Rare Book Monthly

Articles - April - 2019 Issue

What is the most frequently asked question in the used and rare book field? What is my book worth?

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May I quote Zero Mostel?: Money, Money, Money

Everyone in the rare book business is asked everyday “what is my book worth?” and the question almost always gets a careful listen because once in a great while the book or books you have are very good.  But that said, the process is time consuming and rarely successful for the person providing perspective.

 

For people who have these questions there are a few straightforward ways to find out, without spending a dime or anyone’s time.  You should go to the listing sites; Biblio, Alibris, Abebooks or Rare Book Hub that provide listings of books for sale.  Or, if you are diligent, go to all of them. There you will get a free appraisal simply by putting the author last name, a few words from the title, and the date published into the advanced search fields.  Then BINGO you get a variety of answers.  Now what should you do?

 

The chances are the book you are looking up will match almost identical copies offered for sale.  And then low and behold you notice someone is offering a copy for $500.- “These people must be smart because they know something that the other fools, who have priced theirs at $75, don’t.”  This then leads to the cracking open of a beer or sarsaparilla followed by:  “Wow Daddy, we’re rich” because you have boxes of books to look up and $500.- times all the books you have is – let’s see – a New Car, in fact a German one, possibly a 7 series, a convertible at that.

 

If only it were that easy.

 

Looking up books that are listed for sale is easy and I suggest doing it before you seek free advice.  Unfortunately, the expensive copy listed that you find has probably been posted by a nut who is determined not to leave a penny on the table.  It is not illegal to put a crazy asking price on anything.

 

Now you start to study your copy and quickly confirm you’re an optimist.  By reading the descriptions that others have written you start to see some differences though.  The term “with original artwork” sounds good until it’s disclosed that Maria, the seller’s daughter and no relation to the author, when she was 3, colored in the pictures.  Sorry!  Somewhere else you noticed the term “original color.”  This must be what it means.  This is too easy.

 

I suggest you make a list of the books you have because they are going to start to blur.

 

Try to be honest.  Try to grade them.  Make notes about anything that appears to be missing such as, “it’s complete except for 1 page” which is usually the title page.  Ouch!  OR, you only have one page – the title page – and you heard that if a book is missing its title page it loses at least 90% of its value.  That must mean the title page, by itself is worth 90% of what the whole book is worth. No! No! and No!

 

About 1 person in a 100 is going to find they have material of saleable value.  If you are the lucky one now you can call dealers or whoever you consult.  They’ll be looking for evidence of retail prices at and above $500 not including the person who listed their $75 book for $500.

 

For those books you conclude are valuable you’ll want to offer them in list form, with pictures of the higher value examples, to a specialist in the category of which your book or books is a part.  In other words, don’t expect a specialist in opera to know much about your Life of Lincoln [unless it was made into an opera].

 

Many people will be willing to help but don’t abuse their trust.  Do a little bit of homework and identify the things you have that are of value.

 

Ultimately you are going to sell the material.  If you sell to a dealer you’ll get less money [because, once they buy your copy, they’ll assume its market risk].  Their distinct advantage is that they usually pay on the spot.  Many, many people take that deal.  Others will opt to send their material to auction and it will be roughly 6 months from submission until you receive payment [the amount of which will not be known until the book sells].

 

Now get started.  A few beers from now you can go online to Mercedes Benz to plan your purchase.

 

If you need further help, after determining your material is probably of substantial value, you can contact us or a professional advisor.  Here is one:

 

