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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

Smith was one of the earliest collectors of Caxtons, and eleven books produced by our first printer sold for £3, 4s. 2d. at his sale. But one of the greatest points of interest connected with Smith’s library is that it included the books of Humphrey Dyson, collected at a much earlier date. Hearne notes in his “Collections”—

“That Mr. Rich. Smith’s rare and curious collection of books was began first by Mr. Humphrey Dyson, a publick notary, living in the Poultry. They came to Mr. Smith by marriage. This is the same Humphrey Dyson that assisted Howes in his continuation of Stow’s ‘Survey of London,’ ed. folio.”

Under date 4th September 1715 Hearne says—

“Mr. Richard Smith’s Catalogue that is printed contains a very noble and very extraordinary collection of books. It was begun first in the time of King Hen. VIII., and comeing to Mr. Smith, he was so very diligent and exact in continueing

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