Rare Book Monthly

Articles - June - 2007 Issue

Yahoo Closing Auction Site -- Did Anyone Notice?

Yahoo auctions recently displayed four five-figure books, including two first edition Oz books and an inscribed JFK.

Yahoo auctions recently displayed four five-figure books, including two first edition Oz books and an inscribed JFK.


By Michael Stillman

The auction arm of the world's most visited website (according to Alexa rankings), Yahoo, is closing down. That would seem to be astonishing news. Online auctions appear to have become an enormous force in the field. As best we can tell, there are always far more books being offered for sale online than at all traditional auctions combined. The closing of the online auction of the most visited site on the web would seem to be a momentous event. The world yawned.

As you are undoubtedly aware, though Yahoo may be the most popular website, it is not the most popular auction site. It is undoubtedly in the top ten, and from what we can tell, probably the top five. It might even be top two. It doesn't matter. In this competition, there is only one site that matters, and as we all know, it is eBay. Now, even Yahoo recognizes that fact. According to Reuters, citing tracking firm comScore, eBay controls some 94% of the auction market. Yahoo obviously was not making inroads.

From looking at their listings, books may have actually been one of Yahoo auction's stronger suits. At the time of their announcement in early May, they were showing almost 90,000 listings for books, though half of these were comics. This compares to over 450,000 for eBay. Perhaps more tellingly, Yahoo had 1,882 listings for "antique and rare" books, compared to 62,462 for "antiquarian and collectible" books on eBay. A small start-up site might be happy with that ratio, but it is a sign of defeat for so major a force as Yahoo. They recognized it was time to throw in the towel. To gather listings, you need sales, and to achieve sales, you need listings. Yahoo was not able to break in to this chicken and egg scenario at either end.

There are still a few other auctions trying to compete with the eLephant of online auctions. uBid is perhaps the oldest and most notable other online auction, though "notable" is a relative term here. However, books appear a low priority for this auction. They do not have a books category, other than as a sublisting under "collectibles." I found only 12 items here, not a one of which appeared collectible to me (I fear the Uzi modification manual offered is intended for practical use, not collecting). For those who buy and sell books, Amazon is likely the most significant other site. They do have an auction section, and a search under "books" found 20,894 listings (about a third of what Yahoo located). However, some of these have no discernable relation to books I can find, such as the $150 worth of repair service on your computer's motherboard that showed up as a "book." If there is a way of finding just antiquarian or collectible books at Amazon's auctions, the means are not clear, but I think it can safely be noted that rare books are not Amazon's strength in the first place.

