• <b>Swann Auction Galleries Nov 14: 19th & 20th Century Literature</b>
    <b>Swann Auction Galleries Nov 14:</b><br><i>The Centenary Edition of the Works of Ian Fleming</i>, one of 26 lettered sets, 18 volumes, London, 2008. $25,000 to $30,000.
    <b>Swann Auction Galleries Nov 14:</b> William Faulkner, <i>The Marble Faun</i>, first edition, signed & inscribed to Dorothy Wilcox by Faulkner & Phil Stone, Boston, 1924. $18,000 to $25,000.
    <b>Swann Auction Galleries Nov 14:</b> Maurice Sendak, <i>Where the Wild Things Are</i>, first edition, signed & inscribed to William Archibald, New York, 1963. $10,000 to $15,000.
    <b>Swann Auction Galleries Nov 14: 19th & 20th Century Literature</b>
    <b>Swann Auction Galleries Nov 14:</b> Anne Frank, <i>Het Achterhuis</i>, first edition, in first state jacket, Amsterdam, 1947. $12,000 to $18,000.
    <b>Swann Auction Galleries Nov 14:</b> Roald Dahl, <i>Charlie and the Chocolate Factory</i>, first edition, signed, New York, 1964. $6,000 to $9,000.
    <b>Swann Auction Galleries Nov 14:</b><br>Ray Bradbury, <i>Fahrenheit 451</i>, first limited edition bound in Johns-Manville Quinterra, New York, 1953. $7,000 to $10,000.
    <b>Swann Auction Galleries Nov 14: 19th & 20th Century Literature</b>
    <b>Swann Auction Galleries Nov 14:</b> Benjamin Graham, <i>The Intelligent Investor</i>, first edition, in original dust jacket, New York, 1949. $4,500 to $6,000.
    <b>Swann Auction Galleries Nov 14:</b> Anna Sewell, <i>Black Beauty</i>, first edition, inscribed, London, 1877. $7,000 to $10,000.
    <b>Swann Auction Galleries Nov 14:</b> Arthur Conan Doyle, <i>A Study in Scarlet</i>, first American edition, Philadelphia, 1890. $6,000 to $9,000.
    <b>Swann Auction Galleries Nov 14: 19th & 20th Century Literature</b>
    <b>Swann Auction Galleries Nov 14:</b> James Fenimore Cooper, <i>The Last of the Mohicans</i>, first edition, two volumes, Philadelphia, 1826. $5,000 to $7,500.
    <b>Swann Auction Galleries Nov 14:</b> Amelia Earhart, <i>20 hrs. 40 mins. Our Flight in Friendship</i>, limited first edition, signed, New York, 1928. $4,000 to $6,000.
    <b>Swann Auction Galleries Nov 14:</b> Philip K. Dick, <i>World of Chance</i>, first edition, signed, London, 1956. $3,000 to $4,000.
  • <b>Sotheby’s New York: The Magnificent Botanical Library of D. F. Allen. October 26, 2017</b>
    <b>Sotheby’s NY, Oct. 26:</b> Redouté, Pierre Joseph, and Claude Antoine Thory. <i>Les Roses</I>. Paris: Firmin Didot, 1817–1824. Est. $225,000 to $325,000
    <b>Sotheby’s NY, Oct. 26:</b> Trew, Jakob Christoph. <i>Hortus Nitidissimis Omnen Per Annum Superbiens Floribus</i>… Nuremberg: Johann Joseph Fleischmann, 1750 [–1786]. Est. $200,000 to $300,000
    <b>Sotheby’s NY, Oct. 26:</b> Trew, Christoph Jakob, and Benedict Christian Vogel. <i>Plantæ Selectæ</i>…[Nuremberg:] 1750–1773; Supplement, [Augsburg:] 1790 [–1792]. Est. $200,000 to $300,000
    <b>Sotheby’s New York: The Magnificent Botanical Library of D. F. Allen. October 26, 2017</b>
    <b>Sotheby’s NY, Oct. 26:</b> Jacquin, Nikolaus Joseph von. <i>Plantarum Rariorum Horti Caesarei Schönbrunnensis Descriptiones Et Icones.</i>Vienna; London; Leiden, 1797–1804. Est. $180,000 to $250,000
    <b>Sotheby’s NY, Oct. 26:</b> Weinmann, Johann Wilhelm. <i>Phytanthoza Iconographia; Sive Conspectus Aliquot Millium, Tam Indigenarum Quam Exoticarum</i>… Regensburg, 1735–1737–1745. Est. $120,000 to $180,000
  • <b>Sotheby’s London: Fine Autograph Letters and Manuscripts from a Distinguished Private Collection. Part I: Music. 26 October 2017</b>
    <b>Sotheby’s London Oct 26:</b> Beethoven, Ludwig van. Autograph Manuscript of the Canon "Ewig Dein" Woo 161, signed at the end ("...[Ewig] Dein...Freund Ludwig Van Beethowen"). Est. £120,000 to £150,000
    <b>Sotheby’s London Oct 26:</b> Brahms, Johannes. Autograph Manuscript of the "Geistliches Wiegenlied", Op.91 No.2, for Contralto, Viola And Piano, the original version of 1864, signed and inscribed at the end by the composer. Est. £200,000 to £250,000
    <b>Sotheby’s London Oct 26:</b> Chopin, Frédéric. Autograph Manuscript of the Opening of the Étude Op.25 No.2, in A-Flat Major, signed and dated ("Paris Ce 28 Avril F. Chopin"). Est. £100,000 to £150,000
    <b>Sotheby’s London: Fine Autograph Letters and Manuscripts from a Distinguished Private Collection. Part I: Music. 26 October 2017</b>
    <b>Sotheby’s London Oct 26:</b> Haydn, Joseph. Autograph Letter Signed ("Jos Haydn[Paraph]"), to the Baden Choirmaster Anton Stoll, 30 July 1802. Est. £20,000 to £30,000
    <b>Sotheby’s London Oct 26:</b> Verdi, Giuseppe. Autograph Working Manuscript of a scene from Ernani. Est. £100,000 to £150,000
    <b>Sotheby’s London Oct 26:</b> Verdi, Giuseppe. Highly Important Series of Thirty-Six Autograph Letters Signed to The Librettist Salvadore Cammarano, written between 1844 And 1851, the greater part unpublished and unrecorded. Est. £250,000 to £300,000
  • <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Exodus 10:10 to 16:15. Complete Biblical scroll sheet in Hebrew, a Torah scroll panel. Middle East, ca. 10th or 11th century.
    <b>19th Century Shop:</b> Copernicus Refuted. (Astronomy.). Scientific manuscript of a course of studies at Collège de la Trinité, Lyon. 1660s.
    <b>19th Century Shop:</b> Israel’s War of Independence and the Early Days of the IDF. 58 photographs presented to Israel Ber, IDF officer and later convicted spy.
    <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Early Unpublished Darwin letter on the races of man. Autograph Letter Signed [to Henry Denny]. Down, Kent, June 1, [1844].
    <b>19th Century Shop:</b> Classic Image of American Slavery. Kimball, M. H. <i>Emancipated Slaves</i>. New York: George Hanks, 1863.
    <b>19th Century Shop:</b> (Underground Railroad.) Scaggs, Isaac. Important Runaway Slave Poster: $500 Reward Ran away, or decoyed from the subscriber…

