How the ‘King of Manuscripts’ Became the Madoff of ‘France’
- by Bruce E. McKinney
Page 1 of a 3 page story Ponzi Scheme
It’s an uncommon occurrence that rare books and manuscripts dominate the news in an issue of the New York Sunday Times. Nevertheless it occurred on February 23rd, 2020. Even more surprisingly it’s an old, unsettling story.
This is not a new story. We’ve written 4 articles about the French firm Aristophil and what turned out to be a Ponzi scheme about rare and collectible paper. This subject has been thoroughly discussed at Rare Book Hub between April 2015 and December 2019 but the Times released a fresh 3 full-page story that gives this saga added significance given the timing may dampen the animal spirits of the rare book and manuscript trade that often luxuriate over the dealers, crowds and material that will soon be standing cheek by jowl at the Armory at 66th and Park over the March 5-8 at the most important book and manuscript fair in the western world.
It’s a reminder how important trust is, and how damaging it is if buyers are betrayed.
The Times story is accessible on their online edition dated February 23rd, 2020.
If you subscribe to print or electronic editions of the New York Times or simply search on Google as:
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Botany.- Andrews (H.C.) Coloured Engravings of Heaths, 4 vol. in 2, first edition, [1710,--94]-1802-1809-[1830]. £10,000 - £15,000.
Forum, Mar. 25: Butterflies.- Cramer (Pierre) and Caspar Stoll. De Uitlandsche Kapellen voorkomende in de drie Waereld-Deelen…,, 5 vol., Amsterdam & Utrecht, 1779-91. £8,000 - £12,000.
Forum, Mar. 25: Voyages.- Darwin (Charles) and others. Narrative of the Surveying Voyages of His Majesty's Ships Adventure and Beagle, 3 vol. in 4, including Appendix to vol.2, first edition, 1839. £8,000 - £12,000.
Forum, Mar. 25: Butterflies.- de Graaf (Willem Diederik Vincent). [Inlandsche Kapellen in beeld], 170 fine original watercolours, [Enkhuizen], [1800-40]. £8,000 - £12,000.
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Birds.- Dresser (Henry Eeles). A History of the Birds of Europe, 9 vol., including supplement, first edition, by the author, 1871-96. £6,000 - £8,000.
Forum, Mar. 25: Zoology.- Felines.- Elliot (Daniel Giraud). A Monograph of the Felidæ or Family of the Cats, first edition, for the Subscribers, by the Author, [1878]-1883. £25,000 - £30,000.
Forum, Mar. 25: Birds.- Frisch (Johann Leonard). Vorstellung der Vögel Deutschlandes, 2 vol., first edition, Berlin, Friedr. Wilhelm Birnsteil, [1736]-1763. £40,000 - £60,000.
Forum, Mar. 25: Birds.- Gould (John). The Birds of Great Britain, 5 vol., first edition, by the author, 1862-1873. £30,000 - £40,000.
Forum Auctions Natural History: The remaining stock of Antiquariaat Junk, 1899-2026 25 March 2026
Forum, Mar. 25: Pomology.- France.- Poiteau (A.) Pomologie Française. Recueil des Plus Beaux Fruits cultivés en France, 4 vol., Paris, 1846. £30,000 - £40,000.
Forum, Mar. 25: Botany.- [Robin (Jean)]. Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,, 1620; with Geoffrey Linocier L'Histoire des plantes, second edition, 1619-20. £3,000 - £4,000.
Forum, Mar. 25: Asia.- Japan.- Siebold (P.F. von). Nippon. Archiv zur Beschreibung von Japan, 7 parts in 6 vol., first edition, Leyden, [1832]-1852. £35,000 - £45,000.
Forum, Mar. 25: Asia.- Valentijn (Francois). Oud en Nieuw Oost-Indiën..., 5 vol. in 8, first edition, Dordrecht [&] Amsterdam, 1724-26. £8,000 - £12,000.
Forum, Mar. 25: Botany.- Australia.- Redouté (P.J.).- Ventenat (Étienne Pierre). Jardin de la Malmaison, 2 vol.,, Paris, 1803-04[-05]. £30,000 - £40,000.
