Bill
Gates, a person instrumental in enabling our daily communications today, a
person who has changed humanity’s reading habits, who has shifted the modes of
librarianship, is the owner of the most valuable book in the world. We pay each
day through his gates, so he can sign the bill. The bill was U$30,802,500 for
Leonardo da Vinci’s manuscript known as Codex Leicester. The elite book market
is no different from the art market, or the purchase of vast property. Leonardo
did not produce his book to make megabucks. His purpose was intellectual
enquiry and, at least in these terms, he and Bill share an interest. It remains
to be seen if Bill will end his life banished from the kingdom he served so well.
In truth, it is meaningless to speak of book value in this moneyed way. There are
dozens of books of more historic significance than Leonardo’s, protected by
governments and institutions that will never think of selling them. Their value
is greater than rubies, while tomorrow the market could add to its insider
conversation by selling a book to out-trump Gates. Stop Press. Chinese billionaire
Wang Zhongjun has purchased a letter by the 11th-century scholar Zeng
Gong for U$31,730,000. It consists of a sheet of paper, so not a book, as such.
End of Transcript. Where were we? The Gates bill reminds us of the high end of
the second-hand book trade, that world where contents and authorial purpose
have been forgotten in pursuit of large returns, populated with collectors who
see books as gold ingots. The reasons for a title’s fame have become lost, leaving
simply the criteria for a high price, depending on author, publication date,
binding and other variables. Oh, sorry, just got a text message. The original printer’s
manuscript of John Smith’s ‘Book of Mormon’ has been bought for U$35,000,000 by
the Church of Jesus Christ of Latter-day Saints’. Thank you, but not a book, as
such. Meanwhile the rest of us like to keep it personal, economical even. Our
most valuable books stay on our shelves and usually have minimal market impact.
They do not reside inside unreachable locked cabinets, or in display cases for
the admiration of those who know the price of everything and the value of
nothing. For example: 1. ‘The Magic Pudding’ by Norman Lindsay, given to me by
my grandmother on my tenth birthday, is amongst the most valuable of my
childhood books (pictured). Reading is not a priority with the characters, who
spend all their time battling for possession of an ill-mannered pudding. 2. ‘A
Certain World’, W.H. Auden’s commonplace book collected near the end of his
life, is browsed each year at random. Thought by many to be his idea of an
autobiography, it reminds me of university days with friends who argued over
Auden. 3. ‘The Art of Living’ (1949), the earliest of many art books by the New
York artist Saul Steinberg (pictured) that have come my way, like my
collections of other favourite book artists like Maurice Sendak and Ronald
Searle. Fortunately, there is no need to downsize my home library of its
thousands. If I ever did, these three books would be on the list of the last
hundred. Some people describe such possessiveness as sentiment; however,
sentimental value is a residual factor. The real reasons have to do with
personal identity, a lifetime’s knowledge, the circling of memory, connection
with others through time, namely family and friends, our human world and the authors
themselves. This book rather than that book is a choice we make all the time,
adding thereby to their unquantifiable value.
Wednesday, 14 July 2021
An Exhibition of Superlative Books: The Most Valuable Book in the World
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