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Re: A nice blog on collecting Tolkien books
Shirrif
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2008/8/10 2:07
From Queenstown, New Zealand
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Shirrif
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> 'If you want an investment, buy gold' - bit harsh there. I think Tolkien books are a great investment thanks.

My comment was phrased in a glib manner, but it really does stand. Obviously you can get lucky and pick up a treasure for a bargain price and then undoubtedly make money on it. However, if you expect to pay "normal market price" today and then have a book beat inflation in the long term, then I think you are mistaken. Very rare items can evade the normal laws of economics, but there aren't that many Tolkien books that really fall into this category. One thing I have discovered collecting Tolkien Books is that the market that is prepared to pay even moderately large amounts for these books is very, very small. The relative lack of interest in the recent Superdeluxe editions was an excellent illustrator of this fact. Most books listed at very high prices on ABE (or eBay stores) will never, ever sell. Don't be fooled into using these prices as a guide as to how the price for an item has increased over time - only actual sold prices tell you anything, and this information is hard to come by.

Don't get me wrong, I really enjoy my Tolkien book collection (albeit it is just a tiny one @ 150 or so Hardbacks and maybe half that quantity of paperbacks, plus calendars, etc, gathered over about 30 years at a very slow rate), but I do not kid myself that it has been a good investment. Why am I not worried about that? Because other than a couple of "investment copies", I was never kidding myself that I'll make money. I bought them simply because I wanted them. And there is no harm in that.

I'm not kidding about gold, mind. When the crap really hits the fan (and it will), you really do want to have some tucked away!

Posted on: 2010/9/3 14:52


Re: The wonders of eBay
Just can't stay away
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Here's an interesting ebay anecdote - I picked up a copy of TLOTR as a "buy it now" - then recieved an email from the seller telling me he had made a mistake on the price and wasn't going to honor the transaction. He refunded the money - but I'd rather have the book.

Posted on: 2010/9/3 14:14


Re: A nice blog on collecting Tolkien books
Shirrif
Joined:
2006/6/5 22:04
From Essex, England
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'If you want an investment, buy gold' - bit harsh there.


It's true though. I collect books because I like them not for value or an investment.

I don't think you can seriously class collecting Tolkien books as a great investment.

Posted on: 2010/9/3 11:39


Re: A nice blog on collecting Tolkien books
Home away from home
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Well, I for one don't buy books because I think their value will go up. (well, I have done that once or twice; bought a duplicate because I thought I could sell one. Still got 'em!)

But in general, I buy what I can afford, as Stu says - because I like them.


Posted on: 2010/9/3 10:38


Re: A nice blog on collecting Tolkien books
Just can't stay away
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2010/7/23 2:59
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'If you want an investment, buy gold' - bit harsh there. I think Tolkien books are a great investment thanks.

Posted on: 2010/9/3 9:05



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