Auction Update Review

Nopreview

If this is the quiet time ...

For the week ending July 14th 9 recently completed auctions were archived in the AED; 1 in euros, 3 in dollars and 5 in British pounds.  Eleven million dollars [$11,121,953] changed hands as 1,463 lots, against 1,882 offered, sold.  The action was in England with 5 sales realizing $10,222,475.

 

It was an odd week.  The percentage of lots sold was above average at 78% but total receipts, as a percentage of the high estimates, a bit light coming in at 75%.  Such variation from week to week tends to signify little unless underperformance becomes part of a larger pattern confirmed over months and quarters.   What is apparent is that the increasing number of auction events is causing houses to more often choose summer dates.  This month there are 49 events and in August 22 more.  These were prime season numbers a few years ago.  We are living in a different world.

 

Two sales reached 100% of the total of their high estimates:

 

Ader.  Letters, Manuscripts, Autographs on June 28th:  182%

Cowan’s.  Prints on July 11th:  105%

 

Three sales reached a million dollars:

 

Sotheby’s.  The History of Script:  sixty important manuscript leaves from the Schoyen Collection on July 10th:  $4,032,941

Sotheby’s.  Western Manuscripts and Miniatures on July 10th:  $1,966,063

Bonhams.  Prints on July 11th:  $1,658,787

 

Four sales saw more than 80% of their lots sell:

 

Heritage Auctions.  Rare book online ending July 12th:  93%

Cowan’s.  Prints ending July 11th:  88%

Neal Auction Company.  Prints ending June 30th:  82%

Ader.  Letters, Manuscripts, Autographs on June 28th:  81%   

 

 

For the week ahead 9 sales are scheduled:

 

Tuesday July 17th Freemans.  Books [1435a].  90 lots

 

Wed. July 18th Dominic Winter.  Old Master and Modern Prints [S330].  156 lots

                                    Freemans.  Prints [1435b].  8 lots

 

Thursday July 19th    Bloomsbury Auctions.  Antiquarian Books [35940].  578 lots

                                    Eldred’s.  Maine Art Part I [751].  172 lots

                                    Heritage Auctions.  Rare Books online bidding ending July 19th.  404 lots

                                    PBA Galleries.  Fine Americana – Travel – Cartography [484].  411 lots

 

Friday July 20th         Eldred’s.  Marine Art, Part II [751b].  18 lots

 

Sunday July 22nd Bonhams.  Asian Works of Art [20032].  118 lots

 

If this is the slow season we will be harried come fall.

 

Bruce McKinney

AE

July 15th, 2012

  • <b>Swann Auction Galleries Nov 17:</b> Jane Austen, <i>Pride & Prejudice,</i> 3 volumes, first edition, London, 1813. $20,000 to $30,000.
    <b>Swann Auction Galleries Nov 17:</b> John Hancock, Uncommon Privateer Commission, signed as President of Continental Congress, 1777. $6,000 to $9,000.
    <b>Swann Auction Galleries Nov 17:</b> Frank Lloyd Wright, photograph signed & inscribed. $2,000 to $3,000.
    <b>Swann Auction Galleries Nov 17:</b> Abraham Lincoln, document signed conscripting troops for first national draft in U.S., 1863. $15,000 to $25,000.
    <b>Swann Auction Galleries Nov 17:</b> Jane Austen, <i>Sense & Sensibility,</i> 3 volumes, first edition, London, 1811. $30,000 to $40,000.
    <b>Swann Auction Galleries Nov 17:</b> Charles Dickens, <i>American Notes for General Circulation,</i> first edition, inscribed to Richard Henry Dana, Jr., London, 1842. $30,000 to $40,000.
    <b>Swann Auction Galleries Nov 17:</b> John Maynard Keynes, <i>The General Theory of Employment, Interest & Money,</i> first edition, London, 1936. $5,000 to $7,500.
    <b>Swann Auction Galleries Nov 17:</b> Alexandre Raymond, <i>L’Art Islamique en Orient,</i> 2 volumes, first editions, Péra-Constantinople, 1922-24. $3,000 to $4,000.
    <b>Swann Auction Galleries Nov 17:</b> Igor Stravinsky, autograph musical quotation signed, 3 bars from <i>Perséphone,</i> 1936. $1,500 to $2,500.
  • <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><center>Sotheby’s<br>James Bond: A Collection of<br>Books and Manuscripts<br>The Property of a Gentleman<br>11 November 2020<br>London</b>
    <b>Sotheby’s, Nov. 11:</b> FLEMING | <i>Casino Royale,</i> 1953, first edition, presentation copy. £50,000 to £70,000.
    <b>Sotheby’s, Nov. 11:</b> FLEMING | <i>Live and Let Die,</i> 1954, first edition, presentation copy inscribed to Winston Churchill. £50,000 to £70,000.
    <b>Sotheby’s, Nov. 11:</b> FLEMING | <i>Moonraker,</i> 1955, first edition, presentation copy inscribed to Raymond Chandler. £70,000 to £100,000.
    <b><center>Sotheby’s<br>James Bond: A Collection of<br>Books and Manuscripts<br>The Property of a Gentleman<br>11 November 2020<br>London</b>
    <b>Sotheby’s, Nov. 11:</b> FLEMING | Diamonds are Forever, [1955-56], the final revised typescript. £80,000 to £120,000.
    <b>Sotheby’s, Nov. 11:</b> FLEMING | <i>The Spy Who Loved Me,</i> 1962, first edition, presentation copy to Robert Kennedy. £35,000 to £50,000.
    <b>Sotheby’s, Nov. 11:</b> FLEMING | <i>From Russia, With Love,</i> 1957, first edition. £2,000 to £3,000
  • <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.