• <b>Chiswick Auctions<br>Seeking Consignments.</b> Churchill (Winston) & Others. 1944 Commonwealth Prime Ministers’ Conference, 27 April 1944. £8,000 to £12,000.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Joyce (James). <i>Ulysses.</i> First English edition, 1922. £800 to £1,200.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Belzoni (Giovanni Battista). <i>Plates Illustrated of the Researches and Operations...in Egypt and Nubia,</i> FIRST EDITION, 1821-1822. £14,375 inc Buyers Premium.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Astor (John Jacob). A collection of rare letters, 9 January 1812- 4 September 1837. £26,000 inc Buyers Premium.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Rowling (J.K.) <i>Harry Potter and the Philosopher's Stone,</i> FIRST EDITION, first issue, 1997. £27,500 inc Buyers Premium.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Royal Family. Photograph of Queen Elizabeth, George VI, Princess Elizabeth and Princess Margaret, signed, 1946. £3,640 inc Buyers Premium.
    <b>Chiswick Auctions<br>Seeking Consignments.</b> Collodi (Carlo). <i>Le avventure di Pinocchio. Storia di un burattino,</i> FIRST EDITION, 1883. £8,401 inc Buyers Premium.
  • <b>Sotheby’s, Dec. 18:</b> CLEMENS, SAMUEL L. <i>The Adventures of Tom Sawyer by Mark Twain.</i> Hartford: The American Publishing Company, 1876. $14,000 to $18,000.
    <b>Sotheby’s, Dec. 18:</b> BATEMAN, JAMES. <i>The Orchidaceae of Mexico and Guatemala.</i> London: J. Ridgway & Sons for the author, [1837]-1843. $60,000 to $80,000.
    <b>Sotheby’s, Dec. 18:</b> WHITMAN, WALT. <i>Leaves of Grass.</i> Brooklyn: [For the author by Andrew and James Rome,] 1855. $150,000 to $200,000.
    <b>Sotheby’s, Dec. 18:</b> LEE, HARPER. Three “Seckatary Hawkins”-related books inscribed and signed by Harper Lee. $60,000 to $80,000.
    <b>Sotheby’s, Dec. 18:</b> POE, EDGAR ALLAN. <i>The Raven.</i> New York: Wiley and Putnam, 1845. $120,000 to $180,000.
  • <b>Christie’s London, Dec. 11:</b> SHAKESPEARE, William. <i>Comedies, Histories and Tragedies. Published according to the true Originall Copies.</i> The second Impression. London, 1632. £120,000 to £180,000.
    <b>Christie’s London, Dec. 11:</b> [GOETHE, Johann Wolfgang von (1749–1832)]. <i>Das Römische Carneval.</i> Berlin and Gotha, 1789. £20,000 to £30,000.
    <b>Christie’s London, Dec. 11:</b> [SHAKESPEARE, William]. Manuscript part for a contemporary analogue to <i>Henry IV,</i> part I, n.p. [perhaps Oxford or London], n.d. [c.1580s – before c.1620]. £25,000 to £35,000.
    <b>Christie’s London, Dec. 11:</b> GOETHE, Johann Wolfgang von (1749–1832). <i>Faust. Ein Fragment... Ächte Ausgabe.</i> Leipzig: Georg Joachim Göschen, 1790. £3,000 to £5,000.
    <b>Christie’s London, Dec. 11:</b> SHAKESPEARE, William. <i>The Tragedy of Hamlet Prince of Denmark. As it is now Acted at his Highness the Duke of York's Theatre.</i> London, 1683. £60,000 to £90,000.
    <b>Christie’s London, Dec. 11:</b> [GOETHE, Johann Wolfgang von (1749–1832)]. <i>Die Leiden des jungen Werthers.</i> Leipzig: Weygand, 1774. £15,000 to £20,000.
  • <b>Christie’s London, Dec. 11:</b> ALBUM AMICORUM OF SCHELOMITH FLAUM. Autograph album containing drawings, autograph quotations and signatures from over 47 contributors, India, Europe, America, Israel and elsewhere, 1923–50. £40,000 to £60,000.
    <b>Christie’s London, Dec. 11:</b> FLEMING, Ian (1908–1964). <i>Live and Let Die.</i> London: Jonathan Cape, 1954. £15,000 to £20,000.
    <b>Christie’s London, Dec. 11:</b> HISTORY OF CINEMA. Animal Farm (1954), an animation archive from the Halas and Batchelor studios, [c.1954]. £20,000 to £30,000.
    <b>Christie’s London, Dec. 11:</b> LE HAY, Jacques – [Charles de FERRIOL]. <i>Recueil de Cent Estampes representant differentes Nations du Levant...</i> Paris, 1714. [With:] <i>Explication des cents Estampes.</i> Paris, 1715. £25,000 to £35,000.
    <b>Christie’s London, Dec. 11:</b> THE LAST JUDGEMENT, historiated initial 'A' on a leaf from an Antiphonal on vellum illuminated by Nikolaus Bertschi [Augsburg, first quarter 16th century]. £7,000 to £10,000.
    <b>Christie’s London, Dec. 11:</b> VALTURIUS, Robertus (1413–1484). <i>De re militari.</i> [Verona:] Johannes Nicolai de Verona, 1472. £170,000 to £250,000.

