If you were pleased with the results of sales in the books and paper field at auction in 2021, you should be happy with those for 2022 as well. It was almost a carbon copy. When we reported these results last year, there had been a large increase in the median price and the number of lots offered. Prices had gained by 8.8%, lots offered by 22%. This time, the price increase was under 1% while the number lots offered declined slightly, by 1.6%. Since the previous year had smashed all records for prices and lots offered, 2022 was another very good year from a historical perspective.
The sell through rate also declined slightly, from 82% to 81%. This, too, is a high number by historical standards.
When all is added up, the total sales revenue came to $1.057 billion. That was $100 million less than in 2021. That shortfall mainly came from a few very high priced items. Almost half was attributed to the single $43 million sale of a first printing of the U. S. Constitution in 2021.
Interestingly, median sales prices declined during the first half of 2022. By summer, they were down 3%. However, prices rallied in the fall, leading to the small increase for the year. It will be interesting to see if the rising momentum continues into 2023.
For the second year in a row, over 50% of lots sold for over the high estimate, repeating 2021's 51%. That was the first year over 50% since we have been tracking results. Only 15% sold under the low estimate, though 19% did not sell at all. That leaves 16% that sold within the estimated range or had none.
The fourth quarter is usually the busiest of the year. It was busy again in 2022, with 28.3% of the lots offered from October through December, but it was not the busiest. The second quarter exceeded it for only the second time since we have been tracking sales with 29.0% of lots offered. Next came the first quarter with 22.0% while the slowest was the third quarter with 20.7% The reason the third quarter was so slow was August, which accounted for only 4.7% of the lots offered. On the other end, May was busiest with 11.3% of lots.
The highest average order for houses with at least 100 lots sold in the field was Christie's London South Kensington at $41,350. Close behind was Sotheby's New York at $40,222. They were followed by Christie's New York – $33,464, Arader Galleries - $21,981, Sotheby's London - $21,230, Christie's London King Street - $20,941, Freeman's - $17,973, Bonhams Los Angeles - $15,496, Sotheby's Paris - $15,415, Sotheby's Cologne - $13,515, Christie's Paris - $10,245, Aguttes - $9,060, and Bonhams New York $8,454. At the other end, for those on a more limited budget, there were the Mennonite Life auctions at $43, EV Stamps (with numerous comic books) - $50, Purcell Auctioneers - $98, One Source Auctions $100, William H. Bunch Auctions - $101, Keys Fine Arts - $104, and Sydney Rare Book Auctions - $115. There is something for everyone's budget.
As for volume of lots offered, no one is even close to the number from Heritage Auctions of Dallas. They offered 211,073 lots in the field and sold 207,000 of them, 98%. Next came Catawiki with 15,982, Kiefer Buch – 15,683, RR Auction - 13,817, PBA Galleries – 12,624, Forum – 11,053, Trillium – 10,600, Vermot de Pas – 10,000, Bubb Kuyper 9,887, and Holabird Kagin Americana - $9,315.
At the high end, 3% of all lots sold for over $10,000, while at the low end, 18% sold for under $100.
Jeschke Jádi Rare Book Auction 155 Saturday April 26, 2025
Jeschke Jádi, Apr. 26: Lot 962. Baird. United States Exploring Expedition. Philadelphia 1858.
Jeschke Jádi, Apr. 26: Lot 772. Edith Holland Norton. Brazilian Flowers. Coombe Croft 1893.
Jeschke Jádi, Apr. 26: Lot 49. Petrarca. Das Gluecksbuch, Augsburg 1536.
Jeschke Jádi Rare Book Auction 155 Saturday April 26, 2025
Jeschke Jádi, Apr. 26: Lot 1496. Jacob / Picasso. Chronique des Temps, 1956.
Jeschke Jádi, Apr. 26: Lot 8. Augustinus. De moribus ecclesie. Cologne 1480.
Jeschke Jádi, Apr. 26: Lot 17. Heures a lusaige de Noyon. Paris 1504.
Jeschke Jádi Rare Book Auction 155 Saturday April 26, 2025
Jeschke Jádi, Apr. 26: Lot 13. Schedel. Buch der Chronicken. Nürnberg 1493.
Jeschke Jádi, Apr. 26: Lot 957. Donovan. Insects of China. London 1798.
Jeschke Jádi, Apr. 26: Lot 123. A holy martyr. Tuscany, Florence, mid-14th century.
Jeschke Jádi Rare Book Auction 155 Saturday April 26, 2025
Jeschke Jádi, Apr. 26: Lot 438. Dante. La Divine Comédie. Paris 1963.
Jeschke Jádi, Apr. 26: Lot 602. Firdausi. Histoire de Minoutchehr. Paris 1919
Jeschke Jádi, Apr. 26: Lot 994. Westwood. Oriental Entomology. London 1848.
Sotheby's Sell Your Fine Books & Manuscripts
Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
Sotheby's Sell Your Fine Books & Manuscripts
Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR
Fonsie Mealy’s Rare Books & Collectors’ Sale April 30th & May 1st
Fonsie Mealy’s, Apr 30-May 1: Taylor (Geo.) & Skinner (A.) Maps of the Roads of Ireland, Surveyed 1777. Lond. & Dublin 1778. €500 to €750.
