Prices of Books

Part 1, December 1881, realised £19,373. Part 2, April 1882, £9376. Part 3, July, £7792. Part 4, November, £10,129. Each of these parts consisted of ten days’ sale. Part 5 (and last), March 1883, contained eleven days’ sale, and realised £9908. The lots were numbered throughout the parts, and amounted to 13,858. The total amount realised by the sale was £56,581, 6s.

When the sale was concluded Mr. Quaritch made a short speech appropriate to the occasion, and said that “This was the most wonderful library that had been sold by auction in the present century. Fine as the Hamilton library was he could form another like it to-morrow, but nothing like the Sunderland library would be seen again as a private collection. He held its founder in the highest respect and gratitude.”

On the 30th of June 1882 the sale of the beautiful library of William Beckford was commenced at Sotheby’s by Mr. Hodge. The books were in the finest condition, and in consequence they fetched very high prices. Mr. Henry Bohn, writing to The Times at the commencement of this sale, said that Beckford was the greatest book enthusiast he ever knew. He was a great collector of “Aldines and other early books bearing the insignia of celebrities, such as Francis I., Henri et Diane, and De Thou, and especially of choice old morocco bindings by Deseuil, Pasdeloup, and Derome.” Mr. Bohn further said that after Beckford’s death, and while the books were still at Bath, the Duke of Hamilton, Beckford’s son-in-law, wished to sell the whole library. Mr. Bohn offered £30,000, payable within a week; but although the Duke would willingly have accepted the offer, the Duchess would not agree to the sale of her father’s books. Mr. Bohn estimated that the library was now worth £50,000. It actually sold for £73,551. Part 1, June and July 1882, consisted of twelve days’ sale and 3197 lots, which realised £31,516. Part 2, December, twelve days, 2732 lots, £22,340. Part 3, July 1883, twelve days, 2781 lots, £12,852. Part 4 (and last), November, four days, 1127 lots, £6843. The total number of lots in the forty days’ sale was 9837.

The library collected by the Duke of Hamilton (when Marquis of Douglas) at the same time as Beckford was adding to his own, was sold by Messrs. Sotheby, Wilkinson & Hodge during eight days of May 1884. There were 2136 lots, which realised £12,892. The most valuable portion of the Hamilton library was the collection of matchless manuscripts, which were kept distinct from the printed books, and sold to the German Government.

During the years that the Blenheim and Hamilton Palace libraries were selling many valuable sales took place, and since then there have been a great number of fine libraries dispersed. We have only space to mention shortly a few of these; but with respect to the last ten years there is the less need for a full list, in that a valuable record of sales is given in the annual volumes of Slater’s “Book Prices Current,” and Temple Scott’s “Book Sales.”

The important topographical library of James Comerford was sold by Sotheby, Wilkinson, and Hodge in 1881. There were 4318 lots, in thirteen days’ sale, which realised £8327.

In 1882 the library of Frederic Ouvry, P.S.A., which consisted of 1628 lots, in a six days’ sale, was sold at Sotheby’s for £6169; and the choice library of a gentleman, £3366.

In March 1882 was sold a portion of the Right Hon. A. J. B. Beresford-Hope’s library (two days, £2316), and further portions were sold in 1892.

The Stourhead heirlooms (Sir Richard Colt Hoare) were sold at Sotheby’s in July 1883, eight days, 1971 lots, £10,028.

The Towneley Hall library, consisting of 2815 lots, in an eight days’ sale, realising £4616, and the Towneley Hall manuscripts (two days, 235 lots, £4054) were both sold in June 1883 at Sotheby’s, as was also the Drake library (four days, £3276).

In 1884 were sold at Sotheby’s the library of Francis Bedford, bookbinder (five days, 1551 lots), for £4867, and the Syston Park library of Sir John Hayford Thorold, Bart. (eight days, 2110 lots), £28,001.

The Earl of Gosford’s library was sold by Puttick and Simpson in 1884, eleven days, 3363 lots, £11,318.

