Collectable Books - How to find them
Collectable books can be hard to find.
This article gives some ideas for the budding book-seller
on where to go to buy items for re-sale, and how to sort
out which items are likely to be of value to collectors.
As one book dealer once remarked to me, selling good
stock is easy, it's finding it in the
first place that is the difficult part.
A good place to start if you have never bought and sold
before is at a local jumble sale. Most sales have
a book stall, and items are invariably cheap although
they may be in poor condition. However, any mistakes
you make are not going to be costly ones, and occasionally
you may come across a real bargain. I found a copy of
"The Sleeping Beauty", illustrated in silhouette by
Arthur Rackham, for ten pence at a jumble sale. I
recently saw a similar copy in a book-shop for £50.
A sturdy constitution is needed for these events, and you
may find that you are in competition with other book
dealers whom you will get to recognise. The underlying
principle here is that if you think a book might be
valuable - buy it! At ten pence each, you can afford a
lot of mistakes.
Car boot sales can also be good hunting grounds.
Here the prices are likely to be a
bit higher, but in general, items are in better
condition. When these sales started up a few years ago,
most people were selling for the first time, and valuable
items turned up quite frequently. However, nowadays about
ninety percent of sellers at these events are regular
dealers and so the bargains are fewer, but still available
if you look hard. Incidentally, jumble sales and car boot
sales are about the only places where you will find ephemera
at reasonable prices. So if you are looking for anything
from Cunard menus to bubble gum cards, these are the
places to look.
Another place where you can find reasonably priced
items is in charity shops, but do remember
that they are for charity, and so if you do find a bargain,
a donation is always gratefully received. Charity shops
are always very happy to receive good quality items, so if you find that
those you have bought are in good condition but not of
interest to collectors, donate them to a local charity shop.
Cheap reading matter is also popular with people who just want to
read them!
Bargains may also be found at book fairs. Although good items
here will usually not be cheap, they will generally not be
as expensive as in a secondhand bookshop because the
stallholders have lower overheads, The range
available is also usually very wide.
Auctions can be a great source for books too. Prices vary
considerably. I have seen brand new items sell for more than their
retail price, and I have seen a box for first edition fiction
sell for a pound, so it is the luck of the draw to some extent. Please
feel free to call us on 01329 517724 if you find anything that is
not in your field, but which might help fund your own collection.
When bidding at auction, I have found it best to set an absolute maximum
in my mind before bidding starts, and to bid quickly and confidently up
to this limit, letting someone else open the bidding if possible. Easier
said than done sometimes. Bear in mind that some items will sell for much
more than your maximum, and some for much less. That is part of the
enjoyment of auctions, and they are well worth a visit if you find one locally.
It is much more difficult to find items for re-sale in a
secondhand bookshop. However, it is possible if you have
a specialised knowledge in a particular area as you may
well find that you have a better knowledge of values in
that field than the dealer himself. His knowledge is
necessarily spread over a wide area.
Take a look at our "Something to sell?"
page for our contact details, and for some idea of the items which we buy.
Having found places to buy, you have to know what
to buy. Most collectors have specialist knowledge
in the areas that interest them personally. This is of
limited use when it comes to book dealing, as your
area of interest may be too narrow to enable you to buy
and sell enough items.
The following few paragraphs give some ideas on what items
are likely to be valuable. An easy place to start is by
listing some of those that are not.
Starting with fiction, it is true to say that almost
without exception, book club editions are of little value.
They may be published on the same day as the
publishers first edition, but collectors will not buy
them, so there is no point in your stocking them.
Book Club editions sometimes have different dust-wrappers
to publishers' copies, though this may be only in the name
on the spine. Beware of spine labels such as 'BCA'
(Book Club Associates), 'TLC' (The Leisure Circle),
'RU' (Readers Union), 'RS' (Reprint Society).
Reprints are also generally of much less value to collectors.
This applies mainly to fiction, but also to some
extent to non-fiction.
So how do you tell if a book is a first edition? It is not
always easy. Most first editions have a 'First published'
entry somewhere on the opening pages. Alternatively, there
is a copyright symbol (a 'c' in a small circle) followed
by a date. An easy way to spot a reprint is if there is a
'Reprinted' or '2nd (or later) impression' entry on the
opening pages.
Another less common sign of a reprint is if the book contains
a list of other items 'uniform with this volume'. This
usually means that a publisher has re-issued a number of titles
by an author or with a particular theme in a uniform
set.
In some cases, if there is no date it means that it is a later
edition. But this is no rule to follow, for often the opposite
is true - as is the case, for example, with first editions by
Edgar Wallace. If in doubt, you should consult a detailed
bibliography of the author's work. Sometimes these have to go
into a lot of detail to tell whether a book is a first edition
or not. Often indications are given by a list of the author's
previous titles at the front of the book or on the dust-wrapper.
In other cases, there is an odd mis-print present in the first
editon but not in later ones. However, this is not likely to
be of much use to a buyer at a charity sale, so if in doubt -
buy it.
Having established that it is the first editions that most
collectors are interested in, how do you know which authors
are popular? Not so long ago, it was the first editions by
'serious' authors such as Virginia Woolf and D.H. Lawrence
which commanded high prices,
while more 'popular' authors
were largely ignored. That has changed now, and first editions by
mystery and thriller writers such as Agatha Christie, Dorothy
Sayers and Ian Fleming now sell for hundreds of pounds.
