Two hundred and seven auction houses and venues contributed 2,427 sales this year to our Transaction History. Altogether they offered 625,248 lots and 468,565 changed hands and kept us busy every day. Going into 2024 the pace of sales appears to be steady.
This said, two emerging factors may disproportionately impact the near term market. Old paper’s sweet spot at auction has been $2,000 per lot but some of the larger houses increasingly are raising their minimum lot values to support their burgeoning business models. In consequence, single owner collectible paper sales, that contain material that falls within a broad range of rarity and value, may find it difficult to sell their collections through houses they bought from. So be it.
For the past 200 years single owner sales has been the gold standard at auction and it will continue to be so but the houses that sell them may have different names.
Sotheby’s Year in Review: A Rare Hebrew Bible with Micrographic Masorah. Sold: 1,514,000 USD
Sotheby’s Year in Review: "The Freedman's Primer.” Sold: 241,300 USD
Sotheby’s Year in Review: Smith, William. "The Map that Changed the World." Sold: 139,700 USD
Sotheby’s Year in Review: Psalter, C13th. Illuminated Psalter. Sold: 330,200 GBP
Sotheby’s Year in Review: Lincoln, Abraham. The abolition of slavery. Sold: 13,697,500 USD
Sotheby’s Year in Review: Vergilius. Opera, Venice, Aldo Manuzio, 1501. Sold: 1,041,400 USD
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Bonhams: Consign With Us Today These are the Times that Try Men's Souls. Paine, Thomas. Sold for US$152,900.
Bonhams: Consign With Us Today The First Printed Work on Political Economy. Sold for US$127,000.
Bonhams: Consign With Us Today Signed Lincoln Photograph with Son Tad. Sold for US$76,700.
Bonhams: Consign With Us Today First Expanded Edition of Common Sense. Paine, Thomas. Sold for US$76,700.
Bonhams: Consign With Us Today Presentation Copy of Hemmingway's First Book. Sold for US$70,350.
Bonhams: Consign With Us Today St. John's Gospel on Vellum, A Fragment in Greek, 5th Century. Sold for US$70,350.
Bonhams: Consign With Us Today Only A Handful of Surviving Copies. Joyce, James. Ulysses. Sold for US$58,880.
Bonhams: Consign With Us Today A Pivotal Step in Einstein's Development of General Relativity. Sold for US$51,200.
Bonhams: Consign With Us Today A Fine Jewelled Binding Signed by Sangorski & Sutcliffe. Sold for US$56,320.
Bonhams: Consign With Us Today Joyce's Annotated Typescript Draft for Finnegan's Wake. Sold for US$48,640.
Bonhams: Consign With Us Today One of 30 Pre-Publication Copies, Inscribed by Hemingway to Spencer Tracy, Who Played "The Old Man". Sold for US$83,050.
