Rare Book Monthly

Articles - January - 2015 Issue

Is This Writer's Archive Too Valuable to Mention Its Price?

Gabriel Garcia Marquez.

Has the value of archives of notable writers become so great that buyers no longer dare speak their cost, for fear of driving up future prices to even more outrageous levels? It would seem so, at least that is the fear at the University of Texas' library. Library officials have petitioned the state to keep the price of a recently purchased writer's archive secret from public records scrutiny for precisely that reason.

 

A few weeks ago, the Harry Ransom Center of the University of Texas announced that it had acquired the archives of Latin American writer Gabriel Garcia Marquez. Marquez, born in Columbia, but spending most of his career in Mexico, is without question one of the greatest Latin writers of the twentieth century. His most well known work is One Hundred Years of Solitude, the tracking of a family through generations covering 100 years, but there are several other important works to his name. Marquez certainly had his misgivings about the United States, as do many from that side of the border who have not always appreciated American involvement in their nations' affairs. Nonetheless, when it came time for Marquez' family to find a repository for Marquez' work, letters, manuscripts, drafts, reams of material from a lifetime, they chose the University of Texas.

 

Perhaps the choice is not so surprising. Maybe it was a simple financial choice by the family. The University of Texas' secretiveness over the price does not imply they got a bargain. However, there may have been more than just Yankee dollars in mind when the Marquez family made its choice. The Ransom Center already holds archives of major writers, such as Eliot, Hemingway, Shaw, Steinbeck, and Argentine writer Jorge Luis Borges. The critical factor here may have been care and security rather than money. The United States is more stable than most of its neighbors, and few Latin libraries may be in as secure a position to guarantee the long term preservation of these papers like the University of Texas. Preservation has to have been a critical element in the Marquez family decision, and it is doubtful they could have made a more secure one, especially in a location so close to, or with so much shared history with Mexico.

 

A couple of weeks later, the AP put in a public records request to learn the price the university had paid for the archive. Officials were no longer so talkative. They have asked the Texas Attorney General for an exemption from publicly releasing the purchase price. The university's explanation was that revealing the price would drive up the cost of future archives. A university spokesman was quoted as saying, “Sellers routinely look for a precedent-setting price so they can set increasingly higher prices that hurt the university, and hurt the taxpayers who help fund the university.”

 

The logic seems a bit strange to us. It almost sounds as if they believe they overpaid. Clearly, this archive was not cheap. Past purchases would imply the cost was in seven figures, though how far into them I would not care to speculate. Transparency works both ways, as likely to hold prices down as move them up, unless their belief is that they overpaid. Whatever the University of Texas paid for this archive, the next one will be priced according to the market at that time, and barring other considerations will go to the highest bidder, be it relatively higher or lower than what UT paid for the Marquez archive.

 

Perhaps there is another consideration here, that Texans may understand. A few blocks down the street from the University of Texas is the Texas state legislature. Not all of its members are terribly enlightened. Almost assuredly, some have no clue who Gabriel Garcia Marquez was, but they do know what a million dollars is, and they won't like the government spending taxpayer dollars on the archive of some writer who wasn't even a Texan. This might even make for good politics. The University of Texas, and undoubtedly universities in other states, sometimes have to tread lightly on their legislatures if they are to carry out their mission of education and enlightenment. If I were running the Ransom library, I would be more concerned about the legislature than the next archive seller.

