Login

Or
Register Now


Already have an account?
Username:

Password:

Remember me

Lost Your Password?
Main Menu
Collector's Guide Table of Contents
Recent Visitors

Qweniden
21 minutes ago

St. Troy
32 minutes ago

Trotter
1 hour 40 minutes ago

Findegil
2 hours 49 minutes ago

Hadiya
5 hours 31 minutes ago

Tolkieniano
7 hours 45 minutes ago

Earl
10 hours 11 minutes ago

Karl
11 hours 1 minute ago


« 1 ... 1694 1695 1696 (1697) 1698 1699 1700 ... 2571 »


Signed 1968 UK Paperback LOTR
Shirrif
Joined:
2006/6/5 22:04
From Essex, England
Group:
Shirefolk
Fellowship
Shirrif
Posts: 1957
Offline
3 October 1968 Martin Blackman, Allen & Unwin home trade manager, brings to the Hotel Miramar at about 11.00 a.m. one hundred copies of the paperback Lord of the Rings for Tolkien to sign.

The J.R.R. Tolkien Companion and Guide - Chronology (page 733) by Christina Scull & Wayne G. Hammond


I was always under the impression that Tolkien did not do any book signings like modern authors but thanks to Wayne & Christina I now know that he did at least one.

Does anyone know anymore about these books and the use that they were put to by GA&U? I have heard that they were given to staff.

Posted on: 2011/1/2 3:06


Re: Your bookshelf
Shirrif
Joined:
2006/6/5 22:04
From Essex, England
Group:
Shirefolk
Fellowship
Shirrif
Posts: 1957
Offline
If you don't have enough shelf-space, you can always try this US dealer's innovative approach.

Open in new window


I found some more pictures of this bookstore (The Derby Square Bookstore, Salem MA) and an interesting quote

Last place you would want to be in an Earthquake


http://www.flickr.com/photos/reallyst ... 99652917/with/1097283976/ (last half of the pictures)

Posted on: 2011/1/2 2:30

(edited)


Re: Super Deluxe values
Home away from home
Joined:
2009/10/30 4:30
Group:
Shirefolk
Fellowship
Posts: 466
Offline
A great discussion
Alpingloin said 'My general view of market value is very simple. Something is worth exactly what someone is willing to pay at a given time and place'.

This will remain the comment for me although all others before are neither wrong nor right. With auctions of course you generally take a gamble and with ebay this can indeed be madness but I do find this as thrilling to watch as actually going to an auction itself of which I have attended many.

I feel a lot does revolve around expectations of both the seller and buyer and naturally these do not always align or even be close. For example how many times have you seen a Tolkien item listed at what seems a very high price on ebay. Then in the text they state something like ' these are selling on Abe for XYZ'. Rubbish- they are not selling but are being advertised and are likely to not even achieve anywhere near the high price asked.

A factor that self fuels this behaviour is in my mind the exceptional sales that we all sometimes see and hear about. These often seem to give sellers a 'dream' that they will achieve these 'high' figures and thus they go for it. I am not saying this is wrong and if you have the money and time to wait/hope/pray for that buyer who wants item tomorrow then why not.

How I look at it is that if we didn’t have all these variables/methods of selling and our own individual thoughts then matching items would be all be a very similar price and you wouldnt see the huge differences in the market.

What I like about books is they are not all the same and no doubt lots of us hunt out that perfect Silmarillion or one signed by Christopher. Would I pay extra for that copy - Yes of course but how much? Answers on a postcard too .........

Posted on: 2011/1/2 1:58


Re: Super Deluxe values
Home away from home
Joined:
2007/2/10 7:19
Group:
Shirefolk
Fellowship
Posts: 166
Offline
Nice, Khamul! You are very right in pointing out something that I often overlook - the fact that an auction has to be driven by more than one person. This definitely falls into the supply and demand realm. Predicting demand can be quite tough. And, what you would really need to predict is how many serious buyers are out there who are willing to pay serious prices. The vast majority of people on ebay are bargain hunters not willing to pay high (or even fair) prices. So, how would a seller possibly gauge demand?

This is very interesting to me, first because I really only use ebay to sell, but also because I like to track things like number of page views, number of watchers, and number of unique bidders. Maybe there's a nice formula for determining which selling method is most effective using projected number of page views/watchers/unique bidders, maybe even factoring in how quickly an item attracts watchers and how many early bidders there are. Being limited to only my own ebay selling details (watchers, etc.), trying to do any sort of valid market research isn't going to happen. I'll probably stick to gut feelings. However, I am sure there is some line where one selling method becomes lower risk and produces better average results.

