• <center><b>Fonsie Mealy’s<br>Christmas Rare Books<br>& Collectors' Sale<br>December 7th & 8th, 2021</b>
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Ortelius (Abraham). <i>Theatrum Orbis Terrarum,</i> folio, Antwerp, 1570, First Edition (2nd Issue), 53 double-page maps, contemporary hand colouring. €40,000 to €60,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> An original engraved facsimile copy of the Declaration of Independence of 4 July 1776, issued by order of Congress on 4 July 1823 in a limited edition of 200 copies on fine parchment. €20,000 to €30,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Joyce (James). <i>Ulysses.</i> Shakespeare & Co., Rue de l’Odeon, Paris 1922. No. 559 of 1000 Copies of the First Edn.,, one of 750 Copies on handmade paper. €10,000 to €15,000.
    <center><b>Fonsie Mealy’s<br>Christmas Rare Books<br>& Collectors' Sale<br>December 7th & 8th, 2021</b>
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Malton (James) [1761-1803]. A fine quality set of twenty-five hand coloured aquatint Views of Dublin, as published for <i>A Picturesque and Descriptive View of the City of Dublin</i>. €6,000 to €7,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> 'Bloody Sunday.' An original Admission Ticket to Croke Park, Great Challenge Match (Football), Tipperary v. Dublin, Sunday, November 21,1920. Pink card, 3 ins x 4 ¼ ins. €4,000 to €5,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Joyce (James). <i>Haveth Childers Everywhere - Fragment from Work in Progress,</i> Paris & N.Y., 1930, First Edn., Signed and Limited No. 50 (100) Copies. €4,000 to €6,000.
    <center><b>Fonsie Mealy’s<br>Christmas Rare Books<br>& Collectors' Sale<br>December 7th & 8th, 2021</b>
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Edward Lyons, Irish (1726-1801). Genealogy: <i>The FitzGerald's Arms of Carton House, Kildare,</i> pen and ink and watercolour on laid paper. €3,000 to €4,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Yeats (William Butler). <i>Poems.</i> Cuala Press, D. 1935, stiff blue paper covers, unlettered as issued, coloured initials and ornaments hand-drawn by Elizabeth Corbet Yeats. One of 300 copies. €2,000 to €3,000.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> A fine and important collection of Ulster Wit. Belfast Political Scrapbook, 19th century. €1,500 to €2,000.
    <center><b>Fonsie Mealy’s<br>Christmas Rare Books<br>& Collectors' Sale<br>December 7th & 8th, 2021</b>
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Rare Views of the Giant's Causeway. Coloured Prints: Drury (Susanna) [1698-1770]. A rare pair of original Engraved Prints. €1,200 to €1,500.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> [Johnson (Rev. Samuel)]. <i>Julian the Apsostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,</i> L., 1682, First Edn. €800 to €1,200.
    <b>Fonsie Mealy’s, Dec. 7-8:</b> Aringhi (Pauli). <i>Roma Subterranea Novissima,</i> 2 vols. lg. folio Rome (Typis Vitalis Mascardi) 1651. €350 to €750.
  • <b><center>One of a Kind Collectibles Auctions<br>Rare Autographs, Manuscripts, Entertainment and Sports Auction<br>December 9th</b>
    <b>One of a Kind Collectibles, Dec. 9:</b> SITTING BULL SIGNED PHOTO (The Finest in Existence).
    <b>One of a Kind Collectibles, Dec. 9:</b> The Beatles Signed Photo Card and the Make-Up Sponge Used During the Historic February 1964 Ed Sullivan Performance.
    <b>One of a Kind Collectibles, Dec. 9:</b> Extremely Rare John Wesley Hardin Signature from a Texas Cattle Brand Book, early 1870s.
    <b><center>One of a Kind Collectibles Auctions<br>Rare Autographs, Manuscripts, Entertainment and Sports Auction<br>December 9th</b>
    <b>One of a Kind Collectibles, Dec. 9:</b> Albert Einstein "refugee intellectuals of the Hitler persecution.”
    <b>One of a Kind Collectibles, Dec. 9:</b> LYNDON B. JOHNSON Personally Owned & Worn STETSON HAT.
    <b>One of a Kind Collectibles, Dec. 9:</b> Sigmund Freud Typed Letter Signed in English "I am still on the road to health, but I have not arrived."
    <b><center>One of a Kind Collectibles Auctions<br>Rare Autographs, Manuscripts, Entertainment and Sports Auction<br>December 9th</b>
    <b>One of a Kind Collectibles, Dec. 9:</b> Nixon’s All Time Baseball All Star Team and the Reporter that helped change the 1972 Presidential Election!
    <b>One of a Kind Collectibles, Dec. 9:</b> Incredible signed ''Atomic Energy for Military Purposes'' -by Enrico Fermi & Robert Oppenheimer and- Also Signed by Four Other Manhattan Project Scientists Who Developed the First Atomic Bomb.
    <b>One of a Kind Collectibles, Dec. 9:</b> Samuel Adams, Signer of Declaration Of Independence, Signed Military Appointment.
    <b><center>One of a Kind Collectibles Auctions<br>Rare Autographs, Manuscripts, Entertainment and Sports Auction<br>December 9th</b>
    <b>One of a Kind Collectibles, Dec. 9:</b> Orville Wright & Glenn Martin Signed Photograph.
