Rare Book Monthly

Articles - December - 2005 Issue

One lot tells the story

An exceptionally important American newspaper

An exceptionally important American newspaper


By Bruce McKinney

Copies of the United States Constitution printed in the Pennsylvania Packet and Daily Advertiser on September 19, 1787, have been raising eyebrows for most of the 20th century. On November 19th at Freeman they also raised the record for a copy sold at auction running well beyond Freeman's $80,000 to $120,000 estimate to reach $180,000 hammer and $207,225 all in. This item has not always done so well.

In the spring of 1976 Sotheby's sold a copy for $2,000 to John Jenkins, the Texas dealer, who made it an important item in his 1976 Bi-centennial Catalogue and priced it at $85,000. It was eventually sold for something close to the asking price. The catch was that payment was in 85 monthly installments without interest. In time the deal washed out and Jenkins re-sold this copy for less. In 1983 Sotheby's auctioned another copy: this one for $24,000 and in 1987 another copy: this one for $100,000. In 1988 a bound volume of this newspaper including this issue and 307 others, trimmed and with repairs, brought $60,000, a bargain given all the additional material included.

In 1998 Christies sold a trimmed single issue with condition problems for $70,000 and in 2001 the 1988 bound volume returned to the rooms [Sotheby's] to be re-priced at $130,000. There it stood until November 19th last where, as the center piece of Freeman's four day Bi-centennial Celebration sale, it moved the chains well beyond Freeman's estimate and the existing auction record to settle at $207,225 with hammer, a new auction record by $70,000. It was purchased by the 19th Century Shop of Baltimore for stock. Tom Edsall, speaking for the firm about this purchase said, "this is the only unbound, untrimmed copy we have ever encountered and it was a bargain at the price."

Prior copies in the second half of the 20th century have been exclusively the domain of Sotheby's and Christies. This sale suggests buyers are increasingly aware of and prepared to place their bids where the material is offered even if the auction venue is beyond the zip codes that begin with 100. The world grows more open and international by the month if not the day. For consignor, Freeman's and the buyer this was a very successful effort.

This was not the only item of interest of course, only the most important.

