• <b>Swann Auction Galleries Feb 25:<br>Art & Storytelling: Photographs<br>& Photobooks</b>
    <b>Swann Auction Galleries Feb 25:</b> Marcus A. Root, "<i>General Tom Thumb</i>" with parents, daguerreotype, circa 1846. $30,000 to $40,000.
    <b>Swann Auction Galleries Feb 25:</b> William Saunders, <i>Sketches of Chinese Life and Character</i>, album with 50 hand-colored photographs, 1871-72. $25,000 to $35,000.
    <b>Swann Auction Galleries Feb 25:</b> Wilson A. Bentley, album of 25 microphotographs from glass<br>plate negatives, 1888-1927.<br>$20,000 to $30,000.
    <b>Swann Auction Galleries Feb 25:<br>Art & Storytelling: Photographs<br>& Photobooks</b>
    <b>Swann Auction Galleries Feb 25:</b> Hilla & Bernhard Becher, <i>Anonyme Skulpturen, Eine Typologie technischer Bauten</i>, first edition inscribed, Düsseldorf, 1970. $1,200 to $1,800.
    <b>Swann Auction Galleries Feb 25:</b> Edward Ruscha, four seminal artist's books in original dust jackets.<br>$1,500 to $2,500.
    <b>Swann Auction Galleries Feb 25:</b> Typological set of more than 100 photographs of WWII fighter planes, 1942-45. $400 to $600.
    <b>Swann Auction Galleries Feb 25:</b><br>Roy DeCarava and Langston Hughes, <i>The Sweet Flypaper of Life</i>, first edition signed by authors, New York, 1955. $500 to $750.
  • <b>Bonhams Fine Books and Manuscripts, February 14th, 2016.</b>
    <b>Bonhams Feb 14th:</b> Lot 9. HIERONYMUS. C.340-420. <i>Epistolae. WITH: Lupus de Oliveto. Regula Monachorum ...</i> US$ 20,000-30,000.
    <b>Bonhams Feb 14th:</b> Lot 47. FROST, A.B. 1858-1921. Shooting Pictures. New York: Charles Scribner's Sons.<br>US$ 10,000-15,000.
    <b>Bonhams Feb 14th:</b> Lot 53. PICASSO, PABLO, RAOUL HAUSMANN, et al. ILIAZD, ed. Poesie de mots inconnus. 1949. US$ 8,000-12,000.
    <b>Bonhams Feb 14th:</b> Lot 64. BRIGGS, HENRY. 1561-1630. <i>The North Part of America</i>. [London: 1625]. Engraved by R. Elstracke. US$ 8,000-12,000.
    <b>Bonhams Feb 14th:</b> Lot 79. COPERNICUS, NICOLAUS. De revolutionibus orbium coelestium. 1566. US$ 80,000-120,000.
    <b>Bonhams Feb 14th:</b> Lot 80. DARWIN, CHARLES. On the Origin of Species by Means of Natural Selection, or the Preservation of ... US$ 70,000-90,000.
    <b>Bonhams Feb 14th:</b> Lot 87. NEWTON, ISAAC, SIR. Autograph Manuscript in Latin and English [n.p., early 1670s}. US$ 100,000-150,000
    <b>Bonhams Feb 14th:</b> Lot 93. Dr. Kary Mullis' 1993 Nobel Prize in Chemistry, awarded to him for the invention of the Polymerase Chain Reaction. US$ 450,000-550,000.
    <b>Bonhams Feb 14th:</b> Lot 96.<br>CLEMENS, SAMUEL. Autograph Manuscript, nearly complete chapter 30 of <i>A Tramp Abroad</i>, c.1879.<br>US$ 20,000-30,000.
    <b>Bonhams Feb 14th:</b> Lot 105. GOLF. [MATHISON, THOMAS. d.1754.]<br><i>The Goff</i>. An Heroi-Comical Poem.<br>US$ 40,000-60,000.
    <b>Bonhams Feb 14th:</b> Lot 113. JOYCE, JAMES. 1882-1941. <i>Ulysses</i>. First Edition, Presentation Copy, Signed and Inscribed by Joyce on the half-title. US$ 40,000-60,000.
    <b>Bonhams Feb 14th:</b> Lot 120. LONDON, JACK. Autograph Manuscript of the short story "Flush of Gold". US$ 40,000-60,000.
    <b>Bonhams Feb 14th:</b> Lot 135. STEINBECK, JOHN. Autograph Manuscript of an unpublished short story. US$ 35,000-45,000.
    <b>Bonhams Feb 14th:</b> Lot 149. GERONIMO. BARRETT, S.M., ed. Geronimo's Story of His Life. 1906. US$ 12,000-18,000.
    <b>Bonhams Feb 14th:</b> Lot 165.<br>ENOLA GAY. LEWIS, ROBERT A. An official pilot's log, 1942 to 1946.<br>US$ 50,000-80,000.
  • <b>Old World Auctions (Feb 3-17):</b><br>Lot 14. Blaeu,<i>Nova Totius Terrarum Orbis Geographica ac Hydrographica Tabula</i>, 1635. Est. $14000-$16000
    <b>Old World Auctions (Feb 3-17):</b><br>Lot 305. Arrowsmith, <i>Texas: The Rise, Progress, and Prospects of the Republic of Texas</i>, 1841. Est. $18000-$20000
    <b>Old World Auctions (Feb 3-17):</b><br>Lot 256. Thackara, <i>Plan of the City<br>of Washington in the Territory of Columbia</i>, 1792. Est. $13000-$16000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 188. Browne/Senex, A New<br>Map of Virginia Mary-land, 1719. <br>Est. $5500-$6500
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 47. Cellarius, <i>Scenographia Systematis Copernicani</i>, 1708.<br>Est. $2400-$3000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 6. Ortelius, <i>Typus Orbis Terrarum</i>, 1571. Est. $7000-$8500
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 413. De Medina, <i>Mundo Novo,</i> 1554. Est. $7000-$9000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 37. Jansson, <i>Histoire des Grands Chemins de l'Empire Romain</i>, 1736. Est. $3000-$3750
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 798. Le Rouge, <i>Atlas Nouveau Portatif a l'Usage des Militaires</i>, 1748. Est. $2400-$3000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 60. Munster, <i>Tabula Novarum Insularum</i>, 1559. Est. $5500-$7000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 122. Morden, <i>A New Map of the English Empire in America</i>, 1695. <br>Est. $14000-$16000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 291. J.J. Stoner, Niagara-Falls, <br>N.Y., 1882. Est. $1600-$1900
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 797. Sanson, <i>Die Gantze Erd-Kugel</i> ... Europa, Asia, Africa und America, 1679. Est. $8000-$10000
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 799. Lotter/Lobeck, Atlas Geographicus Portatilis, 1760.<br>Est. $1600-$1900
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 808. Railroad Companies, [<i>Manuscript Railroad Atlas</i>], 1890.<br>Est. $1000-$1500
    <b>Old World Auctions (Feb 3-17):</b> <br>Lot 800. Pinkerton, <i>A Modern Atlas</i>, 1815. Est. $8000-$10000

