• Forum Auctions
    A Sixth Selection of 16th and 17th Century English Books from the Fox Pointe Manor Library
    19th June 2025
    Forum, June 19: Euclid. The Elements of Geometrie, first edition in English of the first complete translation, [1570]. £20,000 to £30,000.
    Forum, June 19: Nicolay (Nicolas de). The Navigations, peregrinations and voyages, made into Turkie, first edition in English, 1585. £10,000 to £15,000.
    Forum, June 19: Shakespeare source book.- Montemayor (Jorge de). Diana of George of Montemayor, first edition in English, 1598. £6,000 to £8,000.
    Forum, June 19: Livius (Titus). The Romane Historie, first edition in English, translated by Philemon Holland, Adam Islip, 1600. £6,000 to £8,000.
    Forum Auctions
    A Sixth Selection of 16th and 17th Century English Books from the Fox Pointe Manor Library
    19th June 2025
    Forum, June 19: Robert Molesworth's copy.- Montaigne (Michel de). The Essayes Or Morall, Politike and Millitarie Discourses, first edition in English, 1603. £10,000 to £15,000.
    Forum, June 19: Shakespeare (William). The Tempest [&] The Two Gentlemen of Verona, from the Second Folio, [Printed by Thomas Cotes], 1632. £4,000 to £6,000.
    Forum, June 19: Boyle (Robert). Medicina Hydrostatica: or, Hydrostaticks Applyed to the Materia Medica, first edition, for Samuel Smith, 1690. £2,500 to £3,500.
    Forum, June 19: Locke (John). An Essay Concerning Humane Understanding in Four Books, first edition, second issue, 1690. £8,00 to £12,000.
  • Sotheby’s
    New York Book Week
    12-26 June
    Sotheby’s, June 25: Theocritus. Theocriti Eclogae triginta, Venice, Aldo Manuzio, February 1495/1496. 220,000 - 280,000 USD
    Sotheby’s, June 26: Fitzgerald, F. Scott. The Great Gatsby, 1925. 40,000 - 60,000 USD
    Sotheby’s, June 26: Blake, William. Songs of Innocence and of Experience, Printed ca. 1381-1832. 400,000 - 600,000 USD
    Sotheby’s, June 26: Lincoln, Abraham. Thirteenth Amendment, signed by Abraham Lincoln. 8,000,000 - 12,000,000 USD
    Sotheby’s, June 26: Galieli, Galileo. First Edition of the Foundation of Modern Astronomy, 1610. 300,000 - 400,000 USD
  • Finarte
    Books, Autographs & Prints
    June 24 & 25, 2025
    Finarte, June 24-25: ALIGHIERI, DANTE / LANDINO, CRISTOFORO. Comento di Christophoro Landino Fiorentino sopra la Comedia di Danthe Alighieri poeta fiorentino, 1481. €40,000 to €50,000.
    Finarte, June 24-25: ALIGHIERI, DANTE. La Commedia [Commento di Christophorus Landinus]. Aggiunta: Marsilius Ficinus, Ad Dantem gratulatio [in latino e Italiano], 1487. €40,000 to €60,000.
    Finarte, June 24-25: ALIGHIERI, DANTE. Il Convivio, 1490. €20,000 to €25,000.
    Finarte
    Books, Autographs & Prints
    June 24 & 25, 2025
    Finarte, June 24-25: BANDELLO, MATTEO. La prima [-quarta] parte de le nouelle del Bandello, 1554. €7,000 to €9,000.
    Finarte, June 24-25: LEGATURA – PLUTARCO. Le vies des hommes illustres, grecs et romaines translates, 1567. €10,000 to €12,000.
    Finarte, June 24-25: TOLOMEO, CLAUDIO. Ptolemeo La Geografia di Claudio Ptolemeo Alessandrino, Con alcuni comenti…, 1548. €4,000 to €6,000.
    Finarte
    Books, Autographs & Prints
    June 24 & 25, 2025
    Finarte, June 24-25: FESTE - COPPOLA, GIOVANNI CARLO. Le nozze degli Dei, favola [...] rappresentata in musica in Firenze…, 1637. €6,000 to €8,000.
    Finarte, June 24-25: SPINOZA, BARUCH. Opera posthuma, 1677. €8,000 to €12,000.
    Finarte, June 24-25: PUSHKIN, ALEXANDER. Borus Godunov, 1831. €30,000 to €50,000.
    Finarte
    Books, Autographs & Prints
    June 24 & 25, 2025
    Finarte, June 24-25: LIBRO D'ARTISTA - LECUIRE, PIERRE. Ballets-minute, 1954. €35,000 to €40,000.
    Finarte, June 24-25: LIBRO D'ARTISTA - MAJAKOVSKIJ, VLADIMIR / LISSITZKY, LAZAR MARKOVICH. Dlia Golosa, 1923. €7,000 to €10,000.
    Finarte, June 24-25: LIBRO D'ARTISTA - MATISSE, HENRI / MONTHERLANT, HENRY DE. Pasiphaé. Chant de Minos., 1944. €22,000 to €24,000.
  • Bonhams, June 16-25: 15th-CENTURY TREATISE ON SYPHILIS. GRÜNPECK. 1496. $20,000 - $30,000
    Bonhams, June 16-25: THE NORMAN COPY OF BENIVIENI'S TREATISE ON PATHOLOGY. 1507. $12,000 - $18,000
    Bonhams, June 16-25: FRACASTORO. Syphilis sive Morbus Gallicus. 1530. $8,000 - $12,000
    Bonhams, June 16-25: THE FIRST PUBLISHED WORK ON SKIN DISEASES. MERCURIALIS. De morbis cutaneis... 1572. $10,000 - $15,000
    Bonhams, June 16-25: BIDLOO. Anatomia humani corporis... 1685. $6,000 - $9,000
    Bonhams, June 16-25: THE NORMAN COPY OF DOUGLASS'S EARLY AMERICAN WORK ON INNOCULATION AND SMALLPOX. 1722. $20,000 - $30,000
    Bonhams, June 16-25: LIND'S FIRST TREATISE ON SCURVY. 1753. $15,000 - $20,000
    Bonhams, June 16-25: RARE JENNER SIGNED CIRCULAR ON VACCINATION. 1821. $4,000 - $6,000
    Bonhams, June 16-25: MOST BEAUTIFUL OF MEDICAL ILLUSTRATIONS. BRIGHT. Reports of Medical Cases... 1827-1831. $10,000 - $15,000
    Bonhams, June 16-25: FLORENCE NIGHTINGALE PRESENTATION COPY TO HER MOTHER. 1860. $6,000 - $8,000
    Bonhams, June 16-25: LORENZO TRAVER'S MANUSCRIPT JOURNAL OF BURNSIDE'S NORTH CAROLINA EXPEDITION. TRAVER, Lorenzo. $2,000 - $3,000
    Bonhams, June 16-25: ONE OF THE EARLIEST PHOTOGRAPHIC BOOKS ON DERMATOLOGY. HARDY. Clinique Photographique... 1868. $3,000 - $5,000

