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Rare Doesn’t Mean Valuable

So, an old friend from Chicago sends me a scan of an expired 1940 Commonwealth Edison coupon for a Philco radio. It's nice, rare piece of mid-century ephemera.

Being a lawyer, he cuts to the chase and ask me to determine its value. I get this same general question a lot, so I thought I'd share my reply—my answer to his inquiry might help a number of people with their own questions about rare but relatively valueless, unwanted ephemera.

It's hard to say for certain—there are no price guides for this sort of thing. Basically, it is worth whatever someone will pay. However, from handling other similar items from the same era in the same basic category, I'd say it is unlikely that this would fetch more than $10 at auction. That would also depend on condition, which I can't ascertain from the scan. My $10 dollar guess is based on an item in perfect condition. If this item has tears or creases or other issues, it would hurt its value—depending on the severity of the damage it could render it worthless.

While one could argue that this is rare piece of paper (and I think it is), it doesn't mean it has any monetary value. Rarity alone doesn't equate to value. For instance, a used 1980 Superdawg wrapper is rare, but the market for it is small, so the value is low—although I'd pay more for the Superdawg wrapper than I would for this coupon.

Again, this is my opinion—based on my experience and not actual auction data. I could be off by as much as a dollar or two.

I hope you hadn't planned on retiring from the sale of this item.

Karen Varner Wins Ad Boy Book Giveaway

Karen Varner, Ellicott, MD, won the free copy of Ad Boy. Congratulation Karen!

Thanks to everyone who entered the drawing by leaving a comment in the original post.

I hope that Ten Speed Press or another publisher of ephemera-related books will ask me to run other book giveaways so that more ephemera blog readers will have a shot at some free boodle.

 

Auction Rebel Gary Hendrickson (1946-2009)

The Auction Rebel, Gary Hendrickson, passed away recently. Gary was a good friend of this blog.

His obituary ran in the Grand Forks Herald:

Gary Douglas Hendrickson was born on August 30, 1946 in Crookston, MN, the son of Lyle and Cheryl (Holmvik) Hendrickson. Gary grew up and attended school in Crookston, MN, graduating from Crookston Central High School with the Class of 1964. He attended the University of North Dakota and then married Gayle Olson in Crookston, MN in 1966. In 1966 he entered the United States Army. Following his discharge from the Army, he lived in Grand Forks, ND where he was a self employed Antique Dealer. He married Marlee Dunn on July 11, 1979 in Grand Forks, ND.


Gary will be missed by the online community, especially by those who buy and sell on eBay.

July Ephemera Preview

When I used to live in Chicago, they'd say there were two seasons: Winter and July 12. Well, welcome to summer Chicagoans. And welcome all to another great month of blogging here on ephemera. I have so many special summer fun plans. One in particular that I'm very excited about is my upcoming interview post with the Collections Manager at the Smithsonian National Postal Museum. We're going to be talking about the new FDR exhibit. But, wait, that's not all. There are other interesting interviews in the queue. And, I'm going to be posting about a number of fascinating topics and featuring some pretty cool, old paper.

This month I've lined up several interviews with artists who use ephemera in their work. I've spoken with several artists--from collage artists to illustrators to crafters--and I'm going to try to feature as many of those interviews as possible throughout the month.

In between those special interview posts, I plan to feature the usual fair--lots of neat old ephemera and a whole bunch of wacky stories, news items, and such from around the world of old paper. There are also a few surprises in store.

Last month, I snuck my first video podcast into a post about Chet's World War Monkeys. If someone else sends me any cool ephemera-related products like Chet did, I might take out the Logitech and do another YouTube epic. Who knows? I might become the next Gary Vanyerchuk. I mean, I'm all about the hustle, right? Seriously, though, Gary is my idol when it comes to online video. If I can find something worthy of broadcast, I'll make one.

Be sure to subscribe to my feed so you don't miss a single post.

NASA Negatives Discovered at Congressman's Estate Sale

Nasa1 An eBay seller claims to have found a rare set of original NASA negatives.

According to the auction listing, the negative came from the estate of a congressman and were included with other ephemera from Washington, DC. The listing states: "Each appears to be an original negative in color. They are encased in double clear folders. The negative is in a sealed proof plastic folder that is in another plastic holder. Each negative is enclosed with paperwork. The paperwork is from NASA. The items are dated from December, 1972 to September, 1988. The seller found them in a brown envelope with the name of Edward K. Harrison, public information branch, Kennedy Space Center.

The auction of these rare negatives ends on June 30, 2009.

To me, this seller's story rings true. It harkens to a number of ephemera items I've uncovered in my travels at estate sales, or, less glamorously, at the bottom of a dumpster. Check out the auction and decide for yourself.

1000 Blog Comments

Boysgirls_masks One of the wonderful things about blogs is the two-way communications between the author of a blog and its readers.

Comments are one of the things that make blogging worthwhile for me (it's certainly not the money!). Recently, someone left the 1,000th comment on this blog. It's a wonderful milestone. To me, it's one of the most important statistics I track.

