Auction Update Review
No Escaping Reality
For the week ending November 26th,
2011 we archived eleven auctions; two in dollars, two in British Pounds, and
seven in Euros. Five thousand seven
hundred fifty-three lots were offered and 3,382 sold for a 59% sale rate. Total turnover was $7,992,704 against the
aggregate high estimate of $10,605,319.
Both rate of sale and percentage of the aggregate high estimate were on
the low side. As if anyone needs it
these results mirror global uncertainty leading to the expectation that resolution
of the European debt crisis and the American congressional log-jam will rise
auction outcomes by at least 10%.
Only two of this past week’s sales
reached or exceeded 100% of their high estimate and both were achieved by the
same house: Ader. Congratulations. This is a difficult feat in any economic
scenario and a particularly difficult one during the current malaise.
Ader. Sacha Guitrt – The Collection of Andre
Bernard pt. 2: 148%
Ader. Sacha Guitrt – The Collection of Andre
Bernard pt. 1: 135%
For the week ahead 35 sales are
scheduled:
November 28th Christie’s. Books (3013).
Alde. Modern Books, Works on Paper (17884)
Artcurial
Briest-Le Fur-Poulain-F. Tajan. 60
Photos to Benefit the School of Hope (2135)
Map
World. Cape Town (3)
November 29th Alde.
Library of an Amateur (17319)
Bloomsbury
Auctions. Important Books, Manuscripts
& Works on Paper (27202)
Bonhams. Books, Maps and Manuscripts (19001)
Bonhams. Prints (19086)
Bubb
Kuyper. Books, Manuscripts and Graphic
Arts (55)
Christie’s. Important Old Books, Art Books and
Manuscripts (1015)
Map
World. Cape Town (3)
November 30th Bubb Kuyper. Books, Manuscripts and Graphic Arts (55)
Comic
Connect. Comics (113011)
Galerie
Bassenge. Photography (98f)
Gray’s
Auctioneers. Fine Books, Maps, and Manuscripts (54)
Map
World. Cape Town (3)
Rupert
Toovey and Co. Prints (1000)
Sotheby’s. Music Books, Children’s and Illustrated Books
(L11406)
December 1st Antiquarian Auctions.co.za. Books (15)
Bubb
Kuyper. Books, Manuscripts and Graphic
Arts (55c)
Keys
Fine Arts Auctioneers. Books Day 1 (947)
Map
World. Cape Town (3)
Oger
et Camper. Autographs, Stamps,
Photographs and Books (17930)
PBA
Galleries. Fine Literature – Fine Books
in all Fields (468)
Swann
Galleries. Printed & Manuscript
Americana / Ocean Liner Memorabilia (2263)
December 2nd Antiquarian
Auctions.co.za. Books (15)
Bubb
Kuyper. Books, Manuscripts and Graphic
Arts (55d)
Cowan’s
Auctions, Inc. American History (281)
Ferraton. Books, Manuscript, Autographs (2322)
Key’s
Fine Arts Auctioneers. Books Day 2 (948)
December 3rd Antiquarian Auctions.co.za. Books (15)
Ferraton. Books, Manuscript, Autographs (2322)
December 4th Antiquarian Auctions.co.za. Books (15)
National
Book Auctions. Books and Ephemera –
Atlases, Art, Fancy Bindings, etc (12042011)
Osenat. The French Empire in Fontainbleau (120411)
The selection is broad and
appealing.
Bruce McKinney
AE
November 27th, 2011