• Swann
    Printed & Manuscript Americana
    November 20, 2025
    Swann, Nov. 20: Lot 9
    George Catlin. O-Kee-Pa: A Religious Ceremony; and other Customs of the Mandans. London, 1867.
    Swann, Nov. 20: Lot 17
    Benjamin Beal, Unpublished diary of a lieutenant serving in the Invasion of Quebec, 1776.
    Swann, Nov. 20: Lot 23
    George Washington, Autograph Letter Signed anticipating the coming British campaign against Philadelphia, 1777.
    Swann
    Printed & Manuscript Americana
    November 20, 2025
    Swann, Nov. 20: Lot 35
    Matthias C. Sprengel, Allgemeines historisches Taschenbuch, the first published appearance of the American flag, [1784].
    Swann, Nov. 20: Lot 120
    Portfolio of lithograph Civil War portraits by Ehrgott, Forbriger & Co. and others. Cincinnati, OH, circa 1863.
    Swann, Nov. 20: Lot 130
    Eleazar Huntington, engraver. Early broadside engraving of the Declaration of Independence, circa 1820-24.
    Swann
    Printed & Manuscript Americana
    November 20, 2025
    Swann, Nov. 20: Lot 175
    Jeremiah B. Taylor, Letterbook of a frontier Baptist missionary in Kansas with tales of friendly Indians and unfriendly Confederate raiders, 1839-1887.
    Swann, Nov. 20: Lot 188
    Jonas Rishel, The Indian Physician, Containing a New System of Practice, Founded on Medical Plants, 1828.
    Swann, Nov. 20: Lot 201
    Brigham Young and the First Presidency of the LDS, Commission issued to two Church representatives, 1849.
    Swann
    Printed & Manuscript Americana
    November 20, 2025
    Swann, Nov. 20: Lot 293
    Kuonraden's Vart (Kuonrad's Travels), an illustrated western travel memoir set to verse, circa 1914.
    Swann, Nov. 20: Lot 311
    Hermann Stieffel, Early watercolor view of the ruins of a Spanish mission in the Manzano Grant. Manzano, NM, circa 1860-67.
    Swann, Nov. 20: Lot 343
    Vida de San Felipe de Jesus, protomartir del Japon, y patron de su patria Mexico.
  • University Archives
    Rare Autographs, Manuscripts & Books
    Now through Nov. 19
    University Archives, Nov. 19:
    Lot 308 - Bob Dylan Handwritten & Signed Lyrics to "Just Like a Woman" With Jeff Rosen & JSA Authentication
    University Archives, Nov. 19:
    Lot 455 - Isaac Newton Admiration For Judaism & Moral Continuity With Christianity! 350+ Words in his Hand - Extraordinary Content!
    University Archives, Nov. 19:
    Lot 219 - 371g Moon Meteorite, Incredible Find - Laâyoune 002
    University Archives
    Rare Autographs, Manuscripts & Books
    Now through Nov. 19
    University Archives, Nov. 19:
    Lot 448 - Scarce Einstein AM on Unified Field Theory, 180+ Words & 11 Equations in His Hand! From His Published Article, "A Generalization of the Relativistic Theory of Gravitation"
    University Archives, Nov. 19:
    Lot 159 - Woodrow Wilson Baseball Signed for WWI Red Cross Fundraiser, Ex. Forbes & PSA Authentic - Finest Known!
    University Archives, Nov. 19:
    Lot 84 - Lee Harvey Oswald ALS to Brother, Trying Desperately to Get out of Russia! Highly Important
    University Archives
    Rare Autographs, Manuscripts & Books
    Now through Nov. 19
    University Archives, Nov. 19:
    Lot 152 - George Washington Signed Discharge for MA Soldier Whose Regiment Was at Bunker Hill!
    University Archives, Nov. 19:
    Lot 88 - Abraham Lincoln Fully Signed Military Appointment for Mexican War Vet & Respected Cavalryman
    University Archives, Nov. 19:
    Lot 188 - Apollo XI Astronauts & Their Wives Signed Photo, Plus Crew Signed Cover, From Apollo XI Presidential Goodwill Tour Era, Pre-Cert Zarelli
    University Archives
    Rare Autographs, Manuscripts & Books
    Now through Nov. 19
    University Archives, Nov. 19:
    Lot 265 - Martin Luther King, Jr. TLS Re: "Stride Toward Freedom" Film Rights To Literary Agent Marie Rodell
    University Archives, Nov. 19:
    Lot 324 - John Lennon Signed Apple Records Check, PSA GEM MT 10! Possibly Finest Known
    University Archives, Nov. 19:
    Lot 79 - John & Jacqueline Kennedy Signed WH 1963 Christmas Gift Inscribed to Close Friend Joan Braden, PSA Authentic
  • Rare Book Hub is now mobile-friendly!
  • Ketterer Rare Books
    Auction November 24th
    Ketterer, Nov. 24: M. Waldseemüller, Ptolemaeus auctus restitutus, 1520. Est: € 250,000
    Ketterer, Nov. 24: I. Newton, Philosophiae naturalis principia mathematica, 1687. Est: € 100,000
    Ketterer, Nov. 24: L. Feininger, Collection of 33 comic strips, 1906-1907. Est: € 8,000
    Ketterer Rare Books
    Auction November 24th
    Ketterer, Nov. 24:H. Schedel, Liber chronicarum, 1493. Est: € 30,000
    Ketterer, Nov. 24: K. Bodmer, Personal Sketchbook with ca. 80 pencil drawings. Est: € 25,000
    Ketterer, Nov. 24: Collection of 18 postcards “Bauhaus-Ausstellung Weimar 1923.“ Est: € 40,000
    Ketterer Rare Books
    Auction November 24th
    Ketterer, Nov. 24: Latin Book of hours on vellum, 1505. Est: € 12,000
    Ketterer, Nov. 24: G. Shaw & F. P. Nodder, Vivarium naturae, 1789-1813. Est: € 10,000
    Ketterer, Nov. 24: Antoine de Saint-Exupéry, The Little Prince, 1943. First American edition. Est: € 6,000
    Ketterer Rare Books
    Auction November 24th
    Ketterer, Nov. 24: Ibn Butlan, Tacuini sanitatis, 1531. Est: € 8,000
    Ketterer, Nov. 24: Hermann Hesse, Casa Camuzzi in Montagnola, 1927. Est: € 12,000
    Ketterer, Nov. 24: Pop Art portfolio Reality & Paradoxes, 1973. Est: € 12,000

