Some more prices, then and now…

October 6, 2009 by · 1 Comment 
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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.

New_York_Tribune_Fall_of_RichmondAlthough “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.

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Filed under: Common Questions, Harper's Weekly, Noteworthy Issues, The 1500's - 1700's, The 19th Century, The 20th & 21st Centuries, Valuation of Issues
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Could have been worded better…

October 3, 2009 by · Leave a Comment 
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The following appeared in “The Daily Courant” newspaper from London, January 2, 1705:

“This day is publish’d, Her Majesty’s Head finely Engrav’d upon a Copper Plate fifteen Inches square, and Adorn’d after the manner of Penmanship. Price 6d. Sold by J.Nutt near Stationers-Hall. “

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Filed under: The 1700's, Unusual, Fun & Bizarre
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Wrappers and no wrappers…

October 1, 2009 by · 1 Comment 
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Monthly_Review_1As regular customers have noticed, our only foray into the world of magazines is pretty much limited to 18th century titles. Magazine collecting of the 19th and 20th centuries is a world onto itself and there are many other dealers who make such items their specialty. I never felt a need to venture there.

Occasionally one will see our listings of magazines which note “with original wrappers” and perhaps wondered what this meant. Most magazines which were sold “on the street” came with a wrapper, or front and back cover, which was in addition to the typical title page of the magazine. Typically the wrapper would have a blue or blue-green tint. Some wrappers had a decorative embellishment and some had the table of contents. The reverse side of the front wrapper and both sides of the back wrapper commonly had advertisements, often for books or other publications offered by the printer.

But magazines with wrappers are rarely found. At least 98% of the 18th century magazines on the market today came from bound volumes. The volumes were created when libraries–whether personal or institutional–had an entire year’s edition of a title bound into book form for efficient storage & display on a bookcase. And many magazine publishers set aside extra copies of each month’s edition for binding and sale to patrons at the conclusion of each year. Since wrappers were considered superfluous they were almost always removed from the issues before being bound. The binding process also involved trimming the three exposed margins for a neater appearance. Consequently when loose issues became available to collectors centuries later through library deaccessionings, they were lacking the wrappers.

Monthly_Review_2

Those fortunate enough to find a magazine which survived the last several centuries without being bound may experience the great pleasure of having a magazine “as issued”, or with the wrappers intact and without the margins trimmed. Such find are quite rare.

I have discovered many over the course of the last 33 years, and have even had the pleasure to find an occasional bound volume of an 18th century title with the wrappers bound in, either with each of the monthly issues or grouped collectively at the back of the volume. Such wrappers would have trimmed margins, which is less then ideal, but wrappers with trimmed margins are far better than no wrappers at all. And perhaps in just one or two instances I encountered a volume with wrappers bound in and margins untrimmed.

In any case, magazines with wrappers intact are the goal for serious collectors of 18th century magazines. Not surprisingly such issues command a premium price, but their rarity also creates a high level of desirability.

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Filed under: Common Questions, Post Civil War, Pre Civil War, The 1700's, The 20th & 21st Centuries, Valuation of Issues
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Collectible themes… additional thoughts…

September 28, 2009 by · Leave a Comment 
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There is an endless variety of ways to collect early newspapers.

