The Future of the Past

- by Bruce E. McKinney

Numbers tell the story

Collectible paper has been prospering in the auction rooms for many years.  Over the prior 15 years it has been a given that the annual numbers would slowly increase.  When Covid hit no one knew what would happen and it turned out in 2020 that the book auctions would became the beneficiary of the stay-at-home health policies that reduced or eliminated shows and closed shops.

 

The question would be whether the upsurge in lots, prices, and traffic would hold and today we know.  The surge has held and our month to month records for the past 4 years suggest that old paper at auction will be maintaining, into 2024, the billion dollar pace we first saw in 2021.

 

Here are some charts to think about.

 

Year Month Events Total Lots Lots Sold
2023 1 168 41,969 35,764
2023 2 189 45,318 37,697
2023 3 228 59,741 48,673
2023 4 204 49,723 40,038
2023 5 219 64,325 48,431
2023 6 228 58,775 44,758
2023 7 186 50,091 41,070
2023 8 151 33,377 27,002
  Total 1573 403,319 323,433
         
  2 0 2 2
Year Month Events Total Lots Lots Sold
2022 1 169 41065 34,970
2022 2 176 46829 39,596
2022 3 209 50250 40,806
2022 4 206 52659 43,429
2022 5 230 70657 51,394
2022 6 217 58069 46,732
2022 7 184 50157 40,965
2022 8 134 29170 25,839
  Total 1525 398,856 323,731
         
  2 0 2 1
Year Month Events Total Lots Lot Sold
2021 1 146 36432 32,469
2021 2 152 40993 35,469
2021 3 188 47389 39.426
2021 4 186 48225 38,681
2021 5 186 63921 51,371
2021 6 239 64246 52,446
2021 7 179 52741 39,558
2021 8 142 37459 33,682
  Total 1418 391,406 283,715
         
  2 0 2 0
Year Month Events Total Lots Lots Sold
2020 1 128 34180 29,956
2020 2 126 35289 28,095
2020 3 143 39760 33,536
2020 4 126 34465 29,883
2020 5 140 46153 38,062
2020 6 190 52496 42,475
2020 7 163 45589 35,784
2020 8 120 27823 24,034
  Total 1136 315,755 261,825