How To Find The Value Of Old Books

how to determine value of old books

Fine Books & Collections is a bi-monthly magazine with articles about book collectors and collecting, book fairs and auctions, and other news from the world of books and publishing. Many organizations receive books as donations and hold book sales to sell them at moderate prices. Volunteer thrift shops, charitable organizations, and church and school bazaars often are eager to receive book donations. The principles set down above for printed Bibles generally apply to other religious books as well. Much of this material was intended for wide circulation, and great quantities were printed. Moreover, the owners of the books often treasured them with the result that substantial numbers survive today. Religious texts often are printed cheaply and distributed as inexpensively as possible, which, combined with the size of the field and restricted present-day demand, give them a low monetary value.

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However, a first edition in near fine condition from 1859 is much, much rarer than a modern paperback copy, or even a copy printed in 1880, with a price in the six figures. Most hard cover books published since 1910 were sold with a dust jacket. Dust jackets that are missing, when called for, from books or dust jacket that are in rough condition can reduce a book’s value by up to 90%. If you’re unable to find a comparable copy on Biblio, try using BookGilt which searches for antiquarian and rare books across the entire internet. Book Club Editions Book of the month clubs often use the same printing plates as the original publisher, right down to the words “First Edition” on the printing history. You can find detailed help on identifying book club editions here. First editions are sought-after by book collectors and a first edition is usually more valuable than a later printing.

Determining The Value Of Old Books

If the book is newer and published after 1970, it will also have an ISBN number that can be entered that will help confirm the details. It is also recommended that you check the inside cover of the book, in order to identify who published the edition that you have. Add the publisher name into your search but ensure that you leave out labels such as limited or company as these can change often. To help find the value of your old books, there are many price comparison websites that can help. Bookscouter is a great option, as all the information that you need can be accessed easily. Using the search box on the website, add in the title and author of the book.

  • Such guides can usually be found in your local library or in the Reference or Collectibles sections of bookstores.
  • Because there are so many factors to consider, each book needs to be valued individually.
  • The Antiquarian Booksellers’ Association of America may be able to help you find a book dealer in your area.
  • The “Search for Books” section of the Antiquarian Booksellers’ Association of America Web site is another fine online resource for conducting a rare book search among the ABAA membership.
  • While you may never actually run across a first edition in one of these settings, it never hurts to know the potential value of these collectibles and how to identify them, just in case.

The issue applies to any book published prior to the 1970’s, when the ISBN system was formalized. Here’s how to find out how much your old book is worth even if it doesn’t have an ISBN. When I say it’s hard to know what you have, it’s because books can have details you couldn’t know to look for. For example, it’s difficult to ascertain whether your old book has all its pages without a complete copy to compare it to. Also, repairs or treatments that take a trained eye to notice can affect prices dramatically. Dealers pay immediately, usually about one-third of the retail price. The fair has a lengthy list of dealers in addition to Honey & Wax and B & B Rare Books.

Dust Covers

Use “binding copy” to refer to a book whose pages are in decent condition but which requires a new binding. Regardless of condition, refer to your book as an “ex-library copy” if it contains library markings or originated at a library. If your book isn’t terribly rare, a copy in worse condition will always be of less value than a similar copy in a better condition. Ask a librarian to help you look up your book in an online catalog if you’re having trouble. Pass any blank pages and the half-title page, if there is one, which contains only the name of the book. Turn to the reverse or the following page for the copyright page. Use this guide to research the value of your old coins and paper money.

Reprinting important texts in typographic or photographic facsimile is a common and inexpensive means of producing a previously printed text. Such facsimiles are generally not rare and are valued as used books. Extremely high-quality reproductions of medieval and Renaissance manuscripts and early printed books, however, can be quite expensive. Color facsimiles published during the nineteenth century are also valued by collectors when they were produced using innovative printing techniques such as collotype or chromolithography.

Evaluating Your Old Book

Armed with your list of identifying information along with your condition assessment, search online book dealer inventories for your book by title. Then, cross reference identifiers like author, edition, publisher, binding and condition to get a general idea for the value of your book. Here’s how to sell rare booksIf the edition isn’t explicitly mentioned, see if the copyright page lists prior printings. If such a line exists and includes the number 1 or the letter A , you likely have a first edition . If you can’t find enough information about your book in current online marketplaces or from recent auction news, you could consider hiring an appraiser.

  • Additionally, those are frequently exceptional copies, in fine condition, with notable provenance, or with important author signatures or inscriptions.
  • If you feel as though your book is worth more than what others are willing to pay for it at any given moment, just hang onto it.
  • A number of printed references to collectible books exist.
  • As the tape ages it will make a sticky mess that will seal and stain the pages and become almost impossible to remove.
  • If you bought them, you can use your invoices or receipts.
  • On the other hand, if there are a lot of copies, the price may be lower.

Hold onto your book if you’re not comfortable selling it. You only have one chance to cash in on the market value of your book. If you feel as though your book is worth more than what others are willing how to determine value of old books to pay for it at any given moment, just hang onto it. After a few years, the value may increase.It’s also okay to hold onto a book that has significant personal or sentimental value for you.

