#21 – Pricing newspapers over 30 years ago… (*revisited)

March 7, 2014 by · Leave a Comment 

pricing_issues_iiIn conversations with people about how I started this business, a common question is, “How did you know how to prices newspapers back then?” Well, the short answer is I didn’t.

This venture started as a hobby with no thought of it turning into a business. But when I started getting too many of a similar title or date, selling off the “unwanteds” became a more common occurrence. My simple thought was, if I had $3 for it, try to sell it for $5. If I did, the price stuck for future issues; if it didn’t, the price dropped to $4.

But this became trickier years later when I was buying for resale but didn’t have enough experience to know what to pay, nor what to price them at. Nor did anyone for that matter, as there were no price guides, nor sufficient auction records to offer a clue.

I was flying by the seat of my pants. If I thought an event was historic, say a major Civil War battle, I would pay the $5 price and increase it by 50% or so. If it sold, then the next time I inched it up a bit more. If it didn’t, I reduced the price a bit. Never knowing how high customers might go for an event, I might have “inched up” the price of an event 15 times over the coarse of 4 or 5 years until there was some resistance. I was careful to keep records of sales through the years–even in the pre-computer days–which was a tremendous assistance in assigning values to the myriad of historical events covering 300 years of history.

pricing_issues_iDid I sell some great material too cheaply in the early years? I sure did. Looking at some of my earlier catalogs I gladly pay five times the selling price of many items I sold. But it was part of the process. I remember nce having a volume of a Las Vegas, New Mexico newspaper from 1881. There must have been 30 or 40 issues with a small “Reward” ad for the capture of Billy the Kid. I think I sold those issues for less than $20 each. If I had 40 of them how rare could they be? Certainly I’ve learned through the years, and became smarter as well.

But we are still challenged today with some items. As we continue to find truly rare, almost unique issues it becomes difficult to assign values with no history or prior sales. But these are the fun challenges. As much as you may enjoy finding interesting items in our catalogs, I enjoy finding the unusual to offer.

Although this is a business, I have always gotten more joy from buying newspapers than selling them.

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*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. This year (2014) we are revisiting the top 25 posts (measured by activity), with the number 1 post being re-posted during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.

#23 – Thoughts on the collecting of Obama inauguration newspapers… (*revisited)

February 7, 2014 by · Leave a Comment 

It seems that with every election or inauguration I get asked about the collectability of such newspapers, so I thought I might share my thoughts with you, and encourage you to do the same.

USA Today - Obama Election & Inuguration

USA Today – Obama Election & Inuguration

As for pure collectability, sure, election and inauguration issues are collectible because they document a very important part of American history and the democratic process. The smooth transfer of power from one person or administration to another does not come easily to many countries today. And to be able to add such historic issues to a collection for 50 cents or a buck is a great opportunity.

But I suspect the real interest of many who inquire about the collectability (of Barrack Obama election and inauguration issues) is the potential for such issues to increase in value. My opinion is, in general, no. They will not increase much in value in years to come. Now I’m speaking of “recent” history, say the last 30 years or so. I feel the public has become very collector-focused the last several decades, and many, many “historic” newspapers have been set aside in attics and drawers only to be found by their children many years later.

For a newspaper to appreciate dramatically in value I believe it requires several things: 1) Historic content. Yes, elections and inaugurations are historic; 2) Rarity. No, elections and inaugurations of the past 30 years are not rare because they were hoarded in large quantities and will always be relatively common; and 3) Something unique or dramatic. A “screaming” headline in tall, bold letters, or a cleverly worded headline, or something else which makes the issue unusual.

Supposedly the New York Times printed an extra one million issues of its January 21 inauguration issue, and I suspect most of them will be hoarded in quantity. The Washington Post printed a much larger quantity than normal, but they didn’t comment on the exact quantity. I’m sure it was sizable, and many of those issues will be hoarded. All this means that 20 years from now issues will be showing up on eBay (or its equivalent at that time) and anywhere else people might try to sell collectibles. With millions of such newspapers in the marketplace will the values get higher and higher? I doubt it.

