• <b>Swann Auction Galleries May 4: Autographs</b>
    <b>Swann Auction Galleries May 4:</b> Ernest Hemingway, Autograph Letter Signed "Love / Mr. Papa," to Marlene Dietrich, Cuba, 1952. $20,000 to $30,000.
    <b>Swann Auction Galleries May 4:</b> Alexis de Tocqueville, Autograph Letter Signed, on the publication of <i> Democracy in America </i>, 1837. $10,000 to $15,000.
    <b>Swann Auction Galleries May 4:</b> Thomas Hart Benton, Autograph Manuscript, draft of <i>The Mechanics of Form Organization in Painting</i>, with sketches, 1926. $20,000 to $30,000.
    <b>Swann Auction Galleries May 4: Autographs</b>
    <b>Swann Auction Galleries May 4:</b> Elliot Erwitt, photograph of Kennedy & Eisenhower, signed by both,<br>c. 1960. $10,000 to $15,000.
    <b>Swann Auction Galleries May 4:</b> John Adams, Partly-printed Document Signed, as President, countersigned by Secretary of State Timothy Pickering, 1798. $4,000 to $6,000. 
    <b>Swann Auction Galleries May 4:</b> Graphite drawing of Albert Einstein, signed by him & the artist, S.N. Swamy, 1950. $7,000 to $10,000.
    <b>Swann Auction Galleries May 4: Autographs</b>
    <b>Swann Auction Galleries May 4:</b> Pyotr Ilyich Tchaikovsky, Autograph Musical Quotation Signed, London, 1888. $7,000 to $10,000.
    <b>Swann Auction Galleries May 4:</b> Thomas Jefferson, Partly-printed vellum Document Signed, as President, countersigned by Secretary of State James Madison, 1809. $4,000 to $6,000.
    <b>Swann Auction Galleries May 4:</b> Agatha Christie, Autograph Manuscript notebook with early drafts for numerous novels, Baghdad, circa 1948. $4,000 to $6,000.
    <b>Swann Auction Galleries May 4: Autographs</b>
    <b>Swann Auction Galleries May 4:</b> Claude Monet, Autograph Letter Signed to Desmond Fitzgerald, in French, 1889. $4,000 to $6,000.
    <b>Swann Auction Galleries May 4:</b> Photograph of Fidel Castro, Signed & Inscribed, in Spanish, 1955. $3,500 to $5,000.
    <b>Swann Auction Galleries May 4:</b> Frederick Stuart Church, archive of 17 illustrated Autograph Letters Signed to Evander Schley, 1905-11. $5,000 to $7,500.
  • <b>Now in press: 19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop.</b> <i>The First American Magna Carta. English Liberties.</i> Boston, 1721.
    <b>19th Century Shop.</b> Babbage presentation to Peel, the man who killed the Difference Engine 1832
    <b>19th Century Shop.</b> The Stamp Act. 1765
    <b>Now in press: 19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop.</b> Central Park Photographs by Prevost 1862
    <b>19th Century Shop.</b> Salem Witch Trials. Wonders of the Invisible World 1693
    <b>19th Century Shop.</b> Mammoth print of Millie-Christine, "The Carolina Twins" c. 1868
  • <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> BROWNING, ELIZABETH BARRETT. Autograph Manuscript Initialed ("E.B.B."), being the working notebook for the poems contained in <i>The Seraphim and Other Poems</i>. $400,000 to 600,000
    <b>Bonhams Mar. 9:</b> WILDE, OSCAR. Two leaves, pp 31-34, from the first appearance of <i>The Picture of Dorian Gray in Lippincott's Monthly Magazine for July, 1890</i>, with Wilde's autograph revisions. $40,000 to 60,000
    <b>Bonhams Mar. 9:</b> SHAKESPEARE, WILLIAM. <i>Comedies, Histories and Tragedies; Published according to the true Originall Copies. Second Impression. [THE SECOND FOLIO.]</i> $200,000 to 300,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> KENNEDY, JOHN FITZGERALD. Photograph Signed ("John F. Kennedy") and Inscribed, 8 x 10 inch gelatin silver print, of Senator Kennedy and Miss Barelli, at the swearing of the secretarial oath for Miss Barelli. $1,200 to 1,800
    <b>Bonhams Mar. 9:</b> COOPER, JAMES FENIMORE. Autograph Manuscript, being Chapter XXVII of <i>Afloat and Ashore</i>. $15,000 to 20,000
    <b>Bonhams Mar. 9:</b> IRVING, WASHINGTON. Autograph Manuscript, being Chapter 20 from Volume IV of <i>The Life of George Washington</i>. $20,000 to 30,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> VERNE, JULES. Autograph Manuscript Signed ("Jules Verne"), being the complete short story "<i>Une fantaisie de docteur Ox</i>". $100,000 to 150,000
    <b>Bonhams Mar. 9:</b> ALCHEMY. <i>[The Crowning of Nature, or Coronatio Naturae.]</i> Original alchemical manuscript on paper, ruled in red, with watermark of the arms of Schieland. $100,000 to 150,000
    <b>Bonhams Mar. 9:</b> DE JODE, CORNELUS. 1568 - 1600. <i>Quivirae Regnu, Cum Alija Versus Borea</i>. [Antwerp: Arnoldum Coninx, 1593]. $7,000 to 10,000
    <b>Bonhams, March 9. Fine Books and Manuscripts, Including the Kennedy Years</b>
    <b>Bonhams Mar. 9:</b> HOOKER, JOSEPH DALTON. <i>The Rhododendrons of Sikkim-Himalaya; Being an Account, Botanical and Geographical, of the Rhododendrons Recently Discovered in the Mountains of Eastern Himalaya</i>… $7,000 to 10,000
    <b>Bonhams Mar. 9:</b> CATLIN, GEORGE. <i>North American Indian Portfolio. Hunting scenes and amusements of the Rocky Mountains and prairies of America. From drawings and notes of the author, made during eight years' travel.</i> $20,000 to 30,000
    <b>Bonhams Mar. 9:</b> LINCOLN, ABRAHAM. HESLER, ALEXANDER. Platinum print, 8 3/4 x 6 3/4 in, of a beardless Lincoln, 1860.<br>$2,000 to 3,000

