• <b><center>Fonsie Mealy’s<br>The Library of Howth Castle<br>September 22nd & 23rd, 2021</b>
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Rosellini (Ippolito). <i>I Monumenti dell Egitto e Della Nubia,</i> Plate Volumes 1, 11 & 111, 3 vols. Elephant folio. €50,000 to €80,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Curtis (William), 1746 - 179, & other Editors. <i>The Botanical Magazine: or, The Flower Garden Displayed.</i> London 1793 - 1982-83. Together 184 vols. [with] other botanical material. €30,000 to €40,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Berkeley (George). <i>A Treatise Concerning the principles of Human Knowledge, wherein the chief Causes of Error and Difficulty in the Sciences…</i> Part I, Dublin, 1710 Rare First Edn. €15,000 to €20,000.
    <b><center>Fonsie Mealy’s<br>The Library of Howth Castle<br>September 22nd & 23rd, 2021</b>
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Ruskin (John). A large finely executed Pencil Drawing, captioned <i>Oxford Cathedral, The Choir,</i> & Signed 'J. Ruskin Ch. Ch. 1838. €15,000 to €20,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Sir Edward L. Lutyens. Howth Castle Plans: A Series of 10 Original Architects Drawings and Sketches, Alterations and Additions for J.C. Gaisford St. Lawrence, County Dublin, Ireland. €8,000 to €12,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Newman (Rev. Fr. John Henry, later Cardinal, now Saint) A very good collection of 24 A.L.S. to [Thomas] Gaisford of the Gaisford St. Lawrence family of Howth Castle. €10,000 to €15,000.
    <b><center>Fonsie Mealy’s<br>The Library of Howth Castle<br>September 22nd & 23rd, 2021</b>
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Manuscript Atlas: Hodges, Smith & Co. <i>The Estate of the Rt. Hon. the Earl of Howth Situate in the County of Dublin,</i> lg. atlas folio Dublin (Hodges, Smith & Co.) 1863. €4,000 to €6,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Anon. <i>Herbolario Volgare: nel quale se dimostra conoscer le herbe et le sue vrtu…</i> Sm. 8vo Venice (Gio Maria Palamides) 1539. €3,000 to €4,000.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Baron (Caesar). <i>Annales Ecclesiastici</i>. [With] <i>Annalium Ecclesiasticorum Caesaris Baronii... Apparatus.</i> [With] <i>Index Universalis Rerum Omnium</i> [and one other]. 38 vols total. €1,500 to €2,000.
    <b><center>Fonsie Mealy’s<br>The Library of Howth Castle<br>September 22nd & 23rd, 2021</b>
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Log Books of Three British Warships. Three folio Volumes, containing meticulously arranged logs of the voyages of Royal Navy Ships from 1876 – 1881. €1,200 to €1,800.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Walpole (Robert). <i>Memoirs Relating to European and Asiatic Turkey,</i> lg. 4to Lond. 1817. €1,000 to €1,500.
    <b>Fonsie Mealy’s, Sep. 22-23:</b> Bosio (Antonio). <i>Roma Sotteranea,</i> Opera Postuma. Large thick folio Rome (Guglielmo Facciotti) 1632. €1,000 to €1,500.
  • <b>Il Ponte, Sep. 21:</b> ZEILER, Martin - <i>Topographiae Italiae.</i> Francoforte: Mattheus Merian, 1688. €3,500 to €4,500.
    <b>Il Ponte, Sep. 21:</b> HAMILTON, William, Sir -- HANCARVILLE, Pierre-Francois HUGUES - Collection of Etruscan, Greek and Roman Antiquities from the Cabinet of the Hon. William Hamilton. Napoli: Francois Morelli, 1766-67. €38,000 to €48,000.
    <b>Il Ponte, Sep. 21:</b> [ASTRONOMIA] - Manoscritto astronomico. Italia: 1650. €1,000 to €1,500.
    <b>Il Ponte, Sep. 21:</b> DALI, Salvador - <i>Biblia Sacra vulgatae editionis.</i> Edizione “Ad Personam” Milano: Rizzoli, 1967. €40,000 to €60,000.

