• <center><b>Swann Auction Galleries View Our Record Breaking Results</b>
    <b>Swann:</b> Charles Monroe Schulz, <i>The Peanuts gang,</i> complete set of 13 drawings, ink, 1971. Sold June 15 — $50,000.
    <b>Swann:</b> Charlotte Perkins Gilman, Family Archive of Photographs & Letters. Sold June 1 — $60,000.
    <b>Swann:</b> Victor H. Green, <i>The Negro Motorist Green Book,</i> New York, 1949. Sold March 30 — $50,000.
    <b>Swann:</b> William Shakespeare, <i>King Lear; Othello;</i> [and] <i>Anthony & Cleopatra;</i> Extracted from the First Folio, London, 1623. Sold May 4— $185,000.
    <center><b>Swann Auction Galleries View Our Record Breaking Results</b>
    <b>Swann:</b> William Samuel Schwartz, <i>A Bridge in Baraboo, Wisconsin,</i> oil on canvas, circa 1938. Sold February 16 — $32,500.
    <b>Swann:</b> Lena Scott Harris, <i>Group of approximately 65 hand-colored botanical studies, all apparently California native plants,</i> hand-colored silver prints, circa 1930s. Sold February 23 — $37,500.
    <b>Swann:</b> Suzanne Jackson, <i>Always Something To Look For,</i> acrylic & pencil on linen canvas, circa 1974. Sold April 6 — $87,500.
    <b>Swann:</b> Gustav Klimt, <i>Das Werk von Gustav Klimt,</i> complete with 50 printed collotype plates, Vienna & Leipzig, 1918. Sold June 15 — $68,750.
  • <b><center>Australian Book Auctions<br>Voyages, Natural History &c.<br>October 4, 2023<br>9:00 AM Australian Western Time</b>
    <b>Australian Book Auctions, Oct. 4:</b> PURCHAS, Samuel (circa 1577-1626). <i>HAKLUYTUS POSTHUMUS OR PURCHAS HIS PILGRIMES…,</i> London, 1625-1626. First edition. $40,000 to $60,000 AUD
    <b>Australian Book Auctions, Oct. 4:</b> GOULD, John. <i>THE BIRDS OF AUSTRALIA,</i> Volume IV. Folio, 104 fine handcoloured lithographed plates. London, 1848. $20,000 to $30,000 AUD
    <b>Australian Book Auctions, Oct. 4:</b> REICHENOW, Dr. Ant. <i>VOGELBILDER AUS FERNER ZONEN, abbildungen und beschreibungen der Papageien.</i> Kassel, 1878-1883. Folio, 33 hand-finished chromolithograph plates. $3,000 to $5,000 AUD
    <b>Australian Book Auctions, Oct. 4:</b> WALLIS, <i>E. WALLIS’S ELEGANT AND INSTRUCTIVE GAME exhibiting the Wonders of Nature, in Each Quarter of the World.</i> Handcoloured view, 26 numbered scenes. $400 to $600 AUD.
    <b>Australian Book Auctions, Oct. 4:</b> GREENAWAY, Kate. <i>ALMANACK FOR 1883</i> [and following years]. Twenty-two volumes, including six duplicates in variant bindings. $1,400 to $1,800 AUD.
  • <center><b>Sotheby's<br>English Literature and History<br>Available for Immediate Purchase</b>
    <b>Sotheby’s, Available Now:</b> William Shakespeare. <i>A Midsummer-Night's Dream,</i> 1908. 7,500 USD
    <b>Sotheby’s, Available Now:</b> Charlotte, Emily and Anne Brontë. <i>Brontës' Novels,</i> 1922. 2,400 USD
    <b>Sotheby’s, Available Now:</b> Lewis Carroll. <i>Through the Looking-Glass and What Alice Found There,</i> 1872. 25,000 USD
    <b>Sotheby’s, Available Now:</b> Charles Dickens. Collection of Fiction including <i>Oliver Twist</i> and <i>Sketches by Boz,</i> 1838-1865. 6,250 USD
    <b>Sotheby’s, Available Now:</b> Mary Shelley. <i>Frankenstein,</i> 1839. 4,250 USD
    <b>Sotheby’s, Available Now:</b> James Joyce. <i>Ulysses,</i> 1925. 2,500 USD
    <b>Sotheby’s, Available Now:</b> Jane Austen. <i>The Complete Works of Jane Austen,</i> 1901. 5,250 USD
  • <center><b>Jeschke Jadi Auctions Berlin<br>Rare Books, Prints, Historical Photography<br>29 September 2023</b>
    <b>Jeschke Jádi, Sep. 29:</b> Jan Theodor de Bry. <i>Anthologia magna sive Florilegium novum.</i> 1626. 9,000 €
    <b>Jeschke Jádi, Sep. 29:</b> John Locke. <i>Epistola de tolerantia ad Clarissimum Virum T.A.R.P.T.O.L.A.</i> 1689. 9000 €
    <b>Jeschke Jádi, Sep. 29:</b> F. T. Marinetti, Boccioni, Pratella, Carrà, a.o. <i>Collection of 35 Futurist manifestos.</i> 1909-1933. 7000 €
    <b>Jeschke Jádi, Sep. 29:</b> Johann Elert Bode, Rare engraved celestial globe. (1804). 6000 €
    <b>Jeschke Jádi, Sep. 29:</b> Sebastian Brant (ed.). <i>Tertia pars huius operis in se continens glosam ordinariam cum expositione lyre litterali et morali.</i> 1498. 5000 €

