Anybody have any ideas as to why? Obviously we are not living in the most certain of times but maybe there is also some over-saturation of the market as more senior collectors de-accession or meet their maker.
Hi Bruce, early this morning I was looking at the results before the unsold lots were removed and before buyer's premium (BP) was added.
Without the unsold lots and with BP added the results do give a much better impression but the hammer price of a large proportion of lots sold was under or just around the "$ +" estimate (e.g. most fully-signed Beatles items). Also, some estimates looked low in the first place (e.g. the Marley "Kaya" album that has sold for way more than the $3,000+ estimate).
I agree that some lots, especially the more unusual and difficult to estimate ones (e.g. the Woodstock lot and the Ramones' case), did make far above the estimate and some estimate were also sky-high (e.g the Macca National Trust cheque).
By the way, I assume the estimates do not take account of the BP to be added and are supposed to represent a low base estimate (being "$x +").
I did already mention that there were some exceptions and I must admit that I only scrolled to around page 5 of the results sorted by high to low price. Perhaps there were a lot more exceptions further on.