Last Updated on 11/23/2007 by bidz
An article from England about collectible books, but since it’s now a global market. all the same rules apply:
“Investing in books, whether the classics or cheap thrillers, can be lucrative if you know what to look for. Toby Walne reports:
A first-edition of the Emily Bronte novel Wuthering Heights printed in 1847 went under the hammer at a Bonhams auction in London last week for 114,000 pounds (US $235,000).
The classic Victorian tale of romance had no happy ending for Heathcliff and Cathy but for the seller it was all smiles. Books can be a great investment if you go for a first edition in hardback. These earliest print runs are often low in number as they were churned out before the book became a hit, so surviving copies are particularly rare and potentially valuable.”
Other first edition books to watch:
– The Maltese Falcon by Dashiell Hammett (1930): 50,000 pounds (US $103,000) with the original dust jacket.
– Brighton Rock by Graham Greene (1938): 30,000 pounds (US $61,800) with dust jacket
– Casino Royale by Ian Fleming (1953): 20,000 pounds (US $41,200) with dust jacket
There’s much more to read in the article, so check it out…