Prices of newspapers… How have the changed?
February 20, 2015 by GuyHeilenman · 10 Comments
One of the questions we often receive at Rare Newspapers relates to the
collectible investment value of newspapers over time. Most indicate they do not collect for investment reasons; rather, they do so for the love of “History in your hands.” The embrace our motto: “History is never more fascinating than when it’s read from the day it was first reported.” Newspapers provide glimpses of history in the context of both the exciting and mundane of the era in which it was reported. Still, the question remains. How has the value of Rare & Early Newspapers progressed over time? We posed this question to our founder, Tim Hughes, and the following was his response:
We have to keep in mind that this hobby is a very small one, and when I began 39+ years ago there essentially was no established market, nor any sort of price guide which offered a baseline of values based on content, condition, etc.
I came from the coin collecting hobby and knew from it that the more rare the item, the more values increased through the years. Common date pennies were selling in the 1970’s for about the same prices as from a decade earlier, while the rare dates/coins had increased substantially. I took this information with me when I opted for a hobby which had yet to be exploited by an established collecting industry such as coins, stamps, books, etc. Although I purchased veraciously during my earlier years, always fearful the supply of 150+ year old newspapers would dry up, I have found that the common, generic material was always plentiful—and still is today. What has not been plentiful are newspapers with historic reports, and newspapers which are themselves very rare. The “less plentiful” issues have appreciated considerably over the last 39 years, while generic issue values are really not much different today than they were 39 years ago. Example: I always offered a 10-issue wholesale lot ever since my first catalog, then priced at $19.50. The same lot today is $24.95, and I suspect some of that increase is more to help offset increased shipping costs. And I think we have a virtually unending supply.
How much have values of historic & rare issues increased? It can be difficult to say as we have never made a point to keep comparative records as it seemed a bit meaningless for our purposes. But in general I would say they have increased 5-fold to 10-fold in the post 30 years. I’m not going to consider my first 9 years in the business as any sort of gauge as I was still feeling my way thru the hobby; raising & lowering prices as my customers would react (or not react). An anecdotal story: early on in my enterprise I purchased a bound volume of a Santa Fe, NM newspaper from 1881. Amongst the 150 or so issues was a run of, perhaps, 40 issues each having a little reward ad for the capture of Billy the Kid. Figuring a novice such as myself coming across the volume, and the fact that there were so many issues with the ad, I logically presume it was not very rare. I think I sold those issues for $35 or so each. If I would have those issues today I think we could get $700 each. That
doesn’t mean the value has increased by 2000%. It speaks more to my ignorance of what they should have sold for 35 years ago. Unfortunately that incident wasn’t my last such learning experience.
Perhaps one of the more “common” of the very historic issues would be the Gentleman’s Mag. with the Declaration of Independence. We sold it for under $2000 ten years ago, and now we sell them for $4000. So this document in this title has doubled in 10 years, and I could never say that it is “rare” as we encounter this issue perhaps twice a year. It is extremely historic, but not truly rare. Truly rare items would have increased much more dramatically. In fact truly rare items don’t come on the market any more. I have few qualms offering a truly rare event/newspaper for 4 or 5 times our last price if we only had it twice in 39 years.
As is always the case–and as it truly should be in a free market economy–the collectors ultimately determine the prices of our material. There have always been high-income collectors who have kept the rare items rising in value at a consistent rate, while more common items have languished in value because collectors are not taking them off our shelves.
I cannot say that there has been any period over the last 39 years when the hobby was either “hot” or “cold”. I think whether values have rising nominally or dramatically, they have done so in a rather consistent curve, unaffected by the economy or stock market ups & downs.
I still believe the hobby is very much in its infancy. The vast majority of people have no idea that our hobby exists, and I have always felt the time will come when that will change. I don’t have to tell you that in a comparative sense with other collectables, our hobby seem dramatically undervalued.
Tim
People collect rare newspapers for various reasons – investment purposes being one of them. Finding hidden historical gems, preserving history, immersing oneself in an era and/or event, as a companion collectible to another collectible interest, etc. What a great hobby!
How Paul Revere’s Ride Was Published And Censored IN 1775…
February 6, 2015 by GuyHeilenman · Leave a Comment
Todd Andrlik, founder and editor of Journal of the American Revolution, and curator, author and editor of Reporting the Revolutionary War: Before It Was History, It Was News (Sourcebooks, 2012), has assembled and written a great piece of scholarship in regards to Paul Revere – specifically, how he was viewed by his contemporaries, using the lens of original newspapers of his day. An excerpt is as follows:
Because of Henry Wadsworth Longfellow’s famous poem, “Paul Revere’s Ride,” most people think that Revere was critical to the start of the Revolutionary War. In trying to dispel Longfellow’s myth of a lone hero, modern scholars have portrayed Revere as just one rider among dozens on 18-19 April 1775, and argued that his previous rides for the Patriot cause might have been more important. A survey of newspapers from 1774 and 1775 shows that in fact those earlier rides had made Revere prominent enough that he did stand out in reports of the fighting at Lexington and Concord, even as Massachusetts authorities kept the extent of his activities quiet.
