• <b>Bonhams: Fine Books and Manuscripts. June 12, 2018</b>
    <b>Bonhams, June 12:</b> Ortelius. Theatrum orbis terrarum. Antwerp, 1570. FIRST EDITION. $50,000 to $80,000
    <b>Bonhams, June 12:</b> Shakespeare, William. The Tragedie of Julius Caesar. London, 1623. 1st appearance in print, Complete from the First Folio. $50,000 to $70,000
    <b>Bonhams, June 12:</b> Ernst, Max. Mr. Knife and Miss Fork. Paris, 1932. DELUXE EDITION. $12,000 to $18,000
    <b>Bonhams: Fine Books and Manuscripts. June 12, 2018</b>
    <b>Bonhams, June 12:</b> Cage, John. Autograph musical leaf from his Concert for Piano and Orchestra, NY, 1958. $10,000 to $15,000
    <b>Bonhams, June 12:</b> Einstein, Albert. Signed Passport Photo for his US citizenship application. Bermuda, 1935. $8,000 to $12,000
    <b>Bonhams, June 12:</b> Verard, Antoine. Illuminated printed Book of Hours. Paris, 1507. $8,000 to $12,000
    <b>Bonhams: Fine Books and Manuscripts. June 12, 2018</b>
    <b>Bonhams, June 12:</b> Wetterkurzschlussel. German Weather Report Codebook - for Enigma use. Berlin, 1942. $20,000 to $30,000
    <b>Bonhams, June 12:</b> Hemingway, Ernest. Large Photograph, inscribed by Hemingway. Madrid, 1959. $10,000 to $15,000
    <b>Bonhams, June 12:</b> Morelos y Pavon, Jose Maria. Autograph letter signed to El Virrey Venegas, February 5, 1812. $7,000 to $10,000
    <b>Bonhams: Fine Books and Manuscripts. June 12, 2018</b>
    <b>Bonhams, June 12:</b> Milne, A.A. Complete set of Winnie-the-Pooh books. 4 volumes. All first issue points. London, 1924-1928. $6,000 to $9,000
    <b>Bonhams, June 12:</b> A 48-star American Flag, battle worn flown at Guadalcanal and Peleliu, 1942-1944. $10,000 to $15,000
    <b>Bonhams, June 12:</b> Locke, John. Autograph Letter Signed mourning the death of his friend, William Molyneaux, 2 pp, October 27, 1698. $7,000 to $10,000
  • <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Simcoe (John Graves). Plan of the Province of Upper Canada with part of the Adjacent Countries, manuscript map… with numerous contemporary annotations. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Ramusio (Giovanni Battista). <i>Delle Navigationi et Viaggi,</i> 3 vol., mixed edition, 3 double-page engraved maps and 7 folding woodcut maps, Venice, Giunti, 1613. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Dickens (Charles). <i>A Christmas Carol,</i> first edition, first issue, Chapman & Hall, 1843. £6,000 to £8,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Book of Hours. Hours of the Virgin [Use of Rome] in Latin, miniature illuminated manuscript on vellum with 6 full-page miniatures and 6 large initials with borders, Flanders, [2nd quarter of 15th century]. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> G.K. Chesterton archive. Collection of poems, drawings, letters and cards sent to Enid Simon, 1920s. £6,000 to £8,000
    <b>Forum Auctions, May 31:</b> Pasternak (Boris). <i>Doktor Zhivago</i> original typescript, 2 vol., with manuscript corrections and insertions by the author, the George Katkov copy, c.1956. £100,000 to £150,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 31, 2018</b>
    <b>Forum Auctions, May 31:</b> Tolkien (J.R.R.). <i>The Hobbit,</i> first edition, first impression, 1937. £20,000 to £30,000
