Rare Book Monthly

Articles - January - 2011 Issue

AE's Top 500 Book Auction Prices for 2010

1933superman

Superman was once a most evil dude.

Another year has come to a close, which means it is once again time for the Americana Exchange's annual review of the highest prices paid at auction for books, manuscripts, and related ephemera. While the market as a whole for books may remain somewhat soft, there is a healthy market at the top, particularly the very top. This past year, eight items exceeded the million-dollar barrier, twice the number as 2009, and the top one sold for over three times the amount of last year's number one. Even in hard times, the old maxim still applies - the rich get richer.

 

Another positive for the high-end of the market is that #500 sold for $47,806, a healthy sum, and 8.5% higher than a year ago. But, before we enter the AE Top 500, here are a few of the intriguing items that didn't quite make the threshold. An archive including an arrest warrant and commitment decree for Mary Todd Lincoln, Abraham Lincoln's widow, sold for $37,600. They were taken out by her only surviving son, Robert, who believed his mother belonged in an insane asylum. She was committed but later released. For $35,850 you could have obtained an ordinary ship's passport signed by President William Henry Harrison. Why is a document from this obscure president so pricey? The answer is he died only a month into office, and his signature as President is exceedingly rare. For $24,000, you could have obtained three photographic portraits of Alexandra Rhodes Kitchin. She isn't so important, but her photographer, already showing a fascination with young girls, was Charles Lutwidge Dodgson. He would later be far better known as a writer, employing the penname "Lewis Carroll."

 

#467 is a most interesting letter from British General Burgoyne in 1775, after the British "victory" at Bunker Hill. He warns the recipient not to let this victory get their hopes up, that prospects are "gloomy." He was right. Burgoyne later lost the Battle of Saratoga. $50,000. #412 is a letter requesting provisions for his troops that same year from a loyal American general - Benedict Arnold. Well, at least in 1775 he was a loyal American. $53,125.

 

#383 is one of the newer items on the list. It is the 1933 mimeograph booklet containing the first story about and illustration of Superman. It precedes Action Comics #1 by 5 years. However, in this story, the caped crusader was a bald villain. He was later converted to a hero for better commercial prospects. $57,500.

 

#256 is a handwritten, signed entreaty from John Ross, Chief of the Cherokees, to Congress in 1836. Ross pleads that his people be allowed to remain on their ancestral Georgia homeland. "On your kindness, on your humanity, on your compassions, on your benevolence, we rest our hopes. To you, we address our reiterated prayers. Spare our people!" It fell on deaf ears. Two years later, the Cherokee were forced to leave on their "Trail of Tears." $78,000.

 

#134 is a remarkably frank letter from George Washington to a nephew in 1786, where he explains that should his wife (Martha) outlive him, he would die without issue, and if he outlived her, he would never marry a girl, and a woman of a suitable age would be unlikely to bear him children. $120,750.

 

"One small step for a man - one giant leap for mankind." These words are inscribed on the flight plan for the Apollo 11 by Neil Armstrong, first man to walk on the moon. #198. $152,000. A century and a half earlier, Lewis and Clark made their comparably spectacular journey for that era. #95 is a first edition of their account. $158,000.

 

The world was a changin' in 1963 when Bob Dylan penned these manuscript lyrics to The Times They Are A-Changin'. #25. $422,500. Abraham Lincoln was blunt and terse when he sent this telegram to Union commander General George McClellan in 1862:  "You must either attack Richmond, or give up the job and come to the defense of Washington." #20. $482,500. #12 is a document signed by John Hancock, Robert Morris and others in 1776, but it is not their signatures that make it so valuable. It is that of Button Gwinnett, the signer of the Declaration of Independence whose autograph is the rarest and hardest to obtain of all. $722,500.

And now, the Top 10.

