On Investment Books

Longfellow’s Divine Comedy Looking Lovely in the Sunshine

Two of my most prized possessions were purchased at the same place around the same time. It was a small antique store run by two sisters that was right down the street from me. It was called Things Remembered. It has since closed down but I insist that they had the best selection at the best price of any antique store I’ve ever been in, and I go to a lot of them. I had found plenty of treasures in the many rooms of that over sized building over the years but two were especially important to me. The first is an antique necklace made of several strands of white and purple beads that I wear nearly everyday. I love purple. Obsessed, really. Most of my closet is filled with a variety of shades and tones of purple so when I found this necklace it was love at first sight. Though, I can not remember how much I paid for it but I am sure I got my money’s worth by now, some 6 years later. The other is a set of The Divine Comedy by Dante Alighieri as translated by Henry Wadsworth Longfellow. It was printed in 1876 bound in green leather with gold lettering. They are beautiful and I can still remember how they looked in the sunlight of the front room. It was priced out of my range but I had a good rapport with the owner by then so I approached her with a deal. The asking price was $50 but she agreed on $30. So, I walked out with the three huge volumes in my arms and a huge smile on my face.

I had a plan for those books. They would sit on my shelf for many years making me look like a genius and after a while I would sell them for thousands. I was around 20 at the time of the purchase and I was convinced that old books generated that kind of money just because they are old. Of course I am older and wiser so I know that is not necessarily true. In fact, I did my research and I believe my set is worth about $150. More than I paid but not quite the thousands that I had in mind. After doing research at Bogart’s for all the books that get donated I have a better idea of what types of books are of any worth or not. These are probably just mail ordered volumes that the wealthy would set on their shelves to show off their money and education. They’re nothing special. But a few features make them more desirable- namely the popularity of the title and the good condition of the books.

However, I no longer wish to sell them. They mean too much to me to let them go for any price. I realized how silly of an idea that it was to buy them as an investment but now I appreciate them for a different reason. They represent a moment in time in my life but they also symbolize every year that they were in existence. I can feel the weight of history trapped between the covers. I look at them as a moment in time when books were printed with the utmost care and the best materials. In an age of digital books and shoddily made paperbacks it feels nice to hold a book made with such love. These were made to last a long time and will do so in my company for many years. 

What are your investment books? Do you have a collection? What is the most amount of money you spent on a book? Feel free to send a picture of your favorite antique book.

See you later, see you soon.

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