Rare Book Monthly

Articles - July - 2013 Issue

Heritage Adding Live Bidding to their Weekly Internet Book and Autograph Auctions

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A recent Weekly Book Auction

The only constant in the old and rare book business these days is change and Heritage once again is changing the structure of their weekly book and autograph auctions to give bidders additional time to counter what has been a flurry of last second electronic bids placed via Bidnapper and other similar software.  Such software lets invisible bidders step in with a few seconds to go and walk off with bargains that would potentially have achieved higher realizations if other bidders were aware and had the opportunity to respond.

In Heritage’s revised format the final two hours of the sale will see each lot sold individually rather than having all lots close at the same time.  A theoretical lot 47 would open in the final session at the highest price archived to that point through active online bidding and then in the final live segment have one further opportunity to bid.

James Gannon, Director of Rare Books said about this change, “We are very excited about the prospects for this new live auction ending to our weekly Internet rare book and autograph auctions. It creates some level of excitement and anticipation that we think will be fun for our bidders and for our consignors to watch in real time.”

In trying to balance the demands of sellers and buyers Heritage has been innovative and original.  With their recent announcement of these changes it's clear they are continuing to innovate.

For the field it’s important.

Link to Heritage’s current Weekly Auction

Rare Book Monthly

  • <b>Swann Auction Galleries Aug 13:</b> <i>Manhattan Gay Scene Guide 1969, Summer Edition,</i> Mattachine Book Service. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 13:</b> Harvey Milk, 2 autograph letters signed, to Pat Mormon, during US Navy service, 1954. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 13:</b> Oscar Wilde, <i>“The secret of life is in Art,”</i> autograph quotation dated and signed, 1882. $4,000 to $6,000.
    <b>Swann Auction Galleries Aug 13:</b> Daniel Abraham, original art for <i>Stonewall Romances,</i> pen, ink & gouache, 1979. $2,000 to $3,000.
    <b>Swann Auction Galleries Aug 13:</b> Antonio Lopez, 9 men’s fashion studies, graphite, 1974. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 13:</b> Susie Gaynes & Amy E. Bartell, <i>March on Washington for Lesbian and Gay Rights,</i> 1987. $600 to $900.
    <b>Swann Auction Galleries Aug 13:</b> <i>Paris is Burning,</i> photo offset poster by Anne Dutlinger, signed by film director Jennie Livingston, 1991. $400 to $600.
    <b>Swann Auction Galleries Aug 13:</b> Toyen, pen & ink illustration from <i>Marquis de Sade: Justina cili prokletí ctnosti,</i> 1932. $8,000 to $12,000.
    <b>Swann Auction Galleries Aug 13:</b> David Wojnarowicz, <i>Untitled (Genet with Dog),</i> mixed media collage. $8,000 to $12,000.

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