Two thousand and eleven was an interesting rather than good year in the books, maps, manuscripts and ephemera field. Median lot value made a three-year bottom in April, at $345 and has since steadily improved. This December the median result approached $380, still well down from the March 2008 high of $486 but now well off the low. This suggests a mild recovery.
These numbers are encouraging but only part of the story. Lot volume is also up suggesting an increasing role for auctions in clearing unsold material from individuals, dealers and institutions. The number of documented lots posted in 2011 was 244,840 of which 166,822 sold, both numbers new records. In 2010 218,017 lots were offered and 149,075 sold. Total turnover was $381 million, up from $336 million in 2010. A detailed analysis of auction results for 2011 will be published in the February issue of AE Monthly.
In the mean time we have updated the charts in the auction section of AE under the quick links. The first chart, “Trends in Book Auction Prices,” the twelve month moving average of Median Auction Prices confirms a continuing mild recovery. The second chart, Year to Year Change in 12 Month Moving Average expressed as change in the median selling price, by month, over the past 5 years, shows steady improvement over the past year. The “12 Month Moving Average of Sell Through Rate” suggests that, while volume and median price have fluctuated, the sell-through rate has remained steady at around 70%.
Given the magnitude of decline in GDP and rise in unemployment in America coupled with recession in Europe and national refinancing issues the trends look quite positive.
People in the embrace of old and rare books are not fair weather sailors. They buy in thick and thin.
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Botany.- Andrews (H.C.) Coloured Engravings of Heaths, 4 vol. in 2, first edition, [1710,--94]-1802-1809-[1830]. £10,000 - £15,000.
Forum, Mar. 25: Butterflies.- Cramer (Pierre) and Caspar Stoll. De Uitlandsche Kapellen voorkomende in de drie Waereld-Deelen…,, 5 vol., Amsterdam & Utrecht, 1779-91. £8,000 - £12,000.
Forum, Mar. 25: Voyages.- Darwin (Charles) and others. Narrative of the Surveying Voyages of His Majesty's Ships Adventure and Beagle, 3 vol. in 4, including Appendix to vol.2, first edition, 1839. £8,000 - £12,000.
Forum, Mar. 25: Butterflies.- de Graaf (Willem Diederik Vincent). [Inlandsche Kapellen in beeld], 170 fine original watercolours, [Enkhuizen], [1800-40]. £8,000 - £12,000.
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Birds.- Dresser (Henry Eeles). A History of the Birds of Europe, 9 vol., including supplement, first edition, by the author, 1871-96. £6,000 - £8,000.
Forum, Mar. 25: Zoology.- Felines.- Elliot (Daniel Giraud). A Monograph of the Felidæ or Family of the Cats, first edition, for the Subscribers, by the Author, [1878]-1883. £25,000 - £30,000.
Forum, Mar. 25: Birds.- Frisch (Johann Leonard). Vorstellung der Vögel Deutschlandes, 2 vol., first edition, Berlin, Friedr. Wilhelm Birnsteil, [1736]-1763. £40,000 - £60,000.
Forum, Mar. 25: Birds.- Gould (John). The Birds of Great Britain, 5 vol., first edition, by the author, 1862-1873. £30,000 - £40,000.
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Pomology.- France.- Poiteau (A.) Pomologie Française. Recueil des Plus Beaux Fruits cultivés en France, 4 vol., Paris, 1846. £30,000 - £40,000.
Forum, Mar. 25: Botany.- [Robin (Jean)]. Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,, 1620; with Geoffrey Linocier L'Histoire des plantes, second edition, 1619-20. £3,000 - £4,000.
Forum, Mar. 25: Asia.- Japan.- Siebold (P.F. von). Nippon. Archiv zur Beschreibung von Japan, 7 parts in 6 vol., first edition, Leyden, [1832]-1852. £35,000 - £45,000.
Forum, Mar. 25: Asia.- Valentijn (Francois). Oud en Nieuw Oost-Indiën..., 5 vol. in 8, first edition, Dordrecht [&] Amsterdam, 1724-26. £8,000 - £12,000.
Forum, Mar. 25: Botany.- Australia.- Redouté (P.J.).- Ventenat (Étienne Pierre). Jardin de la Malmaison, 2 vol.,, Paris, 1803-04[-05]. £30,000 - £40,000.
ALDE, Mar. 11: AUGUSTIN (Saint). De civitate Dei. Rome, Konrad Sweynheym et Arnold Pannartz, 1470. €20,000 - €30,000.
ALDE, Mar. 11: [REGNART (LE LIVRE DE)]. [Le] Docteur en malice, maistre Regnard, demonstrant les ruzes et cautelles qu'il use envers les personnes… Rouen, 1550. €20,000 - €30,000.
ALDE, Mar. 11: TRITHÈME (JEAN). Polygraphie et universelle escriture cabalistique. Paris, [Benoît Prévost pour] Jacques Kerver, 1561. €8,000 - €10,000.
ALDE, Mar. 11: CAUS (SALOMON DE). La Perspective, avec la raison des ombres et des miroirs. Londres, John Norton, 1612.
