• <b>Swann Auction Galleries June 5:</b> Charles Addams, <i>Penguin Convention,</i> watercolor, cover for <i>The New Yorker,</i> 1977. $15,000 to $20,000.
    <b>Swann Auction Galleries June 5:</b> Ludwig Bemelmans, <i>Agreed! No whiskey anywhere is more deluxe than Walker's DeLuxe,</i> pen, ink & watercolor, 1957. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Charles Schulz, <i>Do you like Beethoven?,</i> pen & ink, 9-panel <i>Peanuts</i> comic, 1970. $20,000 to $30,000.
    <b>Swann Auction Galleries June 5:</b> Russell Tandy, <i>The Secret in the Old Attic,</i> watercolor & gouache, cover for <i>Nancy Drew,</i> 1944. $15,000 to $25,000.
    <b>Swann Auction Galleries June 5:</b> Arthur Rackham, <i>Danaë & the Infant Perseus,</i> watercolor, ink & wash, for Hawthorne's <i>A Wonder Book,</i> 1922. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Tom Lovell, <i>I believe in magic too,</i> oil on canvas, published in <i>Woman's Home Companion,</i> 1947. $7,000 to $10,000.
    <b>Swann Auction Galleries June 5:</b> Enoch Bolles, <i>With Love...,</i> watercolor & gouache, cover for <i>Wow!</i> magazine, 1931. $7,000 to $10,000.
    <b>Swann Auction Galleries June 5:</b><br>Rick Meyerowitz & Maira Kalman, <i>New Yorkistan,</i> pen, ink & watercolor sketch for a <i>New Yorker cover,</i> 2001. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Jessie Willcox Smith, <i>Touching,</i> watercolor for <i>The Five Senses</i> by Angela M. Keyes, 1911. $12,000 to $18,000.
    <b>Swann Auction Galleries June 5:</b> Edward Gorey, <i>ABA 75,</i> watercolor & ink, cover for <i>Publisher's Weekly,</i> 1975. $5,000 to $7,500.
    <b>Swann Auction Galleries June 5:</b> Aubrey Beardsley, <i>Shelter,</i> pen & ink, for <i>Bon-Mots,</i> 1892. $8,000 to $12,000.
    <b>Swann Auction Galleries June 5:</b> Tedd Arnold, <i>I think it was three days ago...,</i> colored pencil & watercolor, for <i>Parts,</i> 1996. $4,000 to $6,000.
  • <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Hammett (Dashiell). <i>The Maltese Falcon,</i> FIRST EDITION. A very good copy of this most influential detective fiction novel. £8,000 to £12,000
    <b>Chiswick Auctions, May 30:</b> Hemingway (Ernest). <i>In Our Time,</i> FIRST EDITION, NUMBER 137 OF 170 COPIES on Rives handmade paper. £15,000 to £18,000
    <b>Chiswick Auctions, May 30:</b> Hemingway (Ernest). <i>A Farewell to Arms,</i> FIRST EDITION, inscribed by the author to Mike Murphy, a Hemingway biographer and scholar. £4,000 to £6,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Kerouac (Jack). <i>On the Road,</i> FIRST EDITION, New York, Viking, 1957. £2,000 to £3,000
    <b>Chiswick Auctions, May 30:</b> Ransome (Arthur). <i>Swallows and Amazons,</i> FIRST EDITION, ownership inscription to half title. Only 2,000 copies of the first edition printed. £3,000 to £4,000
    <b>Chiswick Auctions, May 30:</b> Sewell (Anna). <i>Black Beauty: His Grooms and Companions. The Autobiography of a Horse. Translated from the original Equine,</i> FIRST EDITION, engraved frontispiece. £3,000 to £4,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Capa (Robert). <i>Omaha Beach D-Day, June 6th, 1944,</i> gelatine silver print, printed under the direct supervision of Cornell Capa, 40 x 50.5 cm. £3,000 to £5,000
    <b>Chiswick Auctions, May 30:</b> Cartier-Bresson (Henri). 'Loudres – Pilgrims Assemble', silver print, stamps and annotations on verso, very slight scratch, 170 x 240 mm, 1950. £2,000 to £3,000
    <b>Chiswick Auctions, May 30:</b> Carroll, Lewis [Dodgson, Charles Lutwidge]. <i>The Nursery Alice,</i> FIRST EDITION, a very rare inscribed, dedication copy. £8,000 to £10,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Potter (Beatrix). <i>The Tale of Peter Rabbit,</i> FIRST EDITION, FIRST PRINTING, limited to 250 copies [with] the FIRST PUBLISHED EDITION. £12,000 to £15,000