There are collectors of first editions by most popular authors,
and many more obscure writers as well. However, the fact that
an author's work is collected does not necessarily mean that
all their works will be valuable. Typically, the most valuable
titles of a well-known author will be his early ones, when he
was virtually unknown and the first printing of the book was
small. As authors increase in popularity, publishers print
more copies in a first edition and so they are not as rare.
A typical example of this is Ian Fleming, whose first James
Bond title, "Casino Royale" (1953), now changes hands for
thousands of pounds. His later works however, are still quite
common, and most of the 1960s titles can still be purchased
for £50 or less.
It is also not uncommon, oddly enough, for an author's last few
titles to be surprisingly scarce. An example occurs in the field of
children's fiction with Richmal Crompton's 'William' stories.
The last of the series, "William the Lawless" (1970), seems
to be as elusive as the first book, "Just William",
published in 1922. This sometimes occurs because an author
is waning in popularity towards the end of his career, and
his print runs become smaller again.
Children's stories are very popular with collectors, and they
are often collected for their illustrations as well as their
authors. If you have an eye for art, you may be able to spot
the best illustrators who are also generally the most popular.
Artists such as Arthur Rackham, Edmund Dulac and Anne Anderson
are particularly popular for their illustrations of fairy
stories. More recently, Ernest Shepard (chiefly associated
with 'Winnie the Pooh') is an example of an illustrator whose
work is much sought-after by collectors.
As regards children's authors, the most well-known are usually
the most collected. Richmal Crompton's 'William' stories already
mentioned, W.E. Johns' 'Biggies' stories and Frank Richards'
'Billy Bunter' yarns always sell well. Enid Blyton's stories
are also gaining ground with collectors. Another pop-ular type
of story is the 'schoolgirl yarn' as told in various ways by
Angela Brazil, Dorita Fairlie Bruce, Elinor Brent-Dyer and
Elsie Oxenham, along with many others. Again, the first
editions generally command much higher prices.
With children's titles however, the condition of a book can
often be a deciding
factor. Because many have been read to death, collectors
will sometimes settle for a nice reprint in a dust-wrapper
rather than a tatty first edition. Of course, the condition
of a book is always important to collectors. See the page
on descriptions of collectable books
for details.
Childrens' Annuals are also popular.
Again, the easiest way of telling which items
may be of value is by knowing those that are not.
I have not yet come across a collector interested in boys'
football annuals, or girls' annuals other than those printed
before about 1960. Scouts, guides, cubs and brownie annuals
also do not sell, but having said that, I'm sure someone,
will be thinking that these are the very items which
they want to buy.
The interest in annuals seems to be particularly in those
involving the performing arts such as television, film and
pop music. Childrens' annuals such as 'Rupert Bear' annuals
are also always popular, generally with people who remember
them from their own childhood. The market in annuals is one
that is dominated by collectors of 'nostalgia'.
The long-running television series, 'Doctor Who' has
generated enormous interest among collectors, and some of
the early items from the 1960s sell for considerable prices.
There is also interest in cartoon annuals, particularly
those of the brilliant Carl Giles, whose 'Daily Express'
annuals have been published every year since 1946. A major
reason for the success of the Giles annuals is that they
form a comic social history of Britain since the war.
Children's non-fiction does not seem to generate much
interest among collectors. Perhaps nobody remembers
learning from their juvenile texts with much
enthusiasm. The same can be said for children's comics
and magazines. Old copies of 'Beano' and 'Dandy' are
much more in demand than 'Look and Learn'.
With magazines generally, it is nostalgia that tends
to govern price. Thus old copies of 'Picture Show'
or even 'Radio Times', which bring back memories of
shows and stars seen in the past, will sell, whereas
'Practical Woodworker', which may only remind you of
bruised thumbs, may not. For this reason, magazines
which have pictures or articles of historical interest
are always popular, while magazines devoted to hobbies
or of narrow specialised interest tend to be less so.
With non-fiction, there seems to be someone,
somewhere, who is interested in any subject that a
book has ever been written about. In "Bizarre Book",
the authors Russell Ash and Brian Lake quote a
book title, "Searching For Railway Telegraph
Insulators", which they thought a hugely funny
and esoteric title, until a lecturer in electronics
asked where he could get a copy. I remember seeing
a book in my local library called "One Hundred Years
of Road-Making Materials", that sounded a bit dull
but the label showed that it was actually quite popular.
Purchasers of secondhand non-fiction titles are
generally not trying to buy all the titles in a particular
field as a fiction collector might buy all the works
by a single author. Usually, non-fiction titles are
bought as useful references rather than collectors
items. Many titles are valuable due to scarcity or
simply because they were very expensive to buy from
new. As the majority of titles published are non-fiction,
this is an area of business that any postal
bookdealer should consider.
Paperbacks, as a general rule, are not widely
collected, as they are seldom the first issue of a
book. This is not always true however. For example,
Len Deighton's book, "Only When I Laugh", was first
pub-lished in paperback by Sphere, and because it is
the first edition, the book is worth a few pounds.
Even so, the first hardback edition is actually worth
more. Most Deighton
collectors would probably want
to have both in their collection. Other paperbacks
that might be worth considering are those with period
illustrations on the cover, such as 1950's science-
fiction book or thrillers.
'Writers seldom wish other writers well' - Saul Bellow
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