The seller of the Nancy Drew books from round one then listed his 1930A-1 Old Clock book with dust jacket and his 1930A-1 Hidden Staircase book with dust jacket. These auctions overlapped with the auctions mentioned in my previous post. This is the first time that two copies of the 1930A-1 Old Clock and 1930A-1 Hidden Staircase dust jackets have ever been sold on eBay at the same time. Normally, years pass with neither surfacing, yet we saw two of each simultaneously.
1930A-1 Old Clock with dust jacket
Old Clock sold for $7,633.88, once again, far short of $11,700.
1930A-1 Hidden Staircase with dust jacket
This book sold for $4,361.00.
We have two differing opinions about the overall value of the books and jackets in cases like this where the books are in rough shape. Some people feel that the books are worth less than the Farah's Guide values while others seem to think the books are worth more than the Farah's Guide values.
I have been in communication with the other bidder on these two lots. Neither one of us wanted the books and only wanted the dust jackets. A lot of people assumed that the horrible condition of the books made these particular auctions to be undesirable. I saw this as an opportunity. Those of us who are actively bidding on these first printing books and jackets already have the books and only desire the dust jackets.
The dust jackets that list to Bungalow Mystery are so extremely scarce that collectors have to settle for whatever condition dust jacket comes up for sale. There are only eight known examples of the Old Clock first printing dust jacket in existence, and two of them are the ones that just sold on eBay.
The dust jackets are very scarce and desirable, but these particular examples are not in excellent condition. They are valuable but worth somewhat less than the Farah's Guide values. The books are in horrible shape and are not worth much at all.
Someone told the seller regarding Old Clock, "Do you know yet that this book is valued at $10,000 for the dj and $1,000 for the book?? It is noted in Farah's Guide that 'the first edition dust jacket is extremly rare with, probably, less than ten existing copies in any condition.' Your dj is perfect! I hope you will get what you should for this unbelievable find!!"
The book is trashed. How can it possibly be worth $1,000? The Farah's Guide values are for books and jackets in great shape. The seller was told that the jacket is "perfect." As I told Jenn Fisher, the jacket has a "huge freaking water stain! It's not perfect!" The jacket is not worth as much as Farah's Guide states since it is not perfect!
By telling the sellers the very highest values, the sellers are guaranteed to be disappointed when the books fail to reach those values. It happens every single time one of these books goes up for sale. It happened with the Bungalow Mystery first printing book and jacket I purchased recently.
In the Bungalow Mystery auction, someone told the seller, "Wow! Awesome book! This is the true first print for this book and worth around $5000! May go higher, its in such great shape." Most people who commented publicly about that auction and who are the same people who desire these early first printings pointed out the mildew problem and felt that the book was worth somewhat less than the Farah's Guide value. Why do other people who are not interested in bidding tell the sellers that the books are worth more than the Farah's Guide values?
Jackets aside, the water-damaged Old Clock and Hidden Staircase books are of low value, which makes the comment about the Old Clock book having a value of $1,000 to be completely ridiculous.