• Sotheby’s
    Fine Books & Manuscripts
    June 24-25
    Sotheby’s, June 25: Keats, John. The most significant collection of Keats’s love letters to come to market since 1885. $1,500,000 to $2,500,000.
    Sotheby’s, June 25: Chassériau, Benoît. The “Expedicion secreta” of the Free State of Cartagena de Indias against the forts of Portobelo (Panama). $50,000 to $70,000.
    Sotheby’s, June 25: (Hamilton, Alexander, James Madison, and John Jay). "One of the new nation's most important contributions to the theory of government”. $150,000 to $180,000.
    Sotheby’s, June 24: Benjamin Franklin. "the Day of the Declaration of Independence is everywhere annually celebrated". $80,000 to $120,000.
    Sotheby’s, June 24: (Johann Conrad Beissel). A Sammelband of two of Benjamin Franklin's rarest imprints. $70,000 to $100,000.
    Sotheby’s, June 25: [Pernambuco]. First printed work in favor of Brazilian Independence. $150,000 to $200,000.
  • June 23rd, 24th & 25th 2026
    Fonsie Mealy’s, June 23-25: Medical Incunabula: Petit (Jean)publisher & Kerver (Thielman)printer. Regimen Sanitatis Salernitanum, sm. 8vo, Paris [1498]
    Fonsie Mealy’s, June 23-25: Hugo (Victor) [Wraxall (Lascelles)]. Les Miserable, 3 vols., 8vo, L. (Hurst & Blackett) 1862, First Authorized English Translation (copyright).
    Fonsie Mealy’s, June 23-25: Shelley (Mary Wollstonecraft). Frankenstein: or The Modern Prometheus, 8vo, 2 vols. in one, L. (G. & W.B. Whittaker, Ave-Maria-Lane) 1823.
    June 23rd, 24th & 25th 2026
    Fonsie Mealy’s, June 23-25: Cuisine: Anon. Cookery, Pastry, and Sweet Meats in three Books, Alphabetically Digested, 8vo 1710.
    Fonsie Mealy’s, June 23-25: Lambert (Aylmer Bourke). A Description of the Genus Pinus, with Directions Relative to the Cultivation…, 2 vols. Sm. folio L. (Messrs. Weddell) 1832.
    Fonsie Mealy’s, June 23-25: Botany: Curtis (William). Flora Londinensis: or Plates and Descriptions of such Plants as Grow Wild in the Environs of London, 2 vols. folio, London (B. White) 1777 – 1798.
    June 23rd, 24th & 25th 2026
    Fonsie Mealy’s, June 23-25: Le Moire (J.M.) Maple Leaves, Canadian History and Quebec Scenery (Third Series) 8vo Quebec (Hunter, Rose & Co.) 1865. First Edn.
    Fonsie Mealy’s, June 23-25: The Earliest Extant Printed House Contents Sale Catalogue in Ireland: Baillie, Auctioneer, Abby Street. A Catalogue of the Goods and Stock of the late Edward Wingfield…
    Fonsie Mealy’s, June 23-25: William III King of England. Autograph Letter Signed ("William R") to an unnamed correspondent [possibly Charles-Henri de Lorraine] discussing his strategy against the French forces during the siege of Namur.
    June 23rd, 24th & 25th 2026
    Fonsie Mealy’s, June 23-25: [Austen (Jane) (1785-1817]. Pride and Prejudice, 3 vols. sm. 8vo, L. (T. Egerton) 1813.
    Fonsie Mealy’s, June 23-25: Heaney (Seamus). Ugolino, sm. folio D. (Dolmen) 1979, Limited Edn. No. 78/125 Copies, Signed by Seamus Heaney, Louis le Brocquy, Liam Miller and Andrew Carpenter.
    Fonsie Mealy’s, June 23-25: Voltaire (F.M. Avouet de). Petits Ouvrages, attribues a M. de Voltaire, sm. folio manuscript, dated 1776, containing 9 works.
  • Bonhams, June 14-23: Franklin D. Roosevelt Presentation Gold Pocket Watch. Estimate: $20,000 - 30,000
    Bonhams, June 14-23: Presentation Copy of the First Issue of the Lincoln Douglas Debates Signed by Abraham Lincoln in Pencil to a Sangamon County Illinois Republican. Estimate: $150,000 - 250,000
    Bonhams, June 14-23: A Senate Resolution Signed in the Tense Days After the Union's Humiliating Defeat at the First Battle of Bull Run. Estimate: $80,000 - $120,000
    Bonhams, June 14-23: Seven Passages to a Flight, an Artists Book with a Story Quilt by Faith Ringgold, the Publisher's Own Copy. Estimate: $80,000 - 120,000
    Bonhams, June 14-23: A New Charter for Virginia, A Response to the First Armed Rebellion in the American Colonies. Estimate: $15,000 - 25,000
    Bonhams, June 14-23: Earliest obtainable printing of the Bill of Rights. Estimate: $8,000 - 12,000
    Bonhams, June 14-23: Edward Curtis Orotone. Estimate: $7,000 - 9,000
    Bonhams, June 14-23: Owned by Jacqueline Kennedy Onassis: A Butter or Dessert Plate from FDR's State Dinner Service. Estimate: $3,000 - 5,000
    Bonhams, June 14-23: An Early Large-Format Plan of the City of Washington. Estimate: $1,500 - 2,500
    Bonhams, June 14-23: Containing the First Map to Name the Hudson River. Estimate: $20,000 - 30,000
    Bonhams, June 14-23: America's First Major Novelist, a Complete Chapter in Autograph Manuscript by James Fenimore Cooper. Estimate: $15,000 - 20,000
    Bonhams, June 14-23: The Only Full-Length Book by Jefferson, with the Justly Famous Map. Estimate: $12,000 - 18,000
  • June 25, 2026
    Doyle, June 25: Houdini's biography, boldly signed. $3,000 to $5,000.
    Doyle, June 25: A volume from Abraham Lincoln's library, signed just before heading to Washington for his inauguration. $20,000 to $30,000.
    Doyle, June 25: A very early Confederate recruiting manual belonging to the chief commissary in Lee's Army. $600 to $800.
    Doyle, June 25: Rare hand-colored lithographs of the life of Napoleon. $20,000 to $30,000.
    Doyle, June 25: The "Holster Atlas" of the American Revolution. $5,000 to $8,000.
    Doyle, June 25: Jewish ceremonies in fine hand-colored engravings. $7,000 to $10,000.
    Doyle, June 25: A very rare work on Turkish military costume. $1,000 to $1,500.
    June 25, 2026
    Doyle, June 25: The most important illustrated work on the Mexican-American War. $10,000 to $15,000.
    Doyle, June 25: The finest illustrated book on Afghanistan. $10,000 to $15,000.
    Doyle, June 25: Henry Justice Ford St. George rescues the Princess from the horrible Dragon. $2,000 to $3,000.
    Doyle, June 25: A rare work of Prussian Army uniforms under Frederick William II, with exquisite hand-colored engravings. $800 to $1,200.
    Doyle, June 25: Lenny Bruce typed letter signed to a Village bohemian during his obscenity trials, with a manuscript note and drawing. $300 to $500.
    Doyle, June 25: Schiff's scarce Shanghai Sketchbook. $300 to $500.
    Doyle, June 25: The first accurate published representation of the American flag. $2,000 to $4,000.

