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• Issue #165
• Article

By Alex Novak

Bloomsbury Auctions had the unenviable position of being first up in this series of fall auctions here in New York City. According to auction writer Stephen Perloff (more on Steve in a story below), few people in the small auction room were there to bid, but plenty of consignors were there to watch the results. They were probably not too happy.

At a mere 17.8% of its photographs sold, Bloomsbury was the only house to do poorly this time around. It did better on its large book selection and sold through at a respectable 63.8%. Overall the auction sold only 32.5% of the total lots, which with premium (now raised from 20 to 22%--a big mistake in my opinion) totaled well under $1/4 million. That is an average of considerably less than $2,500 per lot.

I think the auction house might have done a bit better had it matched up its sale date with Swann, which chose a date two weeks later than most. Bloomsbury also must start to really promote its auctions and develop its mailing lists for this relatively new category for this house, and instead its management seems to be retrenching.

It is actually too bad. The house did a nice job on its catalogue, and the material--while somewhat lower in value--was priced well. There were definite bargains to be had here: just very few bidders.

The top image lot in the auction was #19, a dynamic fashion shot of Cyd Charisse in an evening dress by Macrini by Richard Avedon, which sold for a total of $21,960 with the new higher premium.

The top book lot was #229, a signed and dedicated copy of William Klein's "Life Is Good & Good for You in New York", which sold for just $7,930.

The Weegee's from the Suzanne and Hugh Johnston Weegee Collection, which were featured in the sale, seemed to be a strategic mistake: too many and at too high a price for this market. Out of 51 Weegees in the auction, only five sold.

But there were certainly a lot more positive notes to this auction season at the big two, Christie's and Sotheby's, so we will move on to those venues.

Novak has over 49 years experience in the photography-collecting arena. He is a long-time member and formerly board member of the Daguerreian Society, and, when it was still functioning, he was a member of the American Photographic Historical Society (APHS). He organized the 2016 19th-century Photography Show and Conference for the Daguerreian Society in NYC. He is also a long-time member of the Association of International Photography Art Dealers, or AIPAD. Novak has been a member of the board of the nonprofit Photo Review, which publishes both the Photo Review and the Photograph Collector, and is currently on the Photo Review's advisory board. He was a founding member of the Getty Museum Photography Council. He is author of French 19th-Century Master Photographers: Life into Art.

Novak has published numerous photography articles and columns in several newspapers, including the Photograph Collector, Focus magazine and the Daguerreian Society Newsletter. He has been interviewed extensively on the photography art market by the Financial Times, the New York Times, the Boston Globe, the Philadelphia Inquirer, The Classic magazine, Maine Antique Digest, the Art Newspaper, Art News, Art Business News, Focus magazine, PDN, Black & White magazine, Photographie Internationale, Antiques & the Arts Online, Art Critical and the Photograph Collector newsletter, as well as by many other publications, television programs and websites, both in the USA and in France. He was quoted extensively in the book, "Collectingphotography" by Gerry Badger. He has spoken at numerous photography events and programs.

He writes and publishes the E-Photo Newsletter, the largest circulation newsletter in the field. Novak is also president and owner of Contemporary Works/Vintage Works, a private photography dealer, which sells by appointment and has sold at exhibit shows, such as AIPAD New York and Miami, Art Chicago, Classic Photography LA, Photo LA, Paris Photo, The 19th-century Photography Show, Art Miami, the Daguerreian Society, etc.