Rare Book Monthly

Articles - December - 2005 Issue

Abebooks Purchases BookFinder, Looks to the Future

Abfinder

Abebooks has purchased the venerable BookFinder search site.


By Michael Stillman

Abebooks announced this past month the purchase of book meta-search engine BookFinder.com. BookFinder searches the listings of dozens of online sites, including Abebooks and its numerous competitors, such Alibris, Biblio, Amazon, Half.com, and a couple of dozen smaller sites. All are treated equally. In operation since 1997 (antiquity for the internet), it is a very helpful and well-respected site among those with a need or passion for locating old books. Though small, with only two full-time employees, BookFinder brings a prestigious reputation beyond its size to new owner Abebooks.

BookFinder earns its living through commissions paid by the sites it searches when they deliver a buyer. It is reported to be a profitable site, but not of such wealth as to be able to fund major new projects. For BookFinder, access to Abebooks' greater resources makes perfect sense. Both sites require the capacity to do enormous searches through huge databases in split-second timing. Abebooks brings with it the financial ability to meet these needs as technology continues to develop at lightening speed in the years ahead. While no indications of price were released, the purchase undoubtedly made financial sense to BookFinder CEO/co-founder Anirvan Chatterjee too.

The logic for Abebooks is not quite so readily clear. It is a purchase that both makes eminent sense and is somewhat puzzling. The logic is that both sites' purpose is to help people locate old or rare books online. What is less obvious is how owning BookFinder helps Abe's current operations.

Abe's dealers were left scratching their heads as to what, if any, difference this would mean to them. How this might affect Abe's booksellers is not clear. In the release announcing the purchase, Abebooks' CEO Hannes Blum is quoted as saying, "Our goal is to help booklovers find and buy any book from any bookseller anywhere, so the acquisition of BookFinder.com makes perfect sense." That's one of those general statements that really doesn't tell us a lot. Certainly Abe's mission is to help buyers find books, but even more importantly, Abe's mission, like that of any other business, is to make a profit. Sending customers to Amazon or Alibris doesn't seem terribly consistent with this purpose, other than for the immediate commission earned on the sale.

We asked Abe's Public Relations manager Richard Davies how bringing BookFinder into the fold would help their sellers. He answered, "The online bookselling sector is extremely competitive and we are very aware we cannot afford to stand still. This deal makes Abebooks stronger within the bookselling community and ultimately it will make us better able to serve booksellers. BookFinder.com is profitable and has tremendous potential to be even more successful, plus both BookFinder.com and Abebooks are dedicated to supporting independent sellers, so the deal makes perfect sense to us." Abebooks evidently feels that the purchase makes them a stronger company, and a stronger Abebooks is better for its dealers, but it's still understandable if those dealers find the answer a bit vague.

