• <b>Bonhams, Feb. 11:</b> A Rare 3-rotor German Enigma I Enciphering Machine. $70,000 to $90,000
    <b>Bonhams, Feb. 11:</b> Important collection of correspondence between Werner Heisenberg and Bruno Rossi. $40,000 to $60,000
    <b>Bonhams, Feb. 11:</b> Walt Whitman Autograph manuscript containing his thoughts on death. $20,000 to $30,000
    <b>Bonhams, Feb. 11:</b> David Roberts. <i>Holy Land</i>. Six volumes. 1842-1849. First edition. $15,000 to $25,000
    <b>Bonhams, Feb. 11:</b> Extensive collection of Ray Bradbury's primary works, most signed or inscribed. $15,000 to $20,000
    <b>Bonhams, Feb. 11:</b> Peter Force. Declaration of Independence. $12,000 to $18,000
    <b>Bonhams, Feb. 11:</b> Steinbeck. <i>Grapes of Wrath</i>. A fine copy of the first edition. $10,000 to $15,000
    <b>Bonhams, Feb. 11:</b> Lewis & Clark. <i>Travels to the Source of the Missouri River</i>... First English edition, extra-illustrated. 1814. $10,000 to 15,000
    <b>Bonhams, Feb. 11:</b> Manuscript document signed by Nuno de Guzman relating to Hernan Cortes, 1528. $8,000 to $12,000
    <b>Bonhams, Feb. 11:</b> “Nos los inquisidores..." The first book in English printed West of the Mississippi. [1787]. $5,000 to $8,000.
  • <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>Case Antiques: Historic Winter Fine Art and Antiques Auction<br>January 27, 2018</b>
    <b>Case Antiques, Jan. 27:</b> <i>The Massachusetts Magazine: or Monthly Museum of Knowledge and Rational Entertainment,</i> 1789. Signed by George Washington. $28,000 to $32,000
    <b>Case Antiques, Jan. 27:</b> George Washington Signed Letter to John Marshall. $12,000 to $14,000
    <b>Case Antiques, Jan. 27:</b> Picasso Signed “Vallauris” 1952 Exhibition Poster. $6,000 to $8,000
    <b>Case Antiques: Historic Winter Fine Art and Antiques Auction<br>January 27, 2018</b>
    <b>Case Antiques, Jan. 27:</b> Military appointment commission document signed by both President Thomas Jefferson and Secretary of War Henry Dearborn, dated January 27, 1803. $2,400 to $2,800
    <b>Case Antiques, Jan. 27:</b> Doris Ulmann and Julia Peterkin. <i>Roll, Jordan, Roll.</i> New York, 1933, deluxe edition, preceding first edition of the same year. No. 74 of 350. $5,000 to $6,000
    <b>Case Antiques, Jan. 27:</b> John Marshall. <i>The Life of George Washington,</i> Philadelphia, 1832. Signed by author. $5,000 to $7,000
    <b>Case Antiques: Historic Winter Fine Art and Antiques Auction<br>January 27, 2018</b>
    <b>Case Antiques, Jan. 27:</b> Samuel L. Margolies (American, 1897-1974). Aquatint and etching, "Builders of Babylon," 1937. $4,000 to $4,500
    <b>Case Antiques, Jan. 27:</b> Two Robert E. Lee (1807-1870) signed documents as President of Washington College. $3,000 to $3,500
    <b>Case Antiques, Jan. 27:</b> William C. Harris. <i>The Fishes of North America That Are Captured on Hook and Line</i>, Vol I., New York, 1898. 40 chromolithograph plates. $2,000 to $2,500
    <b>Case Antiques: Historic Winter Fine Art and Antiques Auction<br>January 27, 2018</b>
    <b>Case Antiques, Jan. 27:</b> $100 "Date Back" bank note 1902 from the Clarksville National Bank, Clarksville, Tennessee, depicting the portrait of John Jay Knox, Jr. $1,400 to $1,800
    <b>Case Antiques, Jan. 27:</b> View of the University of Virginia, Charlottesville and Monticello, Taken from Lewis Mountain, drawn and lithographed by Edward Sachse. $800 to $1,000
    <b>Case Antiques, Jan. 27:</b> Large Civil War photograph mounted on card stock depicting Rossville Gap in Missionary Ridge. $400 to $450
  • <b>Potter & Potter Auctions: Fine Books & Manuscripts. January 27, 2018</b>
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 39: Presidential Pardon Signed by John F. Kennedy. November 1962. $7,000 to $9,000
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 537: Marc Chagall. <i>Illustrations for the Bible</i>. Features 28 lithograph plates. First American edition, 1956. $2,000 to $3,000
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 252: Jack Kerouac. <i>On the Road</i>. 1957. First edition. $5,000 to $7,000
    <b>Potter & Potter Auctions: Fine Books & Manuscripts. January 27, 2018</b>
