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Twenty years later: revisiting an international event…
November 5, 2009 by TimHughes · 1 Comment
Those of us who may reluctantly fall into the category of the “middle aged” can reflect upon a number of historic events and our thoughts on when they happened. For me John F. Kennedy’s assassination and its announcement when I was in elementary school was the first major historic event I lived through, and experiences relating to it are still etched in my mind.
Some events seem impossible to be reaching notable anniversary status as they seem to have happened in the recent past. Man walking on the moon is one–it recently passed its 40th anniversary–and the Nixon/Watergate mess is now over 35 years in the past.
The fall of the Berlin Wall is now at it’s 20th anniversary. It seems impossible. I clearly recall the considerable news coverage of the event and the following actions that would lead to German unity less than one year after the walls came down. Back then I had a customer from Berlin and was able consummate a purchase of various Berlin newspapers covering those events, knowing that newspapers from where the news was being made would always be the best to have in a collection.
I recently dug out several titles and editions and share with you perhaps the best, being an “Extra” edition of “Der Tages Spiegel” (translates to “The Daily Mirror”) of November 10, 1989. The entire front page of this folio-size newspaper is taken up with a huge photo of people climbing onto, and celebrating, at the Berlin Wall with the Brandenburg Gate in the background. the banner headline–and the only text on the front page–translates: “The Night They Opened The Border In Berlin”. The remaining 3 pages of this four page newspaper are taken up with various articles and many photos of the celebration.
It was a joyous and memorable event for the world, and yes, it really was 20 years ago.
Some more prices, then and now…
October 6, 2009 by TimHughes · 1 Comment
Some months ago I reflected upon the value of newspapers we have sold years ago compared to more current values for the same title and event. Having published catalogs since 1977 it is interesting to pull out some of the early editions and see what we sold newspapers for many years ago.
Although we are careful to never recommend early or historic newspapers as investments, many have done well over the years. Not surprisingly, those which are most historic and less common have appreciated the best, while others—particularly titles which tend to come available from time to time—have appreciated but not at an exceptional pace. A few examples:
Within our catalogs created in 1980, twenty-nine years ago, are several entries which we still are able to keep in inventory such as “Harper’s Weekly” of July 22, 1876 with coverage of the Custer massacre. We sold it then for $32, and offer it today for $112. Using an inflation calculator the $32 would have inflated to $82.57 today. Also in “Harper’s Weekly” we sold Oct. 4, 1862 with a printing of the Emancipation Proclamation for $52 ($134.28 in today’s dollars), while today we sell it for $125. The same title for March 22, 1862 on the Monitor vs. the Merrimack sold then for $38 ($98.05 in today’s dollars) and for $113 today.
Although “Harper’s Weekly” remains a very desirable title and has most certainly become more scarce as the years have gone by, I would not consider it a rare title. Consequently some prices have exceeded inflation while some have not.
But somewhat less common titles, and more significant events, have had more interesting price changes. In 1980 we sold the “New York Tribune” of April 4, 1865 which reported the fall of Richmond and had a huge eagle engraving on the front page, for $48 ($123.85 in today’s dollars). Not long ago we sold the same issue for $477. And in 1980 we sold the “Gazette of the United States” of March 2, 1791 on the creation of the Bank of the United States, for $19 ($49.03 in today’s dollars) and a more recent sale was for $775.
Of courses naivete (or perhaps stupidity) was the reason for many low prices years ago. Back in the “early years” I simply didn’t have the experience of knowing how desirable some events would be for collectors. If I bought an item for $20 and sold it for $30 I was happy.
Pricing has become much more sophisticated the last ten years or so, but I’m sure we still offer some interesting gems of history at relatively low prices which will take on much greater desirability as the years progress. Part of the fun of the hobby is seeking them out.
Wrappers and no wrappers…
October 1, 2009 by TimHughes · 1 Comment
As regular customers have noticed, our only foray into the world of magazines is pretty much limited to 18th century titles. Magazine collecting of the 19th and 20th centuries is a world onto itself and there are many other dealers who make such items their specialty. I never felt a need to venture there.
Occasionally one will see our listings of magazines which note “with original wrappers” and perhaps wondered what this meant. Most magazines which were sold “on the street” came with a wrapper, or front and back cover, which was in addition to the typical title page of the magazine. Typically the wrapper would have a blue or blue-green tint. Some wrappers had a decorative embellishment and some had the table of contents. The reverse side of the front wrapper and both sides of the back wrapper commonly had advertisements, often for books or other publications offered by the printer.
But magazines with wrappers are rarely found. At least 98% of the 18th century magazines on the market today came from bound volumes. The volumes were created when libraries–whether personal or institutional–had an entire year’s edition of a title bound into book form for efficient storage & display on a bookcase. And many magazine publishers set aside extra copies of each month’s edition for binding and sale to patrons at the conclusion of each year. Since wrappers were considered superfluous they were almost always removed from the issues before being bound. The binding process also involved trimming the three exposed margins for a neater appearance. Consequently when loose issues became available to collectors centuries later through library deaccessionings, they were lacking the wrappers.
