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Some more prices, then and now…
October 6, 2009 by TimHughes · 1 Comment
Some months ago I reflected upon the value of newspapers we have sold years ago compared to more current values for the same title and event. Having published catalogs since 1977 it is interesting to pull out some of the early editions and see what we sold newspapers for many years ago.
Although we are careful to never recommend early or historic newspapers as investments, many have done well over the years. Not surprisingly, those which are most historic and less common have appreciated the best, while others—particularly titles which tend to come available from time to time—have appreciated but not at an exceptional pace. A few examples:
Within our catalogs created in 1980, twenty-nine years ago, are several entries which we still are able to keep in inventory such as “Harper’s Weekly” of July 22, 1876 with coverage of the Custer massacre. We sold it then for $32, and offer it today for $112. Using an inflation calculator the $32 would have inflated to $82.57 today. Also in “Harper’s Weekly” we sold Oct. 4, 1862 with a printing of the Emancipation Proclamation for $52 ($134.28 in today’s dollars), while today we sell it for $125. The same title for March 22, 1862 on the Monitor vs. the Merrimack sold then for $38 ($98.05 in today’s dollars) and for $113 today.
Although “Harper’s Weekly” remains a very desirable title and has most certainly become more scarce as the years have gone by, I would not consider it a rare title. Consequently some prices have exceeded inflation while some have not.
But somewhat less common titles, and more significant events, have had more interesting price changes. In 1980 we sold the “New York Tribune” of April 4, 1865 which reported the fall of Richmond and had a huge eagle engraving on the front page, for $48 ($123.85 in today’s dollars). Not long ago we sold the same issue for $477. And in 1980 we sold the “Gazette of the United States” of March 2, 1791 on the creation of the Bank of the United States, for $19 ($49.03 in today’s dollars) and a more recent sale was for $775.
Of courses naivete (or perhaps stupidity) was the reason for many low prices years ago. Back in the “early years” I simply didn’t have the experience of knowing how desirable some events would be for collectors. If I bought an item for $20 and sold it for $30 I was happy.
Pricing has become much more sophisticated the last ten years or so, but I’m sure we still offer some interesting gems of history at relatively low prices which will take on much greater desirability as the years progress. Part of the fun of the hobby is seeking them out.
Politicians can state the obvious…
September 12, 2009 by TimHughes · Leave a Comment
The little tidbit shown in the photo appears in “Harper’s Weekly” of January 22, 1876.
Where have all the real men gone?
November 3, 2008 by GuyHeilenman · 1 Comment
A life surrounded by rare newspapers helps provide a tether to the past as a stronghold against the prevailing winds of revisionist history; a hidden advantage the hobby provides which would be difficult to find within the list of benefits offered by any other collectible. Case in point:
Tomorrow’s U.S. presidential election has caused many of us to ponder the past, the present, and the future of our country, and to grapple with the decision concerning how we might vote. This reflection has led me to wonder how we have come to be where we are in this beloved country of ours. One side-bar of being surrounded daily by “history… as reported from the day it occurred” is
that the contrast between our forefathers and ourselves is laid bare. Old newspapers reveal harsh and sometimes violent differences in opinion, partisan politics, and hostile political verbal exchanges in the public square. Sounds like today. So what’s the difference? Although there were extreme differences in political ideology, there were absolutes which rarely faltered. Regardless of their differences, our forefathers, for the most part, were united in their belief that:
1) the Constitution was designed to be a document to be interpreted through the eyes of “what the country was not permitted to do to its citizens” rather than “what the country should do for its citizens”.
2) the “pursuit of happiness” meant that citizens should be able to flourish through determination, a strong religious mooring, and the sweat of their brow. Class and specific religious affiliation were not to predetermine one’s socioeconomic status… future… hope.
3) regardless of religious affiliation, the Judeo-Christian ethic was essential in providing the foundation for the Republic – and the degree to which its citizens and leaders embraced this ethic would largely determine the long-term success (or failure) of this experiment is self-government. Even the deists embraced this thinking!
Most importantly, they were united in their desire to create, nurture, and protect a government which would provide a better world for their children, and their children’s children. No one had a sign on the back 
of their gold plated carriage which stated: “I’m spending my children’s inheritance”. Rather, they would have denied themselves everything if it could in some way make a better tomorrow for future generations. They gave their very lives for this cause… and would do it again if able. And they weren’t the only ones who grasped the principles of hard work, solid mooring, and self-denial. How many millions more left everything, risked death on the open sea, and passed through the mass of humanity at Ellis Island, all for the opportunity to kiss the dirt of a country which they knew would give them the hope of providing a better future – not for themselves, but for their families as they progressed through future generations?
Now, partisan politics is paramount – voting our conscience is what we claim, but the voice from within has long been silenced by our pursuit of self gratification. Queen, one of the many flamboyant bands of the 70’s and 80’s, described us well when they sang “I want it all… I want it all… I want it all, AND I WANT IT NOW!”
However, it’s not too late. We can still be “…the champions my friends…”, but we need to return to the dream of our forefathers, gather our moorings, break a sweat, and start thinking of our children’s children. With the election at hand, why not examine yourself, seek truth, awaken the voice from within (or even better, the VOICE from within), and vote your conscience rather than simply the party line or for what is expedient? It’s time to sacrifice. It’s time to be men!
What other collectible would have solicited such reflection?
Note: This post is focused intentionally on men. I’m convinced most women still have their natural God given “motherly instincts” intact. Even if subdued for a time, their desire to do right by their children is poised to leap into the future like a roaring lion. Thanks women. 🙂
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Harper’s Weekly with Thomas Nast’s 1st Republican Elephant: November 7, 1874
Harper’s Weekly with Thomas Nast’s 1st Democratic Donkey: January 15, 1870
Harper’s Weekly with both images as shown above: September 19, 1908
The work of a headsman…
October 2, 2008 by TimHughes · Leave a Comment
Almost daily we find non-historical, but fascinating reporting in the issues we peruse. It is one of the
hidden pleasures of the collectible. See the image to the right for one recently discovered intriguing little nugget published in the ILLUSTRATED LONDON NEWS issue of March 9, 1861. John Lund held the job of beheading state criminals in the Tower of London, but never mind that the last time such “services” were required was in 1746. Apparently his only responsibility was to show up twice a year to collect his pay check, which he did “…with a large bright hatchet on his shoulder”. They believe the position may be abolished(!)
By the way, a “sinecure” is “an office or position requiring little or no work”.
Have you found any such nuggets in your newspapers?