• <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> HOOKE, Robert (1635-1702). <i>Micrographia: Or Some Psychological Descriptions of Minute Bodies Made by Magnifying Glasses.</i> London: for James Allestry, 1667. $12,000 to $18,000.
    <b>Hindman, Nov. 9-10:</b> [THE FEDERALIST PAPERS]. -- [HAMILTON, Alexander, James MADISON and John JAY. <i>The Federalist: A Collection of Essays, Written in Favour of the New Constitution…</i> $40,000 to $60,000.
    <b>Hindman, Nov. 9-10:</b> FUCHS, Leonhart (1501-1566). <i>Histoire des Plantes de M. Leonhart Fuschsius, avec les noms Grecs, Latins & Fraçoys.</i> Paris: Arnold Byrkman, 1549. $2,000 to $3,000.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> AUDEBERT, Jean Baptiste (1759-1800). <i>Histoire naturelle des singes et des makis.</i> Paris: Desray, An XIII [1799-1800]. $10,000 to $15,000.
    <b>Hindman, Nov. 9-10:</b> [UNITED STATES CONTINENTAL CONGRESS]. <i>Journals of the Congress...</i>Volume I (Sept. 5, 1774-Jan. 1, 1776) through Volume XIII (November 1787-November 1788). $25,000 to $35,000.
    <b>Hindman, Nov. 9-10:</b> [UNITED STATES CONTINENTAL CONGRESS]. <i>The Journals of the Proceedings of Congress. Held at Philadelphia, from January to May, 1776.</i> $15,000 to $25,000.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> [TEXAS]. <i>Map of Bexar County, Texas.</i> San Antonio and Austin: Samuel Maverick & John H. Traynham, 1889. $1,500 to $2,500.
    <b>Hindman, Nov. 9-10:</b> GARDNER, Alexander (1821-1882). Imperial albumen Photograph. <i>Scenes in the Indian Country</i> [Fort Laramie]. $5,000 to $7,000.
    <b>Hindman, Nov. 9-10:</b> WILLIAMS, H. Noel. <i>Madame Recamier and her Friends.</i> London and New York: Harper & Brothers, 1906. $1,000 to $1,500.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> [MOSER, Barry, illustrator]. <i>The Holy Bible. Containing All the Books of the Old and New Testaments.</i> North Hatfield, MA and New York City: Pennyroyal Caxton Press, 1999. $8,000 to $12,000.
    <b>Hindman, Nov. 9-10:</b> [PRINTS]. MOSER, Barry. Alice in Her Sister’s Reverie. [1982]. 433 x 552 mm. Signed and captioned by Moser in pencil, designated artist’s proof (“ap”). $1,000 to $1,500.
    16 <b>Hindman, Nov. 9-10:</b> [MOSER, Barry, illustrator]. A group of 4 wood-engraved plates for the Pennyroyal Press edition <i>The Wonderful Wizard of Oz.</i> [West Hatfield, MA: Pennyroyal Press, 1985]. $600 to $800.
  • <b>Swann Auction Galleries Oct 28:</b> Pancho Villa, passport for a news correspondent covering the Mexican revolution, signed, 1914. $1,000 to $2,000.
    <b>Swann Auction Galleries Oct 28:</b> Nirvana’s <i>Nevermind,</i> CD insert signed & inscribed days after release by Cobain, inscribed by Novoselic, 1991. $40,000 to $60,000.
    <b>Swann Auction Galleries Oct 28:</b> Robert Indiana, <i>The Book of Love,</i> complete portfolio, artist’s proof set, 1997. $100,000 to $125,000.
    <b>Swann Auction Galleries Oct 28:</b> Marcel Vertés, Colette, <i>Chéri,</i> two volumes, deluxe edition, signed by the artist, Paris, 1929. $5,000 to $7,500.
    <b>Swann Auction Galleries Oct 28:</b> Virginia Woolf, <i>Orlando,</i> first trade edition, first impression, London, 1928. $1,200 to $1,800.
    <b>Swann Auction Galleries Oct 28:</b> Mark Twain, receipt for payment of the Mark Twain Public Library Tax, 1908. $10,000 to $15,000.
    <b>Swann Auction Galleries Oct 28:</b> Gustav Klimt, <i>Das Werk von Gustav Klimt,</i> portfolio, collotype plates, 1918. $15,000 to $20,000.
  • <center><b>The 19th Century Rare Book & Photograph Shop<br></b>Catalogue 190:<br>Magnificent Books & Photographs<br><b>Free on request</b>
    <b>19th Century Rare Book & Photograph Shop:</b> William Shakespeare. <i>The Second Folio</i> (1632).
    <b>19th Century Rare Book & Photograph Shop:</b> Abraham Lincoln. Autograph note on Black troops in the Union Army (1865).
    <b>19th Century Rare Book & Photograph Shop:</b> Neil Armstrong. The largest known U.S. flag flown to the Moon on Apollo 11 (1969).
    <b>19th Century Rare Book & Photograph Shop:</b> William Henry Fox Talbot. <i>The Pencil of Nature</i> (1844-1846) the first photo illustrated book.
    <b>19th Century Rare Book & Photograph Shop:</b> Albert Einstein. Letter on relativity and the speed of light (1951).
  • <center><b>Gonnelli Auction House<br>Books and Graphics<br>26th-29th of October 2021</b>
    <b>Gonnelli Auction 31, Oct. 28th- 29th:</b><br>Books from XV to XX Century
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Manuscripts and autographs
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Artist books
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Cars & more
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Magazines
    <b>Gonnelli Auction 31, Oct. 28th- 29th:</b><br>Books from XV to XX Century

Rare Book Monthly

Articles - August - 2019 Issue

Understanding a Consignment Agreement

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In my capacity as a private collector, I recently received a set of consignment documents from Christie’s and found increasing clarity as to their consignment rates after first misreading the document.

