1HugoDumas
It probably makes sense to bequeath your leather-bound Franklin or EP books to relatives or charities given their value in 2020 terms. Remember when you began Blissfully purchased those “100 best loved books” for $35 each in 1975? Well that equates to $169 in 2020 based on the latest time value of money calculator. And take a look at what people are willing to pay individually for these classics on eBay. Sometimes $20 at best. And some works nobody wants, you cannot give them away.
People, who have the money, are picking up entire Leather-bound libraries At $20-$30 a volume...a remarkable value in 2020.
People, who have the money, are picking up entire Leather-bound libraries At $20-$30 a volume...a remarkable value in 2020.
2sdawson
>1 HugoDumas:
True. Dont' collect books as an investment. Collect them because you want great literature in your house.
But it does bring up the dilemna of what to do with them when one passes.
I don't think I know anyone personally who would welcome book cases full of leather books into their homes. Giving to charity is fine I suppose -- the collection you spent your life will be scattered to the winds. Suitable I guess.
I'd rather leave them all to a local used book dealer -- seems like a more suitable charity to me.
BTW, mine were $39 each when I started.
True. Dont' collect books as an investment. Collect them because you want great literature in your house.
But it does bring up the dilemna of what to do with them when one passes.
I don't think I know anyone personally who would welcome book cases full of leather books into their homes. Giving to charity is fine I suppose -- the collection you spent your life will be scattered to the winds. Suitable I guess.
I'd rather leave them all to a local used book dealer -- seems like a more suitable charity to me.
BTW, mine were $39 each when I started.
3jroger1
The same applies to most Franklin Library books, even the signed ones. As we’ve noted on this forum before, books are really not a good investment, although you can get lucky with a few of them. It’s important to realize that the astronomical prices you occasionally see on eBay and abe.com are only asking prices, not sales prices. Many of them have been listed for years with no buyers.
4jroger1
>2 sdawson:
I have from time to time donated some of my books to the public library, but they won’t take them anymore because of the pandemic. I don’t know about other charities, but even used bookstores don’t want them or they will only offer a dollar or two for them. Getting rid of old books has become a real problem - have we reached a point where book burnings (or placing them in a recycle bin) are the only options?
I have from time to time donated some of my books to the public library, but they won’t take them anymore because of the pandemic. I don’t know about other charities, but even used bookstores don’t want them or they will only offer a dollar or two for them. Getting rid of old books has become a real problem - have we reached a point where book burnings (or placing them in a recycle bin) are the only options?
5HugoDumas
It was nice having these beautiful books (I reached 800, starting with Franklin in 1975) in my home 40+ years. However, as you age, realistically you begin to wonder what to do with them. I have been vigilant and took advantage of books which were in demand due to events I could not foresee 40 years ago. The latest were GWTW and Orwell.
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