  • The vast array of newspaper dates, titles, sizes and content would seem almost formidable should one decide to collect newspapers without a theme or focus. Even a small percentage of every newspaper title published would not only be a formidable task to assemble but would be too cumbersome to organize and store.Guy_Heilenman
  • But collecting by theme offers a fascinating challenge to cut through the forest of available titles to add only those issues to a collection which fit the scope of a special interest. And the areas of interest can be endless.
  • Whatever one’s interest might be a newspaper collection can be assembled as an interesting complement. You like old radios? Collect newspapers reporting the development of the radio and its antecedents from the telegraph to satellite radio. Or collect newspapers with advertisements of the radios in your collection. You like military history? Collect newspapers reporting major battles of each of America’s conflicts from the French & Indian War to the Gulf War. Politics? Collect issues covering the elections, or inaugurations of each president from George Washington to the present. Or collect at least one of each of the annual state-of-the-union addresses beginning with Washington (yes, he started the tradition which continues today). Or perhaps presidential deaths, or significant policy pronouncements.
  • The Wild West, 20th century gangsters, sports heroes, the weird & bizarre, major tragedies, scientific developments are just a few themes. More specific topics can result in a very focused collection themed on just the Civil War or World War II or Western exploration or 19th century baseball to name a few.
  • Less event-focused collections can also result in an intriguing variety of issues, such as one newspaper from every decade from the 1650’s to the present showing the progression & evolution of newspaper publishing from its infancy to the internet.  Huge headlines of any event can provide for a very dramatic & displayable collection, or erroneous reports (Dewy Defeats Truman” is the most famous, but there are many more), printing errors (wrong dates, upside-down type, misspelled headlines, etc.) can result in an interesting collection.
  • Given the tens of thousands of titles and the 400 year span of newspaper publishing the themes of collecting are virtually endless. Explore and widen your interest by adding newspapers to your collection. A fascinating world of collectibles awaits you.

Note:  If you are still having trouble deciding on a theme upon which to begin centering your collection, consider the History’s Newsstand Store’s or the Rare & Early Newspapers’ list of categories as potential starting points.  Many collectors began their collections by amassing a low-end (low priced) issue from each decade from the mid-1700’s through the mid-20th century.  A basic issue from each U.S. President’s term of office is also a popular theme.
The list of collecting strategies is endless.  Feel free to contribute ideas of your own.

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Filed under: Common Questions, Newspaper Collecting Ideas, The Hobby
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Desperate spy tactics…

September 26, 2009 by · 1 Comment 
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Cow_disguiseThis interesting item found in the Confederate newspaper “The Daily Delta” from New Orleans, Feb. 20, 1862, speaks for itself.

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Alaska’s first newspapers…

September 24, 2009 by · 2 Comments 
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The very first newspapers published in a state or territory–particularly those west of the Allegheny Mountains, have always been of interest to me and I suspect others as well.  To share the wealth of information found John C. Oswald’s “Printing In The Americas” I will, from time to time, reflect upon the first newspaper or newspapers in many of the United States. Alaska’s interesting history will be first.

Alaska_TimesThe first periodical issued for distribution in Alaska was in handwritten form. It was a monthly “published” for the information of a force of men laying a telegraph line connecting Alaska with Siberia. Its name was the “Esquimeaux” (we now spell ‘Eskimo’), begun Oct. 14, 1866 and continued for twelve numbers, ten done at Libbysville, Port Clarence, Russian America, and two at Camp Libby, Plover Bay, Eastern Siberia. The completion of the Atlantic cable having put an end to the telegraph project, the manuscript of the “Esquimeaux” was taken to San Francisco & issued in printed form beginning Oct. 31, 1867.

The first formal newspaper which circulated in Alaska was actually printed in San Francisco beginning March 1, 1868, shortly after the purchase of Alaska by the United States, titled the “Alaska Herald“. It was semi-monthly & printed in both Russian & English.

The “Alaska Times” started at Sitka on May 1, 1869 and continued there until 1870 when it was moved to Seattle where–according to Oswald–just two numbers were published. But our inventory shows at least 20 numbers having been published in Seattle.

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Filed under: Post Civil War, The Hobby
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“News Rooms”: a curiosity of the past…

September 21, 2009 by · Leave a Comment 
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One last excerpt from Clarence Brigham’s book “Journals & Journeymen” is worthy of sharing with follow collectors as it explores a part of newspaper history of which most are unaware. The chapter is titled “News Rooms”:

Journals_and_Journeymen_BriAn interesting custom in newspaper history was the establishment in the early 1800’s of news rooms at nearly all of the larger towns. Somewhat akin to this idea was a project carried out at a much earlier day at Bridgeton, New Jersey. Here in December 1775, & continuing for two months, a weekly paper called “The Plain Dealer”, consisting of essays but with topics relating to the problems of the colonies, was written out in manuscript and posted up in Matthew Potter’s tavern. It enabled readers to gather at a central meeting place and peruse a weekly publication, which they would not trouble, or perhaps could not afford, to purchase.

