In these totals the sales of booksellers’ stocks have not been recorded, because they do not sell so well as private libraries, owing to a rather absurd impression in the minds of buyers that the rarer books would have sold out at the shops had they been of special value; but it may be noted here that the stock of Messrs. Payne & Foss was sold in three portions in 1850 for £8645 (certainly much less than its worth) by Sotheby, who sold in 1868-70-72 Mr. Henry G. Bonn’s stock, in three parts, for £13,333, and Mr. Lilly’s in 1871 and 1873, in five parts, for £13,080. In 1873 Mr. T. H. Lacy’s stock of theatrical portraits and books were sold at Sotheby’s for £5157.
Mr. F. S. Ellis’s stock was sold in November 1885 for £15,996, and Mr. Toovey’s in February 1893 for £7090. The latter’s sporting books realised £1031.
It is very much the fashion now to average the amounts realised at auctions, and to point out that at such a sale the amount obtained was about £10 or more per lot. This is a