Becoming a Rare Book Dealer
by
Richard Fenn
Most people are not
aware that everyday books, maybe even books you have in
your house right now, are actually worth a lot of money!
Not all books are valuable, but how would you know the
difference? Until now, there was no easy way to tell.
I'll give you the 'inside' story
on how to setup your own business buying and selling
certain used books that could earn you more now than you
ever thought you could working from home!
I've been an information junkie,
avid book reader and lover of books since I was very
young. A few years ago I discovered that certain books
are highly valued by collectors worldwide and that you
could make a living, even $100,000 or more each year
buying and selling ...used books! I couldn't believe it,
until I discovered this 'hidden market' for used books
in my local library.
I was in my local, public library
one day looking for any information that I could use to
make some money. I came across a book called, "Collected
Books, A Guide To Values".
Since I loved books I was curious
about this book and what it was all about. I picked it
up and started reading it.
I almost dropped the book on the
ground, when I read that a certain book, in my own
collection, was worth almost $3,500 and I NEVER knew it!
I decided to purchase a copy of
this Guide and when I got it I went through my entire
library of books to see if any of my other books were
'valuable'....
It took me several days, but when
I was done I realized had a Gold Mine on my hands. I had
22 books that were valued at $200 or more, and the total
value of my 'collection' was $6,275!
The scary part was I didn't even
know how valuable some of the books in my collection
was. Well, let me state that another way- I didn't have
a 'collection' at least I didn't think they were a
'collection'. I bought books because I liked them... I
didn't even know they could be VALUABLE. I had NO CLUE.
Over the next several months I
read as much as I could about used and rare books. I
also picked the brains' every well known and respected
book dealer in my area that I could get to talk. I tried
speaking anyone and everyone in this business, but most
weren't willing to give up any of their secrets...
except one old-time dealer.
Maybe he was ready to retire, or
he just wanted to help me get started in this business.
I don't know. But he told me enough to get me started in
this business and even make a small fortune.
That was over 10 years ago...
Today the market for used and rare
books is HUGE and growing each year. The Internet has
made it so much easier to buy and sell books. The market
is huge and many are making a small fortune in this
pleasant "gentleman's" business.
It's also a FUN business to be in,
especially if you love books! I think it's one of the
easiest businesses to start, one of the most profitable
and one of the most pleasant.
Richard Fenn -
http://old-rare-books.blogspot.com/
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