Rare Book Monthly

Articles - April - 2015 Issue

Serendipity and Chance meet at SFPL

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Years ago, the exact number in dispute, but probably around the time of the 1989 earthquake, the San Francisco Public Library disposed of some old and seemingly unwanted accounting books, they oversized and unused, the contents potentially embarrassing or boring.  Their decision-maker, at that moment, decided to dispose of them in the time-honored way, sneaking them into the trash after nightfall: unknown, un-recollected and soon to be forgotten.

 

Word that some interesting old material was going into the library’s dumpsters promoted some anguished calls to volunteers to parse the trash after dark for the very good among the very bad. Into that opportunity some young-at-heart [if not always young themselves] engaged in the unthinkable to save the library from its momentary lapse.

 

For years after no one was quite sure who, if anyone, had what.  After all, the thought that fine and rare material now lay beneath the million tons of trash that has since accumulated at the city dump, was simply too much to consider.  Like religion, in the absence of evidence, you simply have to hope.

 

Among whatever else disappeared back then there were two volumes of the County of San Francisco jailhouse records.  The pages were large, full folio, and each incarceration, the name, the reason, the dates in and out, recorded in hand – suggesting these volumes were the only copies made.  There was more than one jail in the city and these the records for only one of them.  Murderers passed through other doors, the crimes here more about public intoxication, fighting and petty theft than armed robbery.  These were the low hanging fruit.

 

Some sixteen years ago I bought a commercial building on Geary Avenue in San Francisco, made renovations and stepped back to become rich.  It didn’t turn out that way.  I got to know the tenants and they all became like family.  Their problems were my problems and it became more and more difficult to raise the rents.  Six years ago I decided to sell, what I had come to think of as, my charity ward.  The buyer was Raoul Isaac, a very smart and clear spoken man.  We became friends.  He liked old books and we would talk about them from time to time.  When, a few years later, I sought to give roughly a thousand bound volumes of 19th and 20th century volumes away he offered to take them.