Auction Update Review

Nopreview

A Difficult Time, The Week Ending July 3rd, 2010

Economies everywhere have got the sniffles and pundits are using their 15 minutes of fame to come down on one side or the other of the "greater fear question." Should we fear deflation or inflation? If you are in the rare book business you don't have to choose. You can fear both. Book prices are coming down while the cost of living is going up. It's nice to have that out of the way. This week's auction results give us some idea of what's happening.

We archived 11 auctions this week; 6 in mainland Europe, 2 in the United Kingdom, 2 in the United States and 1 in Mexico. Eight-thousand-four-hundred-sixty-nine lots were offered and 4,415 sold for a 52% sale rate. The aggregate high estimate for all lots was $7,583,067, total sales $5,353,262, for an overall percentage of high estimate of 71%. Sales were soft. The general goal is 100%. Two auctions, Gallerie Koller and Gallerie Bessange achieved 112% and 108%, three houses fell below 50%. Bonhams' sale in London on the 29th, while not breaking the 100% plane, did well enough; 85%.

These results suggest that good material, well publicized and appropriately estimated continues to sell but that, as the market contracts, the sweet spot in the estimate ranges has become a shifting target moving in the wrong direction. Consignors are reluctant to agree to substantial cuts but in many cases they may be required.

As difficult as selling at auction has been the anecdotal evidence from dealers is a shade darker. Disappointment has been more the norm than the exception.


By September on AE we'll add some tools and features that we think will help.

