2008-08-22 09:35:00
Rare and Collectible Books Rivaled Only by Fine Art in Retained and Increased Value Tim Miller has built a $2 million a year business in rare books by taking risks, bucking the traditional 'antiquarian bookseller' system, and making friends (and at least one enemy) among the powerful and famous NASHVILLE, Tenn., Aug. 22 /EMWNews/ -- Rarer than ever in today's economy is the investment that not only retains its value, but whose value increases steadily, immune to "bubble effects." The recent astronomical increases in fine art values have been well documented as collectors, especially hedge fund managers with money to burn, send prices soaring not only on Old Masters, but on works by modern artists from Jeff Koons to Damien Hirst. Less celebrated, since they rarely sell for millions, but just as remarkable have been the values of rare and first edition books. Only a few decades ago, the collectible book trade was limited to its own "Old Masters," first folios of Shakespeare or first printings of Jane Austen. But in recent times, especially during the ten years of FlatSigned.com's history so far, interest in and demand for rare and collectible books and autographs has exploded. Ten years ago a friend told Tim Miller, founder and owner of both FlatSigned.com and FlatSigned Press, Inc., that he could make money by getting books autographed and reselling them. At the time, the film version of John Grisham's novel "The Firm" was being filmed in Memphis, where Miller served as President of the Junior Chamber of Commerce. He purchased four copies of Grisham's book and, through his political connections, was able to garner the autographs of the movie's stars. Within weeks, Miller had turned $200 worth of paper and pulp into what he discovered was now $12,000 worth of treasured books - the only change a few lines of hand-written ink. Since then, Miller has devoted his life to offering collectors rare autographs on the pages of rare books, from everyone from popular novelists to world leaders and American presidents - and possibly future presidents. FlatSigned published a signed, limited edition of Hillary Clinton's "Invitation to the White House," an in-depth and fascinating look behind the scenes of the home of the President of the United States. FlatSigned Press and Miller have asked Senator Barack Obama to allow FlatSigned to have the opportunity to include one of his books in FlatSigned Press' "American Hero Collection", a matching set of fine, leather-bound books. FlatSigned has also published a handsome edition of the Warren Commission report on John F. Kennedy's assassination, hand signed by the late President Gerald R. Ford, at that time the last surviving member of the Commission. FlatSigned Press, Inc. also published Ford's final book, on the JFK assassination. That book has garnered world-wide attention from the news and the public. Miller' company holds perhaps the world's largest high-end autographed rare book collection, with over 50,000 collectible books in all. Many of these hard-to-find treasures are adorned with sought-after autographs by some of the world's most notable authors and celebrities; this impressive array of signatures includes the likes of John Steinbeck and Ernest Hemingway. Miller has worked directly with Ray Bradbury, Harper Lee, Stephen King, John Grisham, Vincent Bugliosi, Larry McMurtry, Dan Brown, General Hal Moore, Joe Galloway, William Goldman, John Irving, Wilbur Smith, James Lee Burke, Joseph Wambaugh, Sue Grafton, Anne Rice, Tim O'Brien, Nicholas Sparks, H. G. Bissinger, and E. Annie Proulx. FlatSigned.com owns an entire Presidential Suite of autographed books, including those by Gerald Ford, Bill and Hillary Clinton, Jimmy Carter, FDR, Teddy Roosevelt, Ronald Reagan, Herbert Hoover, Woodrow Wilson, Thomas Jefferson and George H. W. Bush. He's also worked with Supreme Court Justices William Rehnquist, Sandra Day O'Connor, Antonin Scalia, Stephen Breyer, Ruth Bader Ginsberg, Anthony Kennedy, and Clarence Thomas, and Mercury and Apollo astronauts Buzz Aldrin, Wally Schirra, Richard Gordon, Alan Bean, Gordon Cooper, Edgar Mitchell and Scott Carpenter. Miller has also corresponded for years with Neil Armstrong, though he has yet to reach a book deal with the famous moon-walker. According to Antiques Roadshow appraiser Gary Piattoni, "Neil Armstrong signed very little, and now he's stopped signing altogether." With his signature alone going for $500 and up, this would indeed be a feather in Miller's cap. How does Miller find himself in such good company? "I've been known to do things no one else has done when collecting autographs," Miller said. "I take a lot of risks. Sometimes I lose a lot of money on those risks, such as when I sent a box of valuable books and cash overnight to a contact in India for the Dalai Lama to sign. I never saw the books, or the money, again." Still, Miller said his risks pay off more often than not, and he's been able to acquire an enormous volume of autographed books by going to great lengths to contact authors and secure book-signing deals. The cornerstone of Miller's collection are rare first-edition, first-printings