• <b><center>Doyle<br>Fine Literature<br>Online Auction<br>June 8 to June 22</b>
    <b>Doyle, Fine Literature:</b> CALDWELL, ERSKINE. <i>Tobacco Road,</i> First Edition. $3,000 to $5,000.
    <b>Doyle, Fine Literature:</b> ELIOT, GEORGE. <i>Middlemarch: A Study of Provincial Life.</i> Edinburgh & London: William Blackwood and Sons, 1871-72. First edition in book form. $1,000 to $1,500.
    <b>Doyle, Fine Literature:</b> BYRON, GEORGE GORDON NOEL, LORD. <i>Don Juan.</i> London: the Thomas Davison; John Hunt; John and H.L. Hunt, 1819-24. First edition. $4,000 to $6,000.
    <b>Doyle, Fine Literature:</b> [BURNEY, FRANCES]. <i>Evelina, Or, A Young Lady's Entrance into the World.</i> London: T. Lowndes, 1778. First edition. $2,000 to $3,000.
    <b><center>Doyle<br>Fine Literature<br>Online Auction<br>June 8 to June 22</b>
    <b>Doyle, Fine Literature:</b> SHEPARD, ERNEST H. Colored drawing of Winnie-the-Pooh and Piglet, in an autograph letter signed by Shepard. Dated February 29th, 1932. $15,000 to $25,000.
    <b>Doyle, Fine Literature:</b> CARROLL, LEWIS (CHARLES LUTWIDGE DODGSON). <i>The Nursery "Alice".</i> London: MacMillan, 1890. Second (first published) edition. $7,000 to $10,000.
    <b>Doyle, Fine Literature:</b> DANA, RICHARD HENRY, Jr. <i>Two Years Before the Mast.</i> New York, 1840. First edition with an autograph letter signed by Dana laid-in. $2,500 to $3,500.
    <b>Doyle, Fine Literature:</b> FINE BINDING-RIVIERE] HAZLITT, WILLIAM. <i>Liber Amoris: or, the New Pygmalion.</i> London: John Hunt, 1823. First edition. $3,000 to $5,000.
  • <b>Bonhams, June 17:</b> AN EXTRAORDINARILY FINE COPY OF “GULLIVER’S TRAVELS.” SWIFT, JONATHAN. 1667-1745. London: Benj. Motte, 1726. US$ 80,000 - 120,000
    <b>Bonhams, June 17:</b> PALAFOX Y MENDOXA, JUAN DE. 1600-1659. <i>[Virtudes del Indio....]</i> US$ 80,000 - 120,000
    <b>Bonhams, June 17:</b> ORIGINAL HARRY HOUDINI TYPED MANUSCRIPT. <i>A Magician Among the Spirits.</i> Autograph corrections by Houdini throughout, c.1923-1926.<br>US$ 20,000 - 30,000
    <b>Bonhams, June 17:</b> FIRST EDITION, FIRST ISSUE OF THE RARE HARDCOVER EDITION ROWLING, J.K. <i>Harry Potter and the Philosopher's Stone.</i> London: Bloomsbury, 1997. US$ 30,000 - 50,000
    <b>Bonhams, June 17:</b> FIRST APPEARANCE IN AMERICA OF MUSIC FOR "(AMERICA) MY COUNTRY TIS OF THEE." LYON, JAMES. 1735–1794. <i>Urania.</i> Philadelphia: William Bradford, 1761. US$ 20,000 - 30,000
    <b>Bonhams, June 30:</b> EDWARD S. CURTIS (1868-1952). Cañon de Chelley, 1904. Oversized orotone, 17 x 22in in original Curtis Studio frame. US$ 30,000 - 50,000
    <b>Bonhams, June 30:</b> EDWARD S. CURTIS (1868-1952). 26 cyanotypes, featuring images of Cheyenne tribes from Volume VI of <i>North American Indian,</i> c.1907, made by Curtis in the field. US$ 30,000 - 50,000
    <b>Bonhams, June 30:</b> EDWARD S. CURTIS (1868-1952). The Vanishing Race, 1904. Oversized orotone, 18 x 24in in original Curtis Studio frame. US$ 20,000 - 30,000
    <b>Bonhams, June 30:</b> EDWARD S. CURTIS (1868-1952). Autograph Logs and Journals from his 1927 Alaska Expedition. US$ 7,000 - 9,000
    <b>Bonhams, June 30:</b> A ONE SHEET POSTER OF <i>IN THE LAND OF THE HEAD HUNTERS.</i> World Film Corporation, 1914. US$ 4,000 - 6,000
