Rare Book Monthly

Articles - May - 2006 Issue

eBay Offers Trap Door on the Book Market

Collectors for years could not sell their material efficiently.

Collectors for years could not sell their material efficiently.


By Bruce McKinney

A Needed Way Out

A generation of book owners is looking past weak offers from dealers and limited opportunities selling via traditional auctions, marketing their books, manuscripts and ephemera lot by lot on eBay. The results are inconsistent but encouraging both for sellers and buyers. For sellers it's the chance to control their own destiny, converting market observations into listings, transactions and private client lists. In short order sellers on eBay achieve a working competence to match their commitment to the endeavor. The selling is easy, developing techniques that achieve the best financial outcomes more difficult. For many, selling on eBay is not a career path, just a better option than selling dirt cheap to a dealer or giving the material to a library or Good Will. These sellers will do and be done. A few will find a metier. For buyers who pounce on interesting material as it arrives on the block it's an equally good opportunity: the chance to buy material without substantial mark up. In short, eBay is the emerging cash market and in fact already a very large one.

What sells on eBay?

Everything sells on eBay including old books, manuscripts and ephemera. Transactions tend to be in the $10 to $250 range however which is less a function of value than market experience. In other words bidders consistently buy good material in this price range and come to the market expecting to find more. If your item is significantly more valuable you may exceed their financial capability or force them to forgo other material. In the end they may simply not bid the full value for reasons beyond your listing and the quality of your item. Think of it this way. eBay has a sweet spot. It's huge but clearly distinct from the premium materials that documented auctions specialize in.

Easy to List, Difficult to Achieve High Prices

For sellers eBay provides support although they may not emphasize one fact: it's easy to sell but difficult to get a high price. The description is the key to visibility. How well you prepare it will effect how many people see it. It's true you will be visible in category searches even if your description is thin as gruel but categories are large so your chances of being seen small. In the book category today there are 467,955 listings. You don't want to exclusively depend on bidders finding your speck of sand in that pile so you also need to be highly visible in the term searches which experienced eBayers use to locate gems among the clutter. To do this you need to write thorough descriptions. With each additional descriptive term the chances of showing up in buyer searches increases.

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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