It is curious to compare the sale of a library such as Beckford’s with one like James Crossley. Both were great collectors, and possessed many dainties; but whilst the former was particular as to condition, with the consequence that his books fetched high prices, the latter was regardless of this, and necessarily his sold for small sums.

One portion of Crossley’s library was sold at Manchester by F. Thompson & Son (seven days, 2682 lots), but other two parts were dispersed in London by Sotheby, Wilkinson & Hodge. Part 1 (1884), seven days, 2824 lots. Part 2 (1885), nine days, 3119 lots, £4095.

The fine library of the Earl of Jersey at Osterley Park was sold by Sotheby’s in May 1885 for £13,007; where also was sold, in the following month, the library of the Rev. J. F. Russell for £8682.

In 1885 the sale of the miscellaneous but valuable library of Leonard Lawrie Hartley was commenced by Messrs. Puttick & Simpson. Part 1 (1885) consisted of 2475 lots, occupying ten days in the selling, which realised £9636. Part 2 (1886), ten days’ sale of 2582 lots, £5258. Part 3 (1887), eight days’ sale of 2937 lots, £1635.

In January 1886 was sold the library of Mr. Wodhull, £11,972; and in November of the same year Edward Solly’s, F.R.S., £1544.

A selection from the magnificent library of the Earl of Crawford was sold at Sotheby’s in 1887 and 1889. Portion 1 (1887), ten days, 2146 lots, realised £19,073. Portion 2 (1889), four days, 1105 lots, £9324.

Messrs. Sotheby, Wilkinson & Hodge in 1887 and 1888 sold the almost equally fine library of Mr. James T. Gibson-Craig. First portion (1887), ten days, 2927 lots, realised £6803. Second portion (1888), fifteen days, 5364 lots, £7907. Third portion (1888), three days, £809. The total amount realised for the three portions was £15,509.

A choice portion of Baron Seillière’s library was sold in February 1887 (1440 lots, £14,944). A second portion was afterwards sold in Paris.

In 1888 Messrs. Christie, Manson & Woods sold the library of the Earl of Aylesford (£10,574); and the Wimpole library, which formerly belonged to Lord Chancellor Hardwicke (£3244).

In the same year the beautiful library of Mr. R. S. Turner was sold at Sotheby’s. Part 1, June 1888, twelve days, 2999 lots, £13,370. Part 2, November 1888, fourteen days, £2874. The total amount realised for the whole library was £16,244.

Mr. Turner sold in Paris in 1878 a previous collection of books in 774 lots, which realised the large sum of 319,100 francs (£12,764).

In February 1889 were sold at Sotheby’s the Earl of Hopetoun’s library of 1263 lots for £6117, and that of R. D. Dyneley, £3084. At the same auction rooms, and in the same year, were sold the library of John Mansfield Mackenzie of Edinburgh, remarkable for a large number of illustrated editions of modern authors, 2168 lots, in an eight days’ sale, £7072; and that of J. O. Halliwell Phillipps, four days, 1291 lots, £2298.

Also at Sotheby’s in 1889 were sold the libraries of Frederick Perkins (2086 lots, £8222); the Duke of Buccleuch (selection), 1012 lots, £3705; W. D. Salmond, £2557.

In the following year Thomas Gaisford’s library was sold at Sotheby’s (eight days, 2218 lots, £9236); also that of Frederick William Cosens (twelve days, 4995 lots, £5571); that of Sir Edward Sullivan (choicer portion), £11,002; that of Frank Marshall (six days, 1937 lots, £2187); that of Alexander Young, £2238; and that of T. H. Southby, £2241.

In 1891 were sold the libraries of Cornelius Paine (£3677); Edward Hailstone of Walton Hall:—Part 1, ten days, 2728 lots, £4738. Part 2, eight days, 2904 lots, £4252 (total, £8991); W. H. Crawford of Lakelands, county Cork, twelve days, 3428 lots, £21,255; J. Anderson Rose, £2450; and Lord Brabourne, four days, 1149 lots, £2042.

