Rare Book Monthly Articles - February - 2010 Issue

Book Auction Prices Declined in 2009...<i>But...</i>

Book Auction Prices Declined in 2009...<i>But...</i>

By Michael Stillman A detailed look at book auction results for 2009 reveals that virtually every important number was down. The most telling number - median sales price - was down. Sell through rates were down. The ratio of items sold above the high estimate to those sold below the low estimate was down. The number of auctions held and number of items offered were down. So why are we celebrating these seemingly woeful results? The answer is that these declines, particularly in terms of median price, were surprisingly small. We expected a much steeper decline, but the drop in median pric...

A Page from the Future

A Page from the Future

By Bruce McKinney For years, the changing economics of booksellers’ catalogues have caused headaches for booksellers. In decades past, such catalogues were often substantial; the number of items...

Bookselling - It's a Business:  Year and Decade in Review

Bookselling - It's a Business: Year and Decade in Review

By Susan Halas Chris Volk Many independent booksellers found 2009 was a better than expected year with a stronger than expected finish. It was also marked the end of a decade when everyone ...

 Heritage:  Two Sales in Beverly Hills

Heritage: Two Sales in Beverly Hills

By Bruce McKinney Heritage Auction Galleries of Dallas, the ascendant auction house rising from the flat lands of Texas, is entering the west coast collectibles auction market - bringing its uni...

<i>In The News:</i> "Tome Raider" In Jail Again, Book Returned 90 Years Late, New Publications

<i>In The News:</i> "Tome Raider" In Jail Again, Book Returned 90 Years Late, New Publications

By Michael Stillman It was a most unmerry Christmas for book thief William Jacques. Jacques is England's notorious "Tome Raider" of the 1990s, who allegedly did not learn his lesson. As they say...

To Reuse or Not to Reuse, That is the Question

To Reuse or Not to Reuse, That is the Question

By Karen Wright Wow! When I put a call out to two different booksellers' organizations, IOBA and my ABS group, asking for comments and opinions about wrapping books in new or reused materials, ...

LA:  A Hot Spot for Books in February

LA: A Hot Spot for Books in February

By Bruce McKinney The ABAA, the Antiquarian Booksellers' Association of America, stages its biennial Book Fair in Los Angeles at the Hyatt Regency Century Plaza from February 12-14. The ABAA ex...

Printed Books vs. E-Readers:  We're Ready to Make a Call

Printed Books vs. E-Readers: We're Ready to Make a Call

By Michael Stillman There were several developments and news items concerning electronic readers appearing over the past few weeks, and while we will attempt to summarize a few of them, we don't...

The Loot Returns

The Loot Returns

By Bruce McKinney Sotheby's recently completed an exhibition of material from the James S. Copley collection of printed and manuscript Americana that will be sold beginning later this year. The...

Rare Book Library Sells 3,700 Book Collection

Rare Book Library Sells 3,700 Book Collection

By Michael Stillman It was one of the largest, single owner book sales in recent memory, but it passed by virtually unnoticed. This was not an ordinary sale, as it also involved the extremely to...

Important Maps to test the Market

Important Maps to test the Market

By Bruce McKinney In a day or two Sotheby's will add an auction to its calendar. It will be the necessary next step for Frank Benevento, a map collector who entered the collecting field a decad...

British Lighthouse Board Sells Collection of Early Voyage Books

British Lighthouse Board Sells Collection of Early Voyage Books

By Michael Stillman Much of a distinguished institutional book collection, hundreds of years in the making, went up for sale in January, with the results much better than anticipated. There's al...

Eight New Catalogues Reviewed This Month

Eight New Catalogues Reviewed This Month

This month we review eight new booksellers' catalogues. David Lesser Antiquarian Books focuses on Americana, while Clark Rare Books features primarily the American West. Librairie Thomas-Scheler, o...

Rare Book Monthly

  • 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.
  • 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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