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.
Aste Bolaffi, June 17-18: Galileo Galilei. Dialogo sopra i due massimi sistemi del mondo tolemaico, e copernicano. Firenze, 1632
Aste Bolaffi, June 17-18: Saverio Manetti. Storia naturale degli uccelli. Firenze, 1771-76
Aste Bolaffi, June 17-18: Fortunato Depero. Depero futurista. Rovereto, 1927
Aste Bolaffi, June 17-18: Nicolas Visscher. Atlas minor sive totius orbis terrarum contracta delineat ex conatibus. Amsterdam, circa 1649-95
Aste Bolaffi, June 17-18: Andreas Vesalius. Anatomia. Addita nunc. Antiquorum Anatome. Venezia, 1604
Aste Bolaffi, June 17-18: Tristan Tzara and Salvador Dalì. Grains et Issues. Parigi, 1935
June 25, 2026
Doyle, June 25: Houdini's biography, boldly signed. $3,000 to $5,000.
Doyle, June 25: A volume from Abraham Lincoln's library, signed just before heading to Washington for his inauguration. $20,000 to $30,000.
Doyle, June 25: A very early Confederate recruiting manual belonging to the chief commissary in Lee's Army. $600 to $800.
Doyle, June 25: Rare hand-colored lithographs of the life of Napoleon. $20,000 to $30,000.
Doyle, June 25: The "Holster Atlas" of the American Revolution. $5,000 to $8,000.
Doyle, June 25: Jewish ceremonies in fine hand-colored engravings. $7,000 to $10,000.
Doyle, June 25: A very rare work on Turkish military costume. $1,000 to $1,500.
June 25, 2026
Doyle, June 25: The most important illustrated work on the Mexican-American War. $10,000 to $15,000.
Doyle, June 25: The finest illustrated book on Afghanistan. $10,000 to $15,000.
Doyle, June 25: Henry Justice Ford St. George rescues the Princess from the horrible Dragon. $2,000 to $3,000.
Doyle, June 25: A rare work of Prussian Army uniforms under Frederick William II, with exquisite hand-colored engravings. $800 to $1,200.
Doyle, June 25: Lenny Bruce typed letter signed to a Village bohemian during his obscenity trials, with a manuscript note and drawing. $300 to $500.
Doyle, June 25: Schiff's scarce Shanghai Sketchbook. $300 to $500.
Doyle, June 25: The first accurate published representation of the American flag. $2,000 to $4,000.
Old World Auctions (June 17): Lot 123. Celebrate 250 Years of Independence with Original Stars and Stripes (1790) Est. $1,400 - $1,700
Old World Auctions (June 17): Lot 20. Keulen's Spectacular Chart of the World Featuring California as an Island (1728) Est. $12,000 - $15,000
Old World Auctions (June 17): Lot 42. Schedel's Ancient World Map with Fantastic Humanoid Creatures (1493) Est. $14,000 - $17,000
Old World Auctions (June 17): Lot 591. Matching Set of 3 Stunning Globe Gores of Eastern Asia from Coronelli's 3.5 Foot Globe (1688) Est. $5,500 - $7,000
Old World Auctions (June 17): Lot 9. Speed's Popular World Map with Allegorical Representations of the Elements (1651) Est. $14,000 - $17,000
Old World Auctions (June 17): Lot 168. First Separate Map of Kansas & Nebraska Territories (1854) Est. $5,500 - $7,000
Old World Auctions (June 17): Lot 43. Only Macrobius Map with Britain Attached to Europe (1515) Est. $800 - $950
Old World Auctions (June 17): Lot 250. Rare Map of Boston and One of the Earliest Maps of the Revolutionary War (1775) Est. $2,000 - $2,300
Old World Auctions (June 17): Lot 79. Schenk's Uncommon Map Featuring Two Figurative Title Cartouches (1696) Est. $1,200 - $1,500
Old World Auctions (June 17): Lot 681. Hand-Colored Image of the Annunciation to the Shepherds (1502) Est. $800 - $950
Sotheby's Book Week 2 June - 9 July
Sotheby’s, June 25: Smith, Adam. The Wealth of Nations, on its 250th anniversary. $180,000 to $250,000.
Sotheby’s, June 17: Fontana, Lucio. Concetto Spaziale. 1967. Leporello en papier doré. Bel exemplaire signé. €4,000 to $€,000.
Sotheby’s, June 25: Fitzgerald, F. Scott. "So we beat on, boats against the current, borne back ceaselessly into the past”. $150,000 to $200,000.
Sotheby’s, June 25: Washington, George (as First President). Washington decries “an ostentatious imitation, or mimickry of Royalty” in his Presidency. $250,000 to $500,000.
Sotheby’s, June 17: Lope de Vega. Rare manuscrit autographe signé de la préface dédicatoire de "El Cardenal de Belen" (le cardinal de Bethléem), pièce composée en 1610. €40,000 to €60,000.