• <b><center>Sotheby's<br>The Joanne Woodward & Paul Newman Collection<br>26 May - 12 June</b>
    <b>Sotheby’s, May 26 – Jun. 12:</b> "Cool Hand Luke" | Paul Newman Academy Award® Nomination Plaque. USD$2500 - $3500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "Hud" | Bound presentation script incorporating photographic stills. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "The Long, Hot Summer" | Movie Poster. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> Joseph Heller | "Catch-22," inscribed to Woodward & Newman by author. USD$500 - $800
    <b><center>Sotheby's<br>The Joanne Woodward & Paul Newman Collection<br>26 May - 12 June</b>
    <b>Sotheby’s, May 26 – Jun. 12:</b> George H. W. Bush | Typed Letter Signed, Issuing a "Pardon" to Paul Newman. USD$1500 - $2000
    <b>Sotheby’s, May 26 – Jun. 12:</b> William Jefferson Clinton | Inscribed Color Photograph. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> Ken Kesey | Typed letter to “Paulnewman,” asking for further compensation for "Sometimes a Great Notion". USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "They Might Be Giants" | Costume sketches by Edith Head. USD$1000 - $2000
  • <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Chinese School. Album of Chinese rice paper paintings of St Helena and Napoleon, circa 1830s/1840s. £700 to £1,000.
    <b>Dominic Winter, June 14/15:</b> Speed (John).<i> The Theatre of the Empire of Great Britaine...,</i> 1676. £3,000 to £5,000.
    <b>Dominic Winter, June 14/15:</b> Laroon (Marcellus). <i>The Cryes of the City of London drawne after the Life,</i> 1st edition, 1688. £1,000 to £1,500.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Thomas Sedgley binding. <i>The Holy Bible,</i> London, 1701, large folio. £2,000 to £3,000.
    <b>Dominic Winter, June 14/15:</b> Kipling (Rudyard). The Sussex Edition of the <i>Complete Works in Prose and Verse,</i> 1937-1939. £5,000 to £8,000.
    <b>Dominic Winter, June 14/15:</b> Dodgson (Charles). <i>Alice's Adventures in Wonderland,</i> 1886, presentation copy. £500 to £800.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> German tarot cards. Napoleon tarock, Leipzig: Johann Gottfried Herbert, circa 1808. £1,500 to £2,000.
    <b>Dominic Winter, June 14/15:</b> Milne (A.A.). <i>The House at Pooh Corner,</i> 1928, inscribed limited deluxe edition of 20. £15,000 to £20,000.
    <b>Dominic Winter, June 14/15:</b> Peter Pan. A unique 13.5m (44ft) long needlework nursery frieze, by Helen Stebbing M.R.S.T., 1936. £7,000 to £10,000.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Peak (Bob, 1928-1992). <i>U.S.A,</i> a mural produced for Trans World Airlines (TWA), 1971. £200 to £400.
    <b>Dominic Winter, June 14/15:</b> Austen (Jane). <i>Pride and Prejudice: a novel,</i> 3 volumes, 2nd edition, London: T. Egerton, 1813. £8,000 to £12,000.
    <b>Dominic Winter, June 14/15:</b> Hughes (Ted). Crow, 1st edition, London: Faber and Faber, 1970, signed presentation copy. £400 to £600.
  • <b><center>Swann Auction Galleries<br>Fine Books, Autographs & Illustration Art:<br>At Auction June 15, 2023</b>
    <b>Swann June 15:</b> J.R.R. Tolkien, <i>The Lord of the Rings</i> trilogy, first American editions, finely bound by The Chelsea Bindery, Boston, 1954-56. $9,000 to $12,000.
    <b>Swann June 15:</b> John Carleton Atherton, <i>Fall Bounty,</i> oil on board, cover design for The Saturday Evening Post, 1943. $10,000 to $15,000.
    <b>Swann June 15:</b> George Washington, Endorsement Signed, “G:Washington,’ as President of the Potomac Company, 1787.
    <b>Swann June 15:</b> Gustav Klimt, <i>Das Werk von Gustav Klimt,</i> complete with 50 collotype plates, one of 300 copies, Vienna, 1918. $25,000 to $35,000.
    <b>Swann June 15:</b> Pancho Villa, Autograph Letter Signed, to the governor of Chihuahua soliciting help in persuading authorities to release him from prison, Mexico City, 1912. $7,000 to $10,000.
    <b>Swann June 15:</b> Charles Monroe Schulz, <i>The Peanuts gang,</i> Complete set of 13 drawings, 1971. $8,000 to $12,000.