Anyway, I like using ebay to gauge values because it is a pretty active marketplace, with many transactions to observe. For example, there are enough sales of early edition Lord of the Rings sets of varied condition, presentation, auction style, etc., to get a good glimpse at what people (on ebay) are paying.

Finally, after writing this post, I am realizing a couple of reasons why we don't exactly see eye to eye. I got into this discussion when mention of my ebay auction was made and I think I am stuck in ebay seller mentality. I guess I tend to think of value as being what I can sell something for (again, with focus on ebay), not what I am willing to pay, or even what others have been paying. I recently sold a nice condition (no jacket) 1946 A&U Hobbit that I thought was worth around $700 for only $450. After selling fees, I probably ended up with less than $400 in my account. So, while others list this book for $800 to $1000, in the end, to me it was worth $400. Kind of sucks, because I'd probably pay that to get it back! On the other side, there have been (and probably will be again) times when I have paid a premium price, knowing that I could never get my money back if I tried to sell on ebay, but just had to have an item, or needed it to complete a set. So, as a buyer and collector valuing my collection, I really do agree with you.

Posted on: 2011/1/1 17:05


Re: Super Deluxe values
Shirrif
Joined:
2007/8/16 4:56
From Scotland
Group:
Shirefolk
Fellowship
Shirrif
Posts: 1685
Offline
A long reply to a previous long reply, deserves, well, another long reply! I agree with most of what you say too. A couple of issues though.

If [current] "market value" is what someone is willing to pay at a given time and place, then this term is without useful meaing, & worthless as a term for discussion, as so defined (altho' I will discuss it!); as this price can be (with very high upper limits only) absolutely anything! Any item could realise literally nothing on eBay under individual circumstances relating to the particular listing.

Also, to pick you up another point, you state: Whatever the case, if a book sells for a given price, then that it what it was worth at that time, to that audience. This, in my opinion, is incorrect.

Example: You put up one of your penny-start auctions. Bidder A knows he/she would happily pay £200, has no time for any eBay bidding nonsense (& in any case is away working, without access to their computer until after the auction will end), & puts their maximum (& their opinion of worth in this case) bid in --£200. With no other bidders the auction sits at £0.01 (the starting price). Bidder B, and another Bidder (C) throw in various bids, pushing the price up to £50. The auction ends. Bidder A pays £50 for the item.

This book is acquired for less than what the bidder (the winning bidder: Bidder A) thought it was worth. In all likelyhood an auction is always, by definition, going to end at a price that one bidder was willing to pay (either exactly i.e. they just won the item over another bidder) or (more likely) for less than what they were willing to pay --hence the attraction of this format. So the final price is not what someone thought it was worth (at the time) --it is somewhere between this, and what the next nearest bidder thought it was worth.

My point really is, that by bidding in auctions (assuming the bidder genuinely puts in their maximum, and ignoring for now bidding 'tactics'), the buyer is more than likely, if they stand any chance of winning at all (i.e. assuming their valuation is not seriously under the valuation of others), to acquire the item for less than their own valuation.

With Buy-It-Now this can still happen of course. The item price may be below the buyers estimate and they may snap it up. But assuming the Buy-It-Now price is really what the seller would want ideally, and they are also allowing Best Offer, then the buyer can only really hit the seller with what they're willing to pay, without the safety net of knowing what other bidders value the item at. Although, in reality, you do get to see other failed offers. With this format it is more about what the bidder & the seller think of the value (and nobody else), rather than what bidders only think. I suspect this is the crux of the matter --& what you truly mean by "market value". What the buyers think & not the sellers.

As for the penny-start listing working (& D. Miller agreeing "with this approach"); understandably sellers are going to favour the method which yields the best price for them --this goes without saying. However, this has nothing in particular to do with value or worth, & far more to do with preferred bidding habits --even when these make little sense.

You could have a Deluxe CoH at Buy-It-Now £250 & have no takers on a seven day auction; relist it as £0.01 start, no reserve, and watch the winning bidder PayPal you, say, £275. The very fact that this can happen is all to do with eBay bidding madness!, and not value. Why didn't the eventual winner, in this example, buy the item at £250? Maybe they missed it!; but, more than likely, they wanted the opportunity to (possibly) acquire the item for less than their own valuation of the item --& in the end, caught up in the bidding madness (& having not just punched in their maximum '£200' & leaving it), they end up paying more. Maybe they thought it was worth £275 in the first place...

BH

Posted on: 2011/1/1 15:35
_________________
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...



 Top
« 1 ... 1694 1695 1696 (1697) 1698 1699 1700 ... 2571 »




© 2016 TolkienGuide.com and respective authors. Contact Us