by M. Sparga

Created on: March 09, 2007   Last Updated: April 23, 2009

Rare books aren't just old. They aren't just limited in quantity. For a book to be rare, it must be scarce, coveted, and in decent condition for its age as well. Otherwise, the book will add little value to your library beyond just pure reading material or acting as the occasional paperweight. A book may be hard to find or very old, but that doesn't necessarily mean that there will be demand for it.

Rare Editions

So what books are in high demand? Most collectors seek out first editions of books or advance reading copies (ARCs) or proofs, versions of a manuscript before its general release to the public. These copies are the most alluring to collectors because they came out earlier than any other printings that follow. These first editions, proofs, and ARCs are considered purer and closer to the original manuscript of the book than any subsequent versions.

The beauty of first editions is that they represent the public's first exposure to the book. It's like having a bit of literary history right at your fingertips. Proofs and ARCs are very special because they give you a peek into the creative process that went into creating the public version of a book.

Signed Copies

The author's signature can also add value to a book. It helps set that particular copy apart from all the others of that same printing. The more of an author's handwriting, the better. Any dates, comments, or even doodles that are part of the author's signature actually help make the book more of a rarity.

If you're looking into buying a signed copy, don't be put off if the signature is addressed to someone. Inscriptions or dedications by the author typically add more value than a signature alone, since that means that more of the author's handwriting is present. Another advantage of having more than just the author's name in a book is that it decreases the chance that the signature might be forged. If you're ever looking to sell your signed book, it will be more enticing to buyers if it has some extra writing in it. It makes the signature and inscription easier to authenticate.

Condition

The condition of a book can also greatly affect its value. Two identical editions of a rare book could fetch startlingly different prices if one is in far worse condition than the other. The slightest bit of fading, bent corners, a dent on the binding, or other imperfections can erode a book's value over time. There's a big difference in value and rarity between a book with a crisp dust jacket and one that used to be a library copy, with adhesive stuck to the spine and stamps on the pages.

Thus, it's best to take good care of your rare books when you store them, and keep handling to a minimum. Rare books should be stored in a moderate climate away from direct sunlight and excess moisture. Lying a book down on its side can help protect the spine over time.

Protect your rare books, and you will find that they are quite an asset. Look for them at auctions and bookstore websites, or you can speculate and buy first editions that you predict will become rare books down the line. Their value can grow over time, and they can help give your book collection an extra touch of personality.

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