Rare Book Monthly

Articles - November - 2012 Issue

A Hard Sell:  The Alexander J. Jemal Collection of Joyce Carol Oates Material

Rare and unusual material

Rare and unusual material

So this brings us to today.  Dealers are decidedly lukewarm about a massive, and may I add the appropriate adjective, obsessive collection of Joyce Carol Oates material.  A typical response is “I have plenty of this kind of material already and it’s not selling.”

Some dealers will consider marketing the Jemal collection but, using the assigned landing slot before take-off analogy, are not optimistic for they don’t see prospects - no easy way to place the collection.  Where a deal is possible the model now prevailing is a combination of purchase and gift that gets the donor some money, some tax benefits and perhaps recognition, in other words, three consolation prizes.

So who are the most logical buyers?  They are institutions and there are three.  Syracuse University has material that Joyce Carol Oates has given them.  By many accounts it’s her Sistine Chapel.  She is also associated with the University of Michigan and they too have a substantial collection.  The third possibility is Princeton where Ms. Oates has been a writer in residence for decades.  They apparently do not have a substantial collection and could logically be expected to have one.

All this leaves Mr. Jemal, after thirty years, in an uncertain state and this why I’m writing about his predicament.  His clock is running and he believes he’ll achieve a better outcome than his heirs.  He has been faithful and resolute as serious collectors are wont but the outcome has now become murky.  It’s no consolation but he’s not alone.  Others equally committed, as they age, face the same prospects and I have for years sought to understand this predicament that can turn a burning passion into an expensive trap.  It’s complicated.  That this has often been true for collectors on the wrong side of trend lines.  No dealer ever told them they were throwing pennies in the ocean and that in every scenario they’d be under water.  Along the way they probably suspected as much, thought they wouldn’t care but in time succumbed to hope.  The world will see and ultimately appreciate what I saw and felt.  But for Mr. Jemal it hasn’t turned out that way.  Perhaps Ms. Oates’ next book will be “The Law of Large Numbers” and he’ll read it to learn what went wrong.  The answers?  Internet availability and changing tastes are leaving collectible 20th century women’s fiction lolling in the doldrums.  It’s a story you can’t make up.

Rare Book Monthly

  • Old World Auctions (Feb 11):
    Lot 11. Blaeu's Superb World Map on a Polar Projection (1695) Est. $5,500 - $7,000
    Old World Auctions (Feb 11):
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    Old World Auctions (Feb 11):
    Lot 49. One of the First Lunar Globes to Show the Far Side of the Moon (1963) Est. $1,000 - $1,300
    Old World Auctions (Feb 11):
    Lot 5. The First World Map with Lavish Allegorical Vignettes of the Continents (1594) Est. $15,000 - $17,000
    Old World Auctions (Feb 11):
    Lot 55. Anti-British Propaganda Map with Churchill as an Octopus (1942) Est. $2,000 - $2,300
    Old World Auctions (Feb 11):
    Lot 197. One of the Most Influential Maps of Westward Expansion (1846) Est. $9,500 - $12,000
    Old World Auctions (Feb 11):
    Lot 10. Scarce Pitt Edition of Carte-a-Figures Map of the World (1680) Est. $9,500 - $11,000
    Old World Auctions (Feb 11):
    Lot 220. A Fine, Early Rendering of San Francisco (1874) Est. $2,200 - $2,500
    Old World Auctions (Feb 11):
    Lot 707. Hand-Colored Image of the Presentation of Jesus with Gilt Highlights (1450) Est. $1,600 - $1,900
    Old World Auctions (Feb 11):
    Lot 80. One of the Most Important Maps Perpetuating the Myth of the Island of California (1680) Est. $3,250 - $4,000
    Old World Auctions (Feb 11):
    Lot 725. Homann's Atlas Featuring 26 Folio-Sized Maps in Original Color (1715) Est. $4,500 - $5,500
    Old World Auctions (Feb 11):
    Lot 169. One of the Earliest Maps to Show Philadelphia (1695) Est. $4,750 - $6,000

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