Rare Book Monthly

Articles - July - 2013 Issue

Heritage Adding Live Bidding to their Weekly Internet Book and Autograph Auctions

A recent Weekly Book Auction

The only constant in the old and rare book business these days is change and Heritage once again is changing the structure of their weekly book and autograph auctions to give bidders additional time to counter what has been a flurry of last second electronic bids placed via Bidnapper and other similar software.  Such software lets invisible bidders step in with a few seconds to go and walk off with bargains that would potentially have achieved higher realizations if other bidders were aware and had the opportunity to respond.

In Heritage’s revised format the final two hours of the sale will see each lot sold individually rather than having all lots close at the same time.  A theoretical lot 47 would open in the final session at the highest price archived to that point through active online bidding and then in the final live segment have one further opportunity to bid.

James Gannon, Director of Rare Books said about this change, “We are very excited about the prospects for this new live auction ending to our weekly Internet rare book and autograph auctions. It creates some level of excitement and anticipation that we think will be fun for our bidders and for our consignors to watch in real time.”

In trying to balance the demands of sellers and buyers Heritage has been innovative and original.  With their recent announcement of these changes it's clear they are continuing to innovate.

For the field it’s important.

Link to Heritage’s current Weekly Auction

Rare Book Monthly

  • Sotheby’s, July 11: Galileo, Document annotated and signed by Galileo, dated Padua, 1595. £500,000 to £700,000.
  • Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    18th July 2024
    Forum, July 18: Rowling (J.K.) Harry Potter and the Philosopher's Stone, first hardback edition, 1997. £40,000 to £60,000.
    Forum, July 18: Binding.- Lucian of Samosata Opuscula Erasmo Roterodamo interprete, first Aldine edition, Venice, Heirs of Aldus Manutius and A, 1516. £15,000 to £20,000.
    Forum, July 18: Bacon (Sir Francis). De Dignitate et Augmentis Scientiarum Libri IX, Pierre Gassendi's copy gifted him by Nicolas-Claude Fabri de Peiresc, Paris, Typis Petri Mettayer, 1624. £15,000 to £20,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    18th July 2024
    Forum, July 18: Shakespeare (William). The First Part of Henry the Fourth, with the Life and Death of Henry, Sirnamed Hot-Spurre…, Printed by Isaac Jaggard, and Ed. Blount, 1623. £15,000 to £20,000.
    Forum, July 18: Darwin (Charles). On the Origin of Species by Means of Natural Selection, third edition, presentation inscription 'From the Author' in a secretary's hand, John Murray, 1861. £15,000 to £20,000.
    Forum, July 18: Teague (Violet). Geraldine Rede. Night Fall in the Ti-Tree, first edition, Melbourne, Sign of the Rabbit, 1905; and another. £10,000 to £15,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    18th July 2024
    Forum, July 18: India.- Primrose (Gen. James Maurice). Collection of 24 original drawings from his time in India with the 43rd Regiment of Foot, circa 1855 to 1864. £10,000 to £15,000.
    Forum, July 18: Manet (Édouard). Trente Eaux-fortes originales, the complete portfolio, Paris, A. Stroelin, 1905. £8,000 to £12,000.
    Forum, July 18: Bible, English. [The Holy Bible], first edition of the King James Bible, the Great 'He' Bible, [Robert Barker], [1611]. £6,000 to £8,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    18th July 2024
    Forum, July 18: America.- Mathews (Alfred E.) Pencil Sketches of Montana, first edition, New York, Published by the Author, 1868. £6,000 to £8,000.
    Forum, July 18: Bawden (Edward). Original dust-jacket artwork for 'The Outsider' by Albert Camus, [c.1946]. £4,000 to £6,000.
    Forum, July 18: World.- Fries (Laurent). Tabula Nova Totius Orbis, woodcut map, [c.1541]. £3,000 to £5,000.

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