Bruce McKinney
AE

  • <b>Bonhams, Dec. 5:</b> SHAKESPEARE, WILLIAM. <i>Macbeth: A Tragedy.</i> London, 1673. FIRST SEPARATE AND FIRST QUARTO EDITION. THE CHARLTON HESTON COPY. $80,000 to $120,000.
    <b>Bonhams, Dec. 5:</b> HEMINGWAY, ERNEST. <i>In Our Time.</i> Paris, 1924. FIRST EDITION, PRESENTATION COPY. $20,000 to $30,000.
    <b>Bonhams, Dec. 5:</b> HAWTHORNE, NATHANIEL. <i>Fanshawe, A Tale.</i> Boston, 1828. FIRST EDITION OF AUTHOR'S FIRST BOOK. $20,000 to $30,000.
    <b>Bonhams, Dec. 5:</b> THOREAU, HENRY DAVID. <i>Walden; Or, Life in the Woods.</i> Boston, 1854. FINE COPY OF THE FIRST EDITION. $10,000 to $15,000.
    <b>Bonhams, Dec. 5:</b> SHAKESPEARE, WILLIAM. <i>Comedies, Histories, and Tragedies.</i> London, 1685. THE FOURTH FOLIO, Brewster/Bentley issue. $20,000 to $30,000.
    <b>Bonhams, Dec. 5:</b> STEIG, WILLIAM. Original maquette and 58 finished drawings for <i>The Agony in the Kindergarten,</i> one of Steig's most important books. $10,000 to $15,000.
    <b>Bonhams, Dec. 5:</b> VERNE, JULES. <i>A Journey to the Centre of the Earth.</i> New York & London, 1872. FIRST EDITION, RARE AMERICAN ISSUE, with Scribner & Welford cancel title. $5,000 to $8,000.
    <b>Bonhams, Dec. 5:</b> KING, STEPHEN. <i>Carrie.</i> New York, 1974. INSCRIBED FIRST EDITION, OF AUTHOR'S FIRST BOOK. $1,200 to $1,800.
    <b>Bonhams, Dec. 4:</b> APPLE MACINTOSH PROTOTYPE. 1983. The earliest known Macintosh with "Twiggy" drive, one of only two known working machines. $120,000 to $180,000.
    <b>Bonhams, Dec. 4:</b> PLATO. <i>Timaeus</i> [AND] <i>Critias</i> [from Ficini's 1484 Opera]. A LANDMARK OF SCIENTIFIC THOUGHT. $80,000 to $120,000.
    <b>Bonhams, Dec. 4:</b> LOVELACE, AUGUSTA ADA. Sketch of the Analytical Engine Invented by Charles Babbage Esq. London, 1843. FIRST EDITION, JOURNAL ISSUE, MOST IMPORTANT PAPER IN EARLY DIGITAL COMPUTING. $15,000 to $20,000.
    <b>Bonhams, Dec. 4:</b> APPLE-1 COMPUTER. Signed by Steve Wozniak, used in development of Apple II. $200,000 to $300,000.
    <b>Bonhams, Dec. 4:</b> DARWIN, CHARLES. 1809-1882. <i>On the Origin of Species By Means of Natural Selection.</i> London, 1859. FIRST EDITION. $80,000 to $120,000.
  • <b>Christie’s London, Dec. 11:</b> AN EARLY DUTCH POCKET GLOBE ATTRIBUTED TO WILLEM BLAEU, AFTER C.1618. £70,000 to £100,000.
    <b>Christie’s London, Dec. 11:</b> BLAEU, Johannes (1596-1673). £50,000 to £70,000.
    <b>Christie’s London, Dec. 11:</b> BLAEU, Johannes. <i>Theatrum Statuum Regiae Celsitudinis Sabaudiae Ducis, Pedemontii principis, ... pars prima, exhibens Pedemontium ...</i> Amsterdam, 1682. £70,000 to £100,000.
    <b>Christie’s London, Dec. 11:</b> DUDLEY, Sir Robert, self-styled Duke of Northumberland and Earl of Warwick. <i>Arcano del Mare.</i> Florence, 1661. £500,000 to £700,000.
    <b>Christie’s London, Dec. 11:</b> The Mainz Psalter: <i>Psalterium Benedictinum cum canticis et hymnis,</i> for Bursfeld use. [Mainz:] Johann Fust and Peter Schoeffer, 29 August 1459. £5,000 to £10,000.
  • <b>Swann Auction Galleries Dec 17:</b> Currier & Ives, <i>The Mississippi in Time of Peace,</i> hand-colored lithograph, 1865. $6,000 to $9,000.
    <b>Swann Auction Galleries Dec 17:</b> Hartmann Schedel, <i>Liber Cronicarum...,</i> Nuremberg, 1493. $40,000 to $60,000.
    <b>Swann Auction Galleries Dec 17:</b> Claudius Ptolemaeus, <i>Geographicae Enarrationis Libri Octo,</i> Lyons, 1535. $20,000 to $25,000.
    <b>Swann Auction Galleries Dec 17:</b> Thomas Jefferys, <i>The American Atlas,</i> London, 1776-77. $10,000 to $15,000.
    <b>Swann Auction Galleries Dec 17:</b> John Speed, <i>A Prospect of the Most Famous Parts of the World,</i> 20 miniature maps, London, 1665. $2,000 to $3,000.
    <b>Swann Auction Galleries Dec 17:</b> <i>Biblia Das ist: Die Gantze Heilige Schrifft Durch D. Martin Luther Verteutscht,</i> illustrated cartographic Bible, Basel, 1665. $1,500 to $2,500.
    <b>Swann Auction Galleries Dec 17:</b> Early Hawaiian-language school geography, Lahainaluna Seminary, 1840. $2,500 to $3,500.
    <b>Swann Auction Galleries Dec 17:</b> Cornelis de Jode, <i>Africae Vera Forma, et Situs,</i> Antwerp, 1593. $4,000 to $6,000.
    <b>Swann Auction Galleries Dec 17:</b> Maria Vincenzo Coronelli, <i>America Settentrionale Colle Nuove Scoperte Sin All Anno,</i> Venice, 1688. $7,000 to $10,000.
    <b>Swann Auction Galleries Dec 17:</b> Johann Christoph Volkamer, <i>Nürnbergische Hesperides,</i> Nuremberg, 1708-1714. $12,000 to $18,000.
    <b>Swann Auction Galleries Dec 17:</b> Johann Bayer, <i>Uranometria, Omnium Asterismorum Continens Schemata...,</i> 51 celestial charts, c. 1603. $5,000 to $7,500.
    <b>Swann Auction Galleries Dec 17:</b> Manuscript map of Commodore Perry’s Black Ship squadron at Edo Bay, with manuscript sketchbook, ink & watercolor, Japan, c. 1853. $2,500 to $3,500.
  • <b>Sotheby’s, Dec. 18:</b> <i>The Birds of America; from Original Drawings by John James Audubon</i> $6,000,000 to $8,000,000.
    <b>Sotheby’s, Dec. 18:</b> <i>The Birds of America; from Original Drawings by John James Audubon</i> $6,000,000 to $8,000,000.
    <b>Sotheby’s, Dec. 18:</b> <i>The Birds of America; from Original Drawings by John James Audubon</i> $6,000,000 to $8,000,000.
    <b>Sotheby’s, Dec. 18:</b> <i>The Birds of America; from Original Drawings by John James Audubon</i> $6,000,000 to $8,000,000.
    <b>Sotheby’s, Dec. 18:</b> <i>The Birds of America; from Original Drawings by John James Audubon</i> $6,000,000 to $8,000,000.