Rare Book Monthly

Articles - January - 2015 Issue

Is This Writer's Archive Too Valuable to Mention Its Price?

Gabriel Garcia Marquez.

Gabriel Garcia Marquez.

Has the value of archives of notable writers become so great that buyers no longer dare speak their cost, for fear of driving up future prices to even more outrageous levels? It would seem so, at least that is the fear at the University of Texas' library. Library officials have petitioned the state to keep the price of a recently purchased writer's archive secret from public records scrutiny for precisely that reason.

 

A few weeks ago, the Harry Ransom Center of the University of Texas announced that it had acquired the archives of Latin American writer Gabriel Garcia Marquez. Marquez, born in Columbia, but spending most of his career in Mexico, is without question one of the greatest Latin writers of the twentieth century. His most well known work is One Hundred Years of Solitude, the tracking of a family through generations covering 100 years, but there are several other important works to his name. Marquez certainly had his misgivings about the United States, as do many from that side of the border who have not always appreciated American involvement in their nations' affairs. Nonetheless, when it came time for Marquez' family to find a repository for Marquez' work, letters, manuscripts, drafts, reams of material from a lifetime, they chose the University of Texas.

 

Perhaps the choice is not so surprising. Maybe it was a simple financial choice by the family. The University of Texas' secretiveness over the price does not imply they got a bargain. However, there may have been more than just Yankee dollars in mind when the Marquez family made its choice. The Ransom Center already holds archives of major writers, such as Eliot, Hemingway, Shaw, Steinbeck, and Argentine writer Jorge Luis Borges. The critical factor here may have been care and security rather than money. The United States is more stable than most of its neighbors, and few Latin libraries may be in as secure a position to guarantee the long term preservation of these papers like the University of Texas. Preservation has to have been a critical element in the Marquez family decision, and it is doubtful they could have made a more secure one, especially in a location so close to, or with so much shared history with Mexico.

 

A couple of weeks later, the AP put in a public records request to learn the price the university had paid for the archive. Officials were no longer so talkative. They have asked the Texas Attorney General for an exemption from publicly releasing the purchase price. The university's explanation was that revealing the price would drive up the cost of future archives. A university spokesman was quoted as saying, “Sellers routinely look for a precedent-setting price so they can set increasingly higher prices that hurt the university, and hurt the taxpayers who help fund the university.”

 

The logic seems a bit strange to us. It almost sounds as if they believe they overpaid. Clearly, this archive was not cheap. Past purchases would imply the cost was in seven figures, though how far into them I would not care to speculate. Transparency works both ways, as likely to hold prices down as move them up, unless their belief is that they overpaid. Whatever the University of Texas paid for this archive, the next one will be priced according to the market at that time, and barring other considerations will go to the highest bidder, be it relatively higher or lower than what UT paid for the Marquez archive.

 

Perhaps there is another consideration here, that Texans may understand. A few blocks down the street from the University of Texas is the Texas state legislature. Not all of its members are terribly enlightened. Almost assuredly, some have no clue who Gabriel Garcia Marquez was, but they do know what a million dollars is, and they won't like the government spending taxpayer dollars on the archive of some writer who wasn't even a Texan. This might even make for good politics. The University of Texas, and undoubtedly universities in other states, sometimes have to tread lightly on their legislatures if they are to carry out their mission of education and enlightenment. If I were running the Ransom library, I would be more concerned about the legislature than the next archive seller.

