Isidoro Fernandez's library auctions with great results


2015-06-26 13:12:24


Isidoro Fernandez's library auctions with great results

Arfe first edition leads the auction of Isidoro Fernandez's library, bringing 167% increase on estimate

Isidoro Fernandez's remarkable library of rare books and manuscripts crossed the block at Christie's London yesterday (March 20), bringing strong results.

Isidoro Fernandezs library auctionsJuan de Arfes practical and theoretic text was intended to be used as a guide by fellow metal workers it came out top lot

A 1572 first edition by Spanish goldsmith Juan de Arfe led the sale, selling for 40,000 ($60,360) - a 166.6% increase on its 15,000 top estimate. The work, which focuses on metallurgy, was designed to be used for reference by artists and artisans.

A first French edition of Thomas More's celebrated La Description de l'Isle d'Utopie (1550) also exceeded its high estimate, selling for 17,500 ($26,408), while a rare translation of Marco Polo's famed travel diaries from 1601 brought 15,000 ($22,635).

Collections are often amassed for pleasure, not profit. Yet substantial price increases suggest we ought to think about collectibles in terms of investment as well as enjoyment.

Isidoro Fernandez (1887-1963), a Bilbao-born businessman who spent the latter part of his life in London, has been described as "a very private man" by his granddaughter Elisa, who comments that he inspired "respect, but not fear."

Elisa states: "My grandfather was a man who only had a very basic education, yet could run a successful toy wholesale business, teach himself French and slowly develop a sophisticated taste in books."

Here at Paul Fraser Collectibles we have a number of investment grade books and manuscripts in stock, including this exceptional Charles Dickens autographed letter.

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