Rare Book Monthly

Articles - January - 2022 Issue

Living Dangerously in the Year Ahead

308c110f-f2ef-49e1-9cb2-e46aa49cbfd3

The future is up in the air

While I’m managing Partner of Rare Book Hub, the other hat I wear is as a private money manager, building and diversifying our family assets.  I’ve had a good record, year over year my number has run at and above 30%.  For 2021, our traded assets increased in value by 46.4%.  I’m writing about this as I’ve been a keen and effective observer for the past 30 years and am expecting the net change this year to be +7%, a much smaller increase than we’ve seen in the past 5 years.  Irrational exuberance doesn’t last.

 

Stock market investors have been having a free ride while the Federal Reserve [the Fed] has kept interest rates unnaturally low and the outcome of such a policy eventually creates inflation.  The financial system is rigged to hide it, suggesting low comforting rates that encourage the stock market higher.  But increasingly inflation can no longer be hidden by happy talk.  Whether you are buying a quart of milk, a gallon of gas, a new or used car, or a professional baseball or football ticket you’re experiencing solid 20% inflation and it’s going to go on and on.

 

So the Fed, now accepting they can no longer hide inflation, call it temporary.  And there is another explanation; it’s baloney.  Inflation like sex, is very hard to stamp out.

 

Between January 1st and December 31st inflation will set the table.  Unfortunately, there will also be the proverbial drunk at the table, the open Republican efforts to suppress and marginalize Democratic voters in the November election, their purpose to take control of the House and Senate after which American democracy will end.

 

Cutting to the chase, while inflation was been the high risk for the Fed and while they have done exceptionally well managing it, costs are starting to run away as the Trump-Putin partnership openly subverts American democracy with the stated intent to elect Trump white nationalists.

 

America’s strength has long been its enduring capacity to accept human differences.  Skills and ability, poverty, disability, race, religion, and sexual orientation have long been excuses to exclude.  In America we must stand for equal human possibility.

 

But even as we are close to losing democracy it’s not clear Americans care enough to fight to keep it, perhaps thinking it’s not their fight.  What are they in the sea of huge money, social media and local pressure?  What are we?  We are Americans, the last best hope of the world.  If we fail, democracy fails for the world.

 

One way or the other, investing in America in 2022 is going to be difficult.  Prosperous and free economies are dependent on democratic societies.  Take away democracy you’ll have Russian “prosperity.”

 

It’s going to be a tough year.


Posted On: 2022-01-01 04:27
User Name: lthing

Thank you, Bruce! "The last, best hope of the world..." I just came from watching "Hamilton" for the first time if we want another reminder that we are all of us always a part of history whether we want to be or not.

- Lowell Thing


Posted On: 2022-01-01 07:18
User Name: psps

No, Bruce McKinney. You Americans are not the last, best hope of the world. You are a deeply dysfunctional people and an example to nobody. Nothing will change for the better in your country until you stop thinking of yourselves as exceptional, take a long hard look in the mirror and start to do something about it. Sorry! I wish it were otherwise. We Europeans would like America to be a force for good. But you aren't. Get used to it!


Posted On: 2022-01-01 13:43
User Name: sumthinu

Unfortunately, a quite unsettling observation of our situation. I have friends that still say Trump could not have lost because he received more votes than any sitting president. Also unfortunate is that the same friends won’t use the same logic with the number of votes the democratic candidate received. A selfish disdain for democracy while waving the American flag and seeking out others to demonize. Wish us luck !


Posted On: 2022-01-01 16:27
User Name: arnet1

“We are Americans, the last best hope of the world.  If we fail, democracy fails for the world.”
mmmm....hubris or disconnect?
The answer is both and lies in the appeals I now receive to sponsor American children living in conditions that differ little from those in the third world, while its most privileged defenders of democracy, like the hub writer, boast of securing year after year 30 percent increases in the family wealth. Can a democracy that does not work for all be a democracy?
It seems to me that the United States lost its way a long time ago.


