Rare Book Monthly

Articles - September - 2002 Issue

Book Collecting in the Age of the Internet


At auction no copies have come up since 1997. Between 1984 and 1997, 8 copies came up. Only two of them were the New York edition. It brought $90 in 1995 and $120 in 1994. It is listed in Howes as an a, its lowest rating. Howes USiana lists 11,600 titles of which half are rated an a. but Howes lists only 10% of the titles that Sabins Bibliotheca records. Its a good thing to be listed in Howes even with a common rating. My guess is that, at a smaller auction house, a very good copy of Latrobe will be estimated $200 to $300 or $250 to $350 and bring $300 to $375. In my view that puts the auction line on this chart at $325. Dealer prices generally start at $500 for a decent copy. On ABE recently there were 5 copies of this edition, none of which seemed exceptional.

If you buy an exceptional copy, $500 is a bargain. If you buy it in poor condition, $200 is no bargain. Remember that someday you may sell your books. Great copies sell very well and attract a strong audience. Poor copies raise doubts about your judgment. With all due respect to Mr. Latrobe, his book is common enough that to own it, it should be a great copy. Negotiate for a better copy at a better price, not a poor copy at a lower price. If you are going to settle for a poor copy, go for something that is exceptionally important or rare. That way, the books overall condition may not detract too much from the value of your collection. With many copies available you can afford to be fussy. You can also consider the first English edition or the second English edition published the following year with a map. Ultimately, to know the one edition you’ll learn about the others. Whatever you decide, you only need one.

My point? Latrobes book suffers from a lack of recognition but the book is actually quite good. It contains plenty of local information. It has a lot of upside because it fits into a wide variety of collecting approaches. But how much can you appropriately pay? Look for a very good copy at a price that is within range of auction realizations and only buy it if it logically fits into your collection.

Rare Book Monthly

  • Heritage Auctions
    Rare Books Signature Auction
    December 15, 2025
    Heritage, Dec. 15: John Donne. Poems, By J. D. With Elegies on the Author's Death. London: M[iles]. F[lesher]. for John Marriot, 1633.
    Heritage, Dec. 15: Edgar Rice Burroughs. Tarzan of the Apes.
    Heritage, Dec. 15: F. Scott Fitzgerald. Tender is the Night. A Romance.
    Heritage, Dec. 15: Bram Stoker. Dracula. Westminster: Archibald Constable & Co., 1897.
    Heritage, Dec. 15: Jerry Thomas. How to Mix Drinks, or the Bon-Vivant's Companion, Containing Clear and Reliable Directions for Mixing All the Beverages Used in the United States…
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  • Bonhams, Dec. 8-18: Autograph Letter Signed ("Martinus Luther") to His Friend the Theologian Gerhard Wiskamp ("Gerardo Xantho Lampadario"). $100,000 - $150,000.
    Bonhams, Dec. 8-18: An Exceptionally Fine Copy of Austenís Emma: A Novel in Three Volumes. $40,000 - $60,000.
    Bonhams, Dec. 8-18: Presentation Copy of Ernest Hemmingwayís A Farewell to Arms for Edward Titus of the Black Mankin Press. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript Signed Integrally for "The Songs of Pooh," by Alan Alexander. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript of "Three Fragments from Gˆtterd‰mmerung" by Richard Wagner. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Original Preliminary Artwork, for the First Edition of Snow Crash. $20,000 - $30,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("T.R. Malthus") to Economist Nassau Senior on Wealth, Labor and Adam Smith. $20,000 - $30,000.
    Bonhams, Dec. 8-18: History of the Peloponnesian War by Thucydides Finely Bound by Michael Wilcox. $20,000 - $30,000.
    Bonhams, Dec. 8-18: First Edition of Lewis and Clark: Travels to the Source of the Missouri River and Across the American Continent to the Pacific Ocean. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Original Artwork for the First Edition of Neal Stephenson's Groundbreaking Novel Snow Crash. $100,000 - $150,000.
    Bonhams, Dec. 8-18: A Complete Set Signed Deluxe Editions of King's The Dark Tower Series by Stephen King. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("John Adams") to James Le Ray de Chaumont During the Crucial Years of the Revolutionary War. $8,000 - $12,000.
  • Sotheby’s
    Book Week
    December 9-17, 2025
    Sotheby’s, Dec. 17: Francesco Colonna. Hypnerotomachie, Paris, 1546, Parisian calf by Wotton Binder C for Marcus Fugger. €200,000 to €300,000.
    Sotheby’s, Dec. 17: Nausea. De principiis dialectices Gorgias, and other works, Venice, 1523, morocco gilt for Cardinal Campeggio. €3,000 to €4,000.
    Sotheby’s, Dec. 17: Billon. Le fort inexpugnable de l'honneur, Paris, 1555, Parisian calf gilt for Peter Ernst, Graf von Mansfeld. €120,000 to €180,000.
    Sotheby’s
    Book Week
    December 9-17, 2025
    Sotheby’s, Dec. 16: Salinger, J.D. The Graham Family archive, including autographed letters, an inscribed Catcher, a rare studio photograph of the author, and more. $120,000 to $180,000.
    Sotheby’s, Dec. 16: [Austen, Jane]. A handsome first edition of Sense and Sensibility, the author's first novel. $60,000 to $80,000.
    Sotheby’s, Dec. 16: Massachusetts General Court. A powerful precursor to the Declaration of Independence: "every Act of Government … without the Consent of the People, is … Tyranny." $40,000 to $60,000.

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