Rare Book Monthly

Articles - November - 2015 Issue

Old Books On-line, The Words of an eBay Bookseller

6296052d-72de-4803-ac43-2ee326f5262e

Vincent Pannequin

Vincent Pannequin is a professional bookseller who closed down his physical bookstore, Dioscures, in 2013 to sell books exclusively on eBay.fr. A good move, as the last year of exploitation had been quite disappointing. Nowadays, his pseudonym Amaterasu55 (more than 3,000 sales and 99.8% of satisfied clients) is known among buyers, as his selection of books from the 18th and the 17th centuries is regularly updated with interesting books in good to very good condition. Though a touchy topic among booksellers, eBay is one of the best places to buy books in France. Indeed, the offer is important and the prices usually reasonable. Far from the “eBay craze” of the early years—when common books sold for unexpected prices— the market has regulated itself. But eBay.fr has just changed its classification and it might cause an important change in the business.

 Vincent Pannequin, when did you start selling books on eBay? I had an eBay account, Amaterasu55, before even opening my physical bookstore in 2002, but I was only buying with it. The name comes from a trip in Japan. “Amaterasu is the goddess of the Sun and “55” is a lucky number. At first, I only sold incomplete or defective books on eBay, those I couldn’t list in my catalogues. It took me a few years before I decided to sell nicer books.

How is the market on eBay today? The eBay market is good, better than a few years ago. But on the other hand you have so many new sellers, who list hundreds of books. As a result, the site is overcrowded and the good dealers are losing visibility.

What’s the difference with a physical bookshop? Ebay still has a very bad reputation among a few “regular” booksellers in France. How would you explain that? There is less and less difference. Of course the buyers can’t touch the books, but pictures make up for that. And I may add by experience that sometimes I prefer not to be in a bookstore to avoid unfriendly colleagues (laughter). Joke aside, I have the feeling that the book collectors who buy on eBay also go to the bookstores. And I think that eBay doesn’t have the very bad reputation it had few years ago when many booksellers saw it as unfair competition. Now I think they see eBay as a place to buy books between two auctions.

You told me that eBay is a touchy subject. Why? Maybe that was an old reflex...But somehow it is true that “regular” booksellers do not like to be known as buying on eBay. Maybe they consider it a less noble way to do business. But it changed a few years ago when some of them started to sell their stock on eBay under their real names, and that was a small revolution

What do you think of faked sales, or “disguised reserve prices”, on eBay? It does exist, I won’t deny it; but it is usually so obvious that you can see it right away. And I honestly think it doesn’t happen more on eBay than at physical auctions, where so many books are being sold over and over again...

It seems like prices on eBay are far lower than in “regular” bookshops. Do you agree? Do you think some books belong on eBay while others should be sold elsewhere? Yes, I do agree but only for the most common books, which booksellers refer to as the “small books.” For the others, I’m pretty sure that they sell for very good prices, such as the 1762 edition of Lafontaine’s Fables by Les Fermiers Généraux, which is always an eBay star. But for sure, books costing dozens of thousands of euros are not the most salable there, and I wouldn’t propose them myself. But it is a personal opinion and I know some dealers who do not hesitate; good for them, they are bold enough to do it.

It seems like eBay is growing less efficient as far as selling old books is concerned. Do you think it will stop being an interesting selling point one of these days? On eBay France, which in my opinion is the most important eBay place for rare books, I didn’t think it was less efficient until recently. Yesterday, the 13th of October, eBay France decided to regroup all rare books in a unique category and it is clearly a regression. (Indeed, it’s no longer possible to select books by centuries. Consequently, one has to go through hundreds of “books printed before 1900” before finding a book from the 18th century. Many buyers and sellers are currently urging eBay.fr to go back to the old formula but the website is not known for paying much attention to its users – editor’s note). This is no good news, and they took the decision without consulting anyone. I know a lot of people are already complaining as books have become quite hard to locate now.

What is your recipe to have a “good sale” on eBay? I always try to give the best description possible, or at least to point out all defects so that when the buyers receive their books, they think they look better than described. And of course I download a lot of pictures for each book; and good ones. I don’t mean artistic but informative ones. It takes a lot of time, but it is necessary in order to build a solid reputation.

