Shapero Rare Books' Parent Confirms First Profit in Four Years
- by Michael Stillman
Shapero Rare Books' parent corporation, Scholium Group, confirmed earlier preliminary results that the company made a profit in their latest fiscal year, ending on March 30, 2022. It was a healthy profit of £177,000 on revenue of £8,129,000. The previous year they experienced a loss of £437,000 on sales of £5,148,000. Since Scholium has closed its stamp business this effectively reflects the performance of Shapero Rare Books.
Chairman David Harland issued a statement on their results, along with an upbeat but cautious look at the future. He said, “I am delighted to present my first statement as Chair and to report that the Group's revenues for the year ended 31 March 2022 increased by 58% to £8.1 million as a result of the return to some semblance of normality following the adverse impact of Covid in the prior year. This is the first profit in four years.
“The Board is delighted with the turnaround and remains focused on further enhancing shareholder value, incentivising its executive and staff and continuing to search for further opportunities in related areas to build upon this pleasing result.”
He continued, “Trading conditions have improved over the year and the Group's retail premises have enjoyed at least a return to something approaching normality following the closures of the prior Covid impacted year. Trading for the first four months of the current year has been profitable, which is encouraging, and net cash is positive. The current global political and economic environment is not only depressing but challenging and it is difficult to forecast the future prospects of the business though based on current trading we remain cautiously optimistic.”
Of course it's hard to make predictions in unpredictable times – rampant inflation, a new government in the UK, a war in Europe with threats of a nuclear attack no less. These are uncertain times but if the world will just be a bit more cooperative, Shapero's moves should continue to pay out.
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
