Rare Book Monthly

Articles - August - 2018 Issue

St. Gregory must be turning over in his grave

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An efficient place to buy rare books.

The efficient way to buy old books is when they are being liquidated at unreserved auction.  Better yet, buy them at a bankruptcy sale.  Such sales do not occur often but when they do the prices can be very low.  Such was the case in Oklahoma City recently where the assets of St. Gregory’s University, that committed the sin of insolvency, were disposed as efficiently as Marie Antoinette’s head was severed.  For St. Gregory who, in the Catholic Church, is commonly known as Pope Saint Gregory, and who passed away in 1606 this recent sale of his name sake institution must have seemed like penitence [and probably was].

 

Religious institutions tend to get screwed at auction, probably because for centuries they distained ‘commerce’ as beneath them.  That’s not a good approach now, if it ever was.  Know what you have and carefully prepare.  Leaving it to luck often doesn’t work out.

 

In this case the auctioneers were hired by a District Bankruptcy Court [THIS IS A TIP-OFF!] and the focus seems to have been on speed.  Lest anyone reading this wonder if speed is important the answer is a resounding no.  Description, promotion and timing are the crucial factors.

 

This sale on July 12th was complicated as the contents of the library and the rare book room had to share the marquee with exercise equipment, televisions, a hot dog roller & Bun Warmer, and other miscellaneous debris.  As no expense was allocated for descriptions they are close to non-existent. 

 

As for the outcomes, it is easy to guess but difficult to confirm if the prices made sense.  The apparently most important book in the sale was a Koberger Bible, printed in 1477.  It sold for $13,300, hopefully to the great bible collector who also actually lives nearby:  David Green.  If so, it will soon make its way to his Bible Museum in Washington, D. C.

 

Other printed material sold included:

 

  A Plutarch book printed in 1538 sold for $425

  A Plutarch book printed in 1579 sold for $350

  A page from the Akin Bible (First Bible printed in the United States in 1782) sold for $625

  The Theory of the Earth, by Thomas Burnett, printed in 1684, sold for $2,600

  Legal book Francisci Nigri Cyriacl Ma Cyriacus Fancisc, printed in 1664, sold for $2,200

  Religious contents of Martin Luther, dated 1556, sold for $2,200

  A History of the Reformation 1715, and Book of Letters of St. Augustine 1517 A.D. Sold for  $1,250

 

The rest of the university’s Rare Book Room, holding approximately 3,000 rare books, was sold for $16,900 and their roughly 12,000 Catholic and religious books released for $21,300.  Finally, the 44,000-volume student library changed hands for an unknown sum.


Posted On: 2018-08-03 16:09
User Name: wklimon

St. Gregory's University was named for Pope St. Gregory the Great, who died in A.D. 604.

Very sorry to hear about this fire sale.


Posted On: 2018-08-21 11:21
User Name: michaelmacelletti

it is always wonderful to hear about really great book sales
AFTER THE SALE !!

thank you rarebookhub.