Rare Book Monthly

Articles - February - 2011 Issue

Auction Trends Updated:  Reality

Declining prices have begun to stabilize

Declining prices have begun to stabilize

A week ago we updated the auction trend charts.  They tell an interesting story:

Auction Trends Charts

December is almost always a positive month for book auctions.  The best material often comes out in the fourth quarter and it’s bound to achieve high prices even if the outcomes are less than some consignors hope. The median price increased $20 from the October low of $342 but was still well below the $378 median a year earlier.  As the 12 Month Moving Average of Median Auction Prices chart shows auction realizations are still caught in the downward trend that dates from February 2008.

The change in Year to Year Change in 12 Month Moving Average however also suggests that the downward trend is leveling out as the difference in year to year comparisons by month is moving back to zero.  Before the chart can go positive it has to first escape negative year-to-year comparisons.  This aspect looks better although these year-to-year comparisons are getting easier because last year was a weak year.  This year’s comparison is still negative but approaching “net no change.”

The sell-through rate remains mired at 68%, an unhealthy level that’s about 7% below the average of the past ten years.  This suggests that reserves and buyer willingness to bid are probably about 10% apart.  Said another way the minimum prices buyers are willing to pay are, on average, about 10% below current low estimates.  Consignors would do well to listen carefully to their auction houses if they suggest lower reserves.  Sending something into the rooms means the consignor wants to sell.  Not selling in 2011 and trying again next year doesn’t appear, based on the trends, to be a moneymaking strategy.  Too much material is in the wings.  The selling venues are going to get crowded.