Soon after 1800 reading rooms sprang up in several towns. In Boston the Anthology Reading Room was established in 1806, with 160 subscribers, and making available all the leading newspapers of the country. In 1808 Samuel Gilbert established at Boston what may have been the first commercial news room in the country. It was located in the Exchange Coffee House, erected in 1808, with its “Reading Room and Marine Diary” on the entrance floor where newspaper files could be consulted.

In New York, John H. Payne in 1811 opened a reading room where could be found the most important newspapers and magazines of the day. Charleston had a newsroom in 1813 where the terms were ten dollars for subscribers and strangers one dollar a month. In fact, almost every city and larger town before 1820 had its news room where leading newspapers were regularly filed. To enumerate them would require a lengthy chapter and necessitate an exacting study of early newspaper advertisements. Unfortunately there is no record of a new room proprietor preserving his files for posterity.

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Filed under: Pre Civil War, The 1700's, The Hobby
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Before they became famous…or “infamous”…

September 19, 2009 by · 2 Comments 
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Oswald_DefectsA special desire for many collectors is to find a newspaper mentioning a name which would not become famous for many years, such as the “Lincoln & Herndon” attorney advertisements from Springfield, Illinois in 1857, or a newspaper ad noting John Wilkes Booth appearing in a play in 1863.

The item shown in the photo fits this category, appearing on the front page of the “Detroit Free Press” in its November 1, 1959 newspaper.  If a Kennedy assassination plot existed, the plans may have begun as early as…

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Filed under: Confederate, Food for Thought, Noteworthy Issues, The 20th & 21st Centuries, Unusual, Fun & Bizarre, Yankee
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My Collecting Story… Simon Marshall-Jones…

September 17, 2009 by · Leave a Comment 
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headtats_simon_marshall-jonBeing an artist and writer, I possess a fascination with the world and the universe that isn’t limited by borders. Ever since I was a young boy, living in a small Welsh town, I have always wanted to know about the wonders out there, and before I had reached the end of my first decade I had an avid interest in both archaeology and astronomy, as well as other sciences. I have carried that abiding sense of wonder into my adult life and it continues to inform my everyday existence.

Collecting is as much part of my genes and psyche as my diabetes is part of my genetic make-up and creativity is a part of my psychology. Over the last four decades or so, I have collected everything from pop cultural artefacts (obscure vinyl records from seriously underground outfits, for instance) to high-brow books on unusual subjects (eg, the sociology and politics of death, and the history of Freemasonry). However, the one collecting habit that has given me the greatest pleasure is the one that harks back to those childhood interests – working towards amassing a complete run of Scientific American, from its foundation in 1845 until the present day.

I fell into collecting the magazine quite by accident. In each and every current issue is a column that looks back at articles and items of news from previous issues in its long history – 50, 100 & 150 years ago. It occurred to me that they were only the highlights, mere gilded snippets of a broader tapestry, inevitably giving only a minute glimpse of the fuller picture. I felt that, rather than wonder what else there was in each of these vintage issues, I would chase them down and read them for myself. Not only is this venerable magazine an almost complete history of science, it is also a wonderful tracker of social history as well. The progress of scientific discovery was much slower the, or so it appears, but no less momentous for all that. Scientific American spans steam, automobiles, airplanes, the American Civil War, both World Wars, the discovery of penicillin, insulin, computers, man’s first exploratory ventures into space and into the depths of the oceans – and it’s all been reported in the pages of Scientific American over the past nigh-on 165 years. That in itself persuades me that collecting the magazine is an exceptionally worthwhile enterprise, and often sends a frisson of delight down my spine.

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Filed under: Collecting Newspapers, The Rare Newspapers Community
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The Next Must-Read Book for Newspaper Collectors

September 14, 2009 by · 9 Comments 
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infamousscribblersMott, Emery, Thomas, Tebbel and Brigham are household authors on the bookshelves of most newspaper collectors, but another name needs to be added to the list. Eric Burns.

