Rare Book Monthly

Articles - October - 2003 Issue

The Value of AE Services

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By Bruce McKinney

For many the idea of buying at book auctions is a daunting enterprise. What many dealers regularly do all others will have to learn to handle. You can buy flowers at the florist or the flower market. The proliferation of books for sale on the net is creating a log jam of listings that will be partly resolved in the years ahead by the sale of books at auction in a variety of auction formats. This is the polar opposite of buying on the net where the price is fixed and the theoretical single variable is time. At traditional book auctions the time is fixed and the variable is price. Of course it is possible to negotiate with those who list online and you won’t know until you ask but generally people assume the price is the price. At auction material comes up on a schedule and sells to the highest bidder. Sometimes lots go high and sometimes they go low. It’s uncertain and that is one of the reasons it is so interesting. Participation requires knowledge, confidence and restraint.

Most auction material will not require representation, particularly if you are building a collection by developing a collection list based on Æ keyword searches. For example there is Selma, the city in Alabama. In running that search on Æ you create an instant bibliography of material relating to Selma. Today there are 54 matches in the priced records and 20 in the bibliographical records. In a year that number will double but for now you have the only bibliography of Selma, Alabama, in existence and it is already an excellent basis for building a Selma collection. Poughkeepsie finds 340 priced records and a hundred more in the bibliographical records. In time there may be a thousand Poughkeepsie items. This suggests that almost any subject, place, author or event will ultimately yield a substantial bank of related materials upon which to center your collecting strategy. You simply run KEYWORD searches and click ADD TO WISH LIST. Generally your choices of collecting subjects are going to be highly personal and probably not of significant interest to others until you have built and explicated your collection. Most collecting choices lean toward obscure subjects and that is going to make building a collection unique and generally inexpensive. It will be your challenge and it will be fun.

