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FIRST ENGLISH WORK OF POLITICAL ECONOMY. STEUART, SIR JAMES. 1712-1780. Inquiry into the Principles of Political Oeconomy; being, An Essay on the Science of Domestic Policy in Free Nations. London: A. Millar and T. Cadell, 1767. 2 volumes. 4to (289 x 232 mm). 2 folding letterpress tables, errata; without half-titles. Recent quarter calf over marbled paper boards. Custom cloth folding case. Provenance: William Blair Esq of Blair (bookplate to each volume); Hon. Stanley C. Wisniewski (pencil inscription in each volume). FIRST EDITION of the most complete and systematic survey of economics from the point of view of moderate mercantilism — a culmination of economic thought before Adam Smith. 'In the Principles, Steuart made notable contributions to economic theory: the historical analysis of the origins of the exchange economy, where he (like Adam Smith) was influenced by David Hume; to the theory of economic development with its emphasis on the importance of interdependent sectors; to the theory of competitive price, and, most notably, to the treatment of money and banking, where he showed his appreciation of banks as a means of mobilizing resources in countries undergoing the process of institutional, as well as economic, change' (ODNB). Goldsmith 10276; Kress 6498. For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing
ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
If you have any complaints or questions about the Conditions of Sale, please contact your nearest client services team.
For all Sales categories excluding Arms & Armour, Coins and Medals, Motor Cars, Motorcycles, Wine & Whisky
28% on the first $50,000 of the hammer price;
27% of the hammer price of amounts in excess of $50,000 up to and including $1,000,000;
21% of the hammer price of amounts in excess of $1,000,000 up to and including $6,000,000;
and 14.5% of the hammer price of any amounts in excess of $6,000,000.
A 3rd-party bidding platform fee (the "3rd-party bidding platform fee") equal to 4% of THE BID PRICE shall be payable by buyers whose successful bid is submitted via 3rd-party bidding platforms, including Invaluable; Live Auctioneers; The Saleroom; Lot-tissimo.
Payment for purchases may be made in or by (a) cash, (b) cashier's check or money order, (c) personal check with approved credit drawn on a U.S. bank, (d) wire transfer or other immediate bank transfer, or (e) Visa, MasterCard, American Express or Discover credit, charge or debit card for returning clients only. Please note that the amount of cash notes and cash equivalents that can be accepted from a given purchaser may be limited.
If you have requested a shipping quote, we will send this to you via email within 5 business days of the auction ending.
Please note our shipping quotes are bespoke and require special care and handling from our team and shippers. Shipping will be booked after payment is received. Please allow 7-14 business days from the time of booking for packing and dispatch, depending on your chosen shipping method. If your purchase is time sensitive, or you wish to explore other options, please see our list of alternative third party shippers in New York and Los Angeles who may be able to assist you.
Oversized Lots
Please note that all lots marked with a W in the catalog are oversized and subject to additional storage and shipping methods. All additional lots purchased with W lots are considered group lots and will be subject to the same terms as W lots.
W Lots will be transferred to offsite storage at DTD Fine Art Services at the buyer's risk and expense within five (5) business days following the auction. Please contact the Client Services team at bids.us@bonhams.com for the exact movement date.
The per-lot charges levied by DTD Fine Art Services are as follows (plus any applicable sales tax):
FURNITURE/LARGE OBJECTS
Transfer .................. $75
Daily storage........... $10
Insurance (on Hammer + Premium + tax) 0.3%
SMALL OBJECTS
Transfer ................. $37.50
Daily storage........... $5
Insurance (on Hammer + Premium + tax) 0.3%
Please note property is also subject to a Cross Dock Release Fee ($25 for Smalls and $45 for Furniture and Large Objects) & if charges are paid with a credit card, Door to Door Fine Art Services will charge a 3% Convenience Fee.
If you have any questions, please contact our Client Services team.
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FIRST ENGLISH WORK OF POLITICAL ECONOMY. STEUART, SIR JAMES. 1712-1780. Inquiry into the Principles of Political Oeconomy; being, An Essay on the Science of Domestic Policy in Free Nations. London: A. Millar and T. Cadell, 1767. 2 volumes. 4to (289 x 232 mm). 2 folding letterpress tables, errata; without half-titles. Recent quarter calf over marbled paper boards. Custom cloth folding case. Provenance: William Blair Esq of Blair (bookplate to each volume); Hon. Stanley C. Wisniewski (pencil inscription in each volume). FIRST EDITION of the most complete and systematic survey of economics from the point of view of moderate mercantilism — a culmination of economic thought before Adam Smith. 'In the Principles, Steuart made notable contributions to economic theory: the historical analysis of the origins of the exchange economy, where he (like Adam Smith) was influenced by David Hume; to the theory of economic development with its emphasis on the importance of interdependent sectors; to the theory of competitive price, and, most notably, to the treatment of money and banking, where he showed his appreciation of banks as a means of mobilizing resources in countries undergoing the process of institutional, as well as economic, change' (ODNB). Goldsmith 10276; Kress 6498. For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing
ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
If you have any complaints or questions about the Conditions of Sale, please contact your nearest client services team.
For all Sales categories excluding Arms & Armour, Coins and Medals, Motor Cars, Motorcycles, Wine & Whisky
28% on the first $50,000 of the hammer price;
27% of the hammer price of amounts in excess of $50,000 up to and including $1,000,000;
21% of the hammer price of amounts in excess of $1,000,000 up to and including $6,000,000;
and 14.5% of the hammer price of any amounts in excess of $6,000,000.
A 3rd-party bidding platform fee (the "3rd-party bidding platform fee") equal to 4% of THE BID PRICE shall be payable by buyers whose successful bid is submitted via 3rd-party bidding platforms, including Invaluable; Live Auctioneers; The Saleroom; Lot-tissimo.
Payment for purchases may be made in or by (a) cash, (b) cashier's check or money order, (c) personal check with approved credit drawn on a U.S. bank, (d) wire transfer or other immediate bank transfer, or (e) Visa, MasterCard, American Express or Discover credit, charge or debit card for returning clients only. Please note that the amount of cash notes and cash equivalents that can be accepted from a given purchaser may be limited.
If you have requested a shipping quote, we will send this to you via email within 5 business days of the auction ending.
Please note our shipping quotes are bespoke and require special care and handling from our team and shippers. Shipping will be booked after payment is received. Please allow 7-14 business days from the time of booking for packing and dispatch, depending on your chosen shipping method. If your purchase is time sensitive, or you wish to explore other options, please see our list of alternative third party shippers in New York and Los Angeles who may be able to assist you.
Oversized Lots
Please note that all lots marked with a W in the catalog are oversized and subject to additional storage and shipping methods. All additional lots purchased with W lots are considered group lots and will be subject to the same terms as W lots.
W Lots will be transferred to offsite storage at DTD Fine Art Services at the buyer's risk and expense within five (5) business days following the auction. Please contact the Client Services team at bids.us@bonhams.com for the exact movement date.
The per-lot charges levied by DTD Fine Art Services are as follows (plus any applicable sales tax):
FURNITURE/LARGE OBJECTS
Transfer .................. $75
Daily storage........... $10
Insurance (on Hammer + Premium + tax) 0.3%
SMALL OBJECTS
Transfer ................. $37.50
Daily storage........... $5
Insurance (on Hammer + Premium + tax) 0.3%
Please note property is also subject to a Cross Dock Release Fee ($25 for Smalls and $45 for Furniture and Large Objects) & if charges are paid with a credit card, Door to Door Fine Art Services will charge a 3% Convenience Fee.
If you have any questions, please contact our Client Services team.
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