 

A year or so later he despaired of making any money with them and donated them to an online literacy project that no doubt today is trying to figure out who they can give them to.

 

At some point he asked for guidance about “some old jail records that looked like they might be worth something.”  Once in hand and after a careful reading to confirm no McKinneys were among the incarcerated, I realized that these were original city records and may not have been legally withdrawn.  I told him I would have to take them to the public library and ask if these were their records.  Raoul agreed, understanding full well they might claim them on the spot.  I made an appointment with Susan Goldstein, city archivist at the Main library.

 

When she saw them she was incredulous.  “These are ours.  They belong to the city archives and, by extension, the people of San Francisco.”  But then I told her the story of the decades earlier calls for help from the library asking the strong and able bodied to save material that was being thrown away.  She walked back her disbelief and agreed to call me in a few days.  In the meantime I left the volumes there until they could determine if they were legally theirs.  A few days later Susan called to say that her department had a number of County jail volumes from the same period in their collection.  The two “found” volumes filled in gaps in the library collection, they had clearly once been theirs but had slipped away, the details of their dispersal now mercifully lost to history, the decision-maker then in charge now forgiven if not forgotten.  “Could they get them back?”

 

Raoul asked that they be returned to him and I later made some effort to put together a deal.  I made some calls and was told these volumes might be worth $2,000 to $4,000 each and then tried to interest the library in raising that much to buy them back.  They were not interested and neither was Raoul in selling them that cheap.  That was three years ago.

 

This past year Raoul suggested he would give them to the library.  “Could I suggest an appraiser?”  He would take the donation as a tax deduction.

 

I then contacted Alan Aimone in Las Vegas.  He for decades worked as a librarian at the U. S. Military Academy Library at West Point and a few years ago retired to the other city that never sleeps.  He would appraise them but the fee might be substantial.  I then explained I was trying to get these books back to the San Francisco Public Library and he reduced his estimate.  Giving stuff away can be expensive and I have only myself to blame for I suggested the valuation to Raoul was probably in the low 5 figures.  It was but I had the currency wrong. 

 

During the ABAA fair week in Oakland in February Raoul and Alan got together and Alan was quite unimpressed.  He came back with a number that might have landed him in the hoosegow himself.  Raoul called to say the value was surprisingly low but nevertheless he would complete the donation to the library.

 

On March 12 we got together at the History Room on the sixth floor of the main library.  Susan was happy and so was Raoul.  A gentleman and an historian had found a way to right an ancient error.  Later I said to Raoul when we had lunch “something good will come of this.”  When the check came I paid.

 

Postscript 

 

Why was I so far off on my out-of-thin-air appraisal of these volumes? This is why we have professional appraisers. As explained below, these volumes were not really "comparable" to other prison records with which I was familiar. Here is Mr. Aimone's explanation of how this, and appraisals in general, are reached. It is a valuable lesson in how professional appraisers approach their art.

 

 By Alan Aimone

 

 

I thank Mr. McKinney for this opportunity to provide an appraiser’s insight.   First, in the interest of “full disclosure,” I have subscribed to Mr. McKinney’s “Americana Exchange,” currently the “Rare Book Hub,” for many years.  I use it often as a source of information for appraisals.  We have also met and spoken on several occasions and I have much respect for Mr. McKinney.

 

Dealers and collectors are typically very knowledgeable about values of items in their area(s) of expertise.   However, achieving and maintaining the designation of “accredited appraiser” requires much study and ongoing continuing education.  Very importantly, accredited appraisers are required to adhere to the Uniform Standards of Professional Appraisal Practice as promulgated by the Appraisal Foundation, which is “authorized by Congress as the Source of Appraisal Standards and Appraiser Qualifications.”

 

Formal appraisals are done for three reasons:  Insurance, Donation and Estates.   Specifically the IRS requires an independent appraisal for a donation valued at $5,000 or more, if the donor is taking a taxable deduction.  In addition, some people want to know the value of items for their own interest or if they anticipate selling their items.  In the case discussed by Mr. McKinney, the appraisal was undertaken because it was thought that the donation value could well meet or exceed the $5,000 threshold for which the IRS requires an independent appraisal.  

