Rare Book Monthly

Articles - August - 2020 Issue

It Was a Profitable Year for Shapero Rare Books, But...

Scholium Group, parent of London bookseller Shapero Rare Books, recently released their earnings report for their past fiscal year, ending on March 31, 2020. It was a good year. The firm, of which Shapero Rare Books is the largest of three divisions, saw sales climb by 2.3%, from £7.1 million the previous year to £7.3 million (approximately $9.4 million in U.S. dollars). More significantly, the company swung from a loss the prior year to a profit in the last one. Its profit and loss statement moved from a loss of £13,000 to a profit of £25,000 (US $32,000).

 

Scholium was able to achieve the profit despite a very challenging final month to the fiscal year. The firm announced they had a small loss in the second half of the year, the result of the coronavirus pandemic which hit hard during March. Shapero was forced to close the doors of its retail location while book fairs that provide an important part of their business were cancelled.

 

Of course, the world has changed drastically since last March. Unless you are manufacturing face masks or searching for a vaccine, the chances are your business has suffered a severe economic downturn. The rare book trade has not been immune. The progress made last year, upon which Scholium hoped to build, has instead faded away. According to a company statement published by Alliance News, Scholium said, “Trading conditions have inevitably been difficult since 31 March 2020, and the group's retail premises remained closed until mid-June. Since re-opening, footfall has been significantly lower than in the previous year. It is the board's present expectation that the group will incur a loss in the first half of the year to 30 September 2020 as a result of the disruption from Covid-19.” Earlier, the company had said it did not expect even an improved second half of the year would be sufficient to balance the loss expected in the first half.

Rare Book Monthly

  • Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: U.S. / European Shipping Archive 1800-1814. The Widow Bermingham & Sons Collection. €7,000 to €10,000.
    Fonsie Mealy’s, July 30-31: Bunreacht na hÉireann. Constitution of Ireland. An important copy of the First Printing of De Valera’s new Constitution, approved in 1938. Signed by the Constitution Cabinet. €7,000 to €9,000.
    Fonsie Mealy’s, July 30-31: A Rare Complete Run of the Cuala Press Broadsides. €7,000 to €9,000.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Grose (Francis). The Antiquities of Ireland, 2vols. folio London (for S. Hooper) 1791. Magnificent Hand-Coloured Copy - Only 25 Copies. €3,000 to €5,000.
    Fonsie Mealy’s, July 30-31: Cantillon (Richard). Essai sur la Nature du Commerce en General, Traduit de l'Anglois, Sm. 8vo London (Fletcher Gyles) 1756. €3,000 to €4,000.
    Fonsie Mealy’s, July 30-31: Gregory, (Lady Augusta). Spreading the News: The Rising of the Moon: The Poorhouse (with Douglas Hyde). Being Vol. IX of the Abbey Theatre Series. €3,000 to €4,000.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Lavery (Lady Hazel). A moving series of three A.L.S. and a Telegram to Gen. Eoin O'Duffy, July-August 1927, expressing her grief at the death of Kevin O'Higgins. €3,000 to €4,000.
    Fonsie Mealy’s, July 30-31: Dampier (Wm.) Nouveau Voyage Autour du Monde, ou l'on descrit en particulier l'Isthme de l'Amerique…, 2 vols. in one, Amsterdam, 1698. €800 to €1,200.
    Fonsie Mealy’s, July 30-31: Howell (James). Instructions for Forreine Travel Shewing by what Cours, and in what Compasse of Time…, London, 1642. €800 to €1,200.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Rowling (J.K.) Harry Potter and the Philosopher's Stone, 8vo, L. (Bloomsbury) 1999, First Edn., First Printing of Deluxe Collectors Edn. Signed. €800 to €1,200.
    Fonsie Mealy’s, July 30-31: James (Wm.) A Full and Correct Account of the Military Occurrences of The Late War Between Great Britain and The United States of America. 2 vols. Lond. 1818. €650 to €900.
    Fonsie Mealy’s, July 30-31: The Laws of the United States, Published by Authority, 3 vols. Philadelphia (Richard Folwell) 1796. €600 to €800.
  • Sotheby’s, July 11: Galileo, Document annotated and signed by Galileo, dated Padua, 1595. £500,000 to £700,000.
  • Bonhams, July 15-25: THE AUTOGRAPH COLLECTION OF ISRAEL WITKOWER. $8,000 - $12,000
    Bonhams, July 15-25: GEORGE WASHINGTON SIGNED DISCHARGE. June 9, 1783. $8,000 - $12,000
    Bonhams, July 15-25: "Shhhhh!" A DAVID SHANNON ILLUSTRATION FROM DAVID GETS IN TROUBLE. $2,500 - $3,500
    Bonhams, July 15-25: PICASSO, PABLO. Le Carmen des Carmen. Paris, 1964. $2,000 - $3,000
    Bonhams, July 15-25: RARE AUTOGRAPH OF AMERICAN NAVAL HERO CAPTAIN JAMES MUGFORD. $2,000 - $3,000
    Bonhams, July 15-25: KARA WALKER SILHOUETTES FOR TONI MORRISON'S FIVE POEMS. $2,000 - $3,000
    Bonhams, July 15-25: FIRST APPEARANCE OF PINOCCHIO IN ENGLISH. COLLODI, CARLO.New York, 1892. $2,000 - $3,000
    Bonhams, July 15-25: BONAPARTE, JOSEPHINE. Autograph Note (unsigned) in French. $1,000 - $1,500
    Bonhams, July 15-25: FROST ON MATTHEW ARNOLD.Autograph Letter Signed to Adams, July 27, 1934. $800 - $1,200
    Bonhams, July 15-25: ELIAS BOUDINOT'S COPY OF BARLOW'S COLUMBIAN EPIC. $800 - $1,200
    Bonhams, July 15-25: A SIGNED HART CRANE BROOKLYN BRIDGE POSTCARD TO EDWARD DAHLBERG. $600 - $800
    Bonhams, July 15-25: A STOCK CERTIFICATE SIGNED BY THE "QUEEN OF WALL STREET," HETTY GREEN. $700 - $900

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