Auction Update Review

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Fourteen Auctions Archived, 36 Sales Upcoming this Week

 

For the week ended Saturday, March 18, 2017, 14 auctions were archived to the Rare Book Hub Transaction Database:  1 in Danish krona, 1 in euros, 1 in British pounds, and 11 in US dollars.  Turnover was $2,394,339 as 4,385 lots were offered and 3,417 sold for a 78% success rate.

 

3 auctions saw total sales exceed 100% of the high estimates of all lots offered in the sale: 


Binoche et GiquelloAncient and Modern Books on March 10th: 140.58% 
Stair Auctioneers and AppraisersAmericana - 18th and 19th Century Fine and Applied Art - Prints on March 11th: 117.68% 
Michaans AuctionsA Prominent San Francisco Library from the Andrew F. Burke Family on March 9th: 104.11% 


6 sales saw at least 80% of their lots sell: 

Carlsen GalleryEarly March Antique Auction - Books and Prints on March 5th: 100.00% 
Heritage AuctionsSunday Internet Comics - bidstart 3/5 on March 12th: 99.87% 
Stair Auctioneers and AppraisersAmericana - 18th and 19th Century Fine and Applied Art - Prints on March 11th: 97.78% 
Heritage AuctionsSunday Internet Movie Posters - bidstart 3/5 on March 12th: 97.28% 
Michaans AuctionsA Prominent San Francisco Library from the Andrew F. Burke Family on March 9th: 92.90% 
Forum AuctionsOnline Sale: Books and Works on Paper on March 16th: 80.16% 

 