Rare Book Monthly

  • <b>Doyle, The Estate of Oleg Cassini. June 27</b>
    <b>Doyle, The Estate of Oleg Cassini:</b> KENNEDY ONASSIS, JACQUELINE Typed letter signed to Oleg Cassini. $400 to $600
    <b>Doyle, The Estate of Oleg Cassini:</b> [CASSINI-KENNEDY FASHIONS] Important archives related to the development of fashions for Mrs. Kennedy… $4,000 to $6,000
    <b>Doyle, The Estate of Oleg Cassini:</b> [CASSINI-KENNEDY FASHIONS] Detailed ledger of the Kennedy White House years… $500 to $800
    <b>Doyle, The Estate of Oleg Cassini:</b> KELLY, GRACE. Four autograph letters to Oleg Cassini. $5,000 to $8,000
    <b>Doyle, The Estate of Oleg Cassini. June 27</b>
    <b>Doyle, The Estate of Oleg Cassini:</b> CASSINI, OLEG. Group of Kennedy-era original fashion sketches. $1,000 to $1,500
    <b>Doyle, The Estate of Oleg Cassini:</b> KENNEDY ONASSIS, JACQUELINE. Autograph letter signed to Oleg Cassini. $800 to $1,200
    <b>Doyle, The Estate of Oleg Cassini:</b> CASSINI, OLEG. Fashion sketch titled “Mrs. Kennedy-Palais de Versailles-State Dinner.” $800 to $1,200
    Doyle, The Estate of Oleg Cassini: [CASSINI, OLEG - KENNEDY, JACQUELINE.] Group of approximately 130 original fashion designs… $800 to $1,200.
  • <b>Christie’s Paris:</b> Blaise Cendrars and Fernand Léger, <i>La Fin du monde filmée par l’ange N.-D.,</i> Paris, Editions de la Sirène, 1919
    <b>Christie’s Paris:</b> André Breton, <i>Second manifeste du Surréalisme,</i> Paris, Editions Kra, 1930
    <b>Christie’s Paris:</b> Paul Eluard and Pablo Picasso, <i>La Barre d’appui,</i> Paris, Editions « Cahiers d’Art », 1936
    <b>Christie’s Paris:</b> Blaise Cendrars and Fernand Léger, <i>La Fin du monde filmée par l’ange N.-D.,</i> Paris, Editions de la Sirène, 1919
    <b>Christie’s Paris:</b> Hans Bellmer, <i>Die Puppe,</i> Paris, G.L.M., 1936
    <b>Christie’s Paris:</b> Salvador Dali, <i>La femme visible,</i> Paris, Editions Surréalistes, 1930
  • <b>Christie’s London, Jul. 9:</b> Pushkin, Alexander. <i>Evgenii Onegin. A novel in verse.</i> A first edition of the most important work in Russian literature in its original parts, 1825–32. £120,000 to £160,000
    <b>Christie’s London, Jul. 9:</b> Gogol, Nikolai. <i>Evenings on a Farm near Dikanka.</i> A rare first edition of Gogol's first masterpiece, 1831–32. £70,000 to £100,000
    <b>Christie’s London, Jul. 9:</b> Darwin, Charles Robert. <i>On the Origin of Species by Means of Natural Selection.</i> First edition, owned and read by two contemporaries of Darwin. London: John Murray, 1859. £140,000 to £200,000
    <b>Christie’s London, Jul. 9:</b> Galilei, Galileo. <i>Sidereus Nuncius.</i> First edition, announcing the first astronomical discoveries made with the telescope. Venice: Tommaso Baglioni, [March] 1610. £300,000 to £500,000
    <b>Christie’s London, Jul. 9:</b> The seal of Wulfric. England, first half 11th century. £70,000 to £100,000
    <b>Christie’s London, Jul. 9:</b> Bible, <i>Ezechiel</i> in Latin. [Northern Italy, 5th century]. £120,000 to £180,000
    <b>Christie’s London, Jul. 9:</b> Blaeu, Jan and Willem Blaeu. <i>Grooten Atlas [Atlas Major]</i>. Amsterdam: Johannes Blaeu, 1664. £450,000 to £650,000
    <b>Christie’s London, Jul. 9:</b> Petites Heures of Charles VIII use of Paris, in Latin. An exquisite Hours illuminated by the Master of the Chronique Scandaleuse. [Paris, 1490s]. £300,000 to £500,000