Issues which tend to increase in value are those which were NOT saved. Most major headlines pre-World War II have appreciated nicely in value because they were not hoarded in quantities. I just don’t think the American public was collector-conscience then, so consequently they are genuinely rare in additional to being historic. And add a huge headline or terrific graphic and you have the potential for a very desirable newspaper; one which has appreciated nicely in value.

As an interesting side note, I understand that the New York Post printed a special afternoon inauguration edition on January 20. Given that most major newspapers are morning publications, coverage of the inaugural proceedings would be in their September 21 issue. But the Post had coverage in their January 20 issue, the same day as the election. A friend, stopping by a newsstand in New York city bought several issues of the Times of January 21 and noted a stack of other issues in the back. Inquiring what they were he was told it was the Post of the 20th, “…but they came in too late to be sold on the newsstand, so they will be returned. We can’t sell a day old newspaper…” the friend promptly purchased them all. I’d be curious to hear how many of the January 20 afternoon edition were actually sold on the streets and not returned for destruction. Perhaps that edition will have a real rarity component.

But don’t let this deter you from collecting historic events of the last 30 years and events yet to come. One of the great aspects of this hobby is the ability to assemble a great collection of truly historic newspapers at a nominal cost–at the newsstand price if you are lucky.

What are your thoughts?

Note: The Times News (out of Lehighton, PA) interviewed Tim concerning this topic. The article may be accessed at: http://www.tnonline.com/about

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*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. In 2014 we will revisit the top 25 posts (measured by activity), with the number 1 post being revisited during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.

#25 – Best of the 20th century? (*revisited)

January 3, 2014 by · Leave a Comment 

As newspaper collectors we dream of “the event” we’d like to add to our collection. It’s the search for that issue–or issues–which make this a fascinating hobby. This is, after all, a very visual hobby. How displayable are stamps and coins? Huge headlines proclaiming a cataclysmic event or magnificent achievement lend themselves so well to display, much more so than an original document about the event.

The 20th century had a great wealth of interesting events. But what is the best? If you could only make one choice, what single headline of the 20th century would you most want to see in your collection?

I wrestle with how to approach this thought: most life-altering? most recognizable? most historic? most appealing for display? I believe the first Wright brothers’ flight is the most life-altering; “Dewey Defeats” Truman” as the most recognizable; and a great “Titanic Sinks” report as the most displayable. Some newspapers did much with the events of the gangster era, and certainly the “careers” of Bonnie & Clyde, John Dillinger and Al Capone are well known and significant reports would be attention-grabbers on any wall. On a more positive note there are some spectacular “V-E Day” and “V-J Day” issues celebrating the end of World War II. But limiting myself to just a single issue I would take “Titanic Sinks”. ….what’s your thought?

*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. In 2014 we will revisit the top 25 posts (measured by activity), with the number 1 post being revisited during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.

The Traveler… Thanksgiving proclamation… schooling that maybe should be revisited…

November 28, 2011 by · Leave a Comment 

Happy belated Thanksgiving from “The Traveler”!  Even though it is a few days past the U.S. observance, my travels found me back at Thanksgiving again with the November 29, 1911 issue of The Courier from Coldwater, Michigan.  The front page of the issue features a large Proclamation from the Chase S. Osborn, Governor of Michigan, setting aside Thursday, November 30th for a day of prayer, feasting and thanksgiving.

Additionally on the front page is an article “Thanksgiving in Coldwater – At the Churches, the State School and City Schools” which begins “Every one of the ninety-two million American citizens is called upon by the President of the United States (Taft) and the Governor of  his state to lift up to Heaven the praises of his heart to the Giver of All on Thursday…”. The article then continues about the programs which were held in the schools, including “In the High School, in place of the regular chapel exercises there was read the Governor’s and President’s proclamations…”.

Separation of church and state? Something about this report just seemed good.  Maybe we should revisit the old school ways???

~The Traveler

April 15, 1865 New York Herald reprints… revisited…

November 1, 2010 by · 10 Comments 

A previous post by guest contributor Rick Brown  detailed how one can identify whether or not their April 15, 1865 New York Herald is authentic.  One of the most notable differences between an authentic issue (which is quite rare) and one of the reprints (which are rather common) is that the common reprint has an image of President Lincoln on the front page, whereas, the original does not.  We recently came across a photo of the Lincoln image (as shown to the right).  If your issue has it… unfortunately, your’s is not an original.