Rare Book Monthly

  • Ketterer Rare Books
    Auction May 26th
    Ketterer Rare Books, May 26: Th. McKenney & J. Hall, History of the Indian tribes of North America, 1836-1844. Est: €50,000
    Ketterer Rare Books, May 26: Biblia latina vulgata, manuscript on thin parchment, around 1250. Est: €70,000
    Ketterer Rare Books, May 26: M. Beckmann, Fanferlieschen Schönefüßchen, 1924. Est: €10,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer Rare Books, May 26: A. Ortelius, Theatrum orbis terrarum, 1574. Est: €50,000
    Ketterer Rare Books, May 26: M. S. Merian, Eurcarum ortus, alimentum et paradoxa metamorphosis, 1717-18. Est: €6,000
    Ketterer Rare Books, May 26: PAN, 9 volumes, 1895-1900. Est: €12,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer Rare Books, May 26: Breviarium Romanum, Latin manuscript, 1474. Est: €15,000
    Ketterer Rare Books, May 26: Quran manuscript from the Saadian period, Maghreb, 16th century. Est: €10,000
    Ketterer Rare Books, May 26: E. Hemingway, The old man and the sea, 1952. Presentation copy. Est: €3,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer Rare Books, May 26: Flavius Vegetius Renatus, De re militari libri quatuor, 1553. Est: €3,000
    Ketterer Rare Books, May 26: K. Marx, Das Kapital, 1867. Est: €30,000
    Ketterer Rare Books, May 26: Brassaï, Transmutations, 1967. Est: €6,000
  • Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
    Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
    Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
    Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
    Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
    Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
    Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
    Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR
  • Gonnelli
    Auction 59
    Antique prints, paintings and maps
    May 20th 2025
    Gonnelli: Pietro Aquila, Psyche and Proserpina,1690. Starting price 140€
    Gonnelli: Jacques Gamelin, Memento homo quia pulvis es et in pulverem reverteris, 1779. Starting price 300€
    Gonnelli: Giorgio Ghisi, The final Judgement, 1680. Starting price 480€
    Gonnelli
    Auction 59
    Antique prints, paintings and maps
    May 20th 2025
    Gonnelli Goya y Lucientes Francisco, Los Proverbios.1877. Starting price 1000 €
    Gonnelli: Domenico Peruzzini, Long bearded old man, 1660. Starting price 2200€
    Gonnelli: Enea Vico, Leda and the Swan,1542. Starting price 140€
    Gonnelli
    Auction 59
    Antique prints, paintings and maps
    May 20th 2025
    Gonnelli: Andrea Del Sarto [school of], San Giovanni Battista, 1570. Starting price 25000€
    Gonnelli: Carlo Maratta, Virgin Mary and Jesus, 1660. Starting Price 1200€
    Gonnelli: Louis Brion de La Tour, Sphére de Copernic Sphere de Ptolemée / Le Systême de Ptolemée. Le Systême de Ticho-Brahe…, 1766. Starting price 180€
    Gonnelli
    Auction 59
    Antique prints, paintings and maps
    May 20th 2025
    Gonnelli: Marc’Antonio Dal Re, Ville di Delizia o Siano Palaggi Camparecci nello Stato di Milano Divise in Sei Tomi Con espressevi le Piante…, Tomo Primo, 1726. Starting price 7000€
    Gonnelli: Katsushika Hokusai, Bird on a branch, 1843. Starting price 100€
  • Dominic Winter Auctioneers
    May 14
    Printed Books & Maps, Travel, Atlases & Exploration
    Dominic Winter, May 14: (Choiseul-Gouffier, Marie). Voyage Pittoresque de la Grece, 2 vols, 1st edition, 1782-1822. £2,000-3,000
    Dominic Winter, May 14: Gentlemen's Magazine and Historical Chronicle, by Sylvanus Urban, 11 volumes. £700-1,000
    Dominic Winter, May 14: Shackleton (Ernest). The Heart of the Antarctic, 2 vols, 1st ed, presentation copy, 1909. £2,000-3,000
    Dominic Winter Auctioneers
    May 14
    Printed Books & Maps, Travel, Atlases & Exploration
    Dominic Winter, May 14: Drayton (Michael). Poly Olbion..., London: 1622. £2,000-3,000
    Dominic Winter, May 14: Scheuchzer (Johann Jacob). Ouresiphoites Helveticus, 4 parts in 1, 2nd ed, 1723. £3,000-4,000
    Dominic Winter, May 14: Roberts (Henry, after). Chart of the NW Coast of America and NE Coast of Asia ..., [1784]. £500-800
    Dominic Winter Auctioneers
    May 14
    Printed Books & Maps, Travel, Atlases & Exploration
    Dominic Winter, May 14: World. Maffei (Giovanni), Indiarum orientalium Occidentaliumque Descriptio..., 1589. £1,200-1,500
    Dominic Winter, May 14: World. Ortelius (Abraham), Typus Orbis Terrarum, [1598]. £2,000-3,000
    Dominic Winter, May 14: Bible [English]. [The Holy Bible, Conteyning the Old Testament, and the New..., 1613]. £2,000-3,000
    Dominic Winter Auctioneers
    May 14
    Printed Books & Maps, Travel, Atlases & Exploration
    Dominic Winter, May 14: Taylor (John). All the Workes of John Taylor the Water-Poet..., 1630. £1,000-1,500
    Dominic Winter, May 14: Pierpont Morgan Collection. Catalogue of the Morgan Collection of Chinese Porcelains, 1904 & 1906. £2,000-3,000
  • Swann, May 15: Lot 4: Helena Bochoráková-Dittrichová, Z Mého Detství Drevoryty, Prague: Obzina, 1929. First trade edition, signed by the artist. $4,000 to $6,000.
    Swann, May 15: Lot 10: Nancy Cunard, Negro Anthology, with a tipped-in A.L.S. to Karl Marx's niece, 1934. First edition. $3,000 to $5,000.
    Swann, May 15: Lot 14: Margaret Fuller, Woman in the Nineteenth Century, 1845. First edition. $4,000 to $6,000.
    Swann, May 15: Lot 17: Lorraine Hansberry, A Raisin in the Sun, inscribed first edition, 1959. $2,000 to $3,000.
    Swann, May 15: Lot 28: Margaret Hill Morris, Private Journal Kept during a Portion of the Revolutionary War, for the Amusement of a Sister, 1836. First edition. $3,000 to $4,000.
    Swann, May 15: Lot 38: Anna Sewell, Black Beauty: The Autobiography of a Horse, 1877. First edition. $3,000 to $5,000.
    Swann, May 15: Lot 43: Gertrude Stein, Portrait of Mabel Dodge at the Villa Curonia, signed presentation copy with photograph of Stein, 1912. First edition. $8,000 to $12,000.
    Swann, May 15: Lot 48: Virginia Woolf, To the Lighthouse, first edition in the scarce dust jacket, 1927. $6,000 to $8,000.
    Swann, May 15: Lot 54: Katherine Dunham, large archive of material from her attorney, 1951-53. $20,000 to $30,000.
    Swann, May 15: Lot 55: Margaret Fuller Signed Autograph Letter, New York City, 1846. $3,000 to $5,000.
    Swann, May 15: Lot 92: Sonia Delaunay, illus. & Tristan Tzara, Juste Present, deluxe edition with original gouache, 1961. $20,000 to $25,000.
    Swann, May 15: Lot 93: Flor Garduño, The Sonnets of Shakespeare, 2006. Limited edition. $6,000 to $8,000.

Article Search

Archived Articles

Ask Questions