When any of these billionaires enters the market for rare books, it is little wonder that there is no ceiling. Not long ago a dealer put $500,000 on a copy of Prufrock inscribed by Eliot to the great French poet Paul Valéry. It had been in the Rechler sale, and here it was again, already notched up. Whether the dealer sold it I don't know. If he did-or if he didn't-it is a copy that is sure to come into the auction rooms again. Those 946 billionaires have to have something to buy.
( Larry McMurtry )
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