• <center><b>Gonnelli Auction House<br>Books and Graphics<br>26th-29th of October 2021</b>
    <b>Gonnelli Auction 31, Oct. 28th- 29th:</b><br>Books from XV to XX Century
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Manuscripts and autographs
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Artist books
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Cars & more
    <b>Gonnelli Auction 31, Oct. 28th:</b><br>Magazines
    <b>Gonnelli Auction 31, Oct. 28th- 29th:</b><br>Books from XV to XX Century
  • <center><b>Sotheby’s<br>The Ricky Jay Collection<br>October 27 & 28, 2021</b>
    <b>Sotheby’s, Oct. 27-28:</b> "Remarkable Persons". A remarkable collection of remarkable characters. $100,000 to $150,000.
    <b>Sotheby’s, Oct. 27-28:</b> Scot, Reginald. A serious debunking witchcraft and demonology. $50,000 to $70,000.
    <b>Sotheby’s, Oct. 27-28:</b> (Buchinger, Matthias). Buchinger's own family tree. $20,000 to $30,000.
    <b>Sotheby’s, Oct. 27-28:</b> Bibrowski, Stephan. Most likely reading A Midsummer Night's Dream. $2,500 to $3,500.
    <b>Sotheby’s, Oct. 27-28:</b> Kellar, Harry (Heinrich Keller). Kellar loses his head. $4,000 to $6,000.
  • <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> HOOKE, Robert (1635-1702). <i>Micrographia: Or Some Psychological Descriptions of Minute Bodies Made by Magnifying Glasses.</i> London: for James Allestry, 1667. $12,000 to $18,000.
    <b>Hindman, Nov. 9-10:</b> [THE FEDERALIST PAPERS]. -- [HAMILTON, Alexander, James MADISON and John JAY. <i>The Federalist: A Collection of Essays, Written in Favour of the New Constitution…</i> $40,000 to $60,000.
    <b>Hindman, Nov. 9-10:</b> FUCHS, Leonhart (1501-1566). <i>Histoire des Plantes de M. Leonhart Fuschsius, avec les noms Grecs, Latins & Fraçoys.</i> Paris: Arnold Byrkman, 1549. $2,000 to $3,000.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> AUDEBERT, Jean Baptiste (1759-1800). <i>Histoire naturelle des singes et des makis.</i> Paris: Desray, An XIII [1799-1800]. $10,000 to $15,000.
    <b>Hindman, Nov. 9-10:</b> [UNITED STATES CONTINENTAL CONGRESS]. <i>Journals of the Congress...</i>Volume I (Sept. 5, 1774-Jan. 1, 1776) through Volume XIII (November 1787-November 1788). $25,000 to $35,000.
    <b>Hindman, Nov. 9-10:</b> [UNITED STATES CONTINENTAL CONGRESS]. <i>The Journals of the Proceedings of Congress. Held at Philadelphia, from January to May, 1776.</i> $15,000 to $25,000.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> [TEXAS]. <i>Map of Bexar County, Texas.</i> San Antonio and Austin: Samuel Maverick & John H. Traynham, 1889. $1,500 to $2,500.
    <b>Hindman, Nov. 9-10:</b> GARDNER, Alexander (1821-1882). Imperial albumen Photograph. <i>Scenes in the Indian Country</i> [Fort Laramie]. $5,000 to $7,000.
    <b>Hindman, Nov. 9-10:</b> WILLIAMS, H. Noel. <i>Madame Recamier and her Friends.</i> London and New York: Harper & Brothers, 1906. $1,000 to $1,500.
    <b><center>Hindman:<br>Fine Printed Books & Manuscripts,<br>Including Americana<br>November 9-10, 2021
    <b>Hindman, Nov. 9-10:</b> [MOSER, Barry, illustrator]. <i>The Holy Bible. Containing All the Books of the Old and New Testaments.</i> North Hatfield, MA and New York City: Pennyroyal Caxton Press, 1999. $8,000 to $12,000.
    <b>Hindman, Nov. 9-10:</b> [PRINTS]. MOSER, Barry. Alice in Her Sister’s Reverie. [1982]. 433 x 552 mm. Signed and captioned by Moser in pencil, designated artist’s proof (“ap”). $1,000 to $1,500.
    16 <b>Hindman, Nov. 9-10:</b> [MOSER, Barry, illustrator]. A group of 4 wood-engraved plates for the Pennyroyal Press edition <i>The Wonderful Wizard of Oz.</i> [West Hatfield, MA: Pennyroyal Press, 1985]. $600 to $800.
  • <b>Swann Auction Galleries Oct 28:</b> Pancho Villa, passport for a news correspondent covering the Mexican revolution, signed, 1914. $1,000 to $2,000.
    <b>Swann Auction Galleries Oct 28:</b> Nirvana’s <i>Nevermind,</i> CD insert signed & inscribed days after release by Cobain, inscribed by Novoselic, 1991. $40,000 to $60,000.
    <b>Swann Auction Galleries Oct 28:</b> Robert Indiana, <i>The Book of Love,</i> complete portfolio, artist’s proof set, 1997. $100,000 to $125,000.
    <b>Swann Auction Galleries Oct 28:</b> Marcel Vertés, Colette, <i>Chéri,</i> two volumes, deluxe edition, signed by the artist, Paris, 1929. $5,000 to $7,500.
    <b>Swann Auction Galleries Oct 28:</b> Virginia Woolf, <i>Orlando,</i> first trade edition, first impression, London, 1928. $1,200 to $1,800.
    <b>Swann Auction Galleries Oct 28:</b> Mark Twain, receipt for payment of the Mark Twain Public Library Tax, 1908. $10,000 to $15,000.
    <b>Swann Auction Galleries Oct 28:</b> Gustav Klimt, <i>Das Werk von Gustav Klimt,</i> portfolio, collotype plates, 1918. $15,000 to $20,000.

