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Prices of Books
Prices of Books

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Prices of Books

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The Rev. C. H. Hartshorne, in his “Book Rarities,” mentions a print by Nicholls in the British Museum, called “The Complete Auctioneer,” representing a man with spectacles on, standing at a table covered with books, which are lettered at the tops. Underneath are these lines—

“Come, sirs, and view this famous Library;’Tis pity learning should discouraged be:Here’s bookes (that is, if they were but well sold)I will maintain ’t are worth their weight in gold.Then bid apace, and break me out of hand:Ne’er cry you don’t the subject understand.For this I’ll say—howe’er the case may hit,—Whoever buys of me—I’ll teach ’em wit.”

Although the London booksellers went into the country to sell books, there were some local auctioneers, as, for instance, Michael Johnson (the father of Dr. Samuel Johnson), who kept a bookstall in Lichfield, and attended the neighbouring towns on market days. Johnson’s address to his customers is taken from “A Catalogue of Choice Books, … to be sold by auction, or he who bids most, at the Talbot, in Sidbury, Worcester,” and is quoted from Clarke’s Repertorium Bibliographicum (1819)—

“To all Gentlemen, Ladies, and Others in or near Worcester,—I have had several auctions in your neighbourhood, as Gloucester, Tewkesbury, Evesham, &c., with success, and am now to address myself and try my fortune with you.—You must not wonder that I begin every Day’s Sale with small and common books; the reason is a room is some time a filling, and persons of address and business, seldom coming first, they are entertainment till we are full; they are never the last books of the best kind of that sort for ordinary families and young persons, &c. But in the body of the Catalogue you will find Law, Mathematicks, History: and for the learned in Divinity there are Drs. Souter, Taylor, Tillotson, Beveridge, and Flavel, &c., the best of that kind: and to please the Ladies I have added store of fine pictures and paper hangings, and, by the way, I would desire them to take notice that the pictures shall always be put up by the noon of that day they are to be sold, that they may be view’d by day light. I have no more but to wish you pleas’d and myself a good sale, who am

Your Humble Servant,M. Johnson.”

The sale took place in the evening, commencing at six o’clock and continuing till all the lots were sold.

The existing firms of literary auctioneers, Sotheby, Wilkinson & Hodge; Puttick & Simpson; Christie, Manson & Woods; and Hodgsons, are all of considerable standing, but Sotheby’s is of the greatest antiquity. Samuel Baker, the founder of the house, commenced business in 1744 with sale of Dr. Thomas Pellet’s library (£859) in York Street, Covent Garden. He continued sole member of the firm till 1774, when he entered into partnership with George Leigh (who is styled by Beloe “the finical bookseller”). Baker died in 1778, in his sixty-sixth year, when he left his property to his nephew, John Sotheby, who in 1780 was in partnership with Leigh. In 1800 the style was Leigh, Sotheby & Son, John Sotheby’s son Samuel being taken into partnership. In 1803 the business was removed from York Street to 145 Strand, opposite Catharine Street, and in 1818 to the present house in Wellington Street. The third and last Sotheby, Mr. Samuel Leigh Sotheby, became a partner in 1837, and in 1843 Mr. John Wilkinson entered the firm as a partner. The style was Sotheby and Wilkinson till 1864, when Mr. Edward Grose Hodge became a partner, and from that date the name of the firm has been Sotheby, Wilkinson, and Hodge.

The firm of Puttick & Simpson dates back to the establishment of the business by Mr. Stewart in 1794 at 191 Piccadilly. The business was bought by Wheatley & Adlard on the retirement of Mr. Stewart. For a short time it was carried on by Mr. Fletcher, who was succeeded in 1846 by Messrs. Puttick & Simpson. In 1858 the business was removed from Piccadilly to 47 Leicester Square. Mr. Puttick died in 1873.

The firm of Christie’s was established soon after that of Sotheby’s, and James Christie the elder’s (1730-1803) first sale was on the 5th December 1766, at rooms in Pall Mall, formerly occupied by the print warehouse of Richard Dalton. Christie afterwards removed next door to Gainsborough, at Schomberg House, and died there, 8th November 1803. His son, James Christie the younger (1773-1831), was born in Pall Mall, and was educated at Eton. In 1824 he removed to the present premises in King Street, formerly Wilson’s European Emporium. Mr. Christie died in King Street, 2nd February 1831, aged fifty-eight. Mr. George Christie succeeded his father. Mr. William Manson died in 1852, and was succeeded by his brother, Mr. Edward Manson. In 1859 Mr. James Christie, the great-grandson of the founder, and Mr. Thomas Woods, joined the firm.

