Rare Book Monthly

Articles - December - 2015 Issue

The Royal Institution is Selling Some of Its Iconic Books: Is this a Bad Thing?

The Royal Institution. Photo: Royal Institution / T Mitchell.

The Royal Institution. Photo: Royal Institution / T Mitchell.

There is an auction sale taking place this first day of December that is notable for more than the material offered, though it is certainly special. It is its source that is notable, a source of some controversy, though not nearly what it once would have caused. Institutional deaccessioning, once dependably controversial, is less so today. Reality sets in.

 

The Royal Institution, for over 200 years a supporter of scientific research and a repository of its findings, has found itself in some financial difficulties over the past decade. The Institution undertook some significant projects in its Mayfair (London) building during the first decade of this century. It's an enormous building that has been around since the group's founding in 1799, so some upgrades are occasionally necessary. It was an expensive project, leaving the Institution with more debt than it could handle. The result was it had to seriously consider selling its building a few years ago.

 

Fortunately, the Royal Institution's home was saved by an anonymous gift of £4.4 million. However, that still leaves it with £2 million needing to be repaid. The trustees reached the conclusion that the best way to handle the remaining debt load would be to sell some of the books in its collection. Additionally, they will be making some space in their building available for rent to bring in additional income. The trustees selected 85 items from their collection, which they described as "non-core heritage items." The material is estimated to be worth £750,000 (approximately $1,150,000).

 

The highlight is a copy of Vesalius' De humani corporis fabrica libri septem. Published in 1543, it has been called "the most famous anatomical work ever published,...and the milestone in all medical history." Vesalius reached his conclusions based on dissecting the human body. That may sound obvious today, but was a radical idea at the time. Galen, then the authority, made his observations by dissecting the bodies of animals. This book is estimated to sell for £140,000 - £220,000 ($214,760 - $337,480). It also explains what is "non-core" for the Royal Institution. It has specific, extensive collections, most notably that of Michael Faraday. Faraday was the 19th century physicist who conducted all sorts of experiments with electricity. He did much of his work at the Royal Institution. Recently, the Institution purchased 30 Faraday letters to add to its collection.

 

Some scientists raised objections. Sir Andre Geim, winner of the Nobel prize for physics, was reported to have said the Royal Institution should reconsider a suggestion made a couple of years earlier to merge with the Royal Society instead. However, for the most part, the reaction seems to have been subdued. A few years ago, the idea of selling off significant books from an institutional collection likely would have generated widespread outrage. Today, there is greater understanding that sometimes practical financial concerns must trump preserving every last item within such a collection.

 

The Royal Institution explained its decision in a statement from its Chairman, saying, "The Ri is committed to preserving and promoting our unique scientific legacy. We believe that taking these necessary steps will provide a strong foundation from which to safeguard our core heritage collection - the Faraday Museum and Archive Collection - and continue our vital work across all of our charitable programmes for the benefit of future generations."

 

From a collecting standpoint, this is not the worst of news. Certainly, there is disappointment in seeing public-spirited if not publicly owned institutions dispersing cultural icons. For so many years, institutions have built up and preserved great collections of historical material. However, in so doing, they have made some of the best items virtually unavailable to private collectors, while driving up the prices of the few examples that are left in circulation. Making the finest material extremely expensive if not unobtainable is not the best way to encourage collecting. Perhaps there are worse things that can happen to historic works than to see a few examples come out of rarely used institutional collections and into the hands of collectors who will truly cherish having them for some brief period of time, and then turning them over to the next generation of collectors to share in that experience.

Rare Book Monthly

  • 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€
  • Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Th. McKenney & J. Hall, History of the Indian tribes of North America, 1836-1844. Est: €50,000
    Ketterer, May 26: Biblia latina vulgata, manuscript on thin parchment, around 1250. Est: €70,000
    Ketterer, May 26: M. Beckmann, Fanferlieschen Schönefüßchen, 1924. Est: €10,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: A. Ortelius, Theatrum orbis terrarum, 1574. Est: €50,000
    Ketterer, May 26: M. S. Merian, Eurcarum ortus, alimentum et paradoxa metamorphosis, 1717-18. Est: €6,000
    Ketterer, May 26: PAN, 9 volumes, 1895-1900. Est: €12,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Breviarium Romanum, Latin manuscript, 1474. Est: €15,000
    Ketterer, May 26: Quran manuscript from the Saadian period, Maghreb, 16th century. Est: €10,000
    Ketterer, May 26: E. Hemingway, The old man and the sea, 1952. First edition in first issue jacket. Presentation copy. Est: €3,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Flavius Vegetius Renatus, De re militari libri quatuor, 1553. Est: €3,000
    Ketterer, May 26: K. Marx, Das Kapital, 1867. Est: €30,000
    Ketterer, May 26: Brassaï, Transmutations, 1967. Est: €6,000
  • Leland Little, May 21: Signed Artist Proof of the Monumental G.O.A.T.: A Tribute to Muhammad Ali.
    Leland Little, May 21: Assorted Rare Publications Related to H.P. Lovecraft, Including The Recluse Signed by Vincent Starrett.
    Leland Little, May 21: Two Issues of The Vagrant, Including the First Appearance of H.P. Lovecraft's "Dagon" in Number Eleven.
    Leland Little, May 21: Rare First Printing of Anne of Green Gables, With ALS from the Author.
    Leland Little, May 21: First Edition of Hemingway's The Old Man and the Sea, In First Issue Jacket.
    Leland Little, May 21: The Limited Paumanok Edition of The Complete Writings of Walt Whitman.
    Leland Little, May 21: Beautifully Bound Limited Flaubert Edition of The Works of Guy de Maupassant.
    Leland Little, May 21: First Edition of Bonaparte's Celebrated American Ornithology, With Spectacular Hand-Colored Plates.
    Leland Little, May 21: A Rare Complete Set of Jardine's The Naturalist's Library, With Hand-Colored Plates.
    Leland Little, May 21: Invitation to the Lincoln-Johnson National Inaugural Ball, March 4th, 1865.
    Leland Little, May 21: A Scarce Inscribed First Edition of James Baldwin's Nobody Knows My Name.
    Leland Little, May 21: Picasso's Le Goût du Bonheur, Limited Edition.
  • 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

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