BUY THE BOOK: THE BIBLIOPHILE'S COLLECTIBLE

Book Collecting 101

Book Collecting 101, rare books, bibliophile

Source: Campden FB http://www.campdenfb.com/article/buy-book-bibliophiles-collectible

ARTICLE | 10 AUGUST, 2015 12:37 PM | BY BRUCE LOVE

This is a rather large excerpt from an excellent article on book collecting and book collectors. I strongly suggest you follow the link next to Source to read the article in its entirety.

For almost a century people had walked through the library of one New England family every day without ever really thinking about the books on the shelves. Over generations a large collection of antique books had been accumulated, but had mostly remained in the library of the main family home.

“It was my great-grandfather’s collection,” says the Massachusetts-based bibliophile, who chose to remain anonymous so that he could speak freely about his family’s collection. “When I was in my early thirties I remember flicking through them and having the sudden realisation that they represented hundreds of years of thought.”

Over the course of a summer weekend’s browsing, he quickly began to realise the significance of collection – both in terms of value and personal meaning.

“Our family business was originally in manufacturing and our great-grandfather – the founder – had quietly amassed a considerable collection of rare books about our industry. Some were first editions – many of them signed by the authors. Quite a few of them dating back to the 1700s. Our family had either never known about the collection or forgotten over the generations.”

The great-grandson, then working in the family office and now pursuing his own interests, felt drawn to the collection and began collecting himself. He began by cataloguing the library, finding out along the way that it wasn’t insured for anything near its real value. He has since built on the collection considerably, keeping faithful to the same initial theme as his forebear.

“Caring for the same books as he did makes me feel much closer to my great-grandfather. I think it makes me more respectful of the legacy he created,” he says. “Building the collection further gives me great personal satisfaction and a feeling I am continuing that legacy.”

How then do books compare as a collectible? What is the market in first editions and rare books like? Can books be acquired for reasonable prices, or are they as astronomical as art?

One for the books
Based in New York, Thomas Lecky heads up the books and manuscripts department of auction house Christie’s. He was a literature major in school and was always fascinated with books.

In any given year, Lecky might see several centuries of history pass across his desk, from a range of fields as diverse as children’s literature, scientific texts, medieval manuscripts, French comics, or literary classics.

In his first year at Christie’s, Lecky was contacted by an adviser who was working with a descendent of John Quinn, a renowned lawyer and collector in the late-19th and early-20th century. Quinn’s descendent had in his possession a hitherto unknown manuscript of a section of James Joyce’s Ulysses.

“The manuscript had been passed down through the family, yet no one else knew that it existed. It was a great ‘working’ manuscript, showing Joyce diligently changing, revising, and moulding his language. It was exciting to see this ‘lost’ manuscript.”

In 2001, Lecky was fortunate to be a part of the Christie’s team that handled Jack Kerouac’s manuscript for On The Road. “This is a touchstone piece of American literary history. To see it so informally for the first time in a casual situation was humbling.” And last year his team sold George Washington’s annotated copy of the Bill of Rights. “It was a true privilege to work on it.”

In the book world, certain sales resonate more than others. The Cornelius Hauck collection was one such collection. The bibliophile had come from a German-American family of brewers that had called Cincinnati home since the mid-19th century. Between 1924 and his death in 1967, he amassed a collection of almost 4,000 books and manuscripts, dating from as early as the first century BC, all celebrating the book as an object, and containing many unique examples.

In 2006, Christie’s received an inquiry from the Cincinnati Museum Center seeking to sell the Cornelius Hauck ‘History of the Book’ collection, as it was known. “The names and titles on the list they initially sent to us weren’t much to go on. They weren’t necessarily that interesting texts, either.” But as Lecky read through further, and when he and his colleagues at last flew out to Cincinnati to view the collection, his reserved manner turned to quiet excitement.

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