Rare Book Monthly

Articles - September - 2005 Issue

What Is happening At Abebooks?

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So, presuming Abe's commissions are reasonable, and deciding what is "reasonable" for their service is Abe's right anyway, what is the problem with these changes? What Abe is doing is no different from what Alibris and Amazon have been doing for years. If their pricing structure is too high, booksellers will move their listings to another site. If the pricing structure is fair, though perhaps not the bargain it once was, dealers really have no cause to complain. It still affords them their share of the profits. The problem here for many booksellers is not that Abe is charging too much (though they undoubtedly feel this way). The issue is the changes being made to increase Abe's share of income are forcing dealers to change the way in which they conduct their business. This has enormously upset many of those dealers, especially those in the antiquarian and rare (as opposed to "used") book trade.

Here is the difference between the antiquarian/rare book dealer and many of the newer online used book sellers. Many used book sellers simply buy old books wherever they can find them and post them for sale online at a mark up. They are not necessarily experts on their books. They may, in fact, know little about their merchandise, like a sales clerk at a large discount store. They probably do not have a store, and have minimal contact with their customers. They simply use their skill at finding old books to operate a business that posts them for sale on the online sites. The new Abe works just as well for them as the old Abe.

The traditional antiquarian and rare book dealer, however, is a very different animal. He or she has developed an expertise in his specialty that is of great value to his customer-collectors. This bookseller understands what is important in a particular field, what is acceptable condition for a given book, and can help the collector find the titles that are important to his collection. He survives on his relationships and knowledge as much as on his inventory, probably even more. This dealer may not sell books at the lowest of prices (although maybe he does), but that expertise can be of enormous benefit to the collector, and may help that collector avoid some disastrous mistakes. In short, service is an essential ingredient of what that bookseller has to offer. Without this service, the most knowledgeable, trained, experienced bookseller is little more than the totally ignorant newcomer who just bought a bunch of books he doesn't understand at a yard sale and decides to post them for sale online.

In the old Abe, the knowledgeable bookseller could readily provide his/her service. That bookseller could encourage buyers to contact him personally, where he could provide valuable advice to the collector. Now I certainly don't think Abe has anything against providing customers with such service, or has any desire to cut it off. It's just that in order for Abe to secure its commissions, it must cut off the direct contacts that make this service possible. It is undoubtedly an unintended consequence of moving to a commissions system, but an apparently necessary one nonetheless. To secure its commissions, Abe must reduce direct contact between seller and buyer, and in so doing, it negates the value of all the knowledge and experience the professional bookseller brings to the table. In effect, they need to prevent the professional bookseller from using his most critical tool, his knowledge, to make the sale. He is reduced to being a Wal-Mart supplier, selling books at wholesale prices to a retailer who is entrusted to make the sale for him. He is just another supplier, no better or worse than every other supplier, including those without a fraction of the knowledge he possesses.

