Some Ugly Ducklings Amongst Used Books, 2007 is a new $4.99 ebook listing 58 ordinary-appearing, even nondescript, used books that can actually be worth $100 or more has just been released. This list focuses on books that can occasionally be found amongst used books at FOL (Friends of the Library) sales, thrift stores, estate sales, and even yard sales. It’s available in Mobipocket format (ISBN 1-59243-302-2, publisher Peverell Press) directly from Mobipocket.com and will soon be available from a number of other online ebookstores such as Fictionwise as well. You’ll need to download the appropriate version of the free Mobipocket Reader software for your PDA, Pocket PC, smart phone, or computer to be able to read it. Although this ebook can be certainly be read on a desktop or laptop computer, it’s specifically designed for a handheld portable device so that you can take it along with you to refer to at stores and sales. Here are the table of contents and some excerpts from the introduction.
Table Of Contents
Introduction
Fiction — Horror: Hardcover
Fiction — Horror: Paperback
Fiction — Fantasy: Hardcover
Fiction — Fantasy: Paperback
Fiction — Science Fiction: Paperback
Fiction — Mystery, Thriller: Hardcover
Fiction — Mystery, Thriller: Paperback
Fiction — Modern Literature: Hardcover
Fiction — Modern Literature: Paperback
Fiction — Romance: Paperback
Nonfiction — Hobbies & Crafts: Hardcover
Nonfiction — Hobbies & Crafts: Paperback
Nonfiction — Art: Hardcover
Nonfiction — Art: Paperback
Nonfiction — Other: Hardcover
Nonfiction — Other: Paperback
From the Introduction
About This Ebook
This list of 58 “ugly ducklings” in the used book world was compiled in late 2007 with used booksellers (myself included) specifically in mind. I’m using the term “ugly duckling” here to suggest something of unusual latent value that wouldn’t normally merit a second glance. In this case it’s a superficially unremarkable used book with demonstrated high market value on eBay. This list is a completely original one — you won’t find it anywhere else — and it’s unique in that it focuses on sought-after “ordinary” books as opposed to well-known valuable ones.
“Ugly Ducklings” vs. Rare Books
There’s no question that rare collectible books are the most valuable ones, but, as fascinating as it might be, a list that begins with a signed first edition of J. D. Salinger’s The Catcher In The Rye and continues in that vein is unlikely to be of great help to a used bookseller for two reasons.First, these extremely valuable books are so scarce as to be very seldom encountered — it’s their extreme rarity that gives them their value. Second, identifying books in this league is fraught with pitfalls. Is this actually a true first edition? Is the signature indeed Salinger’s, or is this perhaps a clever forgery, as elemental analysis of the ink using a scanning electron microscope might reveal?
Book World Frauds and Hoaxes
There’ve been several high-profile cases of cleverly forged manuscripts in the past few decades. The “Hitler Diaries” hoax that took in Time magazine and the fraudulent “Salamander Letter” (which added the dramatic element of parcel bombs to outright forgery!) come to mind. Both have extensive entries in the Wikipedia so I’ll merely allude to them here. The main point is that the more money there is involved with something collectible or of historical interest, the greater the incentive to defraud or at least to reproduce in facsimile edition.
“Ugly Duckling” Used Books
More useful to the average used bookseller is a list of valuable but superficially unremarkable books that one might actually encounter at a yard sale, rummage sale, FOL (Friends of the Library) sale, or thrift store. By “ordinary” I mean a book published in the last 20 or 30 years, as opposed to a musty, yellowed, antiquarian book, and one without any of the special attributes that would clearly identify it as a collector’s item.
Not Signed First Editions
In other words, this isn’t a list of signed first editions. To reemphasize, “ugly duckling” books, as I’m using the term here, are those that might be found mixed in with all the rest at yard sales, on the main shelves of thrift stores, and at rummage sales. They’re also generally not the ones set aside for the “rare books” or “better books” section at a big Friends of the Library sale, let alone the ones sometimes found in glass display cases at estate sales.
