• <center><b>Case Antiques<br>Important Two-Day Winter Auction<br>January 25 & 26, 2020</b>
    <b>Case Antiques, Jan. 25-26:</b> Signed Abraham Lincoln Civil War era document appointing Green Clay of Kentucky as Secretary of the Legation of the United States at St. Petersburg, Russia, July 15, 1861. $3,000 to $3,500.
    <b>Case Antiques, Jan. 25-26:</b> Original Bambi (1942) animation cel, inscribed Walt Disney's Bambi and signed Walt Disney. $3,000 to $3,500.
    <b>Case Antiques, Jan. 25-26:</b> Original Snow White animation cel, with Walt Disney signature on mat, lower right. $3,000 to $3,500.
    <center><b>Case Antiques<br>Important Two-Day Winter Auction<br>January 25 & 26, 2020</b>
    <b>Case Antiques, Jan. 25-26:</b> Civil Rights Era Archive relating to U.S. Deputy Marshal Dick Bagby (1933-2003) of Dallas, TX, including letters from President John F. Kennedy and Robert Kennedy, U.S. Attorney General. $1,400 to $1,800.
    <b>Case Antiques, Jan. 25-26:</b> President Andrew Jackson autograph letter, unsigned, regarding a special presentation cane sent via General John Moore McCalla to Gov. George Breathitt of Kentucky. January 18th, 1833. $800 to $1,200.
    <b>Case Antiques, Jan. 25-26:</b> Four (4) Presidential signed 17th/18th Century Books - two signed by Millard Fillmore, and two signed by James Buchanan. $1,000 to $1,200.
    <center><b>Case Antiques<br>Important Two-Day Winter Auction<br>January 25 & 26, 2020</b>
    <b>Case Antiques, Jan. 25-26:</b> President Andrew Jackson signed military commission document conferring on George Washington McLean the rank of Second Lieutenant of Marines. Signed January 4, 1834. $800 to $1,000.
    <b>Case Antiques, Jan. 25-26:</b> Three (3) Southern Maps, including two (2) Antonio Zatta 1778, one (1) South Carolina 1796. $600 to $800.
    <b>Case Antiques, Jan. 25-26:</b> Black Forest German Forestry Apprenticeship Certificate issued to Carl Heshel by Von Fahnenburg, the Forest Master from the Royal District, February 1, 1824. $500 to $550.
    <center><b>Case Antiques<br>Important Two-Day Winter Auction<br>January 25 & 26, 2020</b>
    <b>Case Antiques, Jan. 25-26:</b> Harper Lee, <i>TO KILL A MOCKINGBIRD,</i> signed 40th anniversary edition. NY: HarperCollins, 1999. $300 to $350.
    <b>Case Antiques, Jan. 25-26:</b> Archive of twenty-five (25) items related to the administration of President Dwight D. Eisenhower, President John Fitzgerald Kennedy, and President Lyndon Baines Johnson. $400 to $500.
    <b>Case Antiques, Jan. 25-26:</b> Sixteen (16) 20th Century Celebrity Autographed Books, including Paul Newman, A. E. Hotcher, Leonard Bernstein, Clint Eastwood, Norman Rockwell, Groucho Marx, Johnny Cash, and more. $300 to $350.
  • <center><b>Forum Auctions<br>Fine Books, Manuscripts<br>and Works on Paper<br>22nd January 2020</b>
    <b>Forum Auctions, Jan. 22:</b> Astronomical manuscript.- Kalendarium cum Tabulis Astronomicis; and other astronomical texts, [?Northern Italy (possibly Verona or Bologna), c.1470]. £40,000 to £60,000.
    <b>Forum Auctions, Jan. 22:</b> Melville (Herman). <i>Moby-Dick; or The Whale,</i> first American edition, New York, 1851. £10,000 to £15,000.
