Auction Trends Updated: Reality
A week ago we updated the auction trend charts. They tell an interesting story: Auction Trends Charts December is almost always a positive month for book auctions. The best material often comes out in the fourth quarter and it’s bound to achieve high prices even if the outcomes are less than some consignors hope. The median price increased $20 from the October low of $342 but was still well below the $378 median a year earlier. As the 12 Month Moving Average of Median Auction Prices chart shows auction realizations are still caught in the downward trend that dates from February 2008. ...