A.L.Humphreys was a miscellaneous writer and bibliophile whose knowledge of books and book collecting surpassed that of most dealers and librarians. In The Private Library (1897 ) he has sound and revealing things to say, and although, as one reader has inscribed in pencil on the title –page of our copy, ‘ since 1897 many views expressed here have been superceded ‘, Humphreys is still worth reading. One of his wisest chapters is entitled ‘ Book Values ‘. Here are some of the highlights from it:
‘…It would be impossible to tell all the causes which go toward determining the value of a book and which cause it to fluctuate in price. There is but one way to arrive at a reliable knowledge of book values, and that is to begin stall-hunting as soon as you leave school or college and continue until past middle age, absorbing information from stalls, from catalogues, and from sale-rooms. The records of prices at which books have been sold in the auction rooms, and which are regularly issued, are useless in the hands of an inexperienced person. To make up your mind on Monday that you are going to begin a career of successful bargain-hunting and book collecting is only to be defrauded on all the other five remaining days. Experience must be bought, and an eye for a good copy of a book, or for a bargain of any kind, only comes after years of practice…
According to Clement1), there are two sorts of rarity in books; the one absolute, the other conditional or contingent. There are rare editions of very common books. There are books of almost common occurrence in public libraries, which are rarely seen in the market. A book or an edition of which but very few copies exist is called ‘ necessarily rare;’ one which is only with difficulty to be met with—-however many copies may be extant—he calls ‘ contingently rare. ‘ Continue reading