    <b>Forum Auctions, Jan. 22:</b> Malta.- Binding.- Sovereign Military Order of Malta.- <i>Gli Statuti della Sacra Religione di S. Gio: Gierosolomitano…</i> Rome, Giacomo Tornieri and Giacomo Ruffinello, 1589. £10,000 to £15,000.
    <center><b>Forum Auctions<br>Fine Books, Manuscripts<br>and Works on Paper<br>22nd January 2020</b>
    <b>Forum Auctions, Jan. 22:</b> Britain.- Jansson (Jan). <i>Novus atlas, sive theatrum orbis terrarum,</i> vol.4 only [Britain and Ireland], 56 double-page engraved maps, Amsterdam, 1659. £7,000 to £10,000.
    <b>Forum Auctions, Jan. 22:</b> Dodgson (Charles Lutwidge). <i>Alice's Adventures in Wonderland,</i> second (first published) edition, 1866; and 2 others from the series. £5,000 to £7,000.
    <b>Forum Auctions, Jan. 22:</b> Cervantès Saavedra (Miguel de). <i>Novelas Exemplares,</i> rare at auction, Milan, Giovanni Battista Bidelli, 1615. £4,000 to £6,000.
    <center><b>Forum Auctions<br>Fine Books, Manuscripts<br>and Works on Paper<br>22nd January 2020</b>
    <b>Forum Auctions, Jan. 22:</b> Tolkien (J.R.R.). Printed programme for the New College School, Oxford, production of The Hobbit, signed by Tolkien, 1967. £4,500 to £5,500.
    <b>Forum Auctions, Jan. 22:</b> Thucydides. <i>The hystory, writtone by Thucidides the Athenyan, of the warre, whiche was betwene the Peloponesians and the Athenyans,</i> first edition in English, 1550. £4,000 to £6,000.
    <b>Forum Auctions, Jan. 22:</b> Wesley (John). Autograph Letter signed "My Dear Sister [?Mary Stokes], exhorting her to write more often and dealing with her problems, 1773. £2,000 to £3,000.
    <b>Forum Auctions, Jan. 22:</b> Leaf from an illuminated book of hours with the Four Evangelists, illuminated by the workshop, or a close follower of the Maître de l'Échevinage. Northern France (possibly Rouen), c.1480. £2,000 to £3,000.
  • <center><b>Chiswick Auctions<br>Books & Works on Paper<br>January 28, 2020</b>
    <b>Chiswick Auctions, Jan. 28:</b> <i>Byblia in vulgar ultimamente impressa,</i> illustrated, folio, Lazaro de Soardi & Bernardino Benali, Venice,1517. £8,000 to £12,000.
    <b>Chiswick Auctions, Jan. 28:</b> Milio (Agostino). <i>Nuovo dialogo delle devozioni del sacro monte della Verna,</i> FIRST and ONLY EDITION, illustrated, 4to, Stamperia Ducale, Florence, 1568. £800 to £1,200.
    <b>Chiswick Auctions, Jan. 28:</b> Joyce (James). <i>Ulysses,</i> First English edition, NUMBER 23 OF 2000 COPIES, , 4to, Egoist Press, Paris, 1922. £800 to £1,200.
    <b>Chiswick Auctions, Jan. 28:</b> Dumas (Marlene). <i>Doornrosie,</i> lithograph printed in colours, signed, 370 x 440 mm, 1989. £800 to £1,200.
    <b>Chiswick Auctions, Jan. 28:</b> Japanese Culture.- Kimbei (Kusakabe). Two albums of hand tinted albumen prints, each with 50 photos, each photo c.140 x 95mm, [late 19th century]. £800 to £1,200.
    <b>Chiswick Auctions, Jan. 28:</b> Miró (Joan) ARR. <i>Personnages sur Fond Noir,</i> NUMBER 38 OF 75 COPIES, lithograph, signed and dated, 305 x 445mm, 1948. £1,000 to £1,500.
    <b>Chiswick Auctions, Jan. 28:</b> Ray (Man). Autoportrait, photolithograph, initialled and inscribed by artist, ONE of 100 COPIES, 200 x 160mm, 1972. £800 to £1,200.
    <b>Chiswick Auctions, Jan. 28:</b> Wou-Ki (Zao). L'tang / The Pond, etching aquatint, number 2 of 3 only, signed by artist, 260 x 230 mm, Paris, Editions Galanis, 1972. £800 to £1,200.