Rare Book Monthly

Articles - October - 2019 Issue

Collections Moving On, But Whereto?

Salisbury House (Wikipedia photo).

Salisbury House (Wikipedia photo).

This is an extraordinarily fluid time for book collections. The 21st century, not yet even a fifth of the way along, has seen enormous changes. Much of it has been spurred on by the development of digital books which, to a significant extent, made the printed ones unnecessary (though to many, no less desirable). Meanwhile, the cost of maintaining and storing physical books, particularly fragile antiquarian ones, is substantial, while their use in libraries has diminished. Digital copies make access to text instantaneous from anyplace in the world with no need to visit libraries. And, the younger generation is accessing information in many new ways, often replacing physical books.

 

Is this the end, or has the book's demise been greatly exaggerated? One thing is clear. Great changes are happening, and change, even for the good, can be stressful. A couple of stories recently caught our eye, and if they don't give us final answers, they illustrate the fluidity of the situation.

 

The Iowa Museum Association recently leveled some criticism of Salisbury House on the sale of its book collection to Grinnell College. Salisbury House may not be well known outside of its native state of Iowa, but it is a spectacular mansion in Des Moines. It contains 42 rooms in 22,000 square feet. It was built in the 1920s by Carl and Edith Weeks. They made a fortune in cosmetics, inventing a make-up foundation. That enabled them to build a home patterned on the King's House in Salisbury, England. Along with building the castle, they built magnificent collections, of art, books, sculpture, musical instruments, and such. It was eventually donated to charity and today is run by the Salisbury House Foundation.

