Auction Update Review
For the week ending June 25th fifteen auctions were archived, three denominated in dollars, four in British pounds and eight in Euros. Nine thousand five hundred and seventy-five lots were offered and 5,143 sold. Absent Kiefer that offered 5,658 lots and sold 2,181 of them [38.5%], the other sales together sold 75.6% of their lots.
Four of the fifteen sales reached or exceeded 100% of the high estimate for all their lots:
Osenat. The French Empire in Fontainbleau on June 5th: 266%;
Piasa. Petite Prints on June 9th: 195%;
Piasa. Manuscript – Second Vacation on June 21st: 159%
Christie’s. Vintage Film Posters on June 15th: 125%
For the items that sold the aggregate low estimate was $3,012,085 and the aggregate high estimate $3,838,052. The total of the high estimates for all lots, sold and unsold, was $6,406,519, the total of all completed transactions $5,593,855 or 87.3% of the total of the high estimates.
It was altogether a good week.
For the week ahead the following sales are scheduled:
Monday June 27th. Cowans, Inc. Civil War Photography;
Neret – Minet & Tessier. Archeology;
Tuesday June 28th. Bonhams. Books, Maps & Manuscripts;
Wednesday June 29th. Aguttes. Autograph letters and documents, ancient and modern books;
Thursday June 30th. Aguttes. Ancient and Modern Books;
Bloomsbury Auctions. Modern and Contemporary Prints including Andy Warhol and Pop Legacy;
Pacific Book Auctions. Fine & Rare Books from two Private Collections;
Friday July 1st. Piasa. Ancient, Modern and Contemporary Photographs;
Saturday July 2nd. Neret – Minet & Tessier. Posters;
Auctions continue to be busy although the focus has shifted from the United States