Auction Update Review

On a clear day you can see forever

For the week ending Saturday July 28th 12 auctions were archived to the AED; 3 in British pounds and 9 in US dollars.  Four thousand and seventy-nine lots were offered and 3,548 sold for a robust 87% rate of sale.  Sales totaled $4,160,457, 99.48% of the aggregate high estimate.  The market may be on holiday but the message did not reach the rooms.

 

Three sales reached 100% of the total of their high estimates:

 

Dominic Winter.  Medical Books, Pamphlets & Manuscripts on July 26th:  146%

Heritage Auctions.  Vintage Movie Posters ending 7/25/12:  115%

Dominic Winter.  Printed Books, Maps and Documents on July 25th:  107%

 

Two sales reached $1,000,000:

 

Heritage Auctions.  Vintage Movie Posters ending 7/25/12:  $1,458,190

Christie’s.  Prints and Multiples on 7/25/12:  $1,149,321

 

Eight [of 12] sales saw 80% or more of their lots sell:

 

National Book Auctions.   Books and Ephemera, antique, ethnology, Adirondacks 7/8/12:  100%

Dominic Winter.  Medical Books, Pamphlets & Manuscripts Part II on 7/26/12:  95%

Heritage Auctions.  Rare Books ended 7/26/12:  93%

Heritage Auctions.  Vintage Movie Posters ending 7/25/12:  90%

Christie’s.  Prints and Multiples on 7/25/12:  88%

Bonhams.  Asian Works of Art on 7/22/12:  87%

Dominic Winter.  Printed Books, Maps and Documents on 7/25/12:  86%

Eldred’s.  Marine Art, Part I on 7/29/12:  80%

 

For the week ahead 6 auctions are scheduled:

 

Wednesday Aug. 1st Eldred’s.  Americana [748].  68 lots

                                    Swann’s Galleries.  Vintage Posters [2284].  549 lots

 

Thursday Aug. 2nd     Eldred’s.  Americana continuing [748].  68 lots

                                    Heritage Auctions.  Rare Books ending 8/2/12.  432 lots

                                    PBA Galleries.  Illustrated and Children’s Books [485].  309 lots

 

Friday Aug. 3rd           Eldred’s.  Americana ending [748].  68 lots

 

The summer quiet is here but the calendar suggests the respite will be brief.

 

Bruce McKinney

AE

Sunday July 29th, 2012