Rare Book Monthly

Articles - July - 2006 Issue

Now Where Goes Alibris?

Oakhill

Oak Hill Capital Partners recently purchased online bookseller Alibris.


By Michael Stillman

On May 8, 2006, online bookseller Alibris announced the company had been sold to venture capital firm Oak Hill Capital Partners. Naturally, such a major acquisition set off a chain of questions, concerns, and rumors in the bookselling world. We went to Alibris' Director of Direct Marketing and Sales to answer some of these questions surrounding the purchase. Before looking at the answers, here is a quick review of events.

On May 8, Alibris announced its sale to Oak Hill. Oak Hill is a private investment firm with a stated $4.6 billion in capital. We will assume this is plenty to take care of Alibris' financial needs with money left over for other ventures. Among the companies Oak Hill is already invested in are Washington Mutual, The Container Store, Oreck, TravelCenters of America, and Proquest. The latter raised a few eyebrows because they are involved in the on-demand printing of out-of-print material. The lead investor in Oak Hill is Robert Bass, son of a legendary Texas oilman. However, Bass' fortune was not all a gift, but has grown through the years based on his own shrewd investing. Robert Bass currently shows up as number 200 on Forbes Magazine's list of the wealthiest people in the world, with an estimated worth of $3.4 billion. Certainly Mr. Bass has made a lot of wise investments, more good than bad, a most hopeful and promising sign for Alibris.

