Auction Update Review

Nopreview

Some Early Strength

For the week ending Saturday January 19th 7 auctions were archived to the AED; 3 in US dollars, 2 in British pounds and 2 in euros.  Total turnover was $1,642,742.  The total of the high estimates of all lots was $2,140,511.  Two thousand one hundred and fourteen lots were offered and 1,620 sold for a 77% success rate.  The recent trend has been for reserves to be modest and it’s helping to clear materials accumulating to sell.  It’s a healthy trend although too early to say what it portends for the important spring season.

 

One indicator is clear; the number of sales posted in the January auction calendar. That number in 2012 was 32, this January 51.

 

Only one sale saw total sales exceed 100% of the total of their high estimates:

 

Lyons and Turnbull.  Rare Books, Maps, Manuscripts and Photography on January 16th:  111%

 

Their runner up was Bloomsbury Auctions’ Bibliophile Books on January 17th:  93%

 

Three sales saw at least 80% of their lots sell:

 

Heritage Auctions.  Rare Books Internet sale ended January 17th:  91%

Bloomsbury Auctions.  Bibliophile Books on January 17th:  88%

Lyon and Turnbull.  Rare Books, Maps, Manuscripts and Photographs on January 16th:  82%.

 

For the week ahead 18 sales are scheduled:

 

Mon. Jan. 21st      Bruun Rasmussen.  Old Prints [1304a].   23 lots

                                    Copley Fine Art.  Sporting Prints, Books [12113].  48 lots

 

Tues. Jan 22nd        Bruun Rasmussen.  Modern Prints [1304b].  49 lots

 

Wed. Jan. 23rd          Rupert Toovey and Co.  Prints [1098].  37 lots

 

Thurs. Jan. 24th          Bloomsbury Auctions.  Antiquarian Books [12413].  202 lots

                                    Keys Fine Arts Auctioneers.  Books, Day 1 [1071].  730 lots

                                    PBA Galleries. Americana – Asian-American History – Travel – Maps and Views [498].  434 lots

                                    Swann Galleries.   20th Century Illustration Original Art / Books, Featuring Maurice Sendak [2300].  281 lots

                                    Heritage Auctions.  Rare Books.  Internet bidding ends today [201304].  201 lots

                                    Rossini.  Posters [20990]  299 lots

 

Friday Jan. 25th          Christies.  American Prints [2670].   14 lots

Keys Fine Arts Auctioneers.  Books, Day 2 [1072].  122 lots

                                    Sothebys.  Audubon Prints [N08950].  39 lots

 

Saturday Jan. 26th     Robert C. Eldred, Inc.  Prints, Books [778].  50 lots

                                    Morton Casa de Subastas.  Maps [660].  202 lots

                                    Sotheby’s.  Prints [N08950].  39 lots

                                    Neret – Minet & Tessier/  Marine – Voyages [15190].

 

Sun. Jan 27th              National Book Auctions.  Books and Ephemera – Americana, Antique, Firsts, Nautical, etc.  [01272013]

 

Here is a link to the RecentAuctions Spreadsheet.  It’s still being tweaked but is already useful.

 

It’s much too early to see any pattern other than the rising volume present all through continues into 2013.

 

Bruce McKinney

AE

20 January 2013

  • <b>Swann Auction Galleries, July 30:</b> Adam Smith, <i>Wealth of Nations,</i> first edition, descended from William Alexander, London, 1776. $70,000 to $90,000.
    <b>Swann Auction Galleries, July 30:</b> George Gershwin, photograph signed & inscribed with autograph musical quotation, <i>An American in Paris,</i> 1928. $8,000 to $12,000.
    <b>Swann Auction Galleries, July 30:</b> Friedrich Engels, <i>The Condition of the Working Class in England,</i> first edition, NY, 1887. $5,000 to $7,500.
    <b>Swann Auction Galleries, July 30:</b> <i>Bury St. Edmunds Witch Trials,</i> first edition, London, 1682. $2,000 to $3,000.
    <b>Swann Auction Galleries, July 30:</b> Robert Rey, <i>Estampes,</i> complete portfolio of 12 wood engravings, Paris, 1950. $12,000 to $18,000.
    <b>Swann Auction Galleries, July 30:</b> Archive of 47 letters by Enrico Caruso to a lady friend, 1906-20. $7,000 to $10,000.
    <b>Swann Auction Galleries, July 30:</b> Books of Hours in Flemish, Netherlands, 15th century. $8,000 to $10,000.
    <b>Swann Auction Galleries, July 30:</b> Jack Kerouac, <i>Doctor Sax,</i> deluxe limited edition, signed, NY, 1959. $4,000 to $6,000.
    <b>Swann Auction Galleries, July 30:</b> Walt Disney, signature on title-page of Ward Greene’s <i>Lady and the Tramp,</i> first edition, first printing. $3,000 to $4,000.