• <b><center>Dominic Winter Auctioneers<br>September 27<br>The Library of the Late Christopher Foyle of Beeleigh Abbey: Part One</b>
    <b>Dominic Winter, Sep. 27:</b> Bible, Dominican Use, in Latin. Illuminated manuscript on vellum, [France: probably Paris, c. 1240]. £10,000-15,000
    <b>Dominic Winter, Sep. 27:</b> Book of Hours, <i>in French with Latin cues.</i> Illuminated manuscript on vellum [France, Normandy, early(?) 15th century]. £10,000-15,000.
    <b>Dominic Winter, Sep. 27:</b> Book of Hours, <i>Use of Rouen, in Latin and French.</i> Illuminated manuscript on vellum, [France: Rouen, c. 1480]. £30,000-40,000
    <b><center>Dominic Winter Auctioneers<br>September 27<br>The Library of the Late Christopher Foyle of Beeleigh Abbey: Part One</b>
    <b>Dominic Winter, Sep. 27:</b> Mary I (1516-1558). <i>Queen of England, 1553-1558.</i> Letter signed, ‘Marye the Quene’, Greenwich, 7 January 1558. £15,000-20,000
    <b>Dominic Winter, Sep. 27:</b> Jonson (Ben). Works, 1st collected edition, 3 volumes, 1640. £7,000-10,000
    <b>Dominic Winter, Sep. 27:</b> Essex. A sammelband of 27 English Civil War pamphlets mostly relating to the siege of Colchester, Essex, 1648. £5,000-8,000
    <b><center>Dominic Winter Auctioneers<br>September 27<br>The Library of the Late Christopher Foyle of Beeleigh Abbey: Part One</b>
    <b>Dominic Winter, Sep. 27:</b> Latham (Simon). Latham’s Faulconry, or the Faulcons Lure and Cure, 2 parts in one, 1658/. £2,000-3,000
    <b>Dominic Winter, Sep. 27:</b> Exquemelin (Alexandre Olivier). The History of the Bucaniers of America, 2 volumes in 1, 2nd edition, 1695. £1,000-1,500
    <b>Dominic Winter, Sep. 27:</b> Campbell (Patrick). Travels in the interior inhabited parts of North America..., 1st ed., 1793. £5,000-8,000
    <b><center>Dominic Winter Auctioneers<br>September 27<br>The Library of the Late Christopher Foyle of Beeleigh Abbey: Part One</b>
    <b>Dominic Winter, Sep. 27:</b> Burton (Richard F.). Personal Narrative of a Pilgrimage to El-Medinah and Meccah, 3 volumes, 1st edition, 1855-56. £5,000-8,000
    <b>Dominic Winter, Sep. 27:</b> Cosway-style binding. Napoleon and the Fair Sex, 1894. One of 9 similar lots. £1,000-1,500
    <b>Dominic Winter, Sep. 27:</b> Shepard (Ernest Howard, 1879-1976). Pooh and Piglet, original pen and ink drawing, 1958. £20,000-30,000
  • <center><b>Sotheby's<br>English Literature and History<br>Available for Immediate Purchase</b>
    <b>Sotheby’s, Available Now:</b> William Shakespeare. <i>A Midsummer-Night's Dream,</i> 1908. 7,500 USD
    <b>Sotheby’s, Available Now:</b> Charlotte, Emily and Anne Brontë. <i>Brontës' Novels,</i> 1922. 2,400 USD
    <b>Sotheby’s, Available Now:</b> Lewis Carroll. <i>Through the Looking-Glass and What Alice Found There,</i> 1872. 25,000 USD
    <b>Sotheby’s, Available Now:</b> Charles Dickens. Collection of Fiction including <i>Oliver Twist</i> and <i>Sketches by Boz,</i> 1838-1865. 6,250 USD
    <b>Sotheby’s, Available Now:</b> Mary Shelley. <i>Frankenstein,</i> 1839. 4,250 USD
    <b>Sotheby’s, Available Now:</b> James Joyce. <i>Ulysses,</i> 1925. 2,500 USD
    <b>Sotheby’s, Available Now:</b> Jane Austen. <i>The Complete Works of Jane Austen,</i> 1901. 5,250 USD
  • <center><b>Jeschke Jadi Auctions Berlin<br>Rare Books, Prints, Historical Photography<br>29 September 2023</b>
    <b>Jeschke Jádi, Sep. 29:</b> Jan Theodor de Bry. <i>Anthologia magna sive Florilegium novum.</i> 1626. 9,000 €
    <b>Jeschke Jádi, Sep. 29:</b> John Locke. <i>Epistola de tolerantia ad Clarissimum Virum T.A.R.P.T.O.L.A.</i> 1689. 9000 €
    <b>Jeschke Jádi, Sep. 29:</b> F. T. Marinetti, Boccioni, Pratella, Carrà, a.o. <i>Collection of 35 Futurist manifestos.</i> 1909-1933. 7000 €
    <b>Jeschke Jádi, Sep. 29:</b> Johann Elert Bode, Rare engraved celestial globe. (1804). 6000 €
    <b>Jeschke Jádi, Sep. 29:</b> Sebastian Brant (ed.). <i>Tertia pars huius operis in se continens glosam ordinariam cum expositione lyre litterali et morali.</i> 1498. 5000 €
  • <center><b>Christie’s<br>Charlie Watts: Literature and Jazz<br>London and online auction<br>15–29 September</b>
    <b>Christie’s, Explore now:</b><br>F. Scott Fitzgerald (1896–1940). <i>The Great Gatsby.</i> New York: Charles Scribner's Sons, 1925. £100,000–150,000
    <b>Christie’s, Explore now:</b><br>Arthur Conan Doyle (1859–1930). </i>The Hound of the Baskervilles: Another Adventure of Sherlock Holmes.</b> London: George Newnes, 1902. £70,000–100,000
    <b>Christie’s, Explore now:</b><br>Agatha Christie (1890–1976). <i>The Thirteen Problems.</i> London: for the Crime Club Ltd. by W. Collins Sons & Co. Ltd., 1932. £40,000–60,000
    <b>Christie’s, Explore now:</b><br>Dashiell Hammett (1894–1961). <i>The Maltese Falcon.</i> New York: Alfred A. Knopf, 1930. £30,000–50,000

