• <b>19th Century Shop.</b> (DEMOCRATIC CONVENTION, Chicago, 1968). <i>Collection of papers of John M. Bailey, Chairman of the Democratic National Committee, concerning the convention</i>. Various places, 1968.
    <b>19th Century Shop.</b> (ARMSTRONG, NEIL.) VERNE, JULES. <i>A Trip to the Moon.</i> New York: F. M. Lupton, September 9, 1893. Signed by Neil Armstrong, first man to walk on the moon.
    <b>19th Century Shop.</b> KEY, FRANCIS SCOTT. <i>A Celebrated Patriotic Song, the Star Spangled Banner.</i> 1814.
    <b>19th Century Shop.</b> [COLUMBUS, CHRISTOPHER, Amerigo Vespucci ..] Bernardus Albingaunensis .. Dialogo nuperrime edito Genue in 1512.
    <b>19th Century Shop.</b> (WATKINS, TABER &c.). <i>An album of 32 photographs of the Yosemite and American West Various places</i>, c. 1890s
    <b>19th Century Shop.</b> (BATTLE OF CONCORD.) <i>Powder horn used by Minuteman Oliver Buttrick at the Battle of Concord</i>, April 19, 1775.
    <b>19th Century Shop.</b> (CIVIL WAR.) <i>An Extraordinary Confederate Photograph and Autograph Album of Dr. R. L. C. White</i>, 125 original mounted salt prints. 1859-61.
  • <b>Swann Auction Galleries:</b> Announcing the Fall 2016 Auction Season
    <b>Swann Auction Galleries Nov 1:</b> Autographs
    <b>Swann Auction Galleries Oct 18:</b> Early Printed, Medical, Scientific & Travel Books
    <b>Swann Auction Galleries Nov 10:</b> 19th & 20th Century Literature
    <b>Swann Auction Galleries Dec 8:</b> Maps & Atlases, Natural History & Colored Plate Books
    <b>Swann Auction Galleries Nov 17:</b> Printed & Manuscript Americana
    <b>Swann Auction Galleries Dec 1:</b> Art, Press & Illustrated Books
    <b>Swann Auction Galleries Sep 29:</b> Illustration Art
    <b>Swann Auction Galleries Nov 3:</b> Old Master Through Modern Prints
  • <b>Bonhams: Fine Books and Manuscripts. Sept. 21, 2016</b>
    <b>Bonhams Sept. 21:</b> WARREN, JOSEPH. Letter Signed ("Jos Warren") as Chairman of the Committee of Safety. Cambridge, MA, June 4, 1775.
    <b>Bonhams Sept. 21:</b> WHITMAN, WALT. Leaves of Grass. Brooklyn, NY: [for the Author], 1855.
    <b>Bonhams Sept. 21:</b> JEFFERSON, THOMAS. Printed Broadside Signed ("Th: Jefferson") as Secretary of State. Philadelphia, February 12, 1793.
    <b>Bonhams Sept. 21:</b> CELLINI, BENVENUTO. 1500-1571. Autograph Letter Signed ("Beto. Cellini"). [Florence, c.1566].
    <b>Bonhams: Fine Books and Manuscripts. Sept. 21, 2016</b>
    <b>Bonhams Sept. 21:</b> NAPOLEON BONAPARTE. Autograph Manuscript. [c.1795].
    <b>Bonhams Sept. 21:</b> DICKENS, CHARLES. Great Expectations. London: Chapman and Hall, 1861.
    <b>Bonhams Sept. 21:</b> REED, JOHN. To the Honourable House of Representatives of the Freemen of Pennsylvania this Map of the City and Liberties of Phiadelphia With the Catalog of Purchasers is Humbly Dedicated.... [Philadelphia]: engraved by James Smit
    <b>Bonhams Sept. 21:</b> ELIOT, THOMAS STEARNS. The Waste Land. New York: Boni and Liveright, 1922.

Rare Book Monthly

Articles - November - 2007 Issue

Taking Stock

Isaac

Sir Isaac Newton and Gottfried von Leibniz.


By Renée Magriel Roberts

I would like to wave a magic wand and turn every unlisted book in my shop into a database entry before it's too late, before my home and my books become a story on AmericanaExchange. Miriam Zobel's experience (see A Specialist Inventory to be sold as a Single Lot at Auction in last month's issue of AE Monthly) is certainly a moving story, as well as a cautionary tale.