    <center><b>Chiswick Auctions<br>Autographs & Memorabilia<br>January 28, 2020</b>
    <b>Chiswick Auctions, Jan. 28:</b> De Amicis (Edmondo). Postcards signed by Italian author and journalist Edmondo De Amicis, February 1897- August 1907. £2,000 to £3,000.
    <b>Chiswick Auctions, Jan. 28:</b> Live Aid.- Live Aid 1985 souvenir programme, signed by Bob Geldof, Cliff Richard, Paul McCartney, Linda McCartney, Freddie Mercury, and others, 1985-1991. £3,000 to £4,000.
    <b>Chiswick Auctions, Jan. 28:</b> 1944 Commonwealth Prime Ministers' Conference. Black and white, landscape photograph ft. all the Heads of Government of the British Commonwealth who attended the 1944 Prime Ministers' Conference in London, signed by all.
    <b>Chiswick Auctions, Jan. 28:</b> Walt Disney Production.- Dopey, original animation cel from Snow White approx. 180 x 180mm., Walt Disney Enterprises, 1937. £1,500 to £2,000.
    <b>Chiswick Auctions, Jan. 28:</b> Liszt (Franz). Carte-de-visite photograph by J.Ganz of Brussels of Franz Liszt, signed, 10 x 6.4cm, c. 1880. £1,000 to £1,500.
    <b>Chiswick Auctions, Jan. 28:</b> Fermi (Enrico). Autograph letter signed to Professor Tullio Levi Civita, 8vo, Florence, 9 May 1925; w/an autograph note from Professor Civita, 7 March 1934 (2). £1,800 to £2,200.
  • <b>One of a Kind Collectibles Auctions: Rare Autographs, Sports, Books and Photography. January 23, 2020</b>
    <b>One of a Kind Collectibles, Jan. 23:</b> Abraham Lincoln Endorsement Signed, March 16, 1865. Framed with a lithograph of Lincoln by Dwight C. Sturges.
    <b>One of a Kind Collectibles, Jan. 23:</b> Thomas Edison Stunning Signed Portrait.
    <b>One of a Kind Collectibles, Jan. 23:</b> Franz Liszt Signed Photo.
    <b>One of a Kind Collectibles Auctions: Rare Autographs, Sports, Books and Photography. January 23, 2020</b>
    <b>One of a Kind Collectibles, Jan. 23:</b> Subscription for Portraits of the Presidents Signed by J. Q. Adams, Polk, Jackson, Buchanan, and Writers Dickens, Bryant and More!
    <b>One of a Kind Collectibles, Jan. 23:</b> Vinson Supreme Court Signed Presentation Photo.
    <b>One of a Kind Collectibles, Jan. 23:</b> Marilyn Monroe & Joe DiMaggio Collection of Three Financial Items.
    <b>One of a Kind Collectibles Auctions: Rare Autographs, Sports, Books and Photography. January 23, 2020</b>
    <b>One of a Kind Collectibles, Jan. 23:</b> Rare Sigmund Freud ALS Related to Sexual Issues.
    <b>One of a Kind Collectibles, Jan. 23:</b> New York Yankees team signed baseball c.1937 including Gehrig, DiMaggio, Dickey, Gomez and others.
    <b>One of a Kind Collectibles, Jan. 23:</b> Salvador Dali Original Drawing in <i>Dali</i> by David Larkin.
    <b>One of a Kind Collectibles Auctions: Rare Autographs, Sports, Books and Photography. January 23, 2020</b>
    <b>One of a Kind Collectibles, Jan. 23:</b> Charles Wilson Peale, Association Miniature of Dr. Ebenezer Crosby after Charles Willson Peale. Gouache on ivory miniature attributed to Peale.
    <b>One of a Kind Collectibles, Jan. 23:</b> William McKinley Signed Oversize Photograph Incredible 20"x24".
    <b>One of a Kind Collectibles, Jan. 23:</b> Margaret Mitchell Signed <i>Gone With The Wind</i> -- First Edition.

