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Book Bought for £5 May Fetch £20,000 at Auction

Book Bought for £5 May Fetch £20,000 at Auction

Tuesday, 9 July, 2019 - 05:15
A woman walks past Christie's logo in Hong Kong. Photo: Reuters
London - Asharq Al-Awsat
The book owner, who bought it for five sterling pounds at a second hand book store, expects it to fetch as much as £20,000 at auction. She said the book is all about Britain's foreign trade in the 17th century so it might appeal to anyone with a Brexit bent.

Sarah Hickman, who bought the book nearly 20 years ago, said: "It's a little bit of magic, everyone hopes this happens to them."

"I was extremely pleasantly surprised and lucky to have bought it," she said, noting the book is titled 'England's Treasure by Forraign Trade' by Thomas Mun. It was published in 1664 and explains how vital foreign trade was for England, even though the country was at war with the Spanish and the Dutch.

Hickman said: "Having studied printing, I knew it was an original and in good condition and it was a handsome book. It's always been a reasonably valuable book but the seller didn't know how lucky for me."

She said she forgot about the book until she was tidying her home in Faversham, southeast of London.

It's listed with a guide price of £15,000 to £20,000, with a £12,000 reserve. Hickman found one version of the book had been sold at auction in London for about £3,500 three years ago and so she emailed Christie's to find out more about it.

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