Auction Update Review


A Good Week

For the week ending November 17, 2012, 20 auctions were archived to the AE Database. Nine were in U.S. dollars, 5 in British pounds, and 6 in euros. All but one took place between November 11-16. Sales were strong, with a 78% sell-through rate. Typically, that number is in the low 70s. If threats of America slipping off the fiscal cliff, Europe rolling back into recession, and wider war breaking out in the Middle East were making buyers nervous, they didn't display such fears in the auction rooms. Hopefully, this poll of buyers of works on paper signals these fears are overblown.

In total, 4,147 lots were offered, 3,235 hammered down to new owners. Total sales were $38,458,000, just under 78% of the total high estimates of all lots offered. This, too, is a good number. There is a caveat here - $27 million of these sales were attributable to Christie's sale of Andy Warhol prints. Warhol remains an icon of the generation now in its prime buying years, and everything his brush touched has turned to gold. It will take a few more generations to determine whether history concludes his contributions to the arts were as important as those of Shakespeare to literature, or of Nico to the Velvet Underground. However, once the large Warhol sale is removed, we find sales percentages of the remaining more traditional items virtually the same. It was still a good week.

Four sales reached the million dollar mark:

Christie's. Andy Warhol Benefit: $27,040,092.

Christie's. Photographs: $3,829,677.

Sotheby's. Travel, Atlases, Maps and Natural History: $3,537,094.

Bonham's. Books, Maps and Manuscripts: $1,224,944.

Two sales achieved currency volumes of over 100% of their total of high estimates:

Bruun Rasmussen. Books: 131%.

Bonham's. Books, Maps and Manuscripts: 114%.

Eight auctions sold more than 80% of their lots:

Freeman's. Historic Muhlenberg Property from a Private Collection: 100%

National Book Auctions. Books and Ephemera: 100%.

Neret – Minet & Tessier. Comic Strips: 93%.

Christie's. Andy Warhol Benefit: 92%.

Freeman's. Pennsylvania Sale: 90%.

Bruun Rasmussen. Books: 88%.

Heritage Auctions (online). Rare Books: 83%.

Skinner's. Fine Books and Manuscripts: 80%.

Despite the Thanksgiving holiday in America, the coming week will still be active, with 15 sales scheduled:

Mon. Nov. 19:

Alde: Modern Illustrated Books, Children's Books.

Ketterer Kunst / F. Doerling: Rare Books

Sotheby's: Books and Manuscripts.

Tues. Nov. 20:

Ketterer Kunst / F. Doerling: Rare Books.

Swann Galleries: 19th and 20th Century Literature.

Wed. Nov. 21:

Christie's: Valuable Books and Manuscripts.

Pierre Berge and Associates: Books.

Thurs. Nov. 22:

Heritage Auctions (online): Rare Books.

Fri. Nov. 23:

Ader: Books for Children.

Artcurial Briest: Comic Strips.

Bloomsbury Auctions: Photographs.

Cornette de Saint Cyr: Photographs.

Ketterer Kunst / F. Doerling: Old Master Prints.

Keys Fine Arts: East Anglia.

Sat. Nov. 24:

Artcurial Briest: Comics.

Lots for each of these auctions are now available on the AE website, so you can go to now and go to the auction calendar to see all lots available at each auction, or use the search box at the top of the page to search for items in topics of interest at all 15 of these auctions, and others in the weeks ahead.

Mike Stillman


November 18, 2012

  • <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>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.
  • <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