Rare Book Monthly

Articles - March - 2012 Issue

Electronic Book Pricing Under Attack

Kindlejobsbio

The Kindle edition of the Jobs' biography, for sale on Amazon.

The electronic book and publishing world is anxiously watching legal actions that may affect the profitability of this form of an over 500-year-old business. Allegations have been raised by private parties, and unconfirmed reports indicate the U.S. Department of Justice may be looking into the claims. We do not know what, if any, action the DOJ will take, but a look at a lawsuit filed last summer, and updated about a month ago, gives us a glimpse at what is at issue.

The complaint was filed by Hagens Berman, a large law firm that likes to take on class action suits. These are generally suits where a lot of individuals' claims, often each of which is relatively small, are combined into one large action against a much bigger foe. That foe is often a large corporation, or what is known in the trade as a “target” defendant, or one with “deep pockets.” If the suit is successful, the defendant is stopped from committing further wrongdoing, the damaged individuals get a little compensation, and the law firm makes a whole lot of money. Some people are understandably offended that the law firm is the only one that gets seriously paid, but if something like price fixing is taking place, and the government doesn't act, this may be the only way private citizens can stop the practice.

This class action suit was brought against five publishers – MacMillan, Hachette, Penguin, Simon & Schuster, HarperCollins (a division of Rupert Murdoch's News Corp.), and one very deep-pocketed target defendant, the most valuable company in the world – Apple. With $100 billion (yes, billion) in cash sitting on its balance sheet, who wouldn't like to sue Apple?

When Amazon started selling e-books, a primary part of their strategy was to make them cheap. The $9.99 book was created. Amazon didn't make much on selling these e-books, at times even taking a loss. Amazon, unlike Apple, is not a massively profitable business, but there is a reason. Amazon is more focused on building their business for the future than making a lot of money now. By selling e-books for much less than printed ones, Amazon figured (correctly) it could wean a lot of readers over to electronic reading. On top of this, Amazon, with its Kindle e-reader, dominated the e-reader business, with something like 75% of the business. Selling cheap e-books encouraged readers to buy a Kindle e-reader. And ultimately, Amazon even started selling the Kindles cheaply, foregoing profits on them to get you hooked into the process of buying your e-books from Amazon to read on your Kindle electronic reader. The idea was to get people into the habit of fulfilling all of their book reading needs through Amazon. If it wasn't enormously profitable short term, in time that huge customer base would become a large source of revenue and profits for Amazon.