20th century newspapers… revisited…

January 4, 2010 by · Leave a Comment 

Over the past month, Timothy Hughes has explored his thoughts concerning what he believes to be the top ten newspapers from each of the pre-18th, 18th, 19th, and 20th centuries (see below), the most recent being the latter. Some of his thoughts concerning historic newspapers from the 1900’s were captured in the following video:

Collecting authentic rare and historic newspapers from the 1900’s can be exciting, rewarding and surprisingly affordable. From the Wright brothers inaugural flight in 1903…to today’s routine shuttle hops to the orbiting space station, no other period in history bore greater witness to man’s capacity for brilliance, innovation, depravity, strife, compassion and technological ingenuity…than the 20th Century. And with this ingenuity came remarkable visibility into the daily lives of our parents and grandparents, through newspapers.

Each single page from the vast 20th Century archive of Timothy Hughes Rare & Early Newspapers brings this amazing century to life: from World War I, Prohibition, the Great Depression, World War II, onward… newspapers of the 20th century bring it all to daily account, from those who lived it!

Of course, many original newspapers documenting this century’s “turning-points” command premium prices (Titanic, Crash of 29, P. Harbor, V-E/V-J Day, Dewey Def Truman, Oil Strike, San Franc Earthquake, etc.)… but most other original and historical 20th century newspapers remain available for much less than you might think. At Timothy Hughes Rare & Early Newspapers, you can still own original editions recounting key events of the gangster era of the 20’s and 30’s, World War II, the industrial revolution, Korean War, the automobile, the golden age of Hollywood and beyond.

We also offer obscure original editions that are perfect gifts to commemorate a friend or loved-one’s birthday, marriage, graduation, or other event. They’ll love reading about what else was in the news back on their special day!

Whether your interest is in World War I, World War II, the Korean War, the golden age of Hollywood, the gangster era, a view of how life looked on the day you were born, etc., original newspapers provide an excellent view of history in context. History is never more fascinating than when when it’s read from the day it was first reported. If you love history… you deserve to have it in your hands. Rare newspapers make this possible. Please enjoy.

Top ten newspapers: “20th century”…

Top ten newspapers: 19th century…

Top ten newspapers: 18th century…

Top ten newspapers: 16th and 17th centuries…

19th century newspapers… revisited…

December 26, 2009 by · 1 Comment 

Over the past three weeks Timothy Hughes has explored his thoughts concerning what he believes to be the top ten newspapers from each of the pre-18th, 18th, and 19 centuries (see below), the most recent being the latter.  Some of his thoughts concerning the 1800’s historic newspapers were captured in the following video:

Collecting authentic rare and historic newspapers from the 1800’s can be exciting, rewarding and surprisingly affordable. Daily newspaper reports of America’s tumultuous 19th Century included first hand accounts of historic turning-points like….. the Louisiana Purchase…the Civil War…and Spanish-American conflict. As cries of “manifest destiny” signaled America’s unbridled expansion west, newspapers became a crucial link for a people suddenly united in a common quest that would set their young nation on a course of unprecedented and historic prosperity.

There are many sought after “holy grails” from the 19th century, including: o President Abraham Lincoln’s Assassination o Battle of Gettysburg and the Gettysburg Address o Battle of the Alamo o Deaths of Jessie James and Billy the Kid o Issue from Tombstone Arizona (Tombstone Epitaph) o Winslow Homer’s “Snap the Whip”

Of course, select accounts of the most historic & desired events of 19th century America are available for premium prices.

However, a wealth of fascinating original newspapers from the vast inventory of Timothy Hughes Rare & Early Newspapers are available for much less…often as little as $30 – $50. These include first-hand news from the War of 1812, Yankee & Confederate Civil War battle reports, slave ads from the South, the California Gold Rush with outlaw & Indian battle accounts, the Mormon migration to Utah and fascinating reports of when baseball was in its infancy.

The “Old West” and America’s westward expansion are represented in genuine newspapers from California, Utah, Nevada, Montana, and Arizona. You’ll also find affordable issues from the illustrated press which graphically documented every aspect of 19th century America in the pages of Harper’s Weekly, Frank Leslie’s Illustrated, Gleason’s, Ballou’s, and The London Illustrated News.

