• <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> BROWNING, ELIZABETH BARRETT. Autograph Manuscript Initialed ("E.B.B."), being the working notebook for the poems contained in <i>The Seraphim and Other Poems</i>. $400,000 to 600,000
    <b>Bonhams Mar. 9:</b> WILDE, OSCAR. Two leaves, pp 31-34, from the first appearance of <i>The Picture of Dorian Gray in Lippincott's Monthly Magazine for July, 1890</i>, with Wilde's autograph revisions. $40,000 to 60,000
    <b>Bonhams Mar. 9:</b> SHAKESPEARE, WILLIAM. <i>Comedies, Histories and Tragedies; Published according to the true Originall Copies. Second Impression. [THE SECOND FOLIO.]</i> $200,000 to 300,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> KENNEDY, JOHN FITZGERALD. Photograph Signed ("John F. Kennedy") and Inscribed, 8 x 10 inch gelatin silver print, of Senator Kennedy and Miss Barelli, at the swearing of the secretarial oath for Miss Barelli. $1,200 to 1,800
    <b>Bonhams Mar. 9:</b> COOPER, JAMES FENIMORE. Autograph Manuscript, being Chapter XXVII of <i>Afloat and Ashore</i>. $15,000 to 20,000
    <b>Bonhams Mar. 9:</b> IRVING, WASHINGTON. Autograph Manuscript, being Chapter 20 from Volume IV of <i>The Life of George Washington</i>. $20,000 to 30,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> VERNE, JULES. Autograph Manuscript Signed ("Jules Verne"), being the complete short story "<i>Une fantaisie de docteur Ox</i>". $100,000 to 150,000
    <b>Bonhams Mar. 9:</b> ALCHEMY. <i>[The Crowning of Nature, or Coronatio Naturae.]</i> Original alchemical manuscript on paper, ruled in red, with watermark of the arms of Schieland. $100,000 to 150,000
    <b>Bonhams Mar. 9:</b> DE JODE, CORNELUS. 1568 - 1600. <i>Quivirae Regnu, Cum Alija Versus Borea</i>. [Antwerp: Arnoldum Coninx, 1593]. $7,000 to 10,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> HOOKER, JOSEPH DALTON. <i>The Rhododendrons of Sikkim-Himalaya; Being an Account, Botanical and Geographical, of the Rhododendrons Recently Discovered in the Mountains of Eastern Himalaya</i>… $7,000 to 10,000
    <b>Bonhams Mar. 9:</b> CATLIN, GEORGE. <i>North American Indian Portfolio. Hunting scenes and amusements of the Rocky Mountains and prairies of America. From drawings and notes of the author, made during eight years' travel.</i> $20,000 to 30,000
    <b>Bonhams Mar. 9:</b> LINCOLN, ABRAHAM. HESLER, ALEXANDER. Platinum print, 8 3/4 x 6 3/4 in, of a beardless Lincoln, 1860.<br>$2,000 to 3,000
  • <b>Daniel Crouch Rare Books</b><br>SAXTON, Christopher. <i>The Travellers Guide being the best Mapp of the Kingdom of England and Principality of Wales</i>. London, [1583, but c.1716].
    <b>Daniel Crouch Rare Books</b><br>VISSCHER, Claes Jansz. <i>Novissima et Accuratissima Leonis Belgici</i>. Amsterdam, Claes Jansz Visscher, [1611-1621 or later].
    <b>Daniel Crouch Rare Books</b> PTOLEMAEUS, Claudius. <i>Decima Asie Tabula</i>. Ulm, Lienhart Holle, 16 July 1482.
    <b>Daniel Crouch Rare Books</b><br>WIT, Frederick de, and Gerard VALK. <i>Orbis Terrarum Nova et Accurata Tabula</i>. Amsterdam, Gerard Valk, [c.1690-1700].
    <b>Daniel Crouch Rare Books</b><br>APIANUS, Petrus. <i>Astronomicum Caesareum</i>. Ingolstadt, Peter Apian, 1540.
    <b>Daniel Crouch Rare Books</b><br>CASSINI, Jean-Dominique. <i>Carte de la Lune</i>. Paris, Jean-Dominique Cassini, 1787.
    <b>Daniel Crouch Rare Books</b> PTOLEMAEUS, Claudius. <i>Geographicae enarrationis libri octo</i>. Argentoragi, 1525.
    <b>Daniel Crouch Rare Books</b><br>[SAXTON, Christopher]. <i> [An Atlas of England and Wales]</i>. [London, Christopher Saxton, 1579].
    <b>Daniel Crouch Rare Books</b> Commission des sciences et arts d'Egypte. <i>Description de l’Égypte</i>… Paris, Imprimerie impériale - Imprimerie royale, 1809-1828.
    <b>Daniel Crouch Rare Books</b> CHURCHMAN, John. <i>To George Washington President of the United States of America this Magnetic Atlas or Variation Chart is humbly inscribed by John Churchman</i>. Philadelphia, 1790.
    <b>Daniel Crouch Rare Books</b><br>APIANUS, Petrus. <i>Tipus Orbis Universalis</i>. Vienna, Johannes Camertius, 1520.
