Prices of Books: An Inquiry into the Changes in the Price of Books which have occurred in England at different PeriodsWheatley, Henry B. (Henry Benjamin)
History
Prices of Books: An Inquiry into the Changes in the Price of Books which have occurred in England at different Periods
Wheatley, Henry B. (Henry Benjamin)
Books -- Prices -- History
When auctions were first started conditions of sale were formulated, and
with the exception of a little elaboration, they remain pretty much what
they were at first; but there were certain peculiarities which are
worthy of mention.
The catalogues were not at first divided into day’s sales, but as many
lots as possible were sold in the time fixed for the sale. The hours
were usually from nine to twelve, and from two to six. Sometimes the
sales only took place in the evening. In 1681 we learn that an average
sale of 544 lots in a day was considered satisfactory. In the Conditions
of Sale printed in the Catalogue of Seaman’s library we read--
“That the Auction will begin the 31st of October at the Deceased
D^r’s house in Warwick Court in Warwick Lane punctually at nine Of
the Clock in the morning and two in the afternoon, and this to
continue daily until all the books be sold.”
The early hour was found a disadvantage, and books often sold for low
prices at the beginning of sales, so that Cooper was forced to make a
rule that the sale should not be commenced unless there were twenty
present. At this time biddings of a penny were common.
Two great evils came to light on the first institution of auctions; one
was due to the buyers, and the other to the auctioneers. It was found
that in cases where the buyer thought he had given more for a book than
was wise, he often forgot to pay and fetch away the books. Millington
refers specially to this in 1681--
“I question not but the well disposed, and the Learned will give us
such incouragement in the Sale by Bidding in some measure to the
value of the Books so exposed, as may further incourage and keep on
foot such a commendable and serviceable a way of sale (as this of
Auction is) to the great purposes of promoting Learning and
Knowledge. Which, when I consider, I cannot but wonder that so many
persons have appeared at our auctions, and buy with a great freedom
to the injury of others (that are truly conscientious to pay for,
and fetch away the Books so bought); yet in most auctions have
hitherto neglected to fetch away and pay for their own. To the end
therefore that they may know, we will not be damaged after so great
expences, as inevitably attends the management of an auction; we do
intend to prosecute them according to the law if forthwith they do
not send for their books, or give us some reasonable satisfaction.
To prevent any abuses for the future that may happen to other
gentlemen who suffer by this unhandsome practice (of having Books
bought out of their hands by persons that never will, or perhaps
never designed to fetch them away), we shall, at a convenient time,
for the further satisfaction of gentlemen, give an account of their
names, and desire their absence if any of them happen to be
present.”[44]
Public-domain text, read in full here on John Shaqi.
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