Rare Book Monthly

Articles - March - 2022 Issue

NFT Collectors Face the Real World – Fraud Is Rampant

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Pizza NFT from Cent website. Why would you buy this when, for a few bucks, you could have your pizza and eat it too?

NFTs have looked to many to be the new frontier of collecting. In a world where more people are deeply involved in digital worlds (Metaverse, here we come!), and younger people are living in smaller homes because of affordability issues, it may make sense. Practically anything collectible can be made into an NFT, they live in blockchain or the Metaverse, and they take up no physical space. What's not to like?

 

First, before we proceed, a quick explanation of NFTs for those not familiar. NFT, an abbreviation of non-fungible token, is a way of creating unique copies of something that is digital in form. Something digital is inherently reproducible, fungible if you will. A non-fungible token, then, is something that “attaches” to a digital image that shows it is a unique copy, even if it looks the same as all others. So, for example, if you have an electronic piece of artwork that can be downloaded onto any computer, each of which look will look the same, the artist can attach an NFT to it. This NFT will establish that it is the original copy of that electronic piece of art, sort of like an original painting. The artist could also make original copies, sort of like prints, in a limited edition of, say, 100. Those could have NFTs with numbers 1, 2, 3 and so on. They won't be as valuable as the original artwork, but more valuable than ordinary downloaded images with no established precedence, like original prints.

 

We are already seeing NFTs for artworks and collectible sports cards, things formerly only collectible in physical form, and some fitting the category of “works on paper.” Books cannot be far behind. Hand or typewritten paper manuscripts have been replaced with books being written on computers, making physical manuscript collecting impossible. Letters have been replaced by digital email and “tweets.” How long before the same happens to other forms of paper, notably books? An author could sell the first copy of his/her e-book for big bucks. Or, like prints, sell a limited, first edition copy with an NFT, like limited first editions of physical books are sold today.

 

While the convenience of this form of collecting is one advantage, another supposed benefit has also been touted – security. With these unique tokens, and storage on blockchain, these unique items cannot be stolen or forged, like physical copies. Or can they? A recent event has upended the assumption that NFTs really are so secure. Cent, the company that made the $2.9 million sale of the NFT of Twitter founder Jack Dorsey's first “tweet,” recently suspended the use of its platform to create NFTs. Cent and other companies such as OpenSea, allow you to create your own NFTs. However, the blockchain universe, sometimes referred to as Web3, has no owners and consequently no regulators. It's a place where people do pretty much as they please. It is why blockchain currency – cryptocurrency – can be used for funneling money illegally, such as for drug sales or blackmail, and for evading taxes. Unlimited freedom sometimes has its downside.