    <b>Forum Auctions, May 31:</b> Milton (John). <i>Paradise Lost & Paradise Regain'd,</i> 2 vol., one of 10 copies printed on vellum, Cresset Press, 1931. £8,000 to £12,000
    <b>Forum Auctions, May 31:</b> Electricity and the vacuum.- Guericke (Otto von). <i>Experimenta nova (ut vocantur) Magdeburgica de Vacuo Spatio,</i> first edition; bound with <i>Philosophia Universa de Microcosmo</i>. £12,000 to £16,000
    <b>Forum Auctions, May 31:</b> [The Holy Land, Syria, Idumea, Arabia, Egypt & Nubia ...], vignette title and 42 plates from the deluxe subscriber's edition, 1842-1849 (43). £7,000 to £10,000
  • <b>Swann Auction Galleries June 5:</b> Charles Addams, <i>Penguin Convention,</i> watercolor, cover for <i>The New Yorker,</i> 1977. $15,000 to $20,000.
    <b>Swann Auction Galleries June 5:</b> Ludwig Bemelmans, <i>Agreed! No whiskey anywhere is more deluxe than Walker's DeLuxe,</i> pen, ink & watercolor, 1957. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Charles Schulz, <i>Do you like Beethoven?,</i> pen & ink, 9-panel <i>Peanuts</i> comic, 1970. $20,000 to $30,000.
    <b>Swann Auction Galleries June 5:</b> Russell Tandy, <i>The Secret in the Old Attic,</i> watercolor & gouache, cover for <i>Nancy Drew,</i> 1944. $15,000 to $25,000.
    <b>Swann Auction Galleries June 5:</b> Arthur Rackham, <i>Danaë & the Infant Perseus,</i> watercolor, ink & wash, for Hawthorne's <i>A Wonder Book,</i> 1922. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Tom Lovell, <i>I believe in magic too,</i> oil on canvas, published in <i>Woman's Home Companion,</i> 1947. $7,000 to $10,000.
    <b>Swann Auction Galleries June 5:</b> Enoch Bolles, <i>With Love...,</i> watercolor & gouache, cover for <i>Wow!</i> magazine, 1931. $7,000 to $10,000.
    <b>Swann Auction Galleries June 5:</b><br>Rick Meyerowitz & Maira Kalman, <i>New Yorkistan,</i> pen, ink & watercolor sketch for a <i>New Yorker cover,</i> 2001. $10,000 to $15,000.
    <b>Swann Auction Galleries June 5:</b> Jessie Willcox Smith, <i>Touching,</i> watercolor for <i>The Five Senses</i> by Angela M. Keyes, 1911. $12,000 to $18,000.
    <b>Swann Auction Galleries June 5:</b> Edward Gorey, <i>ABA 75,</i> watercolor & ink, cover for <i>Publisher's Weekly,</i> 1975. $5,000 to $7,500.
    <b>Swann Auction Galleries June 5:</b> Aubrey Beardsley, <i>Shelter,</i> pen & ink, for <i>Bon-Mots,</i> 1892. $8,000 to $12,000.
    <b>Swann Auction Galleries June 5:</b> Tedd Arnold, <i>I think it was three days ago...,</i> colored pencil & watercolor, for <i>Parts,</i> 1996. $4,000 to $6,000.
  • <b>Christie’s 29 May:</b> MARE-BONNARD. Les Pastorales de Longus, or Daphnis et Chloé. Paris, 1902. Exceptional copy with a magnificent binding by André Mare. €50,000 to €70,000
    <b>Christie’s 29 May:</b> REDOUTE – L’HERITIER. Stirpes novae, illustratae iconibus. Paris [1784-1791]. Great paper copy with additional color touches on several plates. €10,000 to €15,000
    <b>Christie’s 29 May:</b> TOULOUSE-LAUTREC – IBELS – MONTORGUEIL. Le Café -Concert. Paris, [1893]. Famous Belle Epoque illustrations by Toulouse-Lautrec and Ibels. €5,000 to €7,000
    <b>Christie’s 29 May:</b> MANET – MALLARME – POE. Le Corbeau. The Raven. Paris, 1875. First edition of Mallarmé’s translation. Inscribed by Manet and Mallarmé to Gambetta. €60,000 to €80,000

