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Profit margins

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06-16-2007, 07:49 AM

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Profit margins

Posted By: barrysloate

That's the world of rare books. They don't like to work with normal profit margins. 500-1000% is standard.

A young book dealer in NYC had the same constitution for sale a number of years ago. I inquired about his asking price and he responded 250K!!!

I immediately invited him to purchase my entire baseball library, and of course he bought nothing. People call the baseball memorabilia business the Wild West, but in comparison the rare book business is Bonnie and Clyde!

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