Rare Book Monthly

Articles - July - 2011 Issue

A Book Still Worth Reading:  Anatomy of an Auction

Anatomy

A book well worth reading

The rare book business is the art of identifying attractive material, stocking it and then connecting with those who have the desire and resources to acquire it.  The business takes many forms, an alchemy of shops and locations, catalogues and connections.  However the business is structured all dealers share the need to efficiently acquire stock.  For collectors and institutions the challenges are different.  Theirs are to conceptualize a concentration and identify reliable sources from which to acquire.  Setting between them are auctions that provide fleeting opportunities to acquire desirable material, often at attractive prices.  Dealers, with years of experience, understand the ephemeral availability of material at auction, monitor sales closely and buy a majority of the lots offered.  Collectors, at least at the outset of their collecting careers, are less likely to buy at them.  The relationship between dealers, collectors and the auctions is therefore ever changing.  Dealers, for their part, often exaggerate the risks of buying at auction while auction houses tend to minimize such concerns.  The truth lies somewhere in between.  Some institutions and collectors become auction buyers but the majority does not.  Sorting all this out adds drama to the quest for books.  Doing it correctly adds value and or reduces wasteful spending.  At every stage information and experience are crucial.  Dealers have historically gained theirs via apprenticeship, as collectors, networking and through the use of extensive resources.  Old-time dealers frequently had hundreds, even thousands of reference materials.   Collectors for the most part have relied on dealers for perspective, institutions a combination of resources and advice.  As the following account suggests you can never know enough.

I recently read a fascinating book, Anatomy of an Auction, written by Arthur Freeman and Janet Ing Freeman.  It’s hardly a new book but neither is it an old story.  The Book Collector published it in 1990.  It is the account of an important auction, the dispersal of the property and contents of Ruxley Lodge in Claygate, near Esher, in Surrey England by estate auctioneers and valuers, Castiglione & Scott.  Included in the eight-day event were three days of book sales that were understood by the book trade to include exceptional material of immense value but that was not fully understood by the auctioneers.  This knowledge on the one side and naivety on the other would set the stage for such a blatant abuse of the consignor that eight years later dealer “ringing” would be made a criminal act.   At the time such rings were legal.  This book is as it says, an anatomy of an auction, this auction.