The publishers didn't much like this. Sure, they were getting paid their price for their e-books, but they did not like the long term implications. If Amazon established in consumers' minds that a book is worth only $9.99, and no more, it would make it very hard for them to ever raise prices, and it would make it very hard to sell traditional, printed books for typically established prices. Publishers seriously wanted Amazon to charge more.

So, according to the allegations in the lawsuit, the publishers decided to set the retail price for electronic books. A typical price appears to be $14.99.

Meanwhile, someone else became interested in selling electronic books – the aforementioned Apple. Apple was interested in encroaching on Amazon's e-reader market, selling books to be read on their iPad tablet computers, portable devices which can function as e-readers. Since Amazon is starting to morph their Kindle e-readers into being tablet computers as well, to go after Apple's dominant iPad market, Apple was more than willing turn the tables and go after Amazon's e-reader market. To this end, Apple was willing to go along with what is called the “agency model,” the complaint alleges. In this model, the publisher sets the price, and the seller gets a fixed commission, like 30%. However, while Apple did not seek to garner market share by undercutting the competition, they did not want to charge more than others either. Therefore, to get Apple to sell their e-books, and have them charge higher “agency model” pricing, the publishers had to force up Amazon's retail pricing, or so the complaint alleges.

In their complaint, the e-book consumers, as represented by law firm Hagens Berman, claim the publishers “conspired with Apple to force Amazon to adopt a new agency model in which publishers set prices directly, effectively ending Amazon’s ability to provide consumer-friendly pricing for e-books.” After the new pricing model was unanimously adopted by the publishers, the complaint further alleges, “the price of e-books shot up 30 percent.” The law firm describes this as a “price-fixing conspiracy,” and as “illegal,” which, if their allegations are true, is probably correct.

The law firm cites various alleged statements as evidence of the conspiracy. It cited a statement by Hachette CEO David Young in the New Yorker that if the consumer comes to believe a book is worth “ten bucks,” then “to my mind it's game over for this business.” It says Macmillan CEO John Sargent wrote on a blog that the previous market was “fundamentally unbalanced,” but that the agency model is “stable and rational.” The law firm also claims a Hachette executive met with Amazon and said that a price increase would solve the industry problem. Finally, they cite the Walter Isaacson biography of the late Apple CEO Steve Jobs, with Jobs reportedly saying that Amazon “screwed it up,” and that Jobs described his request that no other retailer be allowed to sell e-books for less than the price Apple charged.

By the way, if you want to read Isaacson's biography of Steve Jobs, you can buy a copy on Amazon. The price is $14.99.

