• <b>Christie’s London June 5:</b> <i>Le Neptune François, ou Atlas Nouveau des Cartes Marines. Levées et Gravées par ordre exprès du Roy...</i> Paris: Hubert Jaillot, 1693 [but Amsterdam: Pieter Mortier, 1693-1700].
    <b>Christie’s London June 5:</b> BLAEU, Willem Janszoon. <i>Le Flambeau de la Navigation monstrant la description & delineation de toutes les Costes & Havres…</i> Amsterdam: Jan Jansson, 1620.
    <b>Christie’s London June 5:</b> [WALDSEEMÜLLER, Martin.] <i>Orbis Typus Universalis Iuxta Hydrographorum Traditionem.</i> [Strasbourg: 1513].
    <b>Christie’s London June 5:</b> KEULEN, Johannes van. <i>De Groote Nieuwe Vermeerderde Zee-Atlas ofte Water-Werelt.</i> Amsterdam: Johannes van Keulen, 1688.
    <b>Christie’s London June 5:</b> DONCKER, Hendrick. <i>De Zee-Atlas of Water-Waerelt.</i> Amsterdam: Hendrick Doncker, 1666.
    <b>Christie’s London June 5:</b> GARNIER, Francis and Ernest DOUDART DE LAGRÉE. <i>Voyage d'exploration en Indo-Chine effectué pendant les années 1866, 1867 et 1868 par une Commission Française.</i> Paris: Hachette, 1873 [-1875].
  • <b>Bonhams, Jun 13:</b> Darwin, Charles. <i>On the Origin of Species.</i> Presentation Copy. Very Fine. $200,000 to $300,000
    <b>Bonhams, Jun 13:</b> Darwin, Charles. Autograph Letter Signed, 3 pp, negotiating the 2nd American edition with Appleton $20,000 to $30,000
    <b>Bonhams, Jun 13:</b> Hemingway, Ernest. Autograph Letter Signed, 8 pp, Paris, 1924, to his father discussing Bullfighting, Stories, and his new baby. $20,000 to $30,000
    <b>Bonhams, Jun 13:</b> Shakespeare, William. <i>Corialanus.</i> London, 1623. 1st printing [Extracted from the First Folio]. $40,000 to $60,000
    <b>Bonhams, Jun 13:</b> Swift, Jonathan. <i>Gulliver's Travels.</i> London, 1726. 1st edition, Teerink's A edition, fine, large copy. $15,000 to $25,000
    <b>Bonhams, Jun 13:</b> Neill, John R. Pen-and-ink drawing from Oz, "He raised his gun, took aim and fired," $6,000 to $8,000
    <center><b>Bonhams<br>Fine Books and Manuscripts<br>June 13 - New York</b>
    <b>Bonhams, Jun 13:</b> Shakespeare, William. <i>Sonnets.</i> 1901. 2 volumes. Printed on vellum and illuminated by Ross Turner, bound by Trautz-Bauzonnet. $8,000 to $12,000
    <b>Bonhams, Jun 13:</b> Thompson, Kay. <i>Eloise at Christmastime.</i> New York: Random House, [1958]. First edition. In custom binding by Asprey. $3,000 to $5,000
    <b>Bonhams, Jun 13:</b> Beardsley, Aubrey. <i>The Birth, Life, and Acts of King Arthur.</i> 1893-94. 2 volumes. Contemporary painted vellum gilt by Chivers. $2,000 to $3,000
    <b>Bonhams, Jun 13:</b> Assisi, St. Francis. <i>The Canticle of Brother Sun.</i> Illuminated on vellum, for the Grolier Society. $7,000 to $9,000
    <b>Bonhams, Jun 13:</b> Taylor, Deems. <i>Walt Disney’s Fantasia.</i> New York: 1940. In custom binding by Asprey. $3,000 to $5,000
    <b>Bonhams, Jun 13:</b> Proust, Marcel. <i>Du coté de chez Swann.</i> 1st edition, 1st issue. Inscribed by Proust. $5,000 to $7,000
    <b>Bonhams, Jun 13:</b> Rackham, Arthur. <i>Peter Pan in Kensington Gardens.</i> 1/500 copies signed by Rackham. $1,500 to $2,500
  • <center><b>Ketterer Rare Books<br>Auction on May 27th</b>
    <b>Ketterer Rare Books, May 27:</b><br><i>Breviarium Romanum,</i> before 1478. Est: € 15,000
    <b>Ketterer Rare Books, May 27:</b><br>C. Ptolemaeus, <i>Geographie,</i> 1513.<br>Est: € 140,000
    <b>Ketterer Rare Books, May 27:</b><br>M. Chagall, <i>Daphnis & Chloé,</i> 1961.<br>Est: € 130,000
    <center><b>Ketterer Rare Books<br>Auction on May 27th</b>
    <b>Ketterer Rare Books, May 27:</b><br>F. Colonna, <i>Hypnerotomachia Poliphili,</i> 1499. Est: € 20,000