 

In my experience, there are three parties to an auction sale: the consignor, the auction house and the buyer.  Each party has responsibility for their part:

 

  1. The consignor to have clear title and willingness to consign,

 

  1. The auction house, to receive, photograph and describe, then market, sell and collect payment, then care for and later deliver the item to the new buyer or, if unsold, return to the consignor;

 

  1. The buyer, to pay the hammer price plus commissions.

 

This sounds straightforward.

 

In my experience the three parties are: consignor, auction house, and buyer but in the Christie’s term sheet “consignor” is replaced by “seller” and the term consignor not even used.   The agreement itself is clear as all responsibilities of the consignor are enumerated under Charges “for selling the property.”

 

I can’t speak for what consignors’ fees were previously, but now the highest commission charged for consignments with a hammer price equal or less than $15,000 is lower than most of their competitors at this value, even including smaller regional houses. The commission decreases as the hammer price increases.  However, this probably means that they will be even more selective as to what they agree to take. In other words, you can consign lower value material, subject to the specialists’ willingness to take it on, but the consignment fee percentage will be higher when the realized price is lower. 

 

The big difference compared to consigning last year is that Christie’s has eliminated their fee schedule, streamlining the consignment process.  They know that consignors have clamored for simplicity and now, for most sellers of books and manuscripts, the only costs are the seller’s commission and packing and shipping to and from a Christie’s saleroom.

  

When consigning, bring a fresh perspective.  Past is not prologue.  The rules and terms are always changing.  Selling at auction costs real money but works because, on the day appointed, much more often than not, the auction house finds buyers.

 

For those of you, and I am among them, who recently won lots at Christie’s there is also a graded list of buyer’s commissions that decline as higher levels of purchase are reached:

 

 

Rare Book Monthly

  • <b>Bonhams, Nov. 3:</b> STEVE JOBS REVEALS HIS SPIRITUAL SIDE. Autograph Letter to Tim Brown, 1974. $200,000 to $300,000.
    <b>Bonhams, Nov. 3:</b> DIDEROT, DENIS. 1713-1784; & JEAN LE ROND D'ALEMBERT. 1717-1783, EDITORS. <i>Encyclopedie, ou dictionnaire raisonne des sciences, des arts et des metiers.</i> $30,000 to $50,000.
    <b>Bonhams, Nov. 3:</b> Albert Einstein: Philosopher-Scientist. Evanston, Illinois: Library of Living Philosophers, 1949. $4,000 to $6,000.
    <b>Bonhams, Nov. 3:</b> APPLE MACINTOSH PROTOTYPE, 1982. Earliest known to appear at auction. $30,000 to $40,000.
    <b>Bonhams, Nov. 3:</b> TRINITY PROJECT: STAFFORD L. WARREN. $50,000 to $70,000.
    <b>Bonhams, Nov. 3:</b> JIMMY HARE PHOTOGRAPH OF WRIGHT FLYER SIGNED BY BOTH WRIGHT BROTHERS, 1908. $8,000 to $12,000.
    <b>Bonhams, Nov. 3:</b> HAGELIN CX-52 CIPHER MACHINE, Type D, Switzerland, Crypto AG, 1950s, no 33454. $5,000 to $7,000.
    <b>Bonhams, Nov. 3:</b> FEYNMAN WORKING ON QUARK THEORY. $10,000 to $15,000.
    <b>Bonhams, Nov. 3:</b> STEVE JOBS SETS THE STAGE FOR DESKTOP PUBLISHING. Signed document, 1982. $40,000 to $60,000.
    <b>Bonhams, Nov. 3:</b> MEMORYMOOG PLUS, THE CLASSIC ANALOG POLYSYNTH OF THE 1980S. $7,000 to $9,000.
    <b>Bonhams, Nov. 3:</b> WRIGHT BROTHERS: DAYTON 1909, <i>The Nation State and City Welcome the World's Greatest Aviators.</i> $12,000 to $18,000.
  • <center><b>Sotheby’s<br>The Ricky Jay Collection<br>October 27 & 28, 2021</b>
    <b>Sotheby’s, Oct. 27-28:</b> "Remarkable Persons". A remarkable collection of remarkable characters. $100,000 to $150,000.
    <b>Sotheby’s, Oct. 27-28:</b> Scot, Reginald. A serious debunking witchcraft and demonology. $50,000 to $70,000.
    <b>Sotheby’s, Oct. 27-28:</b> (Buchinger, Matthias). Buchinger's own family tree. $20,000 to $30,000.
    <b>Sotheby’s, Oct. 27-28:</b> Bibrowski, Stephan. Most likely reading A Midsummer Night's Dream. $2,500 to $3,500.
    <b>Sotheby’s, Oct. 27-28:</b> Kellar, Harry (Heinrich Keller). Kellar loses his head. $4,000 to $6,000.

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