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More About the List
I’ve confined this list primarily to books with ISBNs because that’s the most reliable way to identify specific ones when multiple editions have been published, although there will still be the complexity of recognizing and avoiding book club editions in some cases. This list is divided into genres and binding types to make it easier to refer to, especially since this is the way used books are often organized at thrift stores as well as large Friends of the Library and rummage sales.In addition to pointing out authors, titles, and editions of particular value, perusing this list can also call to your attention certain minor genres such as books on knitting that you might otherwise overlook.
How Has This List Been Assembled?
This list has been painstakingly compiled from completed sales of individual books on eBay in late 2007. In cases where the book is a true first edition (meaning also a first printing) that’s because, as best I can determine, no subsequent printings or editions were issued. Some of these books are “sleeper titles” or cult classics that gained popularity with a small group of enthusiastic fans several years or even decades after their publication.
Price and Condition
The prices given here are for copies that are in good or very good condition — a paperback that’s gotten dropped in the bathtub or left out in the rain is another story! In most cases, these are also not ex-library copies, and hardcovers will usually need good dust jackets to command prices in this neighborhood.
How Much Should You Pay For One of These Books If You Find One?
For reasons to be discussed later on, there’s no guarantee of getting anything close to the price of one of the books on this list, should you be fortunate enough to find one. For that reason, as a general rule I’d personally only pay $1 to $3 (in other words, typical yard sale and thrift store prices) for one unless I could be absolutely certain that it didn’t have some subtle but important defect and that it was a book that brought a high price consistently, not just once in awhile.
eBay As an Information Source
Obviously the current eBay auction prices of specific books can be very useful information, and the range of recent prices is important as well. However, if you look at completed listings on eBay, you’ll also find the starting bids for some books that didn’t sell informative, such as first editions of John Grisham novels priced at $200.The information about specific books on this list is taken directly from the eBay listings, which are sometimes incomplete in that they may omit the ISBN or the name of the publisher. For the most part I haven’t attempted to fill in missing information for fear of introducing inaccuracies in the process of doing so.
Using an Ebook
Although it’s certainly possible to read an ebook on your desktop or laptop computer, this list of “ugly duckling” books is really intended for use with a PDA, Pocket PC, or smart phone which you carry with you when you’re out looking for books to buy.
Where This List Will Come in Handy
As you read over this list, no doubt some titles will immediately strike you and stick in your memory. However, if you encounter one of these books a month or two from now, you may wonder about some detail you have difficulty recalling, like the publisher or the publication date. In such cases, you can quickly consult this ebook to refresh your memory and check important details.
More About Using Ebooks
Ebooks are digital documents which have the advantage that they’re searchable, so you can quickly find a book using the author’s name or a word or two from the title. However, they’re not databases, so you’ll find that you can’t sort the listings.Depending on your reading device and ebook reader software, you may also be able to highlight, bookmark, or annotate specific passages.You’ll notice that each of the books on this list has a tiny thumbnail image showing its cover, which can obviously be helpful in spotting it or in confirming that a copy you’ve found is the same edition. Depending on your reading device and ebook reader software, you may be able to expand this image to a full-screen view simply by tapping on it.Another useful feature of ebooks to keep in mind is that you can easily expand or shrink the text for convenience in reading.
A Field-Tested Guide
This ebook is field-tested in the sense that I’ve used it extensively myself and have optimized it for use on my antiquated ViewSonic V35 Pocket PC. The V35 was a humble and limited Pocket PC model even at the time of its introduction, let alone by today’s standards, so if you have a newer Pocket PC, PDA, or smart phone, you should find the speed of access excellent.
Your Own List
Why can’t you compile your own list simply by searching for completed book sales on eBay? If you’re an eBay member, you certainly can, and, in fact, it’s an excellent idea to do so because you’re certain to pick up additional valuable books — ones that happened not to come up for auction while I was in the process of compiling my list.
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Why eBay Rather Than Amazon.com?