The remainder of Lord Brabourne’s library was sold by Messrs. Puttick & Simpson in 1893 (three days, 995 lots, £1058).

In 1892 were sold the libraries of John Wingfield Larking (three days, 946 lots, £3925); of Edwin Henry Lawrence (four days, 860 lots, £7409); of Joshua H. Hutchinson (832 lots, £2377); of Count Louis Apponyi, £3363; and of “a gentleman deceased” (418 lots, £2411)—all at Sotheby’s.

In 1893 were sold at Sotheby’s the Bateman heirlooms (W. & T. Bateman), six days’ sale, 1840 lots, £7296; of Howard Wills, £8204; and of H. G. Reid, £3466; of Fred Burgess (dramatic library), £1558; also selected portion of the Auchinleck library, £2525. At the same rooms the sale of the Rev. W. E. Buckley’s library was commenced. Part 1, ten days, 3552 lots, £4669. The second part was sold in April 1893, twelve days, 4266 lots, £4751. The total amount realised by the two sales was £9420.

A choice collection of books was sold by Sotheby in 1894, viz., the library of Birket Foster, 1361 lots, £5198.

In 1895 were sold at Sotheby’s the libraries of Mons. John Gennadius, eleven days, 3222 lots, £5466; of Baron Larpent, £2630; of T. B. F. Hildyard, £4165; of the Earl of Orford, two days, 340 lots, £2609; of the Rev. W. J. Blew (liturgical), £2220; and of Dr. Hyde Clarke, £2598.

The library of the Rev. W. Bentinck L. Hawkins, F.R.S., was sold at Christie’s in the same year. First portion, three days, 747 lots, £1176. Second portion, two days, 471 lots, £833. Third and final portion, one day, 252 lots, £894. At the same rooms the library of William Stuart, 215 lots, £4296.

The sales at Sotheby’s in 1896 which realised £2000 and upwards were those of John Tudor Frere, £3747; Sir W. Pole, £4343; Adrian Hope, £3551; Lord Coleridge, £2845; Sir Thomas Phillipps (MSS.), £6988; Sir E. H. Bunbury, £2965, Lord Bateman, £2151; Alfred Crampton, £2492; fine bindings of a collector, £3613; books and MSS. from various collections, £8554.

The chief sales at Sotheby’s in 1897 have been as follows:—Sir Charles Stewart Forbes and others, five days, £5146; Beresford R. Heaton and others, three days, £4054; Sir Cecil Domville and others, four days, £5289.

The great sales, however, of 1897 were those of the first and second portions of the library of the Earl of Ashburnham. In the first part 1683 lots were sold for £30,151, and in the second part 1208 lots for £18,649.

It is worthy of notice in the above list that the amounts realised for the Heber and Sunderland sales were almost identical, while the totals of the Hamilton Palace libraries were larger than those for any other English sale, viz., £86,543 (Beckford, £73,551; Duke of Hamilton, £12,892).

In these totals the sales of booksellers’ stocks have not been recorded, because they do not sell so well as private libraries, owing to a rather absurd impression in the minds of buyers that the rarer books would have sold out at the shops had they been of special value; but it may be noted here that the stock of Messrs. Payne & Foss was sold in three portions in 1850 for £8645 (certainly much less than its worth) by Sotheby, who sold in 1868-70-72 Mr. Henry G. Bonn’s stock, in three parts, for £13,333, and Mr. Lilly’s in 1871 and 1873, in five parts, for £13,080. In 1873 Mr. T. H. Lacy’s stock of theatrical portraits and books were sold at Sotheby’s for £5157.

Mr. F. S. Ellis’s stock was sold in November 1885 for £15,996, and Mr. Toovey’s in February 1893 for £7090. The latter’s sporting books realised £1031.

It is very much the fashion now to average the amounts realised at auctions, and to point out that at such a sale the amount obtained was about £10 or more per lot. This is a useful generalisation so far as it goes, but further information is required to enable the reader to obtain a correct idea of value. The generalisation is useful in regard to a mass of sales; thus we may say broadly, that in the last century the ordinary large and good libraries averaged about £1 per lot, while in the present century they average at least £2 per lot.

