• Christie's: The first four Folios of William Shakespeare’s collected works will be auctioned on 25 May.
    Christie's: The first four Folios of William Shakespeare’s collected works will be auctioned on 25 May.
  • <b>ALDE May 24:</b> Lot 1. Silver coin (1455), celebrating expulsion of English people in 1451.<br>Est: € 12,000-20,000.
    <b>ALDE May 24:</b> Lot 7. Heures à l’usage de Coutances. Paris, last quarter of 15th century. Est: € 30,000-40,000.
    <b>ALDE May 24:</b> Lot 9.<br>TERENCE. Lyon, Jean Trechsel, 1493. Est: € 20,000-30,000.
    <b>ALDE May 24:</b> Lot 8. Biblia latina. Nuremberg, Anton Koberger, 1478. Est: € 20,000-30,000.
    <b>ALDE May 24:</b> Lot 11. [Francesco Colonna]. Hypnerotomachia Poliphili. Venise, Alde Manuce, December 1499. Est: € 150,000-200,000.
    <b>ALDE May 24:</b> Lot 14. Marco<br>Vigerio della Rovere. Decachordum christianum. Fano, Girolamo Socino, 1507. Est: € 15,000-20,000.
    <b>ALDE May 24:</b> Lot 18. CONSTANTIN VII. De notevoli et utilissimi ammæstramenti dell’agricoltura. Venise, Gabriele Giolito de Ferrari, 1542. Est: € 40,000-50,000.
    <b>ALDE May 24:</b> Lot 19. TITE-LIVE. Latinæ historiæ principis. Lyon, Sébastien Gryphe, 1548.<br>Est: € 15,000-20,000.
    <b>ALDE May 24:</b> Lot 38. OTTOMAN CORAN. 17th century by Muhammad Hafiz (Imam Mehmed Effendi).<br>Est: € 20,000-30,000.
    <b>ALDE May 24:</b> Lot 45. Blaise PASCAL. Pensées. Paris, Guillaume Desprez, 1670. Est: € 100,000-120,000.
    <b>ALDE May 24:</b> Lot 52. George EDWARDS. A Natural History of uncommon birds. London, the author, 1743-1751. Est: € 20,000-30,000
    <b>ALDE May 24:</b> Lot 59. Jean de LA FONTAINE. Fables choisies. Paris, Desaint & Saillant, Durand, 1755-1759. Est: € 40,000-50,000.
  • <b>Ketterer Kunst Hamburg, Rare Books Auction on May 23/24.</b>
    <b>Ketterer Rare Books, May Auction:</b> Mary Stuart. Ms. Parliament document (contemp. copy). 1567. <br>Est: € 2.000
    <b>Ketterer Rare Books, May Auction:</b> Latin and French Book of Hours. About 1480. Est: € 65.000.
    <b>Ketterer Rare Books, May Auction:</b> Book of Hours by Germain Hardouyn. 1533. Est: € 18.000
    <b>Ketterer Rare Books, May Auction:</b> G. P. Gallucci, Theatrum mundi. 1588. Est: € 5.000
    <b>Ketterer Kunst Hamburg, Rare Books Auction on May 23/24.</b>
    <b>Ketterer Rare Books, May Auction:</b> J. Hill, The vegetable system. 1761-75. Est: € 60.000
    <b>Ketterer Rare Books, May Auction:</b> <br>J. Honter, Rudimentorum cosmographicorum libri III. 1549.<br>Est: € 3.000
    <b>Ketterer Rare Books, May Auction:</b> Two terrestrial and celestial globes by J. G. Doppelmayr. 1789 or later. Est: € 40.000
    <b>Ketterer Rare Books, May Auction:</b> <br>G. de Maupassant, Contes choisies. 1891-92. Est: € 6.000
    <b>Ketterer Kunst Hamburg, Rare Books Auction on May 23/24.</b>
    <b>Ketterer Rare Books, May Auction:</b> <br>K. Schwitters, HahnePeter. 1924.<br>Est: € 6.000
    <b>Ketterer Rare Books, May Auction:</b> <br>I. G. Chernikhov, Arkhitekturnye fantazii. 1933. Est: € 3.000
    <b>Ketterer Rare Books, May Auction:</b> <br>E. Baj, La Cravate. 1972. Est: € 3.000
    <b>Ketterer Rare Books, May Auction:</b> <br>H. Bellmer & G. Bataille, Histoire de l'oeil. 1944. Est: € 3.000

Rare Book Monthly

Articles - December - 2008 Issue

Death Defying Success

321

Augustus Kollner, East view of Philadelphia. 1856


By Bruce McKinney

On November 19th in New York Bloombury sold the Jay T. Snider collection of Philadelphiana. The house, bidding to enter the rarified space of super-premium auction selling occupied by Christie's and Sotheby's and to generate bidding enthusiam for material both superb and parochial, produced a 6 lb. glossy full color catalogue that will make an effortless transition from sale document to coffee table icon. The presentation is that good. The timing was tough.

The widely-spoken quote is "when the ocean rises all boats rise." So when oceans recede then what? Most dealers and auction house representatives are away when you want to ask that question and another "how do you feel about 'what goes up must come down.'" You can't blame them of course. But Bill Reese, the largest buyer by dollar volume in the sale [William Reese Company], Joe Felcone [The Joseph Felcone Company] and Jeremy Markowitz of Bloomsbury who organized the sale were willing to speak on the record about it. Both Bill and Joe bid for institutions, collectors and stock. Jeremy negotiated the deal with Mr. Snider, organized and prepared the catalogue, acted as intermediary to potential buyers and of course lived, died and lived again as the sale progressed. The concensus of all parties is "optimism deferred." From a literate group I'd expect nothing less complex.

The superb but narrow material in this sale was very early and important Philadelphiana and divided into five categories: manuscripts, printed books, maps, prints and plate books. W. C. Fields, when referring to death said, "I'd rather be here than in Philadephia" and at least for this recent sale that was also true for some auction bidders. Mr Markowitz described the sale as well attended and mentioned that 72 invoices were issued to winning bidders. Many, if not most, successful bidders were represented by one of the five dealers - Bill Reese, Joe Felcone, Clarence Wolf, Donald Heald and Kenneth Newman who attended and bid actively. In this sale they bought most of the material - some for institutions, some for collectors and some for stock. Collectors often walk away on bad days. The dealers who make the market show up.

It helped that Bloomsbury offered extended terms. One dealer privately complained that Bloomsbury's terms were insufficient as the material, while very good, may take a long time to sell. Bloomsbury was generous but ultimately unapologetic.

The sale was one of several high profile auction events in November that foundered but ultimately did no worse, even arguably better, than comparable first tier collectible sales in the modern painting and automobile fields. Paper collectibles, with few exceptions, even at the highest levels now command lower prices. In fact, you can buy the biggest books for the sales taxes paid on the biggest paintings.

The sale contained 375 lots and was estimated at $2.3 - 3.3 million. It brought $1.9 million at hammer and $2.3 million all in. Twenty-three percent of the lots were bought-in [unsold] including seven of the twelve lots with estimates of $50,000 and more. Given that the unsold lots remain for the consignor to some day sell the only real victim was cashflow.

Rare Book Monthly

  • Bonhams Fine Books and Manuscripts, 8 June 2016, New York
    Bonhams June 8: ARISTOTLE.<br>384-322 B.C.E. De animalibus <br>US$ 300,000-500,000.

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