    <b>Chiswick Auctions, May 30:</b> Wells (H. G.). <i>War of the Worlds,</i> original Danish manuscript, the text written out in block script ink, with over 620 original drawings in ink and watercolour. £1,800 to £2,200
    <b>Chiswick Auctions, May 30:</b> Toulouse-Lautrec (Henri de).- Clemenceau (Georges). <i>Au Pied de Sinai,</i> NUMBER 104 OF 355 COPIES, with the suite of 10 lithographs by Henri de Toulouse-Lautrec in 2 states. £1,500 to £2,000
  • <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Simcoe (John Graves). Plan of the Province of Upper Canada with part of the Adjacent Countries, manuscript map… with numerous contemporary annotations. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Ramusio (Giovanni Battista). <i>Delle Navigationi et Viaggi,</i> 3 vol., mixed edition, 3 double-page engraved maps and 7 folding woodcut maps, Venice, Giunti, 1613. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Dickens (Charles). <i>A Christmas Carol,</i> first edition, first issue, Chapman & Hall, 1843. £6,000 to £8,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Book of Hours. Hours of the Virgin [Use of Rome] in Latin, miniature illuminated manuscript on vellum with 6 full-page miniatures and 6 large initials with borders, Flanders, [2nd quarter of 15th century]. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> G.K. Chesterton archive. Collection of poems, drawings, letters and cards sent to Enid Simon, 1920s. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Pasternak (Boris). <i>Doktor Zhivago</i> original typescript, 2 vol., with manuscript corrections and insertions by the author, the George Katkov copy, c.1956. £100,000 to £150,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Tolkien (J.R.R.). <i>The Hobbit,</i> first edition, first impression, 1937. £20,000 to £30,000
    <b>Forum Auctions, May 31:</b> Milton (John). <i>Paradise Lost & Paradise Regain'd,</i> 2 vol., one of 10 copies printed on vellum, Cresset Press, 1931. £8,000 to £12,000
    <b>Forum Auctions, May 31:</b> Electricity and the vacuum.- Guericke (Otto von). <i>Experimenta nova (ut vocantur) Magdeburgica de Vacuo Spatio,</i> first edition; bound with <i>Philosophia Universa de Microcosmo</i>. £12,000 to £16,000
    <b>Forum Auctions, May 31:</b> [The Holy Land, Syria, Idumea, Arabia, Egypt & Nubia ...], vignette title and 42 plates from the deluxe subscriber's edition, 1842-1849 (43). £7,000 to £10,000
  • <b>Bonhams: Results from Fine Books and Manuscripts on March 9, 2018</b>
    <b>Bonhams, Mar. 9:</b> BEETHOVEN, LUDWIG VAN. Autograph Manuscript sketch-leaf part of the score of the Scottish Songs, "Sunset" Op. 108 no 2. [Vienna, February 1818]. Inscribed by Alexander Wheelock Thayer. SOLD for $131,250
    <b>Bonhams, Mar. 9:</b> Violin belonging to Albert Einstein, presented to him by Oscar H. Steger, 1933. SOLD for $516,500
    <b>Bonhams, Mar. 9:</b> EINSTEIN, ALBERT. Autograph Letter Signed ("Papa") to his son Hans Albert, discussing his involvement with the atomic bomb, September 2, 1945. SOLD for $106,250
    <b>Bonhams: Results from Fine Books and Manuscripts on March 9, 2018</b>
    <b>Bonhams, Mar. 9:</b> HAMILTON, ALEXANDER. Autograph Letter Signed, to Baron von Steuben, with extensive notes of Von Steuben's aide Benjamin Walker, June 12, 1780. SOLD for $16,250
    <b>Bonhams, Mar. 9:</b> NEWTON, ISAAC. Autograph Manuscript in Latin, being detailed instructions on making the philosopher's stone. 8 pp. 1790s. SOLD for $275,000
    <b>Bonhams, Mar. 9:</b> 1869 Inauguration Bible of President Ulysses S. Grant. SOLD for $118,750

