Shapero Rare Books Sells Half Interest in its Russian Books to Former Employee
- by Michael Stillman
Pierre-Yves Guillemet at Shapero Rare Books.
Scholium Group, the publicly traded company that owns Shapero Rare Books, recently announced the sale of approximately 50% of their Russian stock to PY Limited, a company controlled by former employee Pierre-Yves Guillemet. It is a somewhat unusual deal, but a sign that Shapero is looking to reduce its exposure to Russian customers by repositioning some assets to more traditional markets.
Rather than selling half of their Russian books to Pierre-Yves Guillemet, Scholium sold him a 50% interest in all of their Russian stock. The cost of the books, maps, prints and other works on paper is approximately £1 million (about $1.3 million U.S. dollars). The price to Mr. Guillemet is £250,000 in cash plus a non-interest bearing note in the amount of £315,000. The note is repayable from Mr. Guillemet's share on the sale of Russian stock, with any balance still due payable in full on February 28, 2020. In the meantime, each party earns half of the gross proceeds and profits on each sale from the Russian inventory. The two parties will work together to sell the jointly owned inventory.
The announcement from Scholium stated that during the year ending on March 31, 2017, the Russian stock contributed £15,000 to central costs. We are not clear but imagine contributing to central costs rather than cost of goods means that amount represented the profit on sales.
In explaining the reason for the sale, Scholium Chairman Jasper Allen said, "We are delighted to have entered into this agreement with PY Limited, which will enable us to redeploy part of our investment in the Russian stock into more buoyant parts of our business, whilst also retaining an interest in the profits which we are confident Pierre-Yves Guillemet will earn."
Pierre-Yves Guillemet worked at Shapero Rare Books until breaking off on his own in August. Naturally, he brought considerable expertise in the subject of Russian books and paper. Prior to his decade at Shapero he worked at Christie's in the book department with specialization in Russian and Eastern European material.
SD Scandinavian Art & Rare Book Auctions The Odfjell Collection Polar – History – Ornithology – Colour Plate Books Ending December 4th
Scandinavian Art & Rare Books Auctions, Dec. 4: ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.
Scandinavian Art & Rare Books Auctions, Dec. 4: AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!
Scandinavian Art & Rare Books Auctions, Dec. 4: ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.
Scandinavian Art & Rare Books Auctions, Dec. 4: ERNEST SHACKLETON: «The heart of the Antarctic» + SUPPLEMENT «The Antarctic Book», 1909.
Scandinavian Art & Rare Books Auctions, Dec. 4: SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.
SD Scandinavian Art & Rare Book Auctions The Odfjell Collection Polar – History – Ornithology – Colour Plate Books Ending December 4th
Scandinavian Art & Rare Books Auctions, Dec. 4: [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.
Scandinavian Art & Rare Books Auctions, Dec. 4: TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].
Scandinavian Art & Rare Books Auctions, Dec. 4: ELEAZAR ALBIN: «A natural History of Birds.» + «A Supplement», 1738-40. Wonderful coloured plates.
Scandinavian Art & Rare Books Auctions, Dec. 4: PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.
Scandinavian Art & Rare Books Auctions, Dec. 4: JAMES JOYCE: «Ulysses», 1922. FIRST EDITION IN ORIGINAL WRAPPERS.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 11: Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] Journal of the Proceedings of the Linnean Society, Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.
Sotheby’s, Dec. 11: J.K. Rowling. Harry Potter and the Philosopher's Stone, 1997, first edition, hardback issue, inscribed by the author pre-publication. £100,000 to £150,000.
Sotheby’s, Dec. 11: Wolfgang Amadeus Mozart. Autograph sketchleaf including a probable draft for the E flat Piano Quartet, K.493, 1786. £150,000 to £200,000.
Sotheby’s, Dec. 12: Hooke, Robert. Micrographia: or some Physiological Descriptions of Minute Bodies made by Magnifying Glasses. London: James Allestry for the Royal Society, 1667. $12,000 to $15,000.
Sotheby’s, Dec. 12: Chappuzeau, Samuel. The history of jewels, first edition in English. London: T.N. for Hobart Kemp, 1671. $12,000 to $18,000.
