News | November 18, 2024

The Federalist Essays Sold for $203,200

Freeman's Hindman

The Federalist

A 1788 first edition, thick paper copy of The Federalist has sold at Freeman’s | Hindman’s Fine Printed Books and Manuscripts, Including Americana auction for $203,200, the top lot of the $1.85m total sale. 

Written primarily by Alexander Hamilton with significant contributions from John Jay and James Madison, The Federalist essays (Lot 299) were instrumental in swaying public opinion during the ratification of the United States Constitution. The Freeman’s | Hindman’s auction featured a rare thick paper presentation copy, believed to have been owned by Captain David Olmstead, a Revolutionary War veteran who served at West Point and the Battle of Ridgefield. It is one of only seven to come to auction in the past 50 years and sold for more than triple its pre-sale estimate.

The sale also featured a selection of ornithological and natural history works, with eight John Gould monographs from a private collection. The standout was Gould’s A Monograph of the Trochilidae, or Family of Humming-Birds (Lot 234), which went fo $88,900. William Lewin’s The Birds of Great-Britain with their Eggs (Lot 243) from the same collection realized $41,275, four times its pre-sale low estimate.
 
Other highlights from the natural history category included:

  • John Gould's The Birds of Europe first edition sold for $63,500
  • Gould's A Monograph of the Ramphastidae second edition ($47,625)
  • John James Audubon's The Birds of America first octavo edition ($44,450)
  • a first edition of John Sibthorp's Flora Graeca ($21,590)
The Adventures of Tom Sawyer, 1876
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Freeman's Hindman

The Adventures of Tom Sawyer, 1876

The Phantom of the Opera
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Freeman's Hindman

The Phantom of the Opera

Vancouver's A Voyage of Discovery with atlas
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Freeman's Hindman

Vancouver's A Voyage of Discovery with atlas

Pencil Sketches of Montana
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Freeman's Hindman

Pencil Sketches of Montana

From the Library of Dr. John Talbot Gernon, the first issue of the American edition of Gaston Leroux’s The Phantom of the Opera (1911) with an exceptionally rare original dust jacket went for $20,320, well above its pre-sale estimate of $6,000 – $8,000. According to the auction house, this marked only the second time this particular dust jacket variant, depicting Christine staggering and swooning, has ever appeared at auction. Additionally, a copy of Samuel L. Clemens’ ('Mark Twain') The Adventures of Tom Sawyer (Lot 62) was sold for $41,275. A first edition of George Orwell’s Nineteen Eighty-Four (1949) (Lot 168) in a remarkably well-preserved dust jacket fetched $22,860.

Other auction highlights included:

  • Alfred Edward Mathews' Pencil Sketches of Montana, 1868 first edition, sold for $53,975
  • George Vancouver's A Voyage of Discovery to the North Pacific Ocean, and Round the World with atlas from 1798 ($22,860)
  • History of the Indian Tribes of North America by Thomas McKenney and James Hall, 1836-1844, first edition ($44,450)

Gretchen Hause, Senior Vice President and Head of the Books and Manuscripts Department, said: “The extraordinary success of this auction underscored the continuing strength of the rare book and manuscript market. The remarkable sale result for The Federalist, which far surpassed its estimate, reflects the enduring significance of the foundational works that shaped democracy in the United States. Similarly, the demand for superlative copies of beloved literary works remains very strong, with prices realized far surpassing their estimates, demonstrating that the timeless appeal of literary works continues to inspire and resonate with collectors."