    <b>Ketterer Rare Books, May 27:</b><br>J. H. van Linschoten, <i>Itinerarium,</i> 1644. Est: € 50,000
    <b>Ketterer Rare Books, May 27:</b><br>M. Chagall, <i>Cirque,</i> 1967.<br>Est: € 120,000
    <center><b>Ketterer Rare Books<br>Auction on May 27th</b>
    <b>Ketterer Rare Books, May 27:</b><br>G. L. L. Buffon, <i>Histoire naturelle des oiseaux,</i> 1765-83. Est: € 30,000
    <b>Ketterer Rare Books, May 27:</b><br>K. Marx, <i>Das Kapital,</i> 1867.<br>Est: € 30,000
    <b>Ketterer Rare Books, May 27:</b><br>P. J. Redouté, <i>Les liliacées,</i> 1802-16.<br>Est: € 120,000
    <center><b>Ketterer Rare Books<br>Auction on May 27th</b>
    <b>Ketterer Rare Books, May 27:</b><br>M. E. Bloch, <i>Naturgeschichte der Fische,</i> 1782-95. Est: € 50,000
    <b>Ketterer Rare Books, May 27:</b><br>H. A. Châtelain, <i>Atlas historique,</i> 1718-20. Est: € 18,000
    <b>Ketterer Rare Books, May 27:</b><br>Bauhausbücher, complete series, 1925-30. Est: € 28,000
  • <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 30, 2019</b>
    <b>Forum Auctions May 30:</b> Bouchette (Lt.-Col.Joseph, Canadian Surveyor-General of British North America). A Plan of the Province of Upper Canada, manuscript map, [c.1790-1795]. £20,000 to £30,000
    <b>Forum Auctions May 30:</b> Browne (W.H.). Ten Coloured Views taken during the Arctic Expedition of Her Majesty's Ships "Enterprise" and "Investigator", first edition, presentation copy, 1850. £4,000 to £6,000
    <b>Forum Auctions May 30:</b> Lovelace (Ada).- Lacroix (Silvestre Francois). <i>An Elementary Treatise on the Differential and Integral Calculus,</i> first edition in English, Lovelace's copy, Cambridge, 1816. £3,000 to £4,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 30, 2019</b>
    <b>Forum Auctions May 30:</b> Rackham (Arthur). <i>Grimm's Fairy Tales,</i> one of 750 copies signed by the artist, 1909. One of several signed limited editions by Rackham in the sale. £1,000 to £1,500
    <b>Forum Auctions May 30:</b> Schedel (Hartmann). <i>Liber chronicarum [German] Das Buch der Croniken und Geschichten,</i> Augsburg, Johann Schonsperger, 1500. £10,000 to £15,000
    <b>Forum Auctions May 30:</b> Gandhi, Mohandas.- Eichenberg (Fritz, German-American illustrator). Autograph inscription by Ghandi with celebrated bust-length wood-engraved portrait by Eichenberg, c.1942. £10,000 to £15,000
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 30, 2019</b>
    <b>Forum Auctions May 30:</b> Shakespeare (William). <i>A Collection of Poems,</i> 2 vol. in 1, for Bernard Lintott, [1710-11]. £8,000 to £12,000
    <b>Forum Auctions May 30:</b> Churchill (SirWinston Spencer). Midland Conservative Club. Presidential Address Delivered by Winston Spencer Churchill, Esq., June 1st, 1899, first edition, [1899]. £10,000 to £15,000
    <b>Forum Auctions May 30:</b> [Walpole (Horace)]. <i>The Castle of Otranto, a Story,</i> first Dublin edition, Dublin, 1765. £800 to £1,200
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. May 30, 2019</b>
    <b>Forum Auctions May 30:</b> Dickens (Charles). Sketches by "Boz," Illustrative of Every-day Life, and Every-day People, [First Series] - Second Series, together 3 vol., first editions, first issues , 1836-7. £10,000 to £15,000
    <b>Forum Auctions May 30:</b> Wilde (Oscar). [Works], 14 vol., first collected edition, one of 80 sets on Japanese vellum, Methuen & Co., 1908. £8,000 to £12,000
    <b>Forum Auctions May 30:</b> Rowling (J.K.). <i>Harry Potter and the Philosopher's Stone,</i> first edition, first printing, 1997. £20,000 to £30,000

