Rare Book Monthly

Articles - February - 2007 Issue

Keeping Inventory Fit and Trim

Books:  you need to know when to hold 'em, know when to fold 'em.

Books: you need to know when to hold 'em, know when to fold 'em.


By Carl Burnham

This is the time of year when resolutions come to mind. For a bookseller, it is a good time to take stock of their inventory, to weed out the worthless books that have lost most of their monetary value, are just taking up space, and not likely to ever increase in value. You know the ones, the penny books. Some of these may also be books that have been in your inventory for several years and have an Amazon ranking over 1 million. As the old saying goes, one man's trash is another's treasure, which is especially true of books. Numerous online venues and local resources are available to utilize to get rid of good condition overstock books, some of which I will cover.

The largest online venue is of course ebay for listing books in lots, whether organized into categories or not. You may have a complete collection of Winston Churchill's writings, Janet Evanovich novels, books on furniture repair, or 300 cookbooks that someone has been looking for. For book lots, the key is to have attractive photos with as much detail as possible, with your terms. Barnes & Noble offers a BuyBack program (www.barnesandnoble.com/frames/selltextbooks/.) for used books online, although not for a quantity of books. Enter in the ISBN of the book and a value will be given if offered, and postage paid mailing labels will be sent. Many book site venues have message boards which allow the posting of books or inventories of books for sale. These include Alibris, Amazon, Americana Exchange, Biblio, eBay, and others. Also look in the section for wanted books to see if there is a match for ones you have available. There are also many sites that offer niche forums that focus on specific nonfiction and fiction books, which range from those seeking biographies to Star Wars.

Book swap sites have become popular, although they are also not a quick way to get rid of your overstock books. These sites include PaperbackSwap, Bookcrossing, TitleTrader, FrugalReader, and BookIns. My least favorite of these is BookCrossing, simply because they encourage a sticker to be placed inside the book cover, thereby further decreasing any future potential value of the book.

If you don't want the hassle of selling and dealing with shipping out overstock books (especially if large lots), list them on your local craigslist website, with photos and useful descriptions of course. You may just gain some local customers who have a keen interest in specific types of books that you offer as well.

Rare Book Monthly

  • Bonhams, Dec. 8-18: Autograph Letter Signed ("Martinus Luther") to His Friend the Theologian Gerhard Wiskamp ("Gerardo Xantho Lampadario"). $100,000 - $150,000.
    Bonhams, Dec. 8-18: An Exceptionally Fine Copy of Austenís Emma: A Novel in Three Volumes. $40,000 - $60,000.
    Bonhams, Dec. 8-18: Presentation Copy of Ernest Hemmingwayís A Farewell to Arms for Edward Titus of the Black Mankin Press. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript Signed Integrally for "The Songs of Pooh," by Alan Alexander. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript of "Three Fragments from Gˆtterd‰mmerung" by Richard Wagner. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Original Preliminary Artwork, for the First Edition of Snow Crash. $20,000 - $30,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("T.R. Malthus") to Economist Nassau Senior on Wealth, Labor and Adam Smith. $20,000 - $30,000.
    Bonhams, Dec. 8-18: History of the Peloponnesian War by Thucydides Finely Bound by Michael Wilcox. $20,000 - $30,000.
    Bonhams, Dec. 8-18: First Edition of Lewis and Clark: Travels to the Source of the Missouri River and Across the American Continent to the Pacific Ocean. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Original Artwork for the First Edition of Neal Stephenson's Groundbreaking Novel Snow Crash. $100,000 - $150,000.
    Bonhams, Dec. 8-18: A Complete Set Signed Deluxe Editions of King's The Dark Tower Series by Stephen King. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("John Adams") to James Le Ray de Chaumont During the Crucial Years of the Revolutionary War. $8,000 - $12,000.
  • Sotheby’s
    Book Week
    December 9-17, 2025
    Sotheby’s, Dec. 11: Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] Journal of the Proceedings of the Linnean Society, Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.
    Sotheby’s, Dec. 11: J.K. Rowling. Harry Potter and the Philosopher's Stone, 1997, first edition, hardback issue, inscribed by the author pre-publication. £100,000 to £150,000.
    Sotheby’s, Dec. 11: Wolfgang Amadeus Mozart. Autograph sketchleaf including a probable draft for the E flat Piano Quartet, K.493, 1786. £150,000 to £200,000.
    Sotheby’s, Dec. 12: Hooke, Robert. Micrographia: or some Physiological Descriptions of Minute Bodies made by Magnifying Glasses. London: James Allestry for the Royal Society, 1667. $12,000 to $15,000.
    Sotheby’s, Dec. 12: Chappuzeau, Samuel. The history of jewels, first edition in English. London: T.N. for Hobart Kemp, 1671. $12,000 to $18,000.
    Sotheby’s, Dec. 12: Sowerby, James. Exotic Mineralogy, containing his most realistic mineral depictions, London: Benjamin Meredith, 1811, Arding and Merrett, 1817. $5,000 to $7,000.
  • Heritage Auctions
    Rare Books Signature Auction
    December 15, 2025
    Heritage, Dec. 15: John Donne. Poems, By J. D. With Elegies on the Author's Death. London: M[iles]. F[lesher]. for John Marriot, 1633.
    Heritage, Dec. 15: Edgar Rice Burroughs. Tarzan of the Apes.
    Heritage, Dec. 15: F. Scott Fitzgerald. Tender is the Night. A Romance.
    Heritage, Dec. 15: Bram Stoker. Dracula. Westminster: Archibald Constable & Co., 1897.
    Heritage, Dec. 15: Jerry Thomas. How to Mix Drinks, or the Bon-Vivant's Companion, Containing Clear and Reliable Directions for Mixing All the Beverages Used in the United States…
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