• <b>19th Century Shop.</b> (DEMOCRATIC CONVENTION, Chicago, 1968). <i>Collection of papers of John M. Bailey, Chairman of the Democratic National Committee, concerning the convention</i>. Various places, 1968.
    <b>19th Century Shop.</b> (ARMSTRONG, NEIL.) VERNE, JULES. <i>A Trip to the Moon.</i> New York: F. M. Lupton, September 9, 1893. Signed by Neil Armstrong, first man to walk on the moon.
    <b>19th Century Shop.</b> KEY, FRANCIS SCOTT. <i>A Celebrated Patriotic Song, the Star Spangled Banner.</i> 1814.
    <b>19th Century Shop.</b> [COLUMBUS, CHRISTOPHER, Amerigo Vespucci ..] Bernardus Albingaunensis .. Dialogo nuperrime edito Genue in 1512.
    <b>19th Century Shop.</b> (WATKINS, TABER &c.). <i>An album of 32 photographs of the Yosemite and American West Various places</i>, c. 1890s
    <b>19th Century Shop.</b> (BATTLE OF CONCORD.) <i>Powder horn used by Minuteman Oliver Buttrick at the Battle of Concord</i>, April 19, 1775.
    <b>19th Century Shop.</b> (CIVIL WAR.) <i>An Extraordinary Confederate Photograph and Autograph Album of Dr. R. L. C. White</i>, 125 original mounted salt prints. 1859-61.
  • <b>Swann Auction Galleries:</b> Announcing the Fall 2016 Auction Season
    <b>Swann Auction Galleries Nov 1:</b> Autographs
    <b>Swann Auction Galleries Oct 18:</b> Early Printed, Medical, Scientific & Travel Books
    <b>Swann Auction Galleries Nov 10:</b> 19th & 20th Century Literature
    <b>Swann Auction Galleries Dec 8:</b> Maps & Atlases, Natural History & Colored Plate Books
    <b>Swann Auction Galleries Nov 17:</b> Printed & Manuscript Americana
    <b>Swann Auction Galleries Dec 1:</b> Art, Press & Illustrated Books
    <b>Swann Auction Galleries Sep 29:</b> Illustration Art
    <b>Swann Auction Galleries Nov 3:</b> Old Master Through Modern Prints
  • <b>Bonhams: Fine Books and Manuscripts. Sept. 21, 2016</b>
    <b>Bonhams Sept. 21:</b> WARREN, JOSEPH. Letter Signed ("Jos Warren") as Chairman of the Committee of Safety. Cambridge, MA, June 4, 1775.
    <b>Bonhams Sept. 21:</b> WHITMAN, WALT. Leaves of Grass. Brooklyn, NY: [for the Author], 1855.
    <b>Bonhams Sept. 21:</b> JEFFERSON, THOMAS. Printed Broadside Signed ("Th: Jefferson") as Secretary of State. Philadelphia, February 12, 1793.
    <b>Bonhams Sept. 21:</b> CELLINI, BENVENUTO. 1500-1571. Autograph Letter Signed ("Beto. Cellini"). [Florence, c.1566].
    <b>Bonhams: Fine Books and Manuscripts. Sept. 21, 2016</b>
    <b>Bonhams Sept. 21:</b> NAPOLEON BONAPARTE. Autograph Manuscript. [c.1795].
    <b>Bonhams Sept. 21:</b> DICKENS, CHARLES. Great Expectations. London: Chapman and Hall, 1861.
    <b>Bonhams Sept. 21:</b> REED, JOHN. To the Honourable House of Representatives of the Freemen of Pennsylvania this Map of the City and Liberties of Phiadelphia With the Catalog of Purchasers is Humbly Dedicated.... [Philadelphia]: engraved by James Smit
    <b>Bonhams Sept. 21:</b> ELIOT, THOMAS STEARNS. The Waste Land. New York: Boni and Liveright, 1922.

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

  • <b>Seth Kaller:</b> Leaves from<br>George Washington's Own Draft <br>of His first Inaugural Address. An Extraordinary Rarity!
    <b>Seth Kaller:</b> Declaration of Independence: Benjamin Tyler 1818 - First Print with Facsimile Signatures.
    <b>Seth Kaller:</b> Thomas Jefferson Signed Act of Contress Authorizing Alexander Hamilton to Complete Famous Portland Maine Lighthouse.
    <b>Seth Kaller:</b> Emanuel Leutze. Silk Flag Banner designed by Leutze, created by Tiffany & Co., and presented to Gen. John A. Dix, 1864.
    <b>Seth Kaller:</b> The "greatest of early American maps … a masterpiece" (Corcoran). Thomas Holme.
    <b>Seth Kaller:</b> Lincoln Summons His Cabinet for a Historic Meeting to Discuss Compensated Emancipation.
    <b>Seth Kaller:</b> Albert Einstein. Autograph Letter Signed. Einstein Counsels His Son ... Meaning of Life.
    <b>Seth Kaller:</b> Normal Rockwell. Painting/Drawing Signed. Rockwell's "Barbeshop Quartet", 1936.
    <b>Seth Kaller:</b> Frederick Douglass. Autograph Letter Signed to unknown correspondent. Washington, D.C.
    <b>Seth Kaller:</b> Harry Truman. Autograph Manuscript Notebook for Kansas City Law School Night Class.
    <b>Seth Kaller:</b> Robert E. Lee. Autograph Letter Signed, June 11, 1782. Hours after the Battle of Culpeper Court House, Lee Escapes Again.
    <b>Seth Kaller:</b> George Washington. Letter Signed, as Commander-in-Chief, Continental Army, to Elias Dayton, Headquarters, [Newburgh, N.Y.], June 11, 1782.

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