Shapero Rare Books' Parent Reports Small Monthly Loss
- by Michael Stillman
Shapero Rare Books (Scholium Group website photo).
The past few years have not been the easiest for antiquarian booksellers. The last thing anyone needed was a crisis that forced shops to close, people to retreat behind the walls of their homes and rarely stick their heads out. But, here we are. Most booksellers get to suffer in silence, but Scholium Group, parent of venerable bookseller Shapero Rare Books, is a public company. They need to update their shareholders.
Early last month, Scholium reported they were experiencing “a small monthly loss.” Scholium has two other newer businesses, one selling stamps, the other doing joint sales with other dealers. However, Shapero Rare Books is their largest business. In their last reported six-month period, ending last September, Scholium was able to report that they had achieved a small profit, significant improvements over both the previous six-month period, and the six-month period ending in September of 2018. Shapero had suffered the usual doldrums many booksellers experienced, exacerbated by having a substantial business in the particularly challenged field of Russian books. Nonetheless, they had turned the corner.
That can only make the market contraction caused by the coronavirus outbreak even more disheartening. Scholium noted that Shapero's retail premises were closed to the public, though it and the other divisions maintained business at a lower level online and by phone. But, despite undertaking cost-cutting measures, they were not able to prevent monthly losses, though the firm reported that the losses (exact amount unspecified) were small. In a statement the company released, Scholium reported, “As a result, and taking into account various cost savings that have been achieved by the board, including the furloughing of several members of staff, the group as a whole is currently trading at a small monthly loss.”
On a positive note, Scholium reported that it had inventory worth over €8 million along with €270,000 (approximately US $300,000) in cash. Nonetheless, their stock price slipped to a new low at £25 shortly after the announcement.
Il Ponte, Feb. 25-26: HAMILTON, Sir William (1730-1803) - Campi Phlegraei. Napoli: [Pietro Fabris], 1776, 1779. € 30.000 - 50.000
Il Ponte, Feb. 25-26: [MORTIER] - BLAEU, Joannes (1596-1673) - Het Nieuw Stede Boek van Italie. Amsterdam: Pieter Mortier, 1704-1705. € 15.000 - 25.000
Il Ponte, Feb. 25-26: TULLIO D'ALBISOLA (1899-1971) - Bruno MUNARI (1907-1998) - L'Anguria lirica (lungo poema passionale). Roma e Savona: Edizioni Futuriste di Poesia, senza data [ma 1933?]. € 20.000 - 30.000
Il Ponte, Feb. 25-26: IL MANOSCRITTO RITROVATO DI IPPOLITA MARIA SFORZA. TITO LIVIO - Ab Urbe Condita. Prima Decade. Manoscritto miniato su pergamena, metà XV secolo. € 280.000 - 350.000
Sotheby's Fine Books & Manuscripts Available for Immediate Purchase
Sotheby’s: Balthus, Emily Brontë. Wuthering Heights, New York: The Limited Editions Club, 1993. 6,600 USD.
Sotheby’s: Charles Dickens. Complete Works, Philadelphia & London: J.B. Lippincott Company & Chapman & Hall, LD, 1850. Limited Edition set of 30 volumes. 7,500 USD.
Sotheby’s: John Lennon, Yoko Ono. Handwritten Letter from John Lennon and Yoko Ono to their Chauffer. 1971. 32,500 USD.
Sotheby’s: Winston Churchill. First edition of War Speeches, Cassell and Company, Ltd., 1941. Set of 7 volumes. 5,500 USD.
Sotheby’s: Andy Warhol, Julia Warhola. Holy Cats First Edition, Signed by Andy Warhol. 1954. 30,000 USD.
