Book collectors tend to look you in the eye. They are passionately curious, in love with beautiful narratives, and generally undeterred by the shiny and two-dimensional. Unlike traditional art coll…
Book collectors tend to look you in the eye. They are passionately curious, in love with beautiful narratives, and generally undeterred by the shiny and two-dimensional. Unlike traditional art collectors, dyed-in-the-wool book people seek the whole story, scrutinizing every printed page. To the untrained eye, books on a shelf may appear unassuming, but to a book expert and lover, it’s a trove of treasures, sometimes worth millions.
An image from the 10 Commandments — part of the Codex Sassoon, which sold for $38 million at auction in May, one of the highest tallies ever for an ancient work on paper.directly between clients and private dealers — “books, maps, manuscripts and ephemera are increasingly being sold at auction,” said Bruce McKinney, founder of the, a bibliographic database and magazine. “That has been a very strong trend, and is frankly irreversible.
, according to a UBS/Art Basel report— the rare books market is having a moment. The category encompasses everything from books and bibles to prints, maps and other paper-bound ephemera. For most of its history, sales were largely private and conducted by a small group of dealers and antiques shops for an equally small and rarified consumer base. Connecticut-based William Reese Company, for instance, is a notable local private dealer with a focus on Americana, while Donald A.
In late 2021, a first edition of Harry Potter and the Philosopher’s Stone sold for $471,000 at Heritage Auctions, a world-record for a work of modern literature.Indeed, the pandemic provided the ideal backdrop for the expansion of rare books sales, particularly at auction houses – which were quick to digitize their commerce efforts.
Richard Austin at Sotheby’s echoes Hause’s sentiments about the rise in prices secured at auction. In addition to watershed sales like the Codex Sassoon, his department regularly sells lesser works on paper for over $1 million, such as a map from the collection of American explorers“It used to be that million-dollar or multi-million-dollar results were unusual in the manuscript market, but it’s become much more frequent,” Austin said.
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