Rare Book Monthly

  • <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Chinese School. Album of Chinese rice paper paintings of St Helena and Napoleon, circa 1830s/1840s. £700 to £1,000.
    <b>Dominic Winter, June 14/15:</b> Speed (John).<i> The Theatre of the Empire of Great Britaine...,</i> 1676. £3,000 to £5,000.
    <b>Dominic Winter, June 14/15:</b> Laroon (Marcellus). <i>The Cryes of the City of London drawne after the Life,</i> 1st edition, 1688. £1,000 to £1,500.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Thomas Sedgley binding. <i>The Holy Bible,</i> London, 1701, large folio. £2,000 to £3,000.
    <b>Dominic Winter, June 14/15:</b> Kipling (Rudyard). The Sussex Edition of the <i>Complete Works in Prose and Verse,</i> 1937-1939. £5,000 to £8,000.
    <b>Dominic Winter, June 14/15:</b> Dodgson (Charles). <i>Alice's Adventures in Wonderland,</i> 1886, presentation copy. £500 to £800.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> German tarot cards. Napoleon tarock, Leipzig: Johann Gottfried Herbert, circa 1808. £1,500 to £2,000.
    <b>Dominic Winter, June 14/15:</b> Milne (A.A.). <i>The House at Pooh Corner,</i> 1928, inscribed limited deluxe edition of 20. £15,000 to £20,000.
    <b>Dominic Winter, June 14/15:</b> Peter Pan. A unique 13.5m (44ft) long needlework nursery frieze, by Helen Stebbing M.R.S.T., 1936. £7,000 to £10,000.
    <b><center>Dominic Winter Auctioneers<br>June 14/15<br>Printed Books, Maps, Playing Cards & Games, English Literature, Private Press & Illustrated Books</b>
    <b>Dominic Winter, June 14/15:</b> Peak (Bob, 1928-1992). <i>U.S.A,</i> a mural produced for Trans World Airlines (TWA), 1971. £200 to £400.
    <b>Dominic Winter, June 14/15:</b> Austen (Jane). <i>Pride and Prejudice: a novel,</i> 3 volumes, 2nd edition, London: T. Egerton, 1813. £8,000 to £12,000.
    <b>Dominic Winter, June 14/15:</b> Hughes (Ted). Crow, 1st edition, London: Faber and Faber, 1970, signed presentation copy. £400 to £600.
  • <b><center>Swann Auction Galleries<br>Maps & Atlases, Natural History & Color Plate Books:<br>At Auction June 22, 2023</b>
    <b>Swann June 22:</b> George Mivart, <i>A Monograph of the Lories, or Brush-Tongued Parrots, Composing the Family Loriidae,</i> London, 1896. $5,000 to $7,000.
    <b>Swann June 22:</b> Johann Gabriel Doppelmayr, <i>Atlas Coelestis in Quo Mundus Spectabilis et in Eodem Stellarum Omnium Phoenomena Notabilia, Homann Heirs,</i> 1742. $8,000 to $12,000.
    <b>Swann June 22:</b> John Fisk Allen; & William Sharp, <i>Victoria Regia; or the Great Water Lily of America,</i> Boston, 1854. $15,000 to $20,000.
    <b>Swann June 22:</b> Schenk & Valk, <i>America Septentrionalis,</i> Amsterdam, circa 1694. $2,000 to $3,000.
    <b>Swann June 22:</b> Robert Burton, <i>The English Empire in America…Illustrated with Maps & Pictures,</i> London, 1685. $2,000 to $3,000.
  • <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Hobbes (Thomas). <i>Leviathan, or The Matter, Forme & Power of a Common-Wealth,</i> first edition, first issue, 1651. £10,000 to £15,000.
    <b>Forum, June 15:</b> [Burton (Robert)] "Democritus Junior". <i>The Anatomy of Melancholy,</i> first edition, Oxford, Printed by John Lichfield and James Short, 1621. £8,000 to £12,000.
    <b>Forum, June 15:</b> Fletcher (Giles). <i>Of the Russe Common Wealth,</i> first edition, Printed by T[homas] D[awson] for Thomas Charde, 1591. £7,000 to £10,000.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Shakespeare source book.- Fraunce (Abraham). <i>The Lawiers Logike, exemplifying the praecepts of Logike by the practise of the common Lawe,</i> first edition, 1588. £4,000 to £6,000.
    <b>Forum, June 15:</b> Fireworks.- Babington (John.) <i>Pyrotechnia or, A discourse of artificiall fire-works…,</i> 2 parts in 1 vol., first edition, Thomas Harper for Ralph Mab, 1635. £4,000 to £6,000.
    <b>Forum, June 15:</b> Gardening.- [Bonnefons (Nicolas de)]. <i>The French Gardiner instructing how to cultivate all sorts of Fruit-Trees and Herbs for the Garden, translated by John Evelyn,</i> third edition, 1675. £3,500 to £4,500.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Witchcraft.- F. (H.) <i>A true and exact Relation Of the severall Informations, Examinations, and Confessions of the late Witches…,</i> first edition, 1645. £3,000 to £4,000.
    <b>Forum, June 15:</b> Science.- Boyle (Robert). <i>The Origine of Formes and Qualities (According to the Corpuscular Philosophy),</i> first edition, Oxford, H. Hall for Ric: Davis, 1666. £3,000 to £4,000.
    <b>Forum, June 15:</b> Massinger (Philip). <i>The Unnaturall Combat. A Tragedie,</i> first edition, Printed by E.G. for John Waterson, 1639. £2,000 to £3,000.
    <center><b>Forum Auctions<br>A fourth selection of 16th and 17th Century English Books from the Fox Pointe Manor Library<br>15th June 2023</b>
    <b>Forum, June 15:</b> Plastic Surgery.- Read (Alexander). <i>Chirurgorum Comes: or the Whole Practice of Chirurgery,</i> first edition, Printed by Edw. Jones, for Christopher Wilkinson, 1687. £2,000 to £3,000.
    <b>Forum, June 15:</b> Hall (Edward). <i>The Union of the two noble and illustre famelies of Lancaster & Yorke…,</i> [by Richard Grafton], 1550. £2,200 to £2,500.
    <b>Forum, June 15:</b> Cosmetics.- Jeamson (Thomas). <i>Artificiall Embellishments. Or Arts Best Directions How to Preserve Beauty or Procure it,</i> first edition, Oxford, Printed by William Hall, 1665. £1,000 to £1,500.
  • <b><center>Sotheby's<br>The Joanne Woodward & Paul Newman Collection<br>26 May - 12 June</b>
    <b>Sotheby’s, May 26 – Jun. 12:</b> "Cool Hand Luke" | Paul Newman Academy Award® Nomination Plaque. USD$2500 - $3500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "Hud" | Bound presentation script incorporating photographic stills. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "The Long, Hot Summer" | Movie Poster. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> Joseph Heller | "Catch-22," inscribed to Woodward & Newman by author. USD$500 - $800
    <b><center>Sotheby's<br>The Joanne Woodward & Paul Newman Collection<br>26 May - 12 June</b>
    <b>Sotheby’s, May 26 – Jun. 12:</b> George H. W. Bush | Typed Letter Signed, Issuing a "Pardon" to Paul Newman. USD$1500 - $2000
    <b>Sotheby’s, May 26 – Jun. 12:</b> William Jefferson Clinton | Inscribed Color Photograph. USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> Ken Kesey | Typed letter to “Paulnewman,” asking for further compensation for "Sometimes a Great Notion". USD$1000 - $1500
    <b>Sotheby’s, May 26 – Jun. 12:</b> "They Might Be Giants" | Costume sketches by Edith Head. USD$1000 - $2000

Article Search

Archived Articles

Ask Questions
https://www.rarebookhub.com/articles/1143
www.rarebookhub.com
CC-MAIN-2023-23
98533
application/http; msgtype=response
sha1:GWRAWP5P7745J4FGSMZ3AP6LOR7JG6JC
<urn:uuid:0b39f96e-0f0e-4cf8-a28a-12e11762f760>
2023-06-08T11:19:56Z
3.232.188.189
text/html
sha1:JJAKLIVRJ24HG4OSPRNVRIQODXNUAOD5
<urn:uuid:972a9e3b-045b-4a52-9a6f-95423a42c42c>
https://www.rarebookhub.com/articles/1143
response
<urn:uuid:1c833861-bd77-4df8-9e50-b8a2a03e50b3>
isPartOf: CC-MAIN-2023-23
publisher: Common Crawl
description: Wide crawl of the web for May/June 2023
operator: Common Crawl Admin (info@commoncrawl.org)
hostname: ip-10-67-67-37
software: Apache Nutch 1.19 (modified, https://github.com/commoncrawl/nutch/)
robots: checked via crawler-commons 1.4-SNAPSHOT (https://github.com/crawler-commons/crawler-commons)
format: WARC File Format 1.1
conformsTo: https://iipc.github.io/warc-specifications/specifications/warc-format/warc-1.1/