Rare Book Monthly

Articles - April - 2003 Issue

Book Descriptions: The Key To Reselling

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Americana Exchange Database Search Result Page


In fact, one aspect that makes a particular book especially valuable is possession of a sequential history of these written descriptions that a particular book builds up as it trades hands and is handled, researched, and described by notable dealers of different generations in the selling chain. How many collectors have found themselves charmed, spellbound and proud when confronted with a small pile of typed white sheets inside a book that they own, each white slip representing a written description of that very book prepared by some of the most stellar book dealing firms of the past (and perhaps of the present)? How many collectors have been sold books by dealers based in part on the power of these previous descriptions prepared by great bookmen or women of the past? The cumulative value of these descriptions, these building blocks, adds tremendously to the ultimate value of the particular book each and every time that book is resold, especially if these previous descriptions were prepared by dealers or firms noted for their thoroughness, their prowess, their research skills, and their book knowledge.

Let’s return from the past into the present, however. I have a proposal relating to these book descriptions as they are passed on from one collector to another. The rule should be: all material, once used to define and elaborate a book, becomes part of the book it describes, so long as all written descriptions involved are credited to the dealers or firms who wrote and researched them initially. In time, a building succession of dealer descriptions and collector comments along with bibliographical references and auction records will make the book almost self-explanatory. Premiums will attach even more to those books sold by dealers whose bibliographical work is especially valued for its thoroughness and expertise.

In time, all of this written descriptive information pertaining to a particular book will be maintained most efficiently and easily by collectors and dealers both on line. The net is creating an efficient resale market and with agreement on this point the collectors and their heirs will have a straight path to resale. Many dealers accept this view and they are to be commended.

This is no frivolous point; however: it is an essential one to collectors because it directly impacts on the value of their collections. Collectors will need to confirm their dealer’s perspective on this issue, and they will need to confirm it before a purchase is concluded. The ability of a collector to recapture his or her investment will hinge upon it. A hundred years from now great copies will have crystal clear provenances and a great portion of the value of the book will rest upon the interesting collecting history that may have attended a volume through the ages as well as on the quality of the written dealers’ descriptions that accompany that book. Many collectors now capture this history as they uncover it. It is one of the interesting aspects of book collecting. It simply needs to be understood by all parties that this history goes with the particular book in question, now and for all time, and will be reused by the book owners at the time of their choosing so long as the dealers/firms who wrote those descriptions are credited.

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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