Auction Update Review
The Sun Also Rises
For the week ending March 3rd,
2012 thirteen auctions were archived; five in dollars, two in Mexican Pesos,
one in British Pounds and five in Euros.
Five thousand nine hundred and thirty-one lots were offered and 4,929
sold for an 83% success rate. Total
sales were $12,434,885, 172% of the aggregate high estimate of $7,137,080. What accounted for the spectacular
performance? Two words: Heritage and comics. Keep this up and soon both Lincoln and
Washington will need to wear capes to achieve great results.
Heritage achieved something
rare. They offered 1,848 lots in the
vintage comic book category and sold 1,840 of them, for a 99.4% sales
rate. They also tripled the high
estimate of $2,877,363. Auction results
do not get better than that.
Five sales reached or exceeded 100%
of their total high estimate for all lots offered.
Heritage Vintage
Comics on February 22-24: 306%
Ferraton Books and
Cartographies, second vacance on February 18th: 169%
Ferraton Books and
Cartographies, first vacance on February 17th: 163%
Bruun Rasmussen. Old
Prints on February 29th: 120%
Alde Jacques
Montessaro Library 1 on February 27th: 107%
For the week ahead 12 sales are
scheduled:
Tuesday March 6th: Bruun Rasmussen. Modern Prints (827)
Bruun
Rasmussen. Modern Prints (1210a)
Piasa. Ancient and Modern Books (18212)
Wed, March 7th: Bruun Rasmussen. Old Prints (1210b)
Dominic
Winter Book Auctions. Printed Books and
Maps (30712)
Doyle
New York. Doyle at Home (12DF03)
Thurs. March 8th: Dominic Winter Book Auctions. Photography (30812)
Swann
Galleries. Jean-Emile LaBoureur: Prints, Paintings & Livres D’Artiste
/ 19th
& 20th Century Prints & Drawings (2272)
Sat. March 10th: Coutau-Begarie. Comic Strips (18764)
Marc
van de Wiele Auctions. Books Part 1 (41)
Marc
van de Wiele Auctions. Books Part 2 (42)
Neal
Auction Company. Prints (31012)
The market seems caught between
lust and fear.
Bruce McKinney
AE
4 March 2012
