• <b>Seth Kaller:</b> Leaves from<br>George Washington's Own Draft <br>of His first Inaugural Address. An Extraordinary Rarity!
    <b>Seth Kaller:</b> Declaration of Independence: Benjamin Tyler 1818 - First Print with Facsimile Signatures.
    <b>Seth Kaller:</b> Thomas Jefferson Signed Act of Contress Authorizing Alexander Hamilton to Complete Famous Portland Maine Lighthouse.
    <b>Seth Kaller:</b> Emanuel Leutze. Silk Flag Banner designed by Leutze, created by Tiffany & Co., and presented to Gen. John A. Dix, 1864.
    <b>Seth Kaller:</b> The "greatest of early American maps … a masterpiece" (Corcoran). Thomas Holme.
    <b>Seth Kaller:</b> Albert Einstein. Autograph Letter Signed. Einstein Counsels His Son ... Meaning of Life.
    <b>Seth Kaller:</b> Frederick Douglass. Autograph Letter Signed to unknown correspondent. Washington, D.C.
    <b>Seth Kaller:</b> Harry Truman. Autograph Manuscript Notebook for Kansas City Law School Night Class.
    <b>Seth Kaller:</b> Robert E. Lee. Autograph Letter Signed, June 11, 1863. Hours after the Battle of Culpeper Court House, Lee Escapes Again.
    <b>Seth Kaller:</b> George Washington. Letter Signed, as Commander-in-Chief, Continental Army, to Elias Dayton, Headquarters, [Newburgh, N.Y.], June 11, 1782.
  • <b>Fonsie Mealy Auctioneers: Rare Books, Literature, Manuscripts, Maps & Works of Art. December 13, 2016</b>
    <b>Fonsie Mealy Dec. 13:</b> Excessively Rare Benjamin Franklin Imprint. Estaugh (John). <i>A Call to the Unfaithful Professors of Truth</i>, Philadelphia: Printed by B. Franklin, 1744. €7,000 – 10,000
    <b>Fonsie Mealy Dec. 13:</b> Original Signed Volume from the Dean Swift's Library. [Swift (Dr. Jonathan)] Grotius (Hugo). <i>De Jure Belli ac Pacis Libri Tres</i>, Amsterdam: (J. Blaeu) 1670. €10,000 – 15,000
    <b>Fonsie Mealy Dec. 13:</b> Cresswell (Samuel Gurney). <i>A Series of Eight Sketches in Colour; together with a Coloured Map of the Route</i>, London: (Day & Son) July 25, 1854.<br>€15,000 – 20,000
    <b>Fonsie Mealy Auctioneers: Rare Books, Literature, Manuscripts, Maps & Works of Art. December 13, 2016</b>
    <b>Fonsie Mealy Dec. 13:</b> Of Legendary Rarity - First Printing of Shakespeare Outside England. Shakespeare (Wm.). <i>The Works of Shakespeare</i> In Eight Volumes. Dublin: 1726.<br>€7,000 – 10,000
    <b>Fonsie Mealy Dec. 13:</b> Lewin (W.). <i>The Birds of Great Britain</i>, 8 vols in 4, with 335 hand-coloured plates, 1795 – 1801. €1,500 – 2,000
    <b>Fonsie Mealy Dec. 13:</b> 18th Century Manuscript Relating to Massachusetts Bay, c. 1750.<br>€350 – 500
    <b>Fonsie Mealy Auctioneers: Rare Books, Literature, Manuscripts, Maps & Works of Art. December 13, 2016</b>
    <b>Fonsie Mealy Dec. 13:</b> Alexander (Wm.). <i>Picturesque Representations of The Dress and Manners of the Chinese</i>, with 50 hand-coloured plates, 1814. €600 – 800
    <b>Fonsie Mealy Dec. 13:</b> Manuscript Estate Atlas - Neville (Arthur Richard). <i>The Estate of Sir John Coghill Bart</i>, 1791. €10,000 – 15,000
    <b>Fonsie Mealy Dec. 13:</b> Unique Collection of Ballads by Brendan Behan Behan. €3,000 – 4,000