Rare Book Monthly

Articles - February - 2015 Issue

Book Prices Rose Another 5 % in 2014

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Auction prices rose 5% in 2014.

Prices of collectible books and related ephemera continue to rise in tandem with the American economy, an analysis of sales at auction from 2014 reveals. Books sold at traditional auction houses (excluding high-volume, low-priced online auctions) saw their prices rise by 5% last year, based on the median price achieved. This follows an increase of 7% the previous year.

 

The median for 2014 was $423, versus $402 for 2013. As such, that was the second highest overall value achieved, equaling that of 2006. Only 2007, the year before the economic collapse, saw a higher median price reached. After bottoming in 2010, prices have been recovering ever since.

 

Volume sold at auction is also rising. Over 400,000 items were tracked by the Rare Book Hub last year, with more than 300,000 sold. That represents a little over 50,000 more items offered than in 2013, a little fewer than 50,000 more items sold. This was an increase of 15% in items offered, 18% in items sold.

 

The sell-though rate was also up, 2% to 74% in 2014, vs. 72% in 2013. This was also the highest number since 2007, and the first time since then that sell-through reached its traditional level of around 75%. At the bottom of this cycle, in 2009, sell-through was only 67%. As with the economy, collector confidence continues to rebound, though not with the “irrational exuberance” of 2007 when prices rose 15% in one year.

 

By far the largest volume of sales came from the online sales at Heritage Auctions of Dallas, which features many ephemeral items. They sold over 91,000 items. RR Auctions of Amherst, New Hampshire, also selling online, was second at 11,250. They were followed by more traditional book auctioneers, Bloomsbury of London with 10,989 items sold, Kiefer Buch of Pforzheim, Germany, with 10,223, and Swann Galleries of New York with 9,175. Bonham's would have crossed the 10,000 threshold if all locations (7) were combined.

 

The highest median price was achieved at Sotheby's in New York at $15,000, followed by Christie's London – King Street at $9,420. These two houses regularly dominate the high end and 2014 was no exception. The top seven positions were held by various locations of Christie's and Sotheby's. The next two were less traditional, on premises auctions held by the Arader Galleries or Guernsey's on their behalf, and bookseller Peter Arnold of Australia. The highest average prices came at Sotheby's New York at $50,038 and Christie's New York at $32,321.

 

For collectors just starting out, or not quite such high rollers, there were nine houses where the median was under $100. Most notable, in terms of volume, were the Heritage online auctions where over 91,000 items sold with a median price of $94. National Book, Keys, Knotty Pine, and Antiquarian Auctions of Cape Town also had a sizable number of lots under $100, but the prize goes to the auctions held by the Lancaster Mennonite Historical Society where 2,448 lots sold at a median price of $10 and an average price of $21.

 

Another sign of potential bargains is a very high sell-through rate, an indication that most items are being sold without reserve. National Book Auctions again led the way, along with Alaska Auction at 99%. Aspire, Addison & Sarova, Carlsen Gallery, Dirk Soulis, Robert Siegel Galleries, and Stair Auctioneers all had at least a 95% sales rate, with Heritage Dallas' 91,000 just missing the cut at 94%. Often, these bargains come from auctions in out-of-the-way places, an opportunity for those who search thoroughly and bid online.

 

Once again, November was the busiest month of the year. A total of 13.2% of the lots were offered during that month alone. However, May has, in effect, become the November of the spring, with 12.7% of the lots offered in that month. The fourth quarter of the year was also again the busiest, with 32.9% of the lots offered, while the second quarter saw 30.3% of the lots offered. However, as more auction houses attempt to reach people at a time when there is less clutter in the market, the off-season continues to grow. The greatest growth occurred in the slowest month – August – where offerings rose by 69%. Last year, August reached the 10,000 mark for the first time. This year, 18,576 lots were offered in the deepest part of the off-season.

