NEW YORK – Bloomsbury Auctions, the world’s leading auction house for books and works on paper, today reported an impressive 35% increase over the same period as last year. The increased number of sales and the opening of new departments have both contributed, while the market for books and works on paper continues to be buoyant despite the adverse economic climate.
“These impressive results show that Bloomsbury Auctions has correctly chosen to specialize in books and works on paper that perform well even during an economic downturn,” said Tommaso Zanzotto, chairman of the group. He went on to say, “The offer, the demand, and the affordable prices underline the resilience of books as their cultural, social, and visual content continue to be prized by the collector and the general public.”
During the past six months Bloomsbury Auctions celebrated its 25th anniversary, marking the occasion with a special Anniversary Sale that saw an Einstein letter make a world record pounds Sterling 202,000 while the sale as a whole realized over pounds 1.4 million, a record for the London auction house. This year has also seen successful inaugural sales for three new departments: Modern Prints in New York and Photographs and Old Master Paintings in Rome.
Rupert Powell, Managing Director, remarked: “During the next six months we will be offering a very exciting and extensive auction program including the Jay T. Snider Collection and a landmark Russian Book sale in New York; Important Books, Modern Prints and Photographs in London; and Old Masters in addition to Books and Photographs in Rome. We expect to see our growth continuing for the foreseeable future, thanks to the very encouraging response from vendors and buyers alike.”
Bloomsbury Auctions was founded in 1983 and operates from salerooms in London, New York, and Rome.
Web site: http://www.bloomsburyauctions.com