    <b>Daniel Crouch Rare Books</b><br>LORIOT, A[uguste], [after] Nicolas LANE. <i>[Pocket globe]</i>. London, 65 New Bond Street, 1809.
    <b>Daniel Crouch Rare Books</b><br>BLAEU, Johannes. <i>Grooten Atlas</i>. Amsterdam, Joan Blaeu, 1662-1665.
    <b>Daniel Crouch Rare Books</b><br>INGEBORG BRUN, Emmy. <i>Mars efter Lowell’s Glober 1894-1914</i>. Denmark, [c1915].
    <b>Daniel Crouch Rare Books</b><br>LUTHER, Martin. <i>Der vierde Teil aller Bücher vnd Schrifften des thewren seligen Mans</i>. Gedruckt zu Jhena, Durch Christian Rödinger, 1556.
  • <b>Swann Auction Galleries, Mar 9: Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries, Mar 9:</b> Single leaf from a paper copy of the Gutenberg Bible, Mainz, 1455, in a copy of Newton's <i>A Noble Fragment</i>. $40,000 to $60,000.
    <b>Swann Auction Galleries, Mar 9:</b> Immanuel Kant, <i>Critik der reinen Vernunft</i>, first edition, Riga, 1781. $8,000 to $12,000.
    <b>Swann Auction Galleries, Mar 9:</b> Hans Holbein, <i>The Images of the Old Testament</i>, with 94 woodcut illustrations, first edition in English, Lyon, 1549. $10,000 to $15,000.
    <b>Swann Auction Galleries, Mar 9: Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries, Mar 9:</b> Samuel Johnson, <i>A Dictionary of the English Language</i>, first edition, London, 1755. $6,000 to $9,000.
    <b>Swann Auction Galleries, Mar 9:</b><br>John Milton, <i>Paradise Lost</i>, first edition, London, 1668.<br>$6,000 to $9,000.
    <b>Swann Auction Galleries, Mar 9:</b> Antonio de Guevara, <i>The Dial of Princes</i>, London, 1568.<br>$3,000 to $5,000.
    <b>Swann Auction Galleries, Mar 9: Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries, Mar 9:</b> <i>Oraciones de los SS. Mysterios Gloriosos y Dolorosos</i>, manuscript in Spanish, Brussels, 1676.<br>$3,000 to $5,000.
    <b>Swann Auction Galleries, Mar 9:</b><br>Jan Nieuhoff, et al., <i>An Embassy from the East-India Company... to the Grand Tartar Cham, Emperour of China, </i>London, 1671. 4,000 to $6,000.
    <b>Swann Auction Galleries, Mar 9:</b> Moses Maimonides, <i>Ha-Higayon... Logica</i>, first edition, Basel, 1527.<br>$800 to $1,200.
    <b>Swann Auction Galleries, Mar 9: Early Printed, Medical, Scientific & Travel Books</b>
    <b>Swann Auction Galleries, Mar 9:</b> Petrus Berchorius, <i>Liber Bibliae moralis</i>, fourth edition of the first volume, Cologne, 1477.<br>$10,000 to $15,000.
    <b>Swann Auction Galleries, Mar 9:</b> Niccolò Machiavelli, <i>The Florentine Historie</i>, first edition in English, London, 1595. $3,000 to $5,000.
    <b>Swann Auction Galleries, Mar 9:</b><br>Sir Philip Sidney, <i>The Countesse of Pembrokes Arcadia</i>, third edition, London, 1598. $3,000 to $5,000.
  • <b>Seth Kaller:</b> “America the Beautiful”
    <b>Seth Kaller:</b> George Washington, Tongue-in-Cheek, Writes James McHenry About His Wife or Mistress—But Funding the Continental Army is the Real Topic
    <b>Seth Kaller:</b> Young’s Map of the United States
    <b>Seth Kaller:</b> President Lincoln & His Most Profitable Client, the Illinois Central Railroad
    <b>Seth Kaller:</b> Lincoln Thanks Former Pro-Slavery and Newly Republican Congressman for a Fiery Anti-Slavery Speech at a Philadelphia Campaign Rally
    <b>Seth Kaller:</b> “A Visit From St. Nicholas” - great association copy inscribed by Clement C. Moore
    <b>Seth Kaller:</b> Einstein Agrees to Allow “a Short Book on the Hydrogen Bomb” to Use His Statement Made on Eleanor Roosevelt’s TV Show
    <b>Seth Kaller:</b> The Building Blocks of Albert Einstein’s Creative Mind
    <b>Seth Kaller:</b> A Unique Manuscript Map of Block Island Sound Including Fisher’s and Gardiner’s Islands, the Hamptons, and Montauk Point
    <b>Seth Kaller:</b> J.R.R. Tolkien Writes his Proofreader with a Lengthy Discussion of the Lord of the Rings, Including Criticism of Radio Broadcasts of his Work
    <b>Seth Kaller:</b> Six Benjamin Franklin Signed Receipts – Including his Earliest Obtainable Autograph — Acknowledging a Donation to the Famous Library Company He Founded, and Five Payments for His Pennsylvania Gazette
    <b>Seth Kaller:</b> Sherman Dishes on Lincoln & Thomas, Meade, Sheridan, Halleck & Grant

