Never be too eager to acquire an auction book, unless you are very thoroughly assured that it is one of the kind truly designated rarissimus. An eminent and thoroughly informed book collector, with an experience of forty years devoted to book auctions and book catalogues, assured me that it was his experience that almost every book would turn up on the average about every seven years. Of course there are notable exceptions—and especially among the class of books known as incunabula, (or cradle-books printed in the infancy of printing) and of early Americana: but it is not these which the majority of libraries are most in search of. Remember always, if you lose a coveted volume, that there will be another chance—perhaps many of them. The private collector, who carries it off against you, has had no former opportunity to get the rare volume, and may never have another. He is therefore justified in paying what is to ordinary judgment an extraordinary price. Individual collectors die, but public libraries are immortal.
If you become thoroughly conversant with priced catalogues, you will make fewer mistakes than most private buyers. Not only catalogues of notable collections, with the prices obtained at auction, but the large and very copious catalogues of such London book-dealers as Quaritch and Sotheran, are accessible in the great city libraries. These are of the highest use in suggesting the proximate prices at which important books have been or may be acquired. Since 1895, annual volumes entitled "American Book Prices Current" have been issued, giving the figures at which books have been sold at all the principal auction sales of the year.
There is no word so much abused as the term rare, when applied to books. Librarians know well the unsophisticated citizen who wants to sell at a high price a "rare" volume of divinity "a hundred and fifty years old" (worth possibly twenty-five cents to half a dollar,) and the persistent woman who has the rarest old bible in the country, which she values anywhere from fifty to five hundred dollars, and which turns out on inspection to be an imperfect copy of one of Barker's multitudinous editions of 1612 to '18, which may be picked up at five to eight shillings in any old London book-shop. The confident assertions so often paraded, even in catalogues, "only three copies known," and the like, are to be received with absolute incredulity, and the claims of ignorant owners of books who fancy that their little pet goose is a fine swan, because they never saw another, are as ridiculous as the laudation bestowed by a sapient collector upon two of his most valued nuggets. "This, sir, is unique, but not so unique as the other."
Buying books by actual inspection at the book-shops is even more fascinating employment than buying them through catalogues. You thus come upon the most unexpected volumes unawares. You open the covers, scan the title-pages, get a glimpse of the plates, and flit from book to book, like a bee gathering honey for its hive. It is a good way to recruit your library economically, to run through the stock of a book-dealer systematically—neglecting no shelf, but selecting throughout the whole stock, and laying aside what you think you may want. When this is done, you will have quite a pile of literature upon which to negotiate with the proprietor. It is cheaper to buy thus at wholesale than by piecemeal, because the bookseller will make you a larger discount on a round lot of which you relieve his shelves.
Another method of recruiting your library is the examination of books "on approval." Most book-dealers will be so obliging as to send in parcels of books for the inspection of a librarian or collector, who can thus examine them leisurely and with more thoroughness than in a book store, without leaving his business.
All books, by whatever course they may be purchased, are indispensably to be collated before they are accepted and paid for. Neglect of this will fill any library with imperfections, since second-hand books are liable to have missing leaves, or plates, or maps, while new books may lack signatures or plates, or be wrongly bound together. In the case of new books, or books still in print, the publisher is bound to make good an imperfection.
In old books, this is usually impossible, and the only remedy is to return the imperfect books upon the seller's hands, unless there may be a reason, such as the rarity of the volume, or its comparative little cost, or the trifling nature of the imperfection, for retaining it. The equities in these cases are in favor of the buyer, who is presumed to have purchased a perfect copy. But the right of reclamation must be exercised promptly, or it may be forfeited by lapse of time. If an imperfection in any book you order is noted in the catalogue, it is not subject to return. I have ever found the book auctioneers most courteous and considerate in their dealings—and the same can be said of the book trade generally, among whom instances of liberality to libraries are by no means rare.
One of the choicest pleasures of the book collector, whether private student or librarian, is to visit the second-hand book-shops of any city, and examine the stock with care. While he may find but few notable treasures in one collection, a search through several shops will be almost sure to reward him. Here are found many of the outpourings of the private libraries, formed by specialists or amateurs, and either purchased by the second-hand dealer en bloc, or bid off by him at some auction sale. Even rare books are picked up in this way, no copies of which can be had by order, because long since "out of print." The stock in these shops is constantly changing, thus adding a piquant and sometimes exciting element to the book-hunter, who is wise in proportion as he seizes quickly upon all opportunities of new "finds" by frequent visits. To mourn over a lost chance in rare books is often more grievous to the zealous collector, than to lose a large share out of his fortune; while to exult over a literary nugget long sought and at length found is a pleasure to which few others can be compared.
Of the many bouquinistes whose open-air shops line the quays of Paris along the Seine, numbering once as many as a hundred and fifty dealers in second-hand books, I have no room to treat; books have been written about them, and the littérateurs of France, of Europe, and of America have profited by countless bargains in their learned wares. Nor can I dwell upon the literary wealth of London book-shops, dark and dingy, but ever attractive to the hungry scholar, or the devotee of bibliomania.
Of the many second-hand booksellers (or rather sellers of second-hand books) in American cities, the more notable have passed from the stage of action in the last quarter of a century. Old William Gowans, a quaint, intelligent Scotchman, in shabby clothes and a strong face deeply marked with small pox, was for many years the dean of this fraternity in New York. His extensive book-shop in Nassau street, with its dark cellar, was crowded and packed with books on shelves, on stairways and on the floors, heaped and piled in enormous masses, amid which the visitor could hardly find room to move. On one of the piles you might find the proprietor seated—