Investing in recent first edition books
On 25 October the Man Booker Prize for an original novel will be announced, and if this has never really caught your attention before, perhaps some of the investment opportunities it offers will.
Research from the bookworms at Gocompare has some interesting things to say about first edition prize-winning books - specifically that investing in them, especially signed ones, could net you a pretty profit.
Some of the most notable rises include 2009’s winner ‘Wolf Hall, by Hilary Mantel and the more recent, 2015 winner ‘A brief history of seven killings,’ by Marlon James. A first edition of the former, priced at £18.99 on release would go for £600 now, and a signed first edition would fetch £1,100. That’s an increase of 3060% and 5693%, respectively.
A Brief History of Seven Killings also came out priced at £18.99. A first edition now would get you £150 and a signed one £400. Those are 690% and 7009% rises.
To compare, between October 2009 and now the FTSE 100 has risen 31.5%. And between October 2015 and now, it has risen 7.3%.
Of course, there’s a massive difference between investing in a singular first edition of book and putting regular amounts of cash into a stocks and shares Isa, but it’s an interesting thought all the same.
If you do fancy investing and have some questions about how to start, perhaps it’s worth booking an appointment with the investment doctor? Email your questions to firstname.lastname@example.org.
Here's the full list of Booker prize winners and their worth today:
|Year||Title||Author||Original RRP (£)||First edition value (£)||Signed first edition value (£)|
|2000||The Blind Assassin||Margaret Atwood||16.99||55||213|
|2001||True History of Kelly Gang||Peter Carey||16.99||65||200|
|2002||Life of Pi||Yann Martel||12.99||125||300|
|2003||Vernon God Little||DBC Pierre||12.99||232||581|
|2004||The Line of Beauty||Alan Hollinghurst||16.99||155||280|
|2005||The Sea||John Banville||12.99||114||200|
|2006||The Inheritance of Loss||Kiran Desai||16.99||220||232|
|2007||The Gathering||Anne Enright||12.99||75||420|
|2008||The White Tiger||Aravind Adiga||16.99||100||280|
|2009||Wolf Hall||Hilary Mantel||18.99||600||1100|
|2010||The Finkler Questions||Howard Jacobson||18.99||75||310|
|2011||The Sense of an Ending||Julian Barnes||12.99||75||300|
|2012||Bring up the Bodies||Hilary Mantel||20||160||300|
|2013||The Luminaries||Eleanor Catton||18.99||100||581|
|2014||The Narrow Road to the Deep North||Richard Flanagan||16.99||134||480|
|2015||a Brief History of Seven Killings||Marlon James||18.99||150||400|
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