    <b>Fonsie Mealy Auctioneers: Rare Books, Literature, Manuscripts, Maps & Works of Art. December 13, 2016</b>
    <b>Fonsie Mealy Dec. 13:</b> Original Manuscript of Edith Somerville's Unpublished Children's Book. Somerville (Edith). <i>GROWLY-WOWLY. Or, The Story of the Three Little Pigs</i>. €3,500 – 5,000
    <b>Fonsie Mealy Dec. 13:</b> Full Set of Cuala Press Broadsides with fine hand-coloured illustrations by Jack B. Yeats, 1908 – 1915. €4,000 – 6,000
    <b>Fonsie Mealy Dec. 13:</b> Eyzinger (Michael). <i>Ad Leonis Belgici Topographicam atque Historicam Descriptionem</i>, [Cologne:] 1586. €3,000 – 4,000
  • <b>Jasper52: Ernest Hemingway Book Auction. Now through December 3rd</b>
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>The Torrents of Spring</i>, First Edition. $500-800
    <b>Jasper52, now thru Dec. 3:</b><br>Edward O’Brien, <i>The Best Short Stories of 1923</i>, Signed. $600-800
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>A Farewell To Arms</i>, First Edition. $800-1000
    <b>Jasper52: Ernest Hemingway Book Auction. Now through December 3rd</b>
    <b>Jasper52, now thru Dec. 3:</b><br>20 Exclusive Collectors Edition Hemingway Books. $1000-1500
    <b>Jasper52, now thru Dec. 3:</b><br>Helen Wentworth, <i>Sunnyside Children</i>, Signed. $1500-2500
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway’s personal Basic Field Manual, Signed. $8000-12,000
    <b>Jasper52: Ernest Hemingway Book Auction. Now through December 3rd</b>
    <b>Jasper52, now thru Dec. 3:</b><br>Three Books by Hemingway: <i>The Sun Also Rises</i> (1953), <i>Men Without Women</i> (1927), <i>A Farewell to Arms</i> (1929). $50-150
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>Green Hills Of Africa</i>, First Edition. $300-500
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>The Sun Also Rises</i>, First Edition. $300-500
    <b>Jasper52: Ernest Hemingway Book Auction. Now through December 3rd</b>
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>The Old Man & Sea</i>, First Club Edition. $15-30
    <b>Jasper52, now thru Dec. 3:</b><br>Scribner’s Magazine 50th Anniversary 1887-1937. $15-30
    <b>Jasper52, now thru Dec. 3:</b><br>Ernest Hemingway, <i>A Moveable Feast</i>, First English Edition. $30-50
  • <b>19th Century Shop.</b> CURTIS, EDWARD. <i>Original glass plate photograph, Honovi – Walpi Snake Priest, prepared by Curtis for the printing of The North American Indian</i>, c.1910
    <b>19th Century Shop.</b> (AMERICAN WEST.), Watkins, Taber, Savage, and others. <i>Magnificent Album of Mammoth Photographs of the American West, with other subjects various</i>, ca. 1865-1880s
    <b>19th Century Shop.</b> DARWIN, CHARLES. <i>Darwin Family Photograph Album</i>. Down, Kent, 1871-1879
    <b>19th Century Shop.</b> (SECRET SERVICE). <i>The photographic archive, papers, and relics of William Kennoch, Secret Service Agent</i>. Various places, 1870s and 1880s
    <b>19th Century Shop.</b> (AMERICAN REVOLUTION). <i>Daguerreotype Portrait of Baltus Stone, the earliest photo of a Revolution veteran,</i> 1846