Rare Book Monthly

  • Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
    Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
    Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
    Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
    Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
    Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
    Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
    Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR
  • Fonsie Mealy’s
    Rare Books & Collectors’ Sale
    April 30th & May 1st
    Fonsie Mealy’s, Apr 30-May 1: Taylor (Geo.) & Skinner (A.) Maps of the Roads of Ireland, Surveyed 1777. Lond. & Dublin 1778. €500 to €750.
    Fonsie Mealy’s, Apr 30-May 1: Messingham (Thos.) Florilegium Insulae Sanctorum seu Vitae et Acta Sanctorum Hibernia, Paris 1624. €350 to €500.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus). The Haw Lantern, L. (Faber & Faber) 1987, First Edn., Signed and dated. €225 to €350.
    Fonsie Mealy’s, Apr 30-May 1: Valencey (Lt. Col. Chas.) Collectanea de Rebus Hibernicis, Vols. I-IV, 4 vols. Dublin 1786. €400 to €600.
    Fonsie Mealy’s, Apr 30-May 1: Powerscourt (Viscount). A Description and History of Powerscourt, Lond. 1903. €350 to €500.
    Fonsie Mealy’s, Apr 30-May 1: Moryson (Fynes). An Itinerary ... Containing His Ten Yeeres Travel Through the Twelve Dominions of Germany, Bohermerland, Sweitzerland…, Lond. (John Beale) 1617. €700 to €1,000.
    Fonsie Mealy’s, Apr 30-May 1: After Buffon, Birds of Europe, c. 1820. Approx. 120 fine hd. cold. plts., mor. backed boards. €125 to €250.
    Fonsie Mealy’s, Apr 30-May 1: Dunlevy (Andrew). An Teagasg Criosduidhe De Reir Ceasda agus Freagartha... The Catechism or Christian Doctrine by Way of Question and Answer, Paris (James Guerin) 1742. €400 to €700.
    Fonsie Mealy’s, Apr 30-May 1: The Georgian Society Records of Eighteen-Century Domestic Architecture in Dublin, 5 vols. Complete, Dublin 1909-1913. €500 to €750.
    Fonsie Mealy’s, Apr 30-May 1: Scale (Bernard). An Hibernian Atlas or General Description of the Kingdom of Ireland, L. (Robert Sayer & John Bennet) 1776. €625 to €850.
    Fonsie Mealy’s, Apr 30-May 1: [Johnson (Rev. Samuel)]. Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,L. (Langley Curtis) 1682. €300 to €400.
    Fonsie Mealy’s, Apr 30-May 1: Nichlson (Wm.) Illustrator. An Almanac of Twelve Sports, Lond. 1898. €300 to €400.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) trans. The Light of the Leaves, 2 vols., Mexico (Imprenta de los Tropicos/Bunholt) 1999. €1,500 to €2,000.
    Fonsie Mealy’s, Apr 30-May 1: Fleming (Ian). Moonraker, L. (Jonathan Cape) 1955. €1,500 to €2,000.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) & Egan (Felim) artist. Squarings, Twelve Poems, D. (Hieroglyph Editions Ltd.) 1991. €1,750 to €2,250.
  • Bonhams, Apr. 21-29: ANDERSEN'S EXTREMELY RARE FIRST APPEARANCE IN PRINT. "Scene af: Røverne i Vissenberg i Fyen." in Harpen, 1822.
    Bonhams, Apr. 21-29: FIRST ISSUE OF THE FIRST THREE FAIRY TALE PAMPHLETS, WITH ALL INDICES AND TITLE PAGES. Eventyr, fortalte for Børn. 1835-1837.
    Bonhams, Apr. 21-29: THE FIRST FAIRY TALES WITH A SIGNED CARTE DE VISITE OF ANDERSEN AS FRONTIS. Eventyr, fortalte for Børn. 1835-1837.
    Bonhams, Apr. 21-29: KARL LAGERFELD. Original pastel and ink drawing in gold, red and black for Andersen's The Emperor's New Clothes (1992), "La cassette de l'Empereur."
    Bonhams, Apr. 21-29: PRESENTATION COPY OF THE SIXTH PAMPHLET FOR PETER KOCH. Eventyr, Fortalte For Børn, Second Series, Third Pamphlet. 1841. Publisher's wrappers, complete with all pre- and post-matter.
    Bonhams, Apr. 21-29: HANS CHRISTIAN ANDERSEN RARE AUTOGRAPH QUOTATION SIGNED IN ENGLISH from "The Ugly Duckling," c.1860s.
    Bonhams, Apr. 21-29: HEINRICH LEFLER, ORIGINAL WATERCOLOR FOR ANDERSEN'S SNOW QUEEN, "Die Schneekönigin," 1910.
    Bonhams, Apr. 21-29: FIRST EDITION OF ANDERSEN'S FAIRY TALES IN ENGLISH. Wonderful Stories for Children. London, 1846.
    Bonhams, Apr. 21-29: ANDERSEN ON MEETING CHARLES DICKENS. Autograph Letter Signed ("H.C. Andersen") in English to William Jerdan, July 20, 1847.
    Bonhams, Apr. 21-29: PRESENTATION COPY FOR EDGAR COLLIN. Nye Eventyr og Historier. Anden Raekke. 1861.
    Bonhams, Apr. 21-29: DOLL HOUSE FURNITURE BY HANS CHRISTIAN ANDERSON, DECORATED WITH FANTASTICAL CUT-OUTS, for the children of Jonna Stampe (née Drewsen), his godchildren.
    Bonhams, Apr. 21-29: PRESENTATION COPY FOR GEORG BRANDES. Dryaden. Et Eventyr fra Udstillingstiden i Paris 1867. 1868.

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