Rare Book Monthly

Articles - April - 2012 Issue

Another Hugely Successful Comic Book Sale

Heritagebatman2-12

The first appearance of Batman took in over half a million dollars.

When our mothers threw out our old comic book collections years ago, we all breathed a sigh of resignation, and moved on. It was not until many years later that we really began to wonder if she did the right thing. Comic books began to show up as collectibles, bringing in prices worthy of investing in a few decades of storage in the attic. In short order, those triple digit prices began climbing to six digits. The wonder turned to astonishment. In the past few years, we have seen comic books pass the $1 million mark (usually for a first appearance of Superman), and last year one even surpassed $2 million. It may be baffling, but the time has come to move past bewilderment to understanding.

In late February, Heritage Auctions held a comic book sale. Most of the top items came from the collection of Billy Wright, an obscure collector who began buying comics as a child in the late 1930s and kept them for the rest of his life. Wright died in 1994. Somehow, he managed to hide them from his mother (actually, it appears that Wright's mother was one of those people who saved everything he owned, perhaps the sentimentality explained by Wright being an only child). Wright had no children and never talked about his collection. His grand-nephew discovered it years later while cleaning up the basement. Even then, it took a while before he realized the value of what he had uncovered.

Nothing in Billy Wright's collection broke the old record price for a comic book, not even close. At just over half a million dollars, the top item was less than one-fourth the all-time record. No, what made this auction special was the total volume of dollars bid. Almost $8.8 million was taken in during the auction. This really says more than does a couple of obsessed collectors chasing a first appearance of Superman. What this auction showed is the depth of comic book collecting. It takes more than a few very wealthy, intense aficionados to pull this off. It requires a substantial base of dedicated collectors. Comic book collecting has come of age.

The numbers, really, are quite astounding. How often is there a sale of regular books that takes in $8.8 million? What printed books can bring in $2,161,000, as did a copy of Superman last year? Other than an Audubon elephant folio, or a Shakespeare first folio (or a Gutenberg if one ever appears for sale again), not many. This is even more remarkable considering comic books were printed in large quantities (often hundreds of thousands if not more), they are relatively recent, come with no dust jackets, expensive bindings or anything better than cheap paper, and the expensive copies aren't even signed or inscribed. They are just comic books that could be bought for a dime six or seven decades ago. How many printed books with such attributes sell for the prices we are seeing for comic books today?

The explanation surely resides with their familiarity to the current crop of collectors, often from, or close to, the baby boom generation. This is what they grew up with. These are the “books” they purchased when young, read in their rooms at night, collected on their shelves (until Mom threw them out). Comics are a part of their lives. Some people collect others' lives, but increasingly, we collect our own lives, especially our childhood. While I have no statistical evidence to support this, I'm going to go out on a limb and say more of us read Superman than Proust when we were young. I'm not saying this is a good or a bad thing. It just is. Consequently, if we are very wealthy, we shell out $2 million for Superman, but something less for Marcel.