Burns is the author of Infamous Scribblers: The Founding Fathers and the Rowdy Beginnings of American Journalism.

Most of us have read — on more than one occasion — about the history of Public Occurrences, The Boston News-Letter, Zenger’s New York Weekly Journal and Franklin’s Pennsylvania Gazette. But how often do we get to read these stories and many distinct others from a book published in the 21st century?

Perhaps what thrilled me the most about this book was its style. To me, Burns was masterful at marrying the story-telling flair of David McCullough with the newspaper history acumen of Mott, Emery and others.  More so, I enjoyed learning several fun facts and exciting stories about many of the newspaper titles I see for sale at rarenewspapers.com or even hold in my own collection.

The Boston Gazette, according to Burns’ C-SPAN presentation on his book, is the most influential newspaper this country has ever known.  He says the Gazette got us into the Revolutionary War, sped up the course of the war and may have even determined the outcome of the war.  A good chunk of Infamous Scribblers is dedicated to supporting this thesis.

“Almost certainly the war would not have ended with an American victory in a period of seven years — from first shot to signed treaty — had not the newspapers constantly reminded the colonists of the cause they shared, thereby inspiring the valor of soldiers, and the patience and support of civilians,” Burns said.

He points out that newspapers were the only form of media at the time and served as the great unifier of our nation during a time when America “needed unity as much as we needed ammunition.”

Here are a few  fascinating excerpts from Infamous Scribblers:

On a printer’s disincentive to publish a newspaper: “Despite a New World population of more than 300,000 by 1700, there were not enough customers of newspapers — too few English speakers in America, too few towns and villages that were too widely scattered to allow for news to be gathered efficiently and a paper to be distributed economically.”

On a newspaper’s role in the Revolutionary War: “It was Franklin, though, who most succinctly and accurately assessed the role of the media in the days leading up to the war. It was he, astute as ever, who pointed out that the press not only can ‘strike while the iron is hot,’ but it can ‘heat it by continually striking.'”

On Sam Adams: “The least ethical newsman of the entire colonial era, if not the entire history of American journalism.”

On 18th century journalism: “As a rule, newspaper publishers of the time did not chase after interviews or hustle to the scenes of events with their juices flowing and pen fingers twitching. For the most part, they were denizens of the print shop, preferring that the news be spoken in their ears or slipped under their doors — that it be delivered to them, in other words, as spices were delivered to the grocer or bolts of clothes to the tailor.”

On reporting and publishing during the Revolutionary War: “The Revolutionary War was not an easy one to cover. For one thing, once the fighting started there was more news than ever but no more shipments of ink or type or spare parts for the presses coming into American ports. There were no more shipments of paper either, and, as for the quantities still available or smuggled into the colonies from a friend in the motherland or a trader in another European nation, there were higher priorities for it than journalism.”

On an unlikely spy embedded as a printer: “Jemmy Rivington’s Tory newspaper, the Royal Gazette, was extremely critical of George Washington. However, Rivington was also a spy who passed along secrets of the British navy to colonial leaders. On one occasion, Rivington helped break a British code that almost surely saved American lives during one of the war’s earlier battles.”

On printing business diversification: “Colonial printers did not just publish newspapers… they continued to publish documents for agencies of government and various other materials such as sermons, speeches, and contracts, for private clients… they turned out pamphlets, Sunday supplements of a sort, commentaries on the news of the day…”

On the importance of 18th century newspapers: “Perhaps the importance of the press to the outcome of the war can be exaggerated, but not easily and not by much. It was newspapers that kept the colonies informed of the progress of the fighting in a way that letters and patterers could not have done, and in the process united the colonies in a way that was beyond the ability of the jerry-built wartime government.”

This post was authored by Todd Andrlik, a collector of rare and historic newspapers that you can follow at toddand.com and raglinen.com.  Todd recently launched the Historic Newspapers Network for the newspaper collecting community.

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Filed under: Collecting Newspapers, Colonial, Guest Posts, Items of Interest, Revolutionary War, The 1700's, The Collectible Community, The Hobby
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