• Freeman’s | Hindman, Oct. 24:
    A Superb Extra-illustrated Copy of Nicolay and Hay’s Work About Lincoln. $50,000 – 70,000.
    Freeman’s | Hindman, Oct. 24:
    The First Volume of De Bry's Great Voyages, Thomas Hariot's Description of Virginia. $50,000 – 70,000.
    Freeman’s | Hindman, Oct. 24:
    An autographed cabinet card of Custer as lieutenant colonel. From his last sitting. $800 – 1,200.
    Freeman’s | Hindman, Oct. 24:
    The Congressional Committee, Lincoln's Funeral Springfield Illinois, 3 May 1865. $4,000 – 6,000.
    Freeman’s | Hindman, Oct. 25:
    A remarkable ninth plate daguerreotype of an interracial couple. $30,000 – 50,000.
    Freeman’s | Hindman, Oct. 25:
    What may be the earliest known images of an identified plantation and enslaved African Americans posed with their owner. $20,000 – 30,000.
    Freeman’s | Hindman, Oct. 25:
    Through Tickets to All Principal Points West Via Chicago Burlington and Quincy Railroad For Sale at This Office. $500 – 700.
    Freeman’s | Hindman, Oct. 25:
    15th New York Infantry / Regiment of Engineers GAR regimental colors. Ca 1880. $1,500 – 2,500.
  • Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1556. Senghor, Les Élégies Majeures. Geneve 1978.
    Jeschke Jádi, Oct. 25-26: Lot 1572. Lew Tolstoy. Anna Karenina. First Edition, Moscow, 1878.
    Jeschke Jádi, Oct. 25-26: Lot 49. Petrarca. Das Gluecksbuch, Augsburg, 1536.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1060. Immanuel Kant, Critik der reinen Vernunft. First Edition, Riga, 1781.
    Jeschke Jádi, Oct. 25-26: Lot 585. Bonaparte, Iconografia della fauna Italica. Rome, 1832f.
    Jeschke Jádi, Oct. 25-26: Lot 548. Robert Fludd. Utriusque cosmi maioris, Frankfurt, 1617f.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1496. Jacob / Picasso. Chronique des Temps, 1956.
    Jeschke Jádi, Oct. 25-26: Lot 571. Christian von Wolff. Works, Halle 1741f.
    Jeschke Jádi, Oct. 25-26: Lot 969. Karl Friedrich Schinkel, Dekorationen innerer Raeume. Berlin 1874.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1457. Goethe. Das Tagebuch. Print on Vellum. Berlin, Officina Serpentis. 1934.
    Jeschke Jádi, Oct. 25-26: Lot 1316. Tolouse-Lautrec. Dessinateur. Duhayon binding, 1948.
    Jeschke Jádi, Oct. 25-26: Lot 30. Michael de Hungaria. Sermones praedicabiles, Strasbourg, 1494.
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    Institutional Collections & Deacccessioned Books
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    Institutional Collections & Deacccessioned Books
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  • Sotheby’s
    Bibliothèque de Pierre Bergé : le dernier chapiter
    28 October 2024
    Sotheby’s, 28 Oct: Gide, André. Les Cahiers d'André Walter, 1891
    Sotheby’s, 28 Oct: Flaubert, Gustave. Salammbô. Paris, Michel Lévy frères, 1863. Édition originale
    Sotheby’s, 28 Oct: Scève, Maurice. Microcosme. Lyon, Jean de Tournes, 1562. Maroquin vert de Lortic fils. Rarissime édition originale.
    Sotheby’s, 28 Oct: Whitman, Walt. Leaves of Grass. Brooklyn, 1855. Édition originale, imprimée par Whitman lui-même et reliée sur ses instructions. Avec un exemplaire de "Calamus", Boston, 1897
    Sotheby’s
    Bibliothèque de Pierre Bergé : le dernier chapiter
    28 October 2024
    Sotheby’s, 28 Oct: García Lorca, Federico. Poema del cante jondo. Madrid, 1931. Édition originale. Exemplaire offert par Lorca au journaliste basque Pedro Mourlane Michelena
    Sotheby’s, 28 Oct: Ronsard, Pierre de. Les Amours. 1553. [Suivi de:] Continuation des amours. 1557. In-8. Vélin. Troisième édition des Amours et deuxième édition de la Continuation
    Sotheby’s, 28 Oct: Vivaldi, Antonio. L’Estro Armonico... Amsterdam [1712]. Édition originale. Rares partitions de 12 concertos, gravées sur cuivre