Posted On: 2011-02-03 00:00
User Name: manta

apart from rare items that tend to set their own prices most hi end and general stock are completely over priced by most dealers with a few (succes


Rare Book Monthly

  • Sotheby’s
    Book Week
    November & December
    Sotheby’s, Nov. 6-20: Audebert, Jean-Baptiste — Louis-Pierre Vieillot. Oiseaux dorés ou à reflets métalliques, Paris, 1801-1802. €40,000 to €60,000.
    Sotheby’s, Nov. 6-20: [Hugo, Victor] — Charles Hugo, François-Victor Hugo ou Auguste Vacquerie. Portrait de Victor Hugo. Daguerréotype réalisé à Jersey vers 1852-1853. €20,000 to €30,000.
    Sotheby’s, Nov. 6-20: Orbigny, Alcide d'. Voyage dans l'Amérique méridionale... Paris, Pitois-Levrault et Cie et Strasbourg, Levrault, 1834-1847. €10,000 to €15,000.
    Sotheby’s, Nov. 6-20: Chelidonius, Benedictus. Passio Jesu Chriti. [1526?]. Maroquin bleu de Niédrée. 37 bois inspirés par Dürer. €3,000 to €5,000.
    Sotheby’s, Nov. 6-20: Cassini de Thury, César-François. Carte générale de la France faite en 1744. Paris, 1756-1788. 178 cartes entoilées, réunies dans 28 emboîtages. €15,000 to €20,000.
  • Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
    Doyle
    Rare Books, Autographs & Maps
    November 25
  • Pandolfini Casa d’Aste
    Books, Manuscripts, Autographs and Prints
    18 November 2025
    Pandolfini, Nov. 18: Dante. De la volgare eloquenzia. Vicenza, Janiculo, 1529. € 1.500 / 2.000
    Pandolfini, Nov. 18: San Tommaso d’Aquino. Scriptum secundum luculentissimum angelico. Legato con Problemata. Lione, Jacques Myt e Francesco Giunta, 1520. € 2.500 / €3.500
    Pandolfini, Nov. 18: Palladio, Andrea. I quattro libri dell'architettura. Venezia, de' Franceschi, 1570. € 13.000 / 15.000
    Pandolfini Casa d’Aste
    Books, Manuscripts, Autographs and Prints
    18 November 2025
    Pandolfini, Nov. 18: De Saint Amant, Pierre Charles. Voyages en Californie et dans l'Orégon. Parigi, Maison, 1854. € 400 / 500
    Pandolfini, Nov. 18: Description de l’Égypte, ou Recueil des observations et des recherches qui ont été faites en Égypte pendant l’expédition de l’armée française. Parigi, 1820-1829. € 35.000 / 40.000
    Pandolfini, Nov. 18: Allioni, Carlo. Flora Pedemontana sive enumeratio methodica stirpium indigenarum Pedemontii. Torino, Briolo, 1785. € 6.000 / 8.000
    Pandolfini Casa d’Aste
    Books, Manuscripts, Autographs and Prints
    18 November 2025
    Pandolfini, Nov. 18: First edition of John Gould's first work with uncolored backgrounds. € 5.000 / 7.000
    Pandolfini, Nov. 18: Rossini, Luigi. Le Antichità dei contorni di Roma. Roma, presso l'autore e Scudellari, 1824-26. € 2.500 / 3.500
    Pandolfini, Nov. 18: Carroll, Lewis. Alice's Adventures in Wonderland. New York, Appleton & Co., 1866. € 6.000 / 8.000
    Pandolfini Casa d’Aste
    Books, Manuscripts, Autographs and Prints
    18 November 2025
    Pandolfini, Nov. 18: Hitler, Adolf. Mein Kampf. Monaco, Franz Eher, 1925-27. € 15.000 / 20.000
    Pandolfini, Nov. 18: Interesting autograph from Proust to his dear little Daudet. € 3.000 / 4.000
    Pandolfini, Nov. 18: Beautiful and rare poetic manuscript, first draft, of an airy lightness by De Saint-Exupéry. € 4.000 / 5.000

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