Rare Book Monthly

  • <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Asia.- Mandeville (Sir John). <i>Tractato bellissimo delle piu maravigliose cose & piu motabile che sitrovino nelle parte delmondo,</i> Florence, [Lorenzo Morgiani], [?1505] or possibly, 1496-99. £40,000 to £60,000.
    <b>Forum Auctions, Sep. 28:</b> Arabic ms.- Ghazaliyaat Kan'at al-Arabi [Divan of Poetry written in Arabic], illuminated manuscript in Arabic, Safavid Persia (probably Isfahan), [second quarter of 16th century]. £12,000 to £16,000.
    <b>Forum Auctions, Sep. 28:</b> Foxe (John). <i>Actes and monuments of these latter and perillous dayes, touching matters of the Church…,</i> first edition, dwellyng ouer Aldersgate, [20th March, 1563]. £15,000 to £20,000.
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Barrie (J.M.) <i>Peter Pan or The Boy Who Would Not Grow Up,</i> first play edition, signed presentation inscription from the author "To my dear Jane Pan", 1928. £3,000 to £4,000.
    <b>Forum Auctions, Sep. 28:</b> Gillray (James). John Bull taking a Luncheon: -or- British Cooks, cramming Old Grumble-Gizzard, with Bonne-Chére, etching with hand-colouring, 1798. £1,500 to £2,000.
    <b>Forum Auctions, Sep. 28:</b> Middle East.- Roberts (David). <i>The Holy Land, Syria, Idumea, Arabia, Egypt & Nubia,</i> 6 vol. bound as 4, first edition, 1842-49. £12,000 to £18,000.
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Greenwood (C. & J.) <i>Map of London made from an Actual Survey in the Years 1824, 1825 & 1826...,</i> first edition, engraved map, 1827. £15,000 to £20,000.
    <b>Forum Auctions, Sep. 28:</b> Newton (Sir Isaac). <i>Opticks: or, A Treatise of the Reflexions, Refractions, Inflexions and Colours of Light…,</i> first edition, 1704. £15,000 to £20,000.
    <b>Forum Auctions, Sep. 28:</b> Smith (Percy John Delf). Collection of 19 original preliminary drawings for "Twelve Drypoints of the War 1914-1918", circa 1914-1918; together with 11 drypoints from "Twelve Drypoints of the War 1914-1918", 1925. £15,000 to
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Guild of Women Binders.- Watts (Alaric A.) <i>Lyrics of the Heart: with other poems</I>, in a stunning richly gilt green crushed morocco by the Guild of Women Binders, Longman, 1851. £12,000 to £18,000.
    <b>Forum Auctions, Sep. 28:</b> Cosway binding.- Dodgson (Charles Lutwidge). "Lewis Carroll". <i>Alice's Adventures in Wonderland,</i> in a Cosway binding with miniatures by Miss C.B. Currie, 1868. £10,000 to £15,000.
    <b>Forum Auctions, Sep. 28:</b> Fleming (Ian). <i>Casino Royale,</i> first edition, first impression, 1953. £18,000 to £22,000.
  • <center><b>Swann Auction Galleries View Our Record Breaking Results</b>
    <b>Swann:</b> Charles Monroe Schulz, <i>The Peanuts gang,</i> complete set of 13 drawings, ink, 1971. Sold June 15 — $50,000.
    <b>Swann:</b> Charlotte Perkins Gilman, Family Archive of Photographs & Letters. Sold June 1 — $60,000.
    <b>Swann:</b> Victor H. Green, <i>The Negro Motorist Green Book,</i> New York, 1949. Sold March 30 — $50,000.
    <b>Swann:</b> William Shakespeare, <i>King Lear; Othello;</i> [and] <i>Anthony & Cleopatra;</i> Extracted from the First Folio, London, 1623. Sold May 4— $185,000.
    <center><b>Swann Auction Galleries View Our Record Breaking Results</b>
    <b>Swann:</b> William Samuel Schwartz, <i>A Bridge in Baraboo, Wisconsin,</i> oil on canvas, circa 1938. Sold February 16 — $32,500.
    <b>Swann:</b> Lena Scott Harris, <i>Group of approximately 65 hand-colored botanical studies, all apparently California native plants,</i> hand-colored silver prints, circa 1930s. Sold February 23 — $37,500.
    <b>Swann:</b> Suzanne Jackson, <i>Always Something To Look For,</i> acrylic & pencil on linen canvas, circa 1974. Sold April 6 — $87,500.
