• <b>Kedem, Nov. 13:</b> Illuminated manuscript on parchment with gold leaf initial words – Seder Tikunei Shabbat by the Arizal (Pressburg, 1744). $30,000 to $40,000
    <b>Kedem, Nov. 13:</b> Manuscript on parchment – Hilchot HaRif on many tractates – personal copy of Rabbi Shlomo Luria, the Maharshal, with his signatures and glosses – Spain, 14th century. $400,000 to $500,000
    <b>Kedem, Nov. 13:</b> The Ramchal Machzor – His personal copy with hundreds of Kabbalistic glosses handwritten by the Ramchal. $300,000 to $500,000
    <b>Kedem, Nov. 13:</b> Passport of Rebbe Aharon Rokeach of Belz – with his photograph and signature – issued in preparation for leaving Eretz Israel during the War of Independence. $40,000 to $60,000
    <b>Kedem, Nov. 13:</b> Keter HaRabbanut –Certificate of appointment of Rebbe Yoel Teitelbaum of Satmar, author of Divrei Yoel, as Rabbi of Satmar – 1928. $120,000 to $150,000
    <b>Kedem, Nov. 13:</b> Sipurei Ma’asiot by Rabbi Nachman of Breslov – First edition (Ostroh, 1815) – handwritten correction by Rabbi Natan of Breslov and unknown title page. $200,000 to $300,000
    <b>Kedem, Nov. 13:</b> Five Books of the Torah with the Or HaChaim Commentary – two volumes – first edition (Venice, 1741). $60,000 to $80,000
    <b>Kedem, Nov. 13:</b> The Inquisition of Bologna – Collection of handwritten documents – trials and investigations of Jews by the Inquisition of Bologna (15th century). $15,000 to $20,000
    <b>Kedem, Nov. 13:</b> Theodor Herzl – ‘The Jewish State’ – First edition in original wrappers (Vienna-Leipzig, 1896). $15,000 to $20,000
    <b>Kedem, Nov. 13:</b> Collection of newspapers printed on the day of Israel’s Declaration of Independence – Jerusalem, 1948. $6,000 to $10,000
    <b>Kedem, Nov. 13:</b> Declaration of Independence of Israel – Final draft of Israel’s Scroll of Independence with invitation and ticket to the Declaration session. $20,000 to $30,000
    <b>Kedem, Nov. 13:</b> Twenty-five photographs – Visit of the German Emperor Wilhelm II to Palestine, 1898. $6,000 to $10,000
  • <b>Swann Auction Galleries Nov 13:</b> Jack London, <i>The Sea-Wolf,</i> first edition, second issue, in rare dust jacket, New York, 1904. $4,000 to $6,000.
    <b>Swann Auction Galleries Nov 13:</b> Ernest Hemingway, <i>Three Stories & Ten Poems, </i> first edition, ex-collection Al Hirschfeld, Paris, 1923. $18,000 to $25,000.
    <b>Swann Auction Galleries Nov 13:</b> Toni Morrison, <i>The Bluest Eye,</i> first edition, review copy, signed, New York, 1970. $3,500 to $5,000.
    <b>Swann Auction Galleries Nov 13:</b> Edgar Allan Poe, <i>Tales,</i> first edition, first printing, New York, 1845. $15,000 to $20,000.
    <b>Swann Auction Galleries Nov 13:</b> J.D. Salinger, <i>The Catcher in the Rye,</i> first edition, first issue in unrestored dust jacket, 1951. $7,000 to $10,000.
    <b>Swann Auction Galleries Nov 13:</b> Walt Whitman, <i>Complete Poems & Prose,</i> first collected edition, signed on sectional title Leaves of Grass, Camden, 1888. $4,000 to $6,000.
    <b>Swann Auction Galleries Nov 13:</b> George Orwell, <i>Nineteen Eighty-Four,</i> first edition, London, 1949. $3,000 to $4,000.
    <b>Swann Auction Galleries Nov 13:</b> Ray Bradbury, <i>Fahrenheit 451,</i> group of 3 typescripts, signed & inscribed by Bradbury. $800 to $1,200.