Those fortunate enough to find a magazine which survived the last several centuries without being bound may experience the great pleasure of having a magazine “as issued”, or with the wrappers intact and without the margins trimmed. Such find are quite rare.
I have discovered many over the course of the last 33 years, and have even had the pleasure to find an occasional bound volume of an 18th century title with the wrappers bound in, either with each of the monthly issues or grouped collectively at the back of the volume. Such wrappers would have trimmed margins, which is less then ideal, but wrappers with trimmed margins are far better than no wrappers at all. And perhaps in just one or two instances I encountered a volume with wrappers bound in and margins untrimmed.
In any case, magazines with wrappers intact are the goal for serious collectors of 18th century magazines. Not surprisingly such issues command a premium price, but their rarity also creates a high level of desirability.
Before they became famous…or “infamous”…
September 19, 2009 by TimHughes · 2 Comments
A special desire for many collectors is to find a newspaper mentioning a name which would not become famous for many years, such as the “Lincoln & Herndon” attorney advertisements from Springfield, Illinois in 1857, or a newspaper ad noting John Wilkes Booth appearing in a play in 1863.
The item shown in the photo fits this category, appearing on the front page of the “Detroit Free Press” in its November 1, 1959 newspaper. If a Kennedy assassination plot existed, the plans may have begun as early as…
What’s the best newspaper to have?
August 27, 2009 by TimHughes · 2 Comments
Most collectors of historic newspapers would agree that the best newspaper to have for an historic event is the city where it happened. Among the more notable would be the Boston Gazette reporting the Boston Massacre, the Honolulu issue on the bombing of Pearl Harbor, the Dallas newspapers on JFK’s assassination, and a Chicago newspaper covering the St. Valentine’s Day massacre. Stock market or finance related events are best in the Wall Street Journal, and when events happened in small towns which had no newspapers, the closest major city might be the next best thing.
But some events can’t be had—or can very rarely be had—from the city where “it” happened. What are the best issue in those situations? What’s the best issue for man landing on the moon? Or the atomic bomb dropping on Hiroshima & Nagasaki? Or the first manned flight around the earth? Or the discovery of the North Pole? Or Edison’s invention of the phonograph? What would be the best newspaper for the sinking of the Titanic?
There are many answers; perhaps as many as there are collectors. But I’ll offer a few thoughts. Actually what brought all of this to mind was an issue I recently wrote up for a future catalog. It announced the dropping of the atomic bomb on Hiroshima and was from Knoxville, Tennessee. The headline reads: “Power Of Oak Ridge Atomic Bomb Hits Japs”. Keeping in mind that Oak Ridge, Tenn., the home of the Manhattan Project which developed the bomb, is less than 20 miles from Knoxville, it is not surprising that they localized the headline with mention of the role Oak Ridge played. I suspect no other newspaper in the country mentioned Oak Ridge in their headline on the atomic bomb drop. Outside of finding a Japanese newspaper from the day after, I suspect this Knoxville newspaper could be the best issue on this event.
Any space flight issue might best be from the Cape Canaveral area. Or perhaps the hometown of one of the astronauts involved. We offer a Wapakoneta, Ohio, newspaper on man walking on the moon as it’s Neil Armstrong’s hometown, and their headline is localized by: “NEIL STEPS ON THE MOON” while most newspapers reported “MAN WALKS ON THE MOON”.
The graphic appeal of the front page is a major factor as well and in the eye of many is always the deciding factor in determining the “best” for that event. We price Titanic issues almost entirely on the “wow” effect of the front page, as the larger the headline and more dramatic the look the better, regardless of where the newspaper was printed. This holds true for many 20th century events, such as D-Day, V-E Day, V-J Day and and any other military event. Some might argue that the “Stars And Stripes” would be the best paper for a military event, or perhaps newspaper from Washington D.C., home of the Pentagon.
We’d like to hear what you think on the best issues for historic events which can’t be found from the city involved. I’m sure your thoughts will spark other collectors to refine their holdings with better or more appropriate newspapers for notable events. Let us here from you!
Not quite a portable hairdryer…
August 15, 2009 by TimHughes · 1 Comment
So how would you like to pack this hairdryer in the suitcase for a weekend trip? It might have been a great devise in 1900 but I’m sure it didn’t travel well. This ad appeared in the “Ladies’ Home Journal” issue of August, 1900.
More on the time lag in news reporting…
August 10, 2009 by TimHughes · 2 Comments
Some weeks ago I commented on the time lag between a news event and its appearance in newspapers of the day, focusing on the publication dates of the Declaration of Independence in various newspapers.
Because time lag is a major factor in looking for news reports prior to the use of the telegraph in the mid-19th century, I thought more discussion should be given to the issue. Again I turn to Brigham’s “Journals and Journeymen” for much valuable information.
Obviously the delay in receiving news of world events was beyond the control of newspaper publishers. The news of the death of Queen Anne on August 1, 1714 arrived in America on September 15. George I died June 14, 1727 but his subjects in America did not learn of it until August 13. George II died October 25, 1760 and it was two months later before the news arrived at Boston. Even the significance of the Treaty of Versailles at Paris which ended the Revolutionary War was first heard of at Boston on October 22 and not published in a newspaper until October 30 despite the event happening on September 3.
