Antiques: Many collectors collect for illustrators
As a young father, many years ago, one of my greatest joys was reading bedtime stories.
I actually loved most of the stories, but really, really loved the voices I invented for all the characters. I thought the children all loved the voices too, but, as with so many things in life, I was wrong, they did and still do, love the stories though.
I think loving the stories so much is why the children’s book is always so popular in the saleroom. They are timeless and nostalgic and collectors love them. There are only so many that sell for high prices though.
If you are lucky enough to possess a first edition of Harry Potter and the Philosophers Stone this is a valuable item. When Bloomsbury came to print it in 1997 they feared they would make a loss and the print run was very small.
The perfect scenario for a marvellous investment, a rare book with a big future demand. Further print runs were needed for that book and so future Harry Potter books had enormous first print runs. The investment opportunity was never repeated.
From the modern to the Victorian. Lewis Carroll’s Alice in Wonderland was first published by MacMillan in 1865 with illustrations from Punch cartoonist John Tenniel. Carroll’s classic is constantly inspiring illustrators to rework the story. Many collectors collect for illustrators and will follow the same story through its many different versions.
Book sales can be hugely influenced by a film version of the said book and this effect can feed into demand for first editions of related titles. For example Tolkien’s Lord of the Rings and a signed first edition of the precursor to the trilogy, The Hobbit, breaking auction records
Those are just three examples which hopefully illustrate three different ways a book can have value.