CHAPTER III

PRICES OF MANUSCRIPT BOOKS

In a treatise devoted to an inquiry concerning the varying prices of books, it is necessary that at least one chapter should be devoted to manuscripts. There is no field of investigation which offers a more interesting subject for study, and few that are more difficult to master. Manuscripts are really more attractive than printed books, because they are so various, and have been produced over a much longer period of the world’s history. It is therefore strange that so few authors care to trouble themselves about them; that this is so may be seen from the large number of readers at the British Museum who are contented to quote over and over again from the much-used printed books, and the comparatively few who cultivate the virgin soil of the Manuscript Department, where there are endless stores of unused materials.

Manuscripts are usually somewhat miscellaneous in character, for they consist (1) of some of the finest examples of the pictorial art of many ages; (2) of the originals of the great works of antiquity; (3) of a large number of valuable works that have never been printed; (4) of charters, documents, letters, memoranda, &c., which are of great value, but which are not books, and therefore do not come within the scope of our present inquiry. In respect to the prices of the manuscripts, it is very difficult to say anything of much value, because (1) many of the most important manuscripts have been transferred from library to library in bulk, and it is comparatively seldom that they come up for public sale; (2) the buyers of manuscripts are fewer than those of printed books, and therefore it is more difficult to arrive at a real standard price for books which are practically unique, as there is no wide public opinion upon the subject. But for the present purpose, a still more important reason why this vast subject cannot be dealt with in a succinct manner is, that the materials for its history have not yet been thoroughly investigated by experts. The relative prices at different periods are hard to understand, even in England, where money has been better regulated than in most countries; but when we have to deal with foreign countries and foreign coins, we are necessarily at a loss how to convert into their present value coins which may have been depreciated at the time we are dealing with, and have certainly been still more depreciated since: for instance, what idea is communicated to the mind of the modern reader when he is told that “Borso d’Este paid forty ducats for a Josephus and a Quintus Curtius, while his large two-volume Bible cost him 1375 sequins”?13

In dealing with manuscripts, it is most important to distinguish between plain and illuminated manuscripts. The neglect of this caution has led to an exaggerated idea of the cost of books before the invention of printing. Instances have been given of purchases at sums equal to a king’s ransom. Hence it is supposed that books were so dear that they were quite out of the reach of any but the richest personages. But this view is erroneous, for we know that by means of the slave labour at Rome and the organised work in the monasteries, plainly written manuscripts could be obtained at a reasonable price. We know now that transcripts of MSS. can be had at a price which, if dear when compared with the price of a newly-published printed book, is by no means extravagant. What could be done at a centre of civilisation like Rome, where books were produced in large numbers and at low prices on account of the organisation of literary production, could be done at other places. There is evidence that at London, and at those seats of learning, Oxford and Cambridge, where caligraphy was a profession, books were not difficult to obtain. Every church and chapel must have had service-books. Probably during the Middle Ages, when travelling was arduous and expensive, persons living in out-of-the-way places had to pay special prices for their literary treasures.

The late Professor J. Henry Middleton referred to this matter of cost in his valuable work on “Illuminated Manuscripts” (1892). After quoting from Aulus Gellius, he wrote—

“But ordinary copies of newly-published works, even by popular authors, appear to have been but little more expensive than books of this class are at the present day. The publisher and bookseller Tryphon could sell Martial’s first book of Epigrams at a profit for two denarii—barely two shillings in modern value (see Mart. xiii. 3). It may seem strange that written manuscripts should not have been much more costly than printed books, but when one considers how they were produced, the reason is evident. Atticus, the Sosii, and other chief publishers of Rome, owned a large number of slaves, who were trained to be neat and rapid scribes. Fifty or a hundred of these slaves could write from the dictation of one reader, and thus a small edition of a new volume of Horace’s Odes or Martial’s Epigrams could be produced with great rapidity, and at very small cost” (p. 19).

