by jim on January 22, 2025
The COVID pandemic crisis forced many rare book dealers to reassess the decades-old traditional business models or face closing permanently. Pandemic-proof ecommerce sales channels, such as online marketplaces, online auction events, and virtual book fairs grew as a result. According to the Department of Commerce International Trade Administration, global ecommerce had an additional 19% sales […]
Tagged as:
Auctions,
book sales,
Rare Book Sale Monitor
by jim on February 5, 2024
The rare book trade finished another year of sales and according to the Rare Book Hub, sales of the highest priced items did worse in 2023 compared to 2022. Rare Book Hub compares auction sales from most auction houses and it includes items such as trading cards, in addition to books and ephemera. According to […]
Tagged as:
Auctions,
book trade,
Rare books fair
Advancement in Artificial Intelligence (AI) is progressing with unexpected speed, spreading across nearly every industry and discipline. The stakes in the race for generative AI are rising and technology companies are spending big. With the proliferation of big data and large-scale data lakes, we have now entered the world of large language models of chatbots […]
Tagged as:
AI,
Gödel,
Mind
by jim on January 28, 2023
We have entered the cyberpunk age. Many of the things that were predicted in cyberpunk literature are here now. The global cyber threat continues to evolve at a rapid pace, with a rising number of data breaches each year. Viruses, trojans, spyware, ransomware, adware, botnets, SQL injections, phishing cyberattacks developed by malicious programmers, threaten individuals, […]
Tagged as:
computer crime,
machine intelligence,
sci-fi
NFTs, or nonfungible tokens, are digital proofs of a purchase for goods like art, digital music and other valuable collectibles. When auction house Christie’s sold the NFT “Everydays: The First 5000 Days,” a collage by the artist Beeple, for $69.3 million in March of 2021, it signaled the dawn of a potential virtual fad. Data […]
Tagged as:
NFT,
provenance,
rare book
Think back to 2021. This was supposed to be the year of new openings! A return to pre-pandemic normalcy! Instead, it became the year that failed to live up to its preseason hype. Many of the in-person events were either cancelled or forced to remain virtual. In the Rare Book world, most of the trades […]
Tagged as:
book fairs,
Rare Book Sale Monitor,
Virtual Book Fairs
by jim on November 9, 2021
How can rare book sellers determine the optimal price for their items brought to market? If the price is set too high, the buyers may not bid to buy, if the price is set too low, the stock may be sold below optimal pricing. The information that is needed to set the right price for […]
Tagged as:
Auctions,
Business and Economics,
price analysis
As the pandemic spread and live book fair events shut down around the world, Virtual Book Fairs (VBF) offered a new way to buy and sell books online. At last count, there have been at least a couple dozen virtual fairs organized by IOBA, PBFA, Getman, ABAA, ABA (“Firsts”), SLAM and others. Judging from the […]
Tagged as:
Rare Book Sale Monitor,
Virtual Book Fairs
A universal notation with symbols employed that are few and simple enough, furnish the most important assistance in the design of the order and succession of the movements in a machine’s engine. This was the most important tool that Mr. Charles Babbage employed in his attempts to construct his celebrated calculating machines. In his own […]
Tagged as:
Analytical Engine,
Babbage,
Digital Technology
by jim on December 10, 2020
Recently, book collectors, book dealers, auctioneers and book trade organizers, connected in three virtual spaces for the annual Rare Book Week, which usually take place in the month of November, in Boston. The new virtual platform settings had the obvious benefits of enhanced reach, scalability and cost-effectiveness, for the organizers, and the potential of boosting […]
Tagged as:
book auction,
book fairs,
Rare Book Sale Monitor