AE has updated its “Trends in Book Auction Prices” providing evidence the muted recovery, as measured by median lot realizations, that took hold in March 2009 continues to find traction today. The median lot value in April was $369, up from the low of $350 made in April 2010 but far below the high of $482 achieved in March 2008. These results suggest the market will continue to recover at a modest rate for at least another year.
Some distortion in the numbers may be due to more material being diverted into the rooms. If a dealer’s sales are soft the ready option is always to send expendables into the rooms. Probably weighing down prices overall is the increasing volume of material on offer. This past April close to a hundred sales took place. Five years ago this was an unthinkable number.
At the same time the houses seem to be requiring lower reserves if not estimates. The business makes money north of 70% and the 12-Month Moving Average of Sell Through is now reflecting a 2% decline from the previous 70%. The rate of sale is probably the most crucial metric for a house in determining its strategy.
Within these statistics there is another story, the relationship between auction and dealer sales. We have no hard data on dealer sales but believe that auction hammer prices [to which auction commission must be added] are barely 50% of dealer retails before discounts.
Taken together, this is probably what the recovery in the rare book trade looks like in a world economy that takes its temperature every 24 hours and keeps asking “Am I okay?”
SD Scandinavian Art & Rare Book Auctions The Odfjell Collection Polar – History – Ornithology – Colour Plate Books Ending December 4th
Scandinavian Art & Rare Books Auctions, Dec. 4: ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.
Scandinavian Art & Rare Books Auctions, Dec. 4: AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!
Scandinavian Art & Rare Books Auctions, Dec. 4: ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.
Scandinavian Art & Rare Books Auctions, Dec. 4: ERNEST SHACKLETON: «The heart of the Antarctic» + SUPPLEMENT «The Antarctic Book», 1909.
Scandinavian Art & Rare Books Auctions, Dec. 4: SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.
SD Scandinavian Art & Rare Book Auctions The Odfjell Collection Polar – History – Ornithology – Colour Plate Books Ending December 4th
Scandinavian Art & Rare Books Auctions, Dec. 4: [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.
Scandinavian Art & Rare Books Auctions, Dec. 4: TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].
Scandinavian Art & Rare Books Auctions, Dec. 4: ELEAZAR ALBIN: «A natural History of Birds.» + «A Supplement», 1738-40. Wonderful coloured plates.
Scandinavian Art & Rare Books Auctions, Dec. 4: PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.
Scandinavian Art & Rare Books Auctions, Dec. 4: JAMES JOYCE: «Ulysses», 1922. FIRST EDITION IN ORIGINAL WRAPPERS.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 11: Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] Journal of the Proceedings of the Linnean Society, Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.
Sotheby’s, Dec. 11: J.K. Rowling. Harry Potter and the Philosopher's Stone, 1997, first edition, hardback issue, inscribed by the author pre-publication. £100,000 to £150,000.
Sotheby’s, Dec. 11: Wolfgang Amadeus Mozart. Autograph sketchleaf including a probable draft for the E flat Piano Quartet, K.493, 1786. £150,000 to £200,000.
Sotheby’s, Dec. 12: Hooke, Robert. Micrographia: or some Physiological Descriptions of Minute Bodies made by Magnifying Glasses. London: James Allestry for the Royal Society, 1667. $12,000 to $15,000.
Sotheby’s, Dec. 12: Chappuzeau, Samuel. The history of jewels, first edition in English. London: T.N. for Hobart Kemp, 1671. $12,000 to $18,000.
Sotheby’s, Dec. 12: Sowerby, James. Exotic Mineralogy, containing his most realistic mineral depictions, London: Benjamin Meredith, 1811, Arding and Merrett, 1817. $5,000 to $7,000.
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Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 156: Cornelis de Jode, Americae pars Borealis, double-page engraved map of North America, Antwerp, 1593.
Swann, Dec. 9: Lot 206: John and Alexander Walker, Map of the United States, London and Liverpool, 1827.
Swann, Dec. 9: Lot 223: Abraham Ortelius, Typus Orbis Terrarum, hand-colored double-page engraved world map, Antwerp, 1575.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 233: Aaron Arrowsmith, Chart of the World, oversize engraved map on 8 sheets, London, 1790 (circa 1800).
Swann, Dec. 9: Lot 239: Fielding Lucas, A General Atlas, 81 engraved maps and diagrams, Baltimore, 1823.
Swann, Dec. 9: Lot 240: Anthony Finley, A New American Atlas, 15 maps engraved by james hamilton young on 14 double-page sheets, Philadelphia, 1826.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 263: John Bachmann, Panorama of the Seat of War, portfolio of 4 double-page chromolithographed panoramic maps, New York, 1861.
Swann, Dec. 9: Lot 265: Sebastian Münster, Cosmographei, Basel: Sebastian Henricpetri, 1558.
Swann, Dec. 9: Lot 271: Abraham Ortelius, Epitome Theatri Orteliani, Antwerp: Johann Baptist Vrients, 1601.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 283: Joris van Spilbergen, Speculum Orientalis Occidentalisque Indiae, Leiden: Nicolaus van Geelkercken for Jodocus Hondius, 1619.
Swann, Dec. 9: Lot 285: Levinus Hulsius, Achtzehender Theil der Newen Welt, 14 engraved folding maps, Frankfurt: Johann Frederick Weiss, 1623.
Swann, Dec. 9: Lot 341: John James Audubon, Carolina Parrot, Plate 26, London, 1827.
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0a99416d-9c0f-4fa3-afdd-7532ca8a2b2c.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/a077b4a5-0477-4c47-9847-0158cf045843.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/6363a735-e622-4d0a-852e-07cef58eccbe.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/3ee16d5b-a2ec-4c03-aeb6-aa3fcfec3a5e.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/d5f50485-7faa-423f-af0c-803b964dd2ba.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/fb024365-7d7a-4510-9859-9d26b5c266cf.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/a7c0eda0-9d8b-43ac-a504-58923308d5a4.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.")
![<b>Sotheby’s, Dec. 11:</b> Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] <i>Journal of the Proceedings of the Linnean Society,</i> Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/00d5fd41-2542-4a80-b119-4886d4b9925f.png "<b>Sotheby’s, Dec. 11:</b> Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] <i>Journal of the Proceedings of the Linnean Society,</i> Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.")
