(14) Finally, that extensive class of books known as early Americana have been steadily growing rarer, and rising in commercial value, since about the middle of the nineteenth century. Books and pamphlets relating to any part of the American continent or islands, the first voyages, discoveries, narratives or histories of those regions, which were hardly noted or cared for a century ago, are now eagerly sought by collectors for libraries both public and private. In this field, the keen competition of American Historical Societies, and of several great libraries, besides the ever increasing number of private collectors with large means, has notably enhanced the prices of all desirable and rare books. Nor do the many reprints which have appeared much affect the market value of the originals, or first editions.
This rise in prices, while far from uniform, and furnishing many examples of isolated extravagance, has been marked. Witness some examples. The "Bay Psalm Book," Cambridge, Mass., A. D. 1640, is the Caxton of New England, so rare that no perfect copy has been found for many years. In 1855, Henry Stevens had the singular good fortune to find this typographical gem sandwiched in an odd bundle of old hymn books, unknown to the auctioneers or catalogue, at a London book sale. Keeping his own counsel, he bid off the lot at nine shillings, completed an imperfection in the book, from another imperfect copy, had it bound in Bedford's best, and sold it to Mr. Lenox's library at £80. In 1868, Stevens sold another copy to George Brinley for 150 guineas, which was bought for $1,200 in 1878, by C. Vanderbilt, at the Brinley sale.
John Smith's folio "Historie of Virginia," 1st ed., 1624, large paper, was sold to Brinley in 1874 at $1,275, and re-sold in 1878 for $1,800 to Mr. Lenox. In 1884 a copy on large paper brought £605 at the Hamilton Library sale in London. In 1899, a perfect copy of the large paper edition was presented to the Library of Congress by Gen. W. B. Franklin. Perfect copies of Smith's Virginia of 1624 on small paper have sold for $1,000, and those wanting some maps at $70 to $150.
The earlier English tracts relating to Virginia and New England, printed between 1608 and 1700, command large prices: e. g., Lescarbot's New France, [Canada,] 1609, $50 to $150; Wood's New England's Prospect, 1635, $50 to $320; Hubbard's Present State of New England, Boston, 1677, $180 to $316.
It is curious to note, in contrast, the following record of prices at the sale of Dr. Bernard's Library in London, in 1686:
T. Morton's New England, 1615, eight pence; Lescarbot's New France, 1609, ten pence; Wood's New England's Prospect, 1635, and three others, 5 s. 8 d.; nine Eliot Tracts, &c., 5 s. 2 d.; Hubbard's Present State of New England, 1677, 1 s.; Smith's Historie of Virginia, 1624, 4 s. 2 d.
The numerous and now rare works of Increase and Cotton Mather, printed from 1667 to 1728, though mostly sermons, are collected by a sufficient number of libraries to maintain prices at from $4 to $25 each, according to condition. They number over 470 volumes.
Several collections have been attempted of Frankliniana, or works printed at Benjamin Franklin's press, and of the many editions of his writings, with all books concerning the illustrious printer-statesman of America. His "Poor Richard's Almanacs," printed by him from 1733 to 1758, and by successors to 1798, are so rare that Mr. P. L. Ford found a visit to three cities requisite to see all of them. The Library of Congress possesses thirty-five years of these issues.
A word may be added as to early newspapers, of some special numbers of which prices that are literally "fabulous" are recorded. There are many reprints afloat of the first American newspaper, and most librarians have frequent offers of the Ulster County, (N. Y.) Gazette of Jan. 10, 1800, in mourning for the death of Washington, a genuine copy of which is worth money, but the many spurious reprints (which include all those offered) are worth nothing.
Of many rare early books reprints or facsimiles are rife in the market, especially of those having but few leaves; these, however, are easily detected by an expert eye, and need deceive no one.