What are the required skills for an eBay bookseller compared to a “regular” one? I do not think there are more or less skills to work on eBay.

You’re based in Ireland today. Is it a matter of taxes? Is it still interesting when you probably have to “import” your books, and then ship them back to France—with more expensive shipping fees? Nothing to do with taxes: my companion is Polish and was already working and living here; that was my main motivation. Life is less stressful here so I have no regrets. I do import most of my books from France, indeed, but it has become quite cheap and easy to work with online sites that discount couriers. For example a 20 kilos parcel costs 30€ only. Shipping fees are more expensive for my sales, yes; but the quality of my books makes up for it and buyers know it.

Is France your main market? Is it a specific market? France is my main market, indeed, as I mostly sell books written in French. It includes de facto Belgium and Switzerland. It is a specific market in the way that France is the place in the world where you will find the most book auctions—a few ones every day—and the largest number of book collectors. But eBay France attracts collectors and booksellers from all over the world and the USA is my second best market.

What do you think of Paypal? Paypal is a very useful tool as you are paid instantly but it has quite a cost (4 to 5% of the sales and shipping fees). And the downfall is that their customer service almost always sides with the buyers when there is a problem. They advertise a warranty for the buyer but it only consists of taking back the money from the seller.

What could eBay do to be more efficient as far as old books are concerned? EBay France should come back to the old system they had with sub-categories, where you could properly list your books. But if they come back to it—and nothing is sure, since they are well known to ignore their customers—they should clean all the rubbish like magazines or cheap modern books, that pollute the “rare books” section.

