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There are various types of collectors, some are rational people knowing the value of each item at the current market and the value that ir could have in the future. Some of them buy items mostly for the investment and think of the items as any other financial investment.
Others might belong to the opposite extreme buying things they fall in love with regardless of any other considerations. They would buy the special first edition book for the sentimental value, their admiration for the writer and for many other reasons that has almost nothing to do with the price.
Most collectors are somewhere in the middle. they care for the financial value of the items that they buy but care no less for the value that they hold for them. This is specifically the case with rare or expensive items.
As far as book are concerned it is possible to find guidance on both aspects at Bookride. The discussion of the books touches on the market value of the book but deals mainly on its historical and literacy value.
I personally can’t really afford first editions or rare books but I sure enjoy them for the feeling of history and that specific smell and most of all for the feeling of being a little more connected to the writer.