    <b>Swann Auction Galleries Nov 13:</b> Henry David Thoreau, <i>The Writings,</i> manuscript edition in original binding, 20 volumes, Boston, 1906. $7,000 to $10,000.
    <b>Swann Auction Galleries Nov 13:</b> Ralph Waldo Emerson, <i>May-Day & Other Pieces,</i> first edition, signed & inscribed by author to nephew, Boston, 1867. $4,000 to $6,000.
    <b>Swann Auction Galleries Nov 13:</b> David Foster Wallace, <i>Infinite Jest,</i> first edition, first issue dust jacket, Boston, 1996. $1,000 to $1,500.
  • <b>Christie’s Paris, Nov 20:</b> GAZA, Theodorus. <i>Introductivae grammatices libriquatuor.</i> Venice: Aldus Manutius, 25 December 1495. €40,000 to 50,000
    <b>Christie’s Paris, Nov 20:</b> MACHIAVELLI, Niccolo. <i>Historie di Nicolo Machiavegli cittadino, et segretario fiorentino</i>... Rome: Antonio Blado, 25 March 1532. €15,000 to 20,000
    <b>Christie’s Paris, Nov 20:</b> BELLMER, Hans -- ELUARD, Paul. <i>Les Jeux de la Poupée. Illustrés de textes par Paul Eluard.</i> Paris : les Editions Premieres, 1949. €30,000 to 40,000
    <b>Christie’s Paris, Nov 20:</b> [BONNARD, Pierre] - VERLAINE, Paul. <i>Parallèlement.</i> Paris : Imprimerie nationale & Ambroise Vollard, 1900. €30,000 to 40,000
  • <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> Ernest Hemingway, <i>A Farewell To Arms,</i> 1929. $500 to $800
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> William Faulkner, <i>Go Down Moses,</i> 1942. $300 to $500
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> Jack Kerouac, <i>Vanity Of Dulouz,</i> 1968. $250-350
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> Gertrude Stein, <i>The Autobiography of Alice B. Toklas,</i> 1933. $150-250
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> John Steinbeck, Three first editions. Comprising <i>Of Mice and Men, Covici-Friede,</i> 1937. $200 to $300
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> Dalton Trumbo, <i>Johnny Got His Gun,</i> 1939. $300 to $500
    <b>Doyle, Online-Only Auction, 20th Century Literature, Nov 15:</b> Evelyn Waugh, <i>Vile Bodies,</i> 1930. $400 to $600

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>Old World Auctions (Nov 1-14):</b><br>Lot 45. A complete edition of the rare and popular <i>Mer des Histoires,</i> 1543. Est. $28000 to $35000
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 64. Kircher's fascinating cross-section of the earth's interior, 1682. Est. $1600 to $1900
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 68. Geographical guide to a man's heart with obstacles "clearly marked", 1960. Est. $200 to $300
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 75. Jansson's rare carte-a-figures map of the Americas in full original color, 1645. Est. $7000 to $8500
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 107. Includes famous Gallatin map and portraits of North American Indians, 1840. Est. $900 to $1100
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 231. A hot-air balloon perspective of California's famous Wine Country, 1979. Est. $150 to $180
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 236. Lovely chromolithograph of California Street in San Francisco, 1864. Est. $1000 to $1300
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 446. Rare German satirical map of World War I, 1915. Est. $1800 to $2200
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 543. Olearius' important plan of Moscow, 1647. Est. $1800 to $2200
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 660. Robert Walton's scarce, separately-issued carte-a-figures map, 1660. Est. $6000 to $7000
