Prices of Books: An Inquiry into the Changes in the Price of Books which have occurred in England at different PeriodsWheatley, Henry B. (Henry Benjamin)
History
Prices of Books: An Inquiry into the Changes in the Price of Books which have occurred in England at different Periods
Wheatley, Henry B. (Henry Benjamin)
Books -- Prices -- History
It appears, therefore, that, although great books unquestionably demand
more intellectual power for their production than great works of art,
their very superiority tends to cheapen them in comparison by
encouraging their dissemination. There could not be a stronger instance
of the power of scarcity in determining price; and, in fact, the rarity
of a book is the most important element in its commercial worth. Yet
intrinsic desert plays its part, though an inferior one. There are some
cases in which it utterly fails. The commercial value of the productions
of the Dutch prototypographers, for example, would probably not be
augmented in the least if they could be transformed from fragments of
dull lesson-books into leaves from sages and poets. The Papal Bulls
relating to the Turks in Cyprus, which have the honour to be the first
documents to have issued complete from an European press, would hardly
gain in commercial value if they were briefs announcing the foundation
of the Vatican Library, or official announcements of the fall of
Constantinople. On the other hand, the first edition of Virgil, one of
the rarest of books, would assuredly be less valued if, while equally
rare, it were the _editio princeps_ of a Latin author of inferior
reputation. In general, the celebrity of an author will be found a
considerable factor in determining the value of a book; but while rarity
without celebrity will effect much, celebrity without rarity, or some
other adventitious circumstance devoid of relation to the intellectual
value of the book, will effect very little.
Public-domain text, read in full here on John Shaqi.
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