Auction Update Review

Auctions: The Pace Quickens

For the week ending Saturday March 17th 20 auctions were archived in the AED; 9 denominated in Euros, 3 in British Pounds, 8 in US dollars.  Five thousand one hundred and eighty lots were offered and 4,108 sold for a 79% success rate.  Total turnover was $11,808,311, a number exaggerated by Christie’s successful sale of photographs on March 12th that brought in $5,903,250 for 36 lots.  The other 19 sales and their 4,072 lots raised $5,905,081. 

 

Five sales reached or exceeded 100% of their total high estimate:

 

Neal Auctions.  Prints on March 10th:  751%
Christie's.  Masterworks by William Eggleston on March 12th:  176%

Dorotheum.  Prints on March 12th:  149%

Sotheby’s.  The Collection of Giovanni and Gabriella Barilla on March 14th:  139%

Lyon and Turnbull.  The Blair Sale on March 14th:  104%

 

For the week ahead 20 sales are scheduled:

 

Monday Mar 19th      Rossini.  Posters [18630]

 

Tuesday Mar 20th     Bruun Rasmussen.  Prints [1212]

 

Wed’day Mar 21st     Alde.  Ancient and Modern Books [18893]

                                    Bloomsbury Auctions.  Travel and Natural History [35878]

                                    Bruun Rasmussen.  Prints [1212 continued]

                                    Christie’s.  Books [4802]

                                    Rupert Toovey and Co.  Prints [1025]

                                    Webb’s.  C. L. Thomas Collection [032112]

 

Thursday Mar 22nd   Ader.  Books of Photos [18833]

                                    Alde.  Library of an Amateur [18316]

                                    Cowan’s Auctions.  Online American History [262]

                                    Heritage Auctions.  Rare Books [201212]

 

Friday Mar 23rd         Heritage Auctions.  Vintage Movie Posters [7055]

                                    Venator and Hanstein.  Buch und Graphikauktionen [122]

 

Saturday Mar 24th    Cottone.  Prints [62]

                                    Dirk Soulis.  Spivey, Phase III [30112]

                                    Ferraton.  Prints [18448]

                                    Heritage Auctions.  Vintage Movie Posters [7055]

                                    Morton Casa de Subastas.  Books, Documents and Prints [627]

                                    Venator and Hanstein.  Buch und Graphikauktionen [123]

 

The pace continues to quicken.

 

Bruce McKinney

AE

March 18th, 2012