So you say you recently inherited a book collection from your grandparent, your parent, a distant family member, a neighbor, or a family friend? If you’re not familiar with the rare book trade and you don’t have too much experience buying or selling rare books, you might feel lost among the boxes or shelves. Most likely, you’re wondering if this inherited book collection is worth anything. Many rare booksellers and archivists have tales about being approached with old books that the owners believe to be valuable solely based on age or incorrect assumptions about the book’s provenance. Of course, terms like “worth” and “value” are always relative, and we’ll say more about that in just a few minutes. But before we do, we want to tackle the complicated question of whether an inherited book collection has any market value and what that means for your inheritance.
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