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 Fine Manuscript and Printed Americana 27 January 2026
Sotheby’s, Jan. 27: An extraordinary pair of books from George Washington’s field library, marking the conjunction of Robert Rogers, George Washington, and Henry Knox. $1,200,000 to $1,800,000.
Sotheby’s, Jan. 27: An extraordinary letter marking the conjunction of George Washington, the Marquis de Lafayette, and Benjamin Franklin. $1,000,000 to $1,500,000.
Sotheby’s, Jan. 27: Virginia House of Delegates. The genesis of the Declaration of Independence and the Bill of Rights. $350,000 to $500,000.
Sotheby’s Fine Manuscript and Printed Americana 27 January 2026
Sotheby’s, Jan. 27: (Gettysburg). “Genl. Doubleday has taken charge of the battle”: Autograph witness to the first day of the Battle of Gettysburg, illustrated by fourteen maps and plans. $200,000 to $300,000.
Sotheby’s, Jan. 27: President Lincoln thanks a schoolboy on behalf of "all the children of the nation for his efforts to ensure "that this war shall be successful, and the Union be maintained and perpetuated." $200,000 to $300,000.
Sotheby’s, Jan. 27: [World War II]. An archive of maps and files documenting the allied campaign in Europe, from the early stages of planning for D-Day and Operation Overlord, to Germany’s surrender. $200,000 to $300,000.