Rare Book Monthly

Articles - January - 2020 Issue

The Pie is getting Larger

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It’s difficult to be older in a world that is less certain but there is some good news!

 

No, you aren’t getting younger but there is evidence of an increase in the number of auction buyers in the books, manuscripts, maps and ephemera categories and it’s a helpful sign.

 

People whose lives revolve around old and rare books face complex issues as they age because their children rarely want to join the field or inherit the debris.  That leaves the dealer or collector to sell as best they can.  Such material falls into two categories,  the commonly available that should go to listing sites to be discounted, and the unusual and important that can be sold by dealers or go to auction where such transactions become part of our statistics.    Most sellers will be optimistic and assume their material is highly collectible but auction houses and the market have seen this movie before and will generally not be convinced.  Such material then shifts toward the progressive discounting model on the listing sites until buyers are found, an adjustment that takes time because seller hope dies slowly. 

 

The seeds of today’s pessimism were planted years ago, when the market was thought to be monolithic.  Then we discovered it was not.  Some categories would be strong and others weak and the term employed to explain this - cyclical – a phrase that optimistically, and I think without any blanket justification, carries the seeds of recovery in it.  Today the new division is between the common and collectible and in ten years we’ll have gathered additional perspectives.

 

Pessimism is nothing new.  Dealers have been anxious for decades over the apparent absence of new collectors.  But there have been encouraging signs.  Auction houses have been entering the field and once in, built collectible paper into their calendars.  For them these are business decisions born of evidence they regularly see.  What’s been less certain has been whether that evidence is of sellers looking to sell, buyers looking to buy, or a combination of both.  The selling has been understandable, the buying a changing combination of dealers, institutions and collectors that to successfully absorb the rising tide of material coming out, was always going to require a significant increase in collectors.  And we are seeing this today. 

 

What’s been changing about  the market are three negative and one positive factors;  [1] on the downside ever increasing online inventory, [2] the aging of its principal owners, and [3] their increasing difficulty finding buyers even with price cuts.  On the bright side, there is a transition, now underway, as many collectors re-focus their collecting based less on dealer inventories and more on deeper searches and theoretical availability because such approaches are yielding surprisingly good results.  And in doing this, it strengthens collectors’ commitments by creating and meeting expectations.  This is the “hey, this works” model and it works well.

 

This narrower, more focused approach seems to be part of the reason the market has stabilized.  It’s simply more satisfying and seems to be sufficiently appealing to compete with other collecting forms.  So, you look and then look again and bit by bit you find the unexpected, often unappreciated, frequently at very reasonable prices.  

 

This is the new collecting.

 

Recently I saw a patch of blue sky for the future of such collections:  clear evidence of increasing numbers of buyers in the auction statistics we’ve been developing over the past 17 years.

 

As part of the Rare Book Hub / Americana Exchange database project we record auction statistics and the numbers are many, almost a blur.  But consider this.  The number of lots offered, percentage of lots sold  and the median sale price over the past 5 years, have all increased, suggesting the collectible paper market, at the auction level at least, is growing.  In real terms, in 2015, 423,000 lots were offered and this year a projected 510,000 when all the lots are counted, an increase of 18,000 lots annually [3.92%] that has also seen a rising percentage of lots selling, increasing from 73% to almost 77% over the same period.  That can’t happen without more participation and according to our sign-ups, it’s collectors that are making the difference.

 

 

 Year  Lots                    % Lots Sold                              Median Price

2019   512,463                          76+*                                        $275 projected**

2018   479,122                          75                                            $283

2017   418,028                          75                                            $267

2016   406,738                          73                                            $270

2015   422,909                          73                                            $266

* estimated when the last sales are archived

** projected when the last results are posted

 

So what does this mean?

 

At the auction level the market is growing and the purchases increasingly concentrated in the rare, unique and unusual and we believe it is collectors who are making the difference.    As they continue to learn they can carve out unique slices of the millions of items available they increasingly understand that collecting has become a search based business, something akin to an electronic game for codgers, that randomly turns up related material across the globe on various platforms and, when  they are open to it, notifies them.  And it’s a big deal.

 

 

 