  • <center><b>Cowan’s<br>American Historical Ephemera<br>& Photography<br>June 25, 2021</b>
    <b>Cowan’s, June 25:</b> [CIVIL WAR] -- [SHERIDAN, Philip Henry]. Personal headquarters flag of Philip Henry Sheridan used when he led the 2nd Michigan Cavalry. Spring - Summer 1862. $20,000 to $30,000.
    <b>Cowan’s, June 25:</b> [EARLY PHOTOGRAPHY]. Half plate daguerreotype of firefighter Walter Van Erven Dorens. [San Francisco]: n.p., [ca 1854-1856]. $15,000 to $25,000.
    <b>Cowan’s, June 25:</b> [LINCOLNIANA]. Abraham Lincoln banner possibly made for the 1864 presidential campaign. $10,000 to $15,000.
    <center><b>Cowan’s<br>American Historical Ephemera<br>& Photography<br>June 25, 2021</b>
    <b>Cowan’s, June 25:</b> [REVOLUTIONARY WAR - CONTINENTAL CONGRESS]. [HOLTEN, Dr. Samuel]. An archive of letters related to Danvers, Massachusetts, physician and statesman Dr. Samuel Holten. $10,000 to $15,000.
    <b>Cowan’s, June 25:</b> [UNION PACIFIC RAILROAD]. CARBUTT, John, photographer. Exceptional collection of 27 stereoviews from the series, "Excursion to the 100th Meridian, October 1866." Chicago, [1866]. $10,000 to $15,000.
    <b>Cowan’s, June 25:</b> [ALASKAN GOLD RUSH]. William Steele West and family, extensive archive of photographs, diaries, correspondence, and personal items. [Ca 19th - 20th century]. $8,000 to $12,000.
    <center><b>Cowan’s<br>American Historical Ephemera<br>& Photography<br>June 25, 2021</b>
    <b>Cowan’s, June 25:</b> [TAYLOR, Zachary]. Quarter plate daguerreotype featuring the 12th President of the United States. N.p.: n.p., [ca 1845]. $8,000 to $10,000.
    <b>Cowan’s, June 25:</b> [WASHINGTON, George]. Signed Society of the Cincinnati document. $5,000 to $7,000.
    <b>Cowan’s, June 25:</b> LINCOLN, Abraham. Autograph endorsement signed ("A. Lincoln"), as President. [Washington], 29 September 1862. 1 page, 4to, old creases. $5,000 to $7,000.
    <center><b>Cowan’s<br>American Historical Ephemera<br>& Photography<br>June 25, 2021</b>
    <b>Cowan’s, June 25:</b> JEFFERSON, Thomas. Autograph letter signed ("Th. Jefferson"), as United States President, to Robert Patterson. Washington DC, 2 July 1805. 1 page, 4to, evenly toned, small tear from seal. $4,000 to $6,000.
    <b>Cowan’s, June 25:</b> [EARLY PHOTOGRAPHY] -- [ALCOTT, Elizabeth Sewall]. Ninth plate ruby ambrotype attributed to Elizabeth Sewall Alcott. N.p., [ca 1856-1857]. $3,000 to $5,000.
    <b>Cowan’s, June 25:</b> [WESTERN AMERICANA]. RUSSELL, Andrew Joseph, photographer. <i>Salt Lake City, From the Top of the Tabernacle.</i> [1869]
  • <center><b>Sotheby’s<br>Antiquarian Books and Manuscripts<br>Online Auction 5–15 June</b>
    <b>Sotheby’s, 5–15 June:</b> Machiavelli.<br><i>Il Principe,</i> Florence, 1532, later Danish half calf. £70,000 to £90,000.
    <b>Sotheby’s, 5–15 June:</b> The Sundial of Ahaz, two diagrams on a leaf from Nicholas of Lyra's <i>Literal Commentary,</i> [France, c.1360-80]. £10,000 to £15,000.
    <b>Sotheby’s, 5–15 June:</b> Homer. <i>The whole works,</i> translated by Chapman, London, [1616?], calf. £10,000 to £15,000.
    <b>Sotheby’s, 5–15 June:</b> Jonathan Swift. Autograph letter signed, to the Duke of Dorset, in support of his friend Thomas Sheridan, 22 March 1735. £8,000 to £12,000.

