Rare Book Monthly

Articles - March - 2010 Issue

Hollywood, the land of [bad] dreams

Principia:  $191,200 to an internet bidder

Principia: $191,200 to an internet bidder


As to whether a disappointing LA fair predicts disappointment in New York, while it's not certain it appears that LA made a market bottom. Rare books are sold in many places in many ways and the auction data on AE during 2009 showed clearly that at auction the US bottomed well ahead of Europe and began its recovery sooner. The auction charts [link] turned positive this past December after auction results stabilized last summer. Just as North America and Europe have recovered on different schedules so too it's likely shows recover at different rates. Book selling occurs under a big tent. What happens in the first row and the back rows are probably almost light years apart. Certainly these channels do not move in lock step. That shows may lag the recovery is not entirely surprising. That the New York Book Fair may mark the return to health for book fairs should not surprise either. I believe it will.

That the market channels are evolving independently seems apparent from the three auctions held in LA during fair week. Heritage held two sales: February Rare Books in which 814 lots were offered and 662 sold for $1,750,371; and Historical Manuscripts in which 400 of 464 lots sold for $568,405. Bonhams on Sunday, the 14th sold 220 of 397 lots for $723,913. The Heritage sales were held ahead of the book fair when optimism was present. By Sunday, the mood turned sour and Bonhams faced a tougher audience.

For the New York Fairs in April it's important that dealers bring fresh material, specifically the out-of-the-ordinary and attractively priced. Collectors are ever better able to judge condition and price. They want the unusual, the special and the unique. If dealers bring that type of material they'll turn the show chart positive, something the field needs and collectors will be hoping.

As for LA, not everyone went home empty handed. Bill Reese reports that he and Jim Cummins bought 700 boxes of books and manuscripts, the remainder of the Copley Library that is to be sold by Sotheby's over the next two years.

Rare Book Monthly

  • High Bids Win
    Rare Books, Catalogs, Magazines
    and Machine Manuals
    December 24 to January 9
    High Bids Win, Dec. 24 – Jan. 9: Ellis Smith Prints unsigned. 20” by 16”.
    High Bids Win, Dec. 24 – Jan. 9: United typothetae of America presidents. Pictures of 37 UTA presidents 46th annual convention United typothetae of America Cincinnati 1932.
    High Bids Win, Dec. 24 – Jan. 9: Henri de Toulouse-Lautrec signed Paper Impressionism Art Prints. MayMilton 9 1/2” by 13” Reine de Joie 9 1/2” by 13”.
    High Bids Win
    Rare Books, Catalogs, Magazines
    and Machine Manuals
    December 24 to January 9
    High Bids Win, Dec. 24 – Jan. 9: Aberle’ Ballet editions. 108th triumph, American season spring and summer 1944.
    High Bids Win, Dec. 24 – Jan. 9: Puss ‘n Boots. 1994 Charles Perrult All four are signed by Andreas Deja
    High Bids Win, Dec. 24 – Jan. 9: Specimen book of type faces. Job composition department, Philadelphia gazette publishing company .
    High Bids Win
    Rare Books, Catalogs, Magazines
    and Machine Manuals
    December 24 to January 9
    High Bids Win, Dec. 24 – Jan. 9: An exhibit of printed books, Bridwell library.
    High Bids Win, Dec. 24 – Jan. 9: A Connecticut Yankee in King Arthur Court By Mark Twain 1889.
    High Bids Win, Dec. 24 – Jan. 9: 1963 Philadelphia Eagles official program.
    High Bids Win
    Rare Books, Catalogs, Magazines
    and Machine Manuals
    December 24 to January 9
    High Bids Win, Dec. 24 – Jan. 9: 8 - Esquire the magazine for men 1954.
    High Bids Win, Dec. 24 – Jan. 9: The American printer, July 1910.
    High Bids Win, Dec. 24 – Jan. 9: Leaves of grass 1855 by Walt Whitman.
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    Institutional Collections & Deacccessioned Books
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    We Buy Librairies & Rare Books Nationwide
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
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    We Buy Librairies & Rare Books Nationwide
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
    RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
  • Case Antiques
    2025 Winter Fine Art & Antiques Auction
    January 25-26, 2025
    Case Antiques, Jan. 25-26: 1861 Civil War Personal Flag. $12,000 to $14,000.
    Case Antiques, Jan. 25-26: Armory Show 1913 Exhibition Poster. $8,000 to $9,000.
    Case Antiques, Jan. 25-26: Abraham Lincoln Signed Appointment, 1863. $4,000 to $5,000.
    Case Antiques
    2025 Winter Fine Art & Antiques Auction
    January 25-26, 2025
    Case Antiques, Jan. 25-26: Cormac McCarthy, The Orchard Keeper, 1st Edition, Signed. $3,800 to $4,200.
    Case Antiques, Jan. 25-26: Cormac McCarthy, Suttree, 1st Edition, Signed. $3,200 to $3,400.
    Case Antiques, Jan. 25-26: Winston Churchill & Bernard Baruch Signed Letters Plus Photo. $1,400 to $1,600.
    Case Antiques
    2025 Winter Fine Art & Antiques Auction
    January 25-26, 2025
    Case Antiques, Jan. 25-26: Mississippi Civil War Ambrotype, Dr. Bisland Shields with Saber and Hat. $1,400 to $1,600.
    Case Antiques, Jan. 25-26: Custom 19th C. Lord Byron Childe Harold's Pilgrimage, 4 Vols w/ Over 350 Prints Incl. Ex-Joshua Reynolds. $1,200 to $1,400.
    Case Antiques, Jan. 25-26: Four NASA Lunar Orbiter Survey Photos, 1966; Maestlin G Crater; Apollo. $600 to $700.
    Case Antiques
    2025 Winter Fine Art & Antiques Auction
    January 25-26, 2025
    Case Antiques, Jan. 25-26: Three Margaret Mitchell Signed Books; Association Copies. $1,000 to $1,200.
    Case Antiques, Jan. 25-26: Jimmie Rodgers Signed & Dated Photograph plus Record, Framed. $1,000 to $1,200.
    Case Antiques, Jan. 25-26: Edward VIII Signed Letter Autograph. $500 to $600.
  • Sotheby's
    Fine Books, Manuscripts & More
    Available for Immediate Purchase
    Sotheby’s: William Shakespeare.
    The Poems and Sonnets of William Shakespeare, 1960. 7,210 USD
    Sotheby’s: Charles Dickens.
    A Christmas Carol, First Edition, 1843. 17,500 USD
    Sotheby’s: William Golding.
    Lord of the Flies, First Edition, 1954. 5,400 USD
    Sotheby's
    Fine Books, Manuscripts & More
    Available for Immediate Purchase
    Sotheby’s: Lewis Carroll.
    Through the Looking Glass and What Alice Found There, Inscribed First Edition, 1872. 25,000 USD
    Sotheby’s: J.R.R. Tolkien.
    The Hobbit, First Edition, 1937. 12,000 USD
    Sotheby’s: John Milton.
    Paradise Lost, 1759. 5,400 USD

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