Rare Book Monthly

  • <b>Swann Auction Galleries, May 12:</b> <i>Westvaco–Inspirations for Printers,</i> 3 volumes, 1938-61. $200 to $300.
    <b>Swann Auction Galleries, May 12:</b> Proef van Letteren, <i>Welk gegooten worden in de Nieuwe Haerlemsche Lettergietery,</i> 1768. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Paul Klee, <i>Bauhaus Ausstellung Juli – Sept.,</i> Weimar, 1923. $4,000 to $6,000.
    <b>Swann Auction Galleries, May 12:</b> Michel Seuphor & Jozef Peeters, <i>Het Overzicht Nos.</i> 22-23-24, Antwerp, 1922. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Wolfrum & Co., <i>Modern Graphik, Serie I…,</i> complete portfolio, 1909. $1,200 to $1,800.
    <b>Swann Auction Galleries, May 12:</b> <i>Gravure et Fonderie deC. Derriey: Specimen-Album,</i> Paris, 1862. $5,000 to $7,500.
  • <center><b>Hindman Auctions<br>Fine Books & Manuscripts,<br>Including Americana<br>Live and Online<br>May 12, 2021</b>
    <b>Hindman Auctions, May 12:</b> CURRIER and IVES, publishers -- After Frances F. Palmer. The Rocky Mountains. Emigrants Crossing the Plains, 1866. $10,000 to $15,000.
    <b>Hindman Auctions, May 12:</b> [BIBLE, in English]. <i>The New Testament of Jesus Christ, translated faithfully into English.</i> Rheims, 1582. $6,000 to $8,000.
    <b>Hindman Auctions, May 12:</b> [BIBLE, in Latin]. <i>Biblia latina.</i> Venice: Franz Renner of Hailbrun [Heilbrunn], 1483. $3,000 to $4,000.
    <center><b>Hindman Auctions<br>Fine Books & Manuscripts,<br>Including Americana<br>Live and Online<br>May 12, 2021</b>
    <b>Hindman Auctions, May 12:</b> SHELLEY, Percy Bysshe (1792-1822). Autograph letter signed ("P. B. S."), to Charles Ollier. Florence, Italy, 15 December 1819. “MY PROMETHEUS IS THE BEST THING I EVER WROTE.” $3,000 to $4,000.
    <b>Hindman Auctions, May 12:</b> RAMSAY, David (1749-1815). <i>The History of the Revolution of South-Carolina…</i> Trenton: Isaac Collins, 1785. $3,000 to $4,000.
    <b>Hindman Auctions, May 12:</b> [BINDINGS]. MUIR, John (1838-1914). <i>The Writings of John Muir.</i> Boston and New York: Houghton Mifflin Company, 1916-1924. 10 vols. $2,000 to $3,000.
    <center><b>Hindman Auctions<br>Fine Books & Manuscripts,<br>Including Americana<br>Live and Online<br>May 12, 2021</b>
    <b>Hindman Auctions, May 12:</b> [CHICAGO] -- <i>Park & Guide Map of Chicago.</i> Chicago: Jas. Van Vechten, 1873. $2,000 to $3,000.
    <b>Hindman Auctions, May 12:</b> CURRIER and IVES, publishers -- After Frances F. Palmer. $2,000 to $3,000.
    <b>Hindman Auctions, May 12:</b> [ALLEN PRESS]. SHAKESPEARE, William (1564-1616). <i>Romeo and Juliet.</i> Greenbrae: Allen Press, 1988. $1,000 to $1,500.
    <center><b>Hindman Auctions<br>Fine Books & Manuscripts,<br>Including Americana<br>Live and Online<br>May 12, 2021</b>
    <b>Hindman Auctions, May 12:</b> BEMELMANS, Ludwig (1898-1962). Pencil drawing on paper. 247 x 198 mm, sight, matted and framed. Showing a child shooting at a baby's balloon. $1,000 to $1,500.
    <b>Hindman Auctions, May 12:</b> [LOGAN ELM PRESS]. HARVEY, Rebecca. <i>Any Number of Things.</i> Ohio State University, 2013. Single sheet paper scroll. $800 to $1,200.
    <b>Hindman Auctions, May 12:</b> BINYON, Laurence (1869-1943). A small archive of letters and pamphlets. $200 to $300.
  • <b><center>Sotheby’s<br>Bibliothèque littéraire<br>Hubert Heilbronn<br>11 May 2021</b>
    <b>Sotheby’s May 11:</b> Breton, André. <i>Nadja.</i> Paris, N.R.F., Gallimard, 1928. €15,000 to €20,000.
    <b>Sotheby’s May 11:</b> [Stendhal, Henri Beyle dit]. <i>Le Rouge et le Noir,</i> chronique du XIXe siècle. Paris, Levavasseur, 1831. €20,000 to €30,000.
    <b>Sotheby’s May 11:</b> Dumas, Alexandre. <i>Les Trois mousquetaires.</i> 1844. 8 vols. In 4. Paris, Baudry, 1844. €30,000 to €50,000.
    <b>Sotheby’s May 11:</b> Mallarmé, Stéphane -- Edgar Allan Poe. <i>Les Poèmes d’Edgar Poe.</i> Bruxelles, Edmond Deman, 1888. €18,000 to €25,000.
    <b>Sotheby’s May 11:</b> Proust, Marcel. <i>Le côté de Guermantes II. Sodome et Gomorrhe I. [and] Sodome et Gomorrhe II.</i> Paris, N.R.F., 1921 et 1922. €20,000 to €30,000.

Article Search

Archived Articles

Ask Questions