Rare Book Monthly

Articles - October - 2009 Issue

Book Collecting in the Modern Era

A cautionary tale

A cautionary tale


By Bruce McKinney

Book collecting is a difficult undertaking that requires luck, determination and perseverance and then only occasionally achieves success sufficient to warrant enduring approbation, the payoff that many serious collectors hope for but most rarely achieve. England has its Westminster Abbey to remember its greatest writers and America its museums, institutions and societies to render similar service. In all provinces and jurisdictions authors have their advocates. If successful they may be widely read, their words translated, and their ideas discussed. If their statements and stories are pithy they may even enter the lexicon for a generation or two. Be writer, printer and statesman and your aphorisms may, as they have for Benjamin Franklin, echo down through the ages. But be only a book collector in pursuit of something more than material and you scale the sheer face of an Everest in bad weather. What immortality that is available is most reserved for those who link their collecting with generosity.

Collectors, in the skillful and canny pursuit of material, can achieve a faint immortality themselves through the dispersal of their book plated copies that, scattered to the wind, carry their names as footnotes in the fine print of books well described. For those who have once cared, and by luck or skill owned important copies, the owner's name may survive and perhaps be remembered long after the spirit and the bones have parted ways.

Less often, single owner collections are the subject of auction catalogues and in this way rise another rung toward immortality if only among that few that track ownership and specific copies across the generations. Yet other collectors give single volumes and whole collections to institutions and achieve a recognition that resonates with the IRS but for the institution fades with time unless the donor's name is carved in marble or granite. A few institutional collections bear collector names and even, once in a blue moon, the occasional library their names to future generations. The recognition, however, whatever the level, is always about what was collected rather than how it was collected. The collector at most could hope to join the stygian chorus whose judgments reflect approval and sometimes disapproval of the masters, the writers and sometimes publishers, their first editions, best editions, signed copies, and the perfect and unique ones they pursued through the decades of a collecting life. The judgment and discernment of the collector has rarely been the focus.

This is not to say that collecting cannot achieve importance. It can and I think in the current generation will. For the emerging generation the new calculus will be about how collections are formed and I think cost and value will become a thread in the calculation of achievement. The loss of price as reference over the past fifty years has permitted an upward spiral in price, if not value, that has been based more on the ability to pay than on rarity, condition or importance. In the years ahead great material will continue to obtain great prices while the lesser lights will, like Icarus, fall to earth. In the new calculus deeply focused collections will become the norm, their value and importance enduring. These are collections that will matter whether they are about subject, place, genre or gender. The emerging tools on the web are simply setting the standards ever higher. If the focus has been on high points it will shift to intensity.

Rare Book Monthly

  • Koller, Mar. 26: Wit, Frederick de. Atlas. Amsterdam, de Wit, [1680]. CHF 20,000 to 30,000
    Koller, Mar. 26: Merian, Maria Sibylla. Der Raupen wunderbare Verwandelung, und sonderbare Blumennahrung. Nürnberg, 1679; Frankfurt a. M. und Leipzig, 1683. CHF 20,000 to 30,000
    Koller, Mar. 26: GOETHE, JOHANN WOLFGANG VON. Faust. Ein Fragment. Von Goethe. Ächte Ausgabe. Leipzig, G. J. Göschen, 1790. CHF 7,000 to 10,000
    Koller, Mar. 26: Hieronymus. [Das hochwirdig leben der außerwoelten freünde gotes der heiligen altuaeter]. Augsburg, Johann Schönsperger d. Ä., 9. Juni 1497. CHF 40,000 to 60,000.
    Koller, Mar. 26: BIBLIA GERMANICA - Neunte deutsche Bibel. Nürnberg, A. Koberger, 17. Feb. 1483. CHF 40,000 to 60,000
    Koller, Mar. 26: HORAE B.M.V. - Stundenbuch. Lateinische Handschrift auf Pergament, Kalendarium französisch. Nordfrankreich (Rouen?). CHF 25,000 to 40,000
  • Sotheby'sSell Your Fine Books & Manuscripts Sotheby'sSell Your Fine Books & Manuscripts
    Sotheby's
    Sell Your Fine Books & Manuscripts
    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
  • SwannPrinted & Manuscript African AmericanaMarch 20, 2025 SwannPrinted & Manuscript African AmericanaMarch 20, 2025
    Swann
    Printed & Manuscript African Americana
    March 20, 2025
    Swann
    Printed & Manuscript African Americana
    March 20, 2025
    Swann, Mar. 20: Lot 7: Thomas Fisher, The Negro's Memorial or Abolitionist's Catechism, London, 1825. $6,000 to $9,000.
    Swann, Mar. 20: Lot 78: Victor H. Green, The Negro Travelers' Green Book, New York, 1958. $20,000 to $30,000.
    Swann, Mar. 20: Lot 99: Rosa Parks, Hand-written recollection of her first meeting with Martin Luther King Jr., autograph manuscript, Detroit, c. 1990s. $30,000 to $40,000.
    Swann, Mar. 20: Lot 154: Frederick Douglass, Autograph statement on voting rights, signed manuscript, 1866. $20,000 to $30,000.
    Swann, Mar. 20: Lot 164: W.E.B. Du Bois, What the Negro Has Done for the United States and Texas, Washington, circa 1936. $3,000 to $4,000.
    Swann
    Printed & Manuscript African Americana
    March 20, 2025
    Swann, Mar. 20: Lot 263: Susan Paul, Memoir of James Jackson, Boston, 1835. $6,000 to $9,000.
    Swann, Mar. 20: Lot 267: Langston Hughes, Gypsy Ballads, signed translation of García Lorca's poetry, Madrid, 1937. $1,500 to $2,500.
    Swann, Mar. 20: Lot 274: Malcolm X, Collection from Alex Haley's estate, 38 items, 1963-1971. $4,000 to $6,000.
    Swann, Mar. 20: Lot 367: Solomon Northup, Twelve Years a Slave, Auburn, NY, 1853. $2,500 to $3,500.
    Swann, Mar. 20: Lot 402: Anna Julia Cooper, A Voice from the South, Xenia, OH, 1892. $2,000 to $3,000.

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