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 702. Rare engraving of flags from "Le Neptune Francois", 1700.<br>Est. $950 to $1200
    <b>Old World Auctions (Nov 1-14):</b><br>Lot 719. Two-volume geographical grammar & dictionary with 20 maps, 1795. Est. $450 to $550
  • <b>Leslie Hindman Auctioneers:<br>The Fine Cartographic and Printed Americana Collection of Evelyn and Eric Newman. November 12, 2018</b>
    <b>Leslie Hindman, Nov. 12:</b> JEFFERYS, Thomas. <i>The American Atlas: or, a geographical description of the whole continent of America.</i> London R. Sayer and J. Bennett, 1776. $60,000 to $80,000
    <b>Leslie Hindman, Nov. 12:</b> LE ROUGE, Georges-Louis. <i>Atlas Amériquain Septentrional contenant les details des differentes provinces, de ce vaste continent…</i> Paris: Chez Le Rouge, 1778. $25,000 to $35,000
    <b>Leslie Hindman, Nov. 12:</b> DANCKERTS, Justus. <i>Novi Belgii Novaeque Angliae nec non Partis Viginiae Tabula.</i> [Amsterdam, ca 1655]. First edition, first state. $6,000 to $8,000
    <b>Leslie Hindman Auctioneers:<br>The Fine Cartographic and Printed Americana Collection of Evelyn and Eric Newman. November 12, 2018</b>
    <b>Leslie Hindman, Nov. 12:</b> LUCAS, Fielding. <i>A New and Elegant General Atlas Containing Maps of Each of the United States.</i> Baltimore and Philadelphia: Fielding Lucas, Jr. and Philip H. Nicklin, [1816]. $8,000 to $12,000
    <b>Leslie Hindman, Nov. 12:</b> MELISH, John. <i>Map of the United States...Entered...the 16th day of June, 1820...</i> Philadelphia, 1820. The Thomas W. Streeter copy. $30,000 to $40,000
    <b>Leslie Hindman, Nov. 12:</b> [NEW YORK]. <i>The Country Twenty Five Miles Round New York, Drawn by a Gentleman from that City.</i> London: W. Hawkes (Successor to T. Kitchin), 21st November 1776. $5,000 to $7,000
    <b>Leslie Hindman, Nov. 12:</b> POPPLE, Henry. <i>A Map of the British Empire in America with the French and Spanish settlements adjacent thereto.</i> London: William Henry Toms, 1733 [but c.1735]. $30,000 to $40,000
  • <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>Ketterer Kunst Hamburg, Rare Books Auction on November 26th</b>
    <b>Ketterer Rare Books, November 26:</b> H. Schedel, <i>Buch der Chroniken,</i> 1493. Est: € 120,000
    <b>Ketterer Rare Books, November 26:</b> Latin and Book of Hours, around 1500. Est: € 50,000
    <b>Ketterer Rare Books, November 26:</b> Biblia latina, Koberger printing 1493. Est: € 4,000
    <b>Ketterer Kunst Hamburg, Rare Books Auction on November 26th</b>
    <b>Ketterer Rare Books, November 26:</b> P. de Medina, <i>Libro de grandezas,</i> 1549. Est: € 6,000
    <b>Ketterer Rare Books, November 26:</b> C. J. Trew, <i>Plantae selectae,</i> 1750-73. Est: € 28,000
    <b>Ketterer Rare Books, November 26:</b> A. de Laborde, <i>Voyage pittoresque,</i> 1806-20. Est: € 8,000
    <b>Ketterer Kunst Hamburg, Rare Books Auction on November 26th</b>
    <b>Ketterer Rare Books, November 26:</b> G. Klimt, <i>Eine Nachlese,</i> 1931.<br>Est: € 10,000
    <b>Ketterer Rare Books, November 26:</b> W. Kandinsky, <i>Klänge,</i> 1913.<br>Est: € 20,000
    <b>Ketterer Rare Books, November 26:</b> F. Léger, <i>Les illuminations,</i> 1949.<br>Est: € 2,000
    <b>Ketterer Kunst Hamburg, Rare Books Auction on November 26th</b>
    <b>Ketterer Rare Books, November 26:</b> Master binding by E. Maylander, 1945. Est: € 1,000
    <b>Ketterer Rare Books, November 26:</b> Master binding by G. Cretté, 1934. Est: € 6,000