At the top of the Heritage auction was Detective Comics #27 from 1939. This one featured the first appearance of Superman's top competitor over the years for preeminent superhero status – Batman. Batman added a bit of strangeness to the typical, all-American type of superhero represented by Superman. As a result, he fit more easily into the darker images that made him the bigger draw at the box office in recent years. Bruce Wayne does better at the theater, though Clark Kent is still the top draw in comic books. This first of Batman took in $522,813, well beyond its estimate of $200,000.

Rare Book Monthly

  • <b>Archives International Auctions: U.S., Chinese & Worldwide Banknotes, Scripophily & Coins. May 23, 2018</b>
    <b>Archives International, May 23:</b> Chinese-American Bank of Commerce, 1920 "Harbin" Branch Issue Rarity. $5, P-S231s1, S/M#C271-3.5b, Specimen banknote. $25,000 to $35,000
    <b>Archives International, May 23:</b> Deutsch-Asiatische Bank, 1907 "Peking" Branch High Grade Rarity. 5 Taels, P-S280r S/M#T101-11b, Remainder Banknote. $17,000 to $22,000
    <b>Archives International, May 23:</b> Deutsch-Asiatische Bank, 1907, "Tsingtau" Branch Issue Rarity. $1, P-1a S/M#T101-40, Issued banknote. $8,000 to $16,000
    <b>Archives International Auctions: U.S., Chinese & Worldwide Banknotes, Scripophily & Coins. May 23, 2018</b>
    <b>Archives International, May 23:</b> Spanish American War - Three Per Cent Loan of 1898, $20 Bond. Issued and uncanceled. $6,000 to $10,000
    <b>Archives International, May 23:</b> Winnemucca, NV - $5 Ty. 1, The First NB of Winnemucca, Ch# 3575, Fr#1800-1. $3,000 to $5,000
    <b>Archives International, May 23:</b> National Banknote Assortment of Original 1st Charter, Plain Back and Date Back Issues. Lot of 6 notes, Includes Pennsylvania Nationals, First National Bank of Selins Grove, 1865, $1… $3,200 to $4,400
    <b>Archives International Auctions: U.S., Chinese & Worldwide Banknotes, Scripophily & Coins. May 23, 2018</b>
    <b>Archives International, May 23:</b> People's Bank of China, 1950 Issue Banknote. 50,000 Yuan, P-855 KYJ-C157a S/M#C282-, Issued banknote. $7,000 to $12,500
    <b>Archives International, May 23:</b> Pei-Yang Tientsin Bank, ND (ca.1910) Remainder Banknote. $3, P-S2527 S/M#P35-11. $5,000 to $7,000
    <b>Archives International, May 23:</b> Palestine Foundation Fund - Keren Hayesod Specimen Sacrifice Bond 1922. $1,000, Specimen Bond, "For the Up building of Palestine as a Homeland for the Jewish People". $1,500 to $2,500
  • <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> BRETON (André). <i>Arcane 17.</i> New York, Brentano's, 1944. One of the 25 first copies with the original etching signed by Roberto Matta. 6000 to 8000 €
    <b>ALDE, May 30:</b> HÉRON DE VILLEFOSSE (René). <i>La Rivière enchantée.</i> Paris, Bernard Klein, 1951. One of the 25 first copies on japon with an original watercolored drawing signed by Léonard Foujita. 60,000 to 80,000 €
    <b>ALDE, May 30:</b> ILIAZD. <i>Pirosmanachvili 1914.</i> Paris, Le Degré quarante et un, 1972. Dry point signed by Pablo Picasso. 5,000 to 6,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> JARRY (Alfred). <i>Ubu Roi.</i> Paris, Tériade, 1966. 13 lithographs by Joan Miró. 6,000 to 8,000 €