Rare Book Monthly

Articles - April - 2013 Issue

Someone Very Rich Still Believes in Newspapers

Newspile

Do you still believe in newspapers? Many have written them off, consigned them to virtual extinction over the next decade or so. However, one person who does still believe in newspapers is America's most successful investor. Warren Buffet has put his money where his mouth is. Well, let's not get too carried away. We'll say he sort of believes and has sort of put his money there. It is a somewhat tepid endorsement, but a welcome one nonetheless. What was once the major if not only way to deliver current news needs all the friends it can get.

Mr. Buffet devoted several pages of his annual letter to shareholders to newspapers. Even he was aware that this might seem an odd investment, beginning the section with the ironic heading, “We Buy Some Newspapers. . . Newspapers?” He goes on to write, “During the past fifteen months, we acquired 28 daily newspapers at a cost of $344 million. This may puzzle you for two reasons. First, I have long told you in these letters and at our annual meetings that the circulation, advertising and profits of the newspaper industry overall are certain to decline. That prediction still holds.”

Circulation, advertising, and most of all, profits falling doesn't sound like the basis for an investment. Not depressed enough? Buffet goes on to write about how “newspapers were the primary source for an incredible variety of news, a fact that made them indispensable to a very high percentage of the population.” International, national and local news, sports and stock quotes all arrived first through your newspaper. Additionally, the advertising was a form of “news,” providing job openings, movie listings, and supermarket specials to readers. That made the local newspaper “indispensable to advertisers.” In communities with just one newspaper, and most cities saw the field condense to one, “its profits were certain to be extraordinary.”

“Now the world has changed,” Mr. Buffet continues. Stock and sports news is out of date before “the presses begin to roll.” The internet has replaced classified advertising, national news flows quickly from the television set. “In one area of interest after another, newspapers have therefore lost their 'primacy.' And, as their audiences have fallen, so has advertising.” Buffet has really made a strong case for newspapers. Why on earth would anyone invest $344 million in such a dying business?

Here is Buffet's answer: “Newspapers continue to reign supreme, however, in the delivery of local news. If you want to know what’s going on in your town – whether the news is about the mayor or taxes or high school football – there is no substitute for a local newspaper that is doing its job... Wherever there is a pervasive sense of community, a paper that serves the special informational needs of that community will remain indispensable to a significant portion of its residents.”

Still, Mr. Buffet acknowledges that local newspapers face difficulties and uncertainties. They need an internet presence, and have traditionally offered their online content for free. “How could this lead to anything other than a sharp and steady drop in sales of the printed product?” he asks. He notes that some newspapers have begun charging for web content, and said these have seen their circulation hold up better than most. Charging, however, is only a relatively recent phenomenon and he remains uncertain as to whether it will resolve the issue of subscribers moving from a paid newspaper to a free website. Unstated is the issue that charging for online content may be difficult because people are used to web content being free, and TV stations and others, used to providing free content, compete online for local news. “Whatever works best – and the answer is not yet clear – will be copied widely,” he adds uncertainly.

Buffet, and his company, Berkshire Hathaway, have mostly limited themselves to smaller market daily newspapers. His largest are in Omaha and Buffalo, but he has owned them for a long time. Were it not for his own beginnings in the newspaper business and a personal fondness, it is questionable whether he would be invested at all. When he purchased a group of newspapers a year ago, he deliberately left out the largest group in the chain, the Tampa daily. The risk appears lower when staying out of the large cities.

And then there is the point about that $344 million invested. To you and I, that sounds like a lot of money. For Mr. Buffet, who is personally worth over $50 billion, it is not. Berkshire Hathaway maintains a market capitalization of over $250 billion. To this company, its investment in newspapers is barely more than one-tenth of one percent of its net worth. Recently, the company announced a $23.6 billion offer to purchase H.J. Heinz Co. That's $23 billion for ketchup and pickles versus $343 million for newspapers. Mr. Buffet may be toying with a business he loves more than making a serious investment. The space in his letter devoted to newspapers far outweighs the size of his investment. Nonetheless, we will take anything positive about print media these days, especially when it comes from a man with such a sterling reputation.