Top 25 Lots Reported This Past Week.
  1. Binoche et Giquello Traicté de l'oeconomie politique. on March 10th Actual price: USD $113,863.
  2. Binoche et Giquello Passio domini nostri Jesu [...]. on March 10th Actual price: USD $43,691.
  3. RR Auction Queen Elizabeth I - Rare partly-printed DS on March 8th Actual price: USD $36,750.
  4. RR Auction Actresses - Massive collection of more than 2250 photos on March 8th Actual price: USD $31,850.
  5. RR Auction Actors - Enormous collection of more than 2250 photos on March 8th Actual price: USD $31,850.
  6. Swann Galleries TOURNÉE DU CHAT NOIR. on March 16th Actual price: USD $30,000.
  7. RR Auction Thomas Paine - Rare and important autograph manuscript on March 8th Actual price: USD $29,400.
  8. Binoche et Giquello HEURES.- Heures à l'usage de Rome. on March 10th Actual price: USD $26,215.
  9. RR Auction George Washington and Thomas Jefferson - Highly desirable partly-printed DS on March 8th Actual price: USD $23,275.
  10. Potter and Potter Auctions Archive of Movie Stills and Glamour Photos. on March 11th Actual price: USD $22,800.
  11. Swann Galleries DOCUMENTS DÉCORATIFS. on March 16th Actual price: USD $22,500.
  12. RR Auction Steve Jobs - Very rare color 24 x 30 poster promoting the inaugural NeXTWORLD Expo held at San Francisco's Civic Auditorium and Brooks Hall on January 22 - 24 on March 8th Actual price: USD $19,600.
  13. Swann Galleries SALON DES CENT. on March 16th Actual price: USD $16,900.
  14. RR Auction Entertainers - Large collection of over 2300 ink signatures of a wide variety of entertainers on March 8th Actual price: USD $15,925.
  15. RR Auction Declaration of Independence - Striking rice paper engraving of the Declaration of Independence on March 8th Actual price: USD $15,925.
  16. RR Auction Dwight D. Eisenhower - Impressive original oil painting accomplished by President Eisenhower during his time in the White House on March 8th Actual price: USD $14,700.
  17. Swann Galleries [TIMES OF THE DAY.] Four decorative panels in folding screen. on March 16th Actual price: USD $13,750.
  18. RR Auction Beatles - Official circa late 1963 Beatles Fan Club promo card featuring the classic Dezo Hoffman portrait of the group seated in their matching collarless suits on March 8th Actual price: USD $12,250.
  19. RR Auction Daniel Boone - Extremely rare ADS on March 8th Actual price: USD $12,250.
  20. RR Auction Benjamin Franklin - Choice partly-printed DS on March 8th Actual price: USD $12,250.
  21. RR Auction Marilyn Monroe - Early DS on March 8th Actual price: USD $11,638.
  22. Swann Galleries ST. MORITZ. on March 16th Actual price: USD $11,250.
  23. RR Auction Confederate Generals - Tremendous assemblage of three of the most sought-after confederate generals on March 8th Actual price: USD $11,025.
  24. Binoche et Giquello Le Théâtre d'agriculture et mesnage des champs. on March 10th Actual price: USD $10,725.
  25. RR Auction Music, Opera, and Dance - Massive collection of well over 1,250 items on March 8th Actual price: USD $10,413.


14 total sales reported this week:

Forum Auctions. Online Sale: Books and Works on Paper on March 16th: 80.16%
Swann Galleries. Vintage Posters on March 16th: 60.16%
Potter and Potter Auctions. Music and Movies on March 11th: 72.90%
Grays Auctioneers. 1904 St. Louis World's Fair, Louisiana Purchase Exposition - Prints and Books on March 13th: 76.92%
Bruun Rasmussen. Prints on March 14th: 76.99%
RR Auction. Fine Autographs & Artifacts - Internet bidstart 2/17 on March 8th: 61.55%
Carlsen Gallery. Early March Antique Auction - Books and Prints on March 5th: 100.00%
Stair Auctioneers and Appraisers. Americana - 18th and 19th Century Fine and Applied Art - Prints on March 11th: 97.78%
Michaans Auctions. March Estate Auction - Books and Prints on March 11th: 51.02%
Binoche et Giquello. Ancient and Modern Books on March 10th: 58.99%
Michaans Auctions. A Prominent San Francisco Library from the Andrew F. Burke Family on March 9th: 92.90%
Quagga Rare Books and Art. Rare Books and Prints of South African interest - Internet bidstart 2/28 on March 7th: 47.92%
Heritage Auctions. Sunday Internet Comics - bidstart 3/5 on March 12th: 99.87%
Heritage Auctions. Sunday Internet Movie Posters - bidstart 3/5 on March 12th: 97.28%