ALDE, Mar. 11: AUGUSTIN (Saint). De civitate Dei. Rome, Konrad Sweynheym et Arnold Pannartz, 1470. €20,000 - €30,000.
ALDE, Mar. 11: [REGNART (LE LIVRE DE)]. [Le] Docteur en malice, maistre Regnard, demonstrant les ruzes et cautelles qu'il use envers les personnes… Rouen, 1550. €20,000 - €30,000.
ALDE, Mar. 11: TRITHÈME (JEAN). Polygraphie et universelle escriture cabalistique. Paris, [Benoît Prévost pour] Jacques Kerver, 1561. €8,000 - €10,000.
ALDE, Mar. 11: CAUS (SALOMON DE). La Perspective, avec la raison des ombres et des miroirs. Londres, John Norton, 1612.
ALDE, Mar. 11: NICERON (JEAN-FRANÇOIS). La Perspective curieuse ou magie artificielle des effets merveilleux de l'optique. Paris, Pierre Billaine, 1638. €6,000 - €8,000.
ALDE, Mar. 11: VONTET (JACQUES). L’Art de trancher la viande et toute sorte de fruits… S.l.n.d. [probablement Lyon, vers 1647]. €20,000 - €30,000.
ALDE, Mar. 11: HUGO (VICTOR). [Paysage spectral avec une église], [vers 1837]. €20,000 - €30,000.
ALDE, Mar. 11: [HERVEY DE SAINT-DENYS (LÉON D')]. Les Rêves et les Moyens de les diriger. Observations pratiques. Paris, Amyot, 1867. €3,000 - €4,000.
ALDE, Mar. 11: GACHET (PAUL-FERDINAND). Les Chats de Gachet (Manuscrit). S.d. [avant mai 1873]. €6,000 - €8,000.
ALDE, Mar. 11: [REDON (ODILON)]. PICARD (EDMOND). Le Juré. Monodrame en cinq actes… Bruxelles, Mme veuve Monnom, 1887. €7,000 - €9,000.
ALDE, Mar. 11: [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. MONTORGUEIL (GEORGES). Le Café-concert. Paris, [1893]. €4,000 - €5,000.
ALDE, Mar. 11: [TERRY (EMILIO)]. Projet de fontaine. Dessin original au stylo et à l'encre noire. 1938. €2,000 - €3,000.
![<b>Forum, Mar. 25:</b> Botany.- Andrews (H.C.) <i>Coloured Engravings of Heaths,</i> 4 vol. in 2, first edition, [1710,--94]-1802-1809-[1830]. £10,000 - £15,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/c8ea395f-160f-48d0-8c6f-eb14b9c7bdf5.jpg "<b>Forum, Mar. 25:</b> Botany.- Andrews (H.C.) <i>Coloured Engravings of Heaths,</i> 4 vol. in 2, first edition, [1710,--94]-1802-1809-[1830]. £10,000 - £15,000.")
![<b>Forum, Mar. 25:</b> Butterflies.- de Graaf (Willem Diederik Vincent). <i>[Inlandsche Kapellen in beeld],</i> 170 fine original watercolours, [Enkhuizen], [1800-40]. £8,000 - £12,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/28c2fdc6-b72e-497e-9838-b2418859500f.jpg "<b>Forum, Mar. 25:</b> Butterflies.- de Graaf (Willem Diederik Vincent). <i>[Inlandsche Kapellen in beeld],</i> 170 fine original watercolours, [Enkhuizen], [1800-40]. £8,000 - £12,000.")
![<b>Forum, Mar. 25:</b> Zoology.- Felines.- Elliot (Daniel Giraud). <i>A Monograph of the Felidæ or Family of the Cats,</i> first edition, for the Subscribers, by the Author, [1878]-1883. £25,000 - £30,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/74388261-9139-43c1-bb56-f1801a1d2175.jpg "<b>Forum, Mar. 25:</b> Zoology.- Felines.- Elliot (Daniel Giraud). <i>A Monograph of the Felidæ or Family of the Cats,</i> first edition, for the Subscribers, by the Author, [1878]-1883. £25,000 - £30,000.")
