EUREKA BOOKS (est. 1987)
426 2nd St. Eureka, CA 95501. Map It
(707) 444-9593
logo image  logo image  logo image

Peter B. Howard on Bookselling

October 22nd, 2013  |  Published in Bookselling, Serendipity

Peter Howard was one of the top antiquarian booksellers in the United States, with a heyday in the 1990s, when his firm, Serendipity Books in Berkeley, frequently grossed more than $2 million per year with just four or five employees. As we have been packing up the store, we have come across some of Peter’s observations on bookselling:

“There is no possible, rational prediction that a given used or antiquarian book will sell for a given or specific price in a specific period of time.”

“A large collection of used books is difficult and often impossible to sell at a predictable or desired price.”

“Booksellers are entrepreneurs. The success of their business depends primarily (or entirely?) upon acumen honed over time; their special knowledge (absorbed over years), and their force of will. None of these elements is transferable; none can be bought and sold; occasionally they can be hired. Such entrepreneurs are vulnerable to illness, uncontrollable social or personal vicissitudes, changes in economies of scale, and bad judgment.”

“In a downward, declining or changing market, ownership of one’s building is an absolute guarantee of survival… The book market place is changing utterly, more so than in any time in history, this hour, this day, this month, this year.”

Comments are closed.

Categories