77

DELUXE LEATHERBOUND CLAPP ON 1798–99 CENTS EX RAYMOND

Currency:USD Category:Coins & Paper Money Start Price:5,000.00 USD Estimated At:7,500.00 - 7,500.00 USD
DELUXE LEATHERBOUND CLAPP ON 1798–99 CENTS EX RAYMOND
SOLD
8,500.00USDto d*****4+ (1,487.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2014 May 15 @ 13:03UTC-4 : AST/EDT
A buyer’s premium of 17.5% will be added to the cost of all lots purchased. See shipping info and full terms.
Clapp, George H. THE UNITED STATES CENTS OF THE YEARS 1798–1799. Sewickley, 1931. 4to [31 by 24 cm], original black pebbled full morocco over thin boards; spine and upper cover lettered in gilt; both covers paneled in decorative blind. 64 pages; title printed in red and black; 2 very fine photographic plates of coins, each with the original translucent protective leaf. Annotated throughout in pencil, apparently by the author. Only light peripheral wear; near fine. The DeLuxe Leatherbound Edition. Copy No. 6. Inscribed on title: “Wayte Raymond with my compliments (signed) George H. Clapp 2/9/45.” Apparently the fifth example to come to market in the modern era. The original printer’s quote called for “125 Copies of the Regular Linen Edition” and “10 DeLuxe Edition on Full Morocco Leather.” The final invoice, however, was for 126 linen and only 9 leather copies. Nonetheless, it appears that ten leather-bound examples were actually issued; perhaps the author’s copy was gratis, or a copy was invoiced separately. Charles Davis reasonably opines that deluxe copies Nos. 1–3, were reserved for Clapp, Newcomb and Hines respectively [Hines’s copy, sold in the 2004 Ford Library sale, was indeed No. 3]; No. 4 was presented to James Macallister; No. 6 [the present copy] was presented to Wayte Raymond; No. 7 was sold in the March 23, 1995 Davis/Bowers sale of the Champa library (where Davis made the foregoing observation); No. 8, H.A. Sternberg’s copy, was sold in the June 1, 1990 Kolbe Adams sale; No. 9 was offered in Kolbe Sale 107; and No. 10 resides in the American Numismatic Society Library. The absence of copy No. 5 from our census, coupled with the strangely late presentation date on this copy, raises some questions. If Jim Macallister was presented copy No. 4, it would seem obvious that Raymond (his business partner in the Morgenthau enterprise) would receive No. 5. None of the copies from 7 to 10 include presentation inscriptions. Could copy No. 6 be a replacement for Raymond’s original No. 5? If so, what became of it? This copy is dated Feb. 9, 1945: the day after the Morgenthau Newcomb I sale, strongly implying it was personally presented to Raymond by Clapp, who almost certainly would have attended the sale. This handsome production and Newcomb’s 1925 work before it set a new standard. Carefully written, painstakingly researched and wonderfully illustrated, they eclipsed all previous efforts. One of the founders and president of Aluminum Company of America, Clapp’s motives in publishing this finely produced work were clearly altruistic. In an April 16, 1932 letter (lot 192 in our 1993 ANA sale) to Michael Powills, he reveals the reasons he issued it. Written in response to Powills’s request for a “review” copy of the book, it reads in part: “Yours is the fourth request I have had for free copies of my book, three from reviewers and one from a dealer, and I really do not feel that I can comply. The books have cost me in actual cash outlay more than double what I am asking for them and I am putting in my own time, of many months, at nothing. It was a ‘labor of love’, but still I feel entitled to at least a return of part of the cash. There is no doubt but what I was foolish in putting out the book in such an expensive form, but I took a pride in my work and wanted it to be a credit to the subject, so hunted up the best printer that I could find and told him to do his best.” The annotations mostly record the grades of coins in the annotator’s collection; as they correspond to the coins depicted on the plates that were owned by Clapp (a key is provided to the owners of the plate coins), and also correspond to coins listed as having belonged to Clapp in the Del Bland census, it seems most probable that these notes were made by the author. A rare opportunity.