Sales of Books and Paper at Auction Surpass $1 Billion for the First Time
The good news kept getting better in 2021 in the rare book trade. 2020 had been a surprisingly good year, with prices of books and collectible paper at auction rising by 3.6%. 2021 was much better. This time prices rose 8.8%. This was based on the median, or midpoint of all lots sold during the year. While based on anecdotal comments booksellers did not participate in 2020's party, they did in 2021. Dealers' sales, unlike auctions, aren't public knowledge, but based on the upbeat comments we have heard, it sounds like the wealth has now been spread around. Covid may have lingered around ano...