A small and select library will naturally average a much higher amount than a large library, in which many commonplace books must be included. These averages, however, will not help us very much to understand the relative value of libraries.

For instance, at the Sunderland sale some lots sold for enormous sums, while a large number fell for a few shillings; but at the Hamilton Palace sales (William Beckford and the Duke of Hamilton) nearly every lot was of value, and although individual lots did not reach the sums realised at the Sunderland sale, the total was much larger. As an instance of what is meant, we may quote from the notice of the Ashburnham sale in the Times—

“The 1683 lots realised a grand total of £30,151, 10s., which works out at an average of as nearly as possible £18 per lot. Hitherto the highest average was obtained by the disposal in 1884 of the Syston Park library, where 2110 lots brought £28,000, or £13, 5s. per lot, the next highest average being that of the Seillière library, sold in 1887, 1140 lots realising £14,944, or about £13, 2s. per lot. It is scarcely fair, however, to compare the Ashburnham collection with either of these two libraries, as the Seillière was admittedly only the choice portion of the assemblage of the baron, whilst nearly every lot in the Syston Park library was of importance. Eliminating from the Ashburnham collection the hundreds of lots which realised less than £1 each, the average would be nearer £40 than £18.”

This is all very well in its way, but one lot fetched £4000, and such an amount would demoralise any average. Let us therefore see what are the particular points worthy of notice in the sums making up this large total of £30,151. We find that five lots realised £1000 and over each, and including these five lots, forty-two were over £100 each. Now the total for these forty-two lots is £20,348, which, if we deduct from the grand total, leaves 1641 lots for £9803, bringing our average down considerably.

This is not perhaps a quite fair system of striking an average, but it shows better how the prices of the books are distributed.

CHAPTER VIII

PRICES OF EARLY PRINTED BOOKS

It is impossible in the following chapters to do more than select some of the chief classes of valuable books in order to indicate the changes that have taken place in the prices. It will be noticed that the great enhancement of prices which is so marked a feature of the present age commenced about the beginning of the present century.

Bibliomania can scarcely be said to have existed in the seventeenth century, but it commenced in the middle of the next century, when the Mead library was sold. Still it attracted little attention until the sale of the Roxburghe library in 1812, when it had become a power. In the middle of the present century there was a dull time, but during the last quarter the succession of sales realising one, two, and three thousand pounds have been continuous, with occasional sales realising much larger amounts. Great changes have occurred at different times in the taste of collectors for certain classes of books.

We may obtain a good idea of the public taste in books by analysing a list of the highest prices obtained at three such representative sales as the Sunderland, the Hamilton Palace, and the Ashburnham libraries.

At the first of these the largest prices were obtained for the first editions of Bibles, classics, Italian poets, &c.; at the second, fine bindings took the lead; and at the third, Bibles and Caxtons, and other early literature occupied the first place.

All these classes are dealt with in the following chapters. In the present one, the most important among the early Bibles, the first editions of the classics, and early Italian literature are recorded. These are among the chief of those books which have been steadily rising for years, and now stand at enormous prices.

It is not safe to prophesy, but there is no reason to doubt that if riches continue to increase these prices will also advance. As these books are placed in great libraries they naturally become scarcer each year. We must, however, always bear in mind that the number of libraries and individuals who can afford to spend thousands of pounds on single books are few, and if they are reduced, those who remain in the field are likely to get books cheaper.

While the first editions of the classics will probably always keep up their price, later editions have experienced a fall from which they are never likely to recover. Scholarship and knowledge of manuscripts have so greatly advanced, that many of the old high-priced editions are now hopelessly out of date, and good German texts, which can be obtained at a few shillings, are naturally preferred.