    <b>Swann:</b> Gustav Klimt, <i>Das Werk von Gustav Klimt,</i> complete with 50 printed collotype plates, Vienna & Leipzig, 1918. Sold June 15 — $68,750.
  • <b><center>CONSIGN NOW</b>
    <b>Ketterer Rare Books, Preview:</b></br> H. Scherer, <i>Atlas novus exhibens orbem terraqueum,</i> 1702-10.<br>Est: € 15,000
    <b>Ketterer Rare Books, Preview:</b></br> L. de Varthema, <i>Die Ritterlich und lobwirdig rayß,</i> 1515.<br>Est: € 60,000
    <b>Ketterer Rare Books, Preview:</b></br> G. Heym, <i>Umbra vitae,</i> 1924.<br>Est: € 8,000
    <b>Ketterer Rare Books, Preview:</b></br>F. de Wit, <i>Orbis maritimus ofte Zee Atlas,</i> around 1680.<br>Est: € 15,000
  • <center><b>Gonnelli: Auction 46 Books<br>Autographs & Manuscripts<br>Oct 3rd-5th 2023</b>
    <b>Gonnelli:</b> Tilson - Zanotto, Il vero tema. 2011. Starting price 150 €
    <b>Gonnelli:</b> Munari, Storia di un filo. Starting price 400 €
    <b>Gonnelli:</b> Debord, Contre le cinéma. 1964. Starting price 150 €
    <b>Gonnelli:</b> Futurism books and ephemera
    <b>Gonnelli:</b> Travel books
    <b>Gonnelli:</b> Medicine books
    <b>Gonnelli:</b> Levaillant, Histoire naturelle des perroquets. 1801-1805. Starting price 52.000 €
    <b>Gonnelli:</b> Carrera, Il gioco de gli scacchi. 1617. Starting price 3200 €
    <b>Gonnelli:</b> Vergilius, Opera. 1515. Starting price 800 €
  • <b><center>Forum Auctions<br>Colour Plate Books from the Library of Norman Bobins<br>26th September 2023</b>
    <b>Forum, Sep. 26:</b> Alken (Henry), Thomas Egerton et al. <i>The Melange of Humour,</i> first collected edition, Printed by W. Lewis, [c.1835]. £2,000 to £3,000.
    <b>Forum, Sep. 26:</b> [Cheny (John) and Thomas Butler, publishers]. <i>[Horses & Their Pedigrees],</i> Cheny & Butler, 1740-1746 or 1751-1753. £4,000 to £6,000.
    <b>Forum, Sep. 26:</b> Dikenman (R.) Voyage en Suisse, Zurich, [c.1830]. £2,000 to £3,000.
    <b><center>Forum Auctions<br>Colour Plate Books from the Library of Norman Bobins<br>26th September 2023</b>
    <b>Forum, Sep. 26:</b> Eckert (H.A.) Monten (Dietrich) and F. Schlever. <i>Das K.K. Russische Militair aus dem grossen Werke Saemmtliche Truppen von Europa,</i> first edition, Wuerzburg, 1840 [but c.1842]. £4,000 to £6,000.
    <b>Forum, Sep. 26:</b> Havell, Junior (Robert). <I>Costa Scena, or a Cruise along the Southern Coast of Kent,</I> hand-coloured aquatint panorama with original boxwood drum, 1823. £3,000 to £4,000.
    <b>Forum, Sep. 26:</b> Heideloff (Victor). <i>Ansichten des Herzoglich Württembergischen Landsitzes Hohenheim,</i> first edition in original 6 parts, Nuremberg, 1795-1800. £4,000 to £6,000.
    <b><center>Forum Auctions<br>Colour Plate Books from the Library of Norman Bobins<br>26th September 2023</b>
    <b>Forum, Sep. 26:</b> Jones (Owen) and Jules Goury. <i>Views on the Nile: from Cairo to the Second Cataract,</i> first edition, Graves and Warmsley, 1843. £3,000 to £4,000.
    <b>Forum, Sep. 26:</b> Meyer (Johann Heinrich). <i>Der Rigiberg in Zeichnungen nach der Natur,</i> Zurich, Fuessli, 1807. £3,000 to £4,000.
    <b>Forum, Sep. 26:</b> Nichol (Andrew). <i>Five Views of the Dublin and Kingstown Railway,</i> first edition, Dublin, William Frederick Wakeman, 1834. £5,000 to £7,000.
    <b><center>Forum Auctions<br>Colour Plate Books from the Library of Norman Bobins<br>26th September 2023</b>
    <b>Forum, Sep. 26:</b> Schetky (J. C.) A series of four sketches, illustrative of various situations of His Majesty's Ship Pique, Portsea, Trives & Maynard, 1835. £4,000 to £6,000.
    <b>Forum, Sep. 26:</b> Stackelberg (Otto Magnus von). <i>Costumes et Usages des Peuples de la Grece Moderne,</i> first edition, Rome, 1825. £20,000 to £30,000.
    <b>Forum, Sep. 26:</b> Stucchi (Stanislao). <i>Raccolta di Scene Teatrali eseguite o disegnate dai più celebri Pittori Scenici in Milano,</i> 3 vol., Milan, 1817. £6,000 to £8,000.

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