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10, 9, 8

For the week ending Saturday August 10^th 7 auctions were archived to the AED, 5 auctions denominated in US dollars and 2 in euros. These are the quiet moments and the chance to be both involved and at peace [as in peace and quiet]. The pace will soon quicken so these moments, are appreciated.

For these 7 sales 1,359 lots were offered and 1,095 sold for an 81% success rate. No sales reached the million-dollar level but it hardly matters. Total sales were $1,011,577. The vast majority of lots are important to some bidders but in these quieter months perhaps to fewer bidders than will be the case in the march of rising sales that will peak in December.

One sale saw their total dollars reach 100% of the total of the high estimates:

Northeast Auctions. Americana – Historical Prints on August 2^nd: 133%

Four auctions saw at least 80% of their lots sell:

Bruun Rasmussen. Old Prints on August 5^th: 100%

Northeast Auctions. Americana, Historical Prints on August 2^nd: 98%

Heritage Auctions [HA.com]. Rare Books. Internet bidding ended August 8^th: 96%

Leslie Hindman Auctioneers. Fine Books and Manuscripts on August 7^th: 85%

For the week ahead 8 sales are scheduled:

Mon. Aug. 12

Bruun Rasmussen. Old Prints [1333a]. 23 lots

Tues. Aug. 13

Bonhams. Pictures, Prints and Maps [21459]. 16 lots

Bruun Rasmussen. Modern Prints [1333b].

Wed. Aug. 14

Blacksparrow. The Hollywood Collection – Photographs and Autographs [81413].

Doyle New York. End of Summer Sale – Prints [81413].

RR Auction. Autographs [413]. 1,662 lots

Thurs. Aug. 15

Bloomsbury Auctions. Bibliophile [36072].

Heritage Auctions. Rare Books [201333]. Online bidding ending today.

It’s quiet but not for much longer.

Bruce McKinney

Auction Update Review

10, 9, 8