Rare Book Monthly

  • <b>Swann Auction Galleries:</b> Ian Fleming, <i>Goldfinger,</i> first edition, inscribed to Sir Henry Cotton, MBE, London, 1959. Sold for $25,000.
    <b>Swann Auction Galleries:</b> Joseph Brant, Mohawk Chief, ALS, writing after pledging support to King George III against American rebels, 1776. Sold for a record $35,000.
    <b>Swann Auction Galleries:</b> Sonia Delaunay, <i>Ses Peintures</i> . . ., 20 pochoir plates, Paris, 1925. Sold for a record $13,750.
    <b>Swann Auction Galleries:</b> Diana, Princess of Wales, 6 autograph letters signed to British <i>Vogue</i> editor, 1989-92. Sold for $10,400.
    <b>Swann Auction Galleries:</b> Alexander Hamilton, ALS, as Secretary of the Treasury covering costs of the new U.S. Mint, 1793. Sold for $12,500.
    <b>Swann Auction Galleries:</b> Benjamin Graham & David L. Dodd, <i>Security Analysis,</i> first edition, inscribed by Graham to a Wall Street trader, NY, 1934. Sold for $20,000.
    <b>Swann Auction Galleries:</b> George Barbier & François-Louis Schmied, <i>Personnages de Comédie,</i> Paris, 1922. Sold for $9,375.
    <b>Swann Auction Galleries:</b> Alphonse Mucha, <i>Ilsée, Princesse de Tripoli,</i> Paris, 1897. Sold for a record $13,000.
    <b>Swann Auction Galleries:</b> Ralph Waldo Emerson, <i>The Dial,</i> first edition of the reconstituted issue, Emerson’s copy with inscriptions, Cincinnati, 1860. Sold for a record $3,250.
  • <b>Bonhams, Jun 13 results:</b> Darwin, Charles. <i>On the Origin of Species.</i> Presentation Copy. Sold for $500,075.
    <b>Bonhams, Jun 13 results:</b> Darwin, Charles. Autograph Letter Signed, 3 pp, negotiating the 2nd American edition with Appleton. Sold for $21,325.
    <b>Bonhams, Jun 13 results:</b> Hemingway, Ernest. Autograph Letter Signed, 8 pp, Paris, 1924, to his father discussing Bullfighting, Stories, and his new baby. Sold for $25,075.
    <b>Bonhams, Jun 13 results:</b> Shakespeare, William. <i>Corialanus.</i> London, 1623. 1st printing [Extracted from the First Folio]. Sold for $50,075.
    <b>Bonhams, Jun 13 results:</b> Swift, Jonathan. <i>Gulliver's Travels.</i> London, 1726. 1st edition, Teerink's A edition, fine, large copy. Sold for $21,325.
    <b>Bonhams, Jun 13 results:</b> Fitzroy, Robert. Autograph Letter Signed to agent Thomas Stilwell, informing him of the progress of H.M.S. Beagle. Sold for $17,575.
    <center><b>Bonhams<br> Property from the Collection of Nicole and William R. Keck II</b>
    <b>Bonhams, Jun 13 results:</b> Shakespeare, William. <i>Sonnets.</i> 1901. 2 volumes. Printed on vellum and illuminated by Ross Turner, bound by Trautz-Bauzonnet. Sold for $13,825.
    <b>Bonhams, Jun 13 results:</b> Beardsley, Aubrey. <i>The Birth, Life, and Acts of King Arthur.</i> 1893-94. 2 volumes. Contemporary painted vellum gilt by Chivers. Sold for $5,325.
    <b>Bonhams, Jun 13 results:</b> Assisi, St. Francis. <i>The Canticle of Brother Sun.</i> Illuminated on vellum, for the Grolier Society. Sold for $7,575.
    <b>Bonhams, Jun 13 results:</b> Rackham, Arthur. <i>Peter Pan in Kensington Gardens.</i> 1/500 copies signed by Rackham. Sold for $4,825.
    <b>Bonhams, Jun 13 results:</b> Proust, Marcel. <i>Du coté de chez Swann.</i> 1st edition, 1st issue. Inscribed by Proust. Sold for $8,825.
  • <b>Mayfair Book Auctions, July 17:</b><br>Lot 14. [CRIMEAN WAR] HAMLEY. <i>The Story of the Campaign of Sebastopol.</i> 1855. £150 to £200
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 17. JONGH & D'ALMEIDA. <i>L’armee Russe...</i> c.1898. Colour plates and many illustrations. £500 to £600
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 18. [RUSSIA] LE PRINCE. <i>Oeuvres. 1782.</i> Rare folio format with 80 etchings and 74 aquatints. £4000 to £6000
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 21. [RUSSIA] MORNAY. Set of 8 hand-coloured aquatints of carriages, sleighs and occupants. c.1825. £1200 to £1800
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 33. BOWDICH. <i>Excursions in Madeira and Porto Santo.</i> 1825. A fine copy. £800 to £1200
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 37. QUIN. <i>An Historical Atlas.</i> 1836. 2nd edn, 21 hand-coloured maps revealing civilisation. £800 to £1200
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 39. LE BRUN. <i>Voyages [...] par la Moscovie, en Perse...</i> 1718. 300+ engravings, panorama. £4500 to £5500
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 48. BRIERLY. <i>The English and French fleets in the Baltic.</i> 1855. Colour lithographs. £7000 to £9000
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 60. DELLA VALLE. <i>Reise Beschreibung... in Turckey, Egypten, Palestina[...].</i> 1674. £1500 to £2000
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 77. MURRAY, Mrs. Watercolour Album of Heaths. c.1860. 55 original watercolours. £750 to £1000
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 91. ADDISON. <i>Works...</i> 1721. 4 vols, large paper copy, English red morocco. £2500 to £3500
    <b>Mayfair Book Auctions, July 17:</b><br>Lot 96. HOLBEIN. Imitations of original drawings. 1792-1800. Exceptional copy. £4000 to £6000

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