Rare Book Monthly

Articles - February - 2006 Issue

Auction Prices Inch Forward in 2005

Aresults

Fifteen houses had median sales prices over $1,000 in 2005.


By Michael Stillman

The prices for rare and antiquarian books and manuscripts inched up a bit higher in 2005, statistics from the Americana Exchange Database of auction records indicated. The year 2005 was an active year, with over 160,000 lots having been offered at book and book-related auctions. The median price for 2005 was $420, an increase of 1.7% from $413 in 2004. See the last paragraph of this article for links to access the complete set of charts of 2005 auction results.

While results over the past century have shown the auction price index to increase at a much more rapid rate than the Consumer Price Index, 2005 was an exception. The CPI rose at double the rate of the book auction index, 3.5%. Though much of this was attributable to a 17% increase in the price of energy, the core rate of consumer inflation (computed by removing the volatile energy and food categories) still rose by 2.2%. This was only slightly greater than the rate of inflation for book prices at auction. Nevertheless, this still indicated that books, which generally appreciate at a substantially greater rate than that of inflation for consumer goods, had an off year in 2005.

The average price at auction slipped over $200 to $2,745. However, the average price is not considered meaningful for understanding changes in the marketplace. A small number of very high priced items coming up for sale in a particular year can greatly skew the average, even though this means little to the overall market. The median price, at which half of the 160,000 books sold at higher and half at lower prices, is not affected by a small number of high priced items, so it is the most reliable way of understanding what is taking place in the market.

Data collected from auction sales by the Americana Exchange revealed many more interesting facts about the traditional (as opposed to online) auction marketplace. The first and third quarters were again the most active. Offerings declined substantially in mid-summer, and to a lesser degree, mid-winter. Pricing also tended to be somewhat higher in the busy periods, perhaps a sign that auction houses hold their best material for the most active buying cycles.

While prices were up slightly, there was a small drop in the sell-through percentage. For 2005, 74% of the items listed sold, a decline from 76% last year. 26% failed to obtain the minimum acceptable bid. There was also a slight shift to items selling below the low estimated price versus selling over the high estimate. In 2005, of the lots which were sold, 48% were sold for more than the maximum, compared to 49% last year.

