Caren at Potter & Potter - Not All Sales are Equal
- by Bruce E. McKinney
Paper is turning into gold!
Our report of Eric Caren’s ephemera sale recently conducted by Potter and Potter of Chicago makes dry reading until and unless you understand you’re seeing the changing of the guard in the collectible paper field. The rare book field has been skirmishing with paper collectible wannabes for two hundred years and the trade long preferred to handle easily understandable objects. It made sense and it made the field predictable for dealers, auction houses, institutions and collectors. To make markets there have always been a need for common understandings. For books, all sides were long in agreement.
As to ephemera, not so much. Dealers acquire material to sell and most of their energy goes into selling. For those who want to acquire, dealers provide an invaluable service. As to the basic research about emerging markets, the heavy lifting has been done by collectors and collecting institutions and in the case of paper ephemera, Eric C. Caren saw the opportunity fifty years ago, acquiring undescribed important and rare paper, believing he had the chops to organize a series of ephemera sales in the future. During the past decade, his and our futures have been arriving. Potter & Potter’s recent ephemera sale is his ninth and his sales have brought collectible paper into many collectors’ conversations.
Ephemera is very tricky and easily manipulated and it will take years before there will be enough transaction history for the casual observer to know fair value. But until then, you have Eric’s auctions as a masterclass to study and appreciate what the world of collectible paper is becoming.
I suggest you click on this link to read [or reread] his most recent sale. There are all kinds of paper you would not expect to see listed and sold at auction.
Here is a link to Eric’s recent sale at Potter & Potter: link
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
![<b>Forum, Mar. 27:</b> 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.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/1d4e3614-8c6e-4405-9784-fccc9af6f069.png "<b>Forum, Mar. 27:</b> 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.")
![<b>Forum, Mar. 27:</b> Brontë (Emily) <i>The North Wind,</i> watercolour, [1842]. £15,000 to £20,000.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/cdae56c0-f6c2-49f9-aa96-cb45addacd4e.png "<b>Forum, Mar. 27:</b> Brontë (Emily) <i>The North Wind,</i> watercolour, [1842]. £15,000 to £20,000.")
![<b>Forum, Mar. 27:</b> [Austen (Jane)] <i>Emma: A Novel,</i> 3 vol., first edition, for John Murray, 1816. £10,000 to £15,000.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/ba9a41af-fc2f-4232-b3ab-c2df1eee9335.png "<b>Forum, Mar. 27:</b> [Austen (Jane)] <i>Emma: A Novel,</i> 3 vol., first edition, for John Murray, 1816. £10,000 to £15,000.")
![<b>Forum, Mar. 27:</b> 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.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/2a143987-f930-4a0f-a2e9-c1d7c73846c3.png "<b>Forum, Mar. 27:</b> 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.")
![<b>Forum, Mar. 26:</b> Beckford (William) [Vathek] <i>An Arabian Tale,</i> first (but unauthorised) edition, Lady Caroline Lamb's copy with her signature and notes, 1786. £2,000 to £3,000.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/3b9e9f17-a38a-48d3-8002-704791674917.png "<b>Forum, Mar. 26:</b> Beckford (William) [Vathek] <i>An Arabian Tale,</i> first (but unauthorised) edition, Lady Caroline Lamb's copy with her signature and notes, 1786. £2,000 to £3,000.")
![<b>Forum, Mar. 26:</b> 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.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/2e38d43d-301f-4367-aa55-51fffc7fe85b.png "<b>Forum, Mar. 26:</b> 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.")
![<b>Koller, Mar. 26:</b> Wit, Frederick de. Atlas. Amsterdam, de Wit, [1680]. CHF 20,000 to 30,000](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/2214ca86-0dc9-47be-8bc5-99d9f1c2aa1f.jpg "<b>Koller, Mar. 26:</b> Wit, Frederick de. Atlas. Amsterdam, de Wit, [1680]. CHF 20,000 to 30,000")
![<b>Koller, Mar. 26:</b> 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.](https://pjupgrade-staging.s3.amazonaws.com/AdvertisementPhotos/b8b6a630-a01a-4220-ae77-38540d6c898d.jpg "<b>Koller, Mar. 26:</b> 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.")