Rare Book Monthly

  • <b>Dorothy Sloan Rare Books:<br>La Invasíon Norteamericana and the Mexican-American War.<br>December 15 & 16, 2016</b>
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> [ARTILLERY]. KITCHEN, D.C. <i>Record of the Wyoming Artillerists.</I> Tunkhannock, Pennsylvania: Alvin Day Printer, 1874. $2,000-4,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> UNITED STATES AND MEXICAN BOUNDARY COMMISSION. EMORY, William Hemsley. <i>Report of the United States and Mexican Boundary Survey, Made under the Direction of the Secretary of the Interior…</i><br>$3,000-6,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> RICHARDSON, William H. <i>Journal of William H. Richardson, a Private Soldier in the Campaign of New and Old Mexico…</i>. Baltimore: John H. Woods, 1848. $3,000-6,000
    <b>Dorothy Sloan Rare Books:<br>La Invasíon Norteamericana and the Mexican-American War.<br>December 15 & 16, 2016</b>
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> GARCÍA CONDE, Pedro. <i>Carta geografica general de la Republica Mexicana…</i> $30,000-60,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> EMORY, William Hemsley. <i>Map of Texas and the Countries Adjacent: Compiled in the Bureau of the Corps of Topographical Engineers; From the Best Authorities…</i> [Washington, 1844]. $7,500-15,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> THORPE, Thomas Bangs. <i>Our Army at Monterey. Being a Correct Account of the Proceedings and Events which Occurred to the “Army of Occupation”…</i> Philadelphia, 1847. $400-800
    <b>Dorothy Sloan Rare Books:<br>La Invasíon Norteamericana and the Mexican-American War.<br>December 15 & 16, 2016</b>
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> <i>The Rough and Ready Songster: Embellished with Twenty-Five Splendid Engravings, Illustrative of the American Victories in Mexico…</i> New York; St. Louis, Mo [ca. 1848].<br>$500-1,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> CURRIER, Nathaniel (publisher). <i>The Brilliant Charge of Capt. May At the Battle of Resaca de la Palma (Palm Ravine) 9th of May…</i> $150-300 
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> [RINGGOLD, SAMUEL]. WYNNE, James. <i>Memoir of Major Samuel Ringgold, United States Army: Read Before the Maryland Historical Society, April 1st, 1847.</i> Baltimore, 1847. $500-1,000
    <b>Dorothy Sloan Rare Books:<br>La Invasíon Norteamericana and the Mexican-American War.<br>December 15 & 16, 2016</b>
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> [TAYLOR, ZACHARY]. <i>Life of General Taylor from the Best Authorities.</i> New York: Nafis and Cornish; St. Louis, Mo.: Nafis, Cornish & Co., 1847.<br>$500-1,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> TILDEN, Bryant Parrott, Jr. <i>Notes on the Upper Rio Grande, Explored in the Months of October and November, 1846, on Board the U.S. Steamer Major Brown…</i> Philadelphia, 1847.<br>$5,000-10,000
    <b>Dorothy Sloan Books Dec. 15 & 16:</b> [WORTH, WILLIAM J.]. <i>Life of General Worth; To Which is Added a Sketch of the Life of Brigadier-General Wool.</i> New York: Nafis & Cornish; St. Louis, Mo.: Nafis, Cornish & Co., 1847.<br>$200-400
  • <b>Swann Auction Galleries Dec 8:<br>Maps & Atlases, Natural History & Color Plate Books</b>