Rare Book Monthly

Articles - December - 2017 Issue

The Aristophil Scandal: the epilogue

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The first “Aristophil sale” will take place this month in Paris, France, as an epilogue to the “biggest scandal in the history of autographs”.

  

The Aristophil case started in 1990, when Gérard Lhéritier, a former insurance salesman, decided to speculate on precious documents—he thus started to collect funds from investors in order to buy precious autographs and manuscripts, promising an unexpected 8% efficiency. He bought gorgeous materials, opened a small museum, Musée des Arts et des Lettres, and soon attracted attention. As a matter of fact, now for sale on court order, it leaves us speechless: “I’ve never seen such a rich collection,” Ariane Adeline, expert for the first sale to be held by Aguttes* on December 20, tells Le Parisien. “It goes from antiquity down to the 20th century.” Among these jewels is the manuscript roll of Sade’s 120 Journées de Sodome—bought for 7 million in 2014—, some authentic manuscripts of Victor Hugo, Balzac, Proust, André Breton (including Le Manifeste du surréalisme—800,000 to 1,000,000 euros), and President Kennedy. Listed in the collection is also the wedding contract of Napoléon 1st and a wonderful medieval manuscript of Quinte Curce’s Life of Alexander, richly illustrated (300 to 500,000 euros), as well as the journal of Candee Helen Churchill, who survived the wreck of the Titanic—her story inspired James Cameron for his movie (estimation: 400,000 euros). When the police seized the whole collection in 2015, it amounted to 130,000 documents. This part of the story was not a forgery: this is a very impressive collection—yet highly and deliberately overestimated.

 

Lhéritier’s business seemed suspicious from the start—especially to booksellers, who knew the market too well to conceive his making so much money. Yet, many worked with him. Could they be unaware of what was going on to the prejudice of some 18,000 investors? Though he fell through the cracks for a few years, Lhéritier is currently facing charges of “gang fraud” and “unfair commercial practice.” With his business partners, he was in fact probably** running a Ponzi scheme, paying the old subscribers’ dividends with the money of the recent ones. He also allegedly overestimated the documents he had bought with the money of his investors, so that he could “resell” them with a 150% profit to... his investors!

 

The auctioneer Claude Aguttes considers that the first “Aristophil sale”, to be held on December 20, at Drouot’s, should not cover “more than 10 or 15% of the price paid by the investors of Aristophil” (Le Monde). On the whole, the latter spent some 850 millions euros over this collection. Most of them were small savers, who didn’t know anything about manuscripts—and didn’t give a damn. One of them explains to Le Monde: “We were just in for the money. There was no way we would go to Paris to look at some old pieces of paper.” Others were apparently more aware of their contribution to the national heritage: “A broker (...) would visit my parents, driving his flashy Jaguar,” one Xavier, whose parents invested 1.8 million euros in Aristophil, tells Le Figaro, “and then would take them to the Musée des Arts et des Lettres. They felt like they belonged to an elite, who knew how to invest their money. To be the co-owners of Le Petit Prince also meant a lot to them. My mother kept a photograph of the manuscript.”

 

This story made a lot of noise because Aristophil was an international firm, with many ramifications; plus, Lhéritier is a “political” figure. For example, he gave millions of euros to the city of Nice, where he resides, and influential politicians like Rachida Dati or Christian Estrosi are his friends. In 1996, he was already suspected of being a crook—but the judge in charge was “dismissed” from the case, and Lhéritier cleared of all charges in 2005. In this particular case, the city of Monaco itself was even accused of complicity. Gérard Lhéritier is what we call a “big fish”.

 

To make the story even more novelistic, Charlie Hebdo revealed that Lhéritier and his relatives won 169 million euros at the Euromillions lottery in November 2012, reinvesting 35 in Aristophil. But that was not enough. The financial authorities eventually found out about the alleged scam and put an end to it. This was yet a nice story. Making big money with precious documents? A dream for some—almost a revenge for others. But the miracle was a fraud. “All right, but still—the museum attracted a lot of people from all over the world,” an enthusiastic bookseller tells us. “We must acknowledge it! It proves that, should the proper money be invested, it could work!” That’s how miracles work: people just want to believe in them.