Thibault Ehrengardt


Posted On: 2019-08-13 08:41
User Name: joshuadollar

yes i agree


Rare Book Monthly

  • <center> <b>Leslie Hindman Auctioneers<br>Fine Books and Manuscripts Including Americana<br>November 6, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> RATZER, Bernard. <i>Plan of the City of New York in North America, surveyed in the years 1766 & 1767.</i> London: Jefferys and Faden, “Jan.y” 12, 1776. $80,000 to $120,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [KELMSCOTT PRESS]. COCKERELL, Sydney C. <i>Some German Woodcuts of the Fifteenth Century.</i> Hammersmith: The Kelmscott Press, 1897 [issued 1898]. $20,000 to $30,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [GOLDEN COCKEREL PRESS]. KEATS, John. <i>Lamia, Isabella, the Eve of Saint Agnes and Other Poems.</i> Waltham Saint Lawrence, Berkshire: The Golden Cockerel Press, 1928. $6,000 to $8,000
    <center> <b>Leslie Hindman Auctioneers<br>Fine Books and Manuscripts Including Americana<br>November 6, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [GRANT, Ulysses S.— GRANT, Julia, First Lady]. Carved Applewood and 18-karat Gold Jewelry Suite, Browne & Spaulding, Jewelers, New York City, 1865. $20,000 to $30,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [LINCOLN ASSASSINATION]. GARDNER, Alexander. <i>Incidents of the War |Sic Semper Sicariis</i> [caption title]. Washington, D. C.: Philip & Solomons, 1865. $5,000 to $7,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> A COMPLETE COLLECTION of 115 titles published in R. R. Donnelley's Lakeside Classics series. Chicago, 1903-2017. COMPLETE RUN OF THE LONGEST-RUNNING CONTINUOUS SERIES OF BOOKS IN THE WORLD. $5,000 to $7,000
    <center> <b>Leslie Hindman Auctioneers<br>Fine Books and Manuscripts Including Americana<br>November 6, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> GLEIZES, Albert. METZINGER, Jean. <i>Du Cubisme.</i> Paris, 1947. LIMITED EDITION, number 19 of 20 copies on papier d'Auvergne. $3,000 to $4,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [THE LITTLE REVIEW]. ANDERSON, Margaret, ed. POUND, Ezra, ed. HEAP, Jane, ed. <i>The Little Review.</i> Vol. I, No. 1 through Vol. XII, No. 2. 1914-1929. $3,000 to $4,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [MOUNTENEY, Leonard, binder]. LOUŸS, Pierre. <i>Songs of Bilitis.</i> Chicago: Argus Books, 1931. $2,000 to $3,000
    <b>Leslie Hindman Auctioneers, Nov. 6:</b> [HANCOCK, John]. Partly-printed U.S. Loan-Office Transfer Certificate issued on behalf of Hancock. Sgn’d on recto by William Imlay, as Commissioner of Loans of Connecticut. 28 February 1793. $2,000 to $3,000
  • <b>Bonhams, Oct. 23:</b> SMITH, CHRISTOPHER WEBB. 1793-1871. <i>Indian Ornithology.</i> [Patna, India]: 1828. $50,000 to $80,000.
    <b>Bonhams, Oct. 23:</b> DUPRÉ, LOUIS. 1789-1837. <i>Voyage à Athènes et à Constantinople, ou Collection de portraits, vues et costumes grecs et ottomans.</i> Paris: Dondey-Dupré, 1825. $60,000 to $90,000.
    <b>Bonhams, Oct. 23:</b> ADAMS, JOHN. Autograph Letter Signed ("J Adams"), [to Dr. Perkins?] while recovering from his small pox inoculation, [late-April, 1764]. $30,000 to $50,000.
    <b>Bonhams, Oct. 23:</b> AUSTEN, JANE. Autograph Letter Signed ("J. Austen"), to her sister Cassandra, 4 pp, "Thursday – after dinner," [September 16, 1813,] Henrietta St. $80,000 to $120,000.
    <b>Bonhams, Oct. 23:</b> AUDUBON, JOHN JAMES. 1785-1851. <i>The Birds of America, from Drawings Made in the United States and Their Territories.</i> New York & Philadelphia: J.J. Audubon & J.B. Chevalier, 1840-1844. $20,000 to $30,000.
    <b>Bonhams, Oct. 23:</b> DODWELL, EDWARD. 1767-1832. <i>Views in Greece.</i> London: Rodwell and Martin, 1821. $20,000 to $30,000.
    <b>Bonhams, Oct. 23:</b> JAMES, JESSE. Autograph Letter Signed ("Jesse W. James"), to Mr. Flood demanding Flood retract spurious accusations, 3 pp, June 5, 1875. $200,000 to $300,000.
    <b>Bonhams, Oct. 23:</b> DE CORDOBA, JACOB. <i>Map of the State of Texas.</i> New York, 1866. $15,000 to $20,000
    <b>Bonhams, Oct. 23:</b> ARNOLD, BENEDICT. Autograph bookseller's receipt for Dr. John Dickinson, Signed ("B. Arnold"), February 1767. $3,000 to $5,000.
    <b>Bonhams, Oct. 23:</b> EINSTEIN, ALBERT. 4 Typed Letters Signed ("A Einstein") to Cleveland E. Dodge offering early reports on the meetings of the Emergency Committee of Atomic Scientists. $10,000 to $15,000.
