Rare Book Monthly

Articles - August - 2018 Issue

Bear Facts

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Recently the original map of Winnie-the-Pooh’s Hundred Acre Wood by E. H. Shepard was sold for $570,137 [BP 430,000].  Created in 1924, It was sold 49 years ago by Sotheby’s in London for BP650 and again recently on the 99th, this time for BP430,000 for a compounded rate of return of 14.17% for each of its 49 years.  Nice work if you were the buyer... in 1968.  So, what is it that has changed the market’s perspective?    Is it just that old books and artwork almost always increase in value or is there something special going on here?  Let’s start with Sotheby’s description.

 

PROBABLY THE MOST FAMOUS MAP IN ENGLISH LANGUAGETHIS ILLUSTRATION HAS BEEN IN PRIVATE COLLECTION FOR ALMOST FIVE DECADES.  Once Milnme had created the literary landscape of the hundred acre wood and surrounding features, it was Shepard ho firmly established the visual setting.  With typical Shepard humour the map is supposed to be the work of Christopher Robin (“Drawn by me and Mr. Shepard helpd”) and includes a number of Christopher Robin’s own spellings (“pikniks”, “raletions” and “rox”.)  The map was reproduced on the endpapers of Winnie-the Pooh and, at least for Shepard, established a defi9nite visual style.  In 1931 when Shepard worked on The Wind in the Willows his first innovation was to introduce a map of the locality on the endpapers.  Both maps, of course, pre-date those in Tolkien’s The Hobbit.  Just as Shepard’s map is the means of entry to the book, it is also the first animated sequence in the Disney film (Winnie-the-Pooh and the Honey Tree, 1966).  Shepard produced at least two preliminary drawings for the map (one in the collection of the V & A Museum and an earlier sketch sold in these rooms, 17 December 2008).  This, the original as used by the publishers, was sold in these rooms, 17 December 2008).  This, the original as used by the publishers, was sold by Shepard in his exhibition at The Sporting Gallery, 26 November – 21 December 1926.  It was given the title, in the exhibition catalogue, as simply “Map of Pooh’s Country”.  Below the mount Shepard has added the caption “Winnie-the-Pooh.  Map for end papers”.  The reverse of the board also notes “Map for End Papers”.

 

Looking at all old and rare books in the Rare Book Hub Transaction Database that brought at auction $650 in 1968, they have on average increased in value to $8,828 today, a nice annual increase of 5.47% compounded, but hardly the mind-bending 14.17% this incandescent map has.

 

The Pooh stories have aged well, very well in fact, and this map, an important original illustration of the series, has become an icon.  So, if you loved these stories and have had money to burn, what nicer thing to have on your wall than this important, easily identifiable original illustration.

 

For five generations Winnie-the-Pooh has been required listening if not reading for a large audience of English speakers and slowly this children’s tale has grown in stature as generation after generation have told and retold the Pooh stories.  As luck would have it, today, many of those once children have grown into the women and men that collect and many collect material that resonated with them when they are small.

 

For them, this is a rare gem and a keeper.

 

The future of this collectible will rise and fall with interest in the Pooh series.  At the recent Comic-Con in San Diego books and artwork have had their place but today’s youth seems far more taken with interactive electronics and comic book and movie impersonation.  As to how many visitors came dressed as Winnie-the-Pooh I suspect not many for the timeless characters of A. A. Milne, while aging well, more resonate with those of a certain age who now buys their bus tickets for half-price and their icons for six figures.


Posted On: 2018-08-01 05:38
User Name: battledore

This original published map of the Hundred Acre Woods from the 1926 endpapers of WINNIE is among the most iconic recognizable images from any 20th century children's book. As I had discussed with our client, who bid over the telephone and at £320,000 hammer he was the underbidder, hanging on his wall at home, anyone who might visit would just need a glimpse of the map from a distance to recognize what it is (assuming they had an educated childhood). It has been rumored that the map was actually purchased by a member of the Royal Family as a gift to the Royal Nursery for the children of the Duke and Duchess of Cambridge.


