AE has updated its “Trends in Book Auction Prices” providing evidence the muted recovery, as measured by median lot realizations, that took hold in March 2009 continues to find traction today. The median lot value in April was $369, up from the low of $350 made in April 2010 but far below the high of $482 achieved in March 2008. These results suggest the market will continue to recover at a modest rate for at least another year.
Some distortion in the numbers may be due to more material being diverted into the rooms. If a dealer’s sales are soft the ready option is always to send expendables into the rooms. Probably weighing down prices overall is the increasing volume of material on offer. This past April close to a hundred sales took place. Five years ago this was an unthinkable number.
At the same time the houses seem to be requiring lower reserves if not estimates. The business makes money north of 70% and the 12-Month Moving Average of Sell Through is now reflecting a 2% decline from the previous 70%. The rate of sale is probably the most crucial metric for a house in determining its strategy.
Within these statistics there is another story, the relationship between auction and dealer sales. We have no hard data on dealer sales but believe that auction hammer prices [to which auction commission must be added] are barely 50% of dealer retails before discounts.
Taken together, this is probably what the recovery in the rare book trade looks like in a world economy that takes its temperature every 24 hours and keeps asking “Am I okay?”
Heritage Auctions, May 8-9:The New-England Primer Improved. For the more easy attaining the true reading of English. Boston: Printed and Sold by John Boyles, 1770. EXTREMELY RARE AMERICAN PRIMER.
Heritage Auctions, May 8-9: Lansford W. Hastings. The Emigrants’ Guide to Oregon and California. Cincinnati. George Conclin, 1845. THE VERY RARE FIRST EDITION IN THE SCARCE ORIGINAL PRINTED WRAPPERS.
Heritage Auctions, May 8-9: J. D. Salinger. The Catcher in the Rye. Boston, 1951. first edition, a fine copy, in an unrestored first issue dust jacket.
Heritage Auctions, May 8-9: Charles Dickens. A Christmas Carol. In Prose. Being a Ghost Story of Christmas. London: Chapman & Hall, 1843. THE VERY FINE A.E NEWTON COPY.
Heritage Auctions, May 8-9: J. K. Rowling. Only known complete set of full unbound imposed sheets for the First Edition of Harry Potter and the Philosopher's Stone. London: Bloomsbury, 1997.
Heritage Auctions, May 8-9: Jane Austen. Sense and Sensibility: A Novel in Three Volumes. By a Lady. London: for the author by C. Roworth and published by T. Egerton, 1811. FIRST EDITION IN A CONTEMPORARY BINDING.
Heritage Auctions, May 8-9: J. R. R. Tolkien. The Lord of the Rings Trilogy. First Editions, First Impressions. London: George Allen & Unwin Ltd., 1954-1955. A VERY FINE SET.
Heritage Auctions, May 8-9: Declaration of Independence. In: The Pennsylvania Ledger: Or the Virginia, Maryland, Pennsylvania, and New-Jersey Weekly Advertiser. Philadelphia: James Humphreys, No. LXXVII, 13 July 1776.
Heritage Auctions, May 8-9: William Shakespeare. Mr. William Shakespear's Comedies, Histories, and Tragedies. London, 1685. THE FOURTH FOLIO.
Heritage Auctions, May 8-9: Frank Herbert. Dune. Philadelphia and New York: Chilton Books, 1965. FIRST EDITION, SIGNED BY THE AUTHOR.
Sotheby's Sell Your Fine Books & Manuscripts
Sotheby's Sell Your Fine Books & Manuscripts
Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
Sotheby's Sell Your Fine Books & Manuscripts
Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR
Fonsie Mealy’s Rare Books & Collectors’ Sale April 30th & May 1st
Fonsie Mealy’s Rare Books & Collectors’ Sale April 30th & May 1st
Fonsie Mealy’s, Apr 30-May 1: Taylor (Geo.) & Skinner (A.) Maps of the Roads of Ireland, Surveyed 1777. Lond. & Dublin 1778. €500 to €750.
Fonsie Mealy’s, Apr 30-May 1: Messingham (Thos.) Florilegium Insulae Sanctorum seu Vitae et Acta Sanctorum Hibernia, Paris 1624. €350 to €500.
Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus). The Haw Lantern, L. (Faber & Faber) 1987, First Edn., Signed and dated. €225 to €350.
Fonsie Mealy’s, Apr 30-May 1: Valencey (Lt. Col. Chas.) Collectanea de Rebus Hibernicis, Vols. I-IV, 4 vols. Dublin 1786. €400 to €600.
Fonsie Mealy’s, Apr 30-May 1: Powerscourt (Viscount). A Description and History of Powerscourt, Lond. 1903. €350 to €500.