Rare Book Monthly

Articles - January - 2010 Issue

Taking an Auction Apart, Putting a Market Back Together


On AE we maintain current value indexes and update them each January based on the roughly 200,000 auctions lots we cover each year world-wide. From these indices we know that, generally, material purchased between 1991 and 1995 achieved a 106% return in the auction rooms in 2008; for material purchased between 1996 to 1998 a 44% increase, and a 6% advance for material purchased between 1999 and 2002. We also know that subsequent to the purchase of the last books for the de Orbe Novo Collection in 2002 prices further increased by about 20% through 2007 before tumbling in the fourth quarter of 2008 and further declining this year, now down about 35% from the peak set just two years ago with the Frank Streeter Sale at Christie's, now officially the Jerome Kern Sale of the modern era.

By comparison, for material in this sale purchased between 1991 and 1995 the gain was 133%, for purchases made between 1996 and 1998 70%, for material purchased between 1999 and 2002 24%.

Over all the auction generated a 45% gain on a price paid - price sold basis and a 20% gain over a decade after auction commissions are deducted.

While returns on a cash or cash basis will not be affected the AE price index of comparative value to be updated in January may soon show that in 2009 values declined another 15% to bring the two year decline [2008 and 2009] to 36%, roughly comparable to 1998 levels. That this sale did much better is not surprising given the excellent quality of the items.

As to what this says about the market, while it is early, it appears that the very best material continues to attract buyers. Where the market is having trouble is with material that is not easily differentiated from other copies of the same book or from other items in the same collecting category. The rule is often that if as many as seven copies are available at the same time there is an opportunity to make a careful comparison by quality and price. If there are eight perhaps it's not a rare book after all.

Comparisons by vendor and comparisons by period are provided.