of Harper Lee's "To Kill A Mockingbird," which sell for around $25,000 each. Miller said he sells two or three of them each year, and one copy was gifted to Oscar-winning actor Philip Seymour Hoffman after his indelible portrayal of Truman Capote in the 2005 film "In Cold Blood." "FlatSigned is extremely proud of the fact that our collection has earned a special place in the hearts of the Hollywood community, many of which star in movies based on the lives and experiences of celebrities and authors we specialize in," Miller said. Miller's formidable clients include U.S. Ambassadors, Senators, Cabinet members, and White House employees; and many of FlatSigned's books are housed in the collections of former U.S. Presidents and other world leaders. Miller himself has achieved elite status through such prestigious distinctions as being one of George H. W. Bush's 1,000 Points of Light recipients and being named to the Who's Who in America list seven consecutive years. A Lyndon Baines Johnson Scholar who has worked for Congress and as a White House Press Correspondent during the Jimmy Carter administration, Miller holds Certified Press Credentials from both the U.S. Senate and the House of Representatives. In addition to selling rare books, Miller's company also publishes original, leather-bound commemorative copies complete with author signatures. These works include "Men From Earth" and "Encounter With Tiber" by Buzz Aldrin, "John F. Kennedy: Assassination Report of the Warren Commission" with revealing never-before-read comments by the late President Gerald R. Ford, "Invitation To The White House" by Hillary Rodham Clinton, "Braveheart" by Randall Wallace, and "We Were Soldiers Once... And Young" by Lt. General Hal Moore and Joe Galloway - the latter of which was given by President George W. Bush to book protagonist U.S. Army Major Bruce Crandall upon receiving the Medal of Honor. Miller said that he built this aspect of his business on a competitor's model, and added a few twists of his own that he feels makes for a superior product. "I patterned my company after my only competitor, Easton Press. They're in the business of publishing leather-bound, limited, numbered editions. I was very impressed with their quality and I sought out their binder," Miller said. "Now, our books are bound and printed by the same companies, with moiré patterned sheets, a built-in satin bookmark, gilded page edges, and gold stamping and raised hubs on the spines. We go the extra step and add a photograph of the author signing our books on the inside and a dual- hologram seal - one on the signed page, and one on the certificate of authenticity. This way, only one book can match each certificate. It makes for a beautiful product." These highly-collectible special editions are inventoried in some of the nation's most-renowned archives, including The George H. W. Bush Presidential Library and Museum, The Kennedy Space Center, and The Gerald R. Ford Library, to name a few. Despite Miller's success, some have attacked his credentials and doubted the authenticity of his autographs - namely the Antiquarian Booksellers' Association of America. Miller disregards these insults, saying that the ABAA's leadership had a monopoly on rare autographed books until the advent of the Internet and are seeking to shut their competitors down through dishonorable means, including an unsuccessful attempt to persuade eBay into restricting the sales of rare autographed books on its popular auction site. "A lot of people have accused me of fakes because they don't think anyone in the world can have 50,000 rare autographed books. I have never faked an autograph in my life," Miller said. Miller said he has sued several fake autograph peddlers himself, and even went so far as to attend an ABAA Convention in San Francisco to try to resolve their differences; but was escorted out of the convention by those known in inner-circles as 'The Cartel.' "Many of the group's members are great people and very professional booksellers," Miller said. "I buy books from many ABAA members. However, it saddens me that the organization's leadership is so aggressively trying to maintain their monopoly on the rare book market that they would attempt to discredit honest people. The time wasted in terrorizing me has allowed others who are guilty of faking autographed books to slip through the cracks and steal money from other honest people." Despite the efforts of the ABAA, Miller has earned a fortune through his formidable book sales to some of the most respected collectors in the world. FlatSigned has worked with some of history's most notable authors, and Miller has been featured on the cable television network QVC, on the Gordon Liddy Show, and on national network news. Not bad for a man who grew up without running water until he was 13. He hopes his story inspires others to take a leap of faith and pursue their passions. "It is true that people who have small dreams or simple minds simply cannot believe that a poor guy from the South can become a multi-millionaire just by taking a few risks," he said. "I'm living proof that it can happen only in America."
