Auction Update Review

Nopreview

Week 13, Spring 2010, Six Auctions Archived during the week of April 5 - April 11, 2010

For the week ending April 10th six auctions were archived on the Americana Exchange, two denominated in dollars, two in pounds, and two in Euros. Sixty-four percent of all lots sold. Turnover was $3.4 million primarily on the strength of the James D. Julia sale of 131 lots of Washingtoniana, early military and diplomatic history. A single contemporary hand drawn map of Yorktown, in the sale, brought $1,150,000. The Julia sale was held on February 4th and 5th but archived only a few days ago.

This past Thursday Swann offered the first of nine sales scheduled by New York auction houses scheduled around the ABAA Book Fair. Their's was the Otto Penzler Collection of Fiction. As is their norm, the sell-through was strong: 77%. By this coming Friday the other eight sales will move from prospective to post-mortem and we'll have a substantial dataset for assessing the market.

The ABAA Book Fair, which ended today, appears to have achieved a substantial success. So too for the Shadow Fair. Both shows saw steady crowds of motivated collectors. If auctions can also deliver solid performances this week the field may pronounce itself "recovered" from the downturn that is now in its second year. Where prices stabilize is a separate issue. Auction realizations have been drifting down, libraries buying less, and collectors feeling wary. The downturn has probably done some permanent damage to the more common rarities so stabilization and adjustment will be ongoing.

For those lucky enough to visit New York for the ongoing book events its a great experience. In addition to the shows and auctions there is also the New York Public Library and the New York Historical Society, both very worthwhile stops.

This said, the only constant continues to be change, recently change for the better.

Bruce McKinney

AE

  • <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>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