Rare Book Monthly

Articles - October - 2016 Issue

Amazon to Open Fourth Bookstore in Chicago. But Why?

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Amazon's Seattle store (from Amazon's website).

Amazon has announced plans to open a fourth real, live, bricks-and-mortar bookstore. This next one will be in Chicago. It joins the first, and only store open at the moment, in their hometown of Seattle. Additional stores in San Diego and Portland, Oregon, were previously announced, although they have yet to open. This is Amazon's first foray away from the Pacific coast, with speculation that the next store could take them the other half of the way across the country to New York.

 

Amazon is far and away the largest online retailer, selling everything under the sun, but they started as a bookseller. If they expanded far beyond their roots over the past two decades, there was one place where they remained true to form. They only sold online. Now, that too has changed. Last fall, they opened their first store in Seattle. While they now sell virtually everything online, in their one bricks-and-mortar store, they sell only books and related items. That will continue with their new locations. They sell physical books, electronic books (you can upload them to your electronic device at the store), and electronic readers (their Kindle). There will be "thousands of books" (physical ones) available in their stores, but "millions" more can be ordered online while visiting the store. Even books in stock at the store can be ordered for shipping to the customer's home.

 

One difference between an Amazon bookstore and a typical one is the manner of display. All of their books are faced forward, not just a few bestsellers with the rest shelved, needing to be pulled out by the spine to see the cover. It greatly reduces the number of books that can be displayed, but it enables "each [to] communicate its own essence." Reviews for each book are also provided, and those stocked are selected based on online orders, customer ratings, curators' assessments, and popularity on Goodreads. Amazon has the advantage of knowing in advance from their online sales which titles are likely to sell best, and can even target inventory based on what is popular in a particular community.

 

What Amazon has not done is try to emulate the all-encompassing atmosphere of the bigger book stores like Barnes & Noble. They don't sell coffee and pastries or provide large areas to relax and read a book all afternoon.

 

All of this leads to the burning question – why? Why is a company that destroyed so many local retailers going into local retail itself? Was it all a ruse to become the next Walmart? Hardly. It is an additional means of selling, not a replacement. Nonetheless, what they are doing is of interest to sellers of old books as well as new, since Amazon's selling model is what turned business upside down for the rare book dealer as well. So many have closed their bricks-and-mortar shops and turned strictly to electronic and other remote methods of selling. Does Amazon know something the rest of us don't?

 

Probably not. Much of what they are doing is experimental, rather than implementation of some grand master plan. And some is meant to leverage the large online business others do not have. At Amazon's annual meeting last May, CEO Jeff Bezos was quoted as saying, "We’re definitely going to open additional stores, how many we don’t know yet. In these early days it’s all about learning, rather than trying to earn a lot of revenue." Amazon has plenty of money and has never had a problem plowing it back in the business to test new ideas and support growth, short term profits be damned.

 

Perhaps part of Amazon's motivation is to tap a huge market not yet accessible to them. For all the problems we hear about traditional retail, long established name like Sears and K-Mart fading, others already gone, here is a number that may surprise you. According to a report released by the Census Bureau of the Department of Commerce last month, for all its growth, e-commerce represented only 8.1% of retail sales during the last quarter. Amazon has no access to the other 92%. E-commerce has been growing at about 15% per year, compared to around 2% for all sales, but that still implies that it will remain a relatively small percentage of overall sales for a long time to come. Maybe Amazon would like to participate.

 

Of course, Amazon has some other motivations for opening retail stores. It gives them an opportunity to sign up more members for its Prime service, and they can promote their online business through personal contact not otherwise available to them. Personal interaction can make a difference. While the financial demands of a storefront may simply not work any longer for many old and collectible book sellers, that does not mean personal contact is no longer important for establishing long-term relationships. What it means is that rare book sellers need to find alternative ways of meeting people, such as book fairs, appraisals, talks, seminars, and the like where they can make personal contact, even if it is not practical to follow Amazon back into bricks-and-mortar retail.