From the beginning, I've hoped to create a community, a portal, for ephemera when I built this site more than four years ago. I've maintained it with daily posts and a lot of love and care. The best barometer of its health is your involvement, and I want to take this opportunity to thank you for commenting.

I look forward to reading the next 1,000 comments...

Recommended Reading by the World’s Top Collectors

I've lost count of the number of interviews I've conducted with world-class collectors. It must number in the hundreds. I always ask these experts what books they recommend for people interested in following in their footsteps. Instead of culling through hundreds of interviews to find the books these collectors have recommended, I've done the work for you.

The following post contains excerpts—focusing on books—from some of the most influential and knowledgeable collectors that I have talked with. If this proves popular, as indicated by your comments or the number of stumbles, diggs, tweets, etc., this post receives, then I'll run additional "recommended reading" posts with book suggestions from other interviews.

Baseball Card Collector Josh Wilker

The greatest baseball card writing ever done, and some of the best sports writing, period, was produced by Brendan C. Boyd and Fred C. Harris in Great American Baseball Card Flipping, Trading and Bubble Gum Book. I've also gotten inspiration in my attempts to connect to my cards from other of my favorite writers, most importantly Frederick Exley, who in A Fan's Notes showed that it was possible to present a life in full through the lens of being on the sidelines, as a fan. As for tools, I store all my cards the way I did as a kid, in a shoebox, no plastic, each individual team wrapped in a rubber band.

Vernor's Ginger Ale Collector Keith Wunderlich

I think the number one resource for anyone interested in Vernor's is an excellent new book titled Images of America: Vernor's Ginger Alefrom Arcadia Publishing. The fact that I wrote it has not influenced my number one placement! For those familiar with Arcadia books, it's a book of historic photographs with captions. I have included quite a bit of ephemera in the book.

Railroad Stock Expert and Author Terry Cox

The five catalogs that helped me get started are getting hard to find, but are still available through numismatic book sellers. I still recommend them all, especially if you want to collect something other than railroad certificates. There are three small volumes by George LaBarre titled,Collecting stocks and bonds, 1981. A little harder to find are Bill Yatchman's The Stock and Bond Collectors Price Guide, 1984 and Anne-Marie Hendy's American Railroad Stock Certificates, 1980. Another superb reference is a coffee-table book by Bob Tamarkin and Les Krantz titled, Art of the Market: Two Centuries of American Business as Seen Through Its Stock Certificates. (1999, Stewart, Tabori & Chang.) 

Cat Ephemera Collector Peggy Way

There have been a series of Collectible Cats books issued by Collector Books, authored by Marbena "Jean" Fyke in the 1980s-1990s. Most of the items in her books are from her own collection, and hence, have little detailed information, mainly just where she bought it and how much she paid for it. The Newsletter issued by the Cat Collectors Club from 1982 until 2003 has a wealth of information on all aspects of cat collectibles and cat artists, cat authors, etc. I personally depend heavily on standard collector type books, such as Schroeder's Antiques Price Guidefor which I'm contributing editor of the Cat Collectibles sections and Kovels' Antiques & Collectibles Price List 2008. I collect older, vintage cat items, so I'm always looking for who made it and when. I could never find much on the Shafford Black Cats, so after years of research, I have published a collector's book on them.

Transistor Radio Collector Michael Jack

These books are still a great resource for identifying makes and models. Transistor Radios: 1954-1968 (Schiffer Book for Collectors), Zenith Transistor Radios: Evolution of a Classic, and Transistor Radios: A Collector's Encyclopedia and Price Guide

Old Newspapers as a Collectible - Timothy Hughes Guest Post

Tim_20082 The following guest post was contributed by Timothy Hughes, the founder of Timothy Hughes Rare Newspapers, the largest dealer of authentic rare newspapers with historic issues covering practically every event and topic since the 1600s. Tim and Guy Heilenman, president of Rare Newspapers, also author the History's Newsstand Blog, which publishes historic newspaper articles multiple times per week.

To some, historic headlines in old newspapers are reports of John F. Kennedy's assassination, or perhaps World War II events. But to the experienced collector they are reports of the Great London Fire of 1666, or of Colonel George Washington in the French and Indian War (when he was 22 years old), or the Declaration of Independence of 1776. Yes, newspapers go back that far. And further.

Although I've been a dealer in rare newspapers for 33 years I admit that the hobby is almost unknown outside the small circle of avid collectors. And perhaps therein lies its beauty, as prices for old -- and really old -- newspapers are relatively low.

Issues of the London Gazette from England, the oldest continually published newspaper in the world (began in 1665 and still publishes today) from the late 1600s, can be had for less than $50 each. American newspapers with front page reports on the Civil War are available for $20 and less. And newspapers with front page reports of Indian skirmishes and stagecoach robberies from the much romanticized era of the Old West are available for $30 or so. The small number of collectors keeps prices low and interest in the hobby growing.

