Auction Update Review

Nopreview

Sotheby's delivers, the market firms, The Week ending June 19, 2010

Sixteen auctions were archived this past week; five denominated in British Pounds, five in Dollars, six in Euros. In New York Sotheby's continued to sell the James A. Copley Collection. The bellwether was an early printing of the Declaration of Independence which sold for $572,500, less than expected but nevertheless a substantial price. The two parts of the June 17th sale together brought almost $2.8 million. Swann, a $10 cab ride downtown sold "Maps, Atlases, Literature, Art & Illustrated Books" the same day for $591,005. The next day Sotheby's New York sold "Books and Manuscripts" for $2.350,314. Cowan's on the 11th, in Cincinnati, sold $558,536 of "American History including the Civil War".

In England the sales this week were somewhat smaller; altogether five events raising $1,125,182. Bloomsbury sold "The Stock in Trade of the Late Keith Oliver" and Dominic Winter "Printed Books & Maps" on the 16th; Bloomsbury "Bibliophile [Godalming] including Books from Crowe Hall, Bath"; Dominic Winter "19th & 20th Century Photography" and "Children's Books & Modern First Editions"; all on the 17th.

In Euroland the Romantic Agony sold "Books" on the 10th, Artcurial Briest-Le-Fur-Poulain-F. Tajan "Antique Books" on the 15th, and Bloomsbury Rome "Fotografia, Ambiguity" the same day. On the 16th Alde, in France, offered Manuscripts et Autographs", Piasa "Printed Books & Maps" and Sotheby's Milan "19th C. Paintings, Furniture, Maioica, Silver and Rare Books".

From the pace you could tell summer is coming.

The low estimate for items that sold in all 16 sales was $6.9 million, the high estimate $9.9 million. Realized prices for what sold was $10.7 million. However, $3.5 million of material, based on their aggregate high estimates, went unsold. Seventy-two percent of all lots sold, 76% of the total of the high estimates was achieved. Where the estimates were appealing the material sold. Where the estimates were high, more often than not, lots went unsold.

This week five sales reached or exceeded 100% of their projected high estimate: Sotheby's Milan on the 16th [200%], Dominic Winter on the 17th [121%], Artcurial Briest-Le-Fur-Poulain-F. Tajan on the 17th [109%], Alde on the 16th and Bloombury London on the 17th - both 100%.

The auction market functioned effectively. Prices seem to be coming down. Auction houses are guiding estimates lower and buyers coming in to bid.