Rare Book Monthly

Articles - February - 2015 Issue

Book Prices Rose Another 5 % in 2014

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Auction prices rose 5% in 2014.

Prices of collectible books and related ephemera continue to rise in tandem with the American economy, an analysis of sales at auction from 2014 reveals. Books sold at traditional auction houses (excluding high-volume, low-priced online auctions) saw their prices rise by 5% last year, based on the median price achieved. This follows an increase of 7% the previous year.

 

The median for 2014 was $423, versus $402 for 2013. As such, that was the second highest overall value achieved, equaling that of 2006. Only 2007, the year before the economic collapse, saw a higher median price reached. After bottoming in 2010, prices have been recovering ever since.

 

Volume sold at auction is also rising. Over 400,000 items were tracked by the Rare Book Hub last year, with more than 300,000 sold. That represents a little over 50,000 more items offered than in 2013, a little fewer than 50,000 more items sold. This was an increase of 15% in items offered, 18% in items sold.

 

The sell-though rate was also up, 2% to 74% in 2014, vs. 72% in 2013. This was also the highest number since 2007, and the first time since then that sell-through reached its traditional level of around 75%. At the bottom of this cycle, in 2009, sell-through was only 67%. As with the economy, collector confidence continues to rebound, though not with the “irrational exuberance” of 2007 when prices rose 15% in one year.

 

By far the largest volume of sales came from the online sales at Heritage Auctions of Dallas, which features many ephemeral items. They sold over 91,000 items. RR Auctions of Amherst, New Hampshire, also selling online, was second at 11,250. They were followed by more traditional book auctioneers, Bloomsbury of London with 10,989 items sold, Kiefer Buch of Pforzheim, Germany, with 10,223, and Swann Galleries of New York with 9,175. Bonham's would have crossed the 10,000 threshold if all locations (7) were combined.

 

The highest median price was achieved at Sotheby's in New York at $15,000, followed by Christie's London – King Street at $9,420. These two houses regularly dominate the high end and 2014 was no exception. The top seven positions were held by various locations of Christie's and Sotheby's. The next two were less traditional, on premises auctions held by the Arader Galleries or Guernsey's on their behalf, and bookseller Peter Arnold of Australia. The highest average prices came at Sotheby's New York at $50,038 and Christie's New York at $32,321.

 

For collectors just starting out, or not quite such high rollers, there were nine houses where the median was under $100. Most notable, in terms of volume, were the Heritage online auctions where over 91,000 items sold with a median price of $94. National Book, Keys, Knotty Pine, and Antiquarian Auctions of Cape Town also had a sizable number of lots under $100, but the prize goes to the auctions held by the Lancaster Mennonite Historical Society where 2,448 lots sold at a median price of $10 and an average price of $21.

 

Another sign of potential bargains is a very high sell-through rate, an indication that most items are being sold without reserve. National Book Auctions again led the way, along with Alaska Auction at 99%. Aspire, Addison & Sarova, Carlsen Gallery, Dirk Soulis, Robert Siegel Galleries, and Stair Auctioneers all had at least a 95% sales rate, with Heritage Dallas' 91,000 just missing the cut at 94%. Often, these bargains come from auctions in out-of-the-way places, an opportunity for those who search thoroughly and bid online.

 

Once again, November was the busiest month of the year. A total of 13.2% of the lots were offered during that month alone. However, May has, in effect, become the November of the spring, with 12.7% of the lots offered in that month. The fourth quarter of the year was also again the busiest, with 32.9% of the lots offered, while the second quarter saw 30.3% of the lots offered. However, as more auction houses attempt to reach people at a time when there is less clutter in the market, the off-season continues to grow. The greatest growth occurred in the slowest month – August – where offerings rose by 69%. Last year, August reached the 10,000 mark for the first time. This year, 18,576 lots were offered in the deepest part of the off-season.