 

Accepted appraisal practice requires that after inspection of the item(s) to be appraised, the appraiser must base the appraisal on comparable examples  (“comparables”) and be able to justify adjustments to the value.   A comparable is the same or similar item that is currently on the market, or has recently been sold.   Comparables for books and other print material rarely, if ever, are exactly the same as the item being appraised, of course.   Current market value must be adjusted based on many factors including – but not limited to - condition, provenance and content, including images and collectible signatures.   These same factors, of course, drive the collectability of the item, which drives market value.  Certainly content related to a famous or infamous person or event increases value if there is currently interest in that person or event.   To make that adjustment, requires the appraiser to have much expertise and experience.  Ultimately, however, the adjustments are somewhat subjective, but should be defendable.  In other words, the appraiser should be able to explain why a price was adjusted – either up or down - compared to the comparable samples. 

 

In this case, the jail records that commanded higher prices included photographs of the inmates, were records of persons incarcerated for more serious crimes and contained more details about the criminals.  The two volumes that are noted in the article did not include photographs, involved criminals jailed for lesser crimes (such as drunkenness, domestic disputes, assaults and operating opium dens).  No famous or infamous persons were identified in the two volumes.   They, therefore, have very limited collectability and were appraised at a lower value.   That being said, the volumes are part of the history of the city and might be referenced by genealogists or local historians and have been returned to their rightful location.

 

Finally, the cost of an appraisal is not determined by the value of the appraised item(s) or by the purpose of the appraisal.  Examining the item(s), researching comparables and making appropriate, educated adjustments requires considerable time as well as expertise and experience.  The appraiser’s time to properly and thoroughly complete the appraisal, including a written report is the same regardless of the appraised value or purpose of the appraisal.  

Rare Book Monthly

  • <b>Announcing a new Books for Sale platform hosted by Biblio!</b>
    <b>List your books simultaneously on Rare Book Hub and Biblio!</b>
  • <b>Sotheby’s Paris: Books & Manuscripts. 30 October 2017</b>
    <b>Sotheby’s Paris, Oct. 30:</b> MARCEL PROUST. Du côté de chez Swann. Grasset, 1913. First edition. One of 5 copies on Japan paper, inscribed by the author to Louis Brun. Est. €400,000 - 600,000
    <b>Sotheby’s Paris, Oct. 30:</b> Saint-Exupéry. <i>25 Autograph Illustrated Letters to his Friend Charles Sallès</i>. Est. €30,000-50,000
    <b>Sotheby’s Paris, Oct. 30:</b> French Revolution, 1793. Déclaration des droits de l’Homme. 2,55 x 1,30m. A monumental wallpaper poster of the 1793 version, with hand-colored highlights. Unique copy. Est. €100,000 - 150,000
    <b>Sotheby’s Paris, Oct. 30:</b> GIAMBATTISTA PIRANESI. <i>Vedute di Roma</i>, 1748-1775. 107 etchings. An exceptional copy, printed and bound before 1780. Est. €50,000 - 80,000
    <b>Sotheby’s Paris, Oct. 30:</b> Picasso, Pablo -- Fernando de Rojas. LA CÉLESTINE. [PARIS, EDITIONS DE L'ATELIER CROMMELYNCK, 1971.] One of the 30 copies hors commerce (n° X). 66 original etchings by Picasso. Signed. Est. €30,000 - €35,000
  • <b>Results from Bonhams’ sale of <i>Fine Books & Manuscripts Featuring Exploration and Travel</i></b>
    <b>Bonhams, Sep. 26:</b> Columbus. De Insulis nuper in mari Indico repertis. Basel, 1494. SOLD for $751,500
    <b>Bonhams, Sep. 26:</b> Cook in Tahiti. [Playbill]. [Germany, c.1840.] SOLD for $6,250
    <b>Bonhams, Sep. 26:</b> Aa, Pieter van der. Naaukeurige versameling der gedenk-waardigste zee en land-reysen. Leyden, 1706-8. SOLD for $35,000
    <b>Bonhams, Sep. 26:</b> Dürer. Underweysung der messung [and two more]. Nuremberg, 1525-8. SOLD for $175,000
    <b>Bonhams, Sep. 26:</b> Cortes, Hernan. A Pleito signed by Antonio de Mendoza in the case of Hernan Cortes. 1542. SOLD for $8750
    <b>Results from Bonhams’ <i>The Air and Space Sale</i></b>
    <b>Bonhams, Sep. 27:</b> Russian Kholod 5D67 HFL Rocket Engine. SOLD for $25,000
    <b>Bonhams, Sep. 27:</b> Neil Armstrong Apollo Era Training Glove. SOLD for $50,000
    <b>Bonhams, Sep. 27:</b> Full Scale Sputnik-1 EMC/EMI Lab Model. SOLD for $847,500
    <b>Bonhams, Sep. 27:</b> SOLRAD GREB Spy Satellite Engineering Dummy. SOLD for $10,000
    <b>Bonhams, Sep. 27:</b> Soviet LK-3 Lunar Lander Model. SOLD for $25,000

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