Later Editions

Because many things to consider, it can be best to have the volume appraised by a qualified book dealer. The dealer will want to see the book so you’ll want to find one in your area. How do people determine if they’ve got a first edition or just an old book?

how to determine value of old books

Indeed it is, and this fact keeps collectors, dealers, and librarians constantly on the lookout for books previously neglected but now seen as important. Unfortunately, there are no easy formulas or unequivocal guides to rarity. In fact, there is often no one distinctive feature that will set a rare book apart from other books. In the final analysis, the most essential factor is the book’s intrinsic importance, for only books with some acknowledged importance will have a consumer demand that creates market value and a sense of rarity. This is a question that most dealers hear several times a day, and the fact that it’s a legitimate question for you to ask doesn’t make it any less frustrating for a dealer to have to answer it. Collectors want to be assured that they are not foolishly spending their money, and rightly so.

Evaluating Old Books

If your books are rare or valuable, then finding a bookseller that specializes in the particular kind of books you have may be your best option. Directories published on the Web by the Antiquarian Booksellers’ Association of America or the International League of Antiquarian Booksellers can help identify qualified merchants. If the first dealer you contact cannot help you, ask for a referral. Speaking of hammer prices from auctions, when you do start searching for examples of recent sales, it’s important to remember that the rare book market—like other markets—fluctuates.

Requesting an online valuation of your book is simple and entirely free of charge. You just need to complete our appraisal form with a brief description and some photos. This information will be sent directly to one of our antiquarian book experts who will provide you with a price range and sales advice. If you are unsure whether you have a rare, valuable or historical book, you should first consult with an antique book appraiser or a rare collections department at your nearest university library. They should be able to tell you the market value and advise you of other important facts surrounding your book. A book known to exist in only a few copies may have significant monetary value if collectors and libraries prize it.

An appraiser will need to inspect your books personally and then research his or her findings in specialized bibliographies and published sale records in order to determine values. Depending on the size of your collection, this may require many billable hours. Thus, one factor in deciding whether you need to have your books appraised is whether your collection is worth enough to warrant the expense. An experienced appraiser should be able to give you an estimate of the cost in advance if you provide an adequate preliminary description of your books. Any listing of books should include for each item the name of the author, the exact title, the name of the publisher, and the place and date of publication.

However, a fine copy with an excellent just jacket can be over $100,000. And that is because of the rarity of the book copies with quality dust jackets.

Terms including “very good,” “good,” “fair,” and “poor” indicate increasing levels of defectiveness. Note the details about your book’s physical condition as it relates to the grade you’ve assigned it. Match your book’s details with a record in an online catalog.

The size of an edition, whether explicitly limited or not, does not by itself determine a book’s rarity or value. When authors become popular and well established, publishers often issue collected editions of their works. Such editions may be offered in special bindings and may even be limited and signed, but they are seldom rare. Exceptions include editions published by fine presses or those with historically significant editors, which may be valued by collectors or libraries for that reason.

Is a second printing a first edition?

To publishers, a first edition is the first version of a book before changes are made (forewords added, afterwords added, typos corrected, whatever requires a new typeset). … That is a second printing, first edition.

Use clear mylar covers to protect them from further wear. If changes are made to a book after the first printing, the book would be described as a second edition. Changes of this nature can include adding a chapter or the addition of a foreword, for example.

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However, your best bet is to leave it to the professionals to determine the condition, as exceptions can be made for older books. Determining the value of a book means considering its condition, printing, and rarity. Because there are so many factors to consider, each book needs to be valued individually. Copies from the 19th and 18th centuries owned by slaves or women carry a premium, according to Heather O’Donnell, co-owner of Honey & Wax bookseller. From 1925 for $162,500 at a rare book sale in New York City. For example, most high school students learn about Charles Darwin and get to know his “On the Origin of Species.” You can get the book in a paperback for a few dollars and even get the e-book free on some websites.

how to determine value of old books

Generally, your regular householder’s insurance policy will cover the value of your book collection. If a book in your collection has been professionally appraised at a substantial amount, you may want to have your insurance agent draw up a rider policy.

  • Such editions may be offered in special bindings and may even be limited and signed, but they are seldom rare.
  • Finally, books in exquisite leather bindings and hand-colored plates and illustrations are likely to become rarer than regular copies.
  • The answers are meant only as general responses to these questions, and the many possible exceptions are not described.
  • Keep in mind that an appraisal is different from asking the bookseller to buy your book from you.
  • Check to see if the outer cover and spine are faded, ripped, or warped in any way.
  • In addition, any book with a remainder mark is not considered collectible unless it is truly scarce.

With your book in hand, ask yourself the following questions. To determine the true market value of a book, or any other collectible item, an appraisal may be necessary. A first edition is the first time a book is printed by a publisher. We are located in the Chicago suburbs but serve a wide audience throughout the Midwest. We will work with you every step of the way to ensure all of your appraisal needs are met … In a book appraisal, a value is placed on each book or group of books, depending upon an estimate of their worth based on current market conditions and other factors. Books with a fair market value of $100 or more are listed individually on the appraisal.

I also have a copy of the 1948 edition of Great Novelists and Their Novels by W. Ask a QuestionHere are the questions asked by community members.

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