![<b>Forum, Mar. 25:</b> Birds.- Frisch (Johann Leonard). <i>Vorstellung der Vögel Deutschlandes,</i> 2 vol., first edition, Berlin, Friedr. Wilhelm Birnsteil, [1736]-1763. £40,000 - £60,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/7b144b2a-cde0-4b1f-be06-fa9568cf4aea.jpg "<b>Forum, Mar. 25:</b> Birds.- Frisch (Johann Leonard). <i>Vorstellung der Vögel Deutschlandes,</i> 2 vol., first edition, Berlin, Friedr. Wilhelm Birnsteil, [1736]-1763. £40,000 - £60,000.")
![<b>Forum, Mar. 25:</b> Botany.- [Robin (Jean)]. <i>Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,</i>, 1620; with Geoffrey Linocier <i>L'Histoire des plantes,</i> second edition, 1619-20. £3,000 - £4,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/9a2a2dbe-8edf-4091-9a08-800f7aba747e.jpg "<b>Forum, Mar. 25:</b> Botany.- [Robin (Jean)]. <i>Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,</i>, 1620; with Geoffrey Linocier <i>L'Histoire des plantes,</i> second edition, 1619-20. £3,000 - £4,000.")
![<b>Forum, Mar. 25:</b> Asia.- Japan.- Siebold (P.F. von). <i>Nippon. Archiv zur Beschreibung von Japan,</i> 7 parts in 6 vol., first edition, Leyden, [1832]-1852. £35,000 - £45,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/9b1bf9d0-4e40-41d0-9957-d89a37e1313c.jpg "<b>Forum, Mar. 25:</b> Asia.- Japan.- Siebold (P.F. von). <i>Nippon. Archiv zur Beschreibung von Japan,</i> 7 parts in 6 vol., first edition, Leyden, [1832]-1852. £35,000 - £45,000.")
![<b>Forum, Mar. 25:</b> Asia.- Valentijn (Francois). <i>Oud en Nieuw Oost-Indiën...,</i> 5 vol. in 8, first edition, Dordrecht [&] Amsterdam, 1724-26. £8,000 - £12,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/7ade0e81-f47b-45b3-bd2c-123a0469d82f.jpg "<b>Forum, Mar. 25:</b> Asia.- Valentijn (Francois). <i>Oud en Nieuw Oost-Indiën...,</i> 5 vol. in 8, first edition, Dordrecht [&] Amsterdam, 1724-26. £8,000 - £12,000.")
![<b>Forum, Mar. 25:</b> Botany.- Australia.- Redouté (P.J.).- Ventenat (Étienne Pierre). <i>Jardin de la Malmaison,</i> 2 vol.,, Paris, 1803-04[-05]. £30,000 - £40,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0bc6575a-a6e5-44f6-8664-66fbad19c190.jpg "<b>Forum, Mar. 25:</b> Botany.- Australia.- Redouté (P.J.).- Ventenat (Étienne Pierre). <i>Jardin de la Malmaison,</i> 2 vol.,, Paris, 1803-04[-05]. £30,000 - £40,000.")
![<b>ALDE, Mar. 11:</b> [REGNART (LE LIVRE DE)]. <i>[Le] Docteur en malice, maistre Regnard, demonstrant les ruzes et cautelles qu'il use envers les personnes…</i> Rouen, 1550. €20,000 - €30,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/ddd3b34c-8abc-4eae-8474-6ea05406ccd0.jpg "<b>ALDE, Mar. 11:</b> [REGNART (LE LIVRE DE)]. <i>[Le] Docteur en malice, maistre Regnard, demonstrant les ruzes et cautelles qu'il use envers les personnes…</i> Rouen, 1550. €20,000 - €30,000.")
