Rare Book Monthly

Articles - March - 2017 Issue

The Greatest Private Library of Judaica has been Sold to the National Library of Israel

462a9c93-ab98-438b-b34a-53b90b0c12c5

Jack Lunzer with the Valmadonna Trust Library (from Sotheby's video).

What was believed to be the largest private collection of books of Judaica recently found a home after almost a decade of uncertainty. The problem was that the collection was too large and valuable for any one buyer, and yet its owner, Jack Lunzer, wanted the library kept together. Finally, in late 2015, a couple of the most expensive pieces were sold off separately, but the remaining 10,000-plus items remained together. Now, they have been sold, and the buyer is the most logical one – the National Library of Israel.

 

The story of this library of Judaica is almost as fascinating as the material itself. The man who put it together, Jack V. Lunzer, was not the most likely candidate for such a spectacular collection. Naturally, he was well off, though there were others of far greater means than he. Lunzer was a diamond merchant, but not of the enormously valuable ones you use in jewelry. He sold industrial diamonds.

 

Lunzer was born in Belgium, where his father worked as a dealer for De Beers. That is where he started, but moved on to start his own business selling industrial diamonds. In 1948, he married an Italian woman whose father had a small collection of Hebrew books. He was hooked. Lunzer decided to build on that collection. His daughter recalled his scouring far off rural communities and such to find treasures to add to his collection. He called it the Valmadonna Library, named after a small town in Italy. It was his passion, and after his wife died in 1978, that passion was ratcheted up a few notches as it became the center of his life.

 

A few years after the turn of the century, Jack Lunzer reached his 80's. At that point, he realized he needed to make plans for his library after he died. He had five daughters, but none was a candidate for maintaining something so large. The collection was placed in a trust, the Valmadonna Trust, and he began looking for a buyer.

 

In 2009, he brought the collection to Sotheby's, hoping to sell it en bloc. He had a bid at $25 million, his minimum price, but the buyer backed out, unwilling to meet Lunzer's stipulations about making it available to scholars. He continued to search for buyers, but no one emerged at the asking price. There were reports that the Library of Congress offered $20 million, but if so, that would still have been $5 million short of his minimum price for a collection he believed to be worth more like $40 million.

 

Finally, in 2015, Lunzer's memory now fading, the trustees decided to put a couple dozen of the more desirable items up for sale. That sale was held at Sotheby's in December 2015, and it certainly helped confirm Lunzer's valuation of the library. The top two most expensive auction prices in the books and paper field for all of 2015 were achieved at that sale. Far and away the highest price of the year went for a complete Babylonian Talmud, nine volumes printed in Venice by Daniel Bomberg in 1519-1539. It sold for $9,322,000. Runner up for the year was Lunzer's copy of a Hebrew Bible published in England in 1189. It was the only surviving English Jewish manuscript from prior to the expulsion of the Jews in 1290. It sold for $3,610,000.

 

Sotheby's described that sale as "Part I," the implication being obvious. However, no further sales were held through all of 2016. Then, in December of that year, Lunzer, age 92, died. That likely spurred on movement toward a final dispersion of the bulk of the items in the library. With Sotheby's still facilitating the transaction, a sale was finally made to the National Library of Israel, the most logical place for it to go all along. The library is constructing a new facility which is expected to be open to the public in 2020. It's hard to imagine a better place for Lunzer's collection to be.

 

Terms of the sale were not disclosed.

