The Price is Wrong -- How Much is that Book Really Worth?
- by Michael Stillman
Value of this book depends on whether the “two large and accurate maps” (fine print) are present.
By Mike Stillman
We’ve all seen the long lists on the bookselling sites. Abebooks, in particular, can easily have dozens of copies of a book available, even of ones once thought to be fairly uncommon. With 45 million books posted for sale, you know there are going to be many duplicates. And, the pricing can be all over the board. This can be confusing to the buyer and seller alike. The buyer doesn’t know which to buy; the seller doesn’t know what price to ask if he or she has a copy to sell.
This is all new to the trade. A few years ago, which means pre-internet, almost any old book appeared rare. You could find a copy of the latest Harry Potter book in virtually any bookstore. However, if you came across a book printed in 1887 at one store, the chances of finding that exact same title in any other bookstore in your area were slim. Even if the book was not rare at all, it could appear to be as rare as the Bay Psalm Book to the uninitiated. So, what was that book worth?
Unfortunately, there is no Kelly Blue Book for old books. Experienced book dealers, with access to older auction records, catalogues, and their own knowledge, had a reasonably good idea. The rest of us, including inexperienced booksellers, traders, and collectors, generally didn’t have a clue. Some booksellers undoubtedly pulled numbers out of the air. Those looking to sell books discovered in their attics surely did the same. Dreamers priced them high; those looking to clear out space low. But, what were they really worth?
Today, this “guesstimating” has been exposed. Prices set by 20 dealers scattered over 50 states and a few countries are now all visible together on one internet site. The price of $100 set by a local dealer is no longer the only price a collector will see. That price can now be seen in comparison to 19 others, and the dealer may look reasonable, greedy, or like a source for bargains. But we still don’t know what that book is actually worth.
Part of the trouble here is in understanding what is meant by “worth.” We all want to see a price guide which states a value. We like certainty. Something for which there is a healthy supply and transparent pricing history, such as most coins or stamps, can be readily valued. Unfortunately, this is not true of books. There are too many different books, few printed in anything approaching the quantity of most stamps or coins. There are no price guides available.
DOYLE, July 23: STOKES, I. N. PHELPS. The Iconography of Manhattan Island, 1498-1909. New York: Robert H. Dodd, 1915-28. Estimate: $3,000-5,000
DOYLE, July 23: [AUTOGRAPH - US PRESIDENT]FRANKLIN D. ROOSEVELT. A signed photograph of Franklin D. Roosevelt. Estimate $500-800
DOYLE, July 23: [ARION PRESS]. ABBOTT, EDWIN A. Flatland. A Romance of Many Dimensions. San Francisco, 1980. Estimate $2,000-3,000.
DOYLE, July 23: TOLSTOY, LYOF N. and NATHAN HASKELL DOLE, translator. Anna Karénina ... in eight parts. New York: Thomas Y. Crowell & Co., [1886]. Estimate: $400-600
DOYLE, July 23: ROWLING, J.K. Harry Potter and the Goblet of Fire. London: Bloomsbury, 2000. Estimate $1,200-1,800
Forum Auctions Fine Books, Manuscripts and Works on Paper 17th July 2025
Forum, July 17: Lucianus Samosatensis. Dialogoi, editio princeps, second issue, Florence, Laurentius Francisci de Alopa, 1496. £10,000 to £15,000.
Forum, July 17: Boccaccio (Giovanni). Il Decamerone, Florence, Philippo di Giunta, 1516. £10,000 to £15,000.
Forum, July 17: Henry VII (King) & Philip the Fair (Duke of Burgundy). [Intercursus Magnus], [Commercial and Political Treaty between Henry VII and Philip Duke of Burgundy], manuscript copy in Latin, original vellum, 1499. £8,000 to £12,000.
Forum, July 17: Bible, English. The Holy Bible, Conteyning the Old Testament, and the New, Robert Barker, 1613. £4,000 to £6,000.
Forum, July 17: Bond (Michael). A Bear Called Paddington, first edition, signed presentation inscription from the author, 1958. £4,000 to £6,000.
Forum Auctions Fine Books, Manuscripts and Works on Paper 17th July 2025
Forum, July 17: Yeats (William Butler). The Secret Rose, first edition, with extensive autograph corrections, additions and amendments by the author for a new edition, 1897. £6,000 to £8,000.
Forum, July 17: Byron (George Gordon Noel, Lord). Childe Harold's Pilgrimage, bound in dark green morocco elaborately tooled in gilt and with 3 watercolours to fore-edge, by Fazakerley of Liverpool, 1841. £4,000 to £6,000.
