Auction Update Review

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Week Eleven Fall 2009, Auctions Archived through 11.21.09

For the week ending 11/14/09 17 sales were archived: 6 in $, 2 in British Pounds, 8 in Euros and 1 in Swiss francs. Total sales, expressed in dollars, were $12,648,632. Twelve thousand five hundred seventy four lots were offered and 7,470 sold for a 59.4% sell-through. For the 6 sales priced in dollars 77% sold. For all others 56% changed hands. The results for the dollar denominated sales were encouraging, for sales in other currencies disappointing. Sales in the United States which suffered earlier this year, with reserves that were too high, seem to be quickly adjusting to lower buyer expectations. In Europe, which this past spring seemed almost exempt from the downward trend, there is apparent increasing resistance to reserves [as expressed by the below average sell-through rate]. European houses have consistently sold more than 75% of their lots. This past week, on high volume, only 56% changed hands.

If the experience in the United States holds, Europe can expect consignors and auction houses to get on the same page by Spring, 2010.

The average lot price for all auctions was $1,693, the dollar denominated lots $1,457, all others $1,751.

Bruce McKinney
AE

11.22.09

  • <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.
  • <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>Skinner, Nov. 2 – 12:</b> Laurie, Richard Holmes (1777-1858). <i>Fredonia or the United States of North-America</i> (Lot 1324, Estimate: $8,000-12,000)
    <b>Skinner, Nov. 2 – 12:</b> Stieglitz, Alfred (1864-1946). Edward Steichen's Personal Set of <i>Camera Work, Vol. 1-50</i> (Lot 1073, Estimate: $250,000-350,000)
    <b>Skinner, Nov. 2 – 12:</b> Austen, Jane (1775-1817). Rare Set of Five First Edition Works (Lot 1112, Estimate: $20,000-30,000)
    <center><b>Skinner: Fine Books & Manuscripts<br>November 2 – 12, 2020</b>
    <b>Skinner, Nov. 2 – 12:</b> Whitney, Josiah (1819-1896). <i>The Yosemite Book</i> (Lot 1083, Estimate: $6,000-8,000)
    <b>Skinner, Nov. 2 – 12:</b> Clemens, Samuel L., Theodore Roosevelt, et al. <i>Liber Scriptorum. The First Book of the Authors Club</i> (Lot 1123, Estimate: $3,000-5,000)
    <b>Skinner, Nov. 2 – 12:</b> Leonard, Herman LeRoy Williams (c. 1814-1872). <i>Oregon Territory</i> (Lot 1275, Estimate: $3,000-4,000)
    <center><b>Skinner: Fine Books & Manuscripts<br>November 2 – 12, 2020</b>
    <b>Skinner, Nov. 2 – 12:</b> King, Martin Luther, Jr. (1929-1968). Typed Letter Signed, 12 January, 1959 (Lot 1233, Estimate: $2,000-4,000)
    <b>Skinner, Nov. 2 – 12:</b> <i>Recens Edita totius Novi Belgii, in American Septentrionali,</i> Conrad Lotter, mid-18th century (Lot 1325, Estimate: $2,000-3,000)
    <b>Skinner, Nov. 2 – 12:</b> Hoppe, Emile Otto (1878-1972). <i>Deutsche Arbeit Bilder Vom Wiederaufstieg Deutschlands</i> (Lot 1041, Estimate: $500-700)
    <center><b>Skinner: Fine Books & Manuscripts<br>November 2 – 12, 2020</b>
    <b>Skinner, Nov. 2 – 12:</b> Audubon, John James (1785-1851). Capra Americana, Rocky Mountain Goat, Plate CXXVIII (Lot 1308, Estimate: $600-800)
    <b>Skinner, Nov. 2 – 12:</b> Manuscript Book of Returns from the 8th Massachusetts Regiment of Foot, 1779-1781 (Lot 1208, Estimate: $3,000-5,000)
    <b>Skinner, Nov. 2 – 12:</b> <i>Die Flache.</i> Vienna: Anton Schroll [1910] (Lot 1410, Estimate: $800-1,200)
    <center><b>Skinner: Fine Books & Manuscripts<br>November 2 – 12, 2020</b>