In the fifteenth century, even, illustrated Books of Hours were produced in France, Flanders, and Holland at a cheap rate. Mr. Middleton wrote—

“Education had gradually been extended among various classes of laymen, and by the middle of the fifteenth century it appears to have been usual not only for all men above the rank of artizans to be able to read, but even women of the wealthy bourgeois class could make use of prayer-books. Hence arose a great demand for pictured Books of Hours, which appear to have been produced in enormous quantities by the trade scribes of towns, such as Bruges, Paris, and many others. These common manuscript Hours are monotonous in form and detail; they nearly always have the same set of miniatures, which are coarse in detail and harsh in colour” (p. 141).

Mr. Middleton gives some further information respecting the cost of production of certain service-books taken from some church records in the fourteenth and fifteenth centuries—

“From these accounts (1379-1385) we learn that six manuscripts were written, illuminated, and bound, one of them with gold or silver clasps or bosses, at a total cost of £14, 9s. 3d., more than £150 in modern value” (p. 222). “Three Processionals only cost £1, 17s. 4d., being on forty-six quaternions of cheap parchment made of sheepskin, which cost only 2½d. the quaternion” (p. 223).

There was thus great variety of cost in the production of the various kinds of books, but when we consider the matter, we shall find it impossible to do other than believe that a demand for service-books, the price of which was not prohibitive, must have existed.

The Rev. T. Hartwell Horne gave in his “Introduction to Bibliography” some instances of the prices of manuscripts in the Middle Ages, but as some of these were evidently exceptional cases, although they have been used by historians to draw conclusions which we must consider as erroneous, they need not be repeated here.

Dr. S. R. Maitland in his admirable work on the “Dark Ages” comments with much acuteness on some of these cases as quoted by Dr. Robertson, and shows that the historian has drawn a general conclusion from special instances, which in certain cases have not been correctly reported. Maitland adds that some writer a few centuries hence might—

“Tell his gaping readers … that in the year 1812 one of our nobility gave £2260 and another £1060 for a single volume, and that the next year a Johnson’s Dictionary was sold by public auction to a plebeian purchaser for £200. A few such facts would quite set up some future Robertson, whose readers would never dream that we could get better reading, and plenty of it, much cheaper at that very time. The simple fact is, that there has always been such a thing as bibliomania since there have been books in the world, and no member of the Roxburghe Club has yet equalled the Elector of Bavaria, who gave a town for a single manuscript” (pp. 66-7).

Interesting particulars respecting the composition, binding, and expenses of Petrarch’s library will be found in M. de Nolhac’s monograph on the subject. Petrarch kept copyists in his house, whose shortcomings occasioned him much vexation. He bequeathed his library to Venice, and the Venetians are accused of having suffered it to be dispersed, but it would seem that it never reached them.

We may judge from the immense number of manuscripts still existing, in spite of the wholesale destruction that occurred at various times, how large was the output in the Middle Ages. It is therefore preposterous to suppose that when books were being produced in large numbers in hundreds of monasteries in Europe they were only bought by kings or great nobles.

During the troubled times of the Barons’ Wars there must have been great destruction of literary treasures, and at the Reformation, when whole libraries were destroyed and made waste-paper of, the ignorant waste was appalling. “The splendid and magnificent abbey of Malmesbury, which possessed some of the finest manuscripts in the kingdom, was ransacked, and its treasures either sold, or burnt to serve the commonest purposes of life. An antiquary who travelled through that town many years after the dissolution, relates that he saw broken windows patched up with remnants of the most valuable MSS. on vellum, and that the bakers hadn’t even then consumed the stores they had accumulated in heating their ovens.”14 That so much is left after the wholesale raid on the monasteries is largely due to the sound antiquarian taste of John Leland, to whom we of later ages are supremely indebted.

In all times of political convulsions the learning of the world stands a bad chance of escaping great loss, and we are told that twenty-five thousand manuscripts were burnt during the horrors of the French Revolution.

Carelessness and the contempt felt for old books are still the great destructive forces in the East, and the Hon. Robert Curzon, who travelled in search of manuscripts, gives in his “Visits to the Monasteries in the Levant” (1849) a lively account of the irreparable losses that are constantly occurring. (See also Archdeacon Tattam’s and M. Pacho’s narratives of their negotiations with the monks of the Nitrian Desert for Syrian MSS., and the subsequent experiences of Tischendorf and Mrs. Lewis.) One of the most recent literary events is the recovery of a number of Jewish manuscripts from a Genizah or storehouse of old papers and parchments at Cairo, where they were preserved indeed, but entirely neglected.