Rare Book Monthly

  • <b>Swann Auction Galleries Jun 17:</b> Pablo Neruda, <i>Canto General,</i> first edition, signed by Neruda, artists Rivera & Siquieros, CDMX, 1950. $2,500 to $3,500.
    <b>Swann Auction Galleries Jun 17:</b> James Joyce, <i>Ulysses,</i> deluxe limited issue, signed, London, 1936. $15,000 to $20,000.
    <b>Swann Auction Galleries Jun 17:</b> Sergei Rachmaninoff, Autograph Musical Quotation Signed, 3 bars from <i>Piano Concerto No. 2,</i> 1933. $6,000 to $9,000.
    <b>Swann Auction Galleries Jun 17:</b> Thomas Edison, Typed Letter Signed, describing preparing first phonograph for the 1889 Exposition Universelle, 1922. $3,500 to $5,000.
    <b>Swann Auction Galleries Jun 17:</b> Robert Frost, <i>Collected Poems,</i> author’s presentation copy, signed with <i>Stopping by Woods on a Snowy Evening</i> inscribed, NY, 1930. $8,000 to $12,000.
    <b>Swann Auction Galleries Jun 17:</b> Thomas Mann, Autograph Letter Signed to his children, 3 pages on exiles, 1938. $10,000 to $15,000.
    <b>Swann Auction Galleries Jun 17:</b> Alighiero Boetti & Anne-Marie Sauzeau-Boetti, <i>Classifying the thousand longest rivers in the world,</i> limited edition, 1977. $15,000 to $20,000.
    <b>Swann Auction Galleries Jun 17:</b> Agnes Martin, <i>Paintings & Drawings,</i> complete set of 10 lithographs, 1990. Estimate $4,000 to $6,000.
    <b>Swann Auction Galleries Jun 17:</b> Abraham Lincoln, Autograph Letter Signed to Whig activist George W. Rives, Springfield, 1849. $10,000 to $15,000.
  • <center><b>Aste Bolaffi<br>Rare Books and Autographs<br>June 22, 2021</b>
    <b>Aste Bolaffi, June 22:</b> Tolomeo, Claudio. <i>Cosmographia.</i> Ulma, Lienhart Holle, 16.07.1482.<br>€ 50.000+
    <b>Aste Bolaffi, June 22:</b> Hondius, Henricus, & Johannes Janssonius. <i>Atlas novus, sive descriptio geographica totius orbis terrarum.</i> Amsterdam, Hondius-Janssonius, 1638. €30.000+
    <b>Aste Bolaffi, June 22:</b> Castiglione, Baldassarre. <i>Il libro del cortegiano del conte Baldesar Castiglione.</i> Venice, eredi di Aldo, 1528. € 14.000+
    <center><b>Aste Bolaffi<br>Rare Books and Autographs<br>June 22, 2021</b>
    <b>Aste Bolaffi, June 22:</b> Bayer, Johann. <i>Uranometria, omnium asterismorum continens schemata, nova methodo delineata, aereis laminis expressa.</i> Augusta, Christoph Mang, 1603.<br>€ 12.000+
    <b>Aste Bolaffi, June 22:</b> [Astronomy]. <i>[Scriptores Astronomici veteres].</i> Venezia, Aldo Manuzio, 1499.<br> € 7.000+
    <b>Aste Bolaffi, June 22:</b> Aristophanes. <i>Aristofanous Komoidiai ennea. Aristophanis Comoediae novem.</i> Venice, Aldo Manuzio, 1498. € 7.000+
    <center><b>Aste Bolaffi<br>Rare Books and Autographs<br>June 22, 2021</b>
    <b>Aste Bolaffi, June 22:</b> Herodotus. <i>Hirodotou logoi ennea [...] Herodoti libri novem quibus musarum indita sunt nomina.</i> Venice, Aldo Manuzio, 1502. € 7.000+
    <b>Aste Bolaffi, June 22:</b> Tory, Geoffroy. <i>L’art & science de la vraye proportion des lettres attiques, ou antiques.</i> Paris, Vincent Gaultherot, 1549. € 5.000+
    <b>Aste Bolaffi, June 22:</b> Caterina da Siena. <i>Epistole devotissime de sancta Catharina da Siena.</i> Venice, Aldo Manuzio, 1500. € 4.500+
    <center><b>Aste Bolaffi<br>Rare Books and Autographs<br>June 22, 2021</b>
    <b>Aste Bolaffi, June 22:</b> [Chess]. Gianuzio della Manzia, Orazio. <i>Libro nel quale si tratta della maniera di giuocar' a scacchi con alcuni sottilissimi partiti.</i> Torino, Antonio Bianchi, 1597. € 3.000+
    <b>Aste Bolaffi, June 22:</b> Newton, Isaac. <i>Philosophiae naturalis principia mathematica.</i> Amsterdam, Compagnie di Amsterdam, 1714. €2.500+
    <b>Aste Bolaffi, June 22:</b> [Turkish Empire]. Ramberti, Benedetto. <i>Libri tre delle cose de Turchi.</i> Venice, eredi di Aldo, 1539. €1.500+

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