Rare Book Monthly

Articles - February - 2004 Issue

Profit & Pleasure: The Bookseller as Publisher

We recently reprinted George Witton’s Scapegoats of the Empire (1907) in all three formats

We recently reprinted George Witton’s Scapegoats of the Empire (1907) in all three formats


By Renée Magriel Roberts

Cape Cod, Harwich Port. About a year ago I was selling a very hard-to-find copy of Britt-Mari Näsström’s Freyja, Goddess of the North to a customer and found the book — how should I describe this? — sticking to my hands. You know the feeling — you’re happy to have the sale, but you realize that you’ll probably never see the book again. I expect that any closet bibliophile/bookseller who has ever dealt with rare books has had the same twinge, felt the same mixed emotions.

Profitability in our area of bookselling usually hinges upon locating truly rare books. There is always a buyer for these books, especially if they are in very good condition. It is always nice to stumble upon these titles at public sales, but with the proliferation of new and amateur buyers who are using the Internet, such finds are becoming ever more scarce. We routinely buy books to upgrade the quality of our inventory, but we see the cost of such investment steadily rising.

In any event, while handling that book on Freyja I experienced a bit of an epiphany: I realized that there were buyers out there who would certainly be interested in the book’s content, and would actually prefer a lower price to a first edition. The more I thought about it, the more attractive the prospect became — isn’t it a bookseller’s dream to have a monopoly on a particular book, as one would have if working with a live author? In the case of rare books, why not copy them before letting the only existing example out of one’s hands? In any event, we contacted Näsström, who (as it happened) had a revised MS in preparation, and we are now the publisher of her book.

For a bookseller selling exclusively over the Internet, the beauty of combining publishing with sales is also obvious. While publishers have to deeply discount books to distributors to get them in retail bricks-and-mortar stores, an Internet bookseller can sell the book at retail, while buying (printing) it at cost. And it’s like printing money; when you need more books to sell, you can just print them.

We made some other decisions critical to our particular clientele and product mix. We decided to focus on high-value scholarly non-fiction in areas where I had some experience, interest and familiarity — history, mythology, literary criticism, religion, the arts, etc, and avoid such fields as the hard sciences. We decided to avoid mass market areas, like popular novels, exposés, and mysteries — books that require a good deal of marketing to create demand. Because our space is very limited, we also decided to publish books in very small quantities, depending upon a higher than usual retail price, rather than having more moderate pricing, but much larger quantities to warehouse and handle. We are not quite print-on-demand, but we’re close to it.

Rare Book Monthly

  • Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Th. McKenney & J. Hall, History of the Indian tribes of North America, 1836-1844. Est: €50,000
    Ketterer, May 26: Biblia latina vulgata, manuscript on thin parchment, around 1250. Est: €70,000
    Ketterer, May 26: M. Beckmann, Fanferlieschen Schönefüßchen, 1924. Est: €10,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: A. Ortelius, Theatrum orbis terrarum, 1574. Est: €50,000
    Ketterer, May 26: M. S. Merian, Eurcarum ortus, alimentum et paradoxa metamorphosis, 1717-18. Est: €6,000
    Ketterer, May 26: PAN, 9 volumes, 1895-1900. Est: €12,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Breviarium Romanum, Latin manuscript, 1474. Est: €15,000
    Ketterer, May 26: Quran manuscript from the Saadian period, Maghreb, 16th century. Est: €10,000
    Ketterer, May 26: E. Hemingway, The old man and the sea, 1952. First edition in first issue jacket. Presentation copy. Est: €3,000
    Ketterer Rare Books
    Auction May 26th
    Ketterer, May 26: Flavius Vegetius Renatus, De re militari libri quatuor, 1553. Est: €3,000
    Ketterer, May 26: K. Marx, Das Kapital, 1867. Est: €30,000
    Ketterer, May 26: Brassaï, Transmutations, 1967. Est: €6,000
  • Doyle
    The Collection of Mary Tyler Moore
    June 4, 2025
    DOYLE: Peter Max, Portrait of Mary Tyler Moore (Versions 1,2, 5, 6), 2001. Estimate $10,000-15,000
    DOYLE: The iconic screen-used wall-mounted "M" from The Mary Tyler Moore Show. Estimate $5,000-8,000
    DOYLE: The Mary Tyler Moore Show by Al Hirschfeld. Estimate $4,000-6,000
    Doyle
    The Collection of Mary Tyler Moore
    June 4, 2025
    DOYLE: Annie Leibovitz presents Mary Tyler Moore and Dick Van Dyke for Vanity Fair. Estimate $4,000-6,000
    DOYLE: Al Hirschfeld presents Mary Tyler Moore and Dick Van Dyke in the CBS Wednesday Night Lineup. Estimate $4,000-6,000
    DOYLE: Richard McKenzie, Portrait of Mary Tyler Moore. Estimate $1,000-2,000
    Doyle
    The Collection of Mary Tyler Moore
    June 4, 2025
    DOYLE: Three Original Bill Hargate Costume Designs for The Mary Tyler Moore Hour. Estimate $600-800
    DOYLE: The famous Bonnie and Clyde "Wanted" broadside. Estimate $500-800
    DOYLE: Ticket to the Final Episode of the Mary Tyler Moore Show Estimate $400-600
  • Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
    Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
    Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
    Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
    Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
    Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
    Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
    Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR

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