For the week ahead 36 sales are scheduled:

Mon. Mar. 20th
Skinner. Marlborough. A Scholar's Library - Online, bidstart 3/9. 74 lots
Bruun Rasmussen. Copenhagen. Old Master Prints. 8 lots

Tue. Mar. 21st
Swann Galleries. New York. Illustration Art. 278 lots
Forum Auctions. London. Editions and Works on Paper. 410 lots
Beaussant Lefevre. Paris. Books, Autographs, Photographs, Postcards and Stamps. 101 lots
Henri Godts Books and Prints Auctions. Bruxelles . Antiquarian and Modern Books. 464 lots
Bruun Rasmussen. Copenhagen. Books. 236 lots
Bruun Rasmussen. Copenhagen. Modern and Contemporary Prints. 71 lots

Wed. Mar. 22nd
Pierre Berge and Associes. Paris. Ancient and Modern Books. 117 lots
Bonhams. London. Prints and Multiples. 283 lots
De Baecque and Associes. Lyon. Books.
Purcell Auctioneers. Birr. Pub and Shop Memorabilia - Posters and Prints.
Tooveys. West Sussex. Prints.
Ader. PARIS. Judaica. 128 lots

Thu. Mar. 23rd
Venator and Hanstein. Köln . Library of Dr. Henning Rasner. 950 lots
Bloomsbury Auctions. London. 20th Century Books and Works on Paper. 505 lots
PBA Galleries. San Francisco. Fine Literature. 443 lots
Forum Auctions. London. Online Sale: Modern Literature. 103 lots
Keys Fine Arts Auctioneers. Norwich. Fine Sale - Day 3: Books. 119 lots
Dorotheum . Vienna. Modern and Contemporary Prints. 13 lots

Fri. Mar. 24th
Venator and Hanstein. Köln . Books, Prints and Drawings, Autographs. 1069 lots
Heritage Auctions. Dallas. Texana and Western Americana. 363 lots
Brunk Auctions. Asheville, NC . Prints, Books. 144 lots
Stair Auctioneers and Appraisers. Hudson. Exposition Auction - Books and Prints. 42 lots

Sat. Mar. 25th
Heritage Auctions. Dallas. Movie Posters. 950 lots
Venator and Hanstein. Köln . Modern and contemporary Prints and Drawings · Modern Books. 399 lots
Forum Auctions in Italy. Roma. Books and Works on Paper. 433 lots
Addison and Sarova. Macon. Rare Books, Manuscripts and Ephemera. 213 lots
Rachel Davis Fine Arts. Cleveland. Fine Art - Prints. 238 lots
Arader Galleries. New York City. Spring 2017 Auction. 263 lots
John McInnis Auctioneers. Amesbury. Three Day Estates Auction, Day 2 - Books, Prints. 60 lots

Sun. Mar. 26th
OSENAT. FONTAINEBLEAU. Empire at Fontainebleau. Historical Souvenirs.
Heritage Auctions. Dallas. Sunday Internet Movie Posters - bidstart 3/19.
Heritage Auctions. Dallas. Sunday Internet Comics - bidstart 3/19.
Mid Hudson Auction Galleries. Cornwall-on-Hudson, . Antiques, Fine Art, Audubons, Collectibles.
John McInnis Auctioneers. Amesbury. Three Day Estates Auction, Day 2 - Books, Prints. 16 lots