    <b>One of a Kind Collectibles, Dec. 9:</b> Thomas Jefferson, a Magnificent Large Signature.
    <b>One of a Kind Collectibles, Dec. 9:</b> Robert E. Lee ALS, “Suffering people of the South … blessing of God.”
  • <b><center>Doyle<br>Rare Books, Autographs & Maps<br>December 9</b>
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 47. Roosevelt, Theodore. Photograph inscribed to Morris J. Hirsch. May 7th 1918. $1,500 to $2,500.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 178. Whitman, Walt. <i>Leaves of Grass.</i> Brooklyn, New York: [Printed for the author], 1955. First edition in the first issue binding. $70,000 to $100,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 38. Mather, Cotton. <i>Magnalia Christi Americana; or, the Ecclesiastical History of New-England.</i> London: Printed for Thomas Parkhurst, 1702. First edition. $3,000 to $5,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 55. Taylor, Zachary. Autograph letter signed as President-Elect. Baton Rouge: January 15, 1849. $5,000 to $8,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 203. Picasso, Pablo. <i>Verve</i> Vol. V, Nos. 19-20. Paris: Editions Verve, 1948. Inscribed on the title page by Picasso. $1,500 to $2,500.
    <b><center>Doyle<br>Rare Books, Autographs & Maps<br>December 9</b>
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 211. Domergue, Jean-Gabriel. L'Ete a Monte Carlo. Lithographed poster, Lucien Serre & Cie, Paris, circa 1937. $1,000 to $1,500.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 105. Manuscript Illumination attr. to Neri da Rimini. Large excised initial "N" from a choirbook, extensively historiated. [Likely Rimini: first quarter of the 14th century]. $2,000 to $3,000.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 40. McKenney, Thomas L. and Hall, James. <i>History of the Indian Tribes of North America, with Biographical Sketches and Anecdotes of the Principal Chiefs.</i> Philadelphia: Rice, Rutter & Co., 1870. $3,00
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 222. Searle, Ronald. [Pets--a dog, cats and a parrot-- surrounded by books, and inspecting a globe, perhaps planning global domination]. Original drawing, 17 3/8 x 13 1/2 inches. $1,500 to $2,500.
    <b>Doyle, Rare Books, Autographs & Maps:</b> Lot 98. Faden, William; Scull, Nicholas and George Heap. A Plan of the City and Environs of Philadelphia, Survey'd by N. Scull and G. Heap. London: William Faden, 12 March 1777. $3,000 to $5,000.
  • <b>Bonhams, Dec. 15:</b> BENJAMIN FRANKLIN. Autograph Letter Signed ("B. Franklin"), to Benjamin Vaughan asserting the primacy of American independence in negotiating the Treaty of Paris, Passy, July 11, 1782. $80,000 to $120,000.
    <b>Bonhams, Dec. 15:</b> BENJAMIN FRANKLIN. Autograph Letter Signed ("B. Franklin") to David Hartley addressing Hartley's final issues with the recently completed ratification of the Treaty of Paris, Passy, June 2, 1784. $70,000 to $100,000.
    <b>Bonhams, Dec. 15:</b> MASON & DIXON. A hand-colored contemporary manuscript map titled in cartouche, "A Map of that Part of AMERICA where a degree of LATITUDE was measured for the ROYAL SOCIETY, by Chas Mason & Jer: Dixon," c.1768. $8,000 to $12,000.
    <b>Bonhams, Dec. 15:</b> WILLIAM BUTLER YEATS. Autograph Manuscript Signed ("WB Yeats"), a fair copy of "When Helen Lived" for John Preece headed ("For John Preece"), framed. $5,000 to $7,000.
    <b>Bonhams, Dec. 15:</b> "LINCOLN SEATED." KECK, CHARLES, sculptor. 1875-1951. Patinated bronze, 1950. Louise Taper Collection. $10,000 to $15,000.
    <b>Bonhams, Dec. 15:</b> ABRAHAM LINCOLN'S FINAL HOURS. BURNS, J., painter. <i>Death-Bed of Abraham Lincoln.</i> Oil on canvas, 1866. Collection of Louise Taper. $8,000 to $12,000.
    <b>Bonhams, Dec. 15:</b> FILSON, CHARLES PATTERSON, painter. 1860-1937. <i>Portrait of Edwin M. Stanton, Lincoln's Secretary of War.</i> $3,000 to $5,000.
    <b>Bonhams, Dec. 15:</b> A MATZOS BOX PRESENTED BY THE MANISHEVITZ BROTHERS TO WARREN G. HARDING. Louise Taper Collection. $2,000 to $3,000.
    <b>Bonhams, Dec. 15:</b> LEWIS CARROLL. Original albumen print photograph, approximately 6 7/8 x 8 3/4 inches, Chelsea, London, October 7, 1863, of the Rossetti Family at home, one of only three known examples of the full image. $50,000 to $70,000.
    <b>Bonhams, Dec. 15:</b> CHRISTINA ROSSETTI. <i>Verses ... Dedicated to Her Mother.</i> Privately printed, 1847. First edition of her first book, printed at her grandfather's press, THE ROSSETTI FAMILY COPY. $15,000 to $20,000.
    <b>Bonhams, Dec. 15:</b> CHRISTINA ROSSETTI. Original drawing of snowdrops in purple pencil, sent by CGR to Lucy Rossetti, inscribed "I doubt whether you will make out my copy from nature," 1887. $800 to $1,200.
    <b>Bonhams, Dec. 15:</b> DANTE GABRIEL ROSSETTI, et al. The Germ: <i>Thoughts towards Nature in Poetry, Literature and Art.</i> Fine copy in a Doves binding by Cobden Sanderson. $12,000 to $18,000.

