Rare Book Monthly

Articles - October - 2022 Issue

A Handful of Elon Musk Trinkets brought $165,000 at RR Auction on September 15th

This image brought $9,375 at RR Auction Recently

This image brought $9,375 at RR Auction Recently

Elon went to college at The University of Pennsylvania and left a thin scattering of mementos with a friend who recently decided to convert the car-maven’s fame into a fund to help her family to go to college.  It was a marvelous idea, given the fickle nature of fame.  The mean hourly wage in America, per the government’s current report, is $28.01 an hour or $58,260 for a year.  By letting Elon’s trinkets go Jennifer Gwynne converted some 1994-1995 memories into 2.83 working years, giving her some time to enjoy life.  Alternatively that money could buy 3 Tesla Model 3’s and one replacement battery, or pay most of a college education for her child.

 

Elon’s mementos included 33 items including 18 snapshots, a genuine 14-karat gold necklace with a very small emerald, a genuine slabbed note, as well as a couple of gobs of forgettables.

 

Which brings us to the question of the day.  What will the long term chart look like for these items?

 

Probably not so good because it takes a certain genius to catch the attention, after which it becomes difficult to hold the audience’s focus.

 

Not so long ago the half-life of fame used to depend on print, later on television, and now the internet.  Once, a limited number of gatekeepers controlled access.  These days it’s chutzpah, style and speed that get you visibility.  Then keeping the focus on you becomes a huge pressure.

 

Elon Musk was built for this moment.

 

Whether the do-dads hold their value will depend if Elon can keep the attention on himself.

 

Most who have experienced significant success instinctively have tried to keep it.  A few succeeded but the buzz declines even as some are dying while trying.  It’s obviously addictive and takes a lot to keep people’s attention.

 

However this works out, you’ll find the answers in Transactions+.  What makes it into the rooms and what prices are paid will tell both the exhibitionists and the audiences if they are still at the top or in decline.

 

Net-net, I admire Jennifer Gwynne’s decision to sell.  That means I suspect the next time Elan’s do-dads return to the auction rooms the prices will decline.

Rare Book Monthly

  • Sotheby’s Geek Week
    14-15 July
    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

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