Old World Auctions (Feb 11): Lot 11. Blaeu's Superb World Map on a Polar Projection (1695) Est. $5,500 - $7,000
Old World Auctions (Feb 11): Lot 36. Schedel's Ancient World Map with Humanoid Creatures (1493) Est. $14,000 - $17,000
Old World Auctions (Feb 11): Lot 49. One of the First Lunar Globes to Show the Far Side of the Moon (1963) Est. $1,000 - $1,300
Old World Auctions (Feb 11): Lot 5. The First World Map with Lavish Allegorical Vignettes of the Continents (1594) Est. $15,000 - $17,000
Old World Auctions (Feb 11): Lot 55. Anti-British Propaganda Map with Churchill as an Octopus (1942) Est. $2,000 - $2,300
Old World Auctions (Feb 11): Lot 197. One of the Most Influential Maps of Westward Expansion (1846) Est. $9,500 - $12,000
Old World Auctions (Feb 11): Lot 10. Scarce Pitt Edition of Carte-a-Figures Map of the World (1680) Est. $9,500 - $11,000
Old World Auctions (Feb 11): Lot 220. A Fine, Early Rendering of San Francisco (1874) Est. $2,200 - $2,500
Old World Auctions (Feb 11): Lot 707. Hand-Colored Image of the Presentation of Jesus with Gilt Highlights (1450) Est. $1,600 - $1,900
Old World Auctions (Feb 11): Lot 80. One of the Most Important Maps Perpetuating the Myth of the Island of California (1680) Est. $3,250 - $4,000
Old World Auctions (Feb 11): Lot 725. Homann's Atlas Featuring 26 Folio-Sized Maps in Original Color (1715) Est. $4,500 - $5,500
Old World Auctions (Feb 11): Lot 169. One of the Earliest Maps to Show Philadelphia (1695) Est. $4,750 - $6,000
Gros & Delettrez, Feb. 11: DALVIMART, Octavien ou d’ALVIMAR(T). The Costume of Turkey
Gros & Delettrez, Feb. 11: DALVIMART, Octavien ou d’ALVIMAR(T)]. CLARK. The Military Costume of Turkey
Gros & Delettrez, Feb. 11: HOMMAIRE DE HELL, Ignace-Xavier. LAURENS, Jules. Voyage en Turquie et en Perse
Gros & Delettrez, Feb. 11: POSTEL, Guillaume. De la République des Turc
Forum Auctions Online: India Ends 19th February 2026
Forum, Feb. 19: Lot 40 Ramasvami (Kavali Venkata). A Digest of the Different Castes of India, 83 charming hand-coloured lithographed plates, Madras, 1837. £5,000-7,000
Forum, Feb. 19: Lot 50 Watson (John Forbes) & John William Kaye. The People of India: A Series of Photographic Illustrations...of the Races and Tribes of Hindustan, 8 vol., 480 mounted albumen prints, 1868-75. £4,000-6,000
Forum, Feb. 19: Lot 53 Afghanistan.- Elphinstone (Hon. Mountstuart). An Account of the Kingdom of Caubul, first edition, hand-coloured aquatint plates, a fine copy, 1815. £2,000-3,000
Forum, Feb. 19: Lot 57 [Album and Treatise on Hinduism], manuscript treatise on Hinduism in French, 31 watercolours of Hindu deities, Pondicherry, 1865. £3,000-4,000
Forum, Feb. 19: Lot 62 Allan (Capt. Alexander). Views in the Mysore Country,
[1794]. £2,000-3,000
Forum Auctions Online: India Ends 19th February 2026
Forum, Feb. 19: Lot 76 Bird (James). Historical Researches on the Origin and Principles of the Bauddha and Jaina Religions..., first edition, lithographed plates, Bombay, American Mission Press, 1847. £3,000-4,000
Forum, Feb. 19: Lot 100 Ceylon.- Daniell (Samuel). A Picturesque Illustration of the scenery, animals, and native inhabitants, of the Island of Ceylon: in twelve plates, 1808. £5,000-7,000
Forum, Feb. 19: Lot 123 D'Oyly (Charles). Behar Amateur Lithographic Scrap Book, lithographed throughout with title and 55 plates mounted on 43 paper leaves, [Patna], [1828]. £3,000-5,000
Forum, Feb. 19: Lot 139 Gandhi (known as Mahatma Gandhi,) Fine Autograph Letter signed to Jawaharlal Nehru, Sevagram, Wardha, 1942, emphasising the importance of education in rural communities. £10,000-15,000
Forum Auctions Online: India Ends 19th February 2026
Forum, Feb. 19: Lot 140 Gantz (John). Indian Microcosm, first edition, Madras, John Gantz & Son, 1827. £10,000-15,000
Forum, Feb. 19: Lot 146 Grierson (Sir George Abraham). Linguistic Survey of India, 11 vol. in 20, folding maps, original cloth, Calcutta, Superintendent Government Printing, 1903-28. £2,000-3,000