Sotheby’s, Dec. 12: Sowerby, James. Exotic Mineralogy, containing his most realistic mineral depictions, London: Benjamin Meredith, 1811, Arding and Merrett, 1817. $5,000 to $7,000.
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Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 156: Cornelis de Jode, Americae pars Borealis, double-page engraved map of North America, Antwerp, 1593.
Swann, Dec. 9: Lot 206: John and Alexander Walker, Map of the United States, London and Liverpool, 1827.
Swann, Dec. 9: Lot 223: Abraham Ortelius, Typus Orbis Terrarum, hand-colored double-page engraved world map, Antwerp, 1575.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 233: Aaron Arrowsmith, Chart of the World, oversize engraved map on 8 sheets, London, 1790 (circa 1800).
Swann, Dec. 9: Lot 239: Fielding Lucas, A General Atlas, 81 engraved maps and diagrams, Baltimore, 1823.
Swann, Dec. 9: Lot 240: Anthony Finley, A New American Atlas, 15 maps engraved by james hamilton young on 14 double-page sheets, Philadelphia, 1826.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 263: John Bachmann, Panorama of the Seat of War, portfolio of 4 double-page chromolithographed panoramic maps, New York, 1861.
Swann, Dec. 9: Lot 265: Sebastian Münster, Cosmographei, Basel: Sebastian Henricpetri, 1558.
Swann, Dec. 9: Lot 271: Abraham Ortelius, Epitome Theatri Orteliani, Antwerp: Johann Baptist Vrients, 1601.
Swann Maps & Atlases, Natural History & Color Plate Books December 9, 2025
Swann, Dec. 9: Lot 283: Joris van Spilbergen, Speculum Orientalis Occidentalisque Indiae, Leiden: Nicolaus van Geelkercken for Jodocus Hondius, 1619.
Swann, Dec. 9: Lot 285: Levinus Hulsius, Achtzehender Theil der Newen Welt, 14 engraved folding maps, Frankfurt: Johann Frederick Weiss, 1623.
Swann, Dec. 9: Lot 341: John James Audubon, Carolina Parrot, Plate 26, London, 1827.
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0a99416d-9c0f-4fa3-afdd-7532ca8a2b2c.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ROALD AMUNDSEN: «Sydpolen» [ The South Pole] 1912. First edition in jackets and publisher's slip case.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/a077b4a5-0477-4c47-9847-0158cf045843.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> AMUNDSEN & NANSEN: «Fram over Polhavet» [Farthest North] 1897. AMUNDSEN's COPY!")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/6363a735-e622-4d0a-852e-07cef58eccbe.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> ERNEST SHACKLETON [ed.]: «Aurora Australis» 1908. First edition. The NORWAY COPY.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/3ee16d5b-a2ec-4c03-aeb6-aa3fcfec3a5e.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> SHACKLETON, BERNACCHI, CHERRY-GARRARD [ed.]: «The South Polar Times» I-III, 1902-1911.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/d5f50485-7faa-423f-af0c-803b964dd2ba.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> [WILLEM BARENTSZ & HENRY HUDSON] - SAEGHMAN: «Verhael van de vier eerste schip-vaerden […]», 1663.")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/fb024365-7d7a-4510-9859-9d26b5c266cf.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> TERRA NOVA EXPEDITION | LIEUTENANT HENRY ROBERTSON BOWERS: «At the South Pole.», Gelatin Silver Print. [10¾ x 15in. (27.2 x 38.1cm.) ].")
![<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/a7c0eda0-9d8b-43ac-a504-58923308d5a4.jpg "<b>Scandinavian Art & Rare Books Auctions, Dec. 4:</b> PAUL GAIMARD: «Voyage de la Commision scientific du Nord, en Scandinavie, […]», c. 1842-46. ONLY HAND COLOURED COPY KNOWN WITH TWO ORIGINAL PAINTINGS BY BIARD.")
![<b>Sotheby’s, Dec. 11:</b> Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] <i>Journal of the Proceedings of the Linnean Society,</i> Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/00d5fd41-2542-4a80-b119-4886d4b9925f.png "<b>Sotheby’s, Dec. 11:</b> Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] <i>Journal of the Proceedings of the Linnean Society,</i> Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.")