Bruce McKinney

RBH and AE

  • <b>Seth Kaller:</b> “America the Beautiful”
    <b>Seth Kaller:</b> George Washington, Tongue-in-Cheek, Writes James McHenry About His Wife or Mistress—But Funding the Continental Army is the Real Topic
    <b>Seth Kaller:</b> Young’s Map of the United States
    <b>Seth Kaller:</b> President Lincoln & His Most Profitable Client, the Illinois Central Railroad
    <b>Seth Kaller:</b> Lincoln Thanks Former Pro-Slavery and Newly Republican Congressman for a Fiery Anti-Slavery Speech at a Philadelphia Campaign Rally
    <b>Seth Kaller:</b> “A Visit From St. Nicholas” - great association copy inscribed by Clement C. Moore
    <b>Seth Kaller:</b> Einstein Agrees to Allow “a Short Book on the Hydrogen Bomb” to Use His Statement Made on Eleanor Roosevelt’s TV Show
    <b>Seth Kaller:</b> The Building Blocks of Albert Einstein’s Creative Mind
    <b>Seth Kaller:</b> A Unique Manuscript Map of Block Island Sound Including Fisher’s and Gardiner’s Islands, the Hamptons, and Montauk Point
    <b>Seth Kaller:</b> J.R.R. Tolkien Writes his Proofreader with a Lengthy Discussion of the Lord of the Rings, Including Criticism of Radio Broadcasts of his Work
    <b>Seth Kaller:</b> Six Benjamin Franklin Signed Receipts – Including his Earliest Obtainable Autograph — Acknowledging a Donation to the Famous Library Company He Founded, and Five Payments for His Pennsylvania Gazette
    <b>Seth Kaller:</b> Sherman Dishes on Lincoln & Thomas, Meade, Sheridan, Halleck & Grant
  • <b>Doyle, Apr. 26:</b>  Lewis Morris Rutherfurd, The Moon, From a Negative taken at the Observatory of Mr. L. M. Rutherfurd...May 19, 1874. Est: $5,000-8,000 (Lot 3)
    <b>Doyle, Apr. 26:</b> Alvin Langdon Coburn. London. With 20 photogravures by Coburn and text by Hilaire Belloc, London and New York: 1909. First edition. Est: $4,000-6,000 (Lot 32)
    <b>Doyle, Apr. 26:</b> Lee Friedlander, Newark, New Jersey, 1962 and Albuquerque, New Mexico, 1972.<br>Est: $7,000-9,000 (Lot 50)
    <b>Doyle, Apr. 26:</b> The  papers of Brevet Major General John Gross Barnard (1815-1882), Chief Engineer of the Army of the Potomac. Est: $75,000-100,000 (Lot 160)
    <b>Doyle, Apr. 26:</b> James Joyce, Dubliners, London: Grant Richards, 1914. First edition. Est: $5,000-8,000 (Lot 362)
    <b>Doyle, Apr. 26:</b> George Sand, Group of five volumes inscribed to Henry Harrisse. Est: $4,000-6,000 (Lot 405)
    <b>Doyle, Apr. 26:</b> Thomas More, Sir, Saint [Utopia]: De optimo reip. statu deque nova insula utopia libellus vere aureus… Basel: Froben, March 1518. First Basel edition. Est: $15,000-25,000 (Lot 308)
    <b>Doyle, Apr. 26:</b> Johannes Brahms, Autograph letter in German signed "Joh. Brahms.” Est: $4,000-6,000 (Lot 285)
    <b>Doyle, Apr. 26:</b> Kelmscott Press, [Guilelmus, of Tyre, Archbishop]. The History of Godefrey of Boloyne. Hammersmith: Kelmscott Press, 1893. Est: $2,000-3,000 (Lot 270)
    <b>Doyle, Apr. 26:</b> Gilles Robert de Vaugondy, Gilles Didier, Atlas universel...Paris: the author and Boudet, 1757[-58]. Est: $10,000 - $15,000  (Lot 222)
    <b>Doyle, Apr. 26:</b> John Keats, Lamia, Isabella, the Eve of Saint Agnes and Other Poems. London: Taylor and Hessey, 1820. First edition. Est: $5,000-7,000 (Lot 399)
    <b>Doyle, Apr. 26:</b> Specimen book of Schumacher & Ettlinge, between 1870-1895. Original roan-backed boards.. Est: $2,000-3,000 (Lot 195)
