Rare Book Monthly

Articles - December - 2021 Issue

Shapero Rare Books' Parent Once Again Turns Profitable

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Image from Scholium's financial report.

In a sign that the rare book trade is heading up again, Scholium Group recently announced that the company has turned a profit again for its most recent half-year. Scholium is the parent of Shapero Rare Books, which is the largest of the three businesses they own. Business was brisk for Shapero, which accounts for most of the group's turnaround.

 

Scholium had been struggling the past few years but had finally turned the corner again heading into 2020 when Covid disrupted their, and just about everyone else's, plans. Losses mounted up as they had to close their London showroom and book fairs, an important part of their business, shut down. The good results are perhaps somewhat surprising because the time period for which the company returned to profitability was the six months running from April 1 through September 30, 2021. While Covid-related restrictions were reduced, and many people took to letting it less affect their lives, it has hardly disappeared, and live book fairs remained closed during that period. This was an excellent report and good news, though we now await more word on this latest variant of Covid recently to emerge from South Africa.

 

Scholium reported that sales for the six month period were up 35% over the same period a year ago. This was primarily due to “significantly higher sales at Shapero Rare Books,” where the increase was 40%. Sales for the six months at Shapero were £3,814,000 (US $5,089,000). This was up from £2,730,000 for 2020, and also up from £2,898,000 in 2019 before the pandemic. The result was the Group made a pre-tax profit of £135,000 (US $180,000) vs. a loss of £158,000 last year.

 

Scholium also reported a small increase in its inventories, up £155,000 from last year, attributable to purchases slightly exceeding sales. They now stand at £8,895,000 (US $11,862,000). They added that Shapero “has continued a re-balancing of its stock between rare books and prints to enable it to increase its sales of prints in the future.” It also looks to reduce inventories “as part of a process towards its business towards consignments from third parties for either retail or auction sales.”

 

Commenting on the firm's performance, recently appointed Chairman David Harland said, “We are pleased the Group has traded profitably, despite the cancellation of books and other trade fairs and the enforced closure of the shop for some of the period. The Group has recovered well from the restrictions imposed by Covid 19. The Group remains focussed on maximising sales through online and other channels as well as its premises, and is welcoming the return to London of visitors from overseas, in particular the United States.”

 

Looking to the future, Scholium said, “The Group is continuing to focus its efforts on its various online platforms, as well as maintaining contact with clients remotely via email and telephone. This has now been augmented with face to face contact in the Group's premises and at trade fairs with clients now able to travel with fewer restrictions. Looking forward, the Group is viewing its trading for the second half of the year with optimism.”