 

As with many smaller museums, financing has not been easy in recent years. The house needed a new roof, stabilization, and repairs. Income was insufficient. They had to borrow funds, creating a debt of almost $2 million. The Director chose to sell its collection of 5,000 books. The Weeks were high-end collectors, so there was a ready market. Fortunately, an interested buyer was found in state. Grinnell College, in nearby Grinnell, has an exceptional reputation and healthy resources. It bought the collection. Among the books was a Shakespeare Second Folio, a Gutenberg leaf, galley proofs for James Joyce's Tales Told of Shem and Shaun (later titled Finnegans Wake), a signed 1935 Ulysses illustrated by Henri Matisse, signed books and documents from French King Louis XVI, the Marquis de Lafayette, Queen Elizabeth I, John Hancock, Abraham Lincoln, Cardinal Richelieu, U. S. Grant, Walt Whitman, Mark Twain, and other well-known people, a Kelmscott Chaucer, numerous items of incunabula, and correspondence between Carl Weeks and noted authors including Ernest Hemingway and D. H. Lawrence. No price was given, but Salisbury House's Director pointed out that this transaction will resolve its debts, that the collection will remain intact, in state, and be more accessible than ever and well cared for. She said this is something to be "celebrated," as opposed to being something "sinister."

 

Nonetheless, the Iowa Museum Association disapproved. While expressing sympathy for Salisbury's financial strains, and saying "deaccessioning is an accepted and routine practice," the IMA continues, "collections should never be seen as commodities to be sold in order to balance a budget." They cite guidelines from several organizations, such as "historical resources shall not be used to provide financial support for institutional operations, facilities maintenance or any reason other than preservation or acquisition of collections." The guidelines say items from collections may be sold to preserve others in a collection, or purchase new items for a collection, but should never be used to fund operations or capital expenses. They should be used only on the collections themselves.

 

All well and good, but Salisbury House was in a bind. Considering that they found a way to keep the book collection together, make it more accessible, and provide better for its preservation than they could themselves, I think Salisbury House deserves a pass on this. This story could have had a much worse ending. Salisbury House was a good steward of the book collection considering the circumstances. Still, not even this guarantees Salisbury House's long term viability.

 

Now for a story that may not have as favorable an ending. A letter recently appeared in the Nelson Star, of Nelson, BC, Canada. The writer identified himself as Dr. John R. Dale, age 75, owner of a collection of 300-plus books related to the polar regions, and 1,500 books in philosophy and the sciences. He did not list any titles or values, but has been collecting them for a long time. We presume that Dr. Dale was not of wealth such as the Weeks, that he built an interesting collection in his fields of interest, but probably had books worth, perhaps, hundreds of dollars, but not tens of thousands or more such as the Weeks had.

 

Like Salisbury House, Dale wants to keep the collection together, wants to see it preserved in an institution that appreciates and will care for the books. He has no expectations of financial recompense. He just wants to give away his collection to an institution. He found no takers.

 

Writes Dr. Dale, "I have approached Simon Fraser University, UBC (Vancouver and Okanagan), Selkirk College and finally the Nelson Public Library. Typical responses were 'most students read on an iPad' and 'Oh, how interesting but we just don’t have room for them,' or 'can you deliver them all to us but we may not be able to put them on a shelf.' In addition I have had some offers to buy some of the rare books (no chance). Two professors from UBC did check out the library but there was interest in cherry-picking some books only.

 

 

"The Nelson library, which on taking them and making room, would have had a collection of modern philosophy books surpassed only by McGill University Library and maybe the one at McMaster, declined the offer. They informed me the books were far too esoteric for the average Nelson reader and were too academic."

 

Dale concluded, "So it seems like the age of bibliophiles has passed, with a few dinosaurs around who actually read serious books."

 

He did point out that some individuals have expressed an interest in taking the entire collection, but one wonders whether they are collectors or eBay sellers.