    <b>Swann Auction Galleries Dec 8:</b> Laurie & Whittle, <i>The Complete East-India Pilot</i>, with 113 maps, London, 1797. $40,000 to $60,000.
    <b>Swann Auction Galleries Dec 8:</b> George W. Browning, 134 sketches of natural history & landscape subjects, American West, 1880s-90s.<br>$4,000 to $6,000.
    <b>Swann Auction Galleries Dec 8:</b> Catesby & Ehret, <i>Magnolia Grandiflora</i>, from first edition <i>Natural History of Carolina</i>, London, 1731-43. $5,000 to $7,000.
    <b>Swann Auction Galleries Dec 8:<br>Maps & Atlases, Natural History & Color Plate Books</b>
    <b>Swann Auction Galleries Dec 8:</b> Petrus Plancius, <i>The Spice Map</i>, hand-colored, London, 1598.<br>$20,000 to $30,000.
    <b>Swann Auction Galleries Dec 8:</b><br>John Miller, <i>Illustratio Systematis Sexualis Linnaei</i>, London, 1770-77. $15,000 to $20,000.
    <b>Swann Auction Galleries Dec 8:</b> Thomas Shotter Boys, <i>Original Views of London As It Is</i>, de luxe issue, 26 hand-colored lithographs, London, 1842. $5,000 to $7,500.
    <b>Swann Auction Galleries Dec 8:<br>Maps & Atlases, Natural History & Color Plate Books</b>
    <b>Swann Auction Galleries Dec 8:</b> Frederick de Wit, <i>Belgi XVII Provinciarum Tabula</i>, true first state wall map, Amsterdam, ca 1670. $10,000 to $15,000.
    <b>Swann Auction Galleries Dec 8:</b><br>John James Audubon, <i>Passenger Pigeon, Plate LXII</i>, aquatint & engraving before color, London, 1829. $8,000 to $12,000.
    <b>Swann Auction Galleries Dec 8:</b> Joannes Clericus, <i>Atlas Atiquus, Sacer, Ecclesiasticus et Profanus</i>, Amsterdam, 1705. $10,000 to $15,000.
    <b>Swann Auction Galleries Dec 8:<br>Maps & Atlases, Natural History & Color Plate Books</b>
    <b>Swann Auction Galleries Dec 8:</b> Matthaus Seutter, <i>Atlas Novus sive Tabulae Geographicae totius Orbis</i>, Augsburg, ca 1735.<br>$10,000 to $15,000.
    <b>Swann Auction Galleries Dec 8:</b> William Roscoe, <i>Monandrian Plants of the Order Scitamineae</i>, Liverpool, 1824-28. $20,000 to $30,000.
    <b>Swann Auction Galleries Dec 8:</b><br>John James Audubon, <i>The Mocking Bird</i>, hand-colored aquatint & engraving, London, 1827.<br>$7,000 to $10,000.
  • <b>Neal Auction Company: Louisiana Purchase Auction.<br>December 2 – 4, 2016</b>
    <b>Neal Auction Company Dec 2 – 4:</b> Collot, George Henri Victor (French, 1750-1805). "A General Map of the River Ohio, From its source to its mounth” [sic]. $4000 – 6000
    <b>Neal Auction Company Dec 2 – 4:</b> Empire Brass Copernican Armillary Sphere, early 19th c., bands engraved in French, showing the signs of the Zodiac, solstice and equinox. $3000 – 5000
    <b>Neal Auction Company Dec 2 – 4:</b> The Exceptionally Important Jordan Noble Infantry Snare Drum, early 19th c., label inscribed in ink "JB Noble" and engraved "Klemm & Brother's / Piano Forte & Music Warehouse”. $200,000 – 250,000
    <b>Neal Auction Company: Louisiana Purchase Auction.<br>December 2 – 4, 2016</b>
    <b>Neal Auction Company Dec 2 – 4:</b> Confederate First National Flag, c. 1861, silk, double sided stars made from sequins and buillon.<br>$3000 – 5000
    <b>Neal Auction Company Dec 2 – 4:</b> Attributed to James Guy Evans (American/New Orleans, 1809-c. 1859, act. 1835-1859), "U.S. Treasury Schooner <i>Whig</i>", 1848, oil on canvas. $35,000 – 45,000