Rare Book Monthly

  • <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Book of Hours. Workshop Vrelant, around 1460-70. Est: € 30,000
    <b>Ketterer Rare Books, May 28:</b> J. J. Marinoni, <i>De Astronomica specula,</i> 1745. Est: € 12,000
    <b>Ketterer Rare Books, May 28:</b> C. S. Lewis, <i>The Chronicles of Narnia,</i> 1950-56. Est: € 7,500
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> G. W. Knorr, <i>Regnum florae,</i> 1750. Est:<br>€ 15,000
    <b>Ketterer Rare Books, May 28:</b> A. M. S. Boethius, <i>De philosophico consolatu,</i> 1501. Est: € 8,000
    <b>Ketterer Rare Books, May 28:</b> J. Joyce, <i>Ulysses,</i> 1922. Est: € 5,000
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Ornaments by H. Vogeler, 1900. Est:<br>€ 4,000
    <b>Ketterer Rare Books, May 28:</b> <i>Biblia Germanica,</i> 1490. Est: € 15,000
    <b>Ketterer Rare Books, May 28:</b> F. M. Regenfuss, <i>Auserlesne Schnecken und Muscheln,</i> 1758. Est: € 18,000
    <b>Ketterer Kunst Hamburg: Rare Books Auction on May 28th</b>
    <b>Ketterer Rare Books, May 28:</b> Einband Henry van de Velde, 1929. Est: € 4,000
    <b>Ketterer Rare Books, May 28:</b> <i>Hortus Sanitatis,</i> 1517. Est: € 12,000
    <b>Ketterer Rare Books, May 28:</b> R. Crevel and J. Miró, 1957. Est: € 3,500
  • <b>Arenberg Auctions: May 25 and<br>May 26, 2018</b>
    <b>Arenberg Auctions, May 25 & 26:</b> VAN ORLEY, Richard. "Les avantures de Telemaque fils d'Ulÿsse &c." Set of 86 superb ink drawings. 45,000 to 60,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> Gojôraku Tôkaidô [or] Tôkaidô meisho fukei. Processional Tôkaido drawn by Prof. Moro, coloured prints in one set of 100 sheets]. 15,000 to 18,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> DURAS, Marguerite. <i>Moderato cantabile.</i> Original lithographs by André Minaux. 22 lithographs. 4,000 to 4,500 €
    <b>Arenberg Auctions: May 25 and<br>May 26, 2018</b>
    <b>Arenberg Auctions, May 25 & 26:</b> ADAMS, Georges. A pair of 18-inch English globes. [London], s.n., [1766]. ORIGINAL GLOBES by Georges Adams dedicated to King George III. 9,000 to 12,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> BLAEU, Joan. <i>[Atlas maior, sive cosmographia blaviana, qua solum, salum, coelum, accuratissime describuntur]. Geographia, quae est cosmographiae Blaviana pars prima [...].</i> 250,000 to 350,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> VAN DER MEULEN, Adam Frans. <i>[Vues, marches, entrées, passages et autres sujets servant à l'histoire de Louis XIV].</i> 35,000 to 50,000 €
    <b>Arenberg Auctions: May 25 and<br>May 26, 2018</b>
    <b>Arenberg Auctions, May 25 & 26:</b> GALILEI, Galileo. <i>Galileo a Madama Cristina di Lorena</i> (1615). Precious copy of one of the most famous and popular miniature books. 2,500 to 3,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> Biblia Vulgata. Latin. [France, last quarter 13th c.] 8,000 to 12,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> Horae. Use of Rome. Latin (and a few French rubrics). [Hainaut (Mons or Valenciennes), c. 1490]. 40,000 to 50,000 €
    <b>Arenberg Auctions: May 25 and<br>May 26, 2018</b>
    <b>Arenberg Auctions, May 25 & 26:</b> GARSIAS, Paulus. <i>[Determinationes magistrales contra conclusions Joannis Pici Mirandulae].</i> (Rome, E. Silber, 15 October 1489). 12,000 to 15,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> LORRIS, Guillaume de; MEUNG, Jean de. <i>Le rommant de la Rose nouuellement reueu et corrige oultre les precedentes impressions</i> [ed. Guillaume Michel]. 3,000 to 4,000 €
    <b>Arenberg Auctions, May 25 & 26:</b> LA FONTAINE, Jean de. <i>Fables choisies, mises en vers.</i> Paris, Desaint & Saillant, Durand. De l'imprimerie de Charles-Antoine Jombert, 1755<br> [- 1759]. 10,000 to 12,000 €
  • <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> BRETON (André). <i>Arcane 17.</i> New York, Brentano's, 1944. One of the 25 first copies with the original etching signed by Roberto Matta. 6000 to 8000 €
    <b>ALDE, May 30:</b> HÉRON DE VILLEFOSSE (René). <i>La Rivière enchantée.</i> Paris, Bernard Klein, 1951. One of the 25 first copies on japon with an original watercolored drawing signed by Léonard Foujita. 60,000 to 80,000 €