Rare Book Monthly

Articles - January - 2019 Issue

Scholium Group Reports £56,000 Loss in First Half of Fiscal Year

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The Scholium Group, corporate parent of Shapero Rare Books, released its interim financial report for the six months ending September 30, 2018. While holding several divisions, Shapero Rare Books is the largest part of their business. As the only publicly traded rare and antiquarian book specialist, their results can provide a window on the market.

 

The report showed Scholium had a loss of £56,000 for the six months, compared to a profit of £61,000 the prior year. Revenue was down slightly, but gross margin was up by 4%. However, as is often the case with corporate statements, this isn't a very accurate yearly comparison. A couple of factors intervened to make this something other than an apples-to-apples comparison.

 

During the past year, Scholium added a new division, Mayfair Philatelics. As with most startup businesses, it incurred a loss, while adding to overall revenue. Expenses rose year over year by £242,000, but of this amount, £220,000 was attributable to the new stamp business. In all, Mayfair Philatelics lost £104,000. If this is removed, the year-to-year comparison would have been a profit of £48,000 compared to prior year profits of £61,000. In addition, a minor change in the timing of accounting for revenue reduced income by another £14,000, meaning income, on a fair comparison basis, was virtually the same as the prior year.

 

Overall sales decreased slightly despite the addition of sales, albeit unprofitable ones, from Mayfair Philatelics. This reflects a decrease in sales of £241,000 by Shapero Rare Books. This again is a misleading number. Regular sales were actually up at Shapero. The difference is that last year they made an en bloc sale of a 50% interest in their Russian inventory to a former employee. This generated a larger amount of sales, but no income as the material was sold to the former employee at cost. The result is that while Shapero's sales technically decreased, its gross profit margin also, technically, increased by the removal of a large volume of profitless sales. Overall, Shapero Rare Books, and the smaller Shapero Modern, registered an increase in profits of about £20,000.

 

In describing its strategy, Scholium noted a plan common to many private booksellers, "diversification of revenue streams." In Scholium's case, that is represented by the Mayfair collectible stamp business. They have been selling more items at auction as well, and attempting to sell on behalf of others, rather than holding everything in inventory. These steps can reduce cash needs and inventory holdings while speeding turnover. Scholium noted that the firm is "focused on reducing its inventory as part of the process of rebalancing its business towards consignments from third parties for either retail or auction sales." They further noted that "increasing the number of consignments, as compared with purchasing stock," is part of then plan for "both its books and philatelic businesses."

 

The firm did point out that it expects costs to increase over the next six months. The Mayfair business, which held one auction in the past six months, has three scheduled for the coming six months. Both Mayfair and Shapero have more fairs and catalogues scheduled for the coming period, which will add to marketing expenditures. On the other side, that increased activity is anticipated to add to revenues as well.