 

This will not be a short epilogue. “The Aristophil Collections will be dispatched over the next six years,” the first catalogue reads. “We expect to hold 300 sales.” Furthermore, the estimated 12 to 16 million euros that the global sale is expected to generate might create other legal problems as some documents are co-owned by 2,000 various investors! To make things worst, the Ministry of Culture has just stated that the whole collection should not be dispatched but donated to the state—freely. Scammers everywhere!

 

Thibault Ehrengardt

 

** According to the French legal system, Gérard Lhériter is considered innocent until proven guilty.

 

*

Rare Book Monthly

  • <center><b>The 19th Century Rare Book & Photograph Shop<br></b>Catalogue 190:<br>Magnificent Books & Photographs<br><b>Free on request</b>
    <b>19th Century Rare Book & Photograph Shop:</b> William Shakespeare. <i>The Second Folio</i> (1632).
    <b>19th Century Rare Book & Photograph Shop:</b> Abraham Lincoln. Autograph note on Black troops in the Union Army (1865).
    <b>19th Century Rare Book & Photograph Shop:</b> Neil Armstrong. The largest known U.S. flag flown to the Moon on Apollo 11 (1969).
    <b>19th Century Rare Book & Photograph Shop:</b> William Henry Fox Talbot. <i>The Pencil of Nature</i> (1844-1846) the first photo illustrated book.
    <b>19th Century Rare Book & Photograph Shop:</b> Albert Einstein. Letter on relativity and the speed of light (1951).
  • <center><b>Forum Auctions<br>A third selection of 16th and 17th<br>Century English Books from<br>the Fox Pointe Manor Library<br>Thursday 21st October 2021</b>
    <b>Forum Auctions, Oct. 21:</b> Hawking & Hunting.- Turberville (George). <i>The Booke of Falconrie or Hawking,</i> second edition, Printed by Thomas Purfoot, 1611. £6,000 to £8,000.
    <b>Forum Auctions, Oct. 21:</b> George Steevens' copy.- Coryate (Thomas). <i>Coryats Crudities Hastily gobbled up in five Moneths travells in France, Savoy, Italy, Rhetia...,</i> first edition, complete copy, Printed by W. S[tansby], 1611. £4,000 to £6,00
    <b>Forum Auctions, Oct. 21:</b> Butler (Charles). <i>The Feminine Monarchie: or The Historie of Bees,</i> second edition, Printed by John Haviland for Roger Jackson, 1623. £2,000 to £3,000.
    <center><b>Forum Auctions<br>A third selection of 16th and 17th<br>Century English Books from<br>the Fox Pointe Manor Library<br>Thursday 21st October 2021</b>
    <b>Forum Auctions, Oct. 21:</b> Brathwait (Richard). <i>The English Gentlewoman, drawne out to the full Body: expressing, What Habilliments doe best attire her…,</i> Printed by B. Alsop and T. Fawcet, for Michaell Sparke, 1631. £1,000 to £1,500.
    <b>Forum Auctions, Oct. 21:</b> Glapthorne (Henry). <i>The Ladies Priviledge,</i> first edition, Imprinted...by J. Okes, for Francis Constable, 1640. £1,000 to £1,500.
    <b>Forum Auctions, Oct. 21:</b> Witchcraft.- F. (H.) <i>A true and exact Relation Of the severall Informations, Examinations, and Confessions of the late Witches, arraigned and executed in the County of Essex,</i> first edition, 1645. £2,000 to £3,000.
    <center><b>Forum Auctions<br>A third selection of 16th and 17th<br>Century English Books from<br>the Fox Pointe Manor Library<br>Thursday 21st October 2021</b>
    <b>Forum Auctions, Oct. 21:</b> Hobbes (Thomas). <i>De Corpore Politico. Or the Elements of Law, Moral & Politick,</i> first edition, 1650. £2,000 to £3,000.
    <b>Forum Auctions, Oct. 21:</b> Early steam engine.- Worcester (Edward Somerset, 2nd Marquis). <i>A Century of the Names and Scantlings of such Inventions…,</i> first edition, 1663. £2,000 to £3,000.
    <b>Forum Auctions, Oct. 21:</b> Cookery.- M[ontagu] (W[alter]). <i>The Queens Closet Opened. Incomparable secrets in physick, chirurgery, preserving and candying, &c,</i> 3 parts in 1 vol., 1674. £1,500 to £2,000.
    <center><b>Forum Auctions<br>A third selection of 16th and 17th<br>Century English Books from<br>the Fox Pointe Manor Library<br>Thursday 21st October 2021</b>
    <b>Forum Auctions, Oct. 21:</b> Speed (John). <i>An Epitome of Mr. John Speed's Theatre of the Empire of Great Britain,</i> 2 parts in 1, 90 engraved maps, Printed for Tho. Basset, and Ric. Chiswel, 1676. £3,000 to £4,000.
    <b>Forum Auctions, Oct. 21:</b> Le Boe (Franciscus). <i>Of Childrens Diseases... also a Treatise of the Rickets,</i> first edition, Printed for George Downs, 1682. £2,000 to £3,000.
    <b>Forum Auctions, Oct. 21:</b> Economics.- Locke (John). <i>Several Papers Relating to Money, Interest and Trade,</i> first collected edition, Printed for A. and J. Churchill, 1696. £2,000 to £3,000.

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