Rare Book Monthly

Articles - December - 2018 Issue

David Hall of National Book Auction Arrested

David Hall, the long established  auctioneer who runs National Book Auctions and Worth Auctions in Freeville, New York near Ithaca, has been arrested and charged with second degree grand larceny.  This comes on the heels of persistent reports over the past several years of non-payment to consignors.  On Ithaca.com a story on this development describes the indictment as “adding credence to the growing number of people in Tompkins County and across the country who say they’ve been cheated by his business.”

 

Such issues are hardly front page news as auction houses in every generation encounter such disputes as they maneuver between consignors and buyers,  changing markets and occasional problems collecting from winning bidders.  Almost all such issues are settled privately.  It is rare for auctioneers and auction principals to be arrested.

 

Mr. Hall was taken into custody on November 19th on the charge that he handled the sale of an estate valued at over $500,000 and subsequently failed to fully pay the consignor.

 

He was remanded to the Tompkins County jail after arraignment and held on $100,000 cash bail or $200,000 property bond.

 

 The investigation into Hall by the New York State Police began late last year, in which he was accused of selling an estate valued at over $500,000, but failed to pay what was owed to the original owner after the auction sale. Eventually, he began to pay back the money but by Monday afternoon [November 19th], when he turned himself in, he still allegedly owed the consignor over $200,000.

 

Although it is the single charge that has ensnared Mr. Hall, there have been other complaints.  On Yelp complaints have been lodged and the Better Business Bureau lists many complaints, with the majority of them posted during the past year.

 

The auction business relies on trust on both sides.  When there is a breach it can be difficult to recover.

 


Posted On: 2018-12-03 09:53
User Name: fxtrader

I have been preaching this for some years to anyone who will listen (and nobody does because it's boring), but this situation seems like a good time to once again express why it is important to consign with auctioneers who operate in states where auctioneers are required to be licensed. New York, California, and around 18 other states do not license and regulate auctioneers as most states do.

Consignors have greater protections in license-required states, and auctioneers in those states are held to rather strict standards (especially in terms of paying consignors.) For example, if this had happened in Georgia (where we operate), after even one complaint of non-payment (whether for $1 or $100,000), the Secretary of State's office would immediately send an inspector. If the auctioneer could not show that full payment had been made, then his or her license would be immediately suspended or revoked, and the auctioneer would be barred from continuing to conduct business. Not only that, the state could immediately freeze the auctioneer's bank account and protect consignor's funds. So, a year (or several years) would not just go by while other people are cheated and the money disappeared.

Trust is important, but proper oversight is also important. I don't trust my bank to do the right thing out of the goodness of their heart, but I trust the regulations by which they must abide. I would not deposit my money in a bank where there was no FDIC insurance and no government regulation. In the same manner, I would not consign property to an auctioneer in a state that does not regulate and license auctioneers.

As for us, our consignors are paid every time, and they're paid on time. And nobody has to take our word for it. In our state, if we didn't pay our consignors and pay them within the agreed upon time-frame, then we'd be shut down in less than a week.

None of this is to say that there are not fine and trustworthy auction houses in no-license-required states (because there are), but consignors should be aware that their recourse in those states is limited if there is a problem. This story involving National Book Auctions is a perfect illustration of that.