 

Speaking of the half-year results, Scholium Group's Chairman, Jasper Allen, stated, "It has been pleasing that the group's main trading subsidiary, Shapero Rare Books, and Scholium Trading continue to trade profitably in this first six months to 30 September 2018." Plans for the future include maintaining the momentum at Shapero Rare Books and increasing revenues in the stamp business, while reducing the level of stock.

Rare Book Monthly

  • <center><b>Arader Galleries<br>Live Auction<br>December 11, 2021</b>
    <b>Arader Galleries, Dec. 11:</b> De Wit’s composite atlas with magnificent full original color. $125,000 to $150,000.
    <b>Arader Galleries, Dec. 11:</b> Gardner's photographic sketch book of the Civil War. $200,000 to $250,000.
    <b>Arader Galleries, Dec. 11:</b> Waugh Oil Painting, 70 Degrees North; The Polar Bear. $400,000 to $600,000.
    <center><b>Arader Galleries<br>Live Auction<br>December 11, 2021</b>
    <b>Arader Galleries, Dec. 11:</b> Audubon aquatint, Ivory-Billed Woodpecker. $75,000 to $90,000.
    <b>Arader Galleries, Dec. 11:</b> Blaeu terrestrial table globe, 1602. $70,000 to $100,000.
    <b>Arader Galleries, Dec. 11:</b> Audubon aquautint, Ruby-Throated Humming Bird. $35,000 to $45,000.
    <center><b>Arader Galleries<br>Live Auction<br>December 11, 2021</b>
    <b>Arader Galleries, Dec. 11:</b> Bessa original watercolor of a bouquet of flowers. $75,000 to $125,000.
    <b>Arader Galleries, Dec. 11:</b> John Gould's only work devoted to American birds. $15,000 to $20,000.
    <b>Arader Galleries, Dec. 11:</b> Wyld & Malby pair of terrestrial & celestial globes, 1833. $50,000 to $75,000.
    <center><b>Arader Galleries<br>Live Auction<br>December 11, 2021</b>
    <b>Arader Galleries, Dec. 11:</b> Leutze map of the world oil painting. $70,000 to $100,000.
    <b>Arader Galleries, Dec. 11:</b> Caula, the finest 18th century drawing of Lison. $25,000 to $35,000.
    <b>Arader Galleries, Dec. 11:</b> Scolari / Blaeu map of Germania, 1650. $15,000 to $22,000.
  • <center><b>Sotheby’s<br>Zang Tumb Tuuum:<br>la révolution futuriste<br>Online Auction<br>30 November – 7 December</b>
    <b>Sotheby’s, Nov. 18:</b> The "Official Edition" of the United States Constitution and the First Printing of the Final Text of the Constitution, 1787. $15,000,000 to $20,000.
    <b>Sotheby’s, Nov. 30 – Dec. 7:</b> Marinetti, Filippo Tommaso. I Paroliberi Futuristi. 1914-1915. 8 p. Unique corrected proofs, for an anthology that remained unpublished. €40,000 to €60,000.
    <b>Sotheby’s, Nov. 30 – Dec. 7:</b> Cangiullo, Francesco. Studenti in Lettere. Università. 1915. Seminal work, featured in 3 historical futurist exhibitions. €20,000 to €30,000.
    <b>Sotheby’s, Nov. 30 – Dec. 7:</b> Cangiullo, Francesco. Chiaro di luna. Circa 1915. Collage and gouache on paper. €15,000 to €20,000.
    <b>Sotheby’s, Nov. 30 – Dec. 7:</b> Marinetti, Filippo Tommaso. Manicure. Faire les ongles à l'Italie. Circa 1915. A fantastic parody of an advertising poster. €20,000 to €30,000.
  • <i>Der Sturm.</i> 1922. Sold October 2021 for € 13,000.
    Diophantus Alexandrinus, <i>Arithmeticorum libri sex.</i> 1670. Sold October 2021 for € 18,000.
    <i>Cozzani Ettore e altri, l’Eroica. Tutto il pubblicato.</i> Sold October 2021 for € 11,000.
    Newton Isaac, <i>Philosophiae naturalis principia mathematica.</i> 1714. Sold October 2021 for € 7,500.
    Manetti Saverio, <i>Storia naturale degli uccelli.</i> 1767-1776. Sold April 2021 for € 26,000.
  • <center><br>Swann Auction Galleries<br>Maps & Atlases<br>Natural History<br>& Color Plate Books<br>December 9, 2021</b>
    <b>Swann, Dec. 9:</b> John James Audubon, <i>Carolina Parrot, Plate 26,</i> hand-colored aquatint, 1828. $80,000 to $100,000.
