Rare Book Monthly

Articles - March - 2020 Issue

How the ‘King of Manuscripts’ Became the Madoff of ‘France’

Page 1 of a 3 page story Ponzi Scheme

Page 1 of a 3 page story Ponzi Scheme

It’s an uncommon occurrence that rare books and manuscripts dominate the news in an issue of the New York Sunday Times.  Nevertheless it occurred on February 23rd, 2020.  Even more surprisingly it’s an old, unsettling story.

 

This is not a new story.  We’ve written 4 articles about the French firm Aristophil and what turned out to be a Ponzi scheme about rare and collectible paper.  This subject has been thoroughly discussed at Rare Book Hub between April 2015 and December 2019 but the Times released a fresh 3 full-page story that gives this saga added significance given the timing may dampen the animal spirits of the rare book and manuscript trade that often luxuriate over the dealers, crowds and material that will soon be standing cheek by jowl at the Armory at 66th and Park over the March 5-8 at the most important book and manuscript fair in the western world.

 

It’s a reminder how important trust is, and how damaging it is if buyers are betrayed.

 

The Times story is accessible on their online edition dated February 23rd, 2020.

 

If you subscribe to print or electronic editions of the New York Times or simply search on Google as:

 

https://www.nytimes.com/2020/02/21/business/aristophil-lheritier-rare-books.html


Posted On: 2020-03-01 22:20
User Name: johnwindle

A full summary with names, dates, book titles,n, any other relevant information such as which exhibitiors at the NYBF are known criminals would be illuminating. Recently a well known European collector was sitting in his dealer's booth selling his books directly to the public.


Posted On: 2020-03-19 02:35
User Name: mairin

Thanks for this, Bruce.
I saw detailed coverage of this subject in the NY Times a few weeks ago,
and alerted Charles Brown, editor, Florida Bibliophile Society newsletter,
who then uploaded his redaction of the piece (March issue). The subject
has had broad exposure. A cautionary tale ... buyer beware!
Maureen E. Mulvihill
___


