Rare Book Monthly

Articles - June - 2006 Issue

Part Four of the Forbes Sale of American Documents Completed

The oldest surviving Lincoln autograph manuscript sold for $352,000.


By Michael Stillman

Part Four of the auction of the Forbes Collection of American Historical Documents took place at Christie's in New York on May 19, 2006. Three previous auctions were held from 2002-2005 dispersing much of this magnificent American collection originally put together by Forbes Magazine founder Malcolm Forbes. His son and former presidential candidate "Steve" Forbes has been dispersing those collections, including art and other sales as well as the historical American documents.

The items in the fourth sale were not quite on the level of the earlier ones, and yet this collection was so extraordinary that even at the fourth level, the material was still spectacular. The first sale had seen prices as high as $3 million-plus for an autographed copy of Abraham Lincoln's last speech, given four days before he was assassinated. The top price at the most recent auction was just over $350,000, still a hefty sum for most collectors. It, too, went for a Lincoln item. The Civil War leader's reputation stands as tall today as it did when he led America through its greatest crisis.

Most of the documents offered came from political leaders, and most of those were ones who achieved the nation's highest office. Every president was represented from George Washington to George H.W. Bush (Malcolm Forbes died during the first Bush administration). The auction started with autographed documents from 23 of the signers of the Declaration of Independence, and ended with a most ironic defense of those who joined the National Guard during the Vietnam War by the first President Bush. In 1988, the defense was of his running mate, Dan Quayle, rather than his son. In between, along with presidents, were such names ingrained in the American memory as Lafayette, Noah Webster, Harriet Beecher Stowe, William Tecumseh Sherman, Ralph Waldo Emerson, Henry Adams, Douglas MacArthur, and Ty Cobb. Incomprehensibly thrown in was an autographed and hand-corrected speech by Benito Mussolini only a few months before he fell and was summarily executed (it sold for $4,800).

The highest price went for a ragged leaf from Abraham Lincoln's home-made "sum book," which he used as a schoolboy. It is the oldest surviving Lincoln autograph manuscript. The price was $352,000, slightly over the high estimate. The next highest price went to a most fascinating 1813 letter from the second American President, John Adams, to William Tudor. In it, Adams greatly downplays the roles of George Washington and Benjamin Franklin in the American Revolution, going so far as to say, "...they were as often terrible Embarrassments. They were both not only Superficial but ignorant." Instead, he describes the greatest heroes as fellow Bostonians Sam Adams, John Hancock, and James Otis. Adams was from the cradle of the Revolution, Massachusetts, and evidently didn't think others played as vital a role. However, he concedes that Washington and Franklin are regarded as "the two Great Agents of the American Revolution; the two Guardian Angels," and "will probably be so for all future ages." On this point he was right. Adams' remarkable letter sold for $168,000, against an estimate of $70,000-$100,000.

Rare Book Monthly

  • Gonnelli:
    Auction 50
    Books, Autographs & Manuscripts
    March 6th-7th 2024
    Gonnelli: Cramer, [Picasso, Chagall , Miró], Trente ans d'activité. Starting price 4800€
    Gonnelli: Futurism
    Gonnelli: Avienus, Opera. 1488. Starting price 1200€
    Gonnelli: Vimont, Relation de ce qui s'est passé en la Nouvelle France, en l'année 1642. Starting price 5000€
    Gonnelli: Goedart, Metamorphosis et historia naturalis insectorum. 1662.
    Gonnelli: Il Petrarcha con la spositione di M. Giovanni Andrea Gesualdo.
    Gonnelli: Poblacion, De usu astrolabi compendium.
  • Toronto Book Auctions
    ART-PHOTO-SIGNED-BOOKS-MILITARY(NON)FICTION
    March 6, 2024
    Toronto Book Auctions, Mar. 6: [ART BOOK MONOGRAPH] DAVID BURLIUK WITH ORIGINAL DRAWING and Signed twice. David Burliuk Rare ACA Gallery exhibition catalogue, undated. CA$400 – 800
    Toronto Book Auctions, Mar. 6: [ART BOOK MONOGRAPH] KAWS: COMPANIONSHIP IN THE AGE OF LONELINESS. Text by Margaret Atwood. National Gallery of Victoria, Australia, 2019. $CA400 - 800
    Toronto Book Auctions, Mar. 6: [ART BOOK MONOGRAPH] LAWRENCE WEINER: POSTERS. Nova Scotia College of Art, Canada,1987. CA$800 – 1,200
    Toronto Book Auctions
    ART-PHOTO-SIGNED-BOOKS-MILITARY(NON)FICTION
    March 6, 2024
    Toronto Book Auctions, Mar. 6: WILBUR SMITH: THE DARK OF THE SUN. Heinemann, UK, 1965. Signed First edition. CA$800 – 1,200
    Toronto Book Auctions, Mar. 6: ROBERTSON DAVIES: LEAVEN OF MALICE. SIGNED Clark, Irwin, & Co., Canada. 1954. 1st edition. CA$400 – 600
    Toronto Book Auctions, Mar. 6: [THE NOTABLE TRAILS LIBRARY]. 8 VOLUMES SOLD TOGETHER. INCLUDING: THE TRIAL OF DR. X; ROE V. WADE; THE GALILEO AFFAIR; THE TRIAL OF BERNHARD GOETZ… CA$300 – 500
    Toronto Book Auctions
    ART-PHOTO-SIGNED-BOOKS-MILITARY(NON)FICTION
    March 6, 2024
    Toronto Book Auctions, Mar. 6: [MILITARY FICTION]. 8 VOLUMES SOLD TOGETHER. INCLUDING: Canada's Royal Military College. REVIEW, THE STONE FRIGATE, A HISTORY OF THE RMC… CA$300 – 400
    Toronto Book Auctions, Mar. 6: [WW1] CANADIAN (C.S.E.F.) SIBERIA 1918-1919 PHOTO ALBUM. With approximately 303 original official war photographs, postcards, and personal photographs. CA$8,000 – 10,000.
    Toronto Book Auctions, Mar. 6: HANS BELLMER: THE DOLL. 1995, 1st Ed. CA$150 – 300.
    Toronto Book Auctions
    ART-PHOTO-SIGNED-BOOKS-MILITARY(NON)FICTION
    March 6, 2024
    Toronto Book Auctions, Mar. 6: FAN HO; HONG KONG YESTERDAY. ModernBooks edition, 2006. First edition. 4to. CA$300 – 600.
    Toronto Book Auctions, Mar. 6: TARYN SIMON: AN AMERICAN INDEX OF THE HIDDEN AND UNFAMILIAR. Hatje Cantz, Germany, 2012. Third edition. CA$600 – 1,000.
    Toronto Book Auctions, Mar. 6: BARBARA KRUGER PICTURE/READINGS. [Self-Published], 1978 First edition. CA$800 – 1,200.
  • Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Winston Churchill. The Second World War. Set of First-Edition Volumes. 6,000 USD
    Sotheby’s, Available Now: A.A. Milne, Ernest H. Shepard. A Collection of The Pooh Books. Set of First-Editions. 18,600 USD
    Sotheby’s, Available Now: Salvador Dalí, Lewis Carroll. Alice's Adventures in Wonderland. Finely Bound and Signed Limited Edition. 15,000 USD
    Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Ian Fleming. Live and Let Die. First Edition. 9,500 USD
    Sotheby’s, Available Now: J.K. Rowling. Harry Potter Series. Finely Bound First Printing Set of Complete Series. 5,650 USD
    Sotheby’s, Available Now: Ernest Hemingway. A Farewell to Arms. First Edition, First Printing. 4,200 USD

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