Rare Book Monthly

  • <center><b>Potter & Potter Auctions<br>Fine Books & Manuscripts,<br>including Americana<br>February 16, 2023</b>
    <b>Potter & Potter, Feb. 16:</b> [KELMSCOTT PRESS]. CHAUCER, Geoffrey. <i>The Works…now newly imprinted.</i> Edited by F.S. Ellis. Hammersmith: Kelmscott Press, 1896. $100,000 to $125,000.
    <b>Potter & Potter, Feb. 16:</b> [EINSTEIN, Albert (1879–1955)]. –– ORLIK, Emil (1870–1932), artist. Lithograph signed (“Albert Einstein”). N.p., 1928. $10,000 to $15,000.
    <b>Potter & Potter, Feb. 16:</b> TOLKIEN, John Ronald Reuel. <i>[The Lord of the Rings trilogy:] The Fellowship of the Ring.</i> 1954. –– <i>The Two Towers.</i> 1954. –– <i>The Return of the King.</i> 1955. $10,000 to $15,000.
    <b>Potter & Potter, Feb. 16:</b> CLEMENS, Samuel Langhorne ("Mark Twain") and Charles Dudley WARNER. <i>The Gilded Age: A Tale of Today.</i> Hartford and Chicago, 1873. $6,000 to $8,000.
    <b>Potter & Potter, Feb. 16:</b> LOVECRAFT, Howard Phillips. <i>Beyond the Wall of Sleep.</i> Collected by August Derleth and Donald Wandrei. Sauk City, WI: Arkham House, 1943. $2,000 to $3,000.
  • <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
    <center><b>California International Antiquarian Book Fair<br>February 10-12, 2023<br>Pasadena Convention Center<br> abaa.org/cabookfair
  • <b><center>Swann Auction Galleries<br>View Our Record Breaking Results</b>
    <b>Swann:</b> Gideon Welles, <i>Extensive archive of personal and family papers of Lincoln’s Secretary of the Navy,</i> 1791-1914. Sold September 29 — $281,000.
    <b>Swann:</b> Charles Addams, <i>Rock Climbers,</i> cartoon for <i>The New Yorker,</i> watercolor, ink and gouache, 1954. Sold December 15 — $37,500.
    <b>Swann:</b> Charlotte Brontë, <i>Jane Eyre. An Autobiography. Edited by Currer Bell,</i> three volumes, first edition, 1847. Sold June 16, 2022 — $23,750.
    <b>Swann:</b> Geoffrey Chaucer, <i>The Workes of Geffray Chaucer Newlye Printed,</i> London, 1542. Sold October 13 — $106,250.
    <b><center>Swann Auction Galleries<br>View Our Record Breaking Results</b>
    <b>Swann:</b> Dorothea Lange, <i>Migrant Mother, Nipomo, California (Destitute pea pickers in California. Mother of seven children. Age 32),</i> silver print, 1936. Sold October 20 — $305,000.
    <b>Swann:</b> George Washington, Autograph Document Signed, with two manuscript plat maps in holograph, 1751. Sold October 27 — $37,500.
    <b>Swann:</b> Winfred Rembert, <i>Winfred Rembert and Class of 1959,</i> dye on carved & tooled leather, 1999. Sold October 6 — $233,000.
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  • <b><center>Sotheby’s<br>Original Film Posters<br>27 January - 10 February 2023</b>
    <b>Sotheby’s, Jan. 27-Feb. 10:</b> Vertigo (1958), poster, US. The ultimate poster on this classic Hitchcock title, one of three known examples. £40,000 to £60,000.
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    <b>Sotheby’s, Jan. 27-Feb. 10:</b> Star Wars (1977), style C poster, printer's proof, US. £7,000 to £10,000.
    <b>Sotheby’s, Jan. 27-Feb. 10:</b> The Navigator/ La Croisiere du Navigator (1924), re-release poster (1931), French. £5,000 to £8,000.
    <b>Sotheby’s, Jan. 27-Feb. 10:</b> Bullitt (1968), special test poster, US. £3,000 to £5,000.
  • <b>Old World Auctions (Feb 8):</b> Lot 817. Bellin's complete five-volume maritime atlas with 581 maps & plates (1764). $24,000 to $30,000.
    <b>Old World Auctions (Feb 8):</b> Lot 325. An early and important map of the Republic of Texas (1837). $11,000 to $14,000.
    <b>Old World Auctions (Feb 8):</b> Lot 45. De Bry's early map of North Pole depicting Willem Barentsz' expedition (1601). $3,500 to $4,250.
    <b>Old World Auctions (Feb 8):</b> Lot 154. Poignant map of the United States documenting lynchings (1931). $250 to $325.
    <b>Old World Auctions (Feb 8):</b> Lot 457. Extremely rare matching set of pro-German propaganda from WWI (1914). $2,000 to $2,400.
    <b>Old World Auctions (Feb 8):</b> Lot 815. Homann's world atlas featuring 110 maps in contemporary color (1751). $14,000 to $16,000.
    <b>Old World Auctions (Feb 8):</b> Lot 60. Miniature pocket globe based on Herman Moll (1785). $3,500 to $4,500.
    <b>Old World Auctions (Feb 8):</b> Lot 8. Visscher's rare carte-a-figures world map (1652). $14,000 to $16,000.
    <b>Old World Auctions (Feb 8):</b> Lot 158. Matching satirical maps of the US by McCandlish: "Ration Map" & "Bootlegger's Map" (1944). $3,000 to $4,000.
    <b>Old World Auctions (Feb 8):</b> Lot 820. One of the finest English atlases of the early 19th century (1808). $4,750 to $6,000.
    <b>Old World Auctions (Feb 8):</b> Lot 59. Important milestone in preparation for 1969 moon landing (1963). $750 to $900.
    <b>Old World Auctions (Feb 8):</b> Lot 805. Superb bible leaf with image of crucifixion of Jesus with gilt highlights (1518). $800 to $950.

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