Rare Book Monthly

Articles - November - 2002 Issue

Showtime In Boston: Booksellers Look At The State Of Their Trade And Offer Advice To Collectors.

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Noted Americana Bookseller Bill Reese at the Boston 2002 ABAA Book Fair.



While most exhibitors were booksellers, there were a few exceptions. The American Antiquarian Society (AAS) had a display of their facilities. Asked why the AAS would choose to display, Vincent Golden explained that the Society likes to build public awareness, and to maintain a presence among collectors and dealers. The AAS is also always on the lookout for items not yet in their collection, and hoped to come away from the show with a few “new” items. The AAS maintains an amazingly extensive collection of Americana from 1640-1877. But, that’s a topic for another time, or to be more specific, for next month’s issue of AE Monthly when the American Antiquarian Society will be featured in depth.

The ABAA naturally had a booth, and Liane Thomas-Wade said that they were “very pleased” with turnout at the show. When asked what the aim of the ABAA is, Ms. Thomas-Wade pointed to the first sentence of the “Objects of the Association,” which says “…To encourage interest in rare books and manuscripts and to maintain the highest standards in the antiquarian booktrade.” When asked what about the ABAA is most important to collectors, she immediately said their code of ethics. She pointed out that anyone not satisfied with a purchase from an association member can file an appeal with the ABAA.

Another bookseller who felt business was all right at the ABAA fair, but who also said that many of the regional fairs were not doing as well, was Melissa Sanders of Ken Sanders Rare Books from Salt Lake City, Utah. A dealership that specializes in Western Americana, Ms. Sanders explained that the eastern book shows were very important to them. “We have a huge market in the East,” she explained. “It’s like Europeans collecting Americana. The West is Easterners’ version of the New World.” Asked her advice to new book collectors, Ms. Sanders recommended “Buy a book in good condition that is scarce and you genuinely love.”

Another bookseller who felt the book fair was going well was Bill Reese of William Reese Company, New Haven, Connecticut. Mr. Reese is in a better position than most to make comparisons. He’s attended all 26 ABAA book fairs in Boston since they started in 1976, and has for many years been one of the most important dealers in Americana. Sales for Reese Company for the first half of the year have been comparable to the first six months of 2001, 2000, and 1999, although he did note there has been a little softness in the market so far in the second half.

Mr. Reese forthrightly addressed some of the concerns that are on everyone’s mind, even if not often spoken. Major declines in the stock market have evaporated billions of dollars in personal wealth, but Mr. Reese noted that most of his clients were reasonably well diversified and are still better off financially than they were ten years ago. Add to that the fact that people no longer feel, as they did a few years back, that they “can’t afford not to have money in the market,” and that low interest rates makes putting money in the bank less than appealing, and Mr. Reese stated that the book market and many types of antiques have actually done quite well. As Mr. Reese explained, “The best of the best continues to do very well. First rate is always saleable.”

Questioned about the proliferation of bookselling sites on the internet, Mr. Reese looked at this as something that requires certain adjustments by the bookseller, but is not a threat. “In some areas,” he noted, “the immediate effect is to lower prices.” But, this isn’t always the case. The bookseller needs to “be responsive to prices online, which means sometimes prices are going down and sometimes going up.” A major problem with books being sold online, he feels, is that the quality is highly variable. Bookselling websites have allowed many people to become booksellers, and while they may do their best, not all have the experience to fully understand such things as condition. This in turn can make it hard for the collector to know exactly what is being offered. One of the results is what he described as an “unsettling diversity of prices.” If you search a title on “ABE” that has several listings, you are likely to see Mr. Reese’s point. Prices can be all over the place without their being any clear understanding from the descriptions as to why. Mr. Reese joked that his ideal would be to be able to put up 10,000 titles on “ABE,” each of which was completely unique.

