INVESTMENT COLLECTING

Let me say right here that if you collect the right books and buy them at the right price… there’s a good chance that their value will increase and you will make money when you resell them. Rare books, in VG condition, signed books, books in preferred genres will increase in value over time.  Most collectors don’t start collecting books with the thought that they will sell their collection later.. but like the old saying.. “You can’t take it with you..” — the reality is that eventually the books will be resold if not by you by your heirs.

With this in mind it’s a good idea to keep a spread sheet on your collection and note the year and price paid tor each book of the collection. This information will keep a good running tally of the money you have spent on the collection  (investment) as well as a basis to start if you were it sell.

Most expensive books are sold at book auctions through the major auction houses like Christies, Sothebys, Heritage, Invaluable and others. These auction houses often charge high commissions, yet also will bring in the wealthiest bidders. If you have top books in a top sale, chances are you will profit and the books will find a good home, albeit the collection will be split up.