I apologize for the delay in getting this report out to the lists. Carole Bell ALA ACLTS OUT-OF-PRINT AND GIFTS & EXCHANGE DISCUSSION GROUPS JOINT MEETING FEBRUARY 6, 1995 1. Announcements: -Books on Demand is now available on CD Rom for about $99 per year. -The new Gifts & Exchange Listserve will begin soon. Carole will send out message to ACQNET, Serialst, and Colldv-l -The topic for the next G&E disscussion group will be tax laws. If anyone knows of a librarian or anyone else who would be a good speaker for this topic, please contact Carole Bell. 2. Discussion: How bookdealers can help librarians with Gifts and OP: The topic for discussion at this meeting was how bookdealers can help librarians acquire out-of-print materials for libraries and increase library revenue by purchasing unwanted items. The two speakers were Mr. George R. Allen of William H. Allen, Bookseller, Philadelphia and Mr. Samuel J. Hough of The Owl at the Bridge, Cranston, Rhode Island. Mr. Hough began the discussion by expressing the view that libraries are a great source of inexpensive stock for bookdealers. Many low-priced items can be found for re-sale among the gifts that libraries wish to dispose of because they duplicate their current holdings or do not fit their collection profile. Both Messrs. Hough and Allen agreed that it is very unusual to find a rare or valuable book among these items as they have usually been reviewed beforehand by selectors. But if one were found, both would advise the library of its potential worth rather than merely buy it at below market price for a more profitable re-sale. From attending these numerous book sales, Mr. Hough believes that libraries sell their duplicates too cheaply and could make more money by employing the expertise of bookdealers. Besides being customers at these sales, bookdealers can further assist by disposing of large lots of unneeded books. Mr. Hough illustrated this point by relating his experience of helping a university library sell a rather sizable quantity of books that could not be used. At the library's request, Mr. Hough marketed this collection to various customers and was able to garner the amount the library was hoping for. This saved the library a significant amount of staff time in preparing the donation for sale and resulted in a beneficial infusion of money into their budget. Mr. Hough felt that libraries should make use of the bookdealer's knowledge of local, national, and overseas markets for selling unwanted gifts as another source of revenue. They can take the burden of selling off libraries through their knowledge of demand and pricing variations which exist in those markets. Bookdealers in turn would benefit from the commission or profit over the agreed upon selling price. Some group members raised the tangential issue that library collection withdrawals, unlike gifts, cannot be sold at all. They have been purchased with state monies and are regarded as state property. In those cases, libraries have offered the de-accessioned items to other institutions for use. In regards to out-of-print searching, Mr. Allen does not actively search but keeps a record of catalog items that were requested after being sold. 5% to 10% of his sales are for such items found. Mr. Hough does circulate lists of desiderata in addition to visiting bookshops. However, he has found that these lists have proven to be rather an unsuccessful means of locating o.p. material. Discussion then ensued about the various methods used by members of the Group to search for their desiderata. A few sent purchase orders to vendors with the request to search if the item was found to be out-of-print. A couple of libraries had selectors who chose from o.p. bookdealer catalogs. (Mr. Allen noted that he mails anywhere from 2,000 to 4,000 catalogs and receives 500 to 600 responses. Of those, around 10-15% are from libraries.) University of North Florida is also sending desiderata lists to Strand Book Store in New York City because it has proven a somewhat successful method due to its large o.p. stock. Auburn University advertises in the free, semi-monthly publication LIBRARY BOOKSELLER and has a 10-15% success rate. They also employ the "shotgun" approach of sending search requests to specialist dealers with varying degrees of success. Though no definitive consensus was reached on how to most fruitfully do out-of-print searching, the members of the group received useful insight into how specialists in the used book trade can successfully assist libraries in augmenting their budgets, if not their collections. The various aspects of pricing, marketing, and searching which Messrs. Allen and Hough spoke on elicited an interesting and informative discussion in the group. Submitted: Marilyn Ng, Chair, OP Discussion Group Acquisition Dept. Doe Library University of California Berkeley, CA 94720-6000 mng@library.berkeley.edu Carole R. Bell, Chair Gifts & Exchange Discussion Group Serials & Acquisitions Services Northwestern University Library 1935 Sheridan Rd. Evanston, IL 60208-2300 crbell@nwu.edu