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Bedtime Reading Fit for a Chancellor Doubles Expectations...

9th September 2020

Two leather bound books in our auction on September 8th struck a note of unusual contemporary relevance, 242 years after publication. The magnum opus of the celebrated Scottish economist and social theorist Adam Smith, `An Inquiry into the Nature and Causes of the Wealth of Nations` was published in 1778. “These two modest volumes expounded remarkably forward-thinking ideas about the role of work in determining a country’s wealth,” explains the firm’s Managing Director, Helen Carless. “This second edition of just 500 copies came from the collection of a Dorset gentleman and we were pleased to see that considerable pre-sale interest from dealers and collectors was likely to yield a strong price. In the midst of the current economic recession, the measured wisdom of Adam Smith clearly retains a great significance.” The books doubled expectations of £7000-9000 to make £17500

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5 stars

“Congratulations on what looked like a very successful sale ! You never mentioned that you did the auctioneering as well ... talk about doing the whole job ... see it into the building, find out what it is, decide if it’s for the Fine Art sale or the General Sale, lot it and describe it accordingly, and then sell it ... that really does count as seeing the job through from start to finish! Whilst the job isn’t over yet, it really is a case of so far, so good ... some items have sold for sums that exceeded our expectations, with one item in particular fetching a truly remarkable sum, so we’re very happy indeed... we’ve noted how accurate the guide prices are ... and how gratifying it is when the bidding goes sailing past the guide ! I found the whole week to be both gripping entertainment and pleasingly rewarding financially. Please accept my sincerest congratulations for a job well done, and we’ll look forward to the October and November Sales with bated breath ...”

Andrew P

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