Rare Books as Investment: From Harry Potter to the Gutenberg Bible

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Rare Books,Investment,Gutenberg Bible

Douglas Stewart Fine Books in Armadale showcases the potential of rare books as investments, with examples such as a Gutenberg Bible page and the first Australian edition of Harry Potter. Owner Douglas Stewart shares insights on the value of books like those by William Bligh and Charles Darwin, suggesting they can serve as entry points into the rare book market.

While books are known for their soul-nurturing qualities, those with foresight can also find financial gain through rare books. At Douglas Stewart Fine Books in Armadale, a page from the Gutenberg Bible, dating from 1455, was sold for $90,000 in 2011. One could have bought the first Australian edition of J.K. Rowling's Harry Potter in 1997 for $20, which now costs $1000 (including GST).

Owner Douglas Stewart, interested in rare books since the age of 11, owns a William Bligh book signed in 1792, priced at $95,000 due to its provenance

 

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