Paul Revere was a man who wore many hats. He was well known throughout New England for his engravings, his silver work, his Masonic fellowship and his political activity. Plus, in 1774 and early 1775, Revere worked as an express rider for the Boston Committee of Correspondence and the Massachusetts Committee of Safety. He frequently carried letters, newspapers and other important communication between cities, including Boston, Hartford, New York and Philadelphia. Revere’s early dispatches related to some of the biggest American events of the eighteenth century, including the destruction of the tea, the Boston Port Bill and the Suffolk Resolves. In December 1774, at the age of 39, he rode to Portsmouth to alert local Patriot leaders that the Royal Navy was on its way to seize gunpowder and arms from Fort William and Mary. Newspaper printers would eagerly print Revere’s tidings, frequently attributing…
This is a must-read article! View Todd’s scholarship in its entirety at:
How Paul Revere’s Ride Was Published And Censored In 1775
The Civil War… January, 1865
January 15, 2015 by GuyHeilenman · Leave a Comment
What news was reported in January, 1865 – 150 years ago? Such a walk back in time through the eyes of those who read the daily and weekly newspapers of the period can be quite revealing. This is why we often say, “History is never more fascinating than when it’s read from the day it was first reported.” The following link will take you back in time to show the available newspapers from the Rare & Early newspapers website. There’s no need to buy a thing. Simply enjoy the walk back in time:January, 1865
Time capsule dating to 1795 included coins, newspapers…
January 9, 2015 by GuyHeilenman · 1 Comment
It’s all over the news (thank you API): “Time capsule dating to 1795 included coins, newspapers!” The time capsule was embedded in a cornerstone of the historic Massachusetts Statehouse by a group which included Samuel Adams and Paul Revere. The contents, in part, contained a number of coins, a silver plate with one of Paul Revere’s engravings – often used in the creation of the mastheads for various Boston area newspapers, and several late-18th century Boston newspapers. As newspaper collectors ourselves, we’ll be anxious to discover their exact titles and dates. While we have several authentic issues from the 1700’s with either Boston mentions or which were printed in Boston, it will be interesting to see if those placed within the capsule were included due to noteworthy content, their containing Paul Revere engravings, or for yet another reason. A video and related article covering the opening of the capsule is available at: 18th Century Time Capsule
Before heading out to Your New Year’s Eve Party…
December 31, 2014 by GuyHeilenman · Leave a Comment
While celebrating the onset of the New Year through alcohol-blurred eyes has become an international tradition for many, before heading out to this year’s party, perhaps a gander at Dr. Benjamin Rush’s well known “Moral & Physical Thermometer” from the 18th century is in order (see below). While this work certainly holds a degree of validity, I wasn’t aware God measured morality according to such a scale, and I’ve searched without success to find such a tool within His Word. Might Dr. Rush have been using a different translation – or was this creation garnered from years of observation??? 🙂 Regardless, while no such measuring stick has been bestowed upon humanity by their Creator, taking heed to the inherit dangers of over-consumption and His warnings regarding drunkenness would be both a wise and safe way to begin the new year. The passengers and drivers of vehicles you’ll be passing on your way home thank you in advance. Cheers!
Merry Christmas… a look back into the past…
December 25, 2014 by GuyHeilenman · Leave a Comment
One-hundred years ago today the Stock Market was in turmoil (a 24% drop just a few days prior), the world was at war (WWI was in full force), Jews were expelled from Tel Aviv by the Turks, and gold miners in South Africa went on strike over abhorrent labor conditions – i.e., the world was in chaos. Death, prejudice, oppression, and fiscal uncertainty was the order of the day. So, with the arrival of Christmas, what news would go to print? Was there any “Good News” to report? Curiosity led me to search our archives for an original newspaper from December 25, 1914. Below please enjoy two front-page articles from a New York Times, Christmas Day, 1914.





Three cheers for Time Zones…
December 22, 2014 by GuyHeilenman · Leave a Comment
For those who pine for the simpler life of the past, we include an article from the Trans-Continental dated May 26, 1870 which may add a dose of reality to the rosy glasses of nostalgia. If we were to list the top 1,000 changes which have made our lives a bit easier, my guess is none of us would have “Time Zones” listed. 🙂
They sure don’t make’em like they used to…
December 12, 2014 by GuyHeilenman · Leave a Comment
How many things can you think of that are simply not made to the same quality standards as they once were? It would be fun to comprise such a list. However, when someone makes the statement, “They sure don’t make’em like they used to”, it is interesting to note the assumption that the object in question is no longer made as well. However, as the following article from a November 21, 1858 National Intelligencer reveals, thankfully, there are a few things which buck this assumption. Please enjoy… and feel free to send on your own list of things that are actually made better than they were in the past. Let’s transform this common phrase from a negative to a positive.
