How Dust Jackets Play a Key Role in Value of Collectible Books
In this throwaway society it seems ironic that the 19th-century innovation known as a dust jacket is no longer discarded once the book it was designed to protect is brought home. In collector circles, the paper wrapper is regarded as an integral part of a book.
By definition, the dust jacket is a book’s detachable outer cover, usually made of paper and printed with text and illustrations. This outer cover has folded flaps that secure it inside the front and back book covers.
LEFT: One of the most important literary works of the 20th century and Ernest Hemingway’s most difficult first edition to find with its dust jacket is ‘The Sun Also Rises.’ This first edition with the proper first-edition dust jacket sold at a PBA Galleries auction for $42,000 in 2006. Image courtesy of LiveAuctioneers and PBA Galleries
RIGHT: A first edition of ‘The Sun Also Rises’ without its dust jacket sold at auction in 2006 for only $168. Image courtesy of LiveAuctioneers and PBA Galleries
Early dust jackets looked much different than they do today. After book publishers began using cloth bindings in the 1820s, they started providing dust wrappers, which protected books while being transported from the merchant to the buyer’s home. Because jackets of this type were torn when opened, they were normally discarded. Since they were not intended to be re-used, few survived.
Publishers’ dust jackets of the modern style, which covered just the binding and left the text block exposed, were in wide use by the 1890s.
After 1900, as bookbindings became less decorative, publishers paid greater attention to dust jackets, adding multiple colors, graphics, information and advertising. As dust jackets became more attractive than the bindings, more people began to keep the jackets on their books.
Today it would be unthinkable to discard a book’s dust jacket. Booksellers and collectors generally consider it essential to the package. A dust jacket on a book can be compared to the original finish on a fine piece of antique furniture.
“Not all dust jackets are created equal. It matters most with books that are avidly collected – that usually means some 20th-century literary first editions and fine press books. It can matter much less where the content is the major factor when purchasing the book,” said Dale A. Sorenson, PhD, ISA AM, a rare book expert and former owner of Waverly Auctions Inc. (now Waverly Rare Books).
“Of course, condition of the book and condition of dust jacket – or lack of a dust jacket – can play an important part in determining value. Recent literary first editions without a dust jacket become very difficult to sell unless priced at a few dollars,” said Sorenson.
In many instances a book with its dust jacket will appeal to collectors, but without it? Not so much. “It matters most where the dust jacket becomes the wide swing factor in value – first editions by Hemingway, Fitzgerald, Faulkner, where depending upon the condition of the dust jacket, the presence of one can raise the price 5, 10, sometimes 20 or more times than one without dust jacket,” said Sorenson.
A dust jacket can also support the distinction of whether or not the book is a first edition. As an example, a short statement by Truman Capote is printed in green on the inside front flap of first-edition dust jackets of Harper Lee’s To Kill a Mockingbird. Such examples are scarce and highly prized.
“On Our way” by Franklin D. Roosevelt, 1934, hardcover with dust jacket. Sold for $1,000 by Jasper52.
Since the mid-20th century, it has become a widespread practice for publishers to print the price of a book on the inside flap on the dust jacket, and for many years it was common for the buyer to clip off the corner of the jacket bearing the price. Most book collectors frown upon this practice. In some cases – one being John Steinbeck’s Grapes of Wrath – the lower inside corner of the dust jacket states “First Edition.” Sorenson says,“If clipped, much of the value is gone, as it becomes unclear if the dust jacket is the one that was actually issued with a first-edition copy.”
Another problematic practice is matching a found dust jacket with a book that lacks one. “It is done, but there could be a subtle difference between the original dust jacket and the one supplied, negating the value hoped for by supplying the dust jacket from another source,” said Sorenson, adding that the marriage should be noted along with the source.
Sorenson said that the subject of just jackets is complicated and that there are many exceptions to be considered. Dust jackets add only nominal monetary value to books in general circulation. They function as intended, i.e., to attract the initial buyer and to protect the book from too much direct handling and wear. “Where they do become important is when the book is a title that attracts collectors as opposed to readers,” Sorenson said.
For more information, Sorenson recommends Book Collecting 2000 by Allen and Patricia Ahearn. The first section contains extensive detail on the various aspects of collecting books. He also recommends Collected Books The Guide to Identification and Values by the same authors. It contains less detail about collecting and is primarily an extensive list of books in various categories, with current market prices.
Check out this week’s book auction for excellent antiquarian book finds.
Dale A. Sorenson, Ph.D., is former owner of Waverly Auctions Inc. and currently an ISA accredited personal property appraiser of used and rare books, maps, prints and autographs.
