I've always enjoyed visiting book stores. I had followed my brother-in-law around used bookstores for years. He started collecting books in the '80s when he was out on the west coast.
I liked browsing for books but didn't know anything about what made a book collectible. I didn't understand back then why he was interested in picking up Cormac McCarthy's "All the Pretty Horses" for a few dollars ... but I do now!
Then the Internet arrived ... my brother-in-law showed me how to look up the prices of books on the Internet using Advanced Book Exchange and Ebay. He gave me many other book collecting tips.
So ... in 1998 I decided to begin book collecting.
Below and throughout the site are book collecting tips I've learned over the years:
1) For a book to be collectible, it must be a first edition (also called first printing)
How can you tell? Well, open the book up to about the third page - usually the page after the title page - the copyright page.
Look near the bottom the page. There will normally be a line with numbers from one to 10. (i.e., 1 2 3 4 5 6 7 8 9 0)
If you see a number line with a "1" in it then it is a first edition.
If there is no number line then look for the words "first edition" or "first Printing" or "first published".
Condition is critical to the value of a book. Just reading a book once can result in stains, tears, or rubbing that may reduce its value by 30-50% or more. The highest grades of a book are called Very Fine (essentially flawless) or Fine.
These are the book collecting grades that I try to purchase.
3) An author's first book will usually be the most valuable book she or he writes
The publisher is taking a chance on a new untested author. So only a small number of books ... possibly only a few thousand books may be printed.
If the author gets favorable reviews and sells out the first printing... the publisher may call for a second printing with more books. And sign the author up for a second book.
The author's next book will probably have a print run in its first printing of ... two to three times that of the author's first book. You can see due to supply and demand the first book's value will be higher ... perhaps much higher than the second book!
Another book collecting tip is to ...
4) Collect hardcover books
The Trade Edition hardcover is usually the first book sold. It will have a much greater longevity than the paperback which will turn yellow over time and the pages will become brittle.
Paperbacks may come out six months to a year later. Paperbacks are made to be read. Some may choose to collect them but I don't. The same goes for book club editions. These books are shorter, thinner and don't have a price on the dust jacket.
I buy paperbacks for reading ... not collecting!
5) Select books from these Book Genres: Literature, Science Fiction, Fantasy and Mystery
What does genre (pronounced zhahn'-ruh) mean? It is a category or style that can refer to movies (for example horror films), music or books. Books in other genres such as history or biographies can be very collectible, too. But they may not reach the heights of value that the fiction genres can.
6) Book Awards
Books that have won book awards are often very collectible and valuable. In particular ... be on the lookout for an author's first book which has won an award.
Check out the
book awards
listed in our other pages.
7) Books that are generating buzz may be worth collecting
A book collecting tip to consider is collecting books with good book reviews, mentioned positively in Publisher's Weekly ... or the book is being made into a movie.
8) Signed Books
Books that are
signed by the author
generally increase the value of a book by 20 to 100%.
Authors sign more books early in their career ... and less as they become more famous. So later signed books by well-known authors may have considerable value ... even if many first editions were printed.
Watch for author signings at books stores and fairs.
9) A book will be more collectible from the country in which it was first published
Often the same book is published both in the US and in the United Kingdom. If it was published first in the UK it will be called the "true first" and have more value.
Books published in the UK and Canada are printed in lower numbers due to the small populations - this makes them more valuable.
10) Valuable first editions can be found on the bargain shelves in major book stores
Publishers discount books that have stopped selling well or that have been reprinted too many times. First editions of authors first or second books can sometimes be found. Sometimes without a remainder mark on the bottom or top of the text block.
Click here for more
book collecting tips on book care.