    <b>Ketterer Rare Books, November 26:</b> S. Dalí, <i>Après 50 ans des surréalisme,</i> 1974. Est: € 8,000
  • <b>Christie’s London, 28 November:</b><br>The first edition, in the original wrappers, of the first part of Pushkin’s masterpiece – ‘a bibliographical rarity of the highest order’ (Smirnov-Sokol’skii). £25,000 to £35,000
    <b>Christie’s London, 28 November:</b><br>The very rare first edition of Gogol’s first masterpiece and his first obtainable book. £50,000 to £70,000
    <b>Christie’s London, 28 November:</b><br>The first edition of Dostoevsky's <i>Brat'ia Karamazovy</i> (1830) in a superb contemporary cloth presentation binding. £22,000 to £30,000
    <b>Christie’s London, 28 November:</b><br>The first edition of the first version of the opening of <i>War and Peace,</i> with the original paper covers. £15,000 to £20,000
    <b>Christie’s London, 28 November:</b><br>An early corrected typescript of Akhmatova's <i>Poema bez geroia</i> (July 1946) £20,000 to £30,000
    <b>Christie’s London, 28 November:</b><br>A presentation copy of the first edition of <i>Kamen</i> (1913) inscribed by Mandel'shtam to his early mentor the poet Viacheslav Ivanov. £60,000 to £90,000
    <b>Christie’s London, 28 November:</b><br>Rare autograph correspondence from Vladislav Khodasevich, including a manuscript of his long poem 'Sorrento Photographs' (1921). £10,000 to £15,000
    <b>Christie’s London, 28 November:</b><br>An important letter from Marina Tsvetaeva to the poet Nikolai Tikhonov (1935) in which she challenges Pasternak and his views on poetry. £12,000 to £18,000
  • <center><b>David Gindy's One Of A Kind Collectibles Rare Autographs & Manuscripts Auction.<br>November 15, 2018</b>
    <b>One of a Kind Collectibles, Nov. 15:</b> An original copy of the 19th Amendment to the U.S. Constitution “extending the right of suffrage to women.” $15,000 to $20,000
    <b>One of a Kind Collectibles, Nov. 15:</b> William Henry Harrison. Very rare signature as President. $7,500 to $10,000
    <b>One of a Kind Collectibles, Nov. 15:</b> 24"x32" Signed Image of Alexander Graham Bell. $7,500 to $10,000
    <center><b>David Gindy's One Of A Kind Collectibles Rare Autographs & Manuscripts Auction.<br>November 15, 2018</b>
    <b>One of a Kind Collectibles, Nov. 15:</b> Important Appointment for Harry Woodring as Secretary of War by Franklin D. Roosevelt. $3,000 to $5,000
    <b>One of a Kind Collectibles, Nov. 15:</b> Thomas Edison original patent related to dynamos for electrical lamps. $14,000 to $18,000
    <b>One of a Kind Collectibles, Nov. 15:</b> Important 1681 Penn Land Grant to His friend Robert Turner, credited for defining the look of Philadelphia for the next 200 years. $5,000 to $7,000
    <center><b>David Gindy's One Of A Kind Collectibles Rare Autographs & Manuscripts Auction.<br>November 15, 2018</b>
    <b>One of a Kind Collectibles, Nov. 15:</b> Act of the Second Congress relating to trade with Indians issued by George Washington and signed by Thomas Jefferson. $22,000 to $27,000
    <b>One of a Kind Collectibles, Nov. 15:</b> Lincoln, Abraham. Document signed, August 15, 1861, appointing Fabius Stanley a Commander in the Navy. $6,500 to $8,000
    <b>One of a Kind Collectibles, Nov. 15:</b> Abraham Lincoln. A fine example of the iconic George Clark ambrotype. $3,000 to $5,000
    <center><b>David Gindy's One Of A Kind Collectibles Rare Autographs & Manuscripts Auction.<br>November 15, 2018</b>
    <b>One of a Kind Collectibles, Nov. 15:</b> Hector Berlioz. Rare autograph musical quotation signed, seven bars from the “Love Scene” of his choral symphony Romeo et Juliette. $4,000 to $6,000
