Rare Book Monthly

Articles - November - 2013 Issue

Library Director Resigns Over Attempt to Sell Shakespeare Folios

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A Shakespeare first folio (a different copy).

The Director of the Senate House Libraries at the University of London has resigned over an aborted plan to sell four of the library's Shakespeare folios at auction. Director Christopher Pressler tendered his resignation early last month. Libraries are increasingly facing issues related to deaccessioning old works as needs or wants dictate changes in direction. However, this was not the typical such case, and its circumstances made it particularly controversial among the academic community. It was so controversial that the library was forced to cancel the planned sale and the chief librarian decided it was best to step down.

 

The library had planned to sell four Shakespeare folios, all from the 17th century. One was a first folio, one of the most desirable books ever printed. The four in total were estimated to bring around £5 million, $8 million in U.S. dollars. A couple of reasons were given. One was that the library wished to add to its collection of 20th and 21st century manuscripts. A more general reason was to increase the library's endowment such as to attract more readers and restore National Research Library funding it lost in 2006. Academics, for the most part, found these reasons of dubious merit for an act as momentous as the selling of Shakespeare folios.

 

The library had justified its plan by noting that these were duplicate copies. However, academics argued that each copy of books of this age is unique because of constant press changes, making each essential for study by scholars. They also noted that only 232 copies of the first folio are known to exist, and most are now overseas. An auction sale might well result in a purchase by a wealthy, foreign private collector, resulting in one fewer copy remaining in Shakespeare's homeland.

 

Sir Brian Vickers, a Shakespearean scholar and visiting professor, was particularly pointed in his disputing that multiple copies were essentially the same. The press changes could contain information that has puzzled scholars for generations, bitingly concluding, “so to sell them is an act of stupidity of the highest order.”

 

Adding further to the controversy was the fact that the books had been bequeathed to the library as a permanent gift in 1958 by Sir Louis Sterling. Sir Louis was born in America of immigrant parents. He went to England in 1903 to sell phonographs and stayed, becoming a dominant force in the phonograph and radio business in Europe. His expectation was that the Shakespeare folios would permanently remain in the University of London's library collection.

 

Simon Eliot, Chairman of the History of the Book at the university's Institute of English studies, speaking of abandoning Sir Louis' directions, wrote a letter stating, “It will cast a long and dark shadow over SHL [Senate House Libraries]. Who in the future will trust it? How many collections will it not be offered, how many givers will turn away with the reasonable feeling that the Library and its Trustees cannot be trusted?” Mr. Eliot also observed that the books had already been transferred to Bonham's auction at the time a call went out for comments, making it appear the purpose of soliciting comments was just to (hopefully) receive support for a decision already made.

 

Matters were made still more controversial when it became known that Director Pressler had a long time relationship with a staff member of Bonham's, the auction house selected to make the sale. University regulations require that any such relationships be revealed because of the possibility of a conflict of interest. While acknowledging that rules were not followed, the university, in accepting Mr. Pressler's resignation, emphasized that it was satisfied with his assurances that he acted in good faith and in the best interests of the library. The Bonham's employe was reportedly not involved in the sale.

 

Libraries will continue to face tough decisions in the years ahead, as current needs may compel changes, even with regards to books once donated “permanently.” Forever is a very long time. However, as Mr. Eliot observed, “This is not the first case of a library asset stripping its collections, nor will be the last, but it is a particularly egregious example.” Less egregious examples will be harder to decide.

Rare Book Monthly

  • <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.
  • <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

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