Rare Book Monthly

  • <b>ALDE, Apr. 18:</b> CASAS (BARTOLOMÉ DE LAS). <i>La Découverte des Indes occidentales par les Espagnols,</i> Paris, 1697. €1,500 to €2,000.
    <b>ALDE, Apr. 18:</b> GARCILASO DE LA VEGA. <i>Primera parte de los commentarios reales, que tratan del orígen de los Yncas…,</i> Lisbonne, 1609 [1608 au colophon]. €8,000 to €10,000.
    <b>ALDE, Apr. 18:</b> GARCILASO DE LA VEGA. <i>Histoire des Yncas rois du Pérou. On a joint à cette édition l'Histoire de la conquête de la Floride,</i> Amsterdam, 1737. €800 to €1,000.
    <b>ALDE, Apr. 18:</b> LAET (JOHANNES DE). <i>L'Histoire du nouveau monde, ou description des Indes occidentales,</i> Leyde, 1640. €8,000 to €10,000.
    <b>ALDE, Apr. 18:</b> LAFITAU (JOSEPH-FRANÇOIS). <i>Mœurs des sauvages amériquains, comparées aux mœurs des premiers temps,</i> Paris, 1724. €1,200 to €1,500.
    <b>ALDE, Apr. 18:</b> ORRIO (FRANCISCO XAVIER ALEXO DE). <i>Solución del gran problema acerca de la población de las Americas,</i> Mexico, 1763. €1,500 to €2,000.
    <b>ALDE, Apr. 18:</b> [ROCHEFORT (CHARLES DE)]. <i>Histoire naturelle et morale des Îles Antilles de l'Amérique,</i> Amsterdam, 1716. €800 to €1,000.
    <b>ALDE, Apr. 18:</b> TURGOT (ANNE-ROBERT-JACQUES). <i>Mémoire sur les colonies américaines, sur leurs relations politiques avec leurs métropoles…,</i> Paris, 1791. €1,000 to €1,200.
  • <center><b>Dominic Winter Auctioneers<br>April 5<br>Printed Books, Maps, Atlases & Caricatures</b>
    <b>Dominic Winter, Apr. 5:</b> Speed (John). <i>The Theatre of the Empire of Great Britaine...</i> bound with <i>The Prospect of the most Famous parts of the World,</i> Thomas Bassett & Richard Chiswell, 1676. £20,000 to £30,000.
    <b>Dominic Winter, Apr. 5:</b> China. De Jode (Cornelis), <i>China Regnum,</i> Antwerp [1593]. £7,000 to £10,000.
    <b>Dominic Winter, Apr. 5:</b> World. Hondius (Henricus), <i>Nova totius Terrarum Orbis Geographica ac Hydrographica Tabula.</i> Auct: Henr. Hondio. Amsterdam, circa 1630. £5,000 to £8,000.
    <center><b>Dominic Winter Auctioneers<br>April 5<br>Printed Books, Maps, Atlases & Caricatures</b>
    <b>Dominic Winter, Apr. 5:</b> World. Blaeu (Willem Janszoon), <i>Nova Totius Terrarum Orbis Geographica ac Hydrographica Tabula</i> auct: Guilelmo Blaeuw, Amsterdam [1635 - 58]. £5,000 to £8,000.
    <b>Dominic Winter, Apr. 5:</b> Acosta (Emanuel). <i>Rerum a Societate Iesu in Oriente gestarum ad annum usque à Deipara Virgine…,</i> 1st edition, Dillingen: Sebald Mayer, 1571. £3,000 to £5,000.
    <b>Dominic Winter, Apr. 5:</b> Ruggieri (Francesco). <i>Scelta di Architetture Antiche e Moderne della Citta di Firenze…,</i> 4 volumes bound in two, Florence, Appresso l'Editore, 1755. £3,000 to £4,000.
    <center><b>Dominic Winter Auctioneers<br>April 5<br>Printed Books, Maps, Atlases & Caricatures</b>
    <b>Dominic Winter, Apr. 5:</b> Parry (William). <i>Journal of a Voyage for the Discovery of a North-West Passage,</i> 6 vols in 5, 1st editions, 1821-27. £2,000 to £3,000.
    <b>Dominic Winter, Apr. 5:</b> Hunter (John). <i>A Treatise on the Blood, Inflammation, and Gun-Shot Wounds,</i> 1st edition, 1794. £1,000 to £1,500.
    <b>Dominic Winter, Apr. 5:</b> Furber (Robert). <i>The Flower-Garden Display'd, in above Four Hundred Curious Representations of the most Beautiful Flowers…,</i> 1st quarto edition, London, 1732. £1,000 to £1,500.
    <center><b>Dominic Winter Auctioneers<br>April 5<br>Printed Books, Maps, Atlases & Caricatures</b>
    <b>Dominic Winter, Apr. 5:</b> Friedman (Milton). <i>A Theory of the Consumption Function,</i> 1st edition, 1957. £500 to £800.
    <b>Dominic Winter, Apr. 5:</b> Clarkson (Thomas). <i>The history of the ... abolition of the African slave-trade,</i> 2 vols., 1808. £800 to £1,200.
    <b>Dominic Winter, Apr. 5:</b> Civil War Pamphlets. A sammelband of 19 pamphlets relating to events of the English Civil War, 1640-1661. £2,000 to £3,000.
  • <b><center>Swann Auction Galleries<br>Printed & Manuscript African Americana:<br>March 30, 2023</b>
    <b>Swann March 30:</b> Victor H. Green, <i>The Negro Motorist Green Book,</i> New York, 1949. $10,000 to $15,000.
    <b>Swann March 30:</b> Papers of pianist-composer Lawrence Brown relating to Paul Robeson & more, various places, 1925-54. $5,000 to $7,500.
    <b>Swann March 30:</b> Freedom Summer archive of civil rights activist Karen Haberman Trusty, Atlanta & elsewhere, 1963-64. $5,000 to $7,500.
    <b>Swann March 30:</b> E. Simms Campbell, <i>A Night-Club Map of Harlem,</i> New York, 1933. $8,000 to $12,000.
    <b>Swann March 30:</b> Archive of letters from the sculptor Richmond Barthé to a close Jamaican friend, various places, 1966-85. $25,000 to $35,000.

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