    <b>Swann, Dec. 9:</b> Francisco Henrique Carls, <i>Album de Pernambuco e seus Arrabaldes,</i> 53 plates, Recife, circa 1873. $25,000 to $35,000.
    <b>Swann, Dec. 9:</b> Capt. Thomas Davies, group of five engraved topographical scenes of North American waterfalls, London, 1768. $8,000 to $12,000.
    <center><br>Swann Auction Galleries<br>Maps & Atlases<br>Natural History<br>& Color Plate Books<br>December 9, 2021</b>
    <b>Swann, Dec. 9:</b> William R. Morley, <i>Morley’s Map of New Mexico,</i> New Mexico, 1873. $7,000 to $10,000.
    <b>Swann, Dec. 9:</b> Paul Hariot, <i>Le Livre d’Or des Roses,</i> Paris, 1903. $800 to $1,200.
    <b>Swann, Dec. 9:</b> D. Miguel Geli, album of finely hand-drawn studies for nineteenth-century Spanish forts and military bunkers, circa 1830. $1,200 to $1,800.
  • <b><center>Christie’s<br>Valuable Books and Manuscripts<br>December 15</b>
    <b><center>Christie’s<br>Valuable Books and Manuscripts<br>December 15</b>
    <b><center>Christie’s<br>Valuable Books and Manuscripts<br>December 15</b>
    <b><center>Christie’s<br>Valuable Books and Manuscripts<br>December 15</b>
    <b><center>Christie’s<br>Valuable Books and Manuscripts<br>December 15</b>
  • <b><center>Aste Bolaffi<br>Rare Books and Autographs<br>December 16, 2021</b>
    <b>Aste Bolaffi, Dec. 16:</b> [Book of hours of Jean Boutin]. Illuminated manuscript on vellum, use of Rome, in Latin and French. France, early 15th century. From €50,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Book of Hours]. Pontifical illuminated manuscript on parchment, in Latin. Southern France, late 15th century. From €40,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Book of Hours]. Illuminated manuscript on parchment, in Latin and French. France, late 15th century. From €40,000.
    <b><center>Aste Bolaffi<br>Rare Books and Autographs<br>December 16, 2021</b>
    <b>Aste Bolaffi, Dec. 16:</b> [Book of Hours]. Officium B. Mariae Virginis. Illuminated manuscript on parchment, use of Rome, in Latin and Italian. 1482. From €40,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Book of Hours]. Manuscript on parchment, in French. Amiens, 14th century. From €10,000.
    <b>Aste Bolaffi, Dec. 16:</b> Verdi, Giuseppe. 9 handwritten lines signed by Luisa Miller, with a dedication 'to Monsieur Felix Le Couppey, Paris 24 Jan. 1852'. From €8,000.
    <b><center>Aste Bolaffi<br>Rare Books and Autographs<br>December 16, 2021</b>
    <b>Aste Bolaffi, Dec. 16:</b> French Renaissance binding, produced in Lyon or Paris in the second half of the 16th century. Rhetoricorum secundus tomus in Gryphius' edition of 1548. From €800.
    <b>Aste Bolaffi, Dec. 16:</b> [Printing and the Mind of Man]. Gesner, Conrad. <i>Vogelbuch Darinn die art, natur und eigenschafft aller vöglen.</i> Zurigo, Froschauer, 1581, 1583, 1585, 1589. From €10,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Dalmatia]. Berlinghieri, Francesco. Tabula quinta de Europa. Florence, Niccolò di Lorenzo della Magna, [before September 1482]. From €8,000.
    <b><center>Aste Bolaffi<br>Rare Books and Autographs<br>December 16, 2021</b>
    <b>Aste Bolaffi, Dec. 16:</b> Giampiccoli, Giuliano. Jacobo Comiti Duratio […] Tabulas a Marco Ricci Auctore, Julianus Giampiccoli incidit. Venezia, Teodoro Viero, 1775. €30,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Piazzetta]. Pitteri, Marco. Studj di pittura gia dissegnati da Giambatista Piazzetta ed ora con l'intaglio di Marco Pitteri. Venezia, Giovanni Battista Albrizzi, 1760. From €4,000.
    <b>Aste Bolaffi, Dec. 16:</b> [Printing and the Mind of Man]. Palladio, Andrea. <i>I quattro libri dell'architettura.</i> Venezia, Domenico de' Franceschi, 1570. From €14,000.

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