Fonsie Mealy’s, Apr 30-May 1: Moryson (Fynes). An Itinerary ... Containing His Ten Yeeres Travel Through the Twelve Dominions of Germany, Bohermerland, Sweitzerland…, Lond. (John Beale) 1617. €700 to €1,000.
Fonsie Mealy’s, Apr 30-May 1: After Buffon, Birds of Europe, c. 1820. Approx. 120 fine hd. cold. plts., mor. backed boards. €125 to €250.
Fonsie Mealy’s, Apr 30-May 1: Dunlevy (Andrew). An Teagasg Criosduidhe De Reir Ceasda agus Freagartha... The Catechism or Christian Doctrine by Way of Question and Answer, Paris (James Guerin) 1742. €400 to €700.
Fonsie Mealy’s, Apr 30-May 1:The Georgian Society Records of Eighteen-Century Domestic Architecture in Dublin, 5 vols. Complete, Dublin 1909-1913. €500 to €750.
Fonsie Mealy’s, Apr 30-May 1: Scale (Bernard). An Hibernian Atlas or General Description of the Kingdom of Ireland, L. (Robert Sayer & John Bennet) 1776. €625 to €850.
Fonsie Mealy’s, Apr 30-May 1: [Johnson (Rev. Samuel)]. Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,L. (Langley Curtis) 1682. €300 to €400.
Fonsie Mealy’s, Apr 30-May 1: Nichlson (Wm.) Illustrator. An Almanac of Twelve Sports, Lond. 1898. €300 to €400.
Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) trans. The Light of the Leaves, 2 vols., Mexico (Imprenta de los Tropicos/Bunholt) 1999. €1,500 to €2,000.
Fonsie Mealy’s, Apr 30-May 1: Fleming (Ian). Moonraker, L. (Jonathan Cape) 1955. €1,500 to €2,000.
Bonhams, Apr. 21-29: ANDERSEN'S EXTREMELY RARE FIRST APPEARANCE IN PRINT. "Scene af: Røverne i Vissenberg i Fyen." in Harpen, 1822.
Bonhams, Apr. 21-29: FIRST ISSUE OF THE FIRST THREE FAIRY TALE PAMPHLETS, WITH ALL INDICES AND TITLE PAGES. Eventyr, fortalte for Børn. 1835-1837.
Bonhams, Apr. 21-29: THE FIRST FAIRY TALES WITH A SIGNED CARTE DE VISITE OF ANDERSEN AS FRONTIS. Eventyr, fortalte for Børn. 1835-1837.
Bonhams, Apr. 21-29: KARL LAGERFELD. Original pastel and ink drawing in gold, red and black for Andersen's The Emperor's New Clothes (1992), "La cassette de l'Empereur."
Bonhams, Apr. 21-29: PRESENTATION COPY OF THE SIXTH PAMPHLET FOR PETER KOCH. Eventyr, Fortalte For Børn, Second Series, Third Pamphlet. 1841. Publisher's wrappers, complete with all pre- and post-matter.
Bonhams, Apr. 21-29: HANS CHRISTIAN ANDERSEN RARE AUTOGRAPH QUOTATION SIGNED IN ENGLISH from "The Ugly Duckling," c.1860s.
Bonhams, Apr. 21-29: HEINRICH LEFLER, ORIGINAL WATERCOLOR FOR ANDERSEN'S SNOW QUEEN, "Die Schneekönigin," 1910.
Bonhams, Apr. 21-29: FIRST EDITION OF ANDERSEN'S FAIRY TALES IN ENGLISH. Wonderful Stories for Children. London, 1846.
Bonhams, Apr. 21-29: ANDERSEN ON MEETING CHARLES DICKENS. Autograph Letter Signed ("H.C. Andersen") in English to William Jerdan, July 20, 1847.
Bonhams, Apr. 21-29: PRESENTATION COPY FOR EDGAR COLLIN. Nye Eventyr og Historier. Anden Raekke. 1861.
Bonhams, Apr. 21-29: DOLL HOUSE FURNITURE BY HANS CHRISTIAN ANDERSON, DECORATED WITH FANTASTICAL CUT-OUTS, for the children of Jonna Stampe (née Drewsen), his godchildren.
Bonhams, Apr. 21-29: PRESENTATION COPY FOR GEORG BRANDES. Dryaden. Et Eventyr fra Udstillingstiden i Paris 1867. 1868.
![Fonsie Mealy’s, Apr 30-May 1: [Johnson (Rev. Samuel)]. Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,L. (Langley Curtis) 1682. €300 to €400.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/e08f39b2-647e-4890-9a6d-b744e07a6c91.jpg "<b>Fonsie Mealy’s, Apr 30-May 1:</b> [Johnson (Rev. Samuel)]. <i>Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,</i>L. (Langley Curtis) 1682. €300 to €400.")
