Shakespeare once said “To sell or consign, that is the question”. Now, don’t quote me on that as I haven’t read his First Folio lately, but I believe the premise was something along those lines.
Historically, there are two main ways that book dealers acquire their wares to sell. They can either be from their private collection, or they are contacted by people with a collection to sell. This can be from collectors that have amassed a large library, or from a Law Firm that is handling an Estate with a library they need to liquidate. The other way is when we act as an agent for the owner to sell on their behalf to our customer base. This is known as Consignment.
For the buyer and the seller, both of these scenarios result in their own set of pros and cons. If you inherited a library, or have a collection of books that are valuable and you could benefit from liquidating them to help out your family, or start a new business venture, the speed at which you receive your money can be very important. If you have books that our customer base is known to collect, they will sell quickly, provided they are in a price range that is attainable for most buyers. It is far easier to sell ten $300 books, than it is to sell one $3000 book, due to supply and demand. If you need access to the money as soon as possible, selling your books to us is the fastest route. You will be paid cash on the day, after inspection, and you are free to spend it any way you choose.
On the other hand, if you wish to consign a valuable book, or they represent a genre that we don’t specialize in, then it will take longer to sell, as it will require more marketing and exposure to find the right buyer for you. This could be as fast as a few days, or could take six months, a year or longer, depending on how rare and expensive your book is.
While the book is sitting in our cabinets, you will not receive any money for it. The temptation may be there to think “I will take it back and put it on eBay”, but I can assure you, with over 15 years of buying and selling on this platform, you will very rarely realize your books worth because the buyers are looking for great deals at your expense. Rare book sellers avoid this site for that very reason. Your best route is always selling to high net-worth individuals that are looking for quality and are prepared to pay generously for it.
Our consignment fee is 10% of the Final Settlement Price, which is the same as eBay. If you have any questions, or would like to know more, please Contact Us and we will be more than happy to assist you in your decision.