Michael Addison
Principal Auctioneer
Addison & Sarova Auctioneers


Rare Book Monthly

  • Bonhams, now to Oct. 24: CATESBY, MARK. 1683-1749. The Natural History of Carolina, Florida, and the Bahama Islands. $100,000 - $150,000
    Bonhams, now to Oct. 24: AUDUBON, JOHN JAMES. 1785-1851. The Birds of America, from Drawings Made in the United States and their Territories. $30,000 - $50,000
    Bonhams, now to Oct. 24: ADAMS ON HIS PEAR TREES AND A LOST PORTRAIT BY SALEM ARTIST HANNAH CROWNINSHIELD. ADAMS, JOHN. 1735-1826. $10,000 - $15,000
    Bonhams, now to Oct. 24: EARLIEST MAP DEVOTED TO NORTH AMERICA. FORLANI, PAULO. fl.1560-1571. $20,000 - $30,000
    Bonhams, now to Oct. 24: HAMILTON DEFENDS THE CONSTITUTION. HAMILTON, ALEXANDER. 1757-1804. $20,000 - $30,000
    Bonhams, now to Oct. 24: NO TAXATION WITHOUT REPRESENTATION BROADSIDE. Boston, September 14, 1768. $5,000 - $8,000
    Bonhams, now to Oct. 23: ONE OF THE EARLIEST ILLUSTRATIONS OF A SURGICAL PROCEDURE. BARTHOLOMAEUS ANGLICUS. $10,000 - $15,000
    Bonhams, now to Oct. 23: RICHARD FEYNMAN'S ANNOTATED COPY, WITH TWO EARLY FEYNMAN AUTOGRAPH MANUSCRIPTS. $15,000 - $25,000
    Bonhams, now to Oct. 23: THE FOUNDATIONS OF MODERN COMPUTING. TURING, ALAN MATHISON. 1912-1954. $30,000 - $50,000
    Bonhams, now to Oct. 23: FINE OIL PORTRAIT OF ALBERT EINSTEIN BY EUGEN SPIRO. $40,000 - $60,000
    Bonhams, now to Oct. 23: PENICILLIN MOLD MEDALLION INSCRIBED BY ALEXANDER FLEMING. FLEMING, ALEXANDER. 1881-1955. $30,000 - $50,000
    Bonhams, now to Oct. 23: APPLE "TWIGGY" MACINTOSH PROTOTYPE USED IN THE DEVELOPMENT OF DEMONSTRATION SOFTWARE. $80,000 - $120,000
  • Swann, Oct. 24: Lot 31: William Shakespeare, Second Folio, 1632. $120,000 to $180,000.
    Swann, Oct. 24: Lot 175: Agostino Nifo’s De Regnandi Peritia ad Carolum VI, 1523. $25,000 to $35,000.
    Swann, Oct. 24: Lot 263: Johannes Hevelius, Selenographia: Sive, 1647. $15,000 to $20,000.
    Swann, Oct. 24: Lot 32: William Shakespeare, Poems, 1640. $15,000 to $20,000.
    Swann, Oct. 24: Lot 230: Ernest Hemingway, in our time, Limited First Edition; One of 170 Copies Printed, Paris: Three Mountains Press, 1924. $20,000 to $30,000.
    Swann, Oct. 24: Lot 43: Amadis de Gaule Story Cycle, Various Authors, El Octavo Libro and El Noveno Libro, 1526 and 1542. $8,000 to $12,000.
    Swann, Oct. 24: Lot 25: John Milton, Poems of Mr. John Milton, 1645. $7,000 to $9,000.
    Swann, Oct. 24: Lot 259: William Griffith Wilson, Alcoholics Anonymous: The Story of How More than One Hundred Men Have Recovered, 1939. $15,000 to $20,000.
    Swann, Oct. 24: Lot 242: Harper Lee, To Kill a Mockingbird, 1960. $10,000 to $15,000.
    Swann, Oct. 24: Lot 69: Miguel de Cervantes, Don Quixote in Spanish, Ibarra's Academy Edition, 1780. $6,000 to $8,000.
    Swann, Oct. 24: Lot 9: Elizabeth I, Queen of England, The Historie of Guicciardin, 1599. $6,000 to $9,000.
    Swann, Oct. 24: Lor 103: Francisco Lopez de Ubeda, Libro de Entrentenimiento de la Picara Justina, 1605. $6,000 to $8,000.

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