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Re: A nice blog on collecting Tolkien books
Shirrif
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There's a couple of problems here with your argument bruffyboy!

First of all, I don't agree with any of your examples of 'value' or 'price'. I do recognise them, but I also recognise that just because something is listed for £1000, doesn't mean someone will buy it; and if someone does buy it, it doesn't mean it's worth that. (Reputable 'Tolkien' dealer or not.)

The £414 Silmarillion is, at present (& I'm willing to be proved very wrong here), an untypical price. If you read my post on recent prices --there is no precedence for this high a price. Secondly, what collector valued the piece at £400+? No collector. The Tolkien Bookshelf (a book dealer) bought this copy. It now sits on AbeBooks for $1250. Will someone now pay $1250 for it? I don't care. It's not worth this much. There are Tolkien books on Abebooks that have been listed since I opened my eBay account in 2003; they are overpriced & nobody has been willing to pay the amount they are listed for. (Incidentally, copies of The Silmarillion can be picked up, with ease, for less than £10.)

But there are other contradictory points I could make. You are very right about the rarity of the GA&U signed Silmarillions. But people tend to keep & look after £350 deluxe signed books a little better. I'd be very surprised if anyone had a signed deluxe CoH in any condition other than fine for the next decade; and even more surprised if there weren't still 500 in existence too. They're not just going to disappear. 1977 signed Silmarillions won't disappear either --but they can, by the careless, be overlooked & mistaken for any other 1977 copy amongst ten’s, if not hundreds, of thousands of copies. This ain't going to happen with a deluxe CoH i.e. it's rarity will not change over the next decade.

Btw, I agree with Garm. Bit more tact in regard to CT. The guys alive & kicking --he even has a book out in November!

BH

Posted on: 2010/8/16 10:35

Edited by Khamul on 2010/8/16 14:40:53
_________________
You drive a hard bargain – you can have it for £10 all-in – one consolation (for you) is that you do not have to hear the cries of my children, for bread...


Re: A nice blog on collecting Tolkien books
Just can't stay away
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You're absolutely right, and I've edited accordingly.

Posted on: 2010/8/16 10:17


Re: A nice blog on collecting Tolkien books
Home away from home
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bruffyboy notes yet again -

"and CT sigs will have gone up in value at least a bit with his passing."

I know bruffyboy says he doesn't mean to be morbid, but I for one feel more than a bit uncomfortable about this sort of talk. Christopher Tolkien is a human being; same as the rest of us. He's also a nice bloke, and the idea of people waiting for his death in order to see the price of their possessions go up in value frankly makes me feel a little sick. Personally, I'd like to see a cap on this sort of thing.

But maybe that's just me.

Posted on: 2010/8/16 9:50


Re: A nice blog on collecting Tolkien books
Just can't stay away
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I guess you are right Khamul- there may well be a lot of copies for sale in the next five years or so, and prices will be dictated by the size of The market who want that book.

However, just to play devil's advocate: why did the recent signed 1/1 Silmarillion go for over £400? You can buy a 1/1 for £20, so it was clearly the signature that raised the value to around 40x initial publishing price. Now, The CoH has the same signature! Yes it's a newer book, but in ten years it will be considered 'oldish'. Perhaps the main reason the Signed Silmarillion went for £400 was because it is a rarity to find. In five or ten years there will possibly be the same number of sealed CoH around as there are signed Silmarillions, so why wouldn't it go up in value in similar terms? obviously I am looking for just double my money rather than x 40.

The two lovely editions of LotR which came out in 1992 and were signed by Alan Lee (blue single volume deluxe and green three book version) both now command around £1000 too (twice that if shrinkwrapped) so that surely is some proof that deluxes will increase in value? Yes, those particular deluxes were limited to 250 copies, but they weren't signed by CT.

Similarly, the brown leather folio LoTR books are now valued at over £1000, and why? 1750 printed, lovely editions, no sigs, just valuable because of how nice they are.

Oh, and I am not basing any prices on Abe- more eBay and the few specialist Tolkien stores online.

Just food for thought, and again as I already said I am new to this so only really posing suggestions (nothing with authority!)

Posted on: 2010/8/16 8:22

Edited by bruffyboy on 2010/8/16 10:14:52


Re: A nice blog on collecting Tolkien books
Shirrif
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I forgot about this earlier thread on the subject

Stu posted on 1st Jan 2009 Given the 30% discount and GBP 5.00 postage to Aus, I decided to get another copy of the signed CoH to shove under the bed for 25 years. The interesting thing is whether it will beat a bank account in terms of ROI at the end of the period. I'm not convinced it will, but I'll take the punt..! My copy number is 443, so there aren't that many left unsold at this point. I guess they might discount further, but I'm thinking 30% off might be as good as it gets. Having said that, who knows - maybe 40% discount is just around the corner? Stu


As you can see #443 was sold 18 months ago. As far as I can see it is not possible to currently tell how many copies are left from the copy numbers as HarperCollins are clearly not selling them in order.

Posted on: 2010/8/16 6:45



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