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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

Dunsmore sold in November 1679 the library of Sir Edward Bysshe, Clarenceux King at Arms, at his house, near the sign of the Woolpack, in Ivy Lane. This library was more varied in its character than many of those that were sold before it, and it contained a considerable amount of French, Italian, and Spanish literature, including some early editions of Molière. This catalogue is deserving of particular attention, because the books are described as “curiously bound and richly gilt.” Hitherto no mention had been made of bindings in the various catalogues. This attention to binding was to grow, and Thomas Hearne protested against it some years after. In his memoranda under date 15th February 1725-26 he wrote respecting the sale of John Bridges’ library: “I hear they go very high, being fair books in good condition, and most of them finely bound. This afternoon I was told of a gentleman of All Souls’ College (I suppose Dr. Clarke) that gave a commission of eight shillings for a Homer in two vols., a small 8vo, if not 12mo. But it went for six guineas. People are in love with good binding more than good reading.”33

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