The late Mr. Thorold Rogers paid considerable attention to the prices of books, and recorded many valuable facts respecting them in his important work, “History of Agriculture and Prices in England.” After commenting on some prices in the thirteenth and fourteenth centuries, he adds, “such prices indicate that written literature was not wholly inaccessible to the general public” (vol. i. p. 646).

The particulars of the cost of church books give perhaps the best idea of prices, because these were needed by a large number of the population. Some of them were of small price, while others of a more elaborate character were of great price. In the year 1278 the bailiff of Farley spent six shillings and eightpence for books for the church, and in 1300 the monks of Ely paid six shillings for a Decretal, and two shillings for Speculum Gregorianum. In 1329 the precentor received six shillings and sevenpence, with an instruction to go to Balsham to purchase books.15 In 1344 a Bible cost three pounds, and in 1357 a book was bought for Farley church for four shillings.

Mr. Blades printed in his Life of Caxton an inventory of the library of Jean, Duc de Berri, at the château of Mohun sur Yevre, 1416. At the death of the duke the library contained one hundred and sixty-two volumes, valued at 14,909 livres.

In 1443 twenty-seven volumes were purchased by the authorities of King’s Hall, Cambridge, from the executors of John Paston (who had been their steward), at a cost of £8, 17s. 4d. In 1447 the same college bought a Psalter for three shillings and eightpence, and a Donatus for one shilling.

In 1449 twenty new Processionals cost All Souls College one hundred and thirteen shillings and fourpence, and in 1453 a book of Wycliffe’s was bought for seven shillings and sixpence, and one written against him for three shillings and sixpence.16 A manuscript of 157 leaves, containing some of the works of St. Gregory, was bought in 1455 for £3, 6s. 8d.

In 1459 Fastolfe’s books were highly priced; thus a fair Mass book was fixed at ten pounds, and a Holy Legend at the same sum, while two new great Antiphons were together £13, 6s. 8d.

One of St. Augustine’s Epistles, containing 179 leaves, sold sometime after 1468 for £1, 13s. 4d., and about the same time one of St. Bernard’s Treatises, written on 211 leaves, was bought by Richard Hopton from the executors of a former possessor for twenty shillings.

Perhaps a rather more accurate idea of the cost of manuscript books can be obtained from a consideration of the cost of materials and the pay of the scribes, and, fortunately, particulars have come down to us which allow of a comparison of the various expenses.

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1

A still more elaborate edition was published by the Grolier Club in 1889. This was edited by Professor A. F. West, and printed in three volumes small quarto. It was issued in a small edition, and a sight of it is therefore difficult to obtain.

2

From Ernest C. Thomas’s translation, 1888.

3

Dibdin’s Bibliomania, Part V.

4

The versions given in Noble’s Continuation of Granger are inferior to the above, which were taken from an old MS. by the Rev. Cecil Moore, and are believed by him to be the originals. See “Bibliographer,” vol. vi. p. 92.

5

William Oldys’s “Choice Notes,” 1862, p. 38.

6

Ibid. p. 92.

7

Bliss’s Reliquiæ Hearnianæ, 1869, vol. i. pp. 206, 207.

8

“Letters from the Bodleian,” vol. i. p. 214.

9

Dibdin’s “Reminiscences,” vol. i. p. 356 (note).

10

Bibliomania, Part V.

11

An annotated translation of Auctio Davisiana was published in “Book-Lore,” vol. iii. p. 166; vol. iv. p. 1. The translator possesses a copy formerly belonging to Bishop Wordsworth of Lincoln, in which is written, in a contemporary hand, ex dono Bibliopolæ Ric Davis.

12

Reliquiæ Hearnianæ, 1869, vol. ii. p. 172.

13

Leader Scott’s “Renaissance of Art in Italy,” 1883, p. 193.

14

“Letters from the Bodleian,” vol. i. p. 279 (note).

15

Putnam’s “Books and their Makers,” 1897, vol. i. p. 159.

16

Rogers’s “Agriculture and Prices,” vol. iv. pp. 509-604.

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