Why use eBay rather than Amazon.com for prices? Amazon Marketplace listings show the asking price for books, not completed sales, and the phenomenon of “highballing” (listing a book for much more than other comparable copies, a puzzling phenomenon pondered from time to time in the Amazon Sellers forums) means that the highest asking price is not always a reliable indication of a book’s actual value. The price at auction is much better in this regard, although this list does also include some books sold at a fixed price by eBay stores or using eBay’s Buy It Now listing option.
Why Use a List Rather Than a Scanner?
Why use a list rather than a scanner? Of course, you can certainly use this list in conjunction with a PDA or cell phone scanner — they’re by no means mutually exclusive alternatives. However, at a yard sale you might not want to advertise yourself as used bookseller by using a scanner, feeling that your hosts will be more amenable to negotiating prices with you if they don’t regard you as unabashedly mercenary.At a crowded Friends of the Library sale, you might want to be able to pick books faster than your competitors using scanners. And, of course, you can always glance quickly through shelves or rows of books to see if any on this list catch your eye before setting in to scan them methodically.Picking out a valuable book by a quick glance at the shelves would be using the intuitive technique Malcolm Gladwell calls “thin-slicing” in his book Blink. Without discussing his ideas about the brain and information processing in detail, suffice it to say that “thin-slicing” relies on a framework of previously acquired information as opposed to sheer clairvoyance.
Amazon or eBay for Selling?
If you find one of these books, should you sell it in Amazon Marketplace or another online venue like Alibris, or auction it on eBay? That depends on how soon you want to get a monetary return on it. What I’d personally do is list it first on Amazon.com at something like the eBay price. If it hasn’t sold after some reasonable period based on its sales rank, even with a modest price reduction or two, then I’d think about auctioning it on eBay, where I’d probably set a low starting bid to attract more bidders, with no reserve, and take the risk of getting a disappointing price for it.
Listed Price vs. Current Price
Will you get the listed price for one of these books? That question is a difficult one to answer because the price depends on supply and demand. As an extreme example, if there were only two bidders for a particular book on eBay and the losing bidder subsequently won another copy, the market for high-priced copies may have been saturated, and your copy may bring much less at this point in time.Supply and demand can work the other way too, so I’d check the price of comparable copies on Amazon.com and be sure not to underprice my copy if it looks like the eBay buyer got a bargain.
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The Bantam Agatha Christie Collector’s Editions
While many titles in the Bantam leatherette collector’s series issued in the late 1980’s and early 1990’s are quite common, a few are scarce and hence can be sought after by collectors, selling at times for more than $100 each on eBay. However, if you do a little reading about books in this series in the eBay booksellers discussion boards (just search for “Agatha Christie price”), you’ll find that there’s considerably more complexity here than might appear on the surface.For example, although most of the books in this series you’ll encounter (or, at least, the ones that I’ve encountered so far) are published by Bantam and have a tiny gilt rooster symbol on the spine, a few are later editions published by Literary Express which lack the symbol and are considerably less valuable to collectors. To make matters more confusing, there are editions of one or two titles that say “Bantam” on the spine but “Literary Express” on the title page!And, as eBay forum contributors note, prices for these books can fluctuate dramatically even in a short period of time. One contributor reports getting only a deeply disappointing $10 for his copy of a title that had brought $100 just a few days before because another seller also listed a copy, saturating a tiny niche market.
eBay Prices and Supply
Will you get the historic prices if you auction books from this list on eBay? Be aware that many booksellers do keep an eye on book sales on eBay. If a particular book brings a high price, they’ll scurry to ferret out additional copies and the supply may suddenly jump as a result.
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Prices and Broader Factors
In the broader picture, seasonal factors may enter into auction prices too, with people making their big expenditures before Christmas and becoming more frugal in January and February. General economic conditions may also play a role. For example, at the time of this writing, consumer confidence is down due to fears of an imminent recession, and this may be reflected in much lower prices for collectible books in general. However, it’s not entirely clear that this is inevitably the case because sales of high-end luxury items are generally reported to hold up well during economic downturns.
REFERENCES
Gladwell, Malcolm. 2005. Blink. New York: Little, Brown, and Co. 296 pp. ISBN 0-316-01006