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 143: Arthur Rimbaud. <i>A Season in Hell</i>. With photogravures by Robert Mapplethorpe. The Limited Editions Club, 1986. $600 to $800
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 72: Group of 11 Harry Truman Signed Letters. Typed & signed by the former President. 1962-1970. $1,500 to $2,000
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 157: Arthur Conan Doyle. The Complete Works of Sherlock Holmes by The Limited Editions Club. 8 vols. 1950-52. $300 to $500
    <b>Potter & Potter Auctions: Fine Books & Manuscripts. January 27, 2018</b>
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 173: Jacob Lawrence. <i>The First Book of Moses, Called Genesis</i>. Illustrated with silkscreens by Lawrence. 1989. $2,000 to $3,000
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 239: William Faulkner. <i>Sartoris</i>. First edition. New York: Harcourt, Brace, & Company, 1929. $2,000 to $3,000
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 286: Walt Whitman. New Year’s Eve Postcard Signed, “Walt Whitman,” to the poet Gabriel Sarrazin. January, 1891. $4,000 to $6,000
    <b>Potter & Potter Auctions: Fine Books & Manuscripts. January 27, 2018</b>
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 351: Pair of European Fine Bindings. Including Gesanbuch (1831) & Naboznych Vylevov (1911). $200 to $300
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 423: August Luben. <i> Naturhistorischer Atlas der Saugethiere </i>. Includes complete set of 30 loose plates. Leipzig: 1858. $1,000 to $1,500
    <b>Potter & Potter Auctions Jan. 27:</b><br>Lot 386: <i>Famous Monsters of Filmland No 1</i>. Art by Will Elder, text by Forrest Ackerman. Warren’s first monster magazine. Feb, 1958. $2,000 to $3,000

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>Swann Auction Galleries, Feb 15:</b> Icons & Images: Photographs & Photobooks
    <b>Swann Auction Galleries, Mar 1:</b> Vintage Posters Featuring Highlights from the Gail Chisholm Collection
    <b>Swann Auction Galleries, Mar 8:</b> Early Printed, Medical, Scientific & Travel Books
    <b>Swann Auction Galleries, Mar 13:</b> 19th & 20th Century Prints & Drawings
    <b>Swann Auction Galleries, Mar 22:</b> Autographs
    <b>Swann Auction Galleries, Mar 29:</b> Printed & Manuscript African Americana
    <b>Swann Auction Galleries, Apr 12:</b> Printed & Manuscript Americana
    <b>Swann Auction Galleries, Apr 26:</b> Fine Illustrated Books & Graphics
    <b>Swann Auction Galleries May 3:</b> Graphic Design
    <b>Swann Auction Galleries May 15:</b> 19th & 20th Century Literature
    <b>Swann Auction Galleries, Jun 7:</b><br>Maps & Atlases, Natural History & Color Plate Books
    <b>Swann Auction Galleries, Jun 21:</b> Revolutionary & Presidential Americana from the Collection of William Wheeler III
  • <b>Arader Galleries Auction<br>January 27, 2018</b>
    <b>Arader Galleries, Jan. 27:</b> Snowy Heron, Plate 242. John James Audubon (1785-1851). First Edition Engravings with Original Hand Color. London: Robert Havell, 1827-1838.
    <b>Arader Galleries, Jan. 27:</b> Great Blue Heron, Plate 211. John James Audubon (1785-1851). First Edition Engravings with Original Hand Color. London: Robert Havell, 1827-1838.
    <b>Arader Galleries, Jan. 27:</b> The Clouded Leopard. Charles Robert Knight (1874-1953). Oil on canvas.
    <b>Arader Galleries Auction<br>January 27, 2018</b>
    <b>Arader Galleries, Jan. 27:</b> A Bouquet of Daffodils and Other Flowers with a Butterfly on the Stem. Pierre-Joseph Redouté (1759-1840). Black Chalk, Watercolor And Gum Arabic On Vellum.
    <b>Arader Galleries, Jan. 27:</b> CELLARIUS, Andreas (ca 1596-1665). <i>Harmonia macrocosmica seu atlas universalis et Novus</i>. Amsterdam: Pieter Schenk and Gerald Valk, 1708.
    <b>Arader Galleries, Jan. 27:</b> HOMANN, Johann Baptist (1663-1724). <i>Grosser Atlas über die gantze Welt</i>. Nuremburg: J.H.G. Bieling for the heirs of Homann, 1737.
    <b>Arader Galleries Auction<br>January 27, 2018</b>
    <b>Arader Galleries, Jan. 27:</b> LEVAILLANT, Francois (1753-1824). <i>Histoire naturelle des perroquets</i>. Paris: Levrault frères (later Levrault, Schoell & Co.), 1801-1805.
