Certain books have sold for too little in the past. They remind me

of people who plod along for years, then, through actual worth or

a turn of the wheel, suddenly blossom out, much to their friends’

astonishment. As material as it may sound, the increasing wealth in

this country is bringing about a new appreciation not only of books but

of old prints, paintings, and antique furniture. Books are the final

appeal; when the collector is through with the things that decorate his

house, he turns to the things that decorate his mind--and these last

forever.

[Illustration: LETTER OF DR. SAMUEL JOHNSON TO DAVID GARRICK,

SUGGESTING AN EPITAPH FOR HOGARTH WHICH LATER, WITH CHANGES, WAS

ENGRAVED ON HOGARTH’S TOMB]

The formation of university libraries and historical societies also

adds to the value of books. They take them out of reach of the

individual collector and place them in their ultimate home. No wonder

these libraries are considered tombs by the ardent gatherer of books.

New seats of learning, such as Duke University at Durham, North

Carolina, will certainly need adequate libraries. Book clubs, too,

are adding fuel to the flames. The Grolier Club of New York has a fine

library; the Elizabethan Club at Yale is the enviable possessor of a

tiny volume that ranks among the great books of the world. It is a

first edition of Bacon’s _Essays_, printed in London in 1597. Fifteen

years ago, at the Huth sale, it brought £1950--more than $9000. If it

were offered for sale to-day it would bring at least $25,000. There are

only about five copies of this edition known. One is in the British

Museum, Cambridge University has two, and a fourth is in the Huntington

Library. Thus, no private collector has the good fortune to own a

single copy.

Even though many rare volumes have retired permanently from the

salesrooms, it has always been a peculiarity of the collector that he

lives in hope. Just as there has always been a great search for ancient

manuscripts, so there always will be an endless hunt for important

early books. If there were wonderful discoveries in the past, why not

others of equal importance in the future? Within twenty years after

the invention of printing--about 1475--books became so accessible that

even the poorest scholars could afford them. Tracts of various kinds

were marketed for a few pennies which at first had sold for pounds.

There was so much printing done that some printers were ruined because

the supply quickly outgrew the demand. The best printers in Germany

perfected their craft and went southward into Italy, where their work

took on an added beauty. The city of Venice became a regular hotbed of

printing.

When, in the latter part of the fifteenth century, Italian noblemen saw

how common printing had become, they regarded it as vulgar. Although

they had at first been the patrons of printing, now some of them

ignored it and endowed scriptoriums, in the hope that printing would

fall into disfavor. In these scriptoriums men worked tediously on

illuminated manuscripts, trying to make them finer than printed books.

But of course printing went on, continuing its tremendous strides.

Hope springs eternal in the book collector’s breast. He will never

allow himself to believe that the wonderful old volumes of hundreds of

years ago have all been found. To-day, to-morrow, or next week, he must

surely unearth some unrecorded book.

What is known among book lovers as the greatest little find in history

occurred at Lamport Hall in Northamptonshire, England, in 1867. Charles

Edmunds, a London bookseller, while visiting Lamport Hall, the ancient

seat of the Isham family, accidentally came upon the old lumber room.

His curiosity was immediately aroused, for among the piles of wood

and discarded furniture he beheld stacks and stacks of dust-covered

books. There were hundreds of them of various sizes and dates; some

were chewed to bits, having furnished banquets for generations of mice,

descendants of which scampered about as Edmunds searched and hoped for

something interesting. Just as he was beginning to believe that they

all were valueless, he chanced upon a copy of Shakespeare’s _Venus and

Adonis_. Imagine his surprise when he found it to be a hitherto unknown

edition dated 1599, and “Imprinted at London for William Leake,

dwelling in Paule’s Churchyard at the signe of the Greyhound.” Inclosed

within the same vellum cover were _The Passionate Pilgrim_ and Davies’s

and Marlowe’s _Epigrams and Elegies_. The only other copy known of the

former is in the Capell collection at Trinity College, Cambridge. The

third tract in this volume was also an entirely unrecorded edition.