Rare Book Monthly

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  • Dominic Winter Auctioneers
    June 18 & 19
    Printed Books & Maps, Children's & Illustrated Books, Modern First Editions
    Dominic Winter, June 18-19: World. Van Geelkercken (N.), Orbis Terrarum Descriptio Duobis..., circa 1618. £4,000-6,000.
    Dominic Winter, June 18-19: Moll (Herman). A New Exact Map of the Dominions of the King of Great Britain..., circa 1715. £2,000-3,000.
    Dominic Winter, June 18-19: Churchill (Winston S.). The World Crisis, 5 volumes bound in 6, 1st edition, 1923-31. £1,000-1,500
    Dominic Winter Auctioneers
    June 18 & 19
    Printed Books & Maps, Children's & Illustrated Books, Modern First Editions
    Dominic Winter, June 18-19: Darwin (Charles). On the Origin of Species, 2nd edition, 2nd issue, 1860. £1,500-2,000.
    Dominic Winter, June 18-19: Roberts (David). The Holy Land, 6 volumes in 3, 1st quarto ed, 1855-56. £1,500-2,000.
    Dominic Winter, June 18-19: Saint-Exupéry (Antoine de, 1900-1944). Pilote de guerre (Flight to Arras), 1942. £10,000-15,000.
    Dominic Winter Auctioneers
    June 18 & 19
    Printed Books & Maps, Children's & Illustrated Books, Modern First Editions
    Dominic Winter, June 18-19: Austen (Jane, 1775-1817). Signature, cut from a letter, no date. £7,000-10,000
    Dominic Winter, June 18-19: Huxley (Aldous). Brave New World, 1st edition, with wraparound band, 1932. £4,000-6,000
    Dominic Winter, June 18-19: Tolkien (J. R. R.) The Hobbit, 1st edition, 2nd impression, 1937. £3,000-5,000
    Dominic Winter Auctioneers
    June 18 & 19
    Printed Books & Maps, Children's & Illustrated Books, Modern First Editions
    Dominic Winter, June 18-19: Rackham (Arthur, 1867-1939). Princess by the Sea (from Irish Fairy Tales), circa 1920. £4,000-6,000
    Dominic Winter, June 18-19: Kelmscott Press. The Story of the Glittering Plain, Walter Crane's copy, 1894. £3,000-4,000
    Dominic Winter, June 18-19: King (Jessie Marion, 1875-1949). The Summer House, watercolour. £4,000-6,000
  • Bonhams, June 16-24: KELMSCOTT PRESS. RUSKIN. The Nature of Gothic. 1892. $1,500 - $2,500
    Bonhams, June 16-24: ASHENDENE PRESS. The Wisdom of Jesus. 1932. $2,000 - $3,000
    Bonhams, June 16-24: CHARLOTTE BRONTE WRITES AS GOVERNESS. Autograph Letter Signed, 1851. $15,000 - $25,000
    Bonhams, June 16-24: FIRST AMERICAN EDITION OF WUTHERING HEIGHTS. BRONTE, Emily. New York, 1848. $3,000 - $5,000
    Bonhams, June 16-24: IAN FLEMING ASSOCIATION COPY. You Only Live Twice. London, 1964. $7,000 - $9,000
    Bonhams, June 16-24: DELUXE EDITION WITH ORIGINAL PAINTING. BUKOWSKI, Charles. War All the Time. 1984. $3,000 - $5,000
    Bonhams, June 16-24: EINSTEIN'S MOST POWERFUL STATEMENT ON THE ATOMIC BOMB. Original Typed Manuscript Signed, "On My Participation in the Atom Bomb Project," 1953. $100,000 - $150,000
    Bonhams, June 16-24: EINSTEIN ON SCIENCE, WAR AND MORALITY. Autograph Letter Signed, 1949. $20,000 - $30,000
    Bonhams, June 16-24: SOCIETY OF THE CINCINNATI. WASHINGTON, George. Engraved document signed, 1786. $8,000 - $12,000
    Bonhams, June 16-24: AN EARLY CHINESE-MADE 34-STAR U.S. CONSULAR FLAG. $8,000 - $12,000
    Bonhams, June 16-24: SIGNED PHOTOGRAPH OF LINCOLN WITH HIS SON TAD. 1864. $60,000 - $90,000
    Bonhams, June 16-24: MALCOLM X WRITES FROM KENYA. Postcard signed, 1964. $4,000 - $6,000

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