Professional Resource, LLC

Elvin Mongomery, Partner

 PR website

elvmont@aol.com

212.666.4449

Rare Book Monthly

  • <b>Swann Auction Galleries Apr 15:</b> Frances Palmer, <i>Battle of Buena Vista,</i> chromolithograph, New York, 1847. $4,000 to $6,000.
    <b>Swann Auction Galleries Apr 15:</b> Antonio Colmenero de Ledesma, the earliest publication concerned solely with chocolate, first edition, Madrid, 1631. $10,000 to $15,000.
    <b>Swann Auction Galleries Apr 15:</b> Romans Bernard, <i>An Exact View of the Late Battle at Charlestown, June 17th, 1775,</i> engraving, 1776. $40,000 to $60,000.
    <b>Swann Auction Galleries Apr 15:</b> <i>A Short Narrative of the Horrid Massacre in Boston,</i> English edition, London, 1770. $12,000 to $18,000.
    <b>Swann Auction Galleries Apr 15:</b> William Soule, <i>Lodge of the Plains Indians,</i> albumen print, 1872. $1,500 to $2,500.
    <b>Swann Auction Galleries Apr 15:</b> Manuscript document to enforce New York’s “Agreement of Non-Importation” during the heyday of the Sons of Liberty, New York, 1769. $10,000 to $15,000.
    <b>Swann Auction Galleries Apr 15:</b> Clarence Mackenzie, <i>Drummer Boy of the 13th Regiment of Brooklyn,</i> salt print with applied color, 1861. $3,000 to $4,000.
    <b>Swann Auction Galleries Apr 15:</b> Moses Lopez, <i>A Lunar Calendar,</i> first Jewish calendar published in America, Newport, RI, 1806. $3,000 to $4,000.
    <b>Swann Auction Galleries Apr 15:</b><br>The Book of Mormon, first edition, Palmyra, 1830. $30,000 to $40,000.
  • <b><center>Neal Auction Company<br>Spring Estates 2021<br>April 16-18</b>
    <b>Neal Auction Co., Apr. 16:</b> Lyscosthenes, Conrad. <i>Prodigiorum ac ostentorum chronicon,</i> Basilea: Henricus Petrus, c. 1557, first edition, folio. $5,000 to $7,000.
    <b>Neal Auction Co., Apr. 16:</b> Collection of Ethiopic Religious Texts, in Ge'ez , illuminated manuscripts on vellum, c. 1700-20th c. (5 pcs.) $5,000 to $7,000.
    <b>Neal Auction Co., Apr. 16:</b> Augustinus, Aurelius Sanctus.<br><i>De Civitate Dei,</i> Venice: Bonetus Locatellus per Octavianus Scotus, 9 Febbraio, 1486, 4to. $5,000 to $7,000.
    <b><center>Neal Auction Company<br>Spring Estates 2021<br>April 16-18</b>
    <b>Neal Auction Co., Apr. 16:</b> Choiseul-Gouffier, Marie Gabriel Comte de. <i>Voyage Pittoresque de la Grece,</i> Paris, J.J. Blaise, 1782-1809-1822, first edition. $4,000 to $6,000.
    <b>Neal Auction Co., Apr. 16:</b> Rufinus, Tyrannius (c. 345-411). <i>Expositio in symbolum apostolorum,</i> [Cologne, Ulrich Zel, c. 1472], first edition. $3,000 to $5,000.
    <b>Neal Auction Co., Apr. 16:</b> Magnus, Albertus. <i>Summa de eucharistiae sacramento,</i> Ulm: Johann Zainer, 1474. $3,000 to $5,000.
    <b><center>Neal Auction Company<br>Spring Estates 2021<br>April 16-18</b>
    <b>Neal Auction Co., Apr. 16:</b> Strabo. <i>Rerum geographicarum libri septemdecim. A Guilielmo Xylandro Augstano magna cura recogniti…,</i> Basel, Henricpetri, (August 1571). $3,000 to $5,000.
    <b>Neal Auction Co., Apr. 16:</b> Riou, Stephen (1720-1780). <i>The Grecian Orders of Architecture. Delineated and Explained from the Antiquities of Athens,</i> London, 1768. $3,000 to $5,000.
    <b>Neal Auction Co., Apr. 16:</b> Mair, Paul Hektor. <i>Geschlechter Buch...der...Statt Augspurg,</i> Frankfurt am Maim, Sigmund Feyerabend, 1580. $1,800 to $2,500.
    <b><center>Neal Auction Company<br>Spring Estates 2021<br>April 16-18</b>
    <b>Neal Auction Co., Apr. 16:</b> Polybius (c. 200-118 B.C.). <i>Historiarum libri priores quinque,</i> Basel: Johann Herwagen, 1549. $1,200 to $1,800.
    <b>Neal Auction Co., Apr. 16:</b> Bellori, Giovanni Pietro. <i>Columna Antoniniana Marci Aurelii Antonini Augusti rebus gestis insignis Germanis simul...,</i> Rome, [1672]. $1,000 to $1,500.
    <b>Neal Auction Co., Apr. 16:</b> <i>Ecclesiasticae Historiae, Eusebii Pamphili...Eiusdem de vita Constantini...Socratis...,</i> Paris, Robert Estienne, 1544. $800 to $1,200.
  • <center><b>Gonnelli Auction House<br>Books and Graphics<br>19th, 20th and 21st April 2021</b>
    <b><center>Gonnelli: Apr. 19-21<br>Books from XVI to XX Century</b>
    <b><center>Gonnelli: Apr. 20<br>Atlases and Maps</b
    <b><center>Gonnelli: Apr. 21<br> Veneto and Venice, a Selection of Books from the XVI to XX century</b>
    <b><center>Gonnelli: Apr. 20<br></b>Rossini Gioachino, Baguette de chef d'orchestre appartenuta a Gioachino Rossini, dono del Comune di Passy. 1500 €
    <b><center>Gonnelli: Apr. 21<br></b>Manetti Saverio, Storia naturale degli uccelli trattata con metodo. Cinque volumi. 1767. 18.000 €
    <b><center>Gonnelli: Apr. 21<br></b>Poe Edgar Allan, Double assassinat dans la rue morgue. Illustrations de Cura. 1946.
    <b><center>Gonnelli: Apr. 19-21<br>Books from XVI to XX Century</b>
  • <b>Sotheby’s, through Apr. 27:</b> Ronald Reagan. Series of 37 letters to Senator George Murphy, and related material, 1968-90. £50,000 to £70,000.

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