This _Venus and Adonis_ was a fourth edition. It sold at the Britwell

Court sale at Sotheby’s, in 1919, for £15,100--about $75,000. George

D. Smith bought it for Mr. Huntington, and it was the highest price

ever paid for a book up to that time. Whenever a great sale such as

this one is held, prices reverberate throughout the world. Immediately

there follows a cleaning out of old attics, a thorough brushing of odd

closets; cupboards and lumber rooms are scoured; and a general sorting

over of places where odd things have been relegated for years takes

place. Naturally, the enormous price of the _Venus and Adonis_ caused

a sensation when it was sold in London. News of this sale quickly

appeared in every paper in England.

A pretty story is told of how, one afternoon, two young Englishmen were

playing archery on an estate near Shrewsbury. Perhaps they didn’t have

a target, or if they did they mislaid it. Anyway, they picked up an old

book they found somewhere in one of the buildings on the place, and

stuck it against the lower branches of a tree to use for a bull’s-eye.

About to draw his bow, one of them was not quite satisfied with the

angle at which they had placed their target. So he walked forward

and turned it around. As he did so, some of the pages fell back, and

he read the magic name, “Venus.” Looking at the volume further, he

exclaimed to his companion, “I believe this old thing is similar to

that book which sold for £15,100 yesterday!” It soon sold privately for

more than £10,000, or about $50,000. Mr. H. C. Folger of New York, the

greatest collector of Shakespeareana, was the buyer.

With these stories indelibly impressed on my mind, my delight was

unbounded when I espied on the library shelves of Dorchester House,

London, the residence of Sir George Holford, a matchless copy of

_Venus_ in the second edition, 1594, five years earlier than these

famous “fourths.” Only three other copies were known. Be assured that

this was one of the first volumes I selected when, the following year,

I purchased the greater part of his collection. From a monetary point

of view this is the most valuable book that has ever been sold.

To bring these stories down to date, an almost equally interesting

find was made after the sale of a signature of Button Gwinnett, at the

Anderson Galleries in New York last winter, for which I paid $22,500.

Gwinnett was one of the signers of the Declaration of Independence

from Georgia. His signature is very rare, as his life was snuffed out

suddenly in a duel with General Lachlan MacIntosh in 1777, when he was

still young. There are but thirty-three of these signatures known. I

bought my first Gwinnett, incidentally the first to be sold in many

years, in Philadelphia two years ago for $14,000. Some wag figured,

at the time, that it was worth exactly $1000 per letter. Mrs. Arthur

W. Swann, of New York, happened to read about my purchase in a morning

paper, and began to think over the various items of a collection of

autograph letters which her grandfather, Theodore Sedgwick, had made,

and which she inherited. The more she thought about it, the more

significant a hazy remembrance became; she believed her grandfather had

secured a Button Gwinnett similar to the one I bought. After carefully

searching through the collection she found, much to her surprise and

delight, a most beautiful example of Gwinnett’s signature. In November,

1926, she sold the entire collection, and I bought the Button Gwinnett

for $28,500. This was then a record price for any signature in the

world’s history, the young signer’s autograph having jumped to $2000

per letter! After a while, selling a famous man’s handwriting by the

letter will be as common as selling antique silver by the ounce.

About four years ago a firm of auctioneers in London was requested to

sell a great mass of ordinary music belonging to the estate of a late

English noblewoman. The manager and his assistants were not very keen

about it, as the music was unsorted and on its face almost worthless.

But they finally agreed to do it on the condition it should not require

sorting. During the sale a dealer bought one of the bundles. Later he

sold some of it to other dealers, saving several sheets for himself to

take home. Some time passed and one night he chanced to glance over the

titles of these songs, catches, and other musical compositions. As

he turned one of the pages he fairly started from his seat. He could

hardly believe his eyes. A quarto pamphlet it was, and most probably

had been placed there years and years before--perhaps as a bookmark--by

someone who did not realize its worth. It was a copy of _Posthumous

Fragments of Margaret Nicholson_ by Shelley! The author’s name was not

mentioned, but it was edited by “Fitzvictor,” one of Shelley’s pen

names. Here it lay before him, in the original wrappers in which it

was first published. Of course, the news of the discovery spread like

wildfire. Later, this work sold for £1210, approximately $6000.

