Review spring auction in Russia secondhand market

[Imperia]

Despite some quiet on the antiques market, from general financial instability in Russia's economy, and indeed the world, selling to secondhand market in Moscow are continuing and so far this year has already passed several noteworthy auctions. Experts of the auction house «Empire» analyzed the activities of the three associations engaged in the sale of antique and antiquarian books through auctions and this - the auction house Gelos " Auction House, "Empire" and auctions MJ Chapkinoy.
Analysis was performed on the basis of second-hand book catalogs of the three monthly auctions were held in "Gelos March 27, April 24 and May 30 this year, two used-book auctions, held on 28 March and 16 May in" Empire ", and two used-book auctions Chapkinoy held on 11 April and May 16.

The results of auctions

Results for the period for auction in the amount of the book was exhibited in 1201 at a total cost of 14 960 thousand rubles. (at starting prices), of which 880 items were sold. Thus, the proportion of lots sold (percentage of care) was 73%of the number of books exhibited. Total sales for the shaft considered period was 19 296 thousand rubles. The average increase in prices was 100%, in other words, on average, subjects went twice the starting price.

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Select the 30 most expensive lots in the past auctions. The amount of starts was 3 205 thousand rubles, the amount of abandonment 7 030 thousand rubles. The average increase in prices amounted to 2.6 times.
Revenues from sales of the entire number of books by three-quarters had been provided with the sale of 20%of the most expensive books, it was 11 512 thousand rubles, which corresponds to 60%of revenue. The remaining 80%of the books provided for the sale of 7 783 thousand rubles, which corresponds to 40%of revenue. This fact raises the question of the legality of selling cheap books. However, in our opinion, the sale of inexpensive books is necessary, because challenge the market to meet the needs of an increasing number of people potentially interested in buying and collecting second-hand and antiquarian books. This is certainly a positive effect on the market as a whole, expanding it and increasing consumer demand. Considering also that the price increase is not even, there is always the error of the expert with the definition of the price of launch, and the completeness of the price range makes it possible to correct it.

We now consider the range represented at the auction items. The most popular among collectors and collectors of books using literary and artistic type of media, the proportion of books of this type in the total number of books sold was 43%, and the total withdrawal of rubles from the sold items of this range was 5 076 thousand (26%of revenue).
The next significant amount of sold copies of the type of media - popular science, its share of care was 33%, but it provided a larger percentage of sales, withdrawal from the ruble sold items amounted to 8 984 thousand rubles.
Publications on art, auction organizers brought 4 712 thousand (24%of revenue), their share in the number of books sold was 15%.
Minimum of representation are children's, reference, information and industrial publications, and their common component in the care of 8%, and the amount of care all 524 thousand (3%of revenue).
Thus were the most profitable publications on art, with an average cost of the book is almost 34 thousand rubles. And the most widely available type of literary art to which almost every other book sold, proved to be less profitable with the average cost of books to 12,9 thousand rubles.

In conclusion I would like to note that the current state of the secondhand market can be characterized as developing in a positive direction. Books continue to be popular with collectors and connoisseurs of antiques. This in turn gives rise to and makes it relevant to present new proposals.

The full review can be found on our website:
http://www.auction-imperia.ru/news/67.htm

[Книжник]

An interesting study conducted Constance. Of course, the main objective is to show that second-hand market is not very exposed to the crisis. The second goal is advertising their places of work, and it is also correct. Of course, competent investment in old books are always in the future will bring tangible profits, but in the present, keep your savings. Key words here, LITERACY INVESTMENTS. In fact, all investigated by the author in Moscow auction does not reach ten, lots of really good, decent level of Sotheby's auction, and Christie. Research conducted on the results of auctions in Europe, unfortunately, held without the possibility to hold in the hands of the investigated materials. And, often, auction houses Sotheby's and Christie, sin misdescription, or something to keep back. Well, for example, low price of 4000 euros to Malevich's book "On the new systems in the art" due to the fact that the book is heavily restored, and the back cover, as I recall, when holding a copy of this in hand, in general, restoration of Xerox. Incidentally, almost all the books Russian avant-garde of the auction in Paris, were heavily restored, hence the results. In general, the paper is interesting, timely and useful to potential collectors and all interested in antiquarian books, including many commodity specialist. From one of the few trade experts who really know and love the book. Today, in times of economic crisis, the most actual sales in Russia are selling at auctions. They make it real, to date, prices for collectors. And in the antique business world, auctions are the suppliers for the antique shops and galleries. Books and autographs, bought at auction, in these galleries are sold already more expensive or sold once loyal customers of these shops and galleries.