Fonsie Mealy’s, Apr 30-May 1: Messingham (Thos.) Florilegium Insulae Sanctorum seu Vitae et Acta Sanctorum Hibernia, Paris 1624. €350 to €500.
Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus). The Haw Lantern, L. (Faber & Faber) 1987, First Edn., Signed and dated. €225 to €350.
Fonsie Mealy’s, Apr 30-May 1: Valencey (Lt. Col. Chas.) Collectanea de Rebus Hibernicis, Vols. I-IV, 4 vols. Dublin 1786. €400 to €600.
Fonsie Mealy’s, Apr 30-May 1: Powerscourt (Viscount). A Description and History of Powerscourt, Lond. 1903. €350 to €500.
Fonsie Mealy’s, Apr 30-May 1: Moryson (Fynes). An Itinerary ... Containing His Ten Yeeres Travel Through the Twelve Dominions of Germany, Bohermerland, Sweitzerland…, Lond. (John Beale) 1617. €700 to €1,000.
Fonsie Mealy’s, Apr 30-May 1: After Buffon, Birds of Europe, c. 1820. Approx. 120 fine hd. cold. plts., mor. backed boards. €125 to €250.
Fonsie Mealy’s, Apr 30-May 1: Dunlevy (Andrew). An Teagasg Criosduidhe De Reir Ceasda agus Freagartha... The Catechism or Christian Doctrine by Way of Question and Answer, Paris (James Guerin) 1742. €400 to €700.
Fonsie Mealy’s, Apr 30-May 1:The Georgian Society Records of Eighteen-Century Domestic Architecture in Dublin, 5 vols. Complete, Dublin 1909-1913. €500 to €750.
Fonsie Mealy’s, Apr 30-May 1: Scale (Bernard). An Hibernian Atlas or General Description of the Kingdom of Ireland, L. (Robert Sayer & John Bennet) 1776. €625 to €850.
Fonsie Mealy’s, Apr 30-May 1: [Johnson (Rev. Samuel)]. Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,L. (Langley Curtis) 1682. €300 to €400.
Fonsie Mealy’s, Apr 30-May 1: Nichlson (Wm.) Illustrator. An Almanac of Twelve Sports, Lond. 1898. €300 to €400.
Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) trans. The Light of the Leaves, 2 vols., Mexico (Imprenta de los Tropicos/Bunholt) 1999. €1,500 to €2,000.
Fonsie Mealy’s, Apr 30-May 1: Fleming (Ian). Moonraker, L. (Jonathan Cape) 1955. €1,500 to €2,000.
Bonhams, Apr. 21-29: ANDERSEN'S EXTREMELY RARE FIRST APPEARANCE IN PRINT. "Scene af: Røverne i Vissenberg i Fyen." in Harpen, 1822.
Bonhams, Apr. 21-29: FIRST ISSUE OF THE FIRST THREE FAIRY TALE PAMPHLETS, WITH ALL INDICES AND TITLE PAGES. Eventyr, fortalte for Børn. 1835-1837.
Bonhams, Apr. 21-29: THE FIRST FAIRY TALES WITH A SIGNED CARTE DE VISITE OF ANDERSEN AS FRONTIS. Eventyr, fortalte for Børn. 1835-1837.
Bonhams, Apr. 21-29: KARL LAGERFELD. Original pastel and ink drawing in gold, red and black for Andersen's The Emperor's New Clothes (1992), "La cassette de l'Empereur."
Bonhams, Apr. 21-29: PRESENTATION COPY OF THE SIXTH PAMPHLET FOR PETER KOCH. Eventyr, Fortalte For Børn, Second Series, Third Pamphlet. 1841. Publisher's wrappers, complete with all pre- and post-matter.
Bonhams, Apr. 21-29: HANS CHRISTIAN ANDERSEN RARE AUTOGRAPH QUOTATION SIGNED IN ENGLISH from "The Ugly Duckling," c.1860s.
Bonhams, Apr. 21-29: HEINRICH LEFLER, ORIGINAL WATERCOLOR FOR ANDERSEN'S SNOW QUEEN, "Die Schneekönigin," 1910.
Bonhams, Apr. 21-29: FIRST EDITION OF ANDERSEN'S FAIRY TALES IN ENGLISH. Wonderful Stories for Children. London, 1846.
Bonhams, Apr. 21-29: ANDERSEN ON MEETING CHARLES DICKENS. Autograph Letter Signed ("H.C. Andersen") in English to William Jerdan, July 20, 1847.
Bonhams, Apr. 21-29: PRESENTATION COPY FOR EDGAR COLLIN. Nye Eventyr og Historier. Anden Raekke. 1861.
Bonhams, Apr. 21-29: DOLL HOUSE FURNITURE BY HANS CHRISTIAN ANDERSON, DECORATED WITH FANTASTICAL CUT-OUTS, for the children of Jonna Stampe (née Drewsen), his godchildren.
Bonhams, Apr. 21-29: PRESENTATION COPY FOR GEORG BRANDES. Dryaden. Et Eventyr fra Udstillingstiden i Paris 1867. 1868.