One of the most commonly heard rumors was that Oak Hill was some sort of a creditor, effectively foreclosing on Alibris. Alibris has long had outside capital invested, and when its plans to go public two years ago fell through, it turned to the markets for additional capital. However, Alibris' Director of Direct Marketing and Sales, A.J. Kohn, explained that Oak Hill was not one of those earlier investors. This was a new investment for them. "They had no prior financial involvement with Alibris as investors or creditors," Kohn explained. "What they do have is a strong view about the growth potential of our company." He went on to say, "Oak Hill invested in Alibris because we are profitable and have opportunities to use additional capital to help us grow overseas, to extend into movies and music, and to provide additional services for our sellers and customers."

While Alibris does plan to expand the movie and music part of its business, this does not signal a wholesale shift in its selling strategy. The intention is to stick with books and these other related businesses, rather than follow Amazon in selling all kinds of merchandise. "Our focus remains on connecting sellers with buyers, and on media products," Kohn says. "We have no plans to expand into lawn mowers!"

Kohn believes Alibris' focus on connecting buyers and sellers of "media products" will accrue to the benefit of Alibris' sellers. He predicts, "The upshot of this will be more sales for our sellers as we attract additional customers. We expect to attract customers by doing more of the kind of marketing we do today: search engine marketing, affiliate programs, and targeted email. We will also add business partners and library customers, which increase sales for our sellers."

Rare Book Monthly

  • <b>Cowan's Books and Maps: Timed Online Auction, Open, Bid Now!</b>
    <b>Cowan's Books and Maps: </b> Lot 30. <i>Adventures of Huckleberry Finn</i>, First Edition. Est $1000-$1500. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 46. Explorations for a Pacific Railroad Route, 13 Vols. EST $2,000-$3,000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 47. <br>The Novels and Stories of Willa Cather, Autograph Edition. Nos 1-13.<br>EST $4,000-$6,000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 14. <br><i>The Glory of New York by Joseph Pennell</i>, Bruce Rogers Design. <br>EST $1,000-$2,000. BID NOW!
    <b>Cowan's Books and Maps: Timed Online Auction, Open, Bid Now!</b>
    <b>Cowan's Books and Maps: </b> Lot 31. <i>Little Women</i>, First Edition. Boston: Roberts Brothers, 1868-1869.<br>Est $800-$1000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 63. <br><i>Isis Unveiled: A Master-Key to the Mysteries of Ancient and Modern ...</i><br>Est $1500-$3000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 76. <i>Sanson's Atlantis Insula</i> (Nicolas, 1600-1667; Guillaume, 1633-1703). Est $1000-$2000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 85. <i>White's County and District Map<br>of the State of West Virginia, 1875</i>.<br>Est $2500-$5000. BID NOW!
    <b>Cowan's Books and Maps: Timed Online Auction, Open, Bid Now!</b>
    <b>Cowan's Books and Maps: </b> Lot 5.<br><i>A Confession of Faith</i>, Early Connecticut Imprint Regarding<br>the Saybrook Platform, 1760.<br>Est $200-$300. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 78. Senex, John. <i>Map of Louisiana and of the River Mississipi</i> [sic]. [England]. 1719. Est $2000-$3000. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 69. Lot of Children's Chapbooks and Fiction, Plus. Est $150-$300. BID NOW!
    <b>Cowan's Books and Maps: </b> Lot 11. Dard Hunter <i>Papermaking Pilgrimage to Japan, Korea and China</i>. 1936.<br>Est $1500-$2500. BID NOW!
  • <b>19th Century Shop.</b> LINCOLN, ABRAHAM. <i>A superb collection of manuscripts signed by Lincoln and relics related to Lincoln’s death</i>. Washington, 1864-1865
    <b>19th Century Shop.</b> Rare Relic of the Underground Railroad (1857). <i>$500 Reward Ran away ...</i>
    <b>19th Century Shop.</b> CARTER, SUSANNAH. <i>The Frugal Housewife,</i> (1772) the second American cookbook, plates by Paul Revere.
    <b>19th Century Shop.</b> SCHIRRA, WALTER M.. Icon of the American Space Program. <i>A Complete Set of Schirra’s Flight Log Books (1947-69).</i>
    <b>19th Century Shop.</b> A fine pair of daguerreotypes, one a black nurse holding a white baby, the other the white parents. Maryland, c. 1853.
    <b>19th Century Shop.</b> The Internet. (COMPUTERS.) CERF, VINTON & KAHN, ROBERT. <i>"A Protocol for Packet Network Intercommunication" in IEEE Transactions on Communications.</i>

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