 

When we compiled this report last year, we concluded with a note of caution. Four of the five lowest medians came in the last five months of the year. Did this represent a decline in pricing likely to carry over into 2014? Now we have the answer – no. The highest median prices this time were achieved in the fourth quarter of 2014, with the two highest months being November and December. The year 2014 went out with a bang.

Rare Book Monthly

  • <b>Swann Auction Galleries:</b> C.F. Payne, <i>Micawber—Imitating Norman Rockwell's "Triple self-portrait,"</i> acrylic, watercolor & colored pencil, 2002. Sold June 2021 for $3,000.
    <b>Swann Auction Galleries:</b> Jane Russell, archive of letters written during a whaling voyage, 1840s. Sold July 2021 for $30,000.
    <b>Swann Auction Galleries:</b> Guild of Women Binders, exhibition binding of A.F. Pollard’s <i>Henry VIII,</i> London, 1902. Sold July 2021 for $12,350.
    <b>Swann Auction Galleries:</b> Robert Frost, <i>Collected Poems,</i> author’s presentation copy, signed, with entirety of <i>Stopping by Woods on a Snowy Evening</i> inscribed, NY, 1930. Sold June 2021 for $20,000.
    <b>Swann Auction Galleries:</b> James Joyce, <i>Ulysses,</i> deluxe limited issue, signed, London, 1936. Sold June 2021 for $21,250.
    <b>Swann Auction Galleries:</b> Mercator [family], <i>[World and Continents],</i> 5 double-page maps, Amsterdam, c. 1633. Sold June 2021 for $15,000.
    <b>Swann Auction Galleries:</b> George Schlegel, <i>New York, Taken from Central Park,</i> hand-finished color-tinted lithograph, 1874. Sold June 2021 for $11,250.
    <b>Swann Auction Galleries:</b> Nicolaus Copernicus, <i>De Revolutionibus Orbium Coelestium,</i> second edition, Basel, 1566. Sold April 2021 for $75,000.
    <b>Swann Auction Galleries:</b> Book of Hours, Use of Utrecht, illuminated manuscript, c. 1435-45. Sold April 2021 for $60,000.
  • <b><center>Doyle<br>Rare Books, Autographs & Maps<br>September 23, 2021</b>
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 20. ADAMS, JOHN QUINCY. Letter to the editors of the Boston Atlas on slavery and its political ramifications, 1842. $20,000 to $30,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 208. HEMINGWAY, ERNEST. <i>A Farewell To Arms.</i> New York: Charles Scribner's Sons, 1929. First edition. $2,000 to $3,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 237. ADDAMS, CHARLES. Original drawing "Now Remember-act casual." $5,000 to $7,000.
    <b><center>Doyle<br>Rare Books, Autographs & Maps<br>September 23, 2021</b>
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 4. SMITH, ADAM. <i>An inquiry into the nature and causes of the wealth of nations.</i> Philadelphia, 1789. The first American edition. $4,000 to $6,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 131. BEETHOVEN, LUDWIG VON. <i>Cinquieme Sinfonie en ut mineur: C Moll de Louis Van Beethoven. Oeuvre 67.</i> First edition of the complete score. $3,000 to $5,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 73. Chinese Export Painting. Album of twenty-three original Chinese natural history studies of flowers and insects. Likely Canton: circa 1850. $2,000 to $3,000.
    <b><center>Doyle<br>Rare Books, Autographs & Maps<br>September 23, 2021</b>
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 241. GOREY, EDWARD. Original drawing "Cat Drawing Wallpaper." Signed in Pencil in lower right margin. $2,000 to $4,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 36. LINCOLN, ABRAHAM. Autograph note signed instructing Edwin Stanton to meet with the important African American abolitionist and officer Martin Delany. [Washington:] 21 February 1865. $8,000 to $12,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 112. JONSON, BEN. <i>Workes</i>. London: William Stansby, 1616; Together with <i>Workes.</i> London: Richard Meighen,1640-41. $7,000 to $10,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 161. STURGIS, LEE. <i>Salmon Fishing on Cain River, New Brunswick.</i> (Chicago:) Privately printed (for the author by Ralph Fletcher Seymour), 1919. First edition. $3,000 to $5,000.

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