 

The problem Cent and others have been experiencing in large volumes is the crypto equivalent of forgery. People are using the platforms to create counterfeit NFTs, that is, placing their token on someone else's work and claiming it to be authentic. Unlike forged books, that are few and far between because of the amount of work and skill needed to create a believable forgery, it is easy to create a perfectly real-looking counterfeit NFT. Cent explained, “Recently, on our network, we’ve seen people taking others’ work and re-minting it using our services. We believe these people are bad actors, who only engage with Cent for the purpose of tricking others into purchasing counterfeit work. We do not condone this behavior – ethically, legally, and philosophically, it goes against our values and what we stand for as a company.”

 

The extent of this fraud seems unimaginable, but according to a January 27 “tweet” by OpenSea, “we've recently seen misuse of this feature increase exponentially. Over 80% of the items created with this tool were plagiarized works, fake collections, and spam.”

 

Cent went on to note, “Our response has been to ban the offending accounts, but we believe that this approach is not sustainable. That’s why, effective today, we’re removing the ability to sell NFTs here. Our intent is to make this limitation temporary until we can rollout a strategy to overcome the challenges we’re facing.” In other words, attempting to stop the forgeries one by one, a process they describe as “whack-a-mole,” is not very effective. It has become too pervasive. They also point out, “Currently, there is no industry wide standard for counteracting bad behavior.” Even if one is created, it will at most be voluntary, and easily ignored, as blockchain has no authority and is not regulated by the government. And this is a form of collecting once thought of as being more secure. 80%!

 

There is a lesson in this. NFTs are a very different form of collectible than physical objects. Their appeal may be hard for many of us to understand, but according to Reuters, there were $25 billion in sales of NFTs in 2021. There is big money here, and where there is serious money, crime, theft, fraud will surely follow. Welcome to the real world, denizens of the Metaverse!

