Shapero Rare Books Parent Company Projects Loss for the Year
- by Michael Stillman
The caronavirus epidemic has reversed profits.
There is a ton of anecdotal information leading one to believe this is not an easy time for booksellers. There are comments from dealers themselves, along with the fact that virtually every business outside of delivering goods to your home or providing medical equipment is suffering. Now we have a report issued by the one publicly traded bookseller, Shapero Rare Books' parent Scholium Group. They are warning shareholders that this six-month period will be in the red.
Their previous six-month period, which ended March 31, produced a small loss, a disappointment after the previous such period was profitable. Unfortunately, the pandemic got in the way during that last month of their fiscal year and they were forced to shut down Shapero Rare Books' shop. Still, the company was able to eke out a profit for the year.
On May 28, Scholium issued an update. They announced that they expect to incur a loss in the first half of their new fiscal year, which ends on September 30. They did not say how great the loss would be, but did not qualify it as a “small” loss as they did for the last six months period. They also may have indicated it would be larger by saying they do not expect the first half of the year loss will be recouped in the second half. Projecting a loss for the year only two month into it may imply that these are particularly tough times. However, they did indicate they expect their retail store to reopen in the middle of June. Meanwhile, sales are continuing, albeit at a reduced pace, through telephone and internet orders.
Scholium Group operates three business, including one in the stamp business and one combining with other firms on art sales, but Shapero Rare Books is their largest business.
Sotheby’s, July 14: Henry De La Beche. "Awful Changes," 1830. $6,000 to $9,000.
Sotheby’s, July 15: [Apollo 11]. Flight Plan, Complete Original Printing Signed by Buzz Aldrin. $5,000 to $8,000.
Sotheby’s, July 15: Thomas Alva Edison. Documents Establishing and Ending the Edison Electric Railway Company. $20,000 to $30,000.
Sotheby’s, July 15: Richard P. Feynman. Feynman's Lectures on Gravitation 1-16, Including the Original Transcriptions of Lectures 12-16 by Morinigo and Wagner, With Richard Feynman's Manuscript Notations, 1971. $12,000 to $18,000.
Sotheby’s, July 15: [Apollo 9]. A Group of Manuals and Mission Documents used by Stuart Roosa as a member of the Astronaut Support Crew. $5,000 to $8,000.
Sotheby’s, July 15: [BYTE: The Small Systems Journal]. A collection of early foundational issues of Byte: The Small Systems Journal, with rare hardcover editions. $5,000 to $8,000.
Forum Auctions The 10th Anniversary Sale Fine Books, Manuscripts and Works on Paper July 16, 2026
Forum, July 16: Inundation papyrus. P.Michael 4, the ‘Inundation papyrus’, a geographical account of the Nile near Canopus, in Greek, remains of two columns from a manuscript scroll on papyrus, Egypt, second century CE. £12,000-18,000
Forum, July 16: Book of Hours, use of Sarum, manuscript on vellum, 6 full-page miniatures, with famous Middle English inscriptions, Southern Netherlands for the English market, [c.1430]. £30,000-50,000
Forum, July 16: Qu'ran, Arabic manuscript on burnished, stencilled, and gold-flecked paper, 447ff., Sultanate Gujarat, Ahmadabad, [after 1411 but no later than 1442]. £15,000-20,000
Forum Auctions The 10th Anniversary Sale Fine Books, Manuscripts and Works on Paper July 16, 2026
Forum, July 16: Turner (William). A New boke of the natures and properties of all wines that are commonly vsed here in England, rare first edition of the first English book on wine, By William Seres, 1568. £20,000-£30,000
Forum, July 16: Spenser (Edmund). The Faerie Queene. first edition, Printed [by John Wolfe] for William Ponsonbie, 1590. £30,000-40,000
Forum, July 16: Shakespeare (William). The Comedie of Errors, extracted from the first folio, Isaac Jaggard and Edward Blount, 1623. £15,000-20,000
Forum Auctions The 10th Anniversary Sale Fine Books, Manuscripts and Works on Paper July 16, 2026
Forum, July 16: Fleming (Ian). Casino Royale, first edition, signed presentation inscription from the author, 1953. £40,000-60,000
Forum, July 16: d'Agoty (Jacques-Fabien Gautier). Anatomie de la Tête, first edition, Paris, chez le Sieur Gautier, 1748. £10,000-15,000
Forum, July 16: Martial Arts.- Lee (Bruce). 'Praying Mantis style' Kung Fu book, containing numerous annotations, diagrams and graphs in Bruce Lee's hand, c. 1960. £50,000-70,000
Forum Auctions The 10th Anniversary Sale Fine Books, Manuscripts and Works on Paper July 16, 2026
Forum, July 16: Warre (Capt. Henry James). Sketches in North America and the Oregon Territory, first edition, rare hand-coloured issue, 1848. £30,000-40,000
Forum, July 16: Norie (John William). The Marine Atlas, or Seaman's Complete Pilot for all the principal places in the known world..., 1826. £30,000-50,000
Forum, July 16: Mao Tse-tung.- Kim Il-sung.-[Note book for visitors from China to Korea], signed by Mao and Kim, [Beijing, 1954]. £10,000-15,000
