Shapero Rare Books' Parent Confirms First Profit in Four Years
- by Michael Stillman
Shapero Rare Books' parent corporation, Scholium Group, confirmed earlier preliminary results that the company made a profit in their latest fiscal year, ending on March 30, 2022. It was a healthy profit of £177,000 on revenue of £8,129,000. The previous year they experienced a loss of £437,000 on sales of £5,148,000. Since Scholium has closed its stamp business this effectively reflects the performance of Shapero Rare Books.
Chairman David Harland issued a statement on their results, along with an upbeat but cautious look at the future. He said, “I am delighted to present my first statement as Chair and to report that the Group's revenues for the year ended 31 March 2022 increased by 58% to £8.1 million as a result of the return to some semblance of normality following the adverse impact of Covid in the prior year. This is the first profit in four years.
“The Board is delighted with the turnaround and remains focused on further enhancing shareholder value, incentivising its executive and staff and continuing to search for further opportunities in related areas to build upon this pleasing result.”
He continued, “Trading conditions have improved over the year and the Group's retail premises have enjoyed at least a return to something approaching normality following the closures of the prior Covid impacted year. Trading for the first four months of the current year has been profitable, which is encouraging, and net cash is positive. The current global political and economic environment is not only depressing but challenging and it is difficult to forecast the future prospects of the business though based on current trading we remain cautiously optimistic.”
Of course it's hard to make predictions in unpredictable times – rampant inflation, a new government in the UK, a war in Europe with threats of a nuclear attack no less. These are uncertain times but if the world will just be a bit more cooperative, Shapero's moves should continue to pay out.
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
