20: </b> FFlown Apollo 11 Flight Plan Sheetmission Day One. Some of the first words and data values written by Neil Armstrong. US$ 18,000-25,000
    <b>Bonhams Jul 20: </b> Apollo 12 - Alan Bean in the Ocean of Storms. Signed and inscribed by Bean. <br>US$ 2,000-3,000
  • <b>Seth Kaller:</b> Leaves from<br>George Washington's Own Draft <br>of His first Inaugural Address. An Extraordinary Rarity!
    <b>Seth Kaller:</b> Declaration of Independence: Benjamin Tyler 1818 - First Print with Facsimile Signatures.
    <b>Seth Kaller:</b> Thomas Jefferson Signed Act of Contress Authorizing Alexander Hamilton to Complete Famous Portland Maine Lighthouse.
    <b>Seth Kaller:</b> Emanuel Leutze. Silk Flag Banner designed by Leutze, created by Tiffany & Co., and presented to Gen. John A. Dix, 1864.
    <b>Seth Kaller:</b> The "greatest of early American maps … a masterpiece" (Corcoran). Thomas Holme.
    <b>Seth Kaller:</b> Lincoln Summons His Cabinet for a Historic Meeting to Discuss Compensated Emancipation.
    <b>Seth Kaller:</b> Albert Einstein. Autograph Letter Signed. Einstein Counsels His Son ... Meaning of Life.
    <b>Seth Kaller:</b> Normal Rockwell. Painting/Drawing Signed. Rockwell's "Barbeshop Quartet", 1936.
    <b>Seth Kaller:</b> Frederick Douglass. Autograph Letter Signed to unknown correspondent. Washington, D.C.
    <b>Seth Kaller:</b> Harry Truman. Autograph Manuscript Notebook for Kansas City Law School Night Class.
    <b>Seth Kaller:</b> Robert E. Lee. Autograph Letter Signed, June 11, 1782. Hours after the Battle of Culpeper Court House, Lee Escapes Again.
    <b>Seth Kaller:</b> George Washington. Letter Signed, as Commander-in-Chief, Continental Army, to Elias Dayton, Headquarters, [Newburgh, N.Y.], June 11, 1782.
  • <b>Swann Auction Galleries Aug 3: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 3:</b><br>Henri de Toulouse-Lautrec,<br><i>The Chap Book</i>, 1896.<br>$20,000 to $30,000.
    <b>Swann Auction Galleries Aug 3:</b><br>Henri de Toulouse-Lautrec,<br><i>Troupe de Mlle Églantine</i>, 1896.<br>$20,000 to $30,000.
    <b>Swann Auction Galleries Aug 3:</b><br>Philippe Henri Noyer, <br><i>Limonade Brault</i>, 1938. <br>$4,000 to $6,000.
    <b>Swann Auction Galleries Aug 3:</b> <br><i>The Great Men of the World</i>,<br>designer unknown, circa 1945-46. <br>$7,000 to $10,000.
    <b>Swann Auction Galleries Aug 3: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 3:</b><br>James Montgomery Flagg,<br><i>Wake Up, America!</i>, 1917.<br>$4,000 to $6,000.
    <b>Swann Auction Galleries Aug 3:</b><br>Alfred F. Burke, <i>Share / Jewish <br>Relief Campaign</i>, circa 1915.<br>$3,000 to $4,000.
    <b>Swann Auction Galleries Aug 3:</b><br>Ludwig Hohlwein, <i>Marke Pkz / <br>Burger - Kehl & Co.</i>, circa 1911. <br>$8,000 to $12,000.
    <b>Swann Auction Galleries Aug 3:</b> <br>Gian Emilio Malerba,<i> E.A. Mele / Modo e Novita per Signora</i>, circa 1900. $7,000 to $10,000.