[Archive]

Posted By: barrysloate

Max- I truly believe that the rare book business is among the most disreputable I have ever seen. It's all about the fact that most buyers have no idea what a book's true market value is, and that very busy and very wealthy people buy the most expensive books.

The one thing that escapes me is let us assume somebody buys the Spalding book for $2800, grows tired of it, and then a year later puts it up for auction. When it then sells for $400, exactly what does that do to the long term relationship between buyer and seller?