Shapero Rare Books Parent Company Projects Loss for the Year
- by Michael Stillman
The caronavirus epidemic has reversed profits.
There is a ton of anecdotal information leading one to believe this is not an easy time for booksellers. There are comments from dealers themselves, along with the fact that virtually every business outside of delivering goods to your home or providing medical equipment is suffering. Now we have a report issued by the one publicly traded bookseller, Shapero Rare Books' parent Scholium Group. They are warning shareholders that this six-month period will be in the red.
Their previous six-month period, which ended March 31, produced a small loss, a disappointment after the previous such period was profitable. Unfortunately, the pandemic got in the way during that last month of their fiscal year and they were forced to shut down Shapero Rare Books' shop. Still, the company was able to eke out a profit for the year.
On May 28, Scholium issued an update. They announced that they expect to incur a loss in the first half of their new fiscal year, which ends on September 30. They did not say how great the loss would be, but did not qualify it as a “small” loss as they did for the last six months period. They also may have indicated it would be larger by saying they do not expect the first half of the year loss will be recouped in the second half. Projecting a loss for the year only two month into it may imply that these are particularly tough times. However, they did indicate they expect their retail store to reopen in the middle of June. Meanwhile, sales are continuing, albeit at a reduced pace, through telephone and internet orders.
Scholium Group operates three business, including one in the stamp business and one combining with other firms on art sales, but Shapero Rare Books is their largest business.
Forum Auctions Fine Books, Manuscripts and Works on Paper 28th May 2026
Forum, May 28: Book of Hours.- Heures de nostre dame a l'usaige de Romme, Paris, Antoine Chappiel pour Germain Hardouin, [1504]. £6,000-8,000
Forum, May 28: Colonna (Francesco). La Hypnerotomachia di Poliphilo, second edition, Venice, Sons of Aldus Manutius, 1545. £15,000-20,000
Forum, May 28:The Christ Child holding a crystal orb and surrounded by banderoles with devotional exhortations, on a leaf most probably from a Book of Hours, [Southern Netherlands, last decades of the fifteenth century]. £2,000-3,000
Forum Auctions Fine Books, Manuscripts and Works on Paper 28th May 2026
Forum, May 28: Jackson (Shirley). The Haunting of Hill House, first English edition, signed presentation inscription from the author to Claude Fredericks, 1960. £2,000-3,000
Forum, May 28: Lennon (John). In His Own Write, first edition, first impression, signed by the author, 1964. £3,000-4,000
Forum, May 28: Doves Press.- Keats (John). [Poems], one of 200 copies on paper, Doves Press, 1914. £5,000-7,000
Forum Auctions Fine Books, Manuscripts and Works on Paper 28th May 2026
Forum, May 28: Rodrigues (João Barbosa). Sertum Palmarum Brasiliensium, 2 vol., first and only edition, Brussels, 1903. £8,000-12,000
Forum, May 28: Newton (Sir Isaac). Philosophiae naturalis principia mathematica…editio ultima, auctior et emendatior, Amsterdam, Sumptibus Societatis, 1714. £8,000-12,000
Forum, May 28: Kepler (Johannes). Ad Vitellionem paralipomena, wuibus astronomiae pars optica traditur, first edition, Frankfurt am Main, 1604. £5,000-7,000
Forum Auctions Fine Books, Manuscripts and Works on Paper 28th May 2026
Forum, May 28: Tagliacozzi (Gaspare). De Curtorum Chirurgia per insitionem, libri duo, first edition, Venice, Gasparo Bindoni, 1597. £7,000-10,000
Forum, May 28: Lootsman (Jacobsz). The Lightning Colomne, or Sea-Mirrour, containing the Sea-Coasts of the Northern, Eastern and Western Navigation..., 1670. £8,000-12,000
Forum, May 28: Ribelles y Helip (José), Attributed to. An album comprising 33 finely executed watercolours of Spanish costume, bull-fighting scenes, and other genre subjects, [circa 1830]. £10,000-15,000