 

We don't know how Dr. Dale's situation will conclude, but we do know this - he is not alone. This is happening to a growing number of collectors today, and that number will continue to grow. Anything short of substantial value will be harder and harder to place. Institutions will not/cannot take on the costs of maintaining book collections rarely used by their patrons. Unless values are significant, dealers don't much want to inventory these books and auctions are raising their standards as to what they want to expend resources on selling. Supply and demand do not seem to be in balance. These situations, in time, resolve themselves, but how and when are unknowns. Stay tuned.


Posted On: 2019-10-01 04:08
User Name: mairin

A good piece. It brings timely attention to a serious situation
facing aging collectors, and stewards of large book collections.
Thank you, Mike.
- MEM


Rare Book Monthly

  • Bonhams, June 14-23: Palm-reading, astrology, and more. Estimate: $2,000 - 3,000
    Bonhams, June 14-23: Benjamin Franklin. Sammelband of 45 papers on electricity. Estimate: $8,000 - 12,000
    Bonhams, June 14-23: The basis for the whole modern electric-power industry. Estimate: $4,000 - 6,000
    Bonhams, June 14-23: Edgar Allen Poe. Poe on Mesmerism. Estimate: $2,500 - 3,500
    Bonhams, June 14-23: Reformation - The Architect of Lutheranism on Church Unity and Dissent. Estimate: $100,000 - 150,000
    Bonhams, June 14-23: The Rare 3-Paper Offprint Identifying the Double Helix Structure of DNA, Signed by Crick, Wilkins, Wilson, Stokes and Gosling. Estimate: $40,000 - 60,000
    Bonhams, June 14-23: Autograph book and Report from the Thirtieth Indian National Congress, featuring the signatures of Mahatma Gandhi, Rabindranath Tagore, and Dadabhai Naoroji. Estimate: $6,000 - 8,000
    Bonhams, June 14-23: An Illustrated Miniature Hebrew Prayerbook Manuscript. Estimate: $30,000 - 50,000
    Bonhams, June 14-23: Autograph Working Draft of Arthur Conan Doyle's The Death Voyage. Estimate: $30,000 - 50,000
    Bonhams, June 14-23: "Perhaps the most celebrated and most beautiful herbal ever published." Estimate: $15,000 - 20,000
    Bonhams, June 14-23: Izaak Walton. The Compleat Angler or the Contemplative man's Recreation. Being a Discourse of Fish and Fishing. Estimate: $12,000 - 18,000
    Bonhams, June 14-23: A rare product of the Jaquard loom. Estimate: $8,000 - 12,000
  • Freeman’s, June 30. Thomas Jefferson’s “Birth of the New Nation” letter, carried to Paris with the Treaty of Peace, by a Jewish patriot. $100,000-200,000.
    Freeman’s, June 30. “The rockets’ red glare.” A British midshipman’s log recording the bombardment of Fort McHenry. $60,000-80,000.
    Freeman’s, June 30. The Critical Promotion of a Naval Hero, Oliver Hazard Perry Commission signed by James Madison, 1812. $40,000-60,000.
    Freeman’s, June 30. Born in the USA: First Day of Printing in the United States, July 4, 1776. $15,000-25,000.
    Freeman’s, June 30. One of the Earliest Printed Announcements of American Independence, in the Exceedingly Rare Original Wrappers, 1776. $10,000-15,000.
    Freeman’s, June 30. "The Two Big Guns of the N.Y. Yanks": A Striking Type 1 Press Photograph of Lou Gehrig's Hands. $8,000-12,000.
    Freeman’s, June 30. A Unique Contemporary Manuscript Account of Joseph Smith's Final Words to His Followers, the Day Before his Violent Death. $8,000-12,000.
    Freeman’s, June 30. The State of Minnesota Officially Certifies the Fourteenth Amendment to the Constitution Of the United States. $8,000-12,000.
    Freeman’s, June 30. Extraordinarily Large Manuscript Petition Signed by a Who's Who of Colonial New York to Queen Anne from the Colony of New York. $8,000-12,000.
    Freeman’s, June 30. Mickey Mantle's First Cover: The Earliest Front-Page Newspaper Image of Mickey Mantle, "Something Good from Joplin". $8,000-12,000.
    Freeman’s, June 30. A Call to Arms in the Months Following the Declaration of Independence: An Early Continental Army Recruitment Poster. $6,000-9,000.
    Freeman’s, June 30. Samuel Jones, the Statesman Behind the Newly Discovered "Jones Declaration": His Annotated Set Used in His Working Law Library. $6,000-9,000.

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