Rare Book Monthly

Articles - August - 2014 Issue

It sometimes comes to this

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A bookshop is the outcome of a million decisions.  To open a shop and then what to sell are the early decisions that seamlessly lead to the turning on of the electricity, to the buying of shelves and a cash register.  Signs are then posted or painted onto the windows, and if the zoning permits, perhaps something larger and possibly gaudier appended on the outside to attract the passersby.   And then there are the decisions that will regulate and determine the everyday throb of the business.  Will we be open from 10 am to 10 pm 7 days or perhaps 9 am to 5 pm 5 days?  And what books will we put on the shelves?

 

The decisions about inventory will be crucial and success for a time, even decades, mask the small failures.  Some books will be plucked from their just-arrived boxes to be handed to customers waiting for them.  Others that sounded good in their descriptions, will slip onto shelves and over the decades make the painful trip from “just arrived” to “half price” to “make me an offer” and still never leave the building.

 

Bookshops in time change hands and when they do the person or persons buying will often share many of the characteristics that the buyers had a generation or two earlier.  They are both part of the continuum of believers who, for the past five hundred years, have shared an absolute conviction in the power of the printed word.  The notion that the transfer of ideas via the printed word might atrophy and decline or be transformed does not get a complete hearing in their court.

 

But ultimately it is public opinion and public preference that will determine, for the number of the younger willing to embrace the methodology of the older is itself declining - leading in some cases to the outright sale at auction of the residue of such shops that have not otherwise been transferred.  We have seen this elsewhere and the outcomes are never pretty.  The inventory that was always going to be the “retirement money” turns out to be the antibiotics whose expiry date is long past.  Or so it seems.

 

On the 12th Bruun Rasmussen will offer at auction the entire remaining contents as a single lot of a shop at Studiestraede 10, Copenhagen.  The shop contains 20,000 to 25,000 books, most in Danish, of literature and sundry related subjects.  The retail prices of the inventory approach US$540,000 but as a single lot the auction estimate is US$18,000 to $27,000.

 

In the years ahead there will be many such sales and they will mark the nadir of the field.  And at the same time many dealers will avoid these late career disasters by thinning weak selections from their inventory as they go and buying increasingly carefully going forward.  As a result they will not be left with huge amounts of inventory to be sold for pennies because they discounted along the way. Nevertheless, such outright sales will for a time be almost common.

  

Whether as a bystander or a bidder such events as this auction are important for they recalibrate our hopes and aspirations.  We'll be hoping for the best.

 

Here is a link to sale conducted by Bruun Rasmussen


Posted On: 2014-08-01 18:23
User Name: Fattrad1

Inventory management has always been extremely important in any retail business, bookstores are no exception to the rule. What I am amazed at is the prices paid at an auction on July 31, 2014, in some cases far above retail store prices or many copies available online.

Jeff Elfont
Swan's Fine Books - An Open Shop
Walnut Creek, Ca.


Rare Book Monthly

  • <b>Swann Auction Galleries, May 12:</b> <i>Westvaco–Inspirations for Printers,</i> 3 volumes, 1938-61. $200 to $300.
    <b>Swann Auction Galleries, May 12:</b> Proef van Letteren, <i>Welk gegooten worden in de Nieuwe Haerlemsche Lettergietery,</i> 1768. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Paul Klee, <i>Bauhaus Ausstellung Juli – Sept.,</i> Weimar, 1923. $4,000 to $6,000.
    <b>Swann Auction Galleries, May 12:</b> Michel Seuphor & Jozef Peeters, <i>Het Overzicht Nos.</i> 22-23-24, Antwerp, 1922. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Wolfrum & Co., <i>Modern Graphik, Serie I…,</i> complete portfolio, 1909. $1,200 to $1,800.
    <b>Swann Auction Galleries, May 12:</b> <i>Gravure et Fonderie deC. Derriey: Specimen-Album,</i> Paris, 1862. $5,000 to $7,500.
  • <b><center>Sotheby’s<br>Science: Books and Manuscripts<br>15-25 May 2021</b>
    <b>Sotheby’s, 15-25 May:</b> Mary Anning. Autograph letter signed, to William Buckland, 24 November 1834. £50,000 to £70,000.
    <b>Sotheby’s, 15-25 May:</b> Bolyai. <i>Scientiam spatii absolute veram exhibens,</i> Maros Vásárhelyi, 1832-1833, 2 volumes, half calf. £50,000 to £70,000.
    <b>Sotheby’s, 15-25 May:</b> Vesalius.<br><i>De humani corporis fabrica,</i> Basel, 1555, modern crushed burgundy morocco. £15,000 to £20,000.
    <b><center>Sotheby’s<br>Science: Books and Manuscripts<br>15-25 May 2021</b>
    <b>Sotheby’s, 15-25 May:</b> Copernicus.<br><i>De revolutionibus orbium coelestium,</i> Nuremberg, 1543, later boards, Rostock duplicate. £70,000 to £100,000.
    <b>Sotheby’s, 15-25 May:</b> Payan-Dumoulin. Profusely illustrated manuscript of fossils, France, c.1875-1979. £15,000 to £20,000.
    <b>Sotheby’s, 15-25 May:</b> Albert Einstein. Autograph letter signed, to his son Albert, 4 November [1915]. £10,000 to £15,000.
  • <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Alken (Henry), after. Salmon Fishing; Fishing in a Punt; Pike Fishing, three works, 1820. £600 to £800.
    <b>Forum Auctions, May 20:</b> Early Images of Angling.- Hollar (Wenceslaus) Angling; River Fishing; and Salmon Fishing, after Francis Barlow, 3 engravings, [c. 1671]. £500 to £700.
    <b>Forum Auctions, May 20:</b> Rolfe (Henry Leonidas). <i>Studies of Fresh Water Fish,</i> 1851. £500 to £700.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Morland (George), After. A Party Angling; The Anglers' Repast, a pair, mezzotints, 1789. £400 to £600.
    <b>Forum Auctions, May 20:</b> Pollard (James), After. Bottom Fishing; Anglers Packing Up, etchings with aquatint, 1831. £400 to £600.
    <b>Forum Auctions, May 20:</b> Angling's Age of Romance.- Sayer (Robert, publisher) & J. Bennett. The Angelic Angler, mezzotint, 1781; and another. £300 to £400.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Fishing Satire.- London.- Roberts (Piercy). Patience at Paddington or angling in the Junction Canal, etching after Woodward, 1807; together with Woodward's 'Angling at Sadler's Wells', and another, 1794. £300 to £400.
    <b>Forum Auctions, May 20:</b> Fishing Satire - Cats Fishing.- Seymour (Robert). Waltonizing or - Green-land Fisherman, [c. 1830s]; together with 3 lithographs of cats fishing, [c. 1830s]. £300 to £400.
    <b>Forum Auctions, May 20:</b> Fishing Portraits.- Zoffany (Johan), After. Master James Sayer, at the age of 13, mezzotint by Richard Houston, 1772. £300 to £400.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Wilkinson (Norman). Come to Britain for Fishing, lithographic poster, [c. 1947]. £300 to £400.
    <b>Forum Auctions, May 20:</b> Scottish Fishing.- Heath (William). Sporting in the Scottish Isles no. III. Salmon Fishing, 1835; and another. £150 to £200.
    <b>Forum Auctions, May 20:</b> Simpson (Joseph). The Border Angler, drypoint, [c. 1927]. £150 to £200.

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