  • <b>Swann Auction Galleries:</b> Ian Fleming, <i>Goldfinger,</i> first edition, inscribed to Sir Henry Cotton, MBE, London, 1959. Sold for $25,000.
    <b>Swann Auction Galleries:</b> Joseph Brant, Mohawk Chief, ALS, writing after pledging support to King George III against American rebels, 1776. Sold for a record $35,000.
    <b>Swann Auction Galleries:</b> Sonia Delaunay, <i>Ses Peintures</i> . . ., 20 pochoir plates, Paris, 1925. Sold for a record $13,750.
    <b>Swann Auction Galleries:</b> Diana, Princess of Wales, 6 autograph letters signed to British <i>Vogue</i> editor, 1989-92. Sold for $10,400.
    <b>Swann Auction Galleries:</b> Alexander Hamilton, ALS, as Secretary of the Treasury covering costs of the new U.S. Mint, 1793. Sold for $12,500.
    <b>Swann Auction Galleries:</b> Benjamin Graham & David L. Dodd, <i>Security Analysis,</i> first edition, inscribed by Graham to a Wall Street trader, NY, 1934. Sold for $20,000.
    <b>Swann Auction Galleries:</b> George Barbier & François-Louis Schmied, <i>Personnages de Comédie,</i> Paris, 1922. Sold for $9,375.
    <b>Swann Auction Galleries:</b> Alphonse Mucha, <i>Ilsée, Princesse de Tripoli,</i> Paris, 1897. Sold for a record $13,000.
    <b>Swann Auction Galleries:</b> Ralph Waldo Emerson, <i>The Dial,</i> first edition of the reconstituted issue, Emerson’s copy with inscriptions, Cincinnati, 1860. Sold for a record $3,250.
  • <b>Bonhams, Jun 13 results:</b> Darwin, Charles. <i>On the Origin of Species.</i> Presentation Copy. Sold for $500,075.
    <b>Bonhams, Jun 13 results:</b> Darwin, Charles. Autograph Letter Signed, 3 pp, negotiating the 2nd American edition with Appleton. Sold for $21,325.
    <b>Bonhams, Jun 13 results:</b> Hemingway, Ernest. Autograph Letter Signed, 8 pp, Paris, 1924, to his father discussing Bullfighting, Stories, and his new baby. Sold for $25,075.
    <b>Bonhams, Jun 13 results:</b> Shakespeare, William. <i>Corialanus.</i> London, 1623. 1st printing [Extracted from the First Folio]. Sold for $50,075.
    <b>Bonhams, Jun 13 results:</b> Swift, Jonathan. <i>Gulliver's Travels.</i> London, 1726. 1st edition, Teerink's A edition, fine, large copy. Sold for $21,325.
    <b>Bonhams, Jun 13 results:</b> Fitzroy, Robert. Autograph Letter Signed to agent Thomas Stilwell, informing him of the progress of H.M.S. Beagle. Sold for $17,575.
    <center><b>Bonhams<br> Property from the Collection of Nicole and William R. Keck II</b>
    <b>Bonhams, Jun 13 results:</b> Shakespeare, William. <i>Sonnets.</i> 1901. 2 volumes. Printed on vellum and illuminated by Ross Turner, bound by Trautz-Bauzonnet. Sold for $13,825.
    <b>Bonhams, Jun 13 results:</b> Beardsley, Aubrey. <i>The Birth, Life, and Acts of King Arthur.</i> 1893-94. 2 volumes. Contemporary painted vellum gilt by Chivers. Sold for $5,325.
    <b>Bonhams, Jun 13 results:</b> Assisi, St. Francis. <i>The Canticle of Brother Sun.</i> Illuminated on vellum, for the Grolier Society. Sold for $7,575.
    <b>Bonhams, Jun 13 results:</b> Rackham, Arthur. <i>Peter Pan in Kensington Gardens.</i> 1/500 copies signed by Rackham. Sold for $4,825.
    <b>Bonhams, Jun 13 results:</b> Proust, Marcel. <i>Du coté de chez Swann.</i> 1st edition, 1st issue. Inscribed by Proust. Sold for $8,825.

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