Originally Posted by
Johnny007
Good morning (not anymore). I slept well...but not long enough. I’m sorry this is later than I promised. It was difficult to write while researching and balancing work-related issues. To those who PMed me, I will respond in kind.
I hope that the moderators would move this discussion to the Random Thoughts thread because it does take away from the fact that Kris Webster is, to my knowledge, 1 of only 9 people in the world with this SK book. And probably 1 of only 5 true "collector-first" owners. For that, I congratulate you, Kris. The inscription is superb, too! It’s unfortunate that you took the pictures off site.
I hinted at my feelings of the acquisition last night. I'll expand on that in a bit. I mentioned that some things just did not jibe for me. Here is a big one. It was stated that this book had been on ABE for the longest time. It is very possible that that was what was said to Kris, but I can't believe it. I have been searching ABE and many other locations for another Fine/Fine signed copy of The Shining (US) for at least the last 4 years. I routinely aggregate and sort my searches from highest-to-lowest price knowing that a copy will not be cheap. So, unless my vision suddenly morphed into Stevie Wonder's or the late Helen Keller's, I never saw an advertisement for this singular book on ABE. Weekly, at worst. Bob Jackson combs through ABE looking for gems, as do many other collectors. Did we collectively miss this? While he or I or anyone may have balked at a $4K price for The Shining prior to last May, the floodgates opened up when Tony and Kim purchased the 6 books from Sub Press and then sold 4 of them for $12.5K cash. Since last May, the market dictated the bottom price of this book to be ~$12.5K. Had I seen it within the last 12 months, you damned sure know that I would have contacted the seller to find out what's up with the book because it is priced so far below the recent sales price. So, I have reservations about the claim (made by the seller implicitly or explicitly) that this has been on ABE for a long time.
The second thing that I question is that the seller has sold 1,000s of books so he should have automatically known the rarity of the book. While it may be true that he sold 1,000s of books, the implication is that he sold 1,000s of SK books. If the latter is true, the seller would be akin to Stu or David from Betts Books or a Lloyd Currey/John Knott. But I certainly did not see any seller of SK prominence selling high-end signed copies of The Shining on ABE over the last year – or the last few years for that matter. But, if the seller was just an occasional SK seller and a seller of many other authors or genres, I agree that the 1,000s-books-sold statement could be accurate. And, if that’s the case, I could easily envision a scenario where such a seller described above would not have been privy to the Camelot/Sub Press sale or the follow-on $12.5K sales in the way most of us are.
The next thing I didn’t understand was how the inscription date (2014) implied that this book has been on sale for numerous years, as was intimated earlier in the thread above. How would that date in-and-of-itself prove how long that the book has been on ABE? My GUESS is that Bill Schafer gifted #s I-IV to SK-related people for their pleasure/use/disposal, etc. King inscribed # I and re-gifted the book to Bill Schafer after the inscription thanking him for all of the support over the years and for the future proceeds of The Shining auctions going to The Haven Foundation. I have no guess where it went after that or why it went anywhere, for that matter.
My opinion on this is clear and it is consistent with the way I deal with people always. This is MY opinion only.
I congratulate you, Kris, for obtaining an outstanding book! Rejoice that you own a book that few will ever touch. But it was a private transaction and it should have stayed private until/unless the seller wanted to share the details. Please don’t tell the world that you got the deal of a lifetime, though, because no sane person in this day and time would eschew $9K if he/she had all the facts in front of them. It may not be your or my responsibility to educate everyone, every time. But I would hope that, as a fellow human being, you would educate me if I did not have all the facts needed to make an informed decision, as I would for you.
John