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Henry B. Wheatley examines the historical fluctuations in the prices of books as an indicator of broader economic and intellectual development. The text analyzes how factors such as scarcity, mechanical innovation, and changing social values influence the market value of printed works over time.

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Table of Contents

CHAPTER IV PUBLISHED PRICES

for fifteen shillings (or two shillings and sixpence a volume) in May 1714.

Tom D’Urfey sold his “Wit and Mirth; or, Pills to purge Melancholy,” at two shillings and sixpence a volume.

Duodecimos have now gone out of fashion, at least in name, as small books are mostly known as post octavos, foolscap octavos, &c. The price of these small handy volumes remains much the same, as the half-crown of the last century is the equivalent of our five or six shillings.

The greatest change in price has been made in poetry and novels, and six shillings has become a favourite price for both. The two guineas for the poem, and the guinea and a half for the three-volume novel, are become things of the past.

Although in the last century many books were published and sold which could not be sold at the present time, it is probable that some of these books paid the publisher but badly, and it was therefore found to be a wise precaution to publish certain books by subscription, and this plan was therefore frequently adopted.

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