Rare Book Monthly

Articles - February - 2005 Issue

Charles Heartman: Unintended Lessons

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Thomas Paine, now as then, highly collectible.


A Declaration and Remonstrance of the distressed and bleeding Frontier Inhabitants was overpriced at $150. In fact, for more than eighty years no one had the nerve to ask so much. In 1930 he raised his price to $350. Rosenbach saw it in 1913 and again in 1917 as a $45 book. Even as late as the Streeter sale it achieved only $130. Not until the Frank Siebert sale in 1999 did this pamphlet breakout-- achieving $4,025.

He was absolutely right about the Louis Evans essays and accompanying map issued in 1755. His price was $150. Copies sold at both the Frank Siebert and Laird Park sales in 1999 and 2000 sold for $112,500 and $126,750 respectively. Whoever bought his copy, so long as they kept it, did fine.

He also asked $150 for Grotius' "Pills for the Delegates...," printed in 1775 --a piece that defends General Gage and attacks Peyton Randolph. Since we see no copies since we'll trust it was a reasonable deal.

He offered Alexander Hamilton's "A full Vindication of the Measures of the Congress,..." printed in 1774. Other copies have come and gone for less but this one contained corrections in Hamilton's hand. He priced it at $350 and whoever has it is very lucky.

One of the most expensive items in the Heartman catalogue is a pamphlet by Catherine Macaulay titled "An address to the People of England, Scotland and Ireland." Printed in 1775 it is the second edition but has the manuscript notes of Theodore Roosevelt. Heartman priced it at $550. Howes later described this piece as an 'a' so the high premium was for the ex-President's notes. Mr. Roosevelt died in 1919. It seems high.

So what can we say about this catalogue? The first is that pricing rare material is an uncertain enterprise. Some dealers price according to their client's ability to pay while others price according to market records. Mr. Heartman seems to have been an optimist and in some cases simply too optimistic. But if he had clients willing to pay his prices he can hardly be faulted for charging them. Then there is the subject of discounts. I don't know what arrangements he offered. His prices have the feel of being discountable in their time.

Finally, he relied on a relatively short list of bibliographical sources to document his inventory. Sabin is most consistently quoted. Church, Stauffer, Evans, Stevens, Dexter, Hildeburn and Trumbull are also mentioned. Priced records are not. He understandably steered clear of records that were inconsistent with his pricing. So we can say that experience, research and judgment on the buyer's part was very important then just as it is very important now. Know what you are buying and why. It was good advice in 1915 and remains good advice today. Today of course there are extensive priced records. In the AED alone there are more than 800,000 of them of which this catalogue is 606.

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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 Oct 27:</b> Book of Hours with Illuminated Miniatures, France, mid-15th century. $15,000 to $25,000.
    <b>Swann Auction Galleries Oct 27:</b> Conradus de Alemania [Halberstadt the Elder], <i>Concordantiae Bibliorum,</i> Strassburg, 1474. $20,000 to $30,000.
    <b>Swann Auction Galleries Oct 27:</b> Christopher Marlowe, <i>The Jew of Malta,</i> London, 1633. Earliest extant edition of this antiauthoritarian Elizabethan play. $40,000 to $60,000.
    <b>Swann Auction Galleries Oct 27:</b><br>Sir Isaac Newton, <i>The Mathematical Principles of Natural Philosophy,</i> first edition in English, 2 volumes, London, 1729. $20,000 to $30,000.
    <b>Swann Auction Galleries Oct 27:</b> John Rae, <i>Narrative of an Expedition to the Shores of the Arctic Sea in 1846 and 1847,</i> first edition, London, 1850. $3,000 to $4,000.
    <b>Swann Auction Galleries Oct 27:</b> Philip Pittman, <i>The Present State of the European Settlements on the Mississippi…,</i> first edition, London, 1770. $10,000 to $12,000.
    <b>Swann Auction Galleries Oct 27:</b> Cyanotype of an anatomy class at Woman’s Medical College of Pennsylvania, Philadelphia, 1895. $300 to $400.
    <b>Swann Auction Galleries Oct 27:</b> Equine veterinary formulary, manuscript on paper, East Earl, Pennsylvania, circa 1860. $400 to $600.
  • <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

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