Results Smythe Autograph Auction record
Manhattan, New York – January 24, 2008 – New York, the auction house RM Smythe & Co, Inc. is auction and autograph most successful in history of 125 Thursday, January 17, 2008. The sale, with the collection of Steven Lee Carson, saw an unprecedented 77 percent of the lots put up for sale. Although the auction has been somewhat delayed due to technical problems with E-Bay Live Auctions, bidders at the end soil, the telephone, and his teams were able to take home a remarkable variety of historical autographs and Americana.
Not surprisingly, the hammer highest price was won by a letter written by President Abraham Lincoln, asking Secretary of War Edwin Stanton to approve the resignation of a cavalry captain, at the request of the wife of a policeman. Lincoln, typically a "soft touch" in such cases makes the argument that "we are quickly getting participation of more agents. "The bill of sale $ 14,500, plus bonuses for a buyer. The Great Emancipator was not the only member of the family doing high prices. A couple of letters from 1869 (incomplete) his widow, which refers to him as "my eighteenth year – Always – lover – husband – father and all and all for me – truly my all, "almost the same amount, $ 13 000.
One of the most exciting possibilities at any auction are beginning to closely resemble modest opening price rise and rise. That's exactly what happened with rare autograph note signed by beloved artist Norman Rockwell was in it an original concept sketch of one of his covers for The Saturday Evening Post. A typical autograph note by the author could bring around $ 200-300, and Fate had as a conservative estimate of $ 650. Because the bids received by mail before the auction, the lot opened at $ 2,000, the auction furious that resulted in a final price $ 5500. A climber high a fascinating typewritten letter signed by Theodore Roosevelt as president during the negotiation of the treaty ending the Russo-Japanese complaining about the hardness of both sides. Estimated at $ 2,500, sold for $ 8,500. It also takes far beyond its estimate was a signed copy of the book Woodrow Wilson, which is why we are at war, an estimated $ 700 sold for $ 3,000, a record price. According to the Book of current prices America was the first copy to the auction in thirty years.
When Asked why these lots were estimated so low, Smythe Bob Litzenberger explained that in some cases, there were no recent sales results for use as a reliable guide. He added that there are strategic advantages to setting conservative estimates, too. "Estimates of high, even if you know a lot can reach them, discourage bidding. When an item opens low, more bidders to participate and even if it is so high that only those with deep pockets can stay in the game, made the auction more fun for everyone. If you know you can get into the action, going back, and will bid and win on other issues. Carriers, however, are much happier when something sells much higher than its estimate than they are when sold for less. We also know that we will not give them false expectations just to get their hands on your computer. "
As usual, early presidents and first ladies have been a hot spot, with a very unusual letter by Abigail Adams in which sympathize with a friend whose son died in battle bringing $ 7000. A large document signed by her husband, authorizing a letter of marque for the Quasi-War with France, sold for $ 6,000. An autograph letter of recommendation signed by Thomas Jefferson is still popular then Vice President of $ 10,000.
Highlights from other collecting areas include a letter of exceptional content writing signed by the novelist Henry James in 1914, their views on matters of war ($ 850 – a record for him in this format), an original drawing of the delicious Grinch signed by animator Chuck Jones, who directed the television version of Dr. Seuss book ($ 700), an autograph letter signed by beloved "Peter Rabbit" author Beatrix Potter ($ 850) and an unusual program for a shooting contest signed by the famous 1942 the German dictator Adolf Hitler ($ 2050).
With great autographs Smythe offered collectible Americana, books, prints and photographs in an attempt to email and online sales after the auction. Also In this case, there were valuable rarities. A most unusual hand map of the area around Vicksburg, MS, used by soldiers under Gen. WT Sherman during the siege of the Union of this city, sold for $ 2,100. A large tapestry celebrating the Declaration of Independence has been $ 1900. A letter from a girl who had been witnessed the horrors of the Great Chicago Fire reached $ 600, while a wonderful diary along the first few letters of a Civil War soldier, telling of his participation in the battles of Fredericksburg, Chancellorsville and Gettysburg, went all the way to $ 3250.
This is only a fraction of the results of the sale. Prices realized the entire sale can be found on the website of the company, www.smytheonline.com.
Smythe is already accepting consignments for upcoming auction autographs and Americana, scheduled for spring 2008. Interested parties may contact the company at 1-800-622-1880 for details.
Accredited media interested in planning a meeting to discuss this notice or the auctions in the past or the future, contact Mary Herzog at 212-943-1880
About RM Smythe & Co.
RM Smythe & Co., established in 1880, buys, sells coins, and auctions, paper money, stocks, bonds and autographs at their headquarters general 2 Rector Street in the heart of New York's financial district. To order a catalog, contact a specialized company, or general information, 212-943-1880 or call 800-622-1880 or visit the company web site at: http://www.smytheonline.com.
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