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Henry B. Wheatley examines the historical fluctuations in the prices of books as an indicator of broader economic and intellectual development. The text analyzes how factors such as scarcity, mechanical innovation, and changing social values influence the market value of printed works over time.

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CHAPTER V AUCTION SALES IN THE SEVENTEENTH CENTURY

The fourth sale (25th May 1678) was occupied with the library of Thomas Manton (1620-77), one of the ministers appointed to wait upon Charles II. at Breda. It took place at the house of the late possessor, in King Street, Covent Garden. More English literature was included in this library than in the former three. The auctioneer was Cooper, and his preface is worth quoting. It will be seen that the plan of allowing an inspection of the books before the sale had now been adopted—

“Reader, we question not but that this manner of sale by way of auction is pretty well known to the Learned, nor can we doubt their encouragement for the advantage which they (as well as we) may in time reap thereby. Wherefore we are resolved (Deo volente) to make a fourth triall with the Library of Dr. Tho. Manton, which is not contemptible either for the Value, Condition, or Number, as will appear upon a sight thereof, which is free for any Gentleman that shall please to take that pains.”

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