The Collector Dude!
  • Collector Dude's Blog
  • Who am I?
  • For Sale
  • Stuff I Like
  • Contact me
  • Collector and Reference Links
  • Consignment and Consultation

470% Return on Book Investment

10/5/2012

0 Comments

 
Picture
So last nights foray into a new collectable and possibility of profit turned out to do quite well. With a small investment, a quick drive to the auction and a 25% payout on the final hammer fee, I still turned a 470% profit on 5 books. Easy peasy. 

So some quick tips for all the book collectors out there.
1. If you plan on keeping it in your collection, BUY SOMETHING YOU LIKE! The whole point behind collecting for fun is to enjoy it.  Read it, put it away and display it properly.
2. If you're buying a book for investment, remember you don't have to spend a lot and the book does not have to be old. One of the most highly sought after book was published in 1997. What was it? The first of the "Harry Potter" series. A first edition hard cover with dust jacket is currently worth about 5-$9,000. 
3. Signed books can triple a books value. The same Harry Potter book, signed by the author can fetch up to $15,000
4. Condition, condition, condition. I will continue to beat this drum loudly. The Pierre Berton signed book I sold last night was in poor condition and I still made 400% mark up. The same book in pristine condition would have been double the price. 

Next Up. How to identify a First edition by the printing number. 
0 Comments



Leave a Reply.

    Author

    A collector of everything. I know a little about a lot, and a lot about a little. But!! I know where to find it!.

    Archives

    February 2022
    February 2016
    January 2016
    December 2015
    November 2015
    May 2015
    April 2015
    March 2015
    January 2015
    October 2014
    June 2014
    March 2014
    February 2014
    January 2014
    December 2013
    June 2013
    May 2013
    April 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012

    Categories

    All
    5 Essentials
    Antique Books
    Auction Challenge
    Auction Preperation
    Black Americana
    Border Issues
    Cast Iron Footstool
    Crackerjack Cards
    Ebay
    Free Tickets
    Hockey Jerseys
    How To Make Money
    Kontiki
    Marilyn
    Most Valuable Sports Collectable
    Movie Stills
    Olympics
    Paypal
    Shoeless Joe Jackson
    Star Trek
    Storage Locker
    Top 10 Valuable Collectables
    Where Do I Find Stuff?
    Why Collect
    Yesterday And Today

    RSS Feed

Powered by Create your own unique website with customizable templates.
Photos used under Creative Commons from dno1967b, lorenzo281203