About FlatSigned Press Founded in 1998, FlatSigned Press, Inc. is a rare book seller and publishing company specializing in the sale and publishing of rare and collectible books, signed first-editions, manuscripts, historical documents, art, and autographs. FlatSigned has worked with many of the world's most famous authors and notable figures including the late President Gerald R. Ford, astronaut and moonwalker Buzz Aldrin, and General Hal Moore, best known for his leadership during the battle of La Drang during the Vietnam War, well- detailed in the 1992 book "We Were Soldiers Once ... And Young," which became the 2002 film "We Were Soldiers" starring Mel Gibson. The firm's catalog features autographed books from a diverse group of authors, including: -- Supreme Court Justices Stephen Breyer, Ruth Bader Ginsberg, Anthony Kennedy, Sandra Day O'Connor, William Rehnquist, Antonin Scalia, and Clarence Thomas; -- Mercury and Apollo astronauts Buzz Aldrin, Alan Bean, Scott Carpenter, Gordon Cooper, Edgar Mitchell, and Wally Schirra; -- Former United States Presidents (and presidential candidates) George H. W. Bush, Jimmy Carter, Bill Clinton, and Hillary Rodham Clinton; -- As well as authors H. G. "Buzz" Bissinger, Ray Bradbury, Dan Brown, Vincent Bugliosi, James Lee Burke, Arthur C. Clarke, Joe Galloway, William Goldman, Richard Gordon, Sue Grafton, John Grisham, John Irving, Stephen King, Harper Lee, Cormac McCarthy, Larry McMurtry, Arthur Miller, Lt. General Hal Moore, Tim O'Brien, E. Annie Proulx, Anne Rice, Wilbur Smith, Nicholas Sparks, Hunter S. Thompson, Kurt Vonnegut, and Joseph Wambaugh. Coined by legendary horror writer Stephen King, the term FlatSigned refers to the most desirable type of collectible book: One that is signed by the author directly on the title page without an inscription. FlatSigned has consistently earned annual sales in excess of $2 million and an EBITA profit of 30%. Additional information can be obtained from http://www.flatsigned.com or by calling 1-866-FLATSIGNED. About Owner and Publisher of FlatSigned Press Inc., Tim Miller Born to an impoverished southern family that had no running water until he was 13, Tim Miller has worked hard his entire life, becoming one of the most notable publishers and book collectors in the world. Throughout his illustrious career, the Lyndon Baines Johnson Scholar has served as White House Press Correspondent and worked directly for the U.S. Congress. He held Certified Press Credentials for both the U.S. House of Representatives and the U.S. Senate. He has been honored with distinctions including Memphis, TN newspaper "The Commercial Appeal's" version of President George W. Bush's 1,000 Points of Light Award, named to Who's Who in America for seven consecutive years, and named to Who's Who in American Colleges four consecutive years. Always civic-minded, Miller has held distinctive positions including National Staff Officer for the United States Junior Chamber of Commerce, President of the Memphis Junior Chamber of Commerce, State Officer of the Tennessee Jaycees, and Executive Director of the Wisconsin Junior Chamber. A graduate of Austin Peay State University, he attended the Memphis State University School of Law and Western Washington State University. Miller has also held the post of Personnel Officer for St. Jude's Children's Research Hospital. His civic contributions have earned him the nationally- recognized Steve Little Memorial Award from the United States Jaycees. As President and CEO of the multi-million dollar autographed book company and publisher FlatSigned Press, Inc., Miller consistently lends his expertise to television, radio and newspaper personalities and journalists researching the historical accounts and contemporary values of rare autographed books. He is a contributor to "The Sanders Price Guide to Autographs," the definitive price guide for autograph collectors, and many other trade and consumer autograph publications. He maintains memberships in the Better Business Bureau, The International Society of Appraisers, The Manuscript Society and the Universal Autograph Collectors Club, and has been featured in various programs and publications including cable television channel QVC, the Gordon Liddy Show, and national network news. Additional information can be obtained from http://www.flatsigned.com .
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