Rare Book Monthly

Articles - February - 2012 Issue

AbeBooks Top Ten for 2011 Shows Prices Are Rising on the Book Listing Site

Abe'stokillmock

Harper Lee's To Kill a Mockingbird.

AbeBooks has released their list of the Top 10 highest price paid for books on their website, and the list may be more telling for what prices were paid than what is on it. AbeBooks, even as the leading book listing site, has never been a source for the highest prices. You may see books listed for hundreds of thousands of dollars, but if those books are sold, they are sold outside of the site. Few people will press a “buy” button for a couple hundred thousand dollars without discussing the purchase with the seller first. The big sales are made either directly with the dealer, or at auction, where a well-known auction house provides the description and its own promise of accuracy and authenticity. Indeed, we have never seen a book sell on AbeBooks that would even come close to qualifying for the AE Top 500 list of prices at auction.

Nevertheless, we are seeing price movement at the top on AbeBooks that is hard to ignore. People are paying prices on Abe unheard of in the past. This past year, the top price paid on AbeBooks was over $50,000. This is different. It is also something of an aberration, being more than double the price of number 2. However, when we went back two years to compare to the Abe Top 10 of 2009, what we found is that that year's number 1 item sold for $17,000, which would have only tied for number 7 in 2011. The number 2 item from 2009 would not have even made it to the Top 10 for 2011.

Clearly something is happening here. It isn't that prices are rising quickly, as AE's Trends in Book Auction Prices charts reveal that the market has been, at best, flat over the past two years. Evidently, buyers are becoming more comfortable buying fairly expensive items on AbeBooks. No, they may not be ready to push the “buy” button for a First Folio or a folio edition of Birds of America yet, but the confidence level is rising. Abe is inching its way further into the business of selling higher priced books, more so than ever before.

Here, now, is AbeBooks' list of their Top 10 prices for 2011.

10. Les Fleurs du Mal, a first edition of Charles Baudelaire's classic French poetry, $14,925.

9. An Authentic Account of an Embassy from the King of Great Britain to the Emperor of China, George Staunton's account of a late 18th century mission to China. $15,800.

8. The Botany of the Antarctic Voyage of the H. M. Discovery Ships Erebus and Terror in the Years 1839-1843, a partial set of naturalist J.D. Hooker's report on the voyage. $16,000.

7. An Authentic Account of an Embassy from the King of Great Britain to the Emperor of China, by George Staunton. If this sounds remarkably like #9, it is, except this is a second edition, and it was signed by Staunton. $17,000.

6. The Camels Are Coming, first UK edition of W.E. Johns' first Biggles book. The daring Biggles is not well known in America, but was very popular in England from the 1930s through the 1960s. $17,754.

5. Fourteen pages of manuscript notes about Thomas Carlyle written by John Ruskin. These were used for a book Ruskin was preparing. $18,750.

4. The Hobbit or There and Back Again, by J.R.R. Tolkein. This is a first edition, first impression, with dust jacket, of Tolkein's 1937 book. $20,447.

3. A complete set of the ten issues of Aspen Magazine, the “magazine in a box” that was published from 1965-1971. $22,915.

2. To Kill a Mockingbird, a signed copy of Harper Lee's classic on injustice in the South. $25,000.

1. Oh the irony! Number 1 on the list of highest prices paid was written by a man who despised capitalism and the great wealth it would take to spend over $50,000 on a book. It is Das Kapital, Kritik der politischen Oekonomie, by Karl Marx. What could be a more fitting example of the death of Communism? $51,739.


Posted On: 2012-02-28 00:00
User Name: bartleby

The high cost of Das Kapital says nothing about the continuing validity of Marx's critiques of capital. That insight is revealed every day by


