On Feb. 26, Dirk Soulis Auctions of Kansas City, Missouri, auctioned a superb collection of books and manuscripts from the estate of Pittsburg (KS) State University curator and archivist Eugene DeGruson. In that location--instead of the usual suspects--some scouts and booksellers "in the know" were hoping that this auction was just under the radar of the bigger book dealers. Even more intriguing to them was the fact that DeGruson's collection had been assembled with the help of Mary Benjamin, a prominent document dealer who died in 1998.

The 355 literary lots included signed letters from the likes of Charles A. Dana, Henry Thoreau, Elizabeth Peabody, Margaret Fuller, Longfellow, Lawrence, Tennyson, Byron, Mary Shelley, Samuel Pepys, and many others. Some carte-de-visites, a small photo archive of Edna St. Vincent Millay, an archive of Amy Lowell papers, an archive of Katherine Anne Porter, same of Glenway Wescott, a handful of presidential letters, Hollywood autographs, and a selection of Mark Twain books. Aside from the Twain, it was not a deep collection, but broad and surprising.

Even more surprising were the estimates -- which were very low. $1000-$1,500 for a first edition of Johnson's Dictionary? It went for $7,500, plus the ten percent premium. An Oscar Wilde manuscript poem estimated at $500-$1,000 went for $16,500. But the real kicker was the Walt Whitman manuscript poem from 1885, estimated at $400-$600. It sold for $55,500.

Dirk Soulis, the auctioneer, who does not specialize in books or manuscripts, told me that the low estimates are a "common strategy" for them. "It sometimes seems that the competition is heightened even further when those who were hoping this was their quiet find begin to sense intruders," he wrote to me by email. He then added, "Of course, we never saw that coming with the Whitman manuscript. A few others did surprise us as well." Depending on what estates come his way, Soulis usually has a good book auction about once a year.

While some of these big bids did come in by phone and online through Live Auctioneers, the floor was active as well, leading some to speculate that a couple of high-end dealers flew into Kansas City that week.

Jonathan Shipley

Jonathan Shipley is a freelance writer living in Seattle. He’s written for the Los Angeles Times, Gather Journal, Uppercase, and many other publications.

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Quite a bit...in fact, a world record.

From a piece in Art Daily...

"Archie may have a ways to go to catch the likes of Superman and Batman, his Golden Age counterparts," said Lon Allen, Managing Director of Comics at Heritage, "but you can bet that collectors sat up and took notice when this comic brought that price. This amount exceeds the priciest of Spidey and Hulk comic books we've sold, which brought in excess of $125,000 each."

In fact, George Pantela of GPAnalysis (which tracks all sales of CGC-certified comics), has confirmed that this is the highest price ever paid for a non-superhero comic book. It sold to a West Coast collector who chose not to be identified by name.

"I've been collecting Archies for 40 years," the collector said, "and over the years I've become much more selective as far as condition. I've been looking for a high-grade Archie #1 for some time, and this is the first I've come across that I'd feel good about owning. It's not going to leave my possession until I die."
Introducing a new series of weekly bookseller catalogue reviews, in which we briefly review one outstanding new catalogue, to be posted on Fridays. This week we take a look at Simon Beattie's Short List 3. Beattie has been in business for himself for just over a year, specializing in "European cultural (and cross-cultural) history," and more particularly "Germany, Russia, music, language."

beattie005.jpgThe oversized format caught my attention right away--more newspaper than glossy magazine--and the opening spread of black text is very appealing to the eye. Beattie tells us that the twenty-five pieces in the catalogue "are united in the desire to create, be it to inform, to entertain, or to incite." This includes the work of a Chechen jihadist and a Nantucket Quaker, among others.

The interior of the catalogue is striking (almost disarming at first), with colorful images and texts running at odd angles. It moves chronologically from 1785's copy of Restif de la Bretonne's utopian novel, Les Veillees du Marais (£1250), to 1974's samizdat Russian translation of Nik Cohn's history of pop music (£2750). Images are accompanied by brief listings, and one pages to the back to see the full descriptions and prices. Goethe's Ossian (£3500) is one of the jewels of the list. It was privately printed by a 23-year-old Goethe. The first Russian edition of Mark Twain's The Prince and the Pauper (£3500) is rather amazing as well; Beattie notes that only one other copy could be found outside Russia, and that at the Library of Congress.  

Overall, it's an exciting selection of material, presented in a novel way. Download it, or contact Beattie for a paper copy.

Take a look at our Catalogues Received for the month of March to see what else is out there in bookseller catalogues right now. If you are a dealer, and you are not already sending a catalogue to our attention, please see the directions on this page.

International League of Antiquarian Booksellers president Arnoud Gerits has the answer, in an interview published this week on the ILAB website. Some of his advice:

The International League of Antiquarian Booksellers does not encourage collecting books for investment purposes. We can tell what the price of a book was in the past, how that price has developed, we can tell what it will cost now to own a copy, but we cannot predict what its future price will be. Our advice is always: buy what you like, what pleases you, what interests you, what fits within your areas of collecting or interest, buy the best copy available (and affordable to you) at the moment you want to buy the book. [Read more

Back in October, CNBC.com also ran a news article that took up this question of whether or not to invest in rare books. It seems people are looking for alternative investment strategies these days!

Erica Olsen

Erica Olsen lives in Cortez, Colorado. She is the author of Recapture & Other Stories, a collection of short fiction.

Single book lovers, take note. The New York Times is reporting on a new trend: speed-dating events hosted by public libraries. In San Francisco, the main library recently hosted one such event. Attendees were requested to bring a favorite book, a handy topic of conversation should the chemistry be lacking during any of the four-minute chats. No word yet on whether this trend will move to archives and special collections.
In case you missed the news today, AbeBooks Europe GmbH, the German subsidiary of the Amazon-owned Abebooks, announced today that it has purchased ZVAB.com, the online marketplace of German rare antiquarian books with over 3,000 professional antiquarians in 27 countries that offers customers an inventory of over 35 million used, antiquarian, and out-of-print books in many languages (i.e, its biggest German competitor). From the release: "With its great selection of rare and antiquarian books, ZVAB.com is an excellent complement to AbeBooks' German used and antiquarian books offering," said Hannes Blum, CEO of AbeBooks. "We are looking forward to working with ZVAB.com to make sure our customers can find and buy any book provided by ZVAB.com and AbeBooks sellers fast and conveniently."

One bookseller already lamented the merger. Bruce Tober, of Books at Star Dot Star in the UK, wrote to a listserv this morning, "Choosebooks/ZVAB has just announced it's been bought by ABE. Initially - according to their announcement - all looks well. No one will notice any changes almost at all. Choosebooks will close down but ZVAB.com will remain, etc. But we all know what problems and changes such takeovers really mean in the not so long run."
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...And not just at PBA. Heritage Auctions is launching its weekly Internet auction tomorrow, March 3. This gives you the chance to bid on approximately 300 books, prints, and maps every week, with one auction opening each Thursday, just as the previous closes. The debut auction includes a range of material from A Catalogue of Engraved British Portraits (London, 1793) in contemporary cloth to a large selection of (very) modern first editions, like this signed first of The Corrections, lacking the Oprah sticker. There are also a smattering of photobooks, prints, and engravings. Mark your calendars for a weekly peruse!