Rare Book Monthly

Articles - March - 2006 Issue

ABE -- To The Summit And Back

Some of the "summits" near Abe's home in Vancouver


By Michael Stillman

Abebooks held their much ballyhooed dealer summit early last month. It's not clear what their purpose was in holding the summit, but if it was to relieve the tensions that have developed over the past year between the site and some of its dealers, it was probably not a huge success. Abe started with an announcement that they would be taking over the processing of all credit card orders made through the site. Previously, dealers had the option to use Abe's services or their own. Processing through Abe is now mandatory. What upset dealers even more was the fee: 5 1/2%. Few booksellers are paying anything like 5 1/2% to process their credit cards. While Abe's cost is not publicly known, large users generally pay 1%-1 1/2% for card processing. It is hard not to see this as a 3% or 4% price increase.

Not surprisingly, this development overshadowed anything else that might arise from the summit. There were other issues, such as multiple listings by large sellers, books on demand reprints listed so as to appear in searches for original material, and visibility of dealer contacts. However, money trumps everything, and a transfer of a few percentage points from the booksellers' pockets to Abe's did not set well with the former. Nevertheless, this is more than a simple rate increase. Underlying it all are the changes taking place in the relationship between Abe and its dealers, particularly its older ones. For them, it is a painful transition.

The evolution of Abe has been difficult for many of its earliest sellers. They saw Abe as something of a family, a bookselling site run by book people. Everyone on both sides of the aisle knew and appreciated books and the trade. Everyone was part of a bookselling fraternity that had developed literally over centuries. Abe was the successor to AB Bookman, a technological step forward but still part of a long bookselling tradition.

Ultimately, this was not to be. Perhaps it couldn't. The traditional world of bookselling, based upon personal relationships, was no more immune to changes in the marketplace than any other Main Street business. We, as a people, talk about relationships and service, but we buy based on price and cookie-cutter familiarity. We hate Wal-Mart, even fight to keep it out of our communities, but when it opens, we shop there. Here's another example. Do you remember the tasty hamburgers they used to sell at the lunch counters in your local drug store (this one is for the oldtimers)? So why do we buy the atrocities they sell at McDonald's instead? Price and familiarity. When we travel, we eat at the same restaurants and sleep in the same motels we find in our hometowns. You'd think we never left. The trade for new books long ago succumbed to the large, impersonal look-alike chains. The old book trade is not immune.

Rare Book Monthly

  • Gonnelli
    Auction 51
    Antique prints, paintings and maps
    May 14st 2024
    Gonnelli: Leonard Bramer, The descent from the cross, 1634. Starting price 3200€
    Gonnelli: Gustav Hjalmar de Morner Karel, Rome’s Carnival, 1820. Starting price 1000€
    Gonnelli: Various Authors, Mater Dolorosa, 1700. Starting price 200€
    Gonnelli: Giovanni Battista Piranesi, Carcere Oscura, 1790. Starting price 180€
    Gonnelli: Jan Brueghel, Marine fauna view, 1620 ca. Starting price 28000€
    Gonnelli: Ippolito Scarsella, Mary and Christ with Sant Rocco and Arch-Angel Michele,1615. Starting price 8000€
    Gonnelli: Hans Sebald Beham, Adam and Eve, 1543. Starting price 600€
    Gonnelli: Francesco Burani, Baccanale, 1630. Starting Price 280€
    Gonnelli: Giuseppe Maria Mitelli, Plance from Ventiquattr’ore, 1675. Starting price 800€
    Gonnelli: Giuseppe Angeli, Livorno’s Plan, 1793. Starting price 240€
    Gonnelli: XIV Century Artist, Capital “N” letter, 1350 ca. Starting price 340€
  • Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Winston Churchill. The Second World War. Set of First-Edition Volumes. 6,000 USD
    Sotheby’s, Available Now: A.A. Milne, Ernest H. Shepard. A Collection of The Pooh Books. Set of First-Editions. 18,600 USD
    Sotheby’s, Available Now: Salvador Dalí, Lewis Carroll. Alice's Adventures in Wonderland. Finely Bound and Signed Limited Edition. 15,000 USD
    Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Ian Fleming. Live and Let Die. First Edition. 9,500 USD
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  • Bonhams, Apr. 28 – May 7: Isaac Newton on chemistry and matter, and alchemy, Autograph Manuscript, "A Key to Snyders," 3 pp, after 1674. $100,000 - $150,000
    Bonhams, Apr. 28 – May 7: Exceptionally rare first printing of Plato's Timaeus. Florence, 1484. $50,000 - $80,000
    Bonhams, Apr. 28 – May 7: On the Philosophy of Self-Interest: Adam Smith's copy of Helvetius's De l'homme, Paris, 1773. $40,000 - $60,000
    Bonhams, Apr. 28 – May 7: "Magical Calendar of Tycho Brahe" - very rare hermetic broadside. Engraved by Merian for De Bry. c.1618. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Author's presentation issue of Einstein's proof of Relativity, "Erklärung der Perihelbewegung des Merkur aus der allgemeinen Relativitätstheorie." 1915. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: First Latin edition of Maimonides' Guide for the Perplexed. Paris, 1520. $20,000 - $30,000.
    Bonhams, Apr. 28 – May 7: De Broglie manuscript on the nature of matter in quantum physics, 3 pp, 1954. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: Tesla autograph letter signed on electricty and electromagnetic theory. 1894. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: Heinrich Hertz scientific manuscript on his mentor Hermann Von Helmholtz, 1891. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: The greatest illustrated work in Alchemy: Micheal Maier's Atalanta Fugiens. Oppenheim, 1618. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Illustrated Alchemical manuscript, a Mysterium Magnum of the Rosicurcians, 18th-century. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Rare Largest Paper Presentation Copy of Newton's Principia, London, 1726. The third and most influential edition. $60,000 - $90,000
  • Doyle, May 1: Thomas Jefferson expresses fears of "a war of extermination" in Saint-Dominigue. $40,000 to $60,000.
    Doyle, May 1: An exceptional presentation copy of Fitzgerald's last book, in the first issue dust jacket. $25,000 to $35,000.
    Doyle, May 1: The rare first signed edition of Dorian Gray. $15,000 to $25,000.
    Doyle, May 1: The Prayer Book of Jehan Bernachier. $10,000 to $15,000.
    Doyle, May 1: Van Dyck's Icones Principum Virorum Doctorum. $10,000 to $15,000.
    Doyle, May 1: The magnificent Cranach Hamlet in the deluxe binding by Dõrfner. $7,000 to $10,000.
    Doyle, May 1: A remarkable unpublished manuscript of a voyage to South America in 1759-1764. $3,000 to $5,000.
    Doyle, May 1: Bouchette's monumental and rare wall map of Lower Canada. $12,000 to $18,000.
    Doyle, May 1: An rare original 1837 abolitionist woodblock. $8,000 to $12,000.
    Doyle, May 1: An important manuscript breviary in Middle Dutch. $15,000 to $25,000.
    Doyle, May 1: An extraordinary Old Testament manuscript, circa 1250. $20,000 to $30,000.

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