    <b>ALDE, May 30:</b> LEIRIS (Michel). <i>Vivantes cendres, innommées.</i> Paris, Jean Hugues, 1961. 13 original etchings by Alberto Giacometti. 12,000 to 15,000 €
    <b>ALDE, May 30:</b> MATISSE (Henri). <i>Jazz.</i> Paris, Tériade, 1947. 20 original pochoirs by Henri Matisse. 100,000 to 120,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> PAULHAN (Jean). <i>De Mauvais sujets.</i> Paris, Les Bibliophiles de l’Union Française, 1958. 10 etchings by Marc Chagall. 5,000 to 6,000 €
    <b>ALDE, May 30:</b> RONSARD (Pierre de). Layout for the book <i>Florilège des Amours.</i> Paris, Albert Skira, 1948. 128 lithographs, with many corrections by hand by Henri Matisse. 80,000 to 100,000 €
    <b>ALDE, May 30:</b> TING (Walasse). <i>1¢ life.</i> Bern, E.W. Kornfeld, 1964. One of the 100 deluxe copies with the 62 lithographs signed by the 28 artists. 15,000 to 20,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> SUGIMOTO (Hiroshi). <i>Time exposed.</i> Kyoto, Kyoto Shoin Co. Ltd., 1991. 51 offset lithographs. 10,000 to 12,000 €
    <b>ALDE, May 30:</b> SZAFRAN (Sam). Black and brown ink original drawing. 550 x 410 mm. 5,000 to 6,000 €
    <b>ALDE, May 30:</b> KIPLING (Rudyard). <i>La Chasse de Kaa.</i> Paris, Javal et Bourdeaux, 1930. 115 colored woodcuts by Paul Jouve. 5,000 to 6,000 €
  • <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Book of Hours. Workshop Vrelant, around 1460-70. Est: € 30,000
    <b>Ketterer Rare Books, May 28:</b> J. J. Marinoni, <i>De Astronomica specula,</i> 1745. Est: € 12,000
    <b>Ketterer Rare Books, May 28:</b> C. S. Lewis, <i>The Chronicles of Narnia,</i> 1950-56. Est: € 7,500
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> G. W. Knorr, <i>Regnum florae,</i> 1750. Est:<br>€ 15,000
    <b>Ketterer Rare Books, May 28:</b> A. M. S. Boethius, <i>De philosophico consolatu,</i> 1501. Est: € 8,000
    <b>Ketterer Rare Books, May 28:</b> J. Joyce, <i>Ulysses,</i> 1922. Est: € 5,000
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Ornaments by H. Vogeler, 1900. Est:<br>€ 4,000
    <b>Ketterer Rare Books, May 28:</b> <i>Biblia Germanica,</i> 1490. Est: € 15,000
    <b>Ketterer Rare Books, May 28:</b> F. M. Regenfuss, <i>Auserlesne Schnecken und Muscheln,</i> 1758. Est: € 18,000
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Einband Henry van de Velde, 1929. Est: € 4,000
    <b>Ketterer Rare Books, May 28:</b> <i>Hortus Sanitatis,</i> 1517. Est: € 12,000
    <b>Ketterer Rare Books, May 28:</b> R. Crevel and J. Miró, 1957. Est: € 3,500
  • <b>19th Century Shop:</b> Charles Darwin on sexuality and the transmission of hereditary characteristics: Autograph Letter Signed to Lawson Tait. Down, 17 January [1877].
    <b>19th Century Shop:</b> MILTON, JOHN. <i>Paradise Lost. A Poem written in ten books.</i> London: 1667. A very rare example with the contemporary binding untouched and with a 1667 title page.
    <b>19th Century Shop:</b> Hamilton secures the ratification of the Constitution: <i>The Debates and Proceedings of the Convention of the State of New-York, assembled at Poughkeespsie, on the 17th June, 1788.</i>