![<b>ALDE, Mar. 11:</b> TRITHÈME (JEAN). <i>Polygraphie et universelle escriture cabalistique.</i> Paris, [Benoît Prévost pour] Jacques Kerver, 1561. €8,000 - €10,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/cbc8d1a4-d991-48c7-b788-7554a6774b0e.jpg "<b>ALDE, Mar. 11:</b> TRITHÈME (JEAN). <i>Polygraphie et universelle escriture cabalistique.</i> Paris, [Benoît Prévost pour] Jacques Kerver, 1561. €8,000 - €10,000.")
![<b>ALDE, Mar. 11:</b> VONTET (JACQUES). <i>L’Art de trancher la viande et toute sorte de fruits…</i> S.l.n.d. [probablement Lyon, vers 1647]. €20,000 - €30,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/21ad2e05-5544-44aa-887d-76df423e17af.jpg "<b>ALDE, Mar. 11:</b> VONTET (JACQUES). <i>L’Art de trancher la viande et toute sorte de fruits…</i> S.l.n.d. [probablement Lyon, vers 1647]. €20,000 - €30,000.")
![<b>ALDE, Mar. 11:</b> HUGO (VICTOR). [Paysage spectral avec une église], [vers 1837]. €20,000 - €30,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/dc734df9-0811-477f-919a-2563b8452855.jpg "<b>ALDE, Mar. 11:</b> HUGO (VICTOR). [Paysage spectral avec une église], [vers 1837]. €20,000 - €30,000.")
![<b>ALDE, Mar. 11:</b> [HERVEY DE SAINT-DENYS (LÉON D')]. <i>Les Rêves et les Moyens de les diriger. Observations pratiques.</i> Paris, Amyot, 1867. €3,000 - €4,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/7e769889-43a5-495e-a931-c511da576c2b.jpg "<b>ALDE, Mar. 11:</b> [HERVEY DE SAINT-DENYS (LÉON D')]. <i>Les Rêves et les Moyens de les diriger. Observations pratiques.</i> Paris, Amyot, 1867. €3,000 - €4,000.")
![<b>ALDE, Mar. 11:</b> GACHET (PAUL-FERDINAND). <i>Les Chats de Gachet</i> (Manuscrit). S.d. [avant mai 1873]. €6,000 - €8,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/855dc2c0-17e3-4562-a1cc-2e7265c3769c.jpg "<b>ALDE, Mar. 11:</b> GACHET (PAUL-FERDINAND). <i>Les Chats de Gachet</i> (Manuscrit). S.d. [avant mai 1873]. €6,000 - €8,000.")
![<b>ALDE, Mar. 11:</b> [REDON (ODILON)]. PICARD (EDMOND). <i>Le Juré. Monodrame en cinq actes…</i> Bruxelles, Mme veuve Monnom, 1887. €7,000 - €9,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/b325eb41-450b-4bd6-851c-4125e04dfbe7.jpg "<b>ALDE, Mar. 11:</b> [REDON (ODILON)]. PICARD (EDMOND). <i>Le Juré. Monodrame en cinq actes…</i> Bruxelles, Mme veuve Monnom, 1887. €7,000 - €9,000.")
![<b>ALDE, Mar. 11:</b> [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. MONTORGUEIL (GEORGES). <i>Le Café-concert.</i> Paris, [1893]. €4,000 - €5,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/6588f3a0-90f2-464c-8125-a76866eabe85.jpg "<b>ALDE, Mar. 11:</b> [TOULOUSE-LAUTREC (HENRI DE) ET HENRI-GABRIEL IBELS]. MONTORGUEIL (GEORGES). <i>Le Café-concert.</i> Paris, [1893]. €4,000 - €5,000.")
![<b>ALDE, Mar. 11:</b> [TERRY (EMILIO)]. <i>Projet de fontaine.</i> Dessin original au stylo et à l'encre noire. 1938. €2,000 - €3,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0840c8e4-4f35-4c95-b2d3-3d5addd6fd51.jpg "<b>ALDE, Mar. 11:</b> [TERRY (EMILIO)]. <i>Projet de fontaine.</i> Dessin original au stylo et à l'encre noire. 1938. €2,000 - €3,000.")