Antiques Trade Gazette 51
of illustrations
Riches and taxes
IN a late 19th/early 20th century half calf binding, lacking the advertisements and showing some spotting and staining, as well as extensive marginal pencil scoring and underlining, an 1817 first of David Ricardo’s On the Principles of Political Economy and Taxation that was lotted up with two other unidentified items at Lyon & Turnbull on September 7 still sold very well indeed for £10,000 – but two other copies have made higher sums in recent months. The son of a Dutch-Jewish banker who had
moved to England and made a fortune on the Stock Exchange, Ricardo’s interest in political economy had been fostered by a reading of Adam Smith’s Wealth of Nations almost two decades earlier, but it was not until 1815 that he was urged by James Mill and others to put his own economic theories into print. It seems that, once started, he took only six
months to complete his Principles..., but he is nonetheless credited with providing the first systematic and scientific approach to economics and in this, his great contribution to the subject, he demonstrated a mathematical approach and careful deductive methods that provided a model for future texts. On June 23, a first in the original boards that
in 1990 had sold for $11,000 (then £6435) at Sotheby’s New York, as part of the Bradley Martin library, re-appeared at Christie’s New York to sell for a sum that in the light of that Edinburgh result seems almost cheap at $17,000 (£10,514). The auction record for this important work,
dispersal of the Dent archives, Brock’s illustrations to all the Jane Austen books were among 21 lots of his illustrations on offer. On that occasion, almost a quarter century ago, the Northanger Abbey set was easily the cheapest lot, but even so, the price was higher then than it was this summer, at £7500. In what was the golden age of book
illustration sales, all the other Brock- Austen lots in that 1987 sale made five-figure sums, peaking at £42,000 for those which Brock made for Emma. See also the Rackham watercolour
sold in June by Sotheby’s New York, reproduced above.
At Christie’s South Kensington
on June 13, the 1903, first issue in original pictorial cloth of one of P.G. Wodehouse’s early ventures into school literature, a collection of short stories and essays called Tales of St Austin’s, sold for £1500. Though four of the titles were either
repaired, stained or worn, a complete set of all 13 of Florence & Bertha Upton’s Golliwogg books, plus The Vege- Men’s Revenge, sold at £2000 at South Kensington on June 13, while at Dominic Winter three days later, a group of 13 of Enid Blyton’s Famous Five... books from the years 1947-63, all in dust jackets,
made £1100. At Bloomsbury Auctions of
Godalming on August 11, £800 was paid for a salesman’s dummy for the 1927, first edition of Now We Are Six. Most of the leaves were plain, with text present only to page 23, but there were some variations from the published version. These include the jacket illustrations and the text of the preliminaries. In the same sale, a 1976 first of
Hergé’s Tintin et Les Picaros, signed and inscribed with a drawing of Tintin and Snowy, was sold at £1900. This was the
continued on page 52
however, was set ten years ago at $35,000 (then £23,800) at Christie’s New York’s sale of the Abel Berland Library. This copy, too, lacked the publisher’s advertisements at the end and had pencil annotations and lines to the shoulders of some 40pp, but this ex-Cockerell-Goodman copy was a fine, uncut example in original boards, later rebacked but preserving the original paper label. That record remains, but a copy seen at
Sotheby’s on July 14 moves into second place with a bid of £16,000. In contemporary but now somewhat time weary polished calf, this too lacks those elusive advertisement leaves, but at the top of the title page are written the words “From the author”. This seems most likely to be in the hand of John Murray or one of his staff, not Ricardo, but it would be interesting to know who added the contemporary note, quoting Lord Brougham’s review of the book, to the front endpaper.
Bibliophile Sales Godalming
Contact Clive Moss:
cmoss@bloomsburyauctions.com
Baverstock House, 93 High Street, Godalming, Surrey GU7 1AL t +44 (0) 1483 423567 f +44 (0) 1483 426392
godalming@dnfa.com www.dnfa.com/godalming
Now Welcoming Consignments
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