So, You’ve Bought that Rare Book… Now What?


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Most people are interested in trading rare books as it provides a great business opportunity. Did you just purchase a rare book and wonder what to do with it? Continue to read and we will share the steps that you can follow to get the most out of it. There are a lot of venues where you may acquire books for your collection, and there are a few things to keep in mind while purchasing a rare book.

Fairs for Rare Books

A rare book fair is a kind of trade expo when booksellers from a certain area, nation, or even the whole world meet to offer their finest and most fascinating books. These events provide a wonderful opportunity to meet a large number of booksellers and browse a big selection of titles.

A Self-Contained Bookstore

There are many types of independent bookshops that specialize on rare books. Some will be a classic bookshop with a storefront, normal business hours, and a shopkeeper where you can browse and touch different books. Other, higher-end rare book shops will seem more like art galleries, with normal hours but a distinct appearance.

Rare bookstores, who operate out of their homes or a small warehouse, sell the majority of their wares by catalog, auction, or the Internet, and only open their doors to the public by appointment, are a different breed altogether. You should never hesitate to make an appointment with this kind of bookstore, but you should never show up unexpectedly. Finally, there are independent book traders that operate entirely online.

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Internet

The world of bookselling has altered dramatically thanks to the Internet. Gone are the days of posting a classified ad in the AB Bookman magazine expressing your wish to purchase a certain volume, hoping that a book dealer (or collector) who had the volume on sale chance to read that issue and contact you. From the comfort of their own home, a collector may now examine the inventory of bookstores all over the world and order books for their collection to be delivered to their door. There are a few distinct sorts of companies on the Internet that you, as a consumer, should be aware of.

  • Web pages for bookstores and booksellers – Many bookstores and booksellers will have their own websites. This might be as basic as a website that tells you where their actual shop is, or it could contain a searchable inventory that enables you to purchase straight from the bookstore.
    • Merchandise – A marketplace is a website where a large number of bookstores display their products in one searchable location. This enables the collector to browse thousands of book vendors at the same time for the best bargain or the rarest books. The option to pay via the marketplace website rather than the bookseller is almost always available on marketplace websites. A marketplace website functions similarly to an auction house in that it provides a platform and tools for buyers and sellers to conduct their transactions.
    • Book search engines (metasearch sites) – This is a website that aggregates the inventory of a number of various marketplaces and bookshops into a single search result. These websites’ function more like a search engine (such as Google) than a physical bookstore in that they assist you in finding a place to purchase the book you desire rather than selling it to you. A metasearch site like BookFinder.com is an example.
  • Thrift Stores, Garage Sales, and Flea Markets
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Most of the time, you’ll discover that an old book is typically simply an old book, but if you truly know your thing, you may sometimes uncover really intriguing books at a terrific cheap price.

Estate Sales or Auctions

Auctions may be a fun and exciting way to acquire books, whether at a world-famous auction house like Christies or Sothebys or a tiny auction house in a rural town. Attend previews, do your study, and make purchases with a strategy.

Booksellers create catalogs for two purposes. The first is to promote the best of their stock. Second, a bookshop will build a catalog to establish themselves as a destination for the best books available, and as a result, a bookseller may devote a significant amount of time and money to producing an incredibly attractive printed document.

Some collectors include the catalogs as part of their collection, using them as bibliographies and discussion pieces since they are so well researched and attractively written up. Catalogs may be quite informative and provide a wealth of information for collectors.

Now that you’re aware with the numerous venues where you may buy collectable books, consider the following guidelines before making a purchase. Because there are so many exceptions and the most essential element is your own choice, they should be regarded broad suggestions rather than hard and fast laws.

When purchasing a book, the condition is the most crucial factor to consider, and in some cases the only one. Most collecting guides advise against settling for a ‘good’ copy when a ‘fine’ copy is available. You may maximize the odds of your collection rising in value by getting the greatest copy you can afford.

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Before looking for a first edition, learn about the title’s printing history and any known issues.

Books that were more costly to create and hence more expensive at the time of purchase will be more likely to have been retained in excellent condition, affecting their rarity in later decades. Keep this in mind while shopping for limited or deluxe editions, as well as big (folio) editions. It’s more probable that a large number of these books will be in excellent condition.

Children’s books, on the other hand, are less likely to survive in good shape and are more likely to command a higher price in that condition.

Ephemera (newspapers, pamphlets, etc.) are not intrinsically uncommon, but since they were designed to be thrown away, any particular copy may be difficult to locate in the future, especially if the event or article that makes that copy desired was of unknown significance at the time of production (thus not affecting the print run)

Final words

Now you know what needs to be done with rare books you get. Make sure that you adhere to these tips and get the maximum return out of your investment.


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