Whether your interest is in the War of 1812, westward expansion and the gold rush, the Civil War, and/or the Wild West, original newspapers provide an excellent view of history in context. History is never more fascinating than when when it’s read from the day it was first reported. If you love history… you deserve to have it in your hands. Rare newspapers make this possible. Please enjoy the hobby.

Top ten newspapers: 16th and 17th centuries…

Top ten newspapers: 18th century…

Top ten newspapers: 19th century…

18th century & pre-18th century newspapers… revisited…

December 17, 2009 by · Leave a Comment 

Over the past two weeks Timothy Hughes has explored his thoughts on what he believes to be the top ten pre-18th century and the top ten 18th century newspapers (see below).  Some of these thoughts were captured in the following video:

Collecting authentic rare and historic newspapers from the 1500’s – 1700’s can be exciting, rewarding and surprisingly affordable. British titles such as the London Gazette, London Chronicle, Gentleman’s Magazine and more, are all available for much less than you would expect, as are their American counterparts, the Columbian Centinel, Dunlap’s Daily American Advertiser, Concord Herald, and more.

Whether your interest is in the Colonial Era or the Revolutionary War Era, or extends to the 1500’s and/or 1600’s, original newspapers provide an excellent view of history in context. History is never more fascinating than when when it’s read from the day it was first reported. If you love history… you deserve to have it in your hands. Rare and early historic newspapers make this possible.  Please enjoy the hobby!

Top ten newspapers: 16th and 17th centuries…

Top ten newspapers: 18th century…

Most Historic 19th Century post-Civil War Headline… revisited…

November 22, 2008 by · Leave a Comment 

Although I think Tim’s choice was a good one (see his post), my choice for the most important event of the nineteenth century, post-Civil War is the invention of the first practical incandescent light bulb by Thomas Edison. His creation of this light bulb as well as his other inventions make him the most recognized inventor of the nineteenth century and perhaps of all time. In fact, reports about his most significant inventions were featured in several nineteenth century issues of Scientific American, more than any inventor of the era.

Newspapers, however, were slow but not reluctant to recognize Edison’s achievements. As a result, there is no single report that marked his most famous invention. The reports were usually topical ones written by staff writers who visited Menlo Park, witnessed demonstrations of his inventions, or interviewed Mr. Edison. Images and a description were featured in the Scientific American issue dated March 22, 1879.  Nevertheless, the impact of Thomas Edison’s incandescent light bulb and his other inventions are immeasurable and far-reaching. They continue to play a role in our daily lives and make the world a better place for all mankind.

I’d love to hear your thoughts.

Note:  Images with a supporting article were featured in the March 22, 1879 issue of Scientific American.

The October (2019) Newsletter from Rare & Early Newspapers…

October 22, 2019 by · Leave a Comment 

Each month the staff of Timothy Hughes Rare & Early Newspapers sends out a newsletter to our members which includes special offers, discounts, alerts to new inventory, and information related to the rare newspaper collectible.

The October, 2019 newsletter:

Welcome to the October 2019 edition of our monthly newsletter. This month we’ve added nearly 150 items to last month’s discounted issues – all priced at 50% off. Additional highlights include: newly listed items, an assortment of posts from the History’s Newsstand Blog, a set of links to issues from Catalog 287, and “Items of Special Interest.” Please enjoy!

 

Newly Discounted Items
Nearly 150 new items have been added to last month’s set of discounted issues – all priced down by 50% through November 12th. The prices shown reflect the discount. Please enjoy: Newly Discounted Items

 

Catalog 287
A number of items were added to our catalog since it went to print. The links below will take you to various portions of the catalog:
Items of Special Interest at RareNewspapers.com (our website):
Items of Special Interest at History’s Newsstand (our eBay store):
History’s Newsstand
This month rather than focusing on stand-alone posts, we are highlighting those which appear in ongoing columns:
Newly Discovered/Listed Items
Items which have been listed on our website within the last 30 days can be found at: Newly Discovered/Listed Items
Thanks for collecting with us.

 

Sincerely,

Guy Heilenman & The Rare & Early Newspapers Team

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