Rare Book Monthly

Articles - July - 2024 Issue

Auctions in a time of uncertainty

Auctions are thriving

Auctions are thriving

Collectible paper at auction has been on a tear post-Covid and now we’re entering a period of political uncertainty.  To understand how the auctions and their consignors are responding, our auction data provides perspective on how the market is unfolding.

 

Given this, here are possible projections for 2024.

 

The auctions we posted and completed through 30 May, 2024, are showing substantial growth both for the number of auctions and lots posted.

 

I then compared both the number of auctions and lots posted for January – May for the past 3 years to see what their January - May numbers turned into for their full years. On average J-M’s numbers turned out to be 40% what the full year’s results became.*  This means this year's 1,158 sales are projecting 2,907 sales for the full year.  If so, Golly Gee Willikers!

Year J-M

Auctions

Lots

 

2021

858

236,960

 
       

2022

990

261,460

 
       

2023

1008

261,076

 
       

2024

1158

284,489

 

 

 

Full Year 

Lots Offered

Lots Sold

% Sold

2.5 x J-M

2319

636,853

522,032

                   82%

2.7

         

2354

626,346

504,795

81%

2.38

         

2480

658,433

525,433

80%

2.46

         

2,907

714,067

571,254

78%

2.51

 

 

            And can we reach a billion dollars for collectible paper again?

 

The answer is yes if the average sale is $1,750.05.

 

All this said, we have no idea how this year’s political uncertainty is going to affect consignments.  Right now, it’s full speed ahead!

           


Posted On: 2024-07-08 16:49
User Name: shakey

These numbers seem similar to the the CPI number. If you include certain items and exclude others, the numbers can be anything you want them to be.


Rare Book Monthly

  • Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    28th May 2026
    Forum, May 28: Book of Hours.- Heures de nostre dame a l'usaige de Romme, Paris, Antoine Chappiel pour Germain Hardouin, [1504]. £6,000-8,000
    Forum, May 28: Colonna (Francesco). La Hypnerotomachia di Poliphilo, second edition, Venice, Sons of Aldus Manutius, 1545. £15,000-20,000
    Forum, May 28: The Christ Child holding a crystal orb and surrounded by banderoles with devotional exhortations, on a leaf most probably from a Book of Hours, [Southern Netherlands, last decades of the fifteenth century]. £2,000-3,000
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    28th May 2026
    Forum, May 28: Jackson (Shirley). The Haunting of Hill House, first English edition, signed presentation inscription from the author to Claude Fredericks, 1960. £2,000-3,000
    Forum, May 28: Lennon (John). In His Own Write, first edition, first impression, signed by the author, 1964. £3,000-4,000
    Forum, May 28: Doves Press.- Keats (John). [Poems], one of 200 copies on paper, Doves Press, 1914. £5,000-7,000
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    28th May 2026
    Forum, May 28: Rodrigues (João Barbosa). Sertum Palmarum Brasiliensium, 2 vol., first and only edition, Brussels, 1903. £8,000-12,000
    Forum, May 28: Newton (Sir Isaac). Philosophiae naturalis principia mathematica…editio ultima, auctior et emendatior, Amsterdam, Sumptibus Societatis, 1714. £8,000-12,000
    Forum, May 28: Kepler (Johannes). Ad Vitellionem paralipomena, wuibus astronomiae pars optica traditur, first edition, Frankfurt am Main, 1604. £5,000-7,000
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    28th May 2026
    Forum, May 28: Tagliacozzi (Gaspare). De Curtorum Chirurgia per insitionem, libri duo, first edition, Venice, Gasparo Bindoni, 1597. £7,000-10,000
    Forum, May 28: Lootsman (Jacobsz). The Lightning Colomne, or Sea-Mirrour, containing the Sea-Coasts of the Northern, Eastern and Western Navigation..., 1670. £8,000-12,000
    Forum, May 28: Ribelles y Helip (José), Attributed to. An album comprising 33 finely executed watercolours of Spanish costume, bull-fighting scenes, and other genre subjects, [circa 1830]. £10,000-15,000

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