Rare Book Monthly

Articles - May - 2014 Issue

Antiquarian Bookseller Completes Successful Stock Market IPO

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Shapero Rare Books is a world leader in rare and antiquarian books.

New offerings in the stock market, IPO's (initial public offering), are common these days, particularly in the high tech field. Those from well-known brands like Facebook and Twitter received enormous publicity and billions of dollars in investments. Everyone, it seems, wants to participate. What you don't expect to see is public offerings in old technology, and what could be more old technology than antiquarian books? Of course, yesterday's technology can be today's collectible, and that was the justification for a recent IPO you might have missed. The company was Scholium Group. The IPO was not covered by Bloomberg News, nor debated by the talking heads on CNBC. The stock had no dramatic movement, either up or down, on opening day. This one definitely slid under the radar of the financial news beat.

 

Scholium Group, a name you may not recognize, has three major divisions. There is South Kensington Books, a London shop selling newer titles, and Ultimate Library, which provides books for libraries in luxury hotels and personal residences. However, the division that will be familiar to those in the rare and antiquarian book trade is Shapero Rare Books. Shapero has been selling high-end rare and antiquarian books and other works on paper since it was founded by Bernard J. Shapero in 1979. Scholium acquired Shapero Rare Books a few years ago when its finances became tight, but Mr. Shapero remains with the firm in senior management.

 

While many dealers have found these to be challenging times in the rare book trade, evidently Scholium's CEO, Philip Blackwell, doesn't see it that way. He exudes confidence. Blackwell has long been involved in the book trade if not the rare book trade, he being of the English bookselling Blackwell family. He was previously Group CEO of the Oxford based Blackwell's book stores and international wholesaler. As for the antiquarian market, it should be noted that Shapero's segment, the high end, has been the most robust in recent years. In its registration statement, Scholium reported that Shapero had £5.38 million (roughly US $8.95 million) in sales last year. The average price per book sold was £6,100 ($10,140), the highest £400,000 ($665,000).

 

Scholium provided the following reasons for its seeking additional capital in the public market:

 

“provide it with capital to increase the stock of its business dealing in rare and antiquarian books and works on paper;

 

“provide it with capital to trade, in affiliation with other dealers, in the wider rare and collectibles market;

 

“provide it with access, in due course, to further capital to finance ongoing growth of the business, both organically and by acquisition of related businesses;

 

“attribute a value to its Ordinary Shares to increase employee motivation intended to be achieved by the employee incentivisation schemes; and

 

“enhance its public and corporate profile.”

 

Offered were 8 million shares at £1 each, for a total of £8 million, or US $13.3 million. Trading began on March 28 with listing on the AIM division of the London Stock Exchange. While the offering was not flashy, it was successful. All shares were sold. Adding retained shares, the company ended the day with a market value of £13.2 million ($21.9 million).

 

In a statement released prior to the offering, Mr. Blackwell said, “We are delighted to bring our company to market. The market for rare and collectible items is growing internationally alongside global wealth, and London is a key centre for this trade. The first step is to grow Shapero Rare Books, one of the most respected international dealers in rare books and other works on paper. Supportive capital from the London IPO market will allow us to take advantage of the attractive economics of the more general rare and collectibles market. High end dealers in these markets have limited access to capital and this will put us in a fantastic position to trade alongside these established specialist dealers to find and acquire high value items and collections beyond the reach of their normal capacity. These works will be sold on to the customers of Scholium and its dealer partners. We have an exciting opportunity to provide investors with exposure to the growing global high value collectibles market.”

 

After the IPO was completed, Mr. Blackwell concluded, “We are delighted to have received strong support from both institutional and retail investors. The market for rare and collectible items is growing internationally alongside global wealth, and London is a key centre for this trade.”

 

One point specific to Shapero is that they have connections with collectors to the east, Russia and other remnants of the old Soviet empire. Russia may not be filled with rich people, but there are a few of extreme wealth. Some are interested in acquiring the most important books of their own heritage, many of which found their way to Europe in the years when personal wealth was not considered a good thing in Russia. Shapero is helping facilitate that return.

 

Scholium's plan is to return a share of its profits to investors. They stated their first dividend, subject to “the Group's profitability, underlying growth, availability of cash and distributable reserves, and the need for funding to support the development and expansion of the business,” is envisaged as occurring in June 2015. They add that “the Company will adopt a progressive dividend policy thereafter.” For anyone who has ever dreamed of owning an antiquarian bookstore, but never wanted the hassle of actually running one, you can become a co-owner for as little as a pound, more or less. If you would like to track the stock, its ticker symbol on the London Exchange is SCHO (you may find it on U.S. sites as either SCHO.L or SCHO-GB).

