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Re: Recent Tolkien events
Shirrif
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Okay, I made that up!

Posted on: 2011/1/9 8:52
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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: Misprint?
Shirrif
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I think this touches on a wider issue of collectable condition, & in particular, in Tolkien book collecting.

Trotter, people like them (& buy them) because they tell something (or at least they might suggest this, to some buyers) about the process of book production. I don't suppose they say much to those familiar with the processes involved i.e. someone who has worked in the printing industry. But they reveal, in part, something of the marvel (mostly imagined, no doubt, in the eyes of the collector) of the process of printing.

Of course, by definition, most of these are unique; but I wouldn't like them to start attracting great interest, as I personally like being able to pick them up for cheap --best keeping it that way, for my sake, & for others who like such things.

Either way, in Tolkien book collecting (& I guess collecting of modern first editions generally) flawed books (misprints, binding faults, pages folded in printing process, previous ownership marks, bookplates, inscriptions, marginalia etc) are fairly looked down upon; unfairly I think. Come a certain age, books with inscriptions & the like can be (should be!) of great interest.

BH

Posted on: 2011/1/9 7:39
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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: Recent Tolkien events
Shirrif
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Back onto the market? Accept those items (those real gems we spoke of...) that you're giving to me? You did say you'd be happy giving that Silmarillion, and that other item we do not speak about publically, to me... I'm sure that's what you said...

BH

Posted on: 2011/1/9 7:25
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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: Super Deluxe values
Shirrif
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I agree with all of that Jeremy!

BH

Posted on: 2011/1/2 10:52
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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: Super Deluxe values
Shirrif
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Beren, nice points, but...

In the case of a house, the estimate given by an 'expert' (a surveyor in the UK, or perhaps an estate agent) is simply based on the market at that time. It is really just a comparison of your house (i.e. its condition, & possibly some other factors) to similar houses; invariably the same style of house, in the same area --& taking into account historical sales & (more importantly) recent sales.

The surveyor doesn't just pluck a number out of thin air. Yes, they may base some aspect of the value on prediction (e.g. the surveyor believes that prices are, despite the downturn, holding up well --even this is drawing largely on knowledge & experience), but most is simply comparison.

So, to disagree with alpingloin, & agree with yourself, provided the 'expert' is indeed an expert, & the estimate is a good one, a "million dollar house" really should realise about this price --unless conditions are highly fluctuant, or unpredictable.

However, you state: when it comes to selling books at their true value that is a completely different issue.; & when it comes to books, especially expensive ones it all comes to finding a buyer - timing is probably everything.

How is selling a house & a book any different? With house selling surely "finding a buyer" & "timing" are just the same as in book selling? I fail to see how the two markets differ markedly or what marks out book selling as so unique.

You also state: ebay and abebooks are very bad parameters to find out the value of a book. Only rarity, state of the book and demand can tell us the real value. So what market should we gauge price, or price range from? You seem to be alluding to some 'true' value that items should carry, but which isn't readily available or known.

(Explain yourself! )

My real disagreement with the market will reveal the value model is simply this: if a book fails to sell at auction, this does not, in my opinion, mean it is literally worthless; either generally, or at the time of the auction. Therefore the market does not (always) determine value/worth.

Ultimately, I agree with your value range model alpingloin. (Your collecting method is imminently sensible too!). I don't think anyone thinks a single value can possibly be applied to a given item. And laurel, how right you are about prices. If 'true' values were revealed, we would have no underpaying, or overpaying --& frankly no book market (in its present form) at all. That would be no fun indeed...

BH

Posted on: 2011/1/2 10:20
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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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