Forum, Feb. 19: Lot 195 Madras.- Fort St. George Gazette (The), No.276-331, pp.493-936 and Index to all of 1834 at end, modern half calf, Madras, 2nd July - 31st December 1834. £2,000-3,000
Forum, Feb. 19: Lot 205 Marshall (Sir John) and Alfred Foucher. The Monuments of Sanchi, 3 vol., first edition, 141 plates, most photogravure, [Calcutta], [1940]. £3,000-4,000
![<b>Il Ponte, Feb. 25-26:</b> HAMILTON, Sir William (1730-1803) - Campi Phlegraei. Napoli: [Pietro Fabris], 1776, 1779. € 30.000 - 50.000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/0372eeb9-97e1-47b2-baca-b3287d4704ee.jpg "<b>Il Ponte, Feb. 25-26:</b> HAMILTON, Sir William (1730-1803) - Campi Phlegraei. Napoli: [Pietro Fabris], 1776, 1779. € 30.000 - 50.000")
![<b>Il Ponte, Feb. 25-26:</b> [MORTIER] - BLAEU, Joannes (1596-1673) - Het Nieuw Stede Boek van Italie. Amsterdam: Pieter Mortier, 1704-1705. € 15.000 - 25.000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/8f9ce440-b420-4407-8293-eb8e1b38ca19.jpg "<b>Il Ponte, Feb. 25-26:</b> [MORTIER] - BLAEU, Joannes (1596-1673) - Het Nieuw Stede Boek van Italie. Amsterdam: Pieter Mortier, 1704-1705. € 15.000 - 25.000")
![<b>Il Ponte, Feb. 25-26:</b> TULLIO D'ALBISOLA (1899-1971) - Bruno MUNARI (1907-1998) - L'Anguria lirica (lungo poema passionale). Roma e Savona: Edizioni Futuriste di Poesia, senza data [ma 1933?]. € 20.000 - 30.000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/71bb9667-5d66-4aa8-96a2-9880c74a7a26.jpg "<b>Il Ponte, Feb. 25-26:</b> TULLIO D'ALBISOLA (1899-1971) - Bruno MUNARI (1907-1998) - L'Anguria lirica (lungo poema passionale). Roma e Savona: Edizioni Futuriste di Poesia, senza data [ma 1933?]. € 20.000 - 30.000")
![<b>Gros & Delettrez, Feb. 11:</b> DALVIMART, Octavien ou d’ALVIMAR(T)]. CLARK. The Military Costume of Turkey](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/ca2d66a9-721d-4878-a2eb-51a7bb9a3889.jpg "<b>Gros & Delettrez, Feb. 11:</b> DALVIMART, Octavien ou d’ALVIMAR(T)]. CLARK. The Military Costume of Turkey")
![<b>Forum, Feb. 19:</b> Lot 57<br>[Album and Treatise on Hinduism], manuscript treatise on Hinduism in French, 31 watercolours of Hindu deities, Pondicherry, 1865. £3,000-4,000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/f70b3790-9b4a-4990-b402-f0322021c0de.jpg "<b>Forum, Feb. 19:</b> Lot 57<br>[Album and Treatise on Hinduism], manuscript treatise on Hinduism in French, 31 watercolours of Hindu deities, Pondicherry, 1865. £3,000-4,000")
![<b>Forum, Feb. 19:</b> Lot 62 Allan (Capt. Alexander). <i>Views in the Mysore Country,</i>
[1794]. £2,000-3,000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/ad2cf7b4-4d93-4231-a956-b440583b39b3.jpg "<b>Forum, Feb. 19:</b> Lot 62 Allan (Capt. Alexander). <i>Views in the Mysore Country,</i>
[1794]. £2,000-3,000")
![<b>Forum, Feb. 19:</b> Lot 123<br>D'Oyly (Charles). <i>Behar Amateur Lithographic Scrap Book,</i> lithographed throughout with title and 55 plates mounted on 43 paper leaves, [Patna], [1828]. £3,000-5,000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/5651043b-3c0d-4e2c-931f-72133bda9b36.jpg "<b>Forum, Feb. 19:</b> Lot 123<br>D'Oyly (Charles). <i>Behar Amateur Lithographic Scrap Book,</i> lithographed throughout with title and 55 plates mounted on 43 paper leaves, [Patna], [1828]. £3,000-5,000")
![<b>Forum, Feb. 19:</b> Lot 205<br>Marshall (Sir John) and Alfred Foucher. <i>The Monuments of Sanchi,</i> 3 vol., first edition, 141 plates, most photogravure, [Calcutta], [1940]. £3,000-4,000](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/8c8244b7-4573-44d3-9c70-e0d3a3ed3cc4.jpg "<b>Forum, Feb. 19:</b> Lot 205<br>Marshall (Sir John) and Alfred Foucher. <i>The Monuments of Sanchi,</i> 3 vol., first edition, 141 plates, most photogravure, [Calcutta], [1940]. £3,000-4,000")