One hundred and forty souls traveled to New York to eat spinach and listen to a succession of speakers assembled by the Grolier Club of New York to discuss "Books in Hard Times." Seats were hard to obtain. The Grolier is a walled garden, pretty on the inside and difficult to penetrate. They have over the years provided discussions and forums on important matters pertaining to the world of books, manuscripts and ephemera. This conference is in keeping with that tradition.
For an account of the proceedings I rely primarily on Jeremy Dibbell [pronounced de Bell with the accent on the second syllable] of the Massachusetts Historical Society. His more complete account will be published in Rare Book Magazine. The account I refer to is available on Mr. Dibbell's blog:
The title is "Books in Hard Times" Conference Recap.
The Grolier will publish an official proceedings of the conference.
The discussion seemed to track the bifurcated perspectives that co-exist today in the world of books. In a post discussion interview with me Tom Congalton, an ABAA member, spoke of the current downturn as a passing event. He's not altering his prices though he mentions that some negotiation on some books is possible. "I have too many books priced and posted to individually alter them." This perspective is often expressed by dealers who have posted thousands of items. In Mr. Congalton's case he has about one hundred thousand listings on line. About his perspective he mentions that he concurs with Bill Reese and I paraphrase his quote from Bill, "sell the only, sell the best or sell the cheapest." He doesn't feel that very good material will decline although it is unclear how 'very good' is defined.
Priscilla Juvelis who also participated in the dealer panel discussion and who sells literary firsts, especially women authors, 20th century book arts and more, is quoted by Mr. Dibble as saying she's working "twice as hard to sell half as many books." Her description expresses what many dealers are saying today. She too sees the downturn as temporary.
A panel of collectors also spoke and Mark Samuels Lasner's name came up several times in post discussion interviews. He mentioned, during the discussion, "I have half the money, books cost twice as much, and there are four times as many of them on the market." He said that while he's still collecting, he has changed his tactics somewhat, beginning to buy items in slightly different areas than he might have before, and spending less per item. Materials with high exhibit potential or research value are key, he said. He called on the dealers for a large-scale inventory sale, saying "There are books that simply cannot be sold at the prices being asked, not at this particular moment, and perhaps not for years. Why not lower the price?" Several dealers responded by saying that they don't really want to sell everything they've got, because they don't know at this point where the next batch of inventory is coming from.'
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.
![<b>Heritage, Dec. 15:</b> John Donne. <i>Poems, By J. D. With Elegies on the Author's Death.</i> London: M[iles]. F[lesher]. for John Marriot, 1633.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/8caddaea-4c1f-47a7-9455-62f53af36e3f.jpg "<b>Heritage, Dec. 15:</b> John Donne. <i>Poems, By J. D. With Elegies on the Author's Death.</i> London: M[iles]. F[lesher]. for John Marriot, 1633.")
![<b>Sotheby’s, Dec. 16:</b> [Austen, Jane]. A handsome first edition of <i>Sense and Sensibility,</i> the author's first novel. $60,000 to $80,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/9a74d9ff-42dd-46a1-8bb2-b636c4cec796.png "<b>Sotheby’s, Dec. 16:</b> [Austen, Jane]. A handsome first edition of <i>Sense and Sensibility,</i> the author's first novel. $60,000 to $80,000.")