Rare Book Monthly

  • <b>Swann Auction Galleries Mar 10:</b> Francis Scott Key, <i>Star Spangled Banner,</i> first printing, c. 1814-16. $8,000 to $12,000.
    <b>Swann Auction Galleries Mar 10:</b> William Sydney Porter, a.k.a. “O. Henry,” archive of drawings made to illustrate a lost mining memoir, c. 1883-84. $30,000 to $40,000.
    <b>Swann Auction Galleries Mar 10:</b> [Bay Psalm Book], printed for Hezekiah Usher of Boston, Cambridge, c. 1648-65. $50,000 to $75,000.
    <b>Swann Auction Galleries Mar 10:</b> Book of Mormon, first edition, Palmyra, 1830. $40,000 to $60,000.
    <b>Swann Auction Galleries Mar 10:</b> <i>Noticia estraordinario,</i> probable first announcement in Mexico City of the fall of the Alamo, 1836. $40,000 to $60,000.
    <b>Swann Auction Galleries Mar 10:</b> Patrick Gass, first edition of earliest first-hand account of the Lewis and Clarke expedition, Pittsburgh, 1807. $6,000 to $9,000.
    <b>Swann Auction Galleries Mar 10:</b> Diploma from the Princeton Class of 1783, commencement attended by Washington & Continental Congress. $10,000 to $15,000.
    <b>Swann Auction Galleries Mar 10:</b> <i>Sprague Light Cavalry!</i> color-printed broadside, NY, 1863. $5,000 to $7,500.
    <b>Swann Auction Galleries Mar 10:</b> <i>The Lincoln & Johnson Union Campaign Songster,</i> Philadelphia, 1864. $3,000 to $4,000.
    <b>Swann Auction Galleries Mar 10:</b> Lucy Parsons, labor organizer, albumen cabinet card, New York, 1886. $800 to $1,200.
    <b>Swann Auction Galleries Mar 10:</b> Daniel L.F. Swift, journal as third mate on a Pacific Whaling voyage, 1848-1850. $3,000 to $4,0000.
    <b>Swann Auction Galleries Mar 10:</b> Two photos of Thomas Moran, Grand Canyon, silver prints, 1901. $1,500 to $2,500.
  • <b>Bonhams, Mar. 6:</b> Helvelius. Two Autograph Letters Signed to Francis Aston, Royal Society Secretary, noting his feud with Robert Hooke, 5 pp total, 1685. $70,000 to $100,000.
    <b>Bonhams, Mar. 6:</b> Newton, Isaac. Autograph manuscript on God, 4 pp, c.1710, "In the beginning was the Word...."?$100,000 to $150,000.
    <b>Bonhams, Mar. 6:</b> Beethoven's Ninth Symphony. First edition, first issue. Untrimmed copy in contemporary boards. $30,000 to $50,000.
    <b>Bonhams, Mar. 6:</b> Lincoln, Abraham. Signed photograph, beardless portrait with Civil War provenance. $80,000 to $120,000.
    <b>Bonhams, Mar. 6:</b> IMPEACHMENT. Original engrossed copy of the first Andrew Johnson impeachment resolution vote. $120,000 to $180,000.
    <b>Bonhams, Mar. 6:</b> Mucha, Alphonse. 11 original pencil drawings for?<i>Andelicek z Baroku,</i> "Litte Baroque Angel," Prague, 1929. $10,000 to $15,000.
    <b>Bonhams, Mar. 6:</b> Einstein, Albert. Annotated Galley Proofs for <i>The Meaning of Relativity.</i> 1921. $25,000 to $35,000.
    <b>Bonhams, Mar. 6:</b> Silverstein, Shel. Original maquette for <i>The Giving Tree,</i> 34 original drawings. $10,000 to $15,000.
    <b>Bonhams, Mar. 6:</b> Roth, Philip. Typed Manuscript with substantial autograph corrections for an unpublished sequel to <i>The Breast.</i> $10,000 to $15,000.
    <b>Bonhams, Mar. 6:</b> Taupin, Bernie. Autograph Manuscript, the original draft of lyrics for Elton John's "Candle in the Wind," 2 pp, 1973. $100,000 to $150,000.
    <b>Bonhams, Mar. 6:</b> HARVEY, WILLIAM. <i>De Motu Cordis et Sanguinis in Animalibus Anatomica Exercitatio.</i> Padua: 1643. $12,000 to $18,000.
    <b>Bonhams, Mar. 6:</b> CESALPINO, ANDREA. <i>Peripateticarum Quaestionum Libri Quinque.</i> Venice: 1571. $30,000 to $40,000.

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