    <b>ALDE, May 30:</b> ILIAZD. <i>Pirosmanachvili 1914.</i> Paris, Le Degré quarante et un, 1972. Dry point signed by Pablo Picasso. 5,000 to 6,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> JARRY (Alfred). <i>Ubu Roi.</i> Paris, Tériade, 1966. 13 lithographs by Joan Miró. 6,000 to 8,000 €
    <b>ALDE, May 30:</b> LEIRIS (Michel). <i>Vivantes cendres, innommées.</i> Paris, Jean Hugues, 1961. 13 original etchings by Alberto Giacometti. 12,000 to 15,000 €
    <b>ALDE, May 30:</b> MATISSE (Henri). <i>Jazz.</i> Paris, Tériade, 1947. 20 original pochoirs by Henri Matisse. 100,000 to 120,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> PAULHAN (Jean). <i>De Mauvais sujets.</i> Paris, Les Bibliophiles de l’Union Française, 1958. 10 etchings by Marc Chagall. 5,000 to 6,000 €
    <b>ALDE, May 30:</b> RONSARD (Pierre de). Layout for the book <i>Florilège des Amours.</i> Paris, Albert Skira, 1948. 128 lithographs, with many corrections by hand by Henri Matisse. 80,000 to 100,000 €
    <b>ALDE, May 30:</b> TING (Walasse). <i>1¢ life.</i> Bern, E.W. Kornfeld, 1964. One of the 100 deluxe copies with the 62 lithographs signed by the 28 artists. 15,000 to 20,000 €
    <b>ALDE: May 30, 2018. Books by painters, original bindings, photography, prints and drawings, illustrated books.</b>
    <b>ALDE, May 30:</b> SUGIMOTO (Hiroshi). <i>Time exposed.</i> Kyoto, Kyoto Shoin Co. Ltd., 1991. 51 offset lithographs. 10,000 to 12,000 €
    <b>ALDE, May 30:</b> SZAFRAN (Sam). Black and brown ink original drawing. 550 x 410 mm. 5,000 to 6,000 €
    <b>ALDE, May 30:</b> KIPLING (Rudyard). <i>La Chasse de Kaa.</i> Paris, Javal et Bourdeaux, 1930. 115 colored woodcuts by Paul Jouve. 5,000 to 6,000 €
  • <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>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Hammett (Dashiell). <i>The Maltese Falcon,</i> FIRST EDITION. A very good copy of this most influential detective fiction novel. £8,000 to £12,000
    <b>Chiswick Auctions, May 30:</b> Hemingway (Ernest). <i>In Our Time,</i> FIRST EDITION, NUMBER 137 OF 170 COPIES on Rives handmade paper. £15,000 to £18,000
    <b>Chiswick Auctions, May 30:</b> Hemingway (Ernest). <i>A Farewell to Arms,</i> FIRST EDITION, inscribed by the author to Mike Murphy, a Hemingway biographer and scholar. £4,000 to £6,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Kerouac (Jack). <i>On the Road,</i> FIRST EDITION, New York, Viking, 1957. £2,000 to £3,000
    <b>Chiswick Auctions, May 30:</b> Ransome (Arthur). <i>Swallows and Amazons,</i> FIRST EDITION, ownership inscription to half title. Only 2,000 copies of the first edition printed. £3,000 to £4,000
    <b>Chiswick Auctions, May 30:</b> Sewell (Anna). <i>Black Beauty: His Grooms and Companions. The Autobiography of a Horse. Translated from the original Equine,</i> FIRST EDITION, engraved frontispiece. £3,000 to £4,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Capa (Robert). <i>Omaha Beach D-Day, June 6th, 1944,</i> gelatine silver print, printed under the direct supervision of Cornell Capa, 40 x 50.5 cm. £3,000 to £5,000
    <b>Chiswick Auctions, May 30:</b> Cartier-Bresson (Henri). 'Loudres – Pilgrims Assemble', silver print, stamps and annotations on verso, very slight scratch, 170 x 240 mm, 1950. £2,000 to £3,000
    <b>Chiswick Auctions, May 30:</b> Carroll, Lewis [Dodgson, Charles Lutwidge]. <i>The Nursery Alice,</i> FIRST EDITION, a very rare inscribed, dedication copy. £8,000 to £10,000
    <b>Chiswick Auctions: Modern First Editions, Illustrated Books & Limited Editions. May 30, 2018</b>
    <b>Chiswick Auctions, May 30:</b> Potter (Beatrix). <i>The Tale of Peter Rabbit,</i> FIRST EDITION, FIRST PRINTING, limited to 250 copies [with] the FIRST PUBLISHED EDITION. £12,000 to £15,000
    <b>Chiswick Auctions, May 30:</b> Wells (H. G.). <i>War of the Worlds,</i> original Danish manuscript, the text written out in block script ink, with over 620 original drawings in ink and watercolour. £1,800 to £2,200
    <b>Chiswick Auctions, May 30:</b> Toulouse-Lautrec (Henri de).- Clemenceau (Georges). <i>Au Pied de Sinai,</i> NUMBER 104 OF 355 COPIES, with the suite of 10 lithographs by Henri de Toulouse-Lautrec in 2 states. £1,500 to £2,000

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