The Delphin and Oxford classics, which were once so much sought after, have now sunk to a comparatively low price. The large paper copy of Dr. Samuel Clarke’s edition of “Cæsar” (2 vols. imp. folio, 1712), of which only twenty-five copies were printed, was once a high priced book. The Duke of Grafton’s copy fetched £64, and Topham Beauclerk’s £44. There is a story connected with the latter, which should be noted. Beauclerk gave four guineas for his copy to the mother of a deceased officer, the sum she asked, but when he was afterwards told by his bookseller that it was worth seventeen guineas, he sent the additional thirteen guineas to the lady. Certainly the Sunderland copy fetched £101 in 1881, but this was a special case, owing to the connection of the great Duke of Marlborough with the book. The Duke of Hamilton’s copy, which had belonged to Louis XIV., sold in 1884 for £36; but Beckford’s copy, bound in red morocco, only brought £6.

Block books are of such excessive rarity that they have always been high priced, but like the earliest books printed from movable types, they have greatly increased in value of late years. This is seen in the case of the copy of the second edition of the Biblia Pauperum, which fetched £1050 at the Earl of Ashburnham’s sale. This same copy brought £257 at Willett’s sale, but at Hanrott’s the price fell to the small amount of £36, 15s.

The following are some of the prices that those magnificent books—the Mazarin Bible and the first Bible with a date—have realised:—

Biblia Sacra Latina (Moguntiæ, Gutenberg et Fust, circa 1450-55):—

On vellum—G. & W. Nicols, 1825, £504 (Messrs. Arch for H. Perkins). H. Perkins, 1873, £3400. Earl of Ashburnham, 1897, £4000.

On paper—Sykes, 1824, £199, 10s. (H. Perkins). Hibbert, 1829, £215. Bishop of Cashel, 1858, £595. H. Perkins, 1873, £2690. Thorold (Syston Park), £3900. Earl of Gosford, 1884 (vol. i. in original binding), £500. Earl of Crawford, 1887, £2650. Earl of Hopetoun, 1889 (one leaf injured, and slightly wormed), £2000.

Biblia Sacra Latina (Moguntiæ, Fust et Schoeffer, 1462) [first Latin Bible with a date]:—

On vellum—

The Lamoignon copy, bought by Mr. Cracherode for 250 guineas, is now in the British Museum. Sunderland, 1881, £1600. Thorold, £1000.

The Latin Version of the Psalms, in its second edition, by Fust and Schoeffer, 1459 (printed on vellum), sold at Sykes’s sale for £136, 10s. At the Syston Park sale (Thorold) it brought £4950, a greater price even than has been given for the Mazarin Bible. It has been erroneously stated that this was the MacCarthy copy, which was sold in 1815 for 3350 francs. The MacCarthy copy was bought by Hibbert, and at his sale in 1829 it became the property of Baron Westreenen.50

Biblia Latina, folio Venetiis (N. Jenson), 1476, printed on vellum, capital letters illuminated, in red morocco, sold at the Merly sale for £168. Beckford copy (supposed to be the same copy) sold in 1882 for £330. H. Perkins, 1873, £290.

The first edition of the Bible in English (translated by Coverdale), 1535 (with some leaves mended), was sold at the Earl of Ashburnham’s sale for £820. Dent’s copy £89 in 1827 (title and two leaves in facsimile). Freeling’s copy, £34, 10s. in 1836. Dunn Gardner’s, 1854 (with title and one leaf in facsimile), £365. H. Perkins, 1873 (title and two leaves in facsimile), £400. Earl of Crawford’s (imperfect), £226.

The first edition of Tyndale’s New Testament (1526) sold in Richard Smith’s sale, 1682, for 6s. Ames bought the Harleian copy for 15s. This was sold at Ames’s sale, 1760, to John White for £15, 14s. 6d. It was sold by White to the Rev. Dr. Gifford for twenty guineas, and bequeathed by Gifford, with the rest of his library, to the Baptists’ library at Bristol.

The Complutensian Polyglot (6 vols. folio, 1514-17) is said to have cost Cardinal Ximenes £40,000. Six hundred copies were printed. The following prices have been paid for the one vellum copy in the market, and for some paper copies:—

Three on vellum—(1) Royal Library, Madrid; (2) Royal Library, Turin; (3) supposed to have been reserved for the Cardinal. Pinelli, 1789, £483, bought by MacCarthy. MacCarthy, 1817 £676 (16,000 francs), bought by Hibbert. Hibbert, 1829, £525.

