The sales at Sotheby’s in 1896 which realised £2000 and upwards were those of John Tudor Frere, £3747; Sir W. Pole, £4343; Adrian Hope, £3551; Lord Coleridge, £2845; Sir Thomas Phillipps (MSS.), £6988; Sir E. H. Bunbury, £2965, Lord Bateman, £2151; Alfred Crampton, £2492; fine bindings of a collector, £3613; books and MSS. from various collections, £8554.
The chief sales at Sotheby’s in 1897 have been as follows:—Sir Charles Stewart Forbes and others, five days, £5146; Beresford R. Heaton and others, three days, £4054; Sir Cecil Domville and others, four days, £5289.
The great sales, however, of 1897 were those of the first and second portions of the library of the Earl of Ashburnham. In the first part 1683 lots were sold for £30,151, and in the second part 1208 lots for £18,649.
It is worthy of notice in the above list that the amounts realised for the Heber and Sunderland sales were almost identical, while the totals of the Hamilton Palace libraries were larger than those for any other English sale, viz., £86,543 (Beckford, £73,551; Duke of Hamilton, £12,892).
In these totals the sales of booksellers’ stocks have not been recorded, because they do not sell so well as private libraries, owing to a rather absurd impression in the minds of buyers that the rarer books would have sold out at the shops had they been of special value; but it may be noted here that the stock of Messrs. Payne & Foss was sold in three portions in 1850 for £8645 (certainly much less than its worth) by Sotheby, who sold in 1868-70-72 Mr. Henry G. Bonn’s stock, in three parts, for £13,333, and Mr. Lilly’s in 1871 and 1873, in five parts, for £13,080. In 1873 Mr. T. H. Lacy’s stock of theatrical portraits and books were sold at Sotheby’s for £5157.
Mr. F. S. Ellis’s stock was sold in November 1885 for £15,996, and Mr. Toovey’s in February 1893 for £7090. The latter’s sporting books realised £1031.
It is very much the fashion now to average the amounts realised at auctions, and to point out that at such a sale the amount obtained was about £10 or more per lot. This is a useful generalisation so far as it goes, but further information is required to enable the reader to obtain a correct idea of value. The generalisation is useful in regard to a mass of sales; thus we may say broadly, that in the last century the ordinary large and good libraries averaged about £1 per lot, while in the present century they average at least £2 per lot.