Rare Book Monthly

  • Forum Auctions
    Online Sale:
    The Detective Fiction Collection of John Cooper
    Ending 7th November, 2024
    Forum, Nov. 7: Christie (Agatha). The Thirteen Problems, first edition, The Crime Club, 1932. £15,000 to £20,000.
    Forum, Nov. 7: Christie (Agatha). Dumb Witness, first edition, 1937. £3,000 to £4,000.
    Forum, Nov. 7: Christie (Agatha). Cards on the Table, first edition, The Crime Club, 1936. £2,000 to £3,000.
    Forum, Nov. 7: [Carr (John Dickson)], "Carter Dickson" and John Rhode. Drop to his Death, first edition, Heinemann, [1939]. £600 to £800.
    Forum, Nov. 7: Berkeley (Anthony). Jumping Jenny, first edition, Hodder and Stoughton, 1933. £800 to £1,200.
    Forum Auctions
    Online Sale:
    The Detective Fiction Collection of John Cooper
    Ending 7th November, 2024
    Forum, Nov. 7: Marsh (Ngaio). Overture to Death, first edition, The Crime Club, 1939. £600 to £800.
    Forum, Nov. 7: [Day-Lewis (Cecil)] "Nicholas Blake". The Beast Must Die, first edition, 1938. £750 to £1,000.
    Forum, Nov. 7: Brand (Christianna). Green for Danger, first edition, signed presentation inscription from the author, John Lane the Bodley Head, 1945. £600 to £800.
    Forum, Nov. 7: Christie (Agatha). Murder is Easy, first edition, signed by the author, 1939. £3,000 to £4,000.
    Forum, Nov. 7: Sayers (Dorothy L.) Lord Peter Views the Body, first edition, Gollancz, 1928. £6,000 to £8,000.
  • Doyle
    Stage & Screen
    November 14 & 15
    Doyle, Nov. 14-15: A studio-sanctioned Darth Vader Touring Costume from The Empire Strikes Back. $50,000 to $100,000.
    Doyle, Nov. 14-15: An original Al Hirschfeld's illustration of the cast of On Golden Pond. $4,000 to $6,000.
    Doyle, Nov. 14-15: The largest trove of personal Grace Kelly letters to come to market. $60,000 to $80,000.
    Doyle, Nov. 14-15: An Important Archive of Musical Manuscripts of Truman Capote and Harold Arlen's House of Flowers. $40,000 to $60,000.
    Doyle, Nov. 14-15: The archive of an original Merrily We Roll Along Broadway cast member. $5,000 to $10,000.
    Doyle, Nov. 14-15: Jerry Herman's Yamaha Model C7 Ebonized Grand Piano. $6,000 to $9,000.
    Doyle, Nov. 14-15: A large group of Jerry Herman musical posters. $300 to $500.
    Doyle, Nov. 14-15: Group of awards presented to Jerry Herman. $300 to $400.
    Doyle, Nov. 14-15: Six pages of original art for "The MAD Game of Basebrawl," a complete story published in MAD #167, pages 31-36, June 1974. $3,000 to $4,000.
    Doyle, Nov. 14-15: A MAD book made for Al Jaffee, containing original art and writings from many MAD contributors. 2011. $1,200 to $1,800.
    Doyle, Nov. 14-15: A Jaffee-themed MAD Fold-In - "What honor should the creator of the MAD Fold-Ins be given?" $800 to $1,200.
    Doyle, Nov. 14-15: MAD Fold-In - "What developing news story has many Americans totally transfixed?" $800 to $1,200.
  • Sotheby's
    Fine Books, Manuscripts & More
    Available for Immediate Purchase
    Sotheby’s: J.R.R. Tolkien. The Lord of the Rings Trilogy. 11,135 USD
    Sotheby’s: Edgar Allan Poe. The Raven and Other Poems, 1845. 33,000 USD
    Sotheby’s: Leo Tolstoy, Clara Bow. War and Peace, 1886. 22,500 USD
    Sotheby’s: Sir Arthur Conan Doyle. Adventures of Sherlock Holmes, 1902. 7,500 USD
    Sotheby’s: F. Scott Fitzgerald. This Side of Paradise, The Great Gatsby, and Others, 1920-1941. 24,180 USD
  • Freeman’s | Hindman
    Fine Printed Books and Manuscripts, Including Americana
    November 14
    Freeman’s | Hindman, Nov. 14: LEROUX, Gaston. The Phantom of the Opera. FIRST AM. ED, FIRST ISSUE IN THE VERY RARE DUST JACKET. 1911. $6,000 – 8,000.
    Freeman’s | Hindman, Nov. 14: GOULD, John. A Monograph of the Trochilidae...Humming-Birds. L., [1849-] 1861. $60,000 – 80,000.
    Freeman’s | Hindman, Nov. 14: A COMPLETE RUN of Limited Editions Club publications, v.p. [mostly New York], 1929-2010. $50,000 – 60,000.
    Freeman’s | Hindman, Nov. 14: ORWELL, George. Nineteen Eighty-Four. Lon., 1949. FIRST EDITION IN A VERY FINE DUST JACKET. $6,000 – 8,000.
    Freeman’s | Hindman, Nov. 14: GOULD. A Monograph of the Ramphastidae...Toucans. L., [1852-] 54. SECOND ED. $35,000 – 45,000.
    Freeman’s | Hindman, Nov. 14: The Federalist. NY, 1788. FIRST EDITION, THICK PAPER COPY. $60,000 – 80,000.
    Freeman’s | Hindman, Nov. 14: SELBY. Plates to Selby’s Illustrations of British Ornithology. Edin., [1833-] 34. $20,000 – 30,000.
  • Gros & Delettrez, 7 November:
    APRES DE MANNEVILLETTE
    Le Neptune Oriental
    Gros & Delettrez, 7 November:
    CASSAS
    Eaux fortes de la Sicile et quelques vues d’Espagne
    Gros & Delettrez, 7 November:
    CASSINI DE THURY
    Carte générale et particulière de la France.
    Gros & Delettrez, 7 November:
    JOUY; GARNERAY
    Vues des côtes de France dans l'Océan et dans la Méditerranée
    Gros & Delettrez, 7 November:
    LA PÉROUSE
    Voyage autour du monde
    Gros & Delettrez, 7 November:
    LE GENTIL DE LA GALAISIERE
    Voyage dans les Mers de l’Inde
    Gros & Delettrez, 7 November:
    LICENT
    Hoang Ho, Pai Ho, Loan Ho, Leao Ho. Itinéraires suivis dans le bassin du golfe du Pei Tcheuly
    Gros & Delettrez, 7 November:
    FRENCH SCHOOL FROM THE 19th CENTURY
    Panorama d’Athènes
    Gros & Delettrez, 7 November:
    PEETERS
    Description des principales villes, havres et isles du golfe de Venise
    Gros & Delettrez, 7 November:
    PÉRON; FREYCINET
    Voyage de découverte aux terres australes
    Gros & Delettrez, 7 November:
    STACKELBERG
    La Grèce : vues pittoresques et topographiques.
    Gros & Delettrez, 7 November:
    VALENTINER
    Atlas des Sonnensystems.

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