    <b>Neal Auction Company Dec 2 – 4:</b> Thomas Jefferson and James Madison Signed Ship's Passport, dated June 12, 1805, in four languages, signed by Jefferson as President and Madison as Secretary of State. $3000 – 5000
    <b>Neal Auction Company: Louisiana Purchase Auction.<br>December 2 – 4, 2016</b>
    <b>Neal Auction Company Dec 2 – 4:</b> After Marie Adrien Persac (American/Louisiana, 1827-1873), "Norman's Chart of the Lower Mississippi River from Natchez to New Orleans", 1858.<br>$50,000 – 70,000
    <b>Neal Auction Company Dec 2 – 4:</b> [Mitchell's Universal Atlas], <i>A New Universal Atlas Containing Maps of the Various Empires, Kingdoms, States and Republics of the World…</i>, Philadelphia, Thomas, Cowperthwait & Co., 1852. $2500 – 3500
    <b>Neal Auction Company Dec 2 – 4:</b> Annie L. Colladay Braidwood (American/Pennsylvania, mid 19th c.), "Portrait of Andrew Jackson", 1866. $15,000 – 25,000
    <b>Neal Auction Company: Louisiana Purchase Auction.<br>December 2 – 4, 2016</b>
    <b>Neal Auction Company Dec 2 – 4:</b> After George Caleb Bingham (American/Missouri, 1811-1879), "The Jolly Flat Boat Men", 1847, engraving on paper. $3000 – 5000
    <b>Neal Auction Company Dec 2 – 4:</b> John James Audubon, <i>The New York Historical Society Edition of Audubon's Fifty Best Watercolors from The Original Watercolors Preparatory for...Birds of America</i>, 2006, limited #26 of 200. $5000 – 7000
    <b>Neal Auction Company Dec 2 – 4:</b> José Francisco Xavier de Salazar y Mendoza (Mexican/New Orleans, c. 1750-1802), "Portrait of Daniel William Coxe (1769 1852)", 1792. $100,000 – 150,000
  • <b>Sotheby’s New York: The Bible Collection of Dr. Charles Caldwell Ryrie. December 5, 2016</b>
    <b>Sotheby’s New York Dec. 5:</b> John Wycliffe. <i>WYCLIFFITE NEW TESTAMENT IN THE LATER VERSION, IN MIDDLE ENGLISH [ENGLAND, 1ST HALF OF THE 15TH CENTURY]</i>. $500,000-800,000
    <b>Sotheby’s New York Dec. 5:</b> Bible in English [King James Version]. <i>THE HOLY BIBLE, CONTEYNING THE OLD TESTAMENT, AND THE NEW… LONDON: ROBERT BARKER, 1611.</i> $400,000-600,000
    <b>Sotheby’s New York Dec. 5:</b> Bible in English. Tyndale's Pentateuch. <i>THE FIRSTE BOKE OF MOSES CALLED GENESIS [?FYFTE BOKE OF MOSES CALLED DEUTERONOMYE.] [ANTWERP: JOHAN HOOCHSTRATEN, 1530].</i> $300,000-500,000
    <b>Sotheby’s New York: The Bible Collection of Dr. Charles Caldwell Ryrie. December 5, 2016</b>
    <b>Sotheby’s New York Dec. 5:</b> Eliot, John. <i>[BIBLE IN MASSACHUSET, NATICK DIALECT:] MAMUSSE WUNNEETUPANATAMWE UP-BIBLIUM GOD… CAMBRIDGE, MA: SAMUEL GREEN AND MARMADUKE JOHNSON, 1663–61.</i> $175,000-250,000
    <b>Sotheby’s New York Dec. 5:</b> [Italian Bible]. <i>BIBLE WITH PROLOGUES AND INTERPRETATIONS OF HEBREW NAMES, IN LATIN. [ITALY (PROBABLY BOLOGNA)], DATED 1273</I>.<br>$150,000-250,000
    <b>Sotheby’s New York Dec. 5:</b> Bible in English, Coverdale's Version. <i>BIBLIA. THE BIBLE, THAT IS, THE HOLY SCRIPTURE OF THE OLDE AND NEW TESTAMENT, FAITHFULLY AND TRULY TRANLSATED OUT OF DOUCHE AND LATYN IN TO ENGLISH, 1535-1536.</i> $150,000-250,00
    <b>Sotheby’s New York: The Bible Collection of Dr. Charles Caldwell Ryrie. December 5, 2016</b>