Rare Book Monthly

  • Leland Little, Apr. 26: First Edition of Piccolomini's De La Sfera del Mondo (The Sphere of the World), 1540.
    Leland Little, Apr. 26: First Edition of Vellutello's Commentary on Petrarch, With Map, 1525.
    Leland Little, Apr. 26: Finely Bound Definitive, Illustrated Edition of I Promessi Sposi, 1840.
    Leland Little, Apr. 26: Rare First Edition of John Milton's Latin Correspondence, 1674.
    Leland Little, Apr. 26: Giolito's Edition of Boccaccio's The Decamerone, with Bedford Binding, 1542.
    Leland Little, Apr. 26: First Edition of the First Biography of Marie of the Incarnation, with Rare Portrait, 1677.
    Leland Little, Apr. 26: First Aldine Edition of Volume One of Cicero's Orationes, 1540.
    Leland Little, Apr. 26: First Edition of Bonanni's Illustrated Costume Catalogue, with Complete Plates, 1711.
    Leland Little, Apr. 26: An Important Incunable, the First Italian Edition of Josephus's De Bello Judaico, 1480.
    Leland Little, Apr. 26: First Edition of Jacques Philippe d'Orville's Illustrated Book of the Ruins of Sicily, 1764.
    Leland Little, Apr. 26: An Incunable from 1487, The Contemplative Life, with Early Manuscript.
    Leland Little, Apr. 26: Ignatius of Loyola's Exercitia Spiritualia, 1563.
  • Jeschke Jadi
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    Jeschke Jádi, Apr. 27: Lot 546. Christoph Jacob Trew. Plantae selectae, 1750-1773.
    Jeschke Jádi, Apr. 27: Lot 70. Thomas Murner. Die Narren beschwerung. 1558.
    Jeschke Jádi, Apr. 27: Lot 621. Michael Bernhard Valentini. Museum Museorum, 1714.
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    Jeschke Jádi, Apr. 27: Lot 545. Sander Reichenbachia. Orchids illustrated and described, 1888-1894.
    Jeschke Jádi, Apr. 27: Lot 1018. Marinetti, Boccioni, Pratella Futurism - Comprehensive collection of 35 Futurist manifestos, some of them exceptionally rare. 1909-1933.
    Jeschke Jádi, Apr. 27: Lot 634. August Johann Rösel von Rosenhof. 3 Original Drawings, around 1740.
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    Jeschke Jádi, Apr. 27: Lot 671. Jacob / Picasso. Chronique des Temps, 1956.
    Jeschke Jádi, Apr. 27: Lot 1260. Mary Webb. Sarn. 1948. Lucie Weill Art Deco Binding.
    Jeschke Jádi, Apr. 27: Lot 508. Felix Bonfils. 108 large-format photographs of Syria and Palestine.
    Jeschke Jadi
    Auction 151
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    Jeschke Jádi, Apr. 27: Lot 967. Dante Aligheri and Salvador Dali. Divina Commedia, 1963.
    Jeschke Jádi, Apr. 27: Lot 1316. Tolouse-Lautrec. Dessinateur. Duhayon binding, 1948.
    Jeschke Jádi, Apr. 27: Lot 1303. Regards sur Paris. Braque, Picasso, Masson, 1962.
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    Fonsie Mealy, Apr. 24: McCarthy (Cormac). Cities of the Plain, N.Y., 1998, First Edn., signed on hf. title; together with Uncorrected Proof and Uncorrected Advance Reading Copies, both signed by the Author. €800 to €1,000.
    Fonsie Mealy, Apr. 24: Stanihurst (Richard). De Rebus in Hibernia Gestis, Libri Quattuor, sm. 4to Antwerp (Christi. Plantium) 1584. First Edn. €525 to €750.
    Fonsie Mealy, Apr. 24: Fleischer (Nat.) Jack Dempsey The Idol of Fistiana, An Intimate Narrative, N.Y., 1929, First Edn. Signed on f.e.p. by Rocky Marciano. €400 to €600.
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    Fonsie Mealy, Apr. 24: Smith - Classical Atlas, Lond., 1820. Bound with, Smiths New General Atlas .. Principal Empires, Kingdoms, & States throughout the World, Lond. 1822. €350 to €500.
    Fonsie Mealy, Apr. 24: Rare Auction Catalogues – 1856: Bindon Blood, of Ennis, Co. Clare: Sotheby & Wilkinson. €320 to €450.
    Fonsie Mealy, Apr. 24: [Mavor (Wm.)] A General Collection of Voyages and Travels from the Discovery of America to the Commencement of the Nineteenth Century, 28 vols. (complete) Lond., 1810. €300 to €400.
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    Fonsie Mealy, Apr. 24: Mc Carthy (Cormac). Outer Dark, N.Y. (Random House)1968, Signed by Mc Carthy. €250 to €300.
    Fonsie Mealy, Apr. 24: Three signed works by Ted Huges - Wodwo, 1967; Crow from the Life and Songs of the Crow, 1970; and Tales from Ovid, 1997. €200 to €300.
    Fonsie Mealy, Apr. 24: The Garden. An Illustrated Weekly Journal of Horticulture in all its Branches, 7 vols. lg. 4to Lond. 1877-1880. With 127 colored plates. €200 to €300.
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    Fonsie Mealy, Apr. 24: Procter (Richard A.) Saturn and its System: Containing Discussions of The Motion (Real and Apparent)…, Lond. 1865. First Edn. €160 to €220.
    Fonsie Mealy, Apr. 24: [Ashe] St. George, Lord Bishop of Clogher, A Sermon Preached to the Protestants of Ireland, now in London,... Oct. 23, 1712, London 1712. Second Edn. €130 to €180.
  • Potter & Potter Auctions
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    Potter & Potter, Apr. 18: [RUTH, George Herman “Babe” (1895-1948)]. Signed photograph. Circa 1930s. 191 x 248 mm. $1,500 to $2,500.
    Potter & Potter, Apr. 18: HARRISON, Benjamin. Document signed (“Benj Harrison”) as governor of Virginia, certifying the service of Daniel Cumbo, a Black Revolutionary soldier. $6,000 to $9,000.
    Potter & Potter, Apr. 18: ONE OF THE FIRST PRINTED ANNOUNCEMENTS OF THE DECLARATION OF INDEPENDENCE. $4,000 to $6,000.
    Potter & Potter Auctions
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    Potter & Potter, Apr. 18: FIRST PRINTING OF LINCOLN’S IMMORTAL GETTYSBURG ADDRESS. $4,000 to $6,000.
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    Potter & Potter, Apr. 18: EDISON, Thomas. Patent for Edison’s Improvements on the Electric-Light, No. 219,628. [Washington, D.C.: U.S. Patent Office], 16 September 1879. $2,000 to $3,000.
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