On paper—Harleian copy, sold by Osborne for £42. Maittaire’s imperfect copy sold for 50s. Sunderland, £195. Earl of Crawford, 1887 (general title wanting), £56. Beresford Hope, 1882, £166. W. H. Crawford (Lakelands), 1891, £100.

The vellum copy sold in the Pinelli sale was, according to Dibdin, taken to Dr. Gosset when on a bed of sickness, in the hopes that the sight might work a cure on that ardent book-lover.51

John Brocario, son of Arnoldus Brocario, the printer of this polyglot, when a lad, was deputed to take the last sheets to the Cardinal. He dressed himself in his best clothes, and delivered his charge into Ximenes’ hand, who exclaimed, “I render thanks to Thee, O God, that Thou hast protracted my life to the completion of these biblical labours.” He told his friends that the surmounting of the various difficulties of his political situation did not afford him half the solace which arose from the finishing of his Polyglot.52 A few weeks after the noble enthusiast died.

Plantin Polyglot Bible, 1569-72, 5 vols. Five hundred copies printed; greater part lost at sea.

Earl of Ashburnham, 1897, on vellum (wanting the “Apparatus”), £79.

Walton’s Polyglot Bible, 6 vols. folio, 1657 (with Castell’s Lexicon), does not keep up its price.

Seaman, 1676, £8, 2s. Bernard, 1698, £10. Duke of Grafton (without Castell), £38, 13s. Edwards, £61. Heath, £73, 10s. (bought by the Earl of Essex). H. Perkins, 1873, £19, 15s. At the Wimpole library sale (Lord Chancellor Hardwicke), 1888, a copy of Walton without Castell fetched £9, 5s. The Ashburnham copy, which had belonged to Henry, Duke of Gloucester, fourth son of Charles I., with his name on the binding, which was in blue morocco, sold in 1897 for £28.

Editiones Principes of the Classics

Æsopus. Fabulæ Latine et Italice. Neapoli, 1485; first edition of Æsop with the Italian version. Hibbert’s, £17; Libri, 480 francs; Earl of Ashburnham, £203.

Anacreon. Lutetiæ, 1554, on vellum. Sunderland, 1881, £221.

Aristoteles. Opera varia. Venetiis, 1483, 2 vols. Earl of Ashburnham, 1897 (printed on vellum), each volume decorated in the highest style of Italian art of the period, fifty-nine beautiful historical and ornamental initials, £800.

Cicero. Opera Omnia Mediolani, per Alex. Minutianum et Gulielmos fratres, 1498-99 [first edition of the collected works], four vols. in two, folio, old yellow morocco. Sunderland, £30, 10s.

–– Epistolæ ad familiares. Romæ (Sweynheym et Pannartz), 1467, folio, the first edition and the first book printed in Rome and in Roman letters. Sunderland, £295.

—– Epistolæ. Venetiis, a Nicolao Jenson, 1471, folio. Mead, £3, 3s.; Askew, £11, 16s.; Sunderland, £12.

–– Orationes. Adam de Ambergau, 1472, folio. Askew gave £3, 5s. for his copy, which was bought by Dr. Hunter at his sale for £12. It is now at Glasgow University. Sunderland, £18.

Claudianus. Opera. Venetiæ, 1482, first edition. Mead, £2, 2s.; Askew, £7, 15s.; Pinelli, £9, 9s.; Sunderland (broken binding), £4.

Gellius (Aulus). Noctes Atticæ. Romæ (Sweynheym et Pannartz), 1469, folio, first edition. Pinelli, £58, 16s. (printed on vellum); Sunderland, £790.

–– Noctes. Venetiis, per Nicolaum Jenson, 1472, folio. Mead, £2, 12s. 6d.; Askew, £11, 10s.; Sunderland, £13, 10s.