Propagandist pamphlets written by Shelley are extremely rare, and have

turned up in the most extraordinary places. They were generally of an

inflammatory or seditious nature, and he and Harriet had the habit of

throwing them from the windows wherever they might be staying at the

time, in the hope of hitting sympathetic targets. I should like to be

struck by one of those missiles!

Shortly after the War began I was informed of a letter written by

Amerigo Vespucci, to be offered in the Morrison sale in London. It

was the only known letter written by the man who gave his name to two

continents. Previous to its finding, the only record of Vespucci’s own

writing was a receipt bearing his signature. Now, the early stages of

the Great War were not exactly propitious times for auctions or any

other sales. The buying public of England, as well as auctioneers,

dealers, and collectors, all found their minds preoccupied with but one

subject--war. _Objets d’art_, books, and manuscripts were put aside

as playthings of a leisured hour; nor were they to be considered when

relatives and friends were fast becoming a part of the war machinery

daily departing for France. So prices did the logical thing--tumbled.

Although I was aware of the situation, I believed it impossible that

this Vespucci letter could go for a low figure. Here was an unusual,

magnificent autograph more than four centuries old. War? Why, it had

known a hundred wars! With little hope and less expectation, I cabled

a bid of £2500--about $12,500. The arrival of a reply a few hours

later caused me pangs of fear. I tortured myself a few moments with

delectable suspense. Was the letter mine or not? A momentous question!

At last I gathered courage and read words which were too curt, too

few, to seem true. Not only was I the possessor of this most precious

historical letter, but at what a price--a measly £395! It was almost

impossible to realize that I had secured for less than $2000 one of the

greatest bargains in history.

[Illustration: BOOKROOM AT 273 MADISON AVENUE, NEW YORK]

I was under a constant nervous tension until its arrival. When it

finally came I went with it into my library, locked the door, and

settled down to decipher the old and decorative handwriting. Vespucci

had written in Latin a somewhat grave and formal filial epistle to his

father. He was in Trivio Mugelli at the time, October 18, 1476. He

comments on a commonplace book, belonging to his uncle, Giorgio Antonio

Vespucci. These commonplace books were frequently kept in the fifteenth

century. They were used to note down Greek and Latin quotations, the

common information of the period. I had hardly finished reading this

before some mental click went off in my mind. I left my comfortable

chair and walked suddenly to a corner of my bookcase. Quickly I picked

out an old manuscript in a fifteenth-century binding. I held in my

hands an ancient commonplace book. There on the title page was the

written name--Giorgio Antonio Vespucci!

Side by side in my library were Amerigo’s only letter and Uncle

Giorgio’s commonplace book! I was thrilled by it all. In something of

a daze I placed the two on the table before me. Separated for nearly

five hundred years, they were again together. Where had they been those

five centuries? What had they seen and heard? If someone had thrown

a diamond into the middle of the ocean, to recover it years later,

it could not have been a greater miracle than this almost impossible

literary remating. Now the letter and the volume are in the Pierpont

Morgan library, united forever.

Some collectors, to my eternal amazement, are completely satisfied with

small libraries. This desire for a limited number of exquisite books

originated in France centuries ago. Many of the wealthiest and most

meticulous book lovers went in for what is known as cabinet collecting.

They liked small books which they could handle easily, and found no

interest in the first edition of even an important classic if it were

large. Diane de Poitiers was one of the first cabinet collectors. The

beloved of Henry II, she would doubtless be forgotten by collectors

to-day if she had not, like Cardinal Wolsey, loved her books more

than her king. When she became a widow, Diane immediately stamped her

volumes with a laurel springing from a tomb, with the motto, “I live

alone in grief.” But when she began her friendship with Henry she

suppressed both the tomb and the legend.