Forum, July 17: Miró (Juan), Wassily Kandinsky, John Buckland-Wright, Stanley William Hayter and others.- Spender (Stephen). Fraternity, one of 101 copies, with signed engravings by 9 artists. £6,000 to £8,000.
Forum, July 17: Sowerby (George Brettingham). Album comprising 22 leaves of original watercolour drawings of fossil remains of Cheltenham and Vicinity, [c.1840]. £6,000 to £8,000.
Forum, July 17: Mathematics.- Blue paper copy.- Euclid. De gli Elementi, Urbino, Appresso Domenico Frisolino, 1575. £12,000 to £18,000.
Sotheby’s Geek Week 2-17 July | New York
Sotheby’s, July 15: Buzz Aldrin's FLOWN Apollo 11 Crew-Signed NASA Manned Spacecraft Center Cover. $15,000 to $20,000.
Sotheby’s, July 15: Lunar Surface Flown Mission Emblem Presented to Tom Stafford by John Young. $8,000 to $12,000.
Sotheby’s, July 17: Albert Einstein. Typed Letter Signed ("A. Einstein."), to Ann Morrisett, Affirming a Pacifist's Right to Self-Defense, March 21, 1952. $10,000 to $15,000.
Sotheby’s Geek Week 2-17 July | New York
Sotheby’s, July 17: Operating and Maintenance Manual for the BINAC Binary Automatic Computer Built for Northrop Aircraft Corporation. Philadelphia, 1949. $30,000 to $50,000.
Sotheby’s, July 17: Steve Jobs Apple Computer Business Card, c. 1977. $5,000 to $8,000.
Sotheby’s, July 15: Extensive Chronology of Spacecraft From Apollo to Skylab, Signed by a Member of Every Crewed Apollo Flight and the Commanders of Each Skylab Mission. $5,000 to $8,000.
![<b>DOYLE, July 23:</b> [AUTOGRAPH - US PRESIDENT]FRANKLIN D. ROOSEVELT. A signed photograph of Franklin D. Roosevelt. Estimate $500-800](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/4ce5fa1d-1943-4413-a80d-7b5c75383e7e.jpg "<b>DOYLE, July 23:</b> [AUTOGRAPH - US PRESIDENT]FRANKLIN D. ROOSEVELT. A signed photograph of Franklin D. Roosevelt. Estimate $500-800")
![<b>DOYLE, July 23:</b> [ARION PRESS]. ABBOTT, EDWIN A. <i>Flatland. A Romance of Many Dimensions.</i> San Francisco, 1980. Estimate $2,000-3,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/fa635c85-6b12-44f2-8832-2087579574d9.jpg "<b>DOYLE, July 23:</b> [ARION PRESS]. ABBOTT, EDWIN A. <i>Flatland. A Romance of Many Dimensions.</i> San Francisco, 1980. Estimate $2,000-3,000.")
![<b>DOYLE, July 23:</b> TOLSTOY, LYOF N. and NATHAN HASKELL DOLE, translator. <i>Anna Karénina ... in eight parts.</i> New York: Thomas Y. Crowell & Co., [1886]. Estimate: $400-600](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/af9f4e1a-90c2-428c-8d49-9624b070c7a9.jpg "<b>DOYLE, July 23:</b> TOLSTOY, LYOF N. and NATHAN HASKELL DOLE, translator. <i>Anna Karénina ... in eight parts.</i> New York: Thomas Y. Crowell & Co., [1886]. Estimate: $400-600")
![<b>Forum, July 17:</b> Henry VII (King) & Philip the Fair (Duke of Burgundy). [Intercursus Magnus], [Commercial and Political Treaty between Henry VII and Philip Duke of Burgundy], manuscript copy in Latin, original vellum, 1499. £8,000 to £12,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/148a7ca4-9746-44c9-a75e-86229b6f10d2.png "<b>Forum, July 17:</b> Henry VII (King) & Philip the Fair (Duke of Burgundy). [Intercursus Magnus], [Commercial and Political Treaty between Henry VII and Philip Duke of Burgundy], manuscript copy in Latin, original vellum, 1499. £8,000 to £12,000.")
![<b>Forum, July 17:</b> Sowerby (George Brettingham). Album comprising 22 leaves of original watercolour drawings of fossil remains of Cheltenham and Vicinity, [c.1840]. £6,000 to £8,000.](https://ae-files.s3.amazonaws.com/AdvertisementPhotos/863855a8-4b41-4512-b168-a4a3eab5d6a6.png "<b>Forum, July 17:</b> Sowerby (George Brettingham). Album comprising 22 leaves of original watercolour drawings of fossil remains of Cheltenham and Vicinity, [c.1840]. £6,000 to £8,000.")