    <b>Arader Galleries, Jan. 27:</b> FUCHS, Leonhard (1501-1566). <i>De historia stirpium commentarii insignes. adiectis earundem vivis plusquam quingentis imaginibus</i>… Basel: Michel Isingrin, 1542.
    <b>Arader Galleries, Jan. 27:</b> Original Manuscript Map "Plano De Una Parte De La Provincia De La Luisiana..." AN EXCEPTIONALLY FINE AND HISTORICALLY IMPORTANT MAP SHOWING THE ORIGINS OF THE STATE OF TEXAS AT THE TURN OF THE 19TH CENTURY.
    <b>Arader Galleries Auction<br>January 27, 2018</b>
    <b>Arader Galleries, Jan. 27:</b> J. De Cordova's Map of the State of Texas Compiled from the records of the General Land Office of the State by Robert Creuzbaur, Houston. Hand-colored lithograph. New York: J. Atwood, 1850.
    <b>Arader Galleries, Jan. 27:</b> Texas. David Burr (1803-1875). Engraved Map with original hand color in full. New York: J. H. Colton & Co., 1834. Second Edition.
    <b>Arader Galleries, Jan. 27:</b> Map of Texas with Parts of Adjoining States Compiled by Stephen F. Austin. Engraved Map with original hand color. Philadelphia, 1830. First Edition.
  • <b>Forum Auctions: Fine Books and Works on Paper. January 25, 2018</b>
    <b>Forum Auctions, Jan. 25:</b> <i>Verve: Revue Artistique et Littéraire/An Artistic and Literary Quarterly,</i> nos.1-38 in 26 vol [a complete set], numerous colour lithographs by Picasso, Chagall, Matisse & others. £8,000 to £12,000
    <b>Forum Auctions, Jan. 25:</b> Wesley (John, Church of England clergyman and a founder of Methodism, 1703-91). Autograph Letter signed to Rev. John Bredin, 1782. £8,000 to £12,000
    <b>Forum Auctions, Jan. 25:</b> Austen (Jane). Brock (Charles Edward). A group of seventeen ink and watercolour drawings for Dent's edition of Jane Austen's <i>Sense and Sensibility,</i> 1908. £6,000 to £8,000
    <b>Forum Auctions: Fine Books and Works on Paper. January 25, 2018</b>
    <b>Forum Auctions, Jan. 25:</b> Tibullus (Albius) and Gaius Valerius Catullus. <i>Elegiae, sive Carmina,</i> Venice, Andreas de Paltasichis, 1487. £5,000 to £7,000
    <b>Forum Auctions, Jan. 25:</b> Doves Press. English Bible (The), 5 vol., one of 500 copies, signed and inscribed by Laurence Hodson, Doves Press, 1903. £5,000 to £7,000
    <b>Forum Auctions, Jan. 25:</b> Africa. Smith (Andrew). <i>Illustrations of the Zoology of South Africa,</i> 5 vol., first edition, original cloth, [1838-50]. £4,000 to £6,000
    <b>Forum Auctions: Fine Books and Works on Paper. January 25, 2018</b>
    <b>Forum Auctions, Jan. 25:</b> Longitude. <i>An Act for providing a Publick Reward for such Person or Persons as shall Discover the Longitude at Sea,</i> first edition of this highly important act, John Baskett, 1714. £3,000 to £5,000
    <b>Forum Auctions, Jan. 25:</b> Shirley (James). <i>Six new playes, viz. The Brothers. Sisters. Doubtfull Heir. Imposture. Cardinall. Court secret,</i> first edition, 1653. £3,000 to £4,000
    <b>Forum Auctions, Jan. 25:</b> Heaney (Seamus). <i>Ugolino,</i> number 77 of 125 copies, Dublin, Dolmen Press, 1979. £3,000 to £4,000
    <b>Forum Auctions: Fine Books and Works on Paper. January 25, 2018</b>
    <b>Forum Auctions, Jan. 25:</b> Lasinio (Carlo, 1759-1838). <i>[Ritratti Originali de Pittori Esistenti Nella Reale Galleria de Firenze],</i> 99 engravings, circa 1791-96. £1,800 to £2,200
    <b>Forum Auctions, Jan. 25:</b> Japan. Kusakabe Kimbei. Photograph Album, 50 hand-coloured albumen prints, oblong folio, [c.1890-1900]. £1,500 to £2,000
    <b>Forum Auctions, Jan. 25:</b> Polar. Expedition in search of Sir John Franklin. Arctic Expedition in search of Sir John Franklin, printed flyer, 1852. £1,000 to £1,500

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