 

When we compiled this report last year, we concluded with a note of caution. Four of the five lowest medians came in the last five months of the year. Did this represent a decline in pricing likely to carry over into 2014? Now we have the answer – no. The highest median prices this time were achieved in the fourth quarter of 2014, with the two highest months being November and December. The year 2014 went out with a bang.

Rare Book Monthly

  • <b>Now in press: 19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop.</b> <i>The First American Magna Carta. English Liberties.</i> Boston, 1721.
    <b>19th Century Shop.</b> Babbage presentation to Peel, the man who killed the Difference Engine 1832
    <b>19th Century Shop.</b> The Stamp Act. 1765
    <b>Now in press: 19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop.</b> Central Park Photographs by Prevost 1862
    <b>19th Century Shop.</b> Salem Witch Trials. Wonders of the Invisible World 1693
    <b>19th Century Shop.</b> Mammoth print of Millie-Christine, "The Carolina Twins" c. 1868
  • <b>Lawbook Exchange:</b> Lawbook Exchange. Trials for Murder, Robbery, Burglary, Rapes, Sodomy... 4 vols. London, 1764. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> An Enquiry Concerning the Liberty, And Licentiousness of the Press. New York, 1801. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Tavern Licence Granted to John Swan by Mayor James Duane, 1789. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> First edition of Story's, Commentaries on the Constitution. 3 vols. Boston, 1833. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Manuscript Law Dictionary. Repertorium Universale, Amandola, Italy, c.1750. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Magna Carta. London, 1556. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Hemard. Code Civil, in an extraordinary binding. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Two Accounts of the Murder of Mr. John Hayes. London, 1726. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Robinson, Boardman. Mr Justice Precedent. 1914. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Five volumes of Italian Legal Code in miniature. Turin: Fratelli Bocca, 1901-1903. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Tartagni. Alexander de Imola in Prima(m) (et) Secunda(m)... Venice, 1514. In a contemporary chained binding. See at the 2017 NY ABAA Book Fair Booth C-22
    <b>Lawbook Exchange:</b> Catalogue 85. Recently Acquired Books, Manuscripts & Ephemera
  • <b>Cowan’s Auctions: Property of N. Flayderman & Co. and Select Additions. February 21, 2017</b>
    <b>Cowan’s, Feb. 21:</b> Darlinghurst Gaol Photographic Prisoner Records Featuring Australian Bushranger, Frank Gardiner Plus Other Convicted Felons, Ca 1873-1874.<br>$8,000 - $10,000
    <b>Cowan’s, Feb. 21:</b> USRC <i>Bear</i> Log Books Under the Direction of Captain Michael A. Healy, One Documenting the Important 1892 Season, Set of Eight. <br>$8,000 - $10,000
    <b>Cowan’s, Feb. 21:</b> Rare & Important Album Containing CDVs & Cabinet Cards of Wells Fargo Highway Men, Train Robbers, & Other Criminals. $7,000 - $10,000
    <b>Cowan’s Auctions: Property of N. Flayderman & Co. and Select Additions. February 21, 2017</b>
    <b>Cowan’s, Feb. 21:</b> Extraordinary Barbary Wars-Era, United States Naval Officer's POW Diary, Ca 1803-1805. $6,000 - $8,000
    <b>Cowan’s, Feb. 21:</b> <i>Charleston Mercury Extra</i>, Rare Broadside Announcing South Carolina Secession, December 1860. $5,000 - $10,000
    <b>Cowan’s, Feb. 21:</b> <i>Washington in Danger!</i>, Early Civil War Political Broadside, 1861. $500 - $700
    <b>Cowan’s Auctions: Property of N. Flayderman & Co. and Select Additions. February 21, 2017</b>
    <b>Cowan’s, Feb. 21:</b> <i>Sprague Light Cavalry</i>, Civil War Recruiting Broadside. $2,000 - $2,500
    <b>Cowan’s, Feb. 21:</b> <i>Come and Join Us Brothers</i> Very Rare Civil War Colored Troops Recruitment Broadside. $5,000 - $7,000
    <b>Cowan’s, Feb. 21:</b> <i>Men of Color, To Arms! To Arms! Now or Never,</i> Exceptionally Rare Civil War Recruitment Broadside. <br>$5,000 - $10,000
    <b>Cowan’s Auctions: Property of N. Flayderman & Co. and Select Additions. February 21, 2017</b>
    <b>Cowan’s, Feb. 21:</b> Civil War Albumen Photograph of Soldiers Posed with a Six-Pound Gun. $600 - $800
    <b>Cowan’s, Feb. 21:</b> General Douglas MacArthur, Romantic Letter to his Future Wife Plus Other Scandalous Correspondence. $8,000 - $10,000
    <b>Cowan’s, Feb. 21:</b> Cpt. George E. Albee, MOH Recipient, Extensive Archive Featuring 1869 Indian Wars Journal. $10,000 - $15,000

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