ALDE, Mar. 11: NICERON (JEAN-FRANÇOIS). La Perspective curieuse ou magie artificielle des effets merveilleux de l'optique. Paris, Pierre Billaine, 1638. €6,000 - €8,000.
ALDE, Mar. 11: VONTET (JACQUES). L’Art de trancher la viande et toute sorte de fruits… S.l.n.d. [probablement Lyon, vers 1647]. €20,000 - €30,000.
ALDE, Mar. 11: HUGO (VICTOR). [Paysage spectral avec une église], [vers 1837]. €20,000 - €30,000.
ALDE, Mar. 11: [HERVEY DE SAINT-DENYS (LÉON D')]. Les Rêves et les Moyens de les diriger. Observations pratiques. Paris, Amyot, 1867. €3,000 - €4,000.
ALDE, Mar. 11: GACHET (PAUL-FERDINAND). Les Chats de Gachet (Manuscrit). S.d. [avant mai 1873]. €6,000 - €8,000.
ALDE, Mar. 11: [REDON (ODILON)]. PICARD (EDMOND). Le Juré. Monodrame en cinq actes… Bruxelles, Mme veuve Monnom, 1887. €7,000 - €9,000.
ALDE, Mar. 11: [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. MONTORGUEIL (GEORGES). Le Café-concert. Paris, [1893]. €4,000 - €5,000.
ALDE, Mar. 11: [TERRY (EMILIO)]. Projet de fontaine. Dessin original au stylo et à l'encre noire. 1938. €2,000 - €3,000.
Chiswick Auctions Books & Works on Paper 12th March 2026
Chiswick, Mar. 12: Churchill: The World in Crisis. Inscribed in 4 vols. 1923-31. £18,000 - £22,000.
Chiswick, Mar. 12: Rowling. Harry Potter and the Philosopher's Stone. Inscribed. £6,000 to £8,000.
![<b>Forum, Mar. 25:</b> Botany.- [Robin (Jean)]. <i>Histoire des Plantes, nouv...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/9a2a2dbe-8edf-4091-9a08-800f7aba747e.jpg "<b>Forum, Mar. 25:</b> Botany.- [Robin (Jean)]. <i>Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,</i>, 1620; with Geoffrey Linocier <i>L'Histoire des plantes,</i> second edition, 1619-20. £3,000 - £4,000.")
![<b>ALDE, Mar. 11:</b> [REGNART (LE LIVRE DE)]. <i>[Le] Docteur en malice, mai...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/ddd3b34c-8abc-4eae-8474-6ea05406ccd0.jpg "<b>ALDE, Mar. 11:</b> [REGNART (LE LIVRE DE)]. <i>[Le] Docteur en malice, maistre Regnard, demonstrant les ruzes et cautelles qu'il use envers les personnes…</i> Rouen, 1550. €20,000 - €30,000.")
![<b>ALDE, Mar. 11:</b> HUGO (VICTOR). [Paysage spectral avec une église], [ver...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/dc734df9-0811-477f-919a-2563b8452855.jpg "<b>ALDE, Mar. 11:</b> HUGO (VICTOR). [Paysage spectral avec une église], [vers 1837]. €20,000 - €30,000.")
![<b>ALDE, Mar. 11:</b> [HERVEY DE SAINT-DENYS (LÉON D')]. <i>Les Rêves et les ...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/7e769889-43a5-495e-a931-c511da576c2b.jpg "<b>ALDE, Mar. 11:</b> [HERVEY DE SAINT-DENYS (LÉON D')]. <i>Les Rêves et les Moyens de les diriger. Observations pratiques.</i> Paris, Amyot, 1867. €3,000 - €4,000.")
![<b>ALDE, Mar. 11:</b> [REDON (ODILON)]. PICARD (EDMOND). <i>Le Juré. Monodram...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/b325eb41-450b-4bd6-851c-4125e04dfbe7.jpg "<b>ALDE, Mar. 11:</b> [REDON (ODILON)]. PICARD (EDMOND). <i>Le Juré. Monodrame en cinq actes…</i> Bruxelles, Mme veuve Monnom, 1887. €7,000 - €9,000.")
![<b>ALDE, Mar. 11:</b> [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. M...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/6588f3a0-90f2-464c-8125-a76866eabe85.jpg "<b>ALDE, Mar. 11:</b> [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. MONTORGUEIL (GEORGES). <i>Le Café-concert.</i> Paris, [1893]. €4,000 - €5,000.")
![<b>ALDE, Mar. 11:</b> [TERRY (EMILIO)]. <i>Projet de fontaine.</i> Dessin ori...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0840c8e4-4f35-4c95-b2d3-3d5addd6fd51.jpg "<b>ALDE, Mar. 11:</b> [TERRY (EMILIO)]. <i>Projet de fontaine.</i> Dessin original au stylo et à l'encre noire. 1938. €2,000 - €3,000.")
![<b>Chiswick, Mar. 12:</b> Gray [Artist.] India. Album 40 original drawings. 1...](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/004c032b-da4d-428e-811b-e5a8e80376a2.jpg "<b>Chiswick, Mar. 12:</b> Gray [Artist.] India. Album 40 original drawings. 1858 - 1862. £2,000 - £3,000.")