    <b>Bonhams, Oct. 23:</b> EISENHOWER, DWIGHT D. Typed Letter Signed ("Dwight D. Eisenhower") to General Henri Giraud written from a secret bunker in Gibraltar on the eve of Operation Torch, November 4 [but 6], 1942. $10,000 to $15,000.
    <b>Bonhams, Oct. 23:</b> Early Broadside Printing of the GADSDEN PURCHASE, Puebla, August 16, 1854. $2,000 to $3,000.
    <b>Bonhams, Oct. 23:</b> ALLEN, ETHAN. Autograph Letter Signed to Crevecouer during the Constitutional Debates in Congress, 2 pp, August 29, 1787. $30,000 to $50,000.
  • <center><b>Leslie Hindman Auctioneers<br>Library of a Midwestern Collector<br>November 5, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> DARWIN, Charles. <i>On the Origin of Species.</i> London John Murray, 1859. FIRST EDITION. THE VERY FINE MELLON-GARDEN COPY. $120,000 to $180,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> ECKERT, J. P, H. H. GOLDSTINE, and J. G. BRAINERD. <i>Description of the ENIAC and comments on electronic digital computing machines.</i> N.p., 1945. FIRST EDITION, INSCRIBED BY GOLDSTINE. $5,000 to $7,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> EUCLID. <i>Elementa geometriae.</i> Translated from the Arabic by Adelard of Bath. Venice: Erhard Ratdolt, 25 May 1482. FIRST EDITION. $60,000 to $80,000
    <center><b>Leslie Hindman Auctioneers<br>Library of a Midwestern Collector<br>November 5, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> [HAMILTON, Alexander, James MADISON and John JAY]. <i>The Federalist: A Collection of Essays…</i> New York: John and Andrew M'Lean, 1788. FIRST EDITION. $60,000 to $80,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> GALILEI, Galileo. <i>Dialogo...Dove ne i congressi di quattro giornate si discorre sopra i due massimi sistemi del mondo Tolemaico, e Copernicano.</i> Florence, 1632. FIRST EDITION. $30,000 to $40,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> JOYCE, James. <i>Ulysses.</i> Paris: Shakespeare and Company, 1922. FIRST EDITION, ONE OF 100 COPIES SIGNED BY JOYCE. $120,000 to $180,000
    <center><b>Leslie Hindman Auctioneers<br>Library of a Midwestern Collector<br>November 5, 2019</b>
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> KEYNES, John Maynard. <i>The General Theory of Employment Interest and Money.</i> London: Macmillan, 1936. FIRST EDITION. $5,000 to $7,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> NEWTON, Isaac, Sir. <i>Philosophiae naturalis principia mathematica.</i> London: Joseph Streater for the Royal Society, 1687. FIRST EDITION. $150,000 to $250,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> ROWLING, J. K. <i>Harry Potter and the Philosopher's Stone.</i> London: Bloomsbury, 1997. FIRST EDITION, SIGNED BY ROWLING. $80,000 to $120,000
    <b>Leslie Hindman Auctioneers, Nov. 5:</b> SMITH, Adam. <i>An Inquiry into the Nature and Causes of the Wealth of Nations.</i> London: for W. Strahan and T. Cadell, 1776. FIRST EDITION. $70,000 to $90,000
  • <b>Swann Auction Galleries Oct 24:</b> Sir Isaac Newton, <i>Opticks,</i> first edition, first issue, London, 1704. $15,000 to $25,000.
    <b>Swann Auction Galleries Oct 24:</b> Johannes Jacobus Canis, <i>De modo studendi in utroque iure,</i> first edition, Padua, 1476. $6,000 to $9,000.
    <b>Swann Auction Galleries Oct 24:</b> Pope Clemens V, <i>Constitutiones,</i> Nuremberg, 1482. $2,500 to $3,500.
    <b>Swann Auction Galleries Oct 24:</b> Nicolaus Panormitanus de Tudeschis, <i>Lectura super V libris Decretalium,</i> Basel, 1480-81. $5,000 to $7,000.
    <b>Swann Auction Galleries Oct 24:</b> Michael Faraday, <i>Experimental Researches in Electricity,</i> complete set, first editions, London, 1832-56. $3,000 to $4,000.
    <b>Swann Auction Galleries Oct 24:</b> William Gilbert, <i>Tractatus sive physiologia nova de magnete,</i> Sedini, 1628. $3,000 to $5,000.
    <b>Swann Auction Galleries Oct 24:</b> John Bulwer, <i>Philocophus,</i> first edition of the first book in English on the deaf, London, 1648. $1,000 to $2,000.
    <b>Swann Auction Galleries Oct 24:</b> James Cook, complete set, 9 volumes, London, 1773-84. $10,000 to $15,000.
    <b>Swann Auction Galleries Oct 24:</b> Nicolaus Bertrand, <i>Opus de Tholosano[rum] Gestis ab Urbe Condita,</i> with the earliest known view of the city of Toulouse, 1515. $2,000 to $3,000.

Article Search

Archived Articles

Ask Questions