Rare Book Monthly

Articles - August - 2021 Issue

Second Highest Price Ever Paid for a Declaration of Independence

Charles Carroll's copy of the Declaration of Independence sold at Freeman's. (Freeman's photo).

Charles Carroll's copy of the Declaration of Independence sold at Freeman's. (Freeman's photo).

Records were set at Freeman's auction in anticipation of July 4 when a copy of the Declaration of Independence sold for over $4 million. According to Freeman's, that was the highest aucrion price ever paid for a 19th century document (not including books) and the second highest price ever paid for a Declaration of Independence. Americana is back!

 

Perhaps the surprising fact about a second highest price ever for a Declaration of Independence is that it was also the highest priced document of the 19th century. Wasn't it signed in the 18th century, all the way back in 1776? This cannot be a first edition nor anything close to it. It wasn't.

 

This copy was printed in 1823, 47 years after the original was created. In 1820, then Secretary of State John Quincy Adams commissioned facsimile copies of the Declaration. The commission to engrave and print a plate of the copy was given to William J. Stone. The Declaration was already experiencing deterioration by then, hence Adams' desire to have facsimile copies made. However, whatever process Stone used made it fade even more, so that his printings are the clearest copies of the original document in existence today, and is what is used for reproductions you might find in textbooks.

 

Adams commissioned 201 copies, of which around 50 are known to still exist. This is not an ordinary Stone copy. Among those Adams determined would receive copies, two each to be exact, were all surviving signers of the Declaration of Independence. That did not require many copies. By the time these were printed, there were only three signers left, Presidents John Adams and Thomas Jefferson, and the not as well known Charles Carroll of Carrollton. Carroll is known for being the only Catholic who signed the Declaration of Independence and for one other thing. Jefferson and John Adams died in one of the greatest coincidences in American history. Both died on July 4, 1776, exactly 50 years to the day after it was first ratified. That made Carroll the last surviving signer. He lived until November 14, 1832, age 95, and 56 years after he signed the document, the only signer to survive more than 50 years later.

 

Carroll was a large land owner in Maryland, one of the wealthiest men in the colonies before the Revolution. You might think such a person would be a loyalist but he was anything but. He argued against colonial rule, recognizing that ultimately, only revolution would free the colonies. He was selected to the Continental Congress of 1776, hence his becoming a signer of the Declaration of Independence. He later served in the Maryland Senate and the U.S. Senate representing his home state.

 

Adams' two copies of Stone's printing today reside with the Massachusetts Historical Society. Jefferson's two copies were dispersed among his family and their whereabouts today is unknown. Carroll's two copies passed to his granddaughter, Emily Caton, and her husband, John MacTavish. MacTavish gave one of those copies to the Maryland Historical Society (now Maryland Center for History and Culture) in 1844. The other? That was unknown for 177 years, until...

 

What it was doing in those 177 years is uncertain, but can be surmised. It was rediscovered by Cathy Marsden, a Rare Books Specialist at British auction house Lyon & Turnbull, while going through papers in the attic of a home in Scotland. She explained, “It was a wonderful surprise to find the Stone facsimile unknowingly hidden in the family home. What at first glance appeared to be an unassuming old document nestled within a pile of papers, has turned out to be a fascinating and important piece of American history.”

 

But, how did Carroll's copy end up in Scotland? That is unknown for certain, but one can imagine based on his grandson-in-law's name, “MacTavish.” He was actually a British consul in Maryland when he married Carroll's granddaughter, with ancestors back in Scotland. It is therefore not that surprising that it would end up where it did. Lyon & Turnbull did not reveal who the seller was, their wishing to remain anonymous, so we can't say whether that person was a descendant of the MacTavish family. What we can say confidently is that somewhere along the way, the owners lost track of the document, or at least its significance, so that they had no idea they had something valuable, let alone worth millions of dollars. We also can say that it made one more trip, back to America. Lyon & Turnbull and Freeman's have a cooperative arrangement so that the sale was held in the more logical location, Philadelphia, U.S.A., home to Freeman's.

 

The final price, after furious bidding by several parties on July 1, was $4,420,000. This number was a surprise, even to Freeman's, which put an estimate of $500,000-$800,000 on it. The buyer has chosen to remain anonymous. This price for a Declaration of Independence was second only to a first printing by John Dunlap on the night of July 4-5, 1776. One of those sold in 2000 for $8.1 million.

Rare Book Monthly

  • 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
  • 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€
  • Swann, May 15: Lot 4: Helena Bochoráková-Dittrichová, Z Mého Detství Drevoryty, Prague: Obzina, 1929. First trade edition, signed by the artist. $4,000 to $6,000.
    Swann, May 15: Lot 10: Nancy Cunard, Negro Anthology, with a tipped-in A.L.S. to Karl Marx's niece, 1934. First edition. $3,000 to $5,000.
    Swann, May 15: Lot 14: Margaret Fuller, Woman in the Nineteenth Century, 1845. First edition. $4,000 to $6,000.
    Swann, May 15: Lot 17: Lorraine Hansberry, A Raisin in the Sun, inscribed first edition, 1959. $2,000 to $3,000.
    Swann, May 15: Lot 28: Margaret Hill Morris, Private Journal Kept during a Portion of the Revolutionary War, for the Amusement of a Sister, 1836. First edition. $3,000 to $4,000.
    Swann, May 15: Lot 38: Anna Sewell, Black Beauty: The Autobiography of a Horse, 1877. First edition. $3,000 to $5,000.
    Swann, May 15: Lot 43: Gertrude Stein, Portrait of Mabel Dodge at the Villa Curonia, signed presentation copy with photograph of Stein, 1912. First edition. $8,000 to $12,000.
    Swann, May 15: Lot 48: Virginia Woolf, To the Lighthouse, first edition in the scarce dust jacket, 1927. $6,000 to $8,000.
    Swann, May 15: Lot 54: Katherine Dunham, large archive of material from her attorney, 1951-53. $20,000 to $30,000.
    Swann, May 15: Lot 55: Margaret Fuller Signed Autograph Letter, New York City, 1846. $3,000 to $5,000.
    Swann, May 15: Lot 92: Sonia Delaunay, illus. & Tristan Tzara, Juste Present, deluxe edition with original gouache, 1961. $20,000 to $25,000.
    Swann, May 15: Lot 93: Flor Garduño, The Sonnets of Shakespeare, 2006. Limited edition. $6,000 to $8,000.

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