In her boudoir in the Château d’Anet, just outside of Paris, long

after her death a small case was found filled with the most precious

volumes, all in beautiful bindings of red and citron morocco, decorated

with the crescents of Diana the book huntress. This little nest of

bookish nuggets was not found until 1723, but was in perfect condition.

The diversity of its contents was amusing. The fathers of the Church

nestled close to some of the most risqué stories of that time, and the

poets stood side by side with treatises on medicine and the management

of the household. It has always been of interest to me that in the

small collection of Diane de Poitiers were two books relating to this

country, thus making her one of the earliest collectors of Americana.

The first was Servete’s edition of Ptolemy’s _Geography_, dated 1541,

and the other, _Les Singularitez de la France Antartique autrement

nommée Amerique_, brought out seventeen years later.

Perhaps the man who makes a covenant with himself to buy only a small

number of books, imitating the French collectors, is the happiest and

wisest of us all. He knows in his mind the location of every volume on

his shelves. At least he runs little chance of finding himself in the

position which was forced upon me several years ago. I had purchased

a first edition of Defoe’s _Robinson Crusoe_, published in 1719,

for which I paid $2500. Along with thousands of other volumes on my

shelves, I had not thought for months of poor old Crusoe and his man

Friday.

One day, however, a stranger came to see me, announcing with a great

air of assurance he had a really fine book which he knew would delight

me. Just how much, neither of us realized until it was removed from its

brown-paper wrapping. Then I recognized the binding, and that it was

my own _Robinson Crusoe_! I concealed my surprise as I asked for its

history and how he had come by it. With charming facility he explained

that it was left by his father-in-law to his wife, and I became furious

when he wound up with the worn tale of its having been in his family

“for over one hundred years.”

After he had finished his finely embroidered story I excused myself

from the room for a moment to telephone police headquarters. Returning,

I directly accused him of having acquired the book dishonestly. Looking

me in the eye, more in sorrow than in anger, he stood by his guns. But

when he heard the echo of heavy footsteps beyond my study door he broke

down, and told me a sordid hard-luck story which made me feel rather

sorry for him. I learned then that he had also bought other volumes

from a man who had been employed by me some months before. He paid a

few dollars for each book--I asked him for the names of the others,

and was relieved that they did not compare in value to the _Robinson

Crusoe_--and they were delivered to his junk shop. There was some

wistful quality about this fellow; aside from his dishonesty, he spoke

of books as though he loved them. I could not prosecute him. Again I

left the room, this time to tell the two detectives who were waiting

that I would not press the charge. And it did seem most unfortunate for

him that he came to me, of all people in the world, with that _Robinson

Crusoe_!

The modern book lover who gratifies his taste with a small collection

usually starts off with what he calls a logical reason for his fixed

policy. Some men will collect everything they can find which has been

written by or associated with an author they love, generally some

writer who has had a definite influence upon their lives. Thus there

are men who gather every edition, pamphlet, manuscript, autograph, or

personal relic of Burns, Shelley, Thackeray, or Dickens, to mention

only a few. Other sentimentalists must have every line of verse by

the poet whose rhythmic genius has struck sparks of music or passion

in their own souls. On the other hand, a practical person, such as an

Arctic explorer, will hunt out every known document mentioning the

Arctic, while his colleague, the African explorer, follows suit with

his desires for all works concerning his favorite quarter of the globe.

For years I have had a charming customer who is a romanticist if ever

there was one. Her enthusiasm is for books on those idealistic lands

beyond the mountains or behind the moon about which English writers of

all centuries have delighted to weave strange fantastic tales, such as

Sir Thomas More’s _Utopia_ and Sir Philip Sidney’s _Arcadia_. Then

there is another customer, with his vivid remembrance of old vintages,

whose standing order since the passing of the Volstead Act has kept us

busy gathering all editions and early works mentioning ardent spirits.