    <b>19th Century Shop:</b> The social contract “Man is born free, and everywhere he is in chains”: ROUSSEAU, JEAN-JACQUES. <i>Principes du Droit Politique [Du Contract Social]</i>. Amsterdam: Michel Rey, 1762
    <b>19th Century Shop:</b> “The first English textbook on geometrical land-measurement and surveying”: BENESE, RICHARD. <i>This Boke Sheweth the Maner of Measurynge All Maner of Lande…</i>
  • <b>Sotheby’s Books & Manuscripts<br>Marcel Proust – Collection Marie-Claude Mante<br>Auction Paris 24 May 2018</b>
    <b>Sotheby’s Paris, May 24:</b> Marc Chagall. <i>Daphnis & Chloé</i>. Paris, Tériade, 1961. 42 original lithographs. One of the 10 copies for the collaborators. 80,000-120,000 €
    <b>Sotheby’s Paris, May 24:</b> [Marcel Proust] — Gaston Gallimard. Very important letters to Marcel Proust. 1912-1922. 100,000-150,000 €
    <b>Sotheby’s Paris, May 24:</b> JESUITS. <i>Relation de ce qui s’est passé en la Nouvelle France en 1635</i> […] 1672. Period calf binding. Very rare set of letters about life in the French territories among warring Indian tribes. 12,000-18,000 €
    <b>Sotheby’s Books & Manuscripts<br>Marcel Proust – Collection Marie-Claude Mante<br>Auction Paris 24 May 2018</b>
    <b>Sotheby’s Paris, May 24:</b> Gustave Flaubert. <i>Madame Bovary</i>. Paris, Michel Lévy Frères, 1857. One of the few deluxe copies, with inscription to Adolphe Gaïffe and a letter. 30,000-50,000 €
    <b>Sotheby’s Paris, May 24:</b> A. von Humboldt. <i>Essai politique sur le Royaume de la Nouvelle Espagne.</i> Paris, 1811. Period binding. Complete with the large California/Mexico map. 10,000-15,000 €
    <b>Sotheby’s Paris, May 24:</b> [Affaire Dreyfus] — Georges Clemenceau. <i>Démosthène</i>. Paris, Plon-Nourrit et Cie, 1926. Exceptional copy with an inscription to Mathieu Dreyfus, Alfred Dreyfus’ brother. 8,000-<br>12,000 €
    <b>Sotheby’s Books & Manuscripts<br>Marcel Proust – Collection Marie-Claude Mante<br>Auction Paris 24 May 2018</b>
    <b>Sotheby’s Paris, May 24:</b> Guillaume Apollinaire. <i>Les trois Don Juan</i>. 1914. Unpublished inscription to Madeleine Pagès and 2 original drawings. 25,000-35,000 €
    <b>Sotheby’s Paris, May 24:</b> Marcel Duchamp. <i>L.H.O.O.Q. shaved</i>. [New York, 1965]. One of the 100 deluxe signed copies. With an autographed envelope. 15,000-20,000 €
    <b>Sotheby’s Paris, May 24:</b> Francis Bacon — Michel Leiris. <i>Miroir de la tauromachie</i>. [Paris], Daniel Lelong, [1990]. With 4 signed lithographs. 40,000-60,000 €
    <b>Sotheby’s Books & Manuscripts<br>Marcel Proust – Collection Marie-Claude Mante<br>Auction Paris 24 May 2018</b>
    <b>Sotheby’s Paris, May 24:</b> Gilbert & George. <i>The Red Sculpture Album</i>. [Londres, Gilbert & George], 1975. One of the 100 existing copies, signed by both of the artists, comprised of 11 original photographs. 10,000-15,000 €
    <b>Sotheby’s Paris, May 24:</b> Pablo Picasso — Honoré de Balzac. <i>Chef-d’œuvre inconnu</i>. Paris, Ambroise Vollard, 1931. One of the 65 deluxe copies on Japan paper, with an extra suite of the etchings. 35,000-<br>45,000 €
    <b>Sotheby’s Paris, May 24:</b> Marcel Proust. <i>Les Sources sur Loir</i>. Ca 1907-1908. Handwritten manuscript. Rough draft of one of the more beautiful passages of Swann’s Way. 30,000-50,000 €

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