Many people have beliefs about Grosset & Dunlap that are based on false information or on conspiracy theories. Several prominent series book authors including Margaret Sutton and Helen Wells believed that Grosset & Dunlap conspired with the Stratemeyer Syndicate during the 1960s to suppress the publication of the non-Syndicate books. At the same time, Harriet Adams and the Stratemeyer Syndicate grew increasingly discontented with Grosset & Dunlap for not advertising the Syndicate books as well as they could have.
In truth, Grosset & Dunlap was a low-budget publisher that had no interest in going to any extra trouble to promote series that were already selling for them. Grosset & Dunlap showed no favoritism towards the Syndicate, as evidenced by the fact that Harriet Adams sold the rights to the new Nancy Drew titles to Simon and Schuster in 1980. People often think that a conspiracy exists when it does not.
This brings me to sellers' comments in eBay auctions. Sellers who have Farah's Guide sometimes give explanations for why a book is scarce, and their explanations are based completely on flawed speculation. Here is an example:
Clue of Broken Locket Nancy Drew HTF Short Print Run Item #
200291053097This auction is for the first picture cover printing of Broken Locket which has the "man with pipe" cover art. There were just three printings of Broken Locket with this cover art. The first two printings have the original 1934 text, and the third printing has the revised 1965 text. The seller states:
"Hard to find but wanted a lot since there was a short print of the 1st edition PC printed....You won't see this on the block very often. As we collectors know these type books enrichen in value yearly....I have only seen this 1st ED once on the market for sale once in two years. I grabbed this one and now putting it back up for someone who knows their 1st ED PC Nancy Drew per Farah's books. The price goes up every year or even less sometimes when added attractions are involved like the artist drawing a pic of himself in the back ground. That is why printing copies were so few on this books 1st Ed , 1st print. To make it more valuable."
So much is wrong with the seller's comments that I hardly know where to begin. The seller states that only one has been for sale in the last two years. Really? I can find one copy listing to Fire Dragon in the last two weeks' worth of closed auctions. Is that it? No, because I can also find one that is currently for sale in an eBay store. Far more than one copy has sold in the last two years. I am confident that at least one copy of the "man with pipe" Broken Locket that lists to Fire Dragon sells each month on eBay.
If the book is so scarce that only one has been available in the last two years, why would a seller try to get only $23.00 for it? $23.00 was the Buy It Now price, and the book sold at the opening bid of $19.99.
The seller also states that the book is desired because of how few copies were printed. It is not the number of copies of a book that determines a book's desirability. Remember that many library bindings are one-of-a-kind, yet they have no value because I'm the only one who wants them. Scarceness does not determine value. Many scarce books have no value because nobody wants them.
The seller states that very few copies of this book were printed "to make it more valuable." Grosset & Dunlap had no interest in limited edition collectibles. Exactly how would it have benefited Grosset & Dunlap to create a book that was valuable on the secondary market? They did not have a stake in the secondary market.
Whatever happened is what happened, and Grosset & Dunlap had no reason for it. If there was a reason, then it could have been because the cover art had a man smoking, and this may not have been to Harriet Adams' liking. Nobody knows for certain.
I am also not impressed with the supposed rarity of the "man with pipe" cover art that is hyped by so many sellers. They all tend to state that the "man with pipe" cover art is extremely hard to find, yet the book is not that hard to find. Of course buyers can't just grab a copy for a couple of dollars at any given time, but the book is up for sale most of the time on eBay. It can be had for under $10.00.
The printing that is truly scarce and possibly rare is the third printing of the "man with pipe" cover art that has the revised 1965 text. Exactly how many of those are seen up for sale? I estimate that I see only
one per year. Farah assigns the same value of $50.00 to the first and the last of the three "man with pipe" cover art Broken Lockets. The third printing is by far more scarce and should be worth far more than the first printing. If the first printing is worth $50.00, then the third printing should be worth $100.00 or more. On the other hand, if the third printing is worth $50.00, then the first printing should be worth far less since it is more abundant.
The point of this message is to give another example of why all buyers should question the comments of all sellers and never take a seller's comments as the gospel. Always remember that sellers are making a sales pitch and are trying to make their items sound better than everyone else's items. I try to be cautious with what I claim in auctions, but I make mistakes at times.
I used to believe the whole "Grosset & Dunlap conspired with the Stratemeyer Syndicate against Margaret Sutton and Helen Wells" conspiracy theory until I realized why it made no sense. Grosset and Dunlap had an equal amount to gain from sales of all of its series books. Undermining the sales of most of its books to the benefit of just a few would only have hurt profits in the long run.