Rare Book Monthly

Articles - April - 2013 Issue

To Co-Op or Not to Co-Op

Booktown. Photo by Rinn Wright.

Booktown. Photo by Rinn Wright.

The combination of fourteen different dealers with fourteen different ideas of how a co-op should function makes for some interesting meetings and discussions. It works thusly; every book is coded and priced by each bookseller. One might find six copies of a book in six different booths at six different prices, or only one book in the entire place dealing with some weird, eclectic subject. Most dealers have a specialty that they feature and then carry other genres as well. For instance, we have one fellow who only has military books. One dealer loves antiquarian and “seldom found” books. One dealer carries an incredible selection of graphic novels, comic books, and related art books. Another dealer only carries unique or scarce LP records and CDS. My category specialties are Remarkable Women in History, Metaphysical (or I call them Woo Woo) books, Western Americana and Native American books, but I also have lots of others. There is one communal display case and one glass case downstairs in the main room with lots of shelves where dealers rotate their displays monthly. There are also several spinner racks and a table in front where special books are offered on rotation.

There is a rare book room downstairs, a recent innovation, and another in the hall upstairs in back of my booth. These areas hold cabinets with the crème de la crème securely locked up. The general overall stock is of a mid- to low- price range with lots of great sales going on in different booths. It is kind of a pain to keep track of who has what sale at any particular moment, but we work it out. Collectors often come in looking for something special and if one of us doesn’t have it, someone else probably does. One never knows what one might find if one looks hard enough. Name a category; there is probably at least one book to fill it!

Many people bring in books to sell. Whichever dealers are on the desk on any given day, have first choice of books that come in the door. There are usually at least one or two dealers beside the ones on duty who catch up any stray books that the first dealers turn down.

Maybe the big benefit to the co-op system is that we don’t have the expense of hiring help because we take turns working, two at a time, in the store. There is no money going out the door for benefits and wages. Each dealer works a required number of hours a month computed on how much space that particular dealer has, and rents are also calculated on occupied space. Booths are all different sizes and if one dealer wants more than one booth, then he or she will pay the rent on that additional space. Who gets what newly opened space is determined by who is next on the list. If a booth is empty, it is not so good, as the rest of the dealers have to split the rent on that space to pay the landlord until the space is filled, but that doesn’t happen too often.

Rare Book Monthly

  • 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: Bram Stoker. Dracula. Westminster: Archibald Constable & Co., 1897.
    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…
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