Rare Book Monthly

  • <center><b>Sotheby’s<br> Fine Books and Manuscripts, Including Americana<br>Online<br>Now through January 25, 2022</b>
    <b>Sotheby’s, Now to Jan. 25:</b> Audubon, John James. The "Wild Turkey" manuscript — capturing one of the nation's most iconic symbols of unity. $250,000 to $350,000.
    <b>Sotheby’s, Now to Jan. 25:</b> (Flag) — Commemorative Thirteen-Star Flag. Pre-Civil War, Thirteen-Star Flag of the United States, from the collection of Charles Kuralt. $15,000 to $25,000.
    <b>Sotheby’s, Now to Jan. 25:</b> Fitzgerald, F. Scott. <i>Tender is the Night</i>. First edition, presentation copy, and a former mystery. $30,000 to $50,000.
    <b>Sotheby’s, Now to Jan. 25:</b> Audubon, John James. The "Wild Turkey" manuscript — capturing one of the nation's most iconic symbols of unity. $250,000 to $350,000.
    <b>Sotheby’s, Now to Jan. 25:</b> Salinger, J.D. <i>The Catcher in the Rye.</i> A strikingly fresh first edition of Salinger's essential novel. $20,000 to $25,000.
    <b>Sotheby’s, Now to Jan. 25:</b> Whitman, Walt. <i>Leaves of Grass.</i> “America's second Declaration of Independence” — signed by Whitman. $150,000 to $200,000.
    <b>Sotheby’s, Now to Jan. 25:</b> [Dylan, Bob]. Some of the earliest known professional portraits. $10,000 to $15,000.
    <b>Sotheby’s, Now to Jan. 25:</b> Y-Worth [Yarworth], William. <i>Cerevisiarii Comes: Or, the New and True Art of Brewing…</i> A rare and early English work on the art of brewing. $5,000 to $7,000.
  • <center><b>Swann Auction Galleries<br>A Record Breaking Season</b>
    <b>Swann:</b> <i>The Book of Mormon,</b> first edition, Palmyra, NY, 1830. Sold Sept. 30 — $112,500.
    <b>Swann:</b> Vincent Van Gogh, <i>Homme à la Pipe: Portrait du Docteur Gachet, Evening,</i> etching, 1890. Sold Nov. 2 — $161,000.
    <b>Swann:</b> Edward Ruscha, <i>Stains,</i> title page, one of 70, signed, 1969. Sold Nov. 9 — $112,500.
    <b>Swann:</b> John James Audubon, <i>Carolina Parrot, Plate 26,</i> hand colored aquatint, 1828. Sold Dec.9 — $137,000.
    <b>Swann:</b> Edmund Dulac, <i>The Snow Queen,</i> watercolor, gouache, pen & ink, 1910. Sold Dec. 16 — $125,000.
  • <b><center>Potter & Potter Auctions<br>Fine Books & Manuscripts<br>February 26, 2022</b>
    <b>Potter & Potter, Feb. 26:</b> ALLEN, Ethan. <i>A Narrative of Colonel Ethan Allen’s Captivity from the Time of his Being Taken by the British, near Montreal…,</i> Rare second edition, 1779. $40,000 to $60,000.
    <b>Potter & Potter, Feb. 26:</b> CLEMENS, Samuel Langhorne ("Mark Twain"). <i>The Adventures of Huckleberry Finn.</i> New York: Charles L. Webster and Company, 1885. $10,000 to $15,000.
    <b>Potter & Potter, Feb. 26:</b> LANE, Edward William, translator. <i>Tales of a Thousand and One Nights; [or], The Arabian Nights’ Entertainments.</i> London, 1838–1841. 32 parts in 33. $7,000 to $9,000.
    <b>Potter & Potter, Feb. 26:</b> GRANT, James, Lieut. <i>The Narrative of a Voyage of Discovery, performed in His Majesty's Vessel The Lady Nelson...</i> London, 1803. $4,000 to $6,000.
  • <center><b>Case Antiques<br>Two-Day Winter Fine Art, Antique, and Jewelry Auction<br>January 29 & 30, 2022</b>
    <b>Case Antiques, Jan. 29-30:</b> Civil War Archive, including Hospital CDVs. $2,400 to $2,800.
    <b>Case Antiques, Jan. 29-30:</b> W.B. Gosnell's Civil War Era 34 Star Flag w/ Book on Western Expansion. $1,200 to $1,400.
    <b>Case Antiques, Jan. 29-30:</b> 15 Star Parade Flag and Envelope, Framed. $800 to $900.
    <center><b>Case Antiques<br>Two-Day Winter Fine Art, Antique, and Jewelry Auction<br>January 29 & 30, 2022</b>
    <b>Case Antiques, Jan. 29-30:</b> Partial Civil War Album, incl. Confederate Leaders. $800 to $900.
    <b>Case Antiques, Jan. 29-30:</b> CDV Album incl. Garfield, plus Framed CSA Currency. $800 to $900.
    <b>Case Antiques, Jan. 29-30:</b> Two Geronimo Cabinet Cards, incl. St. Louis World's Fair Signed. $2,800 to $3,200.
    <center><b>Case Antiques<br>Two-Day Winter Fine Art, Antique, and Jewelry Auction<br>January 29 & 30, 2022</b>
    <b>Case Antiques, Jan. 29-30:</b> Dickens, Charles. <i>A Christmas Carol,</i> 1st Ed. 1843. $1,800 to $2,000.
    <b>Case Antiques, Jan. 29-30:</b> Archive of Col. John Fite, CSA, POW Johnson's Island, first of two lots, 8 Items. $1,200 to $1,400.
    <b>Case Antiques, Jan. 29-30:</b> Kentucky Confederate Call to Arms Broadside, 1862. $1,200 to $1,400.
    <center><b>Case Antiques<br>Two-Day Winter Fine Art, Antique, and Jewelry Auction<br>January 29 & 30, 2022</b>
    <b>Case Antiques, Jan. 29-30:</b> Hemingway, Ernest. <i>For Whom the Bell Tolls,</i> 1st Ed. $1,000 to $1,200.
    <b>Case Antiques, Jan. 29-30:</b> Autograph Album with Confederate Signatures, incl. Jeff Davis. $800 to $1,000.
    <b>Case Antiques, Jan. 29-30:</b> WWI Navy Posters plus Photo of USS John Hood, 3 pcs. $700 to $750.

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