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Re: Signed 1968 UK Paperback LOTR
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O... yes Findegil! Is indeed correct!! Thanks for that... was mixing up the two events. Guess posting in a hurry is never a good thing. Thanks for clearing that up!

Posted on: 2011/1/3 1:06


Re: Signed 1968 UK Paperback LOTR
Shirrif
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Thanks for all the replies, I still think that signing 100 books is 'a booksigning event' especially as it was for publicity purposes and is very similar to how publishers today market books.

Afterward, he autographed an interoffice memo for the driver who returned him to Oxford (this turned up on eBay last March)


Laurel bought this item, if I remember correctly.

Posted on: 2011/1/3 0:01

(edited)


Re: Signed 1968 UK Paperback LOTR
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The hundred signed paperbacks did not all go to Allen & Unwin personnel or their families. See Chronology, p. 729, for 18 July 1968: 'The paperback will be published in October, and the Allen & Unwin sales department have suggested that, to build up substantial initial sales, booksellers who pre-order one hundred or more copies should get an extra free copy signed by Tolkien.' Otherwise, Tolkien did occasionally sign copies for Allen & Unwin staff. In April 1972, Tolkien asked to meet the publisher's staff at Museum Street in London and at their warehouses/sales offices in Hemel Hempstead to thank them for having sent a three-foot-high card for his 80th birthday (and let us not forget that tomorrow, or today already in some places, the 3rd, is his 119th). He went to London on 27 June, and to Hemel Hempstead on 14 July. During the latter visit, he signed copies of his books for staff members (Chronology, p. 765). Afterward, he autographed an interoffice memo for the driver who returned him to Oxford (this turned up on eBay last March).

Wayne & Christina

Posted on: 2011/1/2 19:46


Re: Super Deluxe values
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Yes Jeremy, but still there is a difference with houses and books; where a house that stays up for sale will eventually drop in price, since it stays to long on the market. It is not so with rare books at all.

For example signed books... if you have some good database of sales you can see a good increase in value on a yearly basis. Two years ago it was a bit lower, this year it was better. There are people who invest in rare books because of that, since it will bring in more money then putting money in a bankaccount. Buying a house also means that the older the house gets, the bigger the chance is you need to repair things, you have a monthly cost as well, which is completely minimal in the case of storing quality rare books. And as far as I know (with some exceptions) rare books tend to become more expensive over time.

So for me the house theme is completely different from the rare book theme. Ebay is indeed a short window of space - sometimes price go up higher then they should, most of the time they don't show the real value of an item - abebooks in general is a place where prices tend to be on the high side, mainly because listing costs are quit heavy.

I'll explain how I feel about collecting. Book collecting is taking care of an item that will stay with you for a limited time. Normally a rare book will for sure live much longer then you will live. So you can treasure the items and take care for them for a while. Secondly I believe all collectors are enough interested in their items so that some kind of research is always done on the items. Someone who buys to put items in the collection and re-sell them in 10 years time is for me an 'investor' and not a collector.

So, here are mainly collectors, and that makes it difficult to discuss 'value' since for collectors any value is possible for a rare and unique item. For them - the honor to treasure the item - can cost up to the amount they have on their bankaccount. That is how crazy it can get.
Now when you talk with investors there is no room for that kind of behavior. Prices are set out of experience of the market, the value of items sold in the past, demand, etc , etc... it is like asking Google how they set their search results. 250 factors combined and you get a good answer.

So yes, Jeremy is right, when you have time someone will buy it at any price. That is especially so for collectors. But in rare book sales we don't depend on collectors (how many are there? that would be a bad business model!) but mostly on investors. Of 100 books I sell, 50 are never listed online and 40 are sold the day they arrive here... it is all about demand - will always buy in what I know that will be selling - will always look for quality - only real quality will sell to investors - and will always look at a great investment opportunity for the client. The moment I would go asking extreme prices I kill my own business. So there you have it. It has nothing to do with houses... where if the house has the right view it will sell. No it is about quality and the better the item (depending on 250 variables) the more expensive it will be!

Posted on: 2011/1/2 13:39


Re: Super Deluxe values
Shirrif
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I agree with all of that Jeremy!

BH

Posted on: 2011/1/2 10:52
_________________
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...



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