    <b>One of a Kind Collectibles, Nov. 15:</b> McKenney & Hall. <i>History of the Indian Tribes of North America</i>, 1865, Three Volumes. $3,000 to $5,000
    <b>One of a Kind Collectibles, Nov. 15:</b> Rare Honore de Balzac handwritten and signed letter bound in book. $3,000 to $5,000
  • <b>Leslie Hindman Auctioneers:<br>Fine Books and Manuscripts.<br>November 13, 2018</b>
    <b>Leslie Hindman, Nov. 13:</b> LINCOLN, Abraham. Autograph letter signed ("A. Lincoln"), as President, to Montgomery Blair. Washington, D. C., September 23 1864. Lincoln requests Blair’s resignation. $30,000 to $50,000
    <b>Leslie Hindman, Nov. 13:</b> WILDE, Oscar. <i>Lady Windermere's Fan.</i> London: Elkin Mathews and John Lane, 1893. First edition, presentation copy inscribed by Wilde to George Alexander. $12,000 to $18,000
    <b>Leslie Hindman, Nov. 13:</b> MILLER, Henry. <i>The Tropic of Cancer.</i> Paris: Obelisk Press, [1934]. FIRST edition, presentation copy, with an original watercolor by Miller, and inscribed by Miller. $5,000 to $7,000
    <b>Leslie Hindman Auctioneers:<br>Fine Books and Manuscripts.<br>November 13, 2018</b>
    <b>Leslie Hindman, Nov. 13:</b> AUSTEN, Jane. <i>Emma.</i> London: for John Murray, 1816. First edition. $8,000 to $10,000
    <b>Leslie Hindman, Nov. 13:</b> LONGFELLOW, Henry Wadsworth. <i>The Song of Hiawatha.</i> London: W. Kent & Co., 1860. $4,000 to $6,000
    <b>Leslie Hindman, Nov. 13:</b> [JACKSON, Andrew]. Hickory walking stick presented to Francis Preston Blair. Handle with inset engraved plaque with a globe and text reading: "A. Jackson to F. P. Blair," 36 1/2-in. in length. $2,000 to $3,000
    <b>Leslie Hindman, Nov. 13:</b> [LINCOLN, Abraham -- ASSASSINATION]. <i>Ford's Theatre...Friday Evening, April 14th, 1865.</i> Washington, D. C.: H. Polkinhorn & Son, 1865. $3,000 to $4,000
  • <b>Bonhams: Sale Results from <i>Exploration and Travel, Featuring Americana, Part I.</i> September 25, 2018</b>
    <b>Bonhams, Sep. 25 results:</b> Shackleton, Ernest. <i>Aurora Australis.</i> Printed at the sign of 'The Penguins'; East Antarctica, 1908. Sold for $97,500
    <b>Bonhams, Sep. 25 results:</b> Shackleton, Ernest. <i>South Polar Times.</i> 1st edition, limited issue. from the library of Michael Barne. Sold for $25,000
    <b>Bonhams, Sep. 25 results:</b> General Washington's <i>Proceedings of a General Court Martial... of Major General Lee.</i> Philiadelphia, 1778. 100 copies printed for Congress. BOUND WITH: ...Court Martial... of St Clair and ...Schuyler. Sold for $87,50
    <b>Bonhams: Sale Results from <i>Exploration and Travel, Featuring Americana, Part I.</i> September 25, 2018</b>
    <b>Bonhams, Sep. 25 results:</b> <i>The Voice of the People.</i> Boston, 1754. Rare pamphlet on the Excise Tax. Nathaniel Sparhawk's copy. Sold for $8,750
    <b>Bonhams, Sep. 25 results:</b> Autograph Letter Signed ("S.L. Clemens"), offering extensive hard-earned advice on writing, 5 pp, 1881. Sold for $37,500
    <b>Bonhams, Sep. 25 results:</b> Lewis, Meriwether. Contemporary manuscript true copy of his final power of attorney, 1809. Sold for $7,500
    <b>Bonhams, Sep. 25 results:</b> <i>A New Method of Macarony Making, as Practiced at Boston in North America.</i> Mezzotint. London, 1774. Sold for $6,875
    <b>Bonhams, Sep. 25 results:</b> <i>Scientific Base Ball Pitching: A Treatise on the Pitcher, Pitching, Origin and Philosophy of the Curve.</i> Chicago, 1897. Sold for $3,750

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