Rare Book Monthly

  • Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    27th March 2025
    Forum, Mar. 27: Dürer (Albrecht) Hierin sind begriffen vier bücher von menschlicher Proportion, 4 parts in 1, first edition, Nuremberg, Hieronymus Andreae for Agnes Dürer, 1528. £30,000 to £40,000.
    Forum, Mar. 27: Book of Hours, Use of Rome, illuminated manuscript in Latin, on vellum, 26 fine hand-painted miniatures, 17th century dark brown morocco, [Lyon], [c. 1475 and later c. 1490-1500]. £25,000 to £35,000.
    Forum, Mar. 27: Brontë (Emily) The North Wind, watercolour, [1842]. £15,000 to £20,000.
    Forum, Mar. 27: Titanic.- Mudd (Thomas Cupper, one of the youngest victims of the sinking of the Titanic, 1895-1912) Autograph Letter signed on board RMS Titanic to his mother, April 11th 1912. £20,000 to £30,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    27th March 2025
    Forum, Mar. 27: [Austen (Jane)] Emma: A Novel, 3 vol., first edition, for John Murray, 1816. £10,000 to £15,000.
    Forum, Mar. 27: Picasso (Pablo).- Ovid. Les Metamorphoses, one of 95 copies, signed by the artist, Lausanne, Albert Skira, 1931. £10,000 to £15,000.
    Forum, Mar. 27: America.- Ogilby (John) America: Being the Latest, and Most Accurate Description of the New World..., all maps with vibrant hand-colouring in outline, probably by an early hand, 1671. £15,000 to £25,000.
    Forum, Mar. 27: Iceland.- Geological exploration.- Bright (Dr. Richard )and Edward Bird. Collection of twenty original drawings from travels in Iceland with Henry Holland and George Mackenzie, watercolours, [1810]. £20,000 to £30,000.
  • Forum Auctions
    The Library of Barry Humphries
    26th March 2025
    Forum, Mar. 26: Beckford (William) [Vathek] An Arabian Tale, first (but unauthorised) edition, Lady Caroline Lamb's copy with her signature and notes, 1786. £2,000 to £3,000.
    Forum, Mar. 26: Baudelaire (Charles) Les Fleurs du Mal, first edition containing the 6 suppressed poems, first issue, contemporary half black morocco, Paris, 1857. £4,000 to £6,000.
    Forum, Mar. 26: Beardsley (Aubrey).- Pope (Alexander) The Rape of the Lock, one of 25 copies on Japanese vellum, Leonard Smithers, 1896. £4,000 to £6,000.
    Forum, Mar. 26: Douglas (Lord Alfred) Sonnets, first edition, the dedication copy, with signed presentation inscription from the author to his wife Olive Custance, The Academy, 1909. £2,000 to £3,000.
    Forum Auctions
    The Library of Barry Humphries
    26th March 2025
    Forum, Mar. 26: Crowley (Aleister) The Works..., 3 vol. in 1 (as issued)"Essay Competition" issue on India paper, signed presentation inscription from the author, 1905-07. £1,500 to £2,000.
    Forum, Mar. 26: Rodin (Auguste).- Mirbeau (Octave) Le Jardin des Supplices, one of 30 copies on chine with an additional suite, bound in dark purple goatskin, Paris, 1902. £3,000 to £4,000.
    Forum, Mar. 26: Pellar (Hans) Eight original book illustrations for 'Der verliebte Flamingo' [together with] a published copy of the first edition of the book, 1923. £6,000 to £8,000.
    Forum, Mar. 26: Cretté (Georges, binder).- Louÿs (Pierre) Les Aventures du Roi Pausole, 2 vol., one of 99 copies, with 2 original drawings, superbly bound in blue goatskin, gilt, Paris, 1930. £3,000 to £4,000.
  • Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
    Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
    Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
    Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
    Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
    Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
    Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
    Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR
  • Swann
    Printed & Manuscript African Americana
    March 20, 2025
    Swann, Mar. 20: Lot 7: Thomas Fisher, The Negro's Memorial or Abolitionist's Catechism, London, 1825. $6,000 to $9,000.
    Swann, Mar. 20: Lot 78: Victor H. Green, The Negro Travelers' Green Book, New York, 1958. $20,000 to $30,000.
    Swann, Mar. 20: Lot 99: Rosa Parks, Hand-written recollection of her first meeting with Martin Luther King Jr., autograph manuscript, Detroit, c. 1990s. $30,000 to $40,000.
    Swann, Mar. 20: Lot 154: Frederick Douglass, Autograph statement on voting rights, signed manuscript, 1866. $20,000 to $30,000.
    Swann, Mar. 20: Lot 164: W.E.B. Du Bois, What the Negro Has Done for the United States and Texas, Washington, circa 1936. $3,000 to $4,000.
    Swann
    Printed & Manuscript African Americana
    March 20, 2025
    Swann, Mar. 20: Lot 263: Susan Paul, Memoir of James Jackson, Boston, 1835. $6,000 to $9,000.
    Swann, Mar. 20: Lot 267: Langston Hughes, Gypsy Ballads, signed translation of García Lorca's poetry, Madrid, 1937. $1,500 to $2,500.
    Swann, Mar. 20: Lot 274: Malcolm X, Collection from Alex Haley's estate, 38 items, 1963-1971. $4,000 to $6,000.
    Swann, Mar. 20: Lot 367: Solomon Northup, Twelve Years a Slave, Auburn, NY, 1853. $2,500 to $3,500.
    Swann, Mar. 20: Lot 402: Anna Julia Cooper, A Voice from the South, Xenia, OH, 1892. $2,000 to $3,000.
  • Koller, Mar. 26: Wit, Frederick de. Atlas. Amsterdam, de Wit, [1680]. CHF 20,000 to 30,000
    Koller, Mar. 26: Merian, Maria Sibylla. Der Raupen wunderbare Verwandelung, und sonderbare Blumennahrung. Nürnberg, 1679; Frankfurt a. M. und Leipzig, 1683. CHF 20,000 to 30,000
    Koller, Mar. 26: GOETHE, JOHANN WOLFGANG VON. Faust. Ein Fragment. Von Goethe. Ächte Ausgabe. Leipzig, G. J. Göschen, 1790. CHF 7,000 to 10,000
    Koller, Mar. 26: Hieronymus. [Das hochwirdig leben der außerwoelten freünde gotes der heiligen altuaeter]. Augsburg, Johann Schönsperger d. Ä., 9. Juni 1497. CHF 40,000 to 60,000.
    Koller, Mar. 26: BIBLIA GERMANICA - Neunte deutsche Bibel. Nürnberg, A. Koberger, 17. Feb. 1483. CHF 40,000 to 60,000
    Koller, Mar. 26: HORAE B.M.V. - Stundenbuch. Lateinische Handschrift auf Pergament, Kalendarium französisch. Nordfrankreich (Rouen?). CHF 25,000 to 40,000

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