Rare Book Monthly

Articles - August - 2018 Issue

Bear Facts

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Recently the original map of Winnie-the-Pooh’s Hundred Acre Wood by E. H. Shepard was sold for $570,137 [BP 430,000].  Created in 1924, It was sold 49 years ago by Sotheby’s in London for BP650 and again recently on the 99th, this time for BP430,000 for a compounded rate of return of 14.17% for each of its 49 years.  Nice work if you were the buyer... in 1968.  So, what is it that has changed the market’s perspective?    Is it just that old books and artwork almost always increase in value or is there something special going on here?  Let’s start with Sotheby’s description.

 

PROBABLY THE MOST FAMOUS MAP IN ENGLISH LANGUAGETHIS ILLUSTRATION HAS BEEN IN PRIVATE COLLECTION FOR ALMOST FIVE DECADES.  Once Milnme had created the literary landscape of the hundred acre wood and surrounding features, it was Shepard ho firmly established the visual setting.  With typical Shepard humour the map is supposed to be the work of Christopher Robin (“Drawn by me and Mr. Shepard helpd”) and includes a number of Christopher Robin’s own spellings (“pikniks”, “raletions” and “rox”.)  The map was reproduced on the endpapers of Winnie-the Pooh and, at least for Shepard, established a defi9nite visual style.  In 1931 when Shepard worked on The Wind in the Willows his first innovation was to introduce a map of the locality on the endpapers.  Both maps, of course, pre-date those in Tolkien’s The Hobbit.  Just as Shepard’s map is the means of entry to the book, it is also the first animated sequence in the Disney film (Winnie-the-Pooh and the Honey Tree, 1966).  Shepard produced at least two preliminary drawings for the map (one in the collection of the V & A Museum and an earlier sketch sold in these rooms, 17 December 2008).  This, the original as used by the publishers, was sold in these rooms, 17 December 2008).  This, the original as used by the publishers, was sold by Shepard in his exhibition at The Sporting Gallery, 26 November – 21 December 1926.  It was given the title, in the exhibition catalogue, as simply “Map of Pooh’s Country”.  Below the mount Shepard has added the caption “Winnie-the-Pooh.  Map for end papers”.  The reverse of the board also notes “Map for End Papers”.

 

Looking at all old and rare books in the Rare Book Hub Transaction Database that brought at auction $650 in 1968, they have on average increased in value to $8,828 today, a nice annual increase of 5.47% compounded, but hardly the mind-bending 14.17% this incandescent map has.

 

The Pooh stories have aged well, very well in fact, and this map, an important original illustration of the series, has become an icon.  So, if you loved these stories and have had money to burn, what nicer thing to have on your wall than this important, easily identifiable original illustration.

 

For five generations Winnie-the-Pooh has been required listening if not reading for a large audience of English speakers and slowly this children’s tale has grown in stature as generation after generation have told and retold the Pooh stories.  As luck would have it, today, many of those once children have grown into the women and men that collect and many collect material that resonated with them when they are small.

 

For them, this is a rare gem and a keeper.

 

The future of this collectible will rise and fall with interest in the Pooh series.  At the recent Comic-Con in San Diego books and artwork have had their place but today’s youth seems far more taken with interactive electronics and comic book and movie impersonation.  As to how many visitors came dressed as Winnie-the-Pooh I suspect not many for the timeless characters of A. A. Milne, while aging well, more resonate with those of a certain age who now buys their bus tickets for half-price and their icons for six figures.


Posted On: 2018-08-01 05:38
User Name: battledore

This original published map of the Hundred Acre Woods from the 1926 endpapers of WINNIE is among the most iconic recognizable images from any 20th century children's book. As I had discussed with our client, who bid over the telephone and at £320,000 hammer he was the underbidder, hanging on his wall at home, anyone who might visit would just need a glimpse of the map from a distance to recognize what it is (assuming they had an educated childhood). It has been rumored that the map was actually purchased by a member of the Royal Family as a gift to the Royal Nursery for the children of the Duke and Duchess of Cambridge.


Rare Book Monthly

  • <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
  • <b>Swann Auction Galleries May 23:</b> <i>Dramatized Sales Methods,</i> designers unknown, 36 pamphlets, 1930. $3,000 to $4,000.
    <b>Swann Auction Galleries May 23:</b> Paul Rand, <i>IBM,</i> 1982. $2,000 to $3,000.
    <b>Swann Auction Galleries May 23:</b> Charles Loupot, <i>Peugeot,</i> 1926. $40,000 to $60,000.
    <b>Swann Auction Galleries May 23:</b> Wladyslaw Strzeminski, <i>[Create the “Week of the Red Gift” Everywhere],</i> 1919. $40,000 to $60,000.
    <b>Swann Auction Galleries May 23:</b> Charles Loupot, <i>Twining,</i> 1930. $30,000 to $40,000.
    <b>Swann Auction Galleries May 23:</b> Charles Loupot, <i>Lion Noir / Cirage – Crème,</i> 1949. $30,000 to $40,000.
    <b>Swann Auction Galleries May 23:</b> Adolphe Mouron Cassandre, <i>Triplex,</i> 1931. $20,000 to $30,000.
    <b>Swann Auction Galleries May 23:</b> Adolphe Mouron Cassandre, <i>Étoile du Nord,</i> 1927. $15,000 to $20,000.
    <b>Swann Auction Galleries May 23:</b> Edward McKnight Kauffer, <i>Shop Between 10 and 4, The Quiet Hours, And by Underground,</i> 1930. $8,000 to $12,000.
    <b>Swann Auction Galleries May 23:</b> Lester Beall, <i>Rural Electrification Administration,</i> 1939. $20,000 to $30,000.
  • <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
  • <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

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