    <b>Sotheby’s New York Dec. 5:</b> Bible, Polyglot [The Complutensian Polyglot]. <i>VETUS TESTAMENTUM MULTIPLICI LINGUA NUNC PRIMO IMPRESSUM… [ALCALÀ DE HENARES: ARNAO GUILLÉN DE BROCAR, 1514–1517]</i>. $80,000-120,000
    <b>Sotheby’s New York Dec. 5:</b> Psalter in Greek. <i>[GREEK TITLE: PSALTÊRION]. VENICE: ALDUS MANUTIUS [CA. 1496-1498; NOT AFTER 1 OCTOBER 1498]</i>. $80,000-120,000
    <b>Sotheby’s New York Dec. 5:</b> Bible in German. <i>BIBLIA, DAS IST DIE GANTZE HEILIGE SCHRIFT DEUDSCH.  AUGSBURG: HEYNRICH STEYNER, 1535</i>. $80,000-120,000
    <b>Sotheby’s New York: The Bible Collection of Dr. Charles Caldwell Ryrie. December 5, 2016</b>
    <b>Sotheby’s New York Dec. 5:</b> Thomas à Kempis. <i>IMITATIO CHRISTI. [AUGSBURG:] GÜNTHER ZAINER, [NOT AFTER 6 MAY 1473]</i>. $50,000-70,000
    <b>Sotheby’s New York Dec. 5:</b> The Four Gospels, in Greek. <i>FOUR GOSPELS WITH COMMENTARY, IN GREEK. [CONSTANTINOPLE, 11TH CENTURY]</i>. $50,000-80,000
    <b>Sotheby’s New York Dec. 5:</b> Bible in Latin. <i>A LEAF FROM THE GUTENBERG BIBLE. [MAINZ: JOHANN GUTENBERG AND JOHANN FUST, 1455]</I>.<br> $50,000-70,000
  • <b>Bonhams: History of Science and Technology. December 7, 2016</b>
    <b>Bonhams Dec. 7:</b> EINSTEIN, ALBERT. <i>Die Grundlage der allgemeinen Relativitätstheorie.</i> Leipzig: Johann Ambrosius Barth, 1916.<br>$80,000 – 120,000
    <b>Bonhams Dec. 7:</b> NEWTON, ISAAC. Autograph Manuscript in English, Signed Integrally ("Isaac Newton"). $50,000 – 70,000
    <b>Bonhams Dec. 7:</b> DARWIN, CHARLES. <i>On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life</i>. London: John Murray, 1859. $25,000 – 35,000
    <b>Bonhams: History of Science and Technology. December 7, 2016</b>
    <b>Bonhams Dec. 7:</b> NEWTON, ISAAC. <i>The Mathematical Principles of Natural Philosophy.</i> London: Benjamin Motte, 1729.<br>$20,000 – 30,000
    <b>Bonhams Dec. 7:</b> HEISENBERG, WERNER. Autograph Manuscript entitled "<i>Entwicklung der Theorie der Elementarteilche,</i>” [1964].<br>$15,000 – 25,000
    <b>Bonhams Dec. 7:</b> BERNOULLI, DANIEL. <i>Hydrodynamica, sive De viribus et motibus fluidorum commentarii.</i> Strasbourg: Johann Heinrich Decker for Johann Reinhold Dulsecker, 1738. $5,000 – 7,000
    <b>Bonhams: Voices of the 20th Century. December 7, 2016</b>
    <b>Bonhams Dec. 7:</b> [TARKOVSKY, ANDREI ARSENIEVICH.] STRUGATSKY, BORIS AND ARKADY. Typed Manuscript for <i>Stalker</i>, being the director's working script, 1977. $150,000 – 200,000
    <b>Bonhams Dec. 7:</b> HEMINGWAY, ERNEST. Typed Manuscript of "Marlin Off the Morro: A Cuban Letter," n.p., [1933]. $30,000 – 50,000
    <b>Bonhams Dec. 7:</b> SALINGER, JEROME DAVID. 4 Autograph Letters, 2 of which Signed ("Jerry") and 6 Typed Letters, 2 of which Initialed ("J"). $30,000 – 50,000
    <b>Bonhams: Voices of the 20th Century. December 7, 2016</b>
    <b>Bonhams Dec. 7:</b> PASTERNAK, BORIS LEONIDOVICH. Typed Manuscript Carbon, "Doktor Zhivago," with some typed corrections, Moscow, 1948. $30,000 – 50,000
    <b>Bonhams Dec. 7:</b> MILNE, ALAN ALEXANDER. Autograph Manuscript Signed 3 times ("A.A. Milne"), entitled "Peace with Honour: An Enquiry into the War Convention," 1934.<br>$30,000 – 50,000
    <b>Bonhams Dec. 7:</b> FROST, ROBERT. Autograph Manuscript Signed ("Robert Frost"), titled "Gold for Christmas," 1952. $15,000 – 20,000

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