Posted On: 2022-01-01 23:41
User Name: charlesrobinson127

I fear younhave it right


Posted On: 2022-01-02 00:11
User Name: bukowski

“psps” is a Kremlin troll. Delete his provocative false post.


Posted On: 2022-01-02 20:06
User Name: avocado1

Bruce,

I wonder what the powers that be think is going to happen with inflation, seeing as how M1 has grown five fold over the last couple of years? M1 is what he bottom 90% own.

https://fred.stlouisfed.org/series/M1SL

Andy


Posted On: 2022-01-04 04:54
User Name: ezrabook

Thank you so much, Bruce. America as envisioned, realized, perpetuated and long mythologized, is now set on a course of dissolution, and dis-integration -- but historically speaking, this whole scenario might merely be an entirely "organic" move of a great ideal's need to cleanse itself of its own big lies, of which the "stolen" election is but the latest. Pioneers in pointy hats seeking a new land come and conquer the wilderness in the name of "freedom"after wiping out or "relocating" the Native populace, and constructing a magnificent democratic ideal, upon the backs of enslaved Black humans. So the whole shakedown begins, and of necessity, kicking and screaming and doomsaying as we are, our body politic is urged by circumstance, to voluntarily shake down its own assumptions, public and private, to the very roots of our country, community, family and self. Mere band-aid restorations of business as usual will not suffice. We're in deep. Now, at this point, only mass acknowledgement, apologies deep and sincere, and reparations, will open the doors to re-visioning.

"Got a new agenda
With a new dream
I'm kicking out the old regime
Liberation, elevation, education
America, you a lie
But the whole world 'bout to testify
I said, the whole world 'bout to testify
And the tables 'bout to
T-t-tables 'bout to
Turn, turn, turn"
(Janelle Monae in "Turn Table")

As I see it, as a country, it almost seems our devolved version of "The American Dream" HAS to come to the edge, in order for us to individually and collectively remember the core values which inspired and sparked this democratic experiment. With greed and denial as the bottom line justifications for so much insensitivity, extraction-consciousness, ignorance, and myth-gorging, our dear sweet and high-principled country, unique in so many ways, is destined to unwind and unravel before enough people realize what has been lost. So sorry, I'm usually so bushy-tailed, smiling and parade-waving in a universe of hope and good will from, of, and to all men and women. But the great cleanout has begun. Do we have the courage to stand to, and remember, and speak up, at very least to vote and actively protect the rights of others to vote?


Posted On: 2022-01-07 02:48
User Name: brixton1977

This is a truly bizarre post. Skyrocketing inequality is tearing America apart. And here Bruce is, boasting of decades of 30% returns and wondering, why oh why, the country is teetering toward fascism.


Posted On: 2022-01-08 00:52
User Name: bozo1950

I think we’ve spoken on the phone; you were always generous with your time. When I began reading your post I had a gnawing fear it would turn out to be pro-Trump. I’m so so relieved it was anything but - and you’ve put it all very well. On the other hand, I’m a bit in agreement with “psps” below. I wish America were a force for good in the world but that’s been an iffy proposition for a rather long while.


Posted On: 2022-01-31 20:12
User Name: warpstar1

So the only way to save democracy is to have Democrats in charge of congress in perpetuity? I'm afraid that would not be democracy.