Ocean travel was dangerous & speed was dependent on the weather. Foreign wars & privateering also made voyages quite hazardous. The first issue of the “Boston News-Letter” of April 24, 1704 carried London reports of December 20, 1703. It was common for ships to load their passengers & their London newspapers and then wait around in the Channel for up to 3 weeks or more before sailing. During the first two years of newspaper publication there were exceptional voyages of five weeks, but the average was about two months.
After the Revolution & before 1820 merchants began building larger vessels which meant improved speed. In 1820 there were frequent sailings of 28 to 30 days, but there was no dependable time schedule.
Noting the diaries of some famous travelers we gain some insight. In 1722 Samuel Johnson traveled from Boston to England in 39 days. Benjamin Franklin in returning from England to Philadelphia in 1726 did so in 67 days. William Beverley sailed from Virginia to Liverpool in 37 days. Abigail Adams, whose story of a voyage is one of the most detailed on record, sailed from America to England in 30 days in 1784.
Postriders took a week to travel from New York to Boston, and at least two days from Philadelphia to New York. When stagecoaches came into use around 1785, the delivery of letters & newspapers was quicker & more consistent.
But by the establishment of the magnetic telegraph in 1844 and the laying of the Atlantic cable in 1858 (but not perfected until 1866) news was transmitteed from country to country instantaneously.
Rare newspaper prices from 60 years ago…
July 30, 2009 by TimHughes · 2 Comments
While cleaning out some files at home I came across a little catalog of “American Newspapers 1732 – 1890” offered for sale by Stephen Nagy of Philadelphia. The back page has various items noting the date of the catalog as 1948.
The photos show some interesting prices. Some may not be shown in the photos but I noticed a Confederate issue of the “Norfolk Bulletin” of 1864 for $1.25; the “Daily Hawaiian Herald” of 1866 for $3; a colonial issue of the “Pennsylvania Chronicle” of Phila., 1768 for $7.50; a ‘Phila. Inquirer” with a first report of Lincoln’s assassination for $3; the very desirable “Inquirer” of April 25, 1865 with the full pg. illustration of Lincoln’s remains in Independence Hall for $4; and a wide selection of “Dunlap’s American Daily Advertiser“, Phila., from 1796 and 1797 for $1 each.
We’ve never promoted the investment potential of rare newspapers but rather encourage the collecting of historic issues for enjoyment & personal pleasure, but this catalog from the past does give evidence of the considerable variance in prices from 61 years ago. Additional images of this early newspapers catalog may be found at: American Newspapers (1732-1890) Catalog – 1948.
Baseball fans… can you help?
May 11, 2009 by TimHughes · Leave a Comment
A customer was requesting a newspaper with a report of Nap LaJoie, one of the more notable names in baseball in the early 20th century, ending the 1901 season with a .422 batting average. He was one of only a few to do so in the 20th century (there’s been a 67 year dry spell since Ted Williams was the last to do so, in 1941).
Finding reports of batting averages in 1901 is very difficult, but I did find a report at the end of the season which notes: “Lajoie…took part in 131 games. He was at bat 554 times, made 226 singles, 48 doubles 12 triples and 13 home runs…”.
Never mind that the numbers are slightly off from the official record book, which notes 543 games, 229 singles, 48 doubles (only one correct), 13 triples and 14 homers, as such errors might be understandable. But even given the accurate numbers, in calculating his average one comes up with a sum of 304 successful at bats, divided by the number of games (543) giving an average of .560. But curiously, if you just took his 229 singles divided by 543 the result is exactly his recorded batting average: .4217, rounded out to .422.
Should I surmise that the term “singles” actually means “hits” by today’s terminology ? Was this the common practice back then, to call any type of “hit” a “single”? If so, when did they make the switch?
Thanks for your help !
Tim
The first newspaper in Utah…
February 23, 2009 by TimHughes · 2 Comments
There was a great migration to the West in 1847, just two years before a more historic wave of travelers prompted by the California gold rush, when about 2000 Mormons crossed the western plains seeking a location in which they could peacefully follow their religion. Led by Brigham Young, among the many items they included on their journey was a printing press purchased in Philadelphia.
What is now Utah belonged to Mexico in 1847 but the Mexican War, ongoing in 1847, would result in the 1848 treaty which would pass ownership to the United States. But since federal authorities never established a system of government for this new land, the Mormons took matters into their own hands and in 1849 organized the “State of Deseret” (land of the honey bee) with Brigham Young as governor.
Volume one, number one of the DESERET NEWS newspaper, an eight page newspaper just 8 by 10 1/2 inches, appeared in Salt Lake on June 15, 1850 making it the very first newspaper published in Utah. It printed for just over one year before it was suspended for several months for lack of paper. Begun as a weekly, after just four months it became a semimonthly but returned as a weekly in 1854. Conditions for printing were harsh and crude so far from the more settled areas of the country over 1000 miles to the east.
We are pleased to share with our collectors the August 17, 1850 issue of the DESERET NEWS from our private collection, just the tenth number printed.