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