Auction Update Review
The Fall Auction Season Looms
For the week ending Saturday August 16th 24 auctions were archived to the AED; 3 in euros, 7 in British pounds, and 14 in US dollars. Turnover was $6,144,427 as 7,064 lots were offered and 5,935 sold for an 84% success rate.
Among the results this week is the outcome of the single lot sale of the contents of an antiquarian bookshop in Denmark. The auction was conducted by Bruun Rasmussen. The more than 20,000 book lot brought US$17,587. Large lots can be difficult to sell.
<--- Addison and Sarova. Rare Books in All Fields on August 23rd. The image is a link to their catalogue.
1 auction saw their total proceeds reach a million dollars:
Heritage Auctions. Comics on August 9th: $5,178,197
4 auctions saw total sales exceed 100% of the high estimates of all lots offered:
Rupert Toovey and Co. Photographs, Autographs, Printed and Manuscript Ephemera on August 12th: 191.05%
Northeast Auctions. ANNUAL SUMMER AMERICANA AUCTION on August 3rd: 154.56%
Keys Fine Arts Auctioneers. Books - Day 2 on August 1st: 142.85%
Bruun Rasmussen. Old Master Prints on August 11th: 114.62%
10 sales saw at least 80% of their lots sell:
Bruun Rasmussen. Danish antiquarian bookshop with 20-25.000 book titles. on August 12th: 100.00%
Heritage Auctions. Comics on August 9th: 99.88%
Heritage Auctions. Comics -Internet bidstart 8/3 on August 10th: 99.79%
Heritage Auctions. Movie Posters - Internet bidstart 8/3 on August 10th: 95.49%
Rupert Toovey and Co. Photographs, Autographs, Printed and Manuscript Ephemera on August 12th: 92.50%
Northeast Auctions. ANNUAL SUMMER AMERICANA AUCTION on August 3rd: 88.89%
Grogan and Company. The Estate of Celia Thaxter Hubbard - Prints, Photos, Ephemera on August 1st: 86.36%
Bruun Rasmussen. Modern and Contemporary Prints on August 12th: 85.71%
Clars Auction Gallery. Prints on August 10th: 82.35%
Clars Auction Gallery. Books and Prints on August 9th: 82.32%
For the week ahead 11 sales are scheduled:
Mon. Aug. 18th
Bruun Rasmussen. Copenhagen. Modern and Contemporary Prints. 33 lots
Tue. Aug. 19th
James D Julia Auctioneers. Fairfield. Fine Art, Asian and Antiques. 73 lots
Thu. Aug. 21st
Heritage Auctions. Dallas. Rare Books - Internet bidstart 8/14. 455 lots
RR Auction. Amherst. Animation Auction - Online bidstart 8/14. 497 lots
Morton Casa de Subastas. México DF CP 11000. Prints. 107 lots
Heritage Auctions. Dallas. Lomasney Vintage Movie Art Posters Benefiting Lifebeat Monthly Internet Charity Auction. 82 lots
Sat. Aug. 23rd
Heritage Auctions. Dallas. Entertainment. 528 lots
Addison and Sarova. Macon. Rare Books in All Fields. 131 lots
Sun. Aug. 24th
Heritage Auctions. Dallas. Comics - Internet bidstart 8/17.
Heritage Auctions. Dallas. Movie Posters - Internet bidstart 8/17.
National Book Auctions. Ithaca. Books, Art, Ephemera, and Collectible.
One experienced department head at a leading auction house remarked to me over lunch this past week, "it's going to be a busy fall." It certainly feels that way.
Bruce McKinney
AE