Abe Increases Rates;<br>Alibris is Going Public.<br>What’s Next for the Book Sites?
- by Michael Stillman
Making sense? Abe will be collecting three more cents per dollar on sales for a total of eight.
By Michael Stillman
Two significant announcements were made this past month concerning the online bookselling sites. The one which garnered the most attention came from Abebooks, which announced it was raising the commissions it charges on sales by 3%. Formerly at 5%, the new charge is 8% (plus a monthly listing fee based on the number of books the seller posts).
The reaction from booksellers was fast and predictable. No one likes their costs to rise. While Abe may be a bargain compared to Alibris or Amazon, with commissions of 20% and 15% (but without posting fees), booksellers were quick to point out that this represents a 60% increase. After all, it was not that long ago that Abe charged no commissions at all, only the flat, not very expensive monthly listing fees.
The message boards quickly lit up with complaints, anger, and threats to leave Abe. Probably few will follow through. Unless they have an alternative, anyone doing a substantial business on Abe will only hurt themselves by leaving. Those not doing a substantial business don’t make much difference to Abe anyway. The short-term effect will probably be minimal. The more interesting question is what will the long-term effect be. The internet turned the staid old business of bookselling on its head a few years ago. Now the internet bookselling business is in the throws of major changes itself. Who will emerge as winners and losers is as yet unknown. Abe is in a pitched battle with some powerful foes. It is the leader, the biggest fish in its pond, but it is swimming with sharks. Some of those sharks are very large, and a few are killer sharks. They will have to be very good in the years ahead to retain their leadership. This is just one step in preparing for the future. Only time will tell whether it was the right step or a misstep.
This is a point booksellers need to remember. Abe is a business in a very competitive world. They need to do what is best for themselves. Booksellers may not like increased costs. The book collecting community may not like it either. Eventually, costs get passed on, and increased commissions for middlemen ultimately hurt both those who buy and those who sell. Nevertheless, Abe must act in its own self-interest. The only question is whether this move is in its best interests. Only from hindsight will we be able to answer this question.
Bonhams, Dec. 8-18: Autograph Letter Signed ("Martinus Luther") to His Friend the Theologian Gerhard Wiskamp ("Gerardo Xantho Lampadario"). $100,000 - $150,000.
Bonhams, Dec. 8-18: An Exceptionally Fine Copy of Austenís Emma: A Novel in Three Volumes. $40,000 - $60,000.
Bonhams, Dec. 8-18: Presentation Copy of Ernest Hemmingwayís A Farewell to Arms for Edward Titus of the Black Mankin Press. $30,000 - $50,000.
Bonhams, Dec. 8-18: Autograph Manuscript Signed Integrally for "The Songs of Pooh," by Alan Alexander. $30,000 - $50,000.
Bonhams, Dec. 8-18: Autograph Manuscript of "Three Fragments from Gˆtterd‰mmerung" by Richard Wagner. $30,000 - $50,000.
Bonhams, Dec. 8-18: Original Preliminary Artwork, for the First Edition of Snow Crash. $20,000 - $30,000.
Bonhams, Dec. 8-18: Autograph Letter Signed ("T.R. Malthus") to Economist Nassau Senior on Wealth, Labor and Adam Smith. $20,000 - $30,000.
Bonhams, Dec. 8-18: History of the Peloponnesian War by Thucydides Finely Bound by Michael Wilcox. $20,000 - $30,000.
Bonhams, Dec. 8-18: First Edition of Lewis and Clark: Travels to the Source of the Missouri River and Across the American Continent to the Pacific Ocean. $8,000 - $12,000.
Bonhams, Dec. 8-18: Original Artwork for the First Edition of Neal Stephenson's Groundbreaking Novel Snow Crash. $100,000 - $150,000.
Bonhams, Dec. 8-18: A Complete Set Signed Deluxe Editions of King's The Dark Tower Series by Stephen King. $8,000 - $12,000.
Bonhams, Dec. 8-18: Autograph Letter Signed ("John Adams") to James Le Ray de Chaumont During the Crucial Years of the Revolutionary War. $8,000 - $12,000.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 17: Francesco Colonna. Hypnerotomachie, Paris, 1546, Parisian calf by Wotton Binder C for Marcus Fugger. €200,000 to €300,000.
Sotheby’s, Dec. 17: Nausea. De principiis dialectices Gorgias, and other works, Venice, 1523, morocco gilt for Cardinal Campeggio. €3,000 to €4,000.
Sotheby’s, Dec. 17: Billon. Le fort inexpugnable de l'honneur, Paris, 1555, Parisian calf gilt for Peter Ernst, Graf von Mansfeld. €120,000 to €180,000.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 16: Salinger, J.D. The Graham Family archive, including autographed letters, an inscribed Catcher, a rare studio photograph of the author, and more. $120,000 to $180,000.
Sotheby’s, Dec. 16: [Austen, Jane]. A handsome first edition of Sense and Sensibility, the author's first novel. $60,000 to $80,000.
Sotheby’s, Dec. 16: Massachusetts General Court. A powerful precursor to the Declaration of Independence: "every Act of Government … without the Consent of the People, is … Tyranny." $40,000 to $60,000.
Heritage Auctions Rare Books Signature Auction December 15, 2025
Heritage, Dec. 15: John Donne. Poems, By J. D. With Elegies on the Author's Death. London: M[iles]. F[lesher]. for John Marriot, 1633.
Heritage, Dec. 15: Edgar Rice Burroughs. Tarzan of the Apes.
Heritage, Dec. 15: F. Scott Fitzgerald. Tender is the Night. A Romance.
Heritage, Dec. 15: Jerry Thomas. How to Mix Drinks, or the Bon-Vivant's Companion, Containing Clear and Reliable Directions for Mixing All the Beverages Used in the United States…