Rare Book Monthly

  • <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
  • <b>Doyle, April 25:</b> E.H. SHEPARD, Original drawing for A.A. Milne’s The House at Pooh Corner.<br>$40,000-60,000
    <b>Doyle, April 25:</b> BERNARD RATZER, Plan of the City of New York in North America, surveyed in the years 1766 & 1767. $80,000-100,000
    <b>Doyle, April 25:</b> THOMAS JEFFERSON, Autograph letter signed comparing Logan, Tecumseh, and Little Turtle to the Spartans. Monticello: 15 February 1821. $14,000-18,000
    <b>Doyle, April 25:</b> JOHN C. FREMONT, Narrative of the Exploring Expedition to the Rocky Mountains, in the Year 1842.. Abridged edition, the only one containing the folding map From the Sporting Library of Arnold “Jake” Johnson. $3,000-5,000
    <b>Doyle, April 25:</b> ZANE GREY, Album containing 94 large format photographs of Grey and party at Catalina Island, Arizona, and fishing in the Pacific. From the Sporting Library of Arnold “Jake” Johnson. $5,000-$8,000
    <b>Doyle, April 25:</b> WILLIAM COMBE, A History of Madeira ... illustrative of the Costumes, Manners, and Occupations of the Inhabitants. produced by Ackermann in 1821; From the Sporting Library of Jake Johnson. $2,000-$3,000
    <b>Doyle, April 25:</b> ERIC TAVERNER, Salmon Fishing... One of 275 copies signed by Taverner, published in 1931,From the Sporting Library of Jake Johnson. $2,000-$3,000
    <b>Doyle, April 25:</b> JOHN WHITEHEAD, Exploration of Mount Kina Balu, North Borneo. Whitehead reached the high point of Kinabalu in 1888. Part of a major group of travel books from the Sporting Library of Jake Johnson. $2,000-$3,000
    <b>Doyle, April 25:</b> JOHN LONG, Voyages and Travels of an Indian Interpreter and Trader, describing the Manners and Customs of the North American Indians... The first edition of 1791. $3,000-$5,000
    <b>Doyle, April 25:</b> SAMUEL BECKETT, Stirrings Still. This, Beckett’s last work of fiction with original lithographs by Le Brocquy, limited to 200 copies signed by the author and the artist. From the Estate of Howard Kaminsky.. $1,500-$2,500
  • <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>Swann Auction Galleries Apr 26:</b> Jacques-Émile Ruhlmann, wallpaper sample book, circa 1919. $15,000 to $25,000.
    <b>Swann Auction Galleries Apr 26:</b> Archive from a late office of the Breuer & Smith architectural team, New York, 1960-70s. $3,500 to $5,000.
    <b>Swann Auction Galleries Apr 26:</b> William Morris, <i>The Story of the Glittering Plain or the Land of Living Men,</i> illustrated by Walter Crane, Kelmscott Press, Hammersmith, 1894. $2,500 to $3,500.
    <b>Swann Auction Galleries Apr 26:</b> Gustave Doré, <i>La Sainte Bible selon la Vulgate,</i> Tours, 1866. $15,000 to $25,000.
    <b>Swann Auction Galleries Apr 26:</b> Gustav Klimt & Max Eisler, <i>Eine Nachlese,</i> complete set, Vienna, 1931. $15,000 to $25,000.
    <b>Swann Auction Galleries Apr 26:</b><br>Eric Allatini & Gerda Wegener, <i>Sur Talons Rouges,</i> with original watercolor by Wegener, Paris, 1929. $5,000 to $7,500.
    <b>Swann Auction Galleries Apr 26:</b><br>C.P. Cavafy, <i>Fourteen Poems,</i> illustrated & signed by David Hockney, London, 1966. $5,000 to $7,500.
    <b>Swann Auction Galleries Apr 26:</b> Jean Midolle, <i>Spécimen des Écritures Modernes...</i>, Strasbourg, 1834-35. $3,000 to $4,000.
    <b>Swann Auction Galleries Apr 26:</b><br>E.A. Seguy, <i>Floréal: Dessins & Coloris Nouveaux,</i> Paris, 1925. $3,000 to $4,000.

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