Auction Update Review

We're off

For the week ending Saturday September 1st, 2012 16 auctions were archived to the AED; 1 in Mexican pesos, 1 in Australian dollars, 7 in US dollars and 7 in British pounds.  Turnover was light at $1,511,409.  Four thousand and seventy-seven lots were offered and 3,225 sold for a 79% success rate.  The strongest sale results were achieved at Lyon and Turnbull, the UK auction house.  They offered rare books, maps and manuscripts on August 29th and realized $624,088, 130% of their aggregate high estimate for all lots.

 

For the week three auctions reached 100% of their total high estimate:

 

Lyon and Turnbull.  Rare Books, Maps and Manuscripts on August 29th:  130%

Rupert Toovey and Co.  Photographs, Autographs and Ephemera on August 14th:  127%

Rupert Toovey and Co.  Prints on August 15th:  116%

 

Five sales sold 80% or more of their lots:

 

Heritage Auctions.  Posters.  Online bidding ended July 15th:  96%

Heritage Auctions.  Comics.  Online bidding ended July 15th:  95%

Australian Book Auctions.  Books on August 27th:  90%

Lyon and Turnbull.  Rare Books, Maps and Manuscripts on August 29th:  83%

Eldred’s.  Japanese Art on August 22nd:  80%

 

For the week ahead the fall season gets underway.  Fourteen sales are scheduled:

 

Mon. Sept. 3rd  Christie’s.  The London Sale [7858].  51 lots

 

Tues. Sept. 4th                        Bruun Rasmussen.  Books [1236].  247 lots

 

Wed. Sept. 5th                        Old World Auctions.  Maps, etc. [141].  803 lots

 

Thurs. Sept. 6th          Antiquarian Auctions.  Rare Books online bidding ends today [21].  382 lots

                                    Heritage Auctions.  Rare Books online bidding ends today.

 

Fri. Sept. 7th                Keys Fine Arts.  Prints [1044].  391 lots.

                                    Skinner, Inc.  Fine Prints [2609B].  251 lots

 

Sat. Sept 8th                Clars Auction Gallery.  Prints, Photographs [90812]

                                    Guernsey’s.  The Roger Tory Peterson Auction [31203].  558 lots

                                    Neal Auction Co.  Fall Estates Auction [90812].   7 selected lots

 

Sun. Sept. 9th              Clars Auction Gallery.  Prints, Photographs [90812]

                                    National Book Auctions.  Books, Art, Ephemera and Collectibles [90912]

                                    National Book Auctions.  Books and Ephemera – Grosz, Maps, Coins, Dickens, etc. [09092012]

                                    Neal Auction Company [90812].  7 selected lots

 

It promises to be a complex fall season.

 

Bruce McKinney

AE

September 2nd, 2012