One of the biggest misnomers of the hobby is that newspapers over 100 years old must be in terrible condition, as we've all seen how brittle and fragile World War II newspapers can be, or even last week's newspaper for that matter. But actually the opposite is true. Newsprint from before 1880 had a very high cotton/linen content and are consequently in remarkably nice, pliable condition and still quite white. Newspapers from the 1600s and 1700s are in much better condition than issues of the early 20th century.

So why this collectible? My thought has always been "why not?" The beauty is that any event in world history from the past 400 years can be found in a newspaper somewhere. Whether collecting by theme, such as Presidential inaugurations, major military battles, deaths of famous personages, etc., virtually every event in world history can be found in newspapers of the day.

Newspapers Those most in demand and which command the highest prices would not be a surprise to any student of history. The printing of the Declaration of Independence and the Constitution of the United States rank among the most desired, and can command well into six figures for a choice issue. Newspapers dated close to the event and published in the city where the event happened are the goal. But other desirable content can be reasonably priced. Any report of Abraham Lincoln creates interest and might command $25 - $40 for non-significant content. Newspapers mentioning the founding fathers of our nation are popular and -- on the other side of history -- reports on the more notorious (think the gangster era of the 1920s and '30s) have a strong following as well.

Dramatic headlines are a favorite of many collectors, which are limited to the early to mid-20th century era when "screaming" headlines were popular, as they frame well and become a focus of attention to anyone who sees them. Some banner headlines have letters commanding half of the front page.

Yet inconspicuous reports are just as exciting to find. Like the small report buried on page two of the Connecticut Journal of July 10, 1776 which reads: "Yesterday the CONGRESS unanimously Resolved to declare the United Colonies FREE and INDEPENDENT STATES." There is a thrill in holding a newspaper once owned by a colonist, reading the same report as he or she when they learned their country was separating itself from the control of the British.

One of the joys of the hobby is that even the most innocuous of newspapers offer something of interest. Back page ads offering slaves for sale, or houses for $200 speak to an era when the world was very different. Old newspapers, be they 100, 200, or over 400 years old, offer a window to another era free of any revision of history or interpretation by historians.

Info about photograph of newspapers

The left is a Civil War issue of The New York Herald from March 13, 1862 with a very large, displayable map of the United States showing the new boundaries of the rebellious states. The issue retails for $100 on Timothy Hughes Rare Newspapers. More details can be found here. The right is a French and Indian War issue of The New York Gazette or Weekly Post-Boy from December 4, 1758 with a very early mention of Colonel George Washington. The issue retails for $755 on Timothy Hughes Rare Newspapers. More details can be found here.

Printed Ephemera Guide

Often, collectors of ephemera ask me to recommend resources, tools, and dealers. To answer those requests, I've created this guide to printed ephemera that runs the gamut, identifying eBay ephemera sellers of note to 'must-have' books on the subject.

Printed Ephemera Collector's Tools

Printed Ephemera Dealers

eBay is the most often cited source for cards by the dozens of collectors I've interviewed. If you don't have an eBay account, I've written a step-by-step guide on how to sign up for your own eBay account. Without further ado, in no particular order, here are links to notable card sellers' eBay stores:

Printed Ephemera Reference Book

Encyclopedia of Ephemera: A Guide to the Fragmentary Documents of Everyday Life for the Collector, Curator and Historian

Finally, if you're looking for the perfect, inexpensive gift for the ephemera collector in your life, give a subscription to the Ephemerist

Ephemera Cards Guide

Often, I'm asked about ephemera cards (a.ka., non-sports memorabilia trading cards). That's not surprising--its one of the hottest categories of ephemera. To answer those questions, I've created this guide to ephemera cards that runs the gamut, identifying eBay postcard sellers of note to 'must-have' books on the subject.

Ephemera Card Primer

Defined as "a small card intended for trading and collecting," ephemera cards were first offered as premiums distributed with tobacco products. This type of card is often referred to as a "cigarette card." Cigarette cards were at their peak around the mid-1920s and continued for about 15 years. Cigarette cards feature pictures of ships, trains, motorcars, animals, etc. They were given away—one card in each packet of cigarettes. Although initially intended to advertise brands of cigarettes, the cards became favorite trading items among children. Because so many children collected cigarette cards, a large quantity of cigarette cards have survived to the present day. Today, cigarette card collecting is recognized as a major hobby on a par with stamp and coin collecting. The value of a trading card depends on a combination of the subject's popularity, the scarcity of the card, and its condition. In some cases, non-sports trading cards have become collectors' items of considerable value.

Ephemera Card Collector's Tools

Ephemera Card Buyer's Guide

eBay is the most often cited source for cards by the dozens of collectors I've interviewed. If you don't have an eBay account, I've written a step-by-step guide on how to sign up for your own eBay account. Without further ado, in no particular order, here are links to notable card sellers' eBay stores:

Ephemera Card Reference Books

Of my 'habits of successful collectors', scholarship is #3. To gain knowledge on card collecting, I suggest the following titles:

Finally, if you're looking for the perfect, inexpensive gift for the card collector in your life, give a subscription to Antiques & Collecting Magazine