Spend a working lifetime building up your inventory, especially in some more important but not particularly valuable areas like education and psychology, and in retirement open your shop to the cherry-pickers (I don't know how much Miriam sold her better books for), and finally, at public auction, sell the rest of the your 90,000-some-odd inventory for $1,000, just slightly more than 1 cent.

Of course, she did make a few mistakes along the way. First of all, she actually owned the books she was selling, unlike the myriad "sellers" who fabricate listings, steal other people's listings, or create hyper search engines that appear to be searches of existing inventories, when in fact they are multiplying other dealers' prices by a considerable factor and then presenting them for sale to the unwary buyer. She bought quality books as a service.

She was also a dealer with a clear social conscience, not just catering to a few. People who specialize in fields like education and who develop a service to assist Ph.D. candidates are not looking at books in the same way as others who might be attracted to more superficial aspects of books.

When I look at the boxes and boxes of general stock books not yet listed for sale, I feel like I've created my own Zobel-like environment. The life (and in many cases the value) is draining out of my storage boxes, and I don't have the time and energy to stop the flow. I'm choosing to devote the energy I do have to maintaining my life and my energy, rather than that of my good used stock.

On the other hand, as Bruce McKinney pointed out last month (see The Declining Value of Inventory (AE Monthly)) really good stuff not only sells, but increases and will increase in value. We are seeing strong sales in the Cistercian choir books, printed with the Plantin/Moretus presses, that we took on this month. Nothing stopping modern first editions, collections of 19th century political pamphlets and letters and 19th-century biographies -- these are all going strong. And it is certainly a lot less work to sell one book for $2100 than a bunch of books for $22 each, even factoring in photographs and increased customer contact.

So, with this in mind, we're continuing to improve the value and the quantity of our truly rare stock and have all but ceased buying general stock. We're also buying in the specific areas in which we are familiar, rather than interesting items in which we have a thin coverage. What this means is that there are more conversations, and consequently more networking, among collectors and dealers in our chosen fields, and more interesting assignments. Over the next few months, for example, we will be inventorying and then placing a collection of early materials related to the abolition of slavery, a relationship developed entirely via word-of-mouth.

Rare Book Monthly

  • <b>Seth Kaller:</b> Leaves from<br>George Washington's Own Draft <br>of His first Inaugural Address. An Extraordinary Rarity!
    <b>Seth Kaller:</b> Declaration of Independence: Benjamin Tyler 1818 - First Print with Facsimile Signatures.
    <b>Seth Kaller:</b> Thomas Jefferson Signed Act of Contress Authorizing Alexander Hamilton to Complete Famous Portland Maine Lighthouse.
    <b>Seth Kaller:</b> Emanuel Leutze. Silk Flag Banner designed by Leutze, created by Tiffany & Co., and presented to Gen. John A. Dix, 1864.
    <b>Seth Kaller:</b> The "greatest of early American maps … a masterpiece" (Corcoran). Thomas Holme.
    <b>Seth Kaller:</b> Lincoln Summons His Cabinet for a Historic Meeting to Discuss Compensated Emancipation.
    <b>Seth Kaller:</b> Albert Einstein. Autograph Letter Signed. Einstein Counsels His Son ... Meaning of Life.
    <b>Seth Kaller:</b> Normal Rockwell. Painting/Drawing Signed. Rockwell's "Barbeshop Quartet", 1936.
    <b>Seth Kaller:</b> Frederick Douglass. Autograph Letter Signed to unknown correspondent. Washington, D.C.
    <b>Seth Kaller:</b> Harry Truman. Autograph Manuscript Notebook for Kansas City Law School Night Class.
    <b>Seth Kaller:</b> Robert E. Lee. Autograph Letter Signed, June 11, 1782. Hours after the Battle of Culpeper Court House, Lee Escapes Again.
    <b>Seth Kaller:</b> George Washington. Letter Signed, as Commander-in-Chief, Continental Army, to Elias Dayton, Headquarters, [Newburgh, N.Y.], June 11, 1782.

Article Search

Archived Articles

Ask Questions