Rare Book Monthly

  • <b>Bonhams:</b> SHAKESPEARE, WILLIAM. <i>Measure for Measure</i> (extracted from the First Folio). London, 1623. Sold for $52,575.
    <b>Bonhams:</b> HAWTHORNE, NATHANIEL. <i>Fanshawe, A Tale.</i> Boston, 1828. FIRST EDITION OF AUTHOR'S FIRST BOOK. Sold for $47,575.
    <b>Bonhams:</b> THOREAU, HENRY DAVID. <i>Walden; Or, Life in the Woods.</i> Boston, 1854. FINE COPY OF THE FIRST EDITION. Sold for $12,575.
    <b>Bonhams: </b> SHAKESPEARE, WILLIAM. <i>Comedies, Histories, and Tragedies.</i> London, 1685. THE FOURTH FOLIO, Brewster/Bentley issue. Sold for $43,825.
    <b>Bonhams:</b> STEIG, WILLIAM. Original maquette and 58 finished drawings for <i>The Agony in the Kindergarten,</i> one of Steig's most important books. Sold for $12,575.
    <b>Bonhams:</b> KING, STEPHEN. <i>Carrie.</i> New York, 1974. INSCRIBED FIRST EDITION, OF AUTHOR'S FIRST BOOK. Sold for $1,912.50.
    <b><center>Bonhams<br>Consignments invited (2020)</b>
    <b>Bonhams:</b> APPLE MACINTOSH PROTOTYPE. 1983. The earliest known Macintosh with "Twiggy" drive, one of only two known working machines. Sold for $150,075.
    <b>Bonhams:</b> LOVELACE, AUGUSTA ADA. Sketch of the Analytical Engine Invented by Charles Babbage Esq. London, 1843. FIRST EDITION, JOURNAL ISSUE, MOST IMPORTANT PAPER IN EARLY DIGITAL COMPUTING. Sold for $15,075.
    <b>Bonhams:</b> APPLE-1 COMPUTER. Signed by Steve Wozniak, used in development of Apple II. Sold for $175,075.
    <b>Bonhams:</b> DARWIN, CHARLES. 1809-1882. <i>On the Origin of Species By Means of Natural Selection.</i> London, 1859. FIRST EDITION. Sold for $131,325.
    <b>Bonhams:</b> BOOLE, GEORGE. <i>An Investigation of the Laws of Thought.</i> London, 1854. Sold for $12,575.
    <b>Bonhams:</b> SHANNON, CLAUDE and WARREN WEAVER. <i>The Mathematical Theory of Communication.</i> Urbana, 1949. Sold for $27,575.
  • <b>Sotheby’s, Jan. 27:</b> [Paine, Thomas]. Common Sense; Addressed to the Inhabitants of America… Philadelphia: R. Bell, 1776. $200,000 to $250,000.
    <b>Sotheby’s, Jan. 27:</b> Lincoln, Abraham. Autograph letter signed, to Joshua Reed Giddings, 21 May 1860. $80,000 to $120,000.
    <b>Sotheby’s, Jan. 27:</b> Oakley, Annie. <i>A Brief Sketch of Her Career and Notes on Shooting.</i> [N.p.]: ca. 1913, Signed. $2,000 to $3,000.
    <b>Sotheby’s, Jan. 27:</b> Washington, George. One autograph letter signed & 3 letters signed to General Alexander McDougall, September 1777. $70,000 to $100,000.
    <b>Sotheby’s, Jan. 27:</b> Mather, Cotton. <i>The Wonders of the Invisible World. Being an account of the tryals of several witches...</i> London: 1693. $30,000 to $40,000.
    <b>Sotheby’s, Jan. 27:</b> James, Benjamin.<i><br>A Treatise on the Management of the Teeth.</i> Boston, 1814. $2,000 to $3,000.
  • <b>Swann Auction Galleries Feb 13:</b> Emil Cardinaux, <i>Winter in der Schweiz,</i> 1921. $12,000 to $18,000.
    <b>Swann Auction Galleries Feb 13:</b> Evelyn Rumsey Carey, <i>Pan American Exposition / Niagara / Buffalo,</i> 1901. $7,000 to $10,000.
    <b>Swann Auction Galleries Feb 13:</b> Arnost Hofbauer, <i>Topicuv Salon,</i> 1898. $5,000 to $7,500.
    <b>Swann Auction Galleries Feb 13:</b> Alphonse Mucha, <i>Job,</i> 1896. $12,000 to $18,000.
    <b>Swann Auction Galleries Feb 13:</b> Georges de Feure, <i>Le Journal des Ventes,</i> 1898. $4,000 to $6,000.
    <b>Swann Auction Galleries Feb 13:</b> Alphonse Mucha, <i>Cycles Perfecta,</i> 1897. $15,000 to $20,000.
    <b>Swann Auction Galleries Feb 13:</b> Edward Penfield, <i>Orient Cycles / Lead the Leaders,</i> circa 1895. $8,000 to $12,000.
    <b>Swann Auction Galleries Feb 13:</b> Adrien Barrère, <i>L’Ideal du Touriste,</i> 1903. $3,000 to $4,000.
    <b>Swann Auction Galleries Feb 13:</b> Willem Frederick Ten Broek, <i>New York / Wereldtentoonselling / Holland – Amerika Lijn,</i> 1938. $6,000 to $9,000.
    <b>Swann Auction Galleries Feb 13:</b> Dwight Clark Shepler, <i>Sun Valley / Union Pacific.</i> $8,000 to $12,000.
    <b>Swann Auction Galleries Feb 13:</b> Sascha Maurer, <i>Flexible Flyer Splitkein / Smuggler’s Notch,</i> circa 1935. $2,000 to $3,000.
    <b>Swann Auction Galleries Feb 13:</b> Louis Bonhajo, <i>Vote / League of Women Voters,</i> 1920. $2,000 to $3,000.

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