Rare Book Monthly

  • <b>Swann Auction Galleries June 6:</b><br>John Carte, <i>The Frontispiece of the Cosmographical Clock,</i> hand-colored broadside, London, circa 1699. $2,000 to $3,000.
    <b>Swann Auction Galleries June 6:</b><br>John Fisk Allen & William Sharp, <i>Victoria Regia,</i> Boston, 1854. $15,000 to $20,000.
    <b>Swann Auction Galleries June 6:</b> George Catlin, <i>North American Indian Portfolio,</i> London, 1844. $30,000 to $50,000.
    <b>Swann Auction Galleries June 6:</b> Abraham Ortelius, <i>Islandia,</i> Antwerp, 1598. $5,000 to $7,500.
    <b>Swann Auction Galleries June 6:</b> Plancius Petrus, map of Southern Africa, Amsterdam, 1592-94. $3,000 to $5,000.
    <b>Swann Auction Galleries June 6:</b> Pieter Verbiest, <i>Nova Totius Terrarum Orbis Geographica,</i> Antwerp, 1636. $10,000 to $15,000.
    <b>Swann Auction Galleries June 6:</b><br>Emil B. Fischer, <i>Map of Southwestern Colorado,</i> lithograph, 1893. $2,000 to $3,000.
    <b>Swann Auction Galleries June 6:</b><br>A.P. Folie, <i>Plan of the Town of Baltimore,</i> Philadelphia, 1792. $7,000 to $10,000.
    <b>Swann Auction Galleries June 6:</b> Lewis Evans, <i>A General Map of the Middle British Colonies,</i> proof copy, annotated, signed & dated by Evans, Philadelphia, 1755. $30,000 to $50,000.
    <b>Swann Auction Galleries May 23:</b> Lester Beall, <i>Rural Electrification Administration,</i> 1939. $20,000 to $30,000.
    <b>Swann Auction Galleries June 6:</b> Jacob Robyn, after Arent Roggeveen, <i>The First Part of the Burning Fen,</i> with English text, Amsterdam, circa 1680. $20,000 to $30,000.
    <b>Swann Auction Galleries June 6:</b> Large bird’s-eye view of New York City, hand-painted photo, circa 1933. $2,000 to $3,000.
    <b>Swann Auction Galleries June 6:</b> Arundel Society, group of approx. 185 chromolithographed Renaissance paintings, late-19th century. $6,000 to $9,000.
  • <center><b>Chiswick Auctions</b>
    <b>Chiswick Auctions, May 29:</b> Rumphius (Georgius Everhardus). <i>D’Ambionsche Rariteitkamer,</i> FIRST EDITION, 61 handcoloured engraved plates, 1705. £10,000 to £15,000
    <b>Chiswick Auctions, May 29:</b> Collodi (Carlo) Le avventure di Pinocchio. <i>Storia di un burattino,</i> FIRST EDITION, frontispiece and 61 illustrations by Enrico Mazzanti, 1883. £8,000 to £12,000
    <b>Chiswick Auctions, May 29:</b> De Bry (T, J T & J I). <i>[Great Voyages, part IV] Americae sive Insignis & Admiranda Historia de Reperta primum Occidentali India,</i> FIRST EDITION, 23 engraved plates, 1594. £4,000 to £6,000
    <b>Chiswick Auctions, May 29:</b> Wine & Beer.-Kellermaysterey. <i>Gründtlicher bericht wie man alle wein Teütscher und Welscher landen vor allen zufallen bewaren...,</i> 16 leaves of manuscript notes, 1548. £2,000 to £3,000
    <b>Chiswick Auctions, May 29:</b> Table Globe'- Doppelmayr (J G) & Puschner (J G, engraver). An 8-inch German terrestrial table Globe, diameter c.200 mm, height c.300 mm, 1730. £6,000 to £8,000
    <center><b>Chiswick Auctions</b
    <b>Chiswick Auctions, May 30:</b> An album with 107 original watercolours featuring landscapes and views of various places in England, Scotland and Ireland, late 1840s. £600 to £800
    <b>Chiswick Auctions, May 30:</b> Hemingway (Ernest). Black and white, landscape photograph of man on horseback, signed and inscribed by Hemingway. £1,000 to £1,500
    <b>Chiswick Auctions, May 30:</b> Unrecorded autograph letter by Charles William Stewart to his father the Marquess of Londonerry, describing the ceremony of the presentation to Consul Bonaparte in January 1803. £6,000 to £8,000.
    <b>Chiswick Auctions, May 30:</b> Davis (William Heath). <i>Seventy-five Years in California,</i> Author's Section of the Argonaut Edition, no. 142 [of 250 copies] signed by the editor and publisher on limitation leaf. £1,500 to £2,000
    <b>Chiswick Auctions, May 30:</b> Prussian Royal Family. Six signed photographs of members of Prussian Royal Family, in a contemporary folding triptych, ebonised wood display case. £1,500 to £2,000

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