Rare Book Monthly

  • <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> MACHIAVELLI, Niccolò. <i>Nicholas Machiavel's Prince. Also, The life of Castruccio Castracani of Lucca…</i> Translated by Edward Dacres. London, 1640. $25,000 to $35,000.
    <b>Hindman Auctions, Nov. 12-13:</b> FILSON, John. <i>The Discovery, Settlement and present State of Kentucke: and An Essay towards the Topography, and Natural History of that important Country…</i> Wilmington, Del.: James Adams, 1784. $20,000 to $30,000.
    <b>Hindman Auctions, Nov. 12-13:</b> ELUARD, Paul. <i>Un poeme dans chaque livre.</i> Paris: Louis Broder, 1956. $20,000 to $30,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> LEWIS, James Otto. [<i>Aboriginal Port Folio.</i> Philadelphia: Published by the Author, 1835-1836]. $15,000 to $25,000.
    <b>Hindman Auctions, Nov. 12-13:</b> [ILLUMINATED MANUSCRIPTS]. BOOK OF HOURS, use of Rome, in Latin. [Southern Netherlands (Ghent or Bruges), c.1460]. $8,000 to $12,000.
    <b>Hindman Auctions, Nov. 12-13:</b> MORE, Thomas, Sir. <i>The Workes ... wrytten by him in the Englysh tongue.</i> Edited by William Rastell. London, 1557. $8,000 to $12,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> [KELMSCOTT PRESS]. MORRIS, William. <i>Love is Enough.</i> Hammersmith: The Kelmscott Press, 1897. $5,000 to $6,000.
    <b>Hindman Auctions, Nov. 12-13:</b> LINCOLN, Abraham. Autograph endorsement signed as President (“A. Lincoln”), 24 February 1863. $4,000 to $6,000.
    <b>Hindman Auctions, Nov. 12-13:</b> WASHINGTON, George. Address panel with autograph free frank signed ("G:o Washington"), as Commander in Chief of the Continental Army, 5 August 1777. $3,000 to $5,000.
    <center><b>Hindman Auctions<br>Fine Books and Manuscripts<br>November 12-13, 2020</b>
    <b>Hindman Auctions, Nov. 12-13:</b> GOREY, Edward. <i>The Beastly Baby.</i> N.p.: The Fantod Press, 1962. $1,000 to $1,500.
    <b>Hindman Auctions, Nov. 12-13:</b> FROST, Robert. Photographic reproduction signed and inscribed ("Robert Frost”), to R.V. Thornton, 1955. $1,000 to $1,500.
    <b>Hindman Auctions, Nov. 12-13:</b> GOREY, Edward. <i>The Bug Book.</i> New York: Looking Glass Library, 1959. $500 to $700.
  • <b>Swann Auction Galleries Nov 17:</b> Jane Austen, <i>Pride & Prejudice,</i> 3 volumes, first edition, London, 1813. $20,000 to $30,000.
    <b>Swann Auction Galleries Nov 17:</b> John Hancock, Uncommon Privateer Commission, signed as President of Continental Congress, 1777. $6,000 to $9,000.
    <b>Swann Auction Galleries Nov 17:</b> Frank Lloyd Wright, photograph signed & inscribed. $2,000 to $3,000.
    <b>Swann Auction Galleries Nov 17:</b> Abraham Lincoln, document signed conscripting troops for first national draft in U.S., 1863. $15,000 to $25,000.
    <b>Swann Auction Galleries Nov 17:</b> Jane Austen, <i>Sense & Sensibility,</i> 3 volumes, first edition, London, 1811. $30,000 to $40,000.
    <b>Swann Auction Galleries Nov 17:</b> Charles Dickens, <i>American Notes for General Circulation,</i> first edition, inscribed to Richard Henry Dana, Jr., London, 1842. $30,000 to $40,000.
    <b>Swann Auction Galleries Nov 17:</b> John Maynard Keynes, <i>The General Theory of Employment, Interest & Money,</i> first edition, London, 1936. $5,000 to $7,500.
    <b>Swann Auction Galleries Nov 17:</b> Alexandre Raymond, <i>L’Art Islamique en Orient,</i> 2 volumes, first editions, Péra-Constantinople, 1922-24. $3,000 to $4,000.
    <b>Swann Auction Galleries Nov 17:</b> Igor Stravinsky, autograph musical quotation signed, 3 bars from <i>Perséphone,</i> 1936. $1,500 to $2,500.
  • <b>Christie’s, Nov 3 :</b> REGAMEY, Felix (1844-1906). Unique drawing showing Verlaine and Rimbaud in London, September 1872. €70,000 to 100,000
    <b>Christie’s, Nov 3 :</b> LABORDE, Alexandre de (1773-1842). <i>Voyage pittoresque et historique de l’Espagne.</i> Paris : 1806-1820. €20,000 to 30,000
    <b>Christie’s, Nov 3 :</b> BOCCACE, Jean (1313-1375). <i>Il Decamerone…</i> Venise : Gabriele Giolito di Ferrari, 1542.<br>€ 12,000 to 15,000
    <b>Christie’s, Nov 3 :</b> LAMBERT, Yvon (1936). Full collection of writings from <i>Une rêverie émanée de mes loisirs.</i> Paris : 1992 - 2018. €50,000 to 70,000
    <b>Christie’s, Nov 3 :</b> JOUVE, Paul (1878-1973) -- KIPLING, Rudyard (1865-1936). <i>La Chasse de Kaa.</i> Paris : Javal & Bourdeaux, 1930. €2,000 to 3,000

Article Search

Archived Articles

Ask Questions