Rare Book Monthly

  • Australian Book Auctions
    Books, Maps, Modern Literature
    May 14 (US) / May 15 (Australia)
    Australian Book Auctions, May 14/15: ORWELL, George. ANIMAL FARM. London, Secker & Warburg, 1945. $8,000 to $12,000 AUD.
    Australian Book Auctions, May 14/15: MILNE, A.A. THE HOUSE AT POOH CORNER With decorations by Ernest H. Shepard. London, Methuen, 1928. Deluxe limited edition. $3,000 to $4,000 AUD.
    Australian Book Auctions, May 14/15: TWAIN, Mark. THE ADVENTURES OF HUCKLEBERRY FINN, (Tom Sawyer’s Comrade). New York, 1885. $1,000 to $1,500 AUD.
    Australian Book Auctions
    Books, Maps, Modern Literature
    May 14 (US) / May 15 (Australia)
    Australian Book Auctions, May 14/15: RAND, Ayn. ATLAS SHRUGGED. Random House, New York, 1957. First edition. $800 to $1,200 AUD.
    Australian Book Auctions, May 14/15: [BAUM, L. Frank]. PICTURES FROM THE WONDERFUL WIZARD OF OZ By W.W. Denslow… Chicago, [1903]. $400 to $800 AUD.
    Australian Book Auctions, May 14/15: HELLER, Joseph. CATCH-22. London, Jonathan Cape, 1962. $400 to $600 AUD.
  • Bonhams, Apr. 28 – May 7: Isaac Newton on chemistry and matter, and alchemy, Autograph Manuscript, "A Key to Snyders," 3 pp, after 1674. $100,000 - $150,000
    Bonhams, Apr. 28 – May 7: Exceptionally rare first printing of Plato's Timaeus. Florence, 1484. $50,000 - $80,000
    Bonhams, Apr. 28 – May 7: On the Philosophy of Self-Interest: Adam Smith's copy of Helvetius's De l'homme, Paris, 1773. $40,000 - $60,000
    Bonhams, Apr. 28 – May 7: "Magical Calendar of Tycho Brahe" - very rare hermetic broadside. Engraved by Merian for De Bry. c.1618. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Author's presentation issue of Einstein's proof of Relativity, "Erklärung der Perihelbewegung des Merkur aus der allgemeinen Relativitätstheorie." 1915. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: First Latin edition of Maimonides' Guide for the Perplexed. Paris, 1520. $20,000 - $30,000.
    Bonhams, Apr. 28 – May 7: De Broglie manuscript on the nature of matter in quantum physics, 3 pp, 1954. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: Tesla autograph letter signed on electricty and electromagnetic theory. 1894. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: Heinrich Hertz scientific manuscript on his mentor Hermann Von Helmholtz, 1891. $20,000 - $30,000
    Bonhams, Apr. 28 – May 7: The greatest illustrated work in Alchemy: Micheal Maier's Atalanta Fugiens. Oppenheim, 1618. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Illustrated Alchemical manuscript, a Mysterium Magnum of the Rosicurcians, 18th-century. $30,000 - $50,000
    Bonhams, Apr. 28 – May 7: Rare Largest Paper Presentation Copy of Newton's Principia, London, 1726. The third and most influential edition. $60,000 - $90,000
  • Gonnelli
    Auction 51
    Antique prints, paintings and maps
    May 14st 2024
    Gonnelli: Leonard Bramer, The descent from the cross, 1634. Starting price 3200€
    Gonnelli: Gustav Hjalmar de Morner Karel, Rome’s Carnival, 1820. Starting price 1000€
    Gonnelli: Various Authors, Mater Dolorosa, 1700. Starting price 200€
    Gonnelli: Giovanni Battista Piranesi, Carcere Oscura, 1790. Starting price 180€
    Gonnelli: Jan Brueghel, Marine fauna view, 1620 ca. Starting price 28000€
    Gonnelli: Ippolito Scarsella, Mary and Christ with Sant Rocco and Arch-Angel Michele,1615. Starting price 8000€
    Gonnelli: Hans Sebald Beham, Adam and Eve, 1543. Starting price 600€
    Gonnelli: Francesco Burani, Baccanale, 1630. Starting Price 280€
    Gonnelli: Giuseppe Maria Mitelli, Plance from Ventiquattr’ore, 1675. Starting price 800€
    Gonnelli: Giuseppe Angeli, Livorno’s Plan, 1793. Starting price 240€
    Gonnelli: XIV Century Artist, Capital “N” letter, 1350 ca. Starting price 340€
  • Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Winston Churchill. The Second World War. Set of First-Edition Volumes. 6,000 USD
    Sotheby’s, Available Now: A.A. Milne, Ernest H. Shepard. A Collection of The Pooh Books. Set of First-Editions. 18,600 USD
    Sotheby’s, Available Now: Salvador Dalí, Lewis Carroll. Alice's Adventures in Wonderland. Finely Bound and Signed Limited Edition. 15,000 USD
    Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Ian Fleming. Live and Let Die. First Edition. 9,500 USD
    Sotheby’s, Available Now: J.K. Rowling. Harry Potter Series. Finely Bound First Printing Set of Complete Series. 5,650 USD
    Sotheby’s, Available Now: Ernest Hemingway. A Farewell to Arms. First Edition, First Printing. 4,200 USD

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