  • <b>Old World Auctions, Apr. 26:</b> Lot 37. Anonymous, <i>[Untitled - Ancient World]</i>, 1553. Est. $20,000 - $23,000
    <b>Old World Auctions, Apr. 26:</b> Lot 45. Cellarius, <i>Haemisphaerium Stellatum Australe</i>, 1708. Est. $2,400 - $3,000
    <b>Old World Auctions, Apr. 26:</b> Lot 51. Kircher, <i>Systema Ideale quo Exprimitur</i>, 1665. Est. $1,600 - $1,900
    <b>Old World Auctions, Apr. 26:</b> Lot 152. David H. Vance, <i>Map of the United States of North America</i>, 1825. Est. $8,000 - $10,000
    <b>Old World Auctions, Apr. 26:</b> Lot 309. Mark Storm, <i>Official Texas Brags Map of North America</i>, 1948. Est. $350 - $425
    <b>Old World Auctions, Apr. 26:</b> Lot 426. B. Crété, <i>Carte Symbolique de l'Europe / Europe en 1914</i>, 1915. Est. $2,000 - $2,300
    <b>Old World Auctions, Apr. 26:</b> Lot 636. Hartmann Schedel, <i>Folio LXIIII - Destruccio Iherosolime</i>, 1493. Est. $1,100 - $1,400
    <b>Old World Auctions, Apr. 26:</b> Lot 649. Heinrich Bunting, <i>Asia Secunda pars Terrae in Forma Pegasi</i>, 1581. Est. $3,000 - $3,750
    <b>Old World Auctions, Apr. 26:</b> Lot 747. Theodore de Bry, <i> [Lot of 22 - Complete Set of De Bry's Virginia Natives]</i>, 1590. Est. $6,000 - $7,000
    <b>Old World Auctions, Apr. 26:</b> Lot 769. Lotter/Lobeck, <i>Atlas Geographicus Portatilis</i>, 1760. Est. $1,900 - $2,200
    <b>Old World Auctions, Apr. 26:</b> Lot 772. Henry Teesdale, <i>A New General Atlas of the World</i>, 1835. Est. $1,200 - $1,500
    <b>Old World Auctions, Apr. 26:</b> Lot 777. Marco Coltellini, <i>[3 Volumes] Il Gazzettiere Americano</i>, 1763. Est. $5,500 - $7,000
  • <b>Sotheby’s New York: The Maurice Neville Collection of Modern Literature (Part III). April 24, 2017</b>
    <b>Sotheby’s NY Apr. 24:</b> Clemens, Samuel L. <i>The Writings Of Mark Twain.</i> New York And London: Harper & Brothers, 1904to1906. $80,000 to 120,000
    <b>Sotheby’s NY Apr. 24:</b> Biggers, Earl Derr. <i>The House Without a Key</i>. New York: Grosset & Dunlap, 1925. $7,000 to 10,000
    <b>Sotheby’s NY Apr. 24:</b> Bukowski, Charles. Extensively revised typescript of his novel <i>Factotum</i>. [Los Angeles, c. 1973 to 75]. $50,000 to 70,000
    <b>Sotheby’s New York: The Maurice Neville Collection of Modern Literature (Part III). April 24, 2017</b>
    <b>Sotheby’s NY Apr. 24:</b> Dickens, Charles. Autograph quotation from <i>A Christmas Carol</i> signed ("Charles Dickens" With Paraph). $25,000 to 35,000
    <b>Sotheby’s NY Apr. 24:</b> Fitzgerald, Zelda. A group of paper dolls with costumes, circa 1927. $25,000 to 35,000
    <b>Sotheby’s NY Apr. 24:</b> Hemingway, Ernest. <i>Men Without Women</i>. New York: Charles Scribner's Sons, 1928. $25,000 to 35,000
    <b>Sotheby’s New York: The Maurice Neville Collection of Modern Literature (Part III). April 24, 2017</b>
    <b>Sotheby’s NY Apr. 24:</b> Lawrence, T. E. Autograph letter signed ("TE Shaw") completing the order for George VII — The Brough Superior motorcycle on which he was killed. $5,000 to 7,000
    <b>Sotheby’s NY Apr. 24:</b> Steadman, Ralph. "Somewhere Around Barstow". $7,000 to 10,000
    <b>Sotheby’s NY Apr. 24:</b> Jones, Robert Tyre ("Bobby"), and O. B. Keeler. <i>Down The Fairway: The Golf Life And Play Of Robert T. Jones, Jr.</i> New York: Minton, Balch, 1927. $7,000 to 10,000
    <b>Sotheby’s NY Apr. 24:</b> Ruth, George Herman ("Babe"). <i>Babe Ruth's Own Book Of Baseball</i>. New York & London: G. P. Putnam's Sons, 1928. $8,000 to 12,000