Recently there have been a bevy of handwringing articles relating to softness in the 20th century arts auctions. Sculptures and paintings have appeared to exhausted their welcome near term. Later Picassos and the always very thin market for sculptures have been encountering some bumps in the road. It’s not surprising that their markets are taking a pause. They have been primarily celebrating owner prestige rather than object importance and rarity for quite some time. Well chosen objects will decline briefly. The others will suffer longer.
In any event, not all categories of collectibles are suffering in the same way. Collectible paper continues to broaden its footprint.
By sheer numbers, we can see we are living in a new world. Recently (5/25/25), we reported, via our Weekly Auction Update, 101 completed sales in a single week that converted into $44,876,907.73.
Some forms of art may be slowing down. Collectible paper continues to be on a tear.
So put your worry beads away!
For perspectives about the art market look for The Art Newspaper, Puck, ArtNews.com, and CNBC (The art market is in a correction as big spenders fade), and Reddit (Now we’re officially in an art market crisis).
If in doubt about the health of collectible paper, click here to read about the recent sale of Lincoln material.
ALDE, Apr. 8: GUEVARA (ANTONIO DE). Histoire de Marc-Aurèle, Empereur Romain, vray miroir et horloge des Princes. Paris, Pierre et Galliot du Pré, frères, 1565. €3,000 to €4,000.
ALDE, Apr. 8: HEURES DE LA VIERGE. Horæ in laudem beatissimæ virginis Mariæ ad usum Romanum. Paris, Charles L'Angelier, 1556. €4,000 to €5,000.
ALDE, Apr. 8: MONTAIGNE (MICHEL DE). Les Essais. Édition nouvelle, trouvée après le deceds de l'autheur… Paris, Abel L'Angelier, 1595. €6,000 to €8,000.
ALDE, Apr. 8: [ROJAS (FERNANDO DE)]. Celestina, tragicomedia di Calisto et Melibea, tradotta de lingua castigliana in italiano idioma… Venise, 1531. €2,000 to €3,000.
ALDE, Apr. 8: CAMÕES (LUÍS DE). Os Lusiadas. Lisbonne, Pedro Crasbeeck, 1613. €2,000 to €3,000.
ALDE, Apr. 8: CERVANTES (MIGUEL DE). El Ingenioso hidalgo Don Quixote de la Mancha. Bruxelles, Roger Velpius & Huberto Antonio, 1611. €6,000 to €8,000.
ALDE, Apr. 8: LA FONTAINE (JEAN DE). Fables choisies, mises en vers. Paris, Denys Thierry et Claude Barbin, 1678-1694. €6,000 to €8,000.
ALDE, Apr. 8: CERVANTES (MIGUEL DE). El Ingenioso hidalgo Don Quixote de la Mancha. Madrid, Joaquin Ibarra, 1780. €3,000 to €4,000.
ALDE, Apr. 8: DIDEROT (DENIS) ET JEAN LE ROND D'ALEMBERT. Encyclopédie, ou dictionnaire raisonné des sciences, des arts et des métiers. Paris, 1751-1765. €15,000 to €20,000.
ALDE, Apr. 8: [LIVRE TISSÉ]. LAMARTINE (Alphonse de). Les Laboureurs. Poème tiré de Jocelyn… Lyon, J. A. Henry, 1883. €8,000 to €10,000.
ALDE, Apr. 8: [LIVRE TISSÉ]. Livre de prières tissé d'après les enluminures des manuscrits du XIVe au XVIe siècle. Lyon, [A. Roux], 1886. €5,000 to €6,000.