How earn $10 million from one book as John James Audubon's

News cover How earn  $10 million  from one book as  John James Audubon's
09 Dec 2010 01:36:49 1. You must be a good artist
2. You should know all Birds of America
3. You should make a huge book with 435 hand-colored illustrations
Do you still want this money?
With its 435 hand-colored illustrations of birds drawn to size, the volume is one of the best preserved editions of Audubon's 19th-century masterpiece. The sale at Sotheby's auction house had been anticipated for months by wealthy collectors.
The book sold for $10,270,000 (6.5 million pounds) to an anonymous collector bidding by telephone, the auction house said.
Because each picture is so valuable, there have been fears the volume will be broken up and sold as separate works of art. However, experts believe that's unlikely. The tome is probably more valuable intact. And collectors hold Audubon in such reverence that the notion of ripping apart a perfect copy would be akin to sacrilege.
"Audubon's 'Birds' holds a special place in the rare book market," said Heather O'Donnell, a specialist with Bauman Rare Books in New York. "The book is a major original contribution to the study of natural history in the New World."
"It's also one of the most visually stunning books in the history of print: The scale of the images, the originality of each composition, the brilliance of the hand coloring."
Then there's the wow factor.
"No one can rival John James Audubon for frontier glamour," O'Donnell said. "The story of his lonely journey through the American wilderness and his struggle to record what he saw there gives the 'Birds' a resonance that no other book can match."
Part naturalist and part artist, Audubon possessed an unequaled ability to observe, catalog and paint the birds he observed in the wild. Experts say his book, originally published in 1827, is unmatched in its beauty and is also of considerable scientific value, justifying its stratospheric price tag.
Pom Harrington, owner of the Peter Harrington rare book firm in London, said it has been 10 years since the last complete edition of "Birds of America" was auctioned, going for a then-record $8.8 million.
He said it is unusual to find a copy not in a museum or academic institution.
"If you want to buy an example of a rare work of art, this is one of the best," he said. "It is valuable in its artistic nature because it is so well drawn."
He said other historic books — such as an excellent example of a Gutenberg Bible — would likely be valued even higher if they came up for sale.
Harrington estimated that a complete Gutenberg Bible in good condition would probably sell for between $30 million and $50 million, but none has been sold in more than 30 years. In recent years, he said, a complete First Folio of Shakespeare's works sold at auction for about $5.6 million while a Chaucer collection sold for more than $4 million.
 

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