Note: The Hadley Falls Dam disaster (above), in what is currently Holyoke, Connecticut, drew considerable attention in the 19th century. In 1896, a Harper’s Weekly writer reflected, “The engineer took great pride in his work, and when it was finished, and the gates shut down, he is said to have irreverently exclaimed: ‘There! Those gates are shut, and God Almighty himself can not open them!’” Yet another example of man underestimating the power of God… or perhaps overestimating his own. 🙂
For United We Stand…
December 8, 2014 by GuyHeilenman · Leave a Comment
“And if a house is divided against itself, that house will not be able to stand.”
(God, as written by Mark in Mark 3:25)
“United we stand, divided we fall.”
(Aesop)
“A house divided against itself cannot stand.”
(Abraham Lincoln)
“For united we stand; Divided we fall. And if our backs should ever be against the wall. We’ll be together…”
(The Brotherhood of Man)
Bringing people together is no small task. Those who have the ability to rally factions behind a common cause are few and far between. Those who can do so for a noble cause are a true rarity.
While we all acknowledge Abraham Lincoln’s efforts to this end as exemplified in both his “House Divided” speech and yet again in his “Gettysburg Address”, it was another relatively unknown true American patriot who was instrumental in doing the same soon after the close of the American Revolutionary War: Dr. Benjamin Rush. Below please find (and enjoy) the full text of “Address to the People of the United States”, which begins:
“There is nothing more common that to confound the terms of the American revolution with those of the late American war. The American war is over; but this is far from being the case with the American revolution.”,
and concludes:
“PATRIOTS of 1774, 1775, 1778—HEROES of 1778, 1779, 1780! come forward! your country demands your services!—Philosophers and friends to mankind, com forward! your country demands your studies and speculations! Lovers of peace and order, who declined taking part in the late war, come forward! your country forgives your timidity, and demands your influence and advice! Hear her proclaiming, in sighs and groans, in her governments, in her finances, in her trade, in her manufactures, in her morals, and in her manners, ‘THE REVOLUTION IS NOT OVER!’ “, Dr. Benjamin Rush, MD.
What a tremendous rally for all Americans to unite behind a noble cause: the establishment of a nation like none other!
To read the complete text of this amazing speech, go to: American Museum, January, 1787
I’m thankful for… Abraham Lincoln…
November 26, 2014 by GuyHeilenman · Leave a Comment
As Thanksgiving rapidly approaches, one is compelled by the overwhelming blessings so many of us experience on a daily basis to consider things for which we are thankful, but often overlook. One such gratitude-producing individual for me is Abraham Lincoln. Was he a perfect man? No. Have many of his flaws been white-washed from history? Yes (I’m counting on the same treatment). However, this does not negate the truth that in my eyes, he was a man for “such a time” as his was. I’ve always appreciated his writing (whether it be from his own pen or another’s makes no difference to me). One of my favorites is:
“I do the very best I know how – the very best I can; and I mean to keep doing so until the end. If the end brings me out all right, then what is said against me won’t matter. If the end brings me out wrong, then ten Angles swearing I was right would make no difference at all.” Abraham Lincoln
We should all have such strength of conviction in regards to our actions under fire.
A short time ago I came across a letter from him which was printed in a National Intelligencer dated January 27, 1865 that may rival the above. It is his response to a letter received from him from Eliza Gurney, the wife of a recently departed friend. The full text is viewable via the image shown below, with the transcribed text to follow.
Executive Mansion,
Washington, September 4, 1864.
Eliza P. Gurney.
My esteemed friend.
I have not forgotten–probably never shall forget–the very impressive occasion when yourself and friends visited me on a Sabbath forenoon two years ago. Nor has your kind letter, written nearly a year later, ever been forgotten. In all, it has been your purpose to strengthen my reliance on God. I am much indebted to the good Christian people of the country for their constant prayers and consolations; and to no one of them, more than to yourself. The purposes of the Almighty are perfect, and must prevail, though we erring mortals may fail to accurately perceive them in advance. We hoped for a happy termination of this terrible war long before this; but God knows best, and has ruled otherwise. We shall yet acknowledge His wisdom and our own error therein. Meanwhile we must work earnestly in the best light He gives us, trusting that so working still conduces to the great ends He ordains. Surely He intends some great good to follow this mighty convulsion, which no mortal could make, and no mortal could stay.
Your people–the Friends–have had, and are having, a very great trial. On principle, and faith, opposed to both war and oppression, they can only practically oppose oppression by war. In this hard dilemma, some have chosen one horn, and some the other. For those appealing to me on conscientious grounds, I have done, and shall do, the best I could and can, in my own conscience, under my oath to the law. That you believe this I doubt not; and believing it, I shall still receive, for our country and myself, your earnest prayers to our Father in heaven.
Your sincere friend,
A. Lincoln.
So, what are you thankful for?




