Heritage doubled down on its high volume style at its Photographs Signature Auction last week. With more than 600 lots on offer (the vast majority available under $10000), the scale of the sale forced it to cross over into two days. While the overall Buy-In rate was a bit too high (over 28%), the real softness came in the pattern of too many lots selling below their estimate ranges – more than two thirds of the lots that found buyers ... Read on.








