<------- Please Select the Option you Prefer ------->
For more information to help you decide which option is best for you, see the information provided, below.
Selling at Auction
Why take offers for your book from one or two dealers when we can present your book in front of thousands of dealers and collectors from around the world? There is a reason why auctions have been used by buyers and sellers for thousands of years: It works! This method of selling is the most fair to the seller and the buyer. Auctions offer a method of selling property within a reasonable amount of time.
One reason that most will prefer selling at auction is because the seller's interests and the auctioneer's interests are essentially the same: Both want to sell the property for the highest possible amount. The auctioneer makes money based on a percentage of the sale price. In contrast, if you are selling your property to a dealer, then your interests and the dealer's interests are at odds; you are trying to sell your item for the highest price while the dealer must buy your property at the lowest possible price in order to sell it for profit.
In most cases, items sold at auction will sell within the estimated range. The great thing about auctions is that there is no cap on how high the price may go. It only takes two people at the auction (who want the same item) to drive prices into the stratosphere. So, while there is the risk an item may sell below estimate, there is the same chance that it may sell for more than estimated; plus, whereas the downside is typically limited by using a reserve, the upside is entirely unlimited.
Auctions are always going to be the most viable method for selling rare books. But items of higher value and collections in particular will tend to benefit the most.
Why Use Our Auctions?
If you decide that selling at auction is best for you, then we offer several advantages over other auction houses:
1. We are a specialized auctioneer. This means that we sell rare books in rare book sales rather than including them in general "antique" auctions. This means that your book will be sold to an audience interested specifically in buying rare books. This means better prices and more fair prices, because the prices are decided by an informed bidding public. We have a strong base of bidders from around the world who bid with us from locations around the world.
2. Unlike other specialized auctioneers, we do not charge cataloguing and photographing fees. Many specialized auctioneers charge anywhere from $30 to $100 to photograph and catalogue each item.
3. Our commission rates (figured by percentage) are comparable to other auctioneers but are reduced as the price goes upward.
If you are in a hurry to sell and are more interested in selling quickly than getting every last dollar out of your book, then selling directly to us is a good option. It is a very fast and easy process.
The good thing about selling directly to us is that it is fast and it is "cash-in-hand." You know exactly how much you are going to get. Selling at auction, the prices can fluctuate some and there is a bit of risk and waiting involved.
On the downside, selling directly to us or any dealer is never going to be the most profitable for you. In order to make money on a rare book, the dealer has to buy the book very cheaply. If he or she cannot buy it for a very good price, then it is not worth their time. Selling a rare book on the retail market (as a dealer must do) is a very time-consuming and expensive process. So, while this option is easy and fast, it also means that you will have to sell the book at a cut-rate. If you want a more fair price, then the auction option may be your best bet.
If a dealer is going to pay fair-market value for a book, then why buy it from you? If they are going to pay fair-market value, then they can simply go to a rare book auction and pick and choose which books to buy based upon their clients wants. In other words, if you want to sell a book to a dealer, then the dealer has no incentive to offer fair-market value. If you want a decent price, then don't expect it from a dealer.
Illustration: You have a rare book estimated to be worth $500 to $800. The dealer will typically offer around $250 to $300.
Advantages of Selling Directly to Us
Unlike most other dealers, we actually will tell you what we think the book is worth when we make an offer. We are honest and up-front with you about your options for selling, and our first offer is always our best and last offer.