Bruce McKinney
AE

  • <b><center>Lion Heart Autographs<br>Rare & Remarkable Autographs<br>and Manuscripts<br>Now until October 21, 2020</b>
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Most Remarkable Autograph Album Ever Offered: Wilde Poem, Melville Quotes Shakespeare, 8 presidents, Mary Lincoln & 400 More. $30,000 to $35,000.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Unique Napoleon Autograph Manuscript Detailing his Military Campaign in Italy, plus Doodles. $18,000 to $20,000.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Remarkable Pasteur Manuscript on Rabies Research 8 Months before 1st Successful Human Vaccination. $12,500 to $15,000.
    <b><center>Lion Heart Autographs<br>Rare & Remarkable Autographs<br>and Manuscripts<br>Now until October 21, 2020</b>
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Freud 1933 ALS Supporting First Lay Analyst Theodor Reik with Reik’s Handwritten Definition of Psychology. $15,000 to $16,000.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Begin & Sadat Unique Signed Photo from Camp David Summit. $2,000 to $2,500.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Rare Scriabin ALS Written the Year He Completed “The Poem of Ecstasy.” $4,000 to $5,000.
    <b><center>Lion Heart Autographs<br>Rare & Remarkable Autographs<br>and Manuscripts<br>Now until October 21, 2020</b>
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Columbus’ Patron Pays for a Gift to a Lady in Waiting. $2,000 to $2,500.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Rare Signed Photo of Nansen, Nobel Prize Winner & Norway’s First Great Arctic Explorer. $1,000 to $1,200.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Stravinsky Pens 5 Bars from "Petrouschka.” $1,200 to $1,500.
    <b>Lion Heart Autographs<br>Now thru Oct. 21:</b> Zapata Letter Written 4 Days Following Collapse of Negotiations between Villa and Carranza. $2,000 to $2,200.
  • <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> MACHIAVELLI, Niccolò. <i>Nicholas Machiavel's Prince. Also, The life of Castruccio Castracani of Lucca…</i> Translated by Edward Dacres. London, 1640. $25,000 to $35,000.
    <b>Hindman Auctions, Nov. 12-13:</b> FILSON, John. <i>The Discovery, Settlement and present State of Kentucke: and An Essay towards the Topography, and Natural History of that important Country…</i> Wilmington, Del.: James Adams, 1784. $20,000 to $30,000.
    <b>Hindman Auctions, Nov. 12-13:</b> ELUARD, Paul. <i>Un poeme dans chaque livre.</i> Paris: Louis Broder, 1956. $20,000 to $30,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> LEWIS, James Otto. [<i>Aboriginal Port Folio.</i> Philadelphia: Published by the Author, 1835-1836]. $15,000 to $25,000.
    <b>Hindman Auctions, Nov. 12-13:</b> [ILLUMINATED MANUSCRIPTS]. BOOK OF HOURS, use of Rome, in Latin. [Southern Netherlands (Ghent or Bruges), c.1460]. $8,000 to $12,000.
    <b>Hindman Auctions, Nov. 12-13:</b> MORE, Thomas, Sir. <i>The Workes ... wrytten by him in the Englysh tongue.</i> Edited by William Rastell. London, 1557. $8,000 to $12,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> [KELMSCOTT PRESS]. MORRIS, William. <i>Love is Enough.</i> Hammersmith: The Kelmscott Press, 1897. $5,000 to $6,000.
    <b>Hindman Auctions, Nov. 12-13:</b> LINCOLN, Abraham. Autograph endorsement signed as President (“A. Lincoln”), 24 February 1863. $4,000 to $6,000.
    <b>Hindman Auctions, Nov. 12-13:</b> WASHINGTON, George. Address panel with autograph free frank signed ("G:o Washington"), as Commander in Chief of the Continental Army, 5 August 1777. $3,000 to $5,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> GOREY, Edward. <i>The Beastly Baby.</i> N.p.: The Fantod Press, 1962. $1,000 to $1,500.
    <b>Hindman Auctions, Nov. 12-13:</b> FROST, Robert. Photographic reproduction signed and inscribed ("Robert Frost”), to R.V. Thornton, 1955. $1,000 to $1,500.
    <b>Hindman Auctions, Nov. 12-13:</b> GOREY, Edward. <i>The Bug Book.</i> New York: Looking Glass Library, 1959. $500 to $700.
  • <b>Christie’s, Nov 3 :</b> REGAMEY, Felix (1844-1906). Unique drawing showing Verlaine and Rimbaud in London, September 1872. €70,000 to 100,000
    <b>Christie’s, Nov 3 :</b> LABORDE, Alexandre de (1773-1842). <i>Voyage pittoresque et historique de l’Espagne.</i> Paris : 1806-1820. €20,000 to 30,000
    <b>Christie’s, Nov 3 :</b> BOCCACE, Jean (1313-1375). <i>Il Decamerone…</i> Venise : Gabriele Giolito di Ferrari, 1542.<br>€ 12,000 to 15,000
    <b>Christie’s, Nov 3 :</b> LAMBERT, Yvon (1936). Full collection of writings from <i>Une rêverie émanée de mes loisirs.</i> Paris : 1992 - 2018. €50,000 to 70,000
    <b>Christie’s, Nov 3 :</b> JOUVE, Paul (1878-1973) -- KIPLING, Rudyard (1865-1936). <i>La Chasse de Kaa.</i> Paris : Javal & Bourdeaux, 1930. €2,000 to 3,000
  • <b>Swann Auction Galleries Oct 27:</b> Book of Hours with Illuminated Miniatures, France, mid-15th century. $15,000 to $25,000.
    <b>Swann Auction Galleries Oct 27:</b> Conradus de Alemania [Halberstadt the Elder], <i>Concordantiae Bibliorum,</i> Strassburg, 1474. $20,000 to $30,000.
    <b>Swann Auction Galleries Oct 27:</b> Christopher Marlowe, <i>The Jew of Malta,</i> London, 1633. Earliest extant edition of this antiauthoritarian Elizabethan play. $40,000 to $60,000.
    <b>Swann Auction Galleries Oct 27:</b><br>Sir Isaac Newton, <i>The Mathematical Principles of Natural Philosophy,</i> first edition in English, 2 volumes, London, 1729. $20,000 to $30,000.
    <b>Swann Auction Galleries Oct 27:</b> John Rae, <i>Narrative of an Expedition to the Shores of the Arctic Sea in 1846 and 1847,</i> first edition, London, 1850. $3,000 to $4,000.
    <b>Swann Auction Galleries Oct 27:</b> Philip Pittman, <i>The Present State of the European Settlements on the Mississippi…,</i> first edition, London, 1770. $10,000 to $12,000.
    <b>Swann Auction Galleries Oct 27:</b> Cyanotype of an anatomy class at Woman’s Medical College of Pennsylvania, Philadelphia, 1895. $300 to $400.
    <b>Swann Auction Galleries Oct 27:</b> Equine veterinary formulary, manuscript on paper, East Earl, Pennsylvania, circa 1860. $400 to $600.