Auction Update Review

Nopreview

It was the week before Christmas and . . .

 

For the week ending Saturday December 21st 34 auctions were archived to the AED, 17 in euros, 2 in British pounds, and 15 in US dollars..  Twleve thousand six hundred and fifty-nine were offered and 8,911 sold for a 70.3% success rate.  Total turnover was $17,705,864.

 

For the week ending Saturday December 21 4 auctions saw their total proceeds reach a million dollars: 


Sothebys. Bibliothèque littéraire Raoul Simonson – Albert et Monique Kies – Seconde partie on December 18th: $2,131,489
Galerie Bassenge. Prints on November 28th: $1,260,905
Ader. Letters and Autographs on December 17th: $1,044,768
Sothebys. Important Judaica on December 17th: $1,013,751

For the week 10 auctions saw total sales exceed 100% of the high estimates of all lots offered in the sale: 

Galerie Bassenge. Photographs on December 4th: 239.63%
Ader. Letters and Autographs on December 17th: 224.24%
Sothebys. Bibliothèque littéraire Raoul Simonson – Albert et Monique Kies – Seconde partie on December 18th: 187.22%
Swann Galleries. Printed and Manuscript Americana on October 10th: 143.19%
Henri Godts Books and Prints Auctions. Books on December 17th: 126.96%
Ferraton. Books and Prints, Part 2 on December 14th: 124.25%
Ferraton. Books and Prints, Part 1 on December 13th: 116.63%
Bruun Rasmussen. Old Master Prints on December 16th: 114.24%
Galerie Bassenge. Prints on November 28th: 100.89%


For the week sales saw at least 80% of their lots sell: 

Bruun Rasmussen. Old Master Prints on December 16th: 100.00%
Heritage Auctions. Comics - Internet bidstart 12/8 on December 15th: 99.00%
Galerie Bassenge. Photographs on December 4th: 93.75%
Sothebys. Bibliothèque littéraire Raoul Simonson – Albert et Monique Kies – Seconde partie on December 18th: 92.50%
Heritage Auctions. Posters - internet bidstart 12/8 on December 15th: 91.67%
Heritage Auctions. Rare Books - Internet bidstart 12/12 on December 19th: 86.86%
Lancaster Mennonite Historical Society. Rare and Used Books on December 13th: 86.09%
Swann Galleries. Printed and Manuscript Americana on October 10th: 84.45%
Ferraton. Books and Prints, Part 1 on December 13th: 82.63%
Ader. Letters and Autographs on December 17th: 82.02%
Bonhams. Asian Decorative Art on December 18th: 80.49%

For the week ahead 1 sale is scheduled:

Thu. Dec. 26th
Heritage Auctions. Dallas. Rare Books - Internet bidstart 12/19. 336 lots

The week ahead will be as quiet as the last year has been boisterous.  The quiet will be short-lived but appreciated.  

 

Best Wishes

 

Bruce McKinney

AE