Rare Book Monthly

Articles - May - 2005 Issue

First Catalogues

Most dealers last a generation or less.


Undoubtedly two or three elements in the bookseller - book buyer equation are going to change. The dealer research premiums, however justified by the work, have not stood up and are not going to stand up. Enough collectors are willing to camp out on dealer research and then buy cheaper copies elsewhere to continue to undermine the premiums that research requires. These days, a dealer who prepares an elaborate explanation of an item can expect to see suspiciously similar descriptions soon posted from other dealers offering the same item. Even when competing dealers don't paraphrase the description their copy will come up in the searches nearby the well researched copy to tempt a buyer to read the better description and then buy the cheaper copy. The seller may know next to nothing but for many buyers price is everything.

I myself often buy less expensive copies. I tend to do my own research and to find material in obscure places. I've just bought ten items on eBay after buying about a hundred items on ABE over the past several months. I find I tend to know more about the material I acquire than the seller's do although this is not always the case. I do understand "frequency of appearance" as well as anyone and I know when to wait. Between eBay, the net and dealer catalogues there is a relative value scale although it is different for every book. In buying this way I'm probably just a little ahead of the curve but I speak to collectors all the time that understand the market as well or better than I do. Such collectors need less from skilled dealers. They are however a small minority.

For new collectors entering the field the careful and painstaking work that the better dealers do is essential. However, with fewer catalogues offered, the best tool for educating and encouraging collectors is increasingly in short supply; one reason there are not enough new collectors entering the field. Whether there are other ways to effectively educate the new collector remains to be seen. One thing is for sure though. The internet has changed the business more in the past ten years than it changed during the prior five hundred.

Rare Book Monthly

  • Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: U.S. / European Shipping Archive 1800-1814. The Widow Bermingham & Sons Collection. €7,000 to €10,000.
    Fonsie Mealy’s, July 30-31: Bunreacht na hÉireann. Constitution of Ireland. An important copy of the First Printing of De Valera’s new Constitution, approved in 1938. Signed by the Constitution Cabinet. €7,000 to €9,000.
    Fonsie Mealy’s, July 30-31: A Rare Complete Run of the Cuala Press Broadsides. €7,000 to €9,000.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Grose (Francis). The Antiquities of Ireland, 2vols. folio London (for S. Hooper) 1791. Magnificent Hand-Coloured Copy - Only 25 Copies. €3,000 to €5,000.
    Fonsie Mealy’s, July 30-31: Cantillon (Richard). Essai sur la Nature du Commerce en General, Traduit de l'Anglois, Sm. 8vo London (Fletcher Gyles) 1756. €3,000 to €4,000.
    Fonsie Mealy’s, July 30-31: Gregory, (Lady Augusta). Spreading the News: The Rising of the Moon: The Poorhouse (with Douglas Hyde). Being Vol. IX of the Abbey Theatre Series. €3,000 to €4,000.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Lavery (Lady Hazel). A moving series of three A.L.S. and a Telegram to Gen. Eoin O'Duffy, July-August 1927, expressing her grief at the death of Kevin O'Higgins. €3,000 to €4,000.
    Fonsie Mealy’s, July 30-31: Dampier (Wm.) Nouveau Voyage Autour du Monde, ou l'on descrit en particulier l'Isthme de l'Amerique…, 2 vols. in one, Amsterdam, 1698. €800 to €1,200.
    Fonsie Mealy’s, July 30-31: Howell (James). Instructions for Forreine Travel Shewing by what Cours, and in what Compasse of Time…, London, 1642. €800 to €1,200.
    Fonsie Mealy’s
    Summer Rare Book
    & Collectors’ Sale
    July 30-31, 2024
    Fonsie Mealy’s, July 30-31: Rowling (J.K.) Harry Potter and the Philosopher's Stone, 8vo, L. (Bloomsbury) 1999, First Edn., First Printing of Deluxe Collectors Edn. Signed. €800 to €1,200.
    Fonsie Mealy’s, July 30-31: James (Wm.) A Full and Correct Account of the Military Occurrences of The Late War Between Great Britain and The United States of America. 2 vols. Lond. 1818. €650 to €900.
    Fonsie Mealy’s, July 30-31: The Laws of the United States, Published by Authority, 3 vols. Philadelphia (Richard Folwell) 1796. €600 to €800.
  • Sotheby’s, July 11: Galileo, Document annotated and signed by Galileo, dated Padua, 1595. £500,000 to £700,000.
  • Bonhams, July 15-25: THE AUTOGRAPH COLLECTION OF ISRAEL WITKOWER. $8,000 - $12,000
    Bonhams, July 15-25: GEORGE WASHINGTON SIGNED DISCHARGE. June 9, 1783. $8,000 - $12,000
    Bonhams, July 15-25: "Shhhhh!" A DAVID SHANNON ILLUSTRATION FROM DAVID GETS IN TROUBLE. $2,500 - $3,500
    Bonhams, July 15-25: PICASSO, PABLO. Le Carmen des Carmen. Paris, 1964. $2,000 - $3,000
    Bonhams, July 15-25: RARE AUTOGRAPH OF AMERICAN NAVAL HERO CAPTAIN JAMES MUGFORD. $2,000 - $3,000
    Bonhams, July 15-25: KARA WALKER SILHOUETTES FOR TONI MORRISON'S FIVE POEMS. $2,000 - $3,000
    Bonhams, July 15-25: FIRST APPEARANCE OF PINOCCHIO IN ENGLISH. COLLODI, CARLO.New York, 1892. $2,000 - $3,000
    Bonhams, July 15-25: BONAPARTE, JOSEPHINE. Autograph Note (unsigned) in French. $1,000 - $1,500
    Bonhams, July 15-25: FROST ON MATTHEW ARNOLD.Autograph Letter Signed to Adams, July 27, 1934. $800 - $1,200
    Bonhams, July 15-25: ELIAS BOUDINOT'S COPY OF BARLOW'S COLUMBIAN EPIC. $800 - $1,200
    Bonhams, July 15-25: A SIGNED HART CRANE BROOKLYN BRIDGE POSTCARD TO EDWARD DAHLBERG. $600 - $800
    Bonhams, July 15-25: A STOCK CERTIFICATE SIGNED BY THE "QUEEN OF WALL STREET," HETTY GREEN. $700 - $900

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