Rare Book Monthly

  • <b>Bonhams, June 22:</b> BENJAMIN FRANKLIN ON SMALLPOX. <i>Some Account of the Success of Inoculation...</i> 1759. $10,000-$15,000
    <b>Bonhams, June 22:</b> GAUTIER D'AGOTY. <i>Myologie complette en couleur et grandeur naturelle...</i> 1745-6. 20 hand-colored plates. $8000-$12000
    <b>Bonhams, June 22:</b> ILLUMINATED SCIENTIFIC MISCELLANY, manuscript on vellum, 14th century. $4000-$6000
    <b>Bonhams, June 22:</b> PREVIOUSLY UNKNOWN AUTOGRAPH MEDICAL MANUSCRIPT OF JOHN MORGAN, 1760-1. $30,000-$50,000
    <b>Bonhams, June 22:</b> RARE CIVIL WAR CHROMOLITHOGRAPHS BY WINSLOW HOMER. Life in Camp. 1864. $8000-$12000
    <b>Bonhams, June 22:</b> AMELIA EARHART'S SUBSTANTIALLY ANNOTATED COPY OF <i>THE PRACTICAL NAVIGATOR. 1927. $8000-$12,000
    <b>Bonhams, June 22:</b> DAVID BEN-GURION ON ISRAEL'S DESIRE FOR PEACE BUT NEED FOR STRENGTH. 1956. $2000-$3000
    <b>Bonhams, June 22:</b> CONTEMPORARY AUTOGRAPH MUSICAL MANUSCRIPT AND LYRICS FOR "JERUSALEM OF GOLD." $60,000-$80,000
    <b>Bonhams, June 22:</b> FIRST EDITION OF HEMINGWAY'S FIRST BOOK IN UNRESTORED JACKET. $20,000-$30,000
    <b>Bonhams, June 22:</b> TOLKIEN LETTER DESCRIBING HIS OWN HOBBITNESS AND THE CREATION OF LORD OF THE RINGS. $10,000-$15,000
    <b>Bonhams, June 22:</b> NAPOLEON LETTER SIGNED PROCLAIMING HIS ASCENSION AS EMPEROR. $40,000-$60,000
    <b>Bonhams, June 22:</b> MAN RAY. Facile. 1935. First edition, 12 photographic plates. $2000-$3000
    <b>Bonhams, June 22:</b> WIENER WERKSTÄTTE TOYS. 17 linocut plates of toys from the workshop of Jossef Hoffman. $4000-$6000
  • <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Hobbes (Thomas). <i>Leviathan, or The Matter, Forme & Power of a Common-Wealth,</i> first edition, first issue, 1651. £10,000 to £15,000.
    <b>Forum, June 15:</b> [Burton (Robert)] "Democritus Junior". <i>The Anatomy of Melancholy,</i> first edition, Oxford, Printed by John Lichfield and James Short, 1621. £8,000 to £12,000.
    <b>Forum, June 15:</b> Fletcher (Giles). <i>Of the Russe Common Wealth,</i> first edition, Printed by T[homas] D[awson] for Thomas Charde, 1591. £7,000 to £10,000.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Shakespeare source book.- Fraunce (Abraham). <i>The Lawiers Logike, exemplifying the praecepts of Logike by the practise of the common Lawe,</i> first edition, 1588. £4,000 to £6,000.
    <b>Forum, June 15:</b> Fireworks.- Babington (John.) <i>Pyrotechnia or, A discourse of artificiall fire-works…,</i> 2 parts in 1 vol., first edition, Thomas Harper for Ralph Mab, 1635. £4,000 to £6,000.
    <b>Forum, June 15:</b> Gardening.- [Bonnefons (Nicolas de)]. <i>The French Gardiner instructing how to cultivate all sorts of Fruit-Trees and Herbs for the Garden, translated by John Evelyn,</i> third edition, 1675. £3,500 to £4,500.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Witchcraft.- F. (H.) <i>A true and exact Relation Of the severall Informations, Examinations, and Confessions of the late Witches…,</i> first edition, 1645. £3,000 to £4,000.
    <b>Forum, June 15:</b> Science.- Boyle (Robert). <i>The Origine of Formes and Qualities (According to the Corpuscular Philosophy),</i> first edition, Oxford, H. Hall for Ric: Davis, 1666. £3,000 to £4,000.
    <b>Forum, June 15:</b> Massinger (Philip). <i>The Unnaturall Combat. A Tragedie,</i> first edition, Printed by E.G. for John Waterson, 1639. £2,000 to £3,000.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Plastic Surgery.- Read (Alexander). <i>Chirurgorum Comes: or the Whole Practice of Chirurgery,</i> first edition, Printed by Edw. Jones, for Christopher Wilkinson, 1687. £2,000 to £3,000.
    <b>Forum, June 15:</b> Hall (Edward). <i>The Union of the two noble and illustre famelies of Lancaster & Yorke…,</i> [by Richard Grafton], 1550. £2,200 to £2,500.
    <b>Forum, June 15:</b> Cosmetics.- Jeamson (Thomas). <i>Artificiall Embellishments. Or Arts Best Directions How to Preserve Beauty or Procure it,</i> first edition, Oxford, Printed by William Hall, 1665. £1,000 to £1,500.

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