Rare Book Monthly

  • <center><b>Gonnelli: Auction 46 Books<br>Autographs & Manuscripts<br>Oct 3rd-5th 2023</b>
    <b>Gonnelli:</b> Tilson - Zanotto, Il vero tema. 2011. Starting price 150 €
    <b>Gonnelli:</b> Munari, Storia di un filo. Starting price 400 €
    <b>Gonnelli:</b> Debord, Contre le cinéma. 1964. Starting price 150 €
    <b>Gonnelli:</b> Futurism books and ephemera
    <b>Gonnelli:</b> Travel books
    <b>Gonnelli:</b> Medicine books
    <b>Gonnelli:</b> Levaillant, Histoire naturelle des perroquets. 1801-1805. Starting price 52.000 €
    <b>Gonnelli:</b> Carrera, Il gioco de gli scacchi. 1617. Starting price 3200 €
    <b>Gonnelli:</b> Vergilius, Opera. 1515. Starting price 800 €
  • <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Asia.- Mandeville (Sir John). <i>Tractato bellissimo delle piu maravigliose cose & piu motabile che sitrovino nelle parte delmondo,</i> Florence, [Lorenzo Morgiani], [?1505] or possibly, 1496-99. £40,000 to £60,000.
    <b>Forum Auctions, Sep. 28:</b> Arabic ms.- Ghazaliyaat Kan'at al-Arabi [Divan of Poetry written in Arabic], illuminated manuscript in Arabic, Safavid Persia (probably Isfahan), [second quarter of 16th century]. £12,000 to £16,000.
    <b>Forum Auctions, Sep. 28:</b> Foxe (John). <i>Actes and monuments of these latter and perillous dayes, touching matters of the Church…,</i> first edition, dwellyng ouer Aldersgate, [20th March, 1563]. £15,000 to £20,000.
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Barrie (J.M.) <i>Peter Pan or The Boy Who Would Not Grow Up,</i> first play edition, signed presentation inscription from the author "To my dear Jane Pan", 1928. £3,000 to £4,000.
    <b>Forum Auctions, Sep. 28:</b> Gillray (James). John Bull taking a Luncheon: -or- British Cooks, cramming Old Grumble-Gizzard, with Bonne-Chére, etching with hand-colouring, 1798. £1,500 to £2,000.
    <b>Forum Auctions, Sep. 28:</b> Middle East.- Roberts (David). <i>The Holy Land, Syria, Idumea, Arabia, Egypt & Nubia,</i> 6 vol. bound as 4, first edition, 1842-49. £12,000 to £18,000.
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Greenwood (C. & J.) <i>Map of London made from an Actual Survey in the Years 1824, 1825 & 1826...,</i> first edition, engraved map, 1827. £15,000 to £20,000.
    <b>Forum Auctions, Sep. 28:</b> Newton (Sir Isaac). <i>Opticks: or, A Treatise of the Reflexions, Refractions, Inflexions and Colours of Light…,</i> first edition, 1704. £15,000 to £20,000.
    <b>Forum Auctions, Sep. 28:</b> Smith (Percy John Delf). Collection of 19 original preliminary drawings for "Twelve Drypoints of the War 1914-1918", circa 1914-1918; together with 11 drypoints from "Twelve Drypoints of the War 1914-1918", 1925. £15,000 to
    <b><center>Forum Auctions<br>Fine Books, Manuscripts and Works on Paper<br>28th September 2023</b>
    <b>Forum Auctions, Sep. 28:</b> Guild of Women Binders.- Watts (Alaric A.) <i>Lyrics of the Heart: with other poems</I>, in a stunning richly gilt green crushed morocco by the Guild of Women Binders, Longman, 1851. £12,000 to £18,000.
    <b>Forum Auctions, Sep. 28:</b> Cosway binding.- Dodgson (Charles Lutwidge). "Lewis Carroll". <i>Alice's Adventures in Wonderland,</i> in a Cosway binding with miniatures by Miss C.B. Currie, 1868. £10,000 to £15,000.
    <b>Forum Auctions, Sep. 28:</b> Fleming (Ian). <i>Casino Royale,</i> first edition, first impression, 1953. £18,000 to £22,000.
  • <center><b>Christie’s<br>Charlie Watts: Literature and Jazz<br>London and online auction<br>15–29 September</b>
    <b>Christie’s, Explore now:</b><br>F. Scott Fitzgerald (1896–1940). <i>The Great Gatsby.</i> New York: Charles Scribner's Sons, 1925. £100,000–150,000
    <b>Christie’s, Explore now:</b><br>Arthur Conan Doyle (1859–1930). </i>The Hound of the Baskervilles: Another Adventure of Sherlock Holmes.</b> London: George Newnes, 1902. £70,000–100,000
    <b>Christie’s, Explore now:</b><br>Agatha Christie (1890–1976). <i>The Thirteen Problems.</i> London: for the Crime Club Ltd. by W. Collins Sons & Co. Ltd., 1932. £40,000–60,000
    <b>Christie’s, Explore now:</b><br>Dashiell Hammett (1894–1961). <i>The Maltese Falcon.</i> New York: Alfred A. Knopf, 1930. £30,000–50,000
  • <center><b>Potter & Potter Auctions<br>Nobu Shirase and the Japanese Antarctic Expedition: the Collection of Chet Ross<br>October 12, 2023</b>
    <b>Potter & Potter, Oct. 12:</b> [BYRD]. VEER, Willard Van der and Joseph T. RUCKER, cinematographers. The 35mm motion picture Akeley camera that filmed the Academy Award-winning documentary “With Byrd at the South Pole”. $30,000 to $50,000.
    <b>Potter & Potter, Oct. 12:</b> [SHIRASE, Nobu, his copy]. RYUKEI, Yano. <i>Young Politicians of Thebes: Illustrious Tales of Statesmanship.</i> Tokyo(?), 1881-84. $15,000 to $20,000.
    <b>Potter & Potter, Oct. 12:</b> SHACKLETON, Ernest H. <i>The Antarctic Book.</i> Winter Quarters 1907-1909 [dummy copy of the supplement to: <i>The Heart of the Antarctic</i>]. London, 1909. $10,000 to $15,000.
    <b>Potter & Potter, Oct. 12:</b> [USS BEAR]. The original auxiliary deck wheel from the famed USS Bear, 1874-1933. “PROBABLY THE MOST FAMOUS SHIP IN THE HISTORY OF THE COAST GUARD” (USCG). $10,000 to $15,000.
    <b>Potter & Potter, Oct. 12:</b> HENSON, Matthew. <i>A Negro Explorer at the North Pole.</i> With a forward by Robert Peary. Introduction by Booker T. Washington. New York, [1912]. $3,000 to $4,000.

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