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

  • Sotheby’s
    Bibliotheca Brookeriana:
    A Renaissance Library. The Aldine Collection D-M
    18 October 2024
    Sotheby’s, Oct. 18: Herodianus Syrus, Herodiani Historiarum, Venice, Heirs of Aldo & Torresano, 1524, Parisian binding for Jean Grolier by Jean Picard, ca. 1540
    Sotheby’s, Oct. 18: Musaeus, Opusculum de Herone et Leandro, Venice, Aldo, 1495 (Greek text), interleaved with 1497–1498 (Latin text), English olive morocco by Charles Lewis, the Botfield copy
    Sotheby’s, Oct. 18: Horatius Flaccus, Horatius, Venice, Aldo, 1501, Bolognese brown goatskin (between 1501 and 1503), arms of Mino Rossi and illuminated initials throughout
    Sotheby’s, Oct. 18: Lucretius, De rerum natura, Venice, Aldo, 1500, English early eighteenth-century red morocco, the Fletcher copy
    Sotheby’s, Oct. 18: Dante, Le terze rime, Venice, Aldo, 1502, illuminated, contemporary Bolognese morocco binding
  • Bonhams, now to Oct. 24: CATESBY, MARK. 1683-1749. The Natural History of Carolina, Florida, and the Bahama Islands. $100,000 - $150,000
    Bonhams, now to Oct. 24: AUDUBON, JOHN JAMES. 1785-1851. The Birds of America, from Drawings Made in the United States and their Territories. $30,000 - $50,000
    Bonhams, now to Oct. 24: ADAMS ON HIS PEAR TREES AND A LOST PORTRAIT BY SALEM ARTIST HANNAH CROWNINSHIELD. ADAMS, JOHN. 1735-1826. $10,000 - $15,000
    Bonhams, now to Oct. 24: EARLIEST MAP DEVOTED TO NORTH AMERICA. FORLANI, PAULO. fl.1560-1571. $20,000 - $30,000
    Bonhams, now to Oct. 24: HAMILTON DEFENDS THE CONSTITUTION. HAMILTON, ALEXANDER. 1757-1804. $20,000 - $30,000
    Bonhams, now to Oct. 24: NO TAXATION WITHOUT REPRESENTATION BROADSIDE. Boston, September 14, 1768. $5,000 - $8,000
    Bonhams, now to Oct. 23: ONE OF THE EARLIEST ILLUSTRATIONS OF A SURGICAL PROCEDURE. BARTHOLOMAEUS ANGLICUS. $10,000 - $15,000
    Bonhams, now to Oct. 23: RICHARD FEYNMAN'S ANNOTATED COPY, WITH TWO EARLY FEYNMAN AUTOGRAPH MANUSCRIPTS. $15,000 - $25,000
    Bonhams, now to Oct. 23: THE FOUNDATIONS OF MODERN COMPUTING. TURING, ALAN MATHISON. 1912-1954. $30,000 - $50,000
    Bonhams, now to Oct. 23: FINE OIL PORTRAIT OF ALBERT EINSTEIN BY EUGEN SPIRO. $40,000 - $60,000
    Bonhams, now to Oct. 23: PENICILLIN MOLD MEDALLION INSCRIBED BY ALEXANDER FLEMING. FLEMING, ALEXANDER. 1881-1955. $30,000 - $50,000
    Bonhams, now to Oct. 23: APPLE "TWIGGY" MACINTOSH PROTOTYPE USED IN THE DEVELOPMENT OF DEMONSTRATION SOFTWARE. $80,000 - $120,000
  • Freeman’s | Hindman, Oct. 24:
    A Superb Extra-illustrated Copy of Nicolay and Hay’s Work About Lincoln. $50,000 – 70,000.
    Freeman’s | Hindman, Oct. 24:
    The First Volume of De Bry's Great Voyages, Thomas Hariot's Description of Virginia. $50,000 – 70,000.
    Freeman’s | Hindman, Oct. 24:
    An autographed cabinet card of Custer as lieutenant colonel. From his last sitting. $800 – 1,200.
    Freeman’s | Hindman, Oct. 24:
    The Congressional Committee, Lincoln's Funeral Springfield Illinois, 3 May 1865. $4,000 – 6,000.
    Freeman’s | Hindman, Oct. 25:
    A remarkable ninth plate daguerreotype of an interracial couple. $30,000 – 50,000.
    Freeman’s | Hindman, Oct. 25:
    What may be the earliest known images of an identified plantation and enslaved African Americans posed with their owner. $20,000 – 30,000.
    Freeman’s | Hindman, Oct. 25:
    Through Tickets to All Principal Points West Via Chicago Burlington and Quincy Railroad For Sale at This Office. $500 – 700.
    Freeman’s | Hindman, Oct. 25:
    15th New York Infantry / Regiment of Engineers GAR regimental colors. Ca 1880. $1,500 – 2,500.
  • Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1556. Senghor, Les Élégies Majeures. Geneve 1978.
    Jeschke Jádi, Oct. 25-26: Lot 1572. Lew Tolstoy. Anna Karenina. First Edition, Moscow, 1878.
    Jeschke Jádi, Oct. 25-26: Lot 49. Petrarca. Das Gluecksbuch, Augsburg, 1536.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1060. Immanuel Kant, Critik der reinen Vernunft. First Edition, Riga, 1781.
    Jeschke Jádi, Oct. 25-26: Lot 585. Bonaparte, Iconografia della fauna Italica. Rome, 1832f.
    Jeschke Jádi, Oct. 25-26: Lot 548. Robert Fludd. Utriusque cosmi maioris, Frankfurt, 1617f.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1496. Jacob / Picasso. Chronique des Temps, 1956.
    Jeschke Jádi, Oct. 25-26: Lot 571. Christian von Wolff. Works, Halle 1741f.
    Jeschke Jádi, Oct. 25-26: Lot 969. Karl Friedrich Schinkel, Dekorationen innerer Raeume. Berlin 1874.
    Jeschke Jádi
    Auction 153
    Friday October 25 and Saturday October 26, 2024
    Jeschke Jádi, Oct. 25-26: Lot 1457. Goethe. Das Tagebuch. Print on Vellum. Berlin, Officina Serpentis. 1934.
    Jeschke Jádi, Oct. 25-26: Lot 1316. Tolouse-Lautrec. Dessinateur. Duhayon binding, 1948.
    Jeschke Jádi, Oct. 25-26: Lot 30. Michael de Hungaria. Sermones praedicabiles, Strasbourg, 1494.
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    Institutional Collections & Deacccessioned Books
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    Institutional Collections & Deacccessioned Books
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