He smacks his lips with gusto when he obtains a particularly rare

one. Another great amateur’s favorite subject is everything relating

to tobacco. English authors from Ben Jonson to Charles Lamb allowed

their love of tobacco to permeate their works, and it is therefore a

delightful task, especially to an inveterate smoker, to pick up, here

and there, old books in which the authors endearingly mention perique

and “cigars of the Havana.” I recently owned a rare little volume

on which Charles Lamb had spilled some ale, and in which were found

remnants of tobacco. This might have caused a battle royal between the

two friends above mentioned, and, as I could not divide the volume, I,

like King Solomon on a more famous occasion, sold it to a collector who

was interested in gentle Elia for his dear self alone.

Very often these specialists have a change of heart. Their tastes

broaden and they develop into the maddest collectors of all. Perhaps

they suddenly realize the limited span of even a collector’s life, and

find they are missing many enchanting bypaths along the highroad of

books. When Richard Heber, the greatest bibliomaniac who ever lived,

began his library, he was interested only in purely classical works.

This English gentleman, although he has been dead for nearly one

hundred years, still survives, enshrined in every true bookman’s heart.

To recognize in oneself the symptoms of becoming “the fiercest and

strongest of all bibliomaniacs”--so Heber is described--what secret joy

and satisfaction! Heber’s library grew to enormous proportions, and

when he died he left more than one hundred and fifty thousand volumes.

Like Earl Spencer, it was necessary for him to have many houses, just

to hold his books. Eight establishments there were, on the Continent

and in England, each overrun with books. It was he who started the

craze for duplicate copies, explaining that no one could afford to be

without three copies of a book: one for show, the second for use, and

the third for borrowers!

Everybody knows it is never quite safe to lend an umbrella, even to

one’s dearest friend; the very act of lending seems to demoralize the

borrower, who thinks not of the rainy days to come. If there is scant

hope of ever seeing the umbrella again, how much less is there for a

borrowed book--unless it happens to be a rare one! In that case it may

be discovered several generations later, when the worried and loving

owner, who by this time is reclining in some bookish Nirvana, cares

little for earthly treasures. How many great literary finds have been

made as a result of careless borrowers, I wonder!

[Illustration: PAGE FROM ORIGINAL MANUSCRIPT OF CHARLES LAMB’S “THE

TRIUMPH OF THE WHALE”]

There is the case of a certain Englishman who, several years ago,

“borrowed” some early English books, printed by Caxton and Wynkyn de

Worde, from the libraries of Lincoln and Peterborough Cathedrals.

Lest they should be missed immediately, he left behind him the covers

of the books, stuffed with newspapers and replaced on the shelves;

the contents he carried away in his pockets. But one day someone

browsing about chanced to take down these skeleton books. The fraud was

discovered and reported to all book dealers and collectors in England,

so they should be on the lookout. Some of the volumes, minus bindings,

have already turned up at various sales, but where they all are no one

knows. They may be discovered again somewhere, some day.

One day before the War a stranger called on Quaritch, one of the most

celebrated and astute booksellers in London, to whose shop many rare

books, in those days, naturally drifted. This man said he had an old

book, but didn’t know its value. Quaritch looked at it, and immediately

recognized it as the long-lost and valuable edition of the laws of

Massachusetts, known to collectors as _The General Laws and Liberties

of Massachusetts, collected out of the Records of the General Courts_,

and printed at Cambridge, Massachusetts, in 1648. Inquiring of the

owner what he thought he should receive for it, the man would not say;

he desired Quaritch to make him an offer.

Quaritch was known far and wide for his fair dealing. Now he took into

consideration various facts, the most important of which was that he

might have to keep the volume for some years before reselling it. He

therefore offered what he felt to be a perfectly fair price--£2500.

The man looked at him in “wild surmise,” then gasped. He would have

accepted fifty pounds for it! But now, he said, as he put on his hat,

with the layman’s suspicious look in his eye, he would have to think

it over. He was too frightened to make up his mind just then. He never

went back to Quaritch, but shopped around a long time, selling it

eventually for £5000--a little less than $25,000. Alfred Quaritch told

me that it was this experience which cured him forever of making offers

on books.

Books and bidders · 第 3 / 18 段