Auctions

2021 will go down, among other things, as the year with a lot of people having a lot more money than they know what to do with. Aggressively escalating rare book prices set the tone for future market conditions: scarcity wrapped in higher prices. Is $471,000 too much to pay for a J. K. Rowling, […]

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Rare Book Optimal Pricing

by jim on November 9, 2021

How can rare book sellers determine the optimal price for their items brought to market? If the price is set too high, the buyers may not bid to buy, if the price is set too low, the stock may be sold below optimal pricing. The information that is needed to set the right price for […]

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When an auction generates astonishing excitement in view of both the quality and quantity of books being offered, the excitement is also reflected in the prices realized. Even if the prices are often unrealistic, for many buyers, the auction remains a remarkable event that is worth the extra expense. High emotions are exactly the ingredients […]

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  In 1977-78 Sotheby Parke Bernet Inc., held 3 auction events with the titles Important Modern First Editions and Fine Modern First Editions.  They included the rare book collection of Jonathan Goodwin, one of the greatest collectors of the 20th century. The 865 lot sale was broken in Part One Sale, (March 29, 1977), Part […]

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In terms of total dollars, global auction sales of rare books in the 2nd and 3rd quarters of 2016 were slightly down from the same period in 2015; this year’s $87 million figure, for the period, represents a 6% decrease compared to last year. But a closer look at the top three markets – the […]

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Do Jules Verne’s works categorize as science fiction? The French author who has been called the “Father of Science Fiction”, along with authors such as H. G. Wells, Hugo Gernsback, Lucian of Samosata and Mary Shelley, often argued against classifying his novels as scientific. In fact, he has often been labeled a writer of genre […]

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Auction Activity Signals

by Admin on February 19, 2016

Last year’s financial results from two of the largest auction houses have signaled the prospect of an art-market slowdown. Christie’s reported $6.5 billion in auction sales for the year, down 4% from a year ago, while rival Sotheby’s reported $6 billion last year, down 2% from a year earlier. Furthermore, this year’s art auctions got […]

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It has the chemistry of a major hit – importance, scarcity, artistic impression, controversy, and mystique. Yet the small imprint of Editions Narcisse, later renamed Black Sun, has not performed like a major hit. It all became obvious a year ago during the Sotheby’s Fine Books & Manuscripts, Including Americana, auction event, held in New […]

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A 16-page Don McLean manuscript, featuring the lyrics of the iconic song, American Pie, including the writer’s notes and an extra verse which was never recorded, was auctioned by Christie’s in New York on April 7, 2015. The manuscript achieved the 3rd highest auction price for an American literary manuscript selling for $1,205,000 (€1,109,182), including […]

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The Rare Book Sale Monitor (RBSM) analyzes prices of rare books traded at